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MREIT PSE:MREIT Stock Report

Last Price

₱13.00

Market Cap

₱36.3b

7D

-0.2%

1Y

-10.1%

Updated

29 Mar, 2024

Data

Company Financials +

MREIT, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MREIT
Historical stock prices
Current Share Price₱13.00
52 Week High₱15.90
52 Week Low₱11.54
Beta0.096
1 Month Change-1.37%
3 Month Change5.69%
1 Year Change-10.10%
3 Year Changen/a
5 Year Changen/a
Change since IPO-22.16%

Recent News & Updates

Recent updates

Shareholder Returns

MREITPH Office REITsPH Market
7D-0.2%-1.5%-0.2%
1Y-10.1%-8.9%1.6%

Return vs Industry: MREIT underperformed the PH Office REITs industry which returned -8.9% over the past year.

Return vs Market: MREIT underperformed the PH Market which returned 1.6% over the past year.

Price Volatility

Is MREIT's price volatile compared to industry and market?
MREIT volatility
MREIT Average Weekly Movement3.2%
Office REITs Industry Average Movement2.8%
Market Average Movement5.0%
10% most volatile stocks in PH Market11.9%
10% least volatile stocks in PH Market2.5%

Stable Share Price: MREIT has not had significant price volatility in the past 3 months.

Volatility Over Time: MREIT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a2Kevin Andrew Tanhttps://mreit.com.ph

MREIT, Inc. operates as a real estate investment trust. It leases a portfolio of 10 office and commercial assets in the Philippines. The company has elected to be taxed as a real estate investment trust.

MREIT, Inc. Fundamentals Summary

How do MREIT's earnings and revenue compare to its market cap?
MREIT fundamental statistics
Market cap₱36.35b
Earnings (TTM)₱168.34m
Revenue (TTM)₱3.22b

215.9x

P/E Ratio

11.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MREIT income statement (TTM)
Revenue₱3.22b
Cost of Revenue₱940.57m
Gross Profit₱2.28b
Other Expenses₱2.11b
Earnings₱168.34m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.06
Gross Margin70.82%
Net Profit Margin5.22%
Debt/Equity Ratio13.8%

How did MREIT perform over the long term?

See historical performance and comparison

Dividends

7.6%

Current Dividend Yield

83%

Payout Ratio
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