Premiere Island Power Reit Past Earnings Performance
Past criteria checks 4/6
Premiere Island Power Reit has been growing earnings at an average annual rate of 53%, while the REITs industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 20.5% per year. Premiere Island Power Reit's return on equity is 7.7%, and it has net margins of 109.3%.
Key information
53.0%
Earnings growth rate
195.0%
EPS growth rate
| REITs Industry Growth | 12.2% |
| Revenue growth rate | 20.5% |
| Return on equity | 7.7% |
| Net Margin | 109.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Premiere Island Power Reit makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 644 | 704 | 0 | 0 |
| 30 Sep 23 | 680 | 380 | -3 | 0 |
| 30 Jun 23 | 731 | 426 | 0 | 0 |
| 31 Dec 22 | 426 | 167 | 0 | 0 |
| 31 Dec 21 | 401 | 75 | 24 | 0 |
| 31 Dec 20 | 389 | 57 | 29 | 0 |
| 31 Dec 19 | 409 | 26 | 28 | 0 |
Quality Earnings: PREIT has a large one-off gain of ₱213.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PREIT's current net profit margins are higher than last year (39.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PREIT's earnings have grown significantly by 53% per year over the past 5 years.
Accelerating Growth: PREIT's earnings growth over the past year (321.4%) exceeds its 5-year average (53% per year).
Earnings vs Industry: PREIT earnings growth over the past year (321.4%) exceeded the REITs industry 3.7%.
Return on Equity
High ROE: PREIT's Return on Equity (7.7%) is considered low.