C2PU Stock Overview
Parkway Life Real Estate Investment Trust (“PLife REIT”) is one of Asia’s largest listed healthcare REITs by asset size.
Parkway Life Real Estate Investment Trust Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||S$4.94|
|52 Week High||S$5.22|
|52 Week Low||S$4.24|
|1 Month Change||1.86%|
|3 Month Change||9.53%|
|1 Year Change||12.78%|
|3 Year Change||68.60%|
|5 Year Change||89.27%|
|Change since IPO||315.13%|
Recent News & Updates
|C2PU||SG REITs||SG Market|
Return vs Industry: C2PU exceeded the SG REITs industry which returned -2.6% over the past year.
Return vs Market: C2PU exceeded the SG Market which returned -0.3% over the past year.
|C2PU Average Weekly Movement||3.0%|
|REITs Industry Average Movement||2.9%|
|Market Average Movement||5.1%|
|10% most volatile stocks in SG Market||12.1%|
|10% least volatile stocks in SG Market||2.4%|
Stable Share Price: C2PU is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: C2PU's weekly volatility (3%) has been stable over the past year.
About the Company
|2007||n/a||Yean Chau Yong||https://www.plifereit.com|
Parkway Life Real Estate Investment Trust (“PLife REIT”) is one of Asia’s largest listed healthcare REITs by asset size. It invests in income-producing real estate and real estate related assets that are used primarily for healthcare and healthcare-related purposes (including but are not limited to, hospitals, healthcare facilities and real estate and/or real estate assets used in connection with healthcare research, education, and the manufacture or storage of drugs, medicine and other healthcare goods and devices). PLife REIT owns a well-diversified portfolio of 54 properties located in the Asia Pacific region, with a total portfolio size of approximately S$2.02 billion3 as at 31 December 2020.
Parkway Life Real Estate Investment Trust Fundamentals Summary
|C2PU fundamental statistics|
Is C2PU overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|C2PU income statement (TTM)|
|Cost of Revenue||S$22.43m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.54|
|Net Profit Margin||268.73%|
How did C2PU perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is Parkway Life Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: C2PU (SGD4.94) is trading above our estimate of fair value (SGD4.6)
Significantly Below Fair Value: C2PU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: C2PU is good value based on its PE Ratio (9.2x) compared to the SG REITs industry average (13.8x).
PE vs Market: C2PU is good value based on its PE Ratio (9.2x) compared to the SG market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: C2PU's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: C2PU is overvalued based on its PB Ratio (2.1x) compared to the SG REITs industry average (0.9x).
How is Parkway Life Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: C2PU's earnings are forecast to decline over the next 3 years (-9.7% per year).
Earnings vs Market: C2PU's earnings are forecast to decline over the next 3 years (-9.7% per year).
High Growth Earnings: C2PU's earnings are forecast to decline over the next 3 years.
Revenue vs Market: C2PU's revenue (2.8% per year) is forecast to grow slower than the SG market (7.7% per year).
High Growth Revenue: C2PU's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: C2PU's Return on Equity is forecast to be low in 3 years time (8.8%).
How has Parkway Life Real Estate Investment Trust performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: C2PU has a large one-off gain of SGD238.6M impacting its March 31 2022 financial results.
Growing Profit Margin: C2PU's current net profit margins are higher than last year (82.8%).
Past Earnings Growth Analysis
Earnings Trend: C2PU's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: C2PU's earnings growth over the past year (225.3%) exceeds its 5-year average (21.9% per year).
Earnings vs Industry: C2PU earnings growth over the past year (225.3%) exceeded the REITs industry 101.1%.
Return on Equity
High ROE: C2PU's Return on Equity (22.7%) is considered high.
How is Parkway Life Real Estate Investment Trust's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: C2PU's short term assets (SGD39.0M) do not cover its short term liabilities (SGD117.6M).
Long Term Liabilities: C2PU's short term assets (SGD39.0M) do not cover its long term liabilities (SGD792.8M).
Debt to Equity History and Analysis
Debt Level: C2PU's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: C2PU's debt to equity ratio has reduced from 63.7% to 57.7% over the past 5 years.
Debt Coverage: C2PU's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: C2PU's interest payments on its debt are well covered by EBIT (20.7x coverage).
What is Parkway Life Real Estate Investment Trust current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: C2PU's dividend (2.85%) is higher than the bottom 25% of dividend payers in the SG market (2.22%).
High Dividend: C2PU's dividend (2.85%) is low compared to the top 25% of dividend payers in the SG market (5.95%).
Stability and Growth of Payments
Stable Dividend: C2PU's dividends per share have been stable in the past 10 years.
Growing Dividend: C2PU's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (94.8%), C2PU's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (94.8%), C2PU's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yean Chau Yong (55 yo)
Mr. Yean Chau Yong has been Chief Executive Officer at Parkway Trust Management Limited, the manager of Parkway Life REIT since December 2008. Mr. Yong has been Executive Director at Parkway Trust Managem...
Experienced Management: C2PU's management team is seasoned and experienced (11.3 years average tenure).
Experienced Board: C2PU's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: C2PU insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Parkway Life Real Estate Investment Trust's employee growth, exchange listings and data sources
- Name: Parkway Life Real Estate Investment Trust
- Ticker: C2PU
- Exchange: SGX
- Founded: 2007
- Industry: Health Care REITs
- Sector: Real Estate
- Implied Market Cap: S$2.989b
- Shares outstanding: 605.00m
- Website: https://www.plifereit.com
- Parkway Life Real Estate Investment Trust
- 80 Robinson Road, No. 02-00
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/23 00:00|
|End of Day Share Price||2022/05/23 00:00|
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.