Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 3/6 |
Past Performance | 2/6 |
Financial Health | 2/6 |
Dividends | 3/6 |
BMGU Stock Overview
BHG Retail REIT is the first pure-play China Retail REIT sponsored by a leading China integrated retail group.
BHG Retail REIT Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | S$0.53 |
52 Week High | S$0.63 |
52 Week Low | S$0.44 |
Beta | 0.64 |
1 Month Change | -0.94% |
3 Month Change | n/a |
1 Year Change | -3.64% |
3 Year Change | -24.29% |
5 Year Change | -28.38% |
Change since IPO | -33.75% |
Recent News & Updates
Shareholder Returns
BMGU | SG REITs | SG Market | |
---|---|---|---|
7D | 1.9% | 1.1% | 0.2% |
1Y | -3.6% | -4.7% | -3.4% |
Return vs Industry: BMGU exceeded the SG REITs industry which returned -4.7% over the past year.
Return vs Market: BMGU matched the SG Market which returned -3.4% over the past year.
Price Volatility
BMGU volatility | |
---|---|
BMGU Average Weekly Movement | 9.8% |
REITs Industry Average Movement | 2.8% |
Market Average Movement | 4.8% |
10% most volatile stocks in SG Market | 11.1% |
10% least volatile stocks in SG Market | 2.2% |
Stable Share Price: BMGU is more volatile than 75% of SG stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: BMGU's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of SG stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
n/a | n/a | Iz-Lynn Chan | https://www.bhgreit.com |
BHG Retail REIT is the first pure-play China Retail REIT sponsored by a leading China integrated retail group. The REIT was listed on the Main Board of the Singapore Exchange Securities Trading Limited on 11 December 2015. The principal investment strategy of BHG Retail REIT is to invest, directly or indirectly, in a diversified portfolio of income-producing real estate which is used primarily for retail purposes (whether either wholly or partially), as well as real estate-related assets in relation to the foregoing, with an initial focus on China.
BHG Retail REIT Fundamentals Summary
BMGU fundamental statistics | |
---|---|
Market Cap | S$271.99m |
Earnings (TTM) | S$7.51m |
Revenue (TTM) | S$70.64m |
36.2x
P/E Ratio3.9x
P/S RatioIs BMGU overvalued?
See Fair Value and valuation analysisEarnings & Revenue
BMGU income statement (TTM) | |
---|---|
Revenue | S$70.64m |
Cost of Revenue | S$28.09m |
Gross Profit | S$42.55m |
Other Expenses | S$35.04m |
Earnings | S$7.51m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.015 |
Gross Margin | 60.23% |
Net Profit Margin | 10.63% |
Debt/Equity Ratio | 45.1% |
How did BMGU perform over the long term?
See historical performance and comparisonDividends
4.1%
Current Dividend Yield34%
Payout RatioValuation
Is BMGU undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BMGU?
Other financial metrics that can be useful for relative valuation.
What is BMGU's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | S$271.99m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 10x |
Enterprise Value/EBITDA | 18.3x |
PEG Ratio | 1.1x |
Price to Earnings Ratio vs Peers
How does BMGU's PE Ratio compare to its peers?
BMGU PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 21x |
Price-To-Earnings vs Peers: BMGU is expensive based on its Price-To-Earnings Ratio (36.2x) compared to the peer average (21x).
Price to Earnings Ratio vs Industry
How does BMGU's PE Ratio compare vs other companies in the Singaporean REITs Industry?
Price-To-Earnings vs Industry: BMGU is expensive based on its Price-To-Earnings Ratio (36.2x) compared to the SG REITs industry average (14.1x)
Price to Earnings Ratio vs Fair Ratio
What is BMGU's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 36.2x |
Fair PE Ratio | 15x |
Price-To-Earnings vs Fair Ratio: BMGU is expensive based on its Price-To-Earnings Ratio (36.2x) compared to the estimated Fair Price-To-Earnings Ratio (15x).
Share Price vs Fair Value
What is the Fair Price of BMGU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BMGU (SGD0.53) is trading below our estimate of fair value (SGD1.49)
Significantly Below Fair Value: BMGU is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: BMGU is poor value based on its PEG Ratio (1.1x)
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Future Growth
How is BHG Retail REIT forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
32.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BMGU's forecast earnings growth (32.3% per year) is above the savings rate (1.8%).
Earnings vs Market: BMGU's earnings (32.3% per year) are forecast to grow faster than the SG market (12.6% per year).
High Growth Earnings: BMGU's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BMGU's revenue (6% per year) is forecast to grow slower than the SG market (7.8% per year).
High Growth Revenue: BMGU's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BMGU's Return on Equity is forecast to be low in 3 years time (3.1%).
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Past Performance
How has BHG Retail REIT performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-31.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMGU has high quality earnings.
Growing Profit Margin: BMGU became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BMGU's earnings have declined by 31.2% per year over the past 5 years.
Accelerating Growth: BMGU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BMGU has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (87.6%).
Return on Equity
High ROE: BMGU's Return on Equity (2.3%) is considered low.
Discover strong past performing companies
Financial Health
How is BHG Retail REIT's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: BMGU's short term assets (SGD51.2M) do not cover its short term liabilities (SGD339.9M).
Long Term Liabilities: BMGU's short term assets (SGD51.2M) exceed its long term liabilities (SGD47.9M).
Debt to Equity History and Analysis
Debt Level: BMGU's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: BMGU's debt to equity ratio has increased from 39.7% to 45.1% over the past 5 years.
Debt Coverage: BMGU's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: BMGU's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Dividend
What is BHG Retail REIT current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.09%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BMGU's dividend (4.09%) is higher than the bottom 25% of dividend payers in the SG market (2.34%).
High Dividend: BMGU's dividend (4.09%) is low compared to the top 25% of dividend payers in the SG market (6.16%).
Stability and Growth of Payments
Stable Dividend: BMGU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BMGU has only been paying a dividend for 6 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.7%), BMGU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.5%), BMGU's dividend payments are well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average board tenure
CEO
Iz-Lynn Chan
no data
Tenure
Ms. Iz-Lynn Chan serves as Chief Executive Officer and Head of Investor Relations - BHG Retail Trust Management Pte Ltd at BHG Retail REIT. Ms. Chan has 20 years' experience in the real estate and service...
Board Members
Experienced Board: BMGU's board of directors are considered experienced (6.6 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
BHG Retail REIT's employee growth, exchange listings and data sources
Key Information
- Name: BHG Retail REIT
- Ticker: BMGU
- Exchange: SGX
- Founded: NaN
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: S$271.988m
- Shares outstanding: 513.19m
- Website: https://www.bhgreit.com
Location
- BHG Retail REIT
- 250 North Bridge Road
- #32-01/04 Raffles City Tower
- Singapore
- 179101
- Singapore
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/26 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.