Frasers Hospitality Trust
Market Cap
S$963.0m
Last Updated
2021/03/04 11:05 UTC
Data Sources
Company Financials +
Executive Summary
FHT is the first global hotel and serviced residence trust listed in Singapore on 14 July 2014, comprising FH-REIT and FH-BT. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Frasers Hospitality Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACV is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ACV's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-2.0%
ACV
0.5%
SG REITs
1.1%
SG Market
1 Year Return
-24.8%
ACV
-12.3%
SG REITs
-4.0%
SG Market
Return vs Industry: ACV underperformed the SG REITs industry which returned -12.3% over the past year.
Return vs Market: ACV underperformed the SG Market which returned -4% over the past year.
Shareholder returns
| ACV | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | 0.5% | 1.1% |
| 30 Day | 1.0% | -3.3% | 1.9% |
| 90 Day | -7.4% | 1.3% | 6.1% |
| 1 Year | -22.3%-24.8% | -7.8%-12.3% | 1.0%-4.0% |
| 3 Year | -24.8%-35.9% | 18.4%-1.3% | -7.1%-18.5% |
| 5 Year | -8.8%-35.9% | 46.5%8.2% | 17.0%-4.4% |
Long-Term Price Volatility Vs. Market
How volatile is Frasers Hospitality Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Type Of Returns Would Frasers Hospitality Trust's(SGX:ACV) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?2 months ago | Simply Wall St
What Type Of Shareholders Own The Most Number of Frasers Hospitality Trust (SGX:ACV) Shares?4 months ago | Simply Wall St
The Frasers Hospitality Trust (SGX:ACV) Analysts Have Been Trimming Their Sales ForecastsValuation
Is Frasers Hospitality Trust undervalued compared to its fair value and its price relative to the market?
19.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ACV (SGD0.5) is trading below our estimate of fair value (SGD0.62)
Significantly Below Fair Value: ACV is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ACV is unprofitable, so we can't compare its PE Ratio to the SG REITs industry average.
PE vs Market: ACV is unprofitable, so we can't compare its PE Ratio to the SG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ACV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ACV is good value based on its PB Ratio (0.7x) compared to the SG REITs industry average (0.9x).
Next Steps
Future Growth
How is Frasers Hospitality Trust forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
92.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ACV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: ACV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ACV's is expected to become profitable in the next 3 years.
Revenue vs Market: ACV's revenue (13.4% per year) is forecast to grow faster than the SG market (9.1% per year).
High Growth Revenue: ACV's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ACV's Return on Equity is forecast to be low in 3 years time (3.8%).
Next Steps
Past Performance
How has Frasers Hospitality Trust performed over the past 5 years?
-34.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACV is currently unprofitable.
Growing Profit Margin: ACV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ACV is unprofitable, and losses have increased over the past 5 years at a rate of 34.1% per year.
Accelerating Growth: Unable to compare ACV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ACV is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-29.3%).
Return on Equity
High ROE: ACV has a negative Return on Equity (-8.38%), as it is currently unprofitable.
Next Steps
Financial Health
How is Frasers Hospitality Trust's financial position?
Financial Position Analysis
Short Term Liabilities: ACV's short term assets (SGD98.1M) exceed its short term liabilities (SGD70.7M).
Long Term Liabilities: ACV's short term assets (SGD98.1M) do not cover its long term liabilities (SGD937.5M).
Debt to Equity History and Analysis
Debt Level: ACV's debt to equity ratio (67.1%) is considered high.
Reducing Debt: ACV's debt to equity ratio has increased from 67% to 67.1% over the past 5 years.
Debt Coverage: ACV's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: ACV is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Frasers Hospitality Trust current dividend yield, its reliability and sustainability?
2.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ACV's dividend (2.8%) is higher than the bottom 25% of dividend payers in the SG market (1.98%).
High Dividend: ACV's dividend (2.8%) is low compared to the top 25% of dividend payers in the SG market (4.79%).
Stability and Growth of Payments
Stable Dividend: ACV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ACV has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (86.7%), ACV's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ACV's dividends in 3 years are not forecast to be well covered by earnings (103.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Colin Low (42 yo)
1.67yrs
Tenure
Mr. Hsien Yang Low, also known as Colin, has been the Chief Executive Officer of Frasers Hospitality Trust since July 1, 2019. Mr. Low was the Head of Investment and Senior Director of Frasers Hospitality ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.67yrs | no data | 0.0033% SGD 32.2k | |
| Chief Financial Officer | 2.17yrs | no data | no data | |
| Senior VP & Head of Investment | 2.75yrs | no data | no data | |
| VP & Head of Investor Relations | no data | no data | no data | |
| VP & Deputy Head of Investment | no data | no data | no data | |
| Company Secretary of Frasers Hospitality Asset Management Pte Ltd | 4.42yrs | no data | no data |
2.5yrs
Average Tenure
Experienced Management: ACV's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Executive & Independent Director | 6.75yrs | S$49.63k | no data | |
| Non-Executive & Non-Independent Director | 6.75yrs | S$53.38k | 36.72% SGD 353.7m | |
| Non-Executive & Non-Independent Director | 1.83yrs | S$48.13k | no data | |
| Non-Executive & Independent Director | 6.75yrs | S$103.21k | no data | |
| Non-Executive & Independent Chairman | 6.75yrs | S$135.92k | 0.029% SGD 274.9k | |
| Non-Executive & Independent Director | 6.75yrs | S$81.04k | no data |
6.8yrs
Average Tenure
66.5yo
Average Age
Experienced Board: ACV's board of directors are considered experienced (6.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Frasers Hospitality Trust's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Frasers Hospitality Trust
- Ticker: ACV
- Exchange: SGX
- Founded: NaN
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Market Cap: S$963.037m
- Shares outstanding: 1.93b
- Website: https://www.frasersproperty.com/reits/fht
Location
- Frasers Hospitality Trust
- 438 Alexandra Road
- No. 21-00 Alexandra Point
- Singapore
- 119958
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ACV | SGX (Singapore Exchange) | Yes | Stapled Securities | SG | SGD | Jul 2014 |
Biography
FHT is the first global hotel and serviced residence trust listed in Singapore on 14 July 2014, comprising FH-REIT and FH-BT. It is established with the principal strategy of investing globally, on a long-...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 11:05 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.