Lippo Malls Indonesia Retail Trust
Market Cap
S$709.3m
Last Updated
2019/11/13 12:53 UTC
Data Sources
Company Financials
Executive Summary
LMIR Trust is a Singapore-based real estate investment trust established with the principal investment objective of owning and investing, on a long-term basis, in a diversified portfolio of income-producing real estate in Indonesia that are primarily used for retail and/or retail-related purposes.
Snowflake
Fundamentals
Good value with proven track record and pays a dividend.
Share Price & News
How has Lippo Malls Indonesia Retail Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: D5IU has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.3%
D5IU
-2.6%
SG REITs
-0.7%
SG Market
1 Year Return
6.5%
D5IU
16.2%
SG REITs
4.7%
SG Market
Return vs Industry: D5IU underperformed the SG REITs industry which returned 16.2% over the past year.
Return vs Market: D5IU exceeded the SG Market which returned 4.7% over the past year.
Shareholder returns
| D5IU | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | -2.6% | -0.7% |
| 30 Day | 4.3% | -3.9% | 2.9% |
| 90 Day | 8.9% | -0.5% | 2.6% |
| 1 Year | 16.3%6.5% | 23.5%16.2% | 8.9%4.7% |
| 3 Year | -17.7%-34.7% | 48.4%22.5% | 20.8%8.0% |
| 5 Year | 0.3%-33.8% | 54.0%10.8% | 11.6%-7.0% |
Price Volatility Vs. Market
How volatile is Lippo Malls Indonesia Retail Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Here's Why We're Wary Of Buying Lippo Malls Indonesia Retail Trust's (SGX:D5IU) For Its Upcoming Dividend3 weeks ago | Simply Wall St
Something To Consider Before Buying Lippo Malls Indonesia Retail Trust (SGX:D5IU) For The 8.7% Dividend1 month ago | Simply Wall St
Did Changing Sentiment Drive Lippo Malls Indonesia Retail Trust's (SGX:D5IU) Share Price Down By 42%?Valuation
Is Lippo Malls Indonesia Retail Trust undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: D5IU (SGD0.25) is trading below our estimate of fair value (SGD0.89)
Significantly Below Fair Value: D5IU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: D5IU is good value based on its PE Ratio (14.3x) compared to the REITs industry average (14.3x).
PE vs Market: D5IU is poor value based on its PE Ratio (14.3x) compared to the SG market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate D5IU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: D5IU is good value based on its PB Ratio (0.6x) compared to the SG REITs industry average (1x).
Next Steps
Future Growth
How is Lippo Malls Indonesia Retail Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: D5IU's forecast earnings growth (10.4% per year) is above the savings rate (2.3%).
Earnings vs Market: D5IU's earnings (10.4% per year) are forecast to grow faster than the SG market (5.7% per year).
High Growth Earnings: D5IU's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if D5IU's revenue is forecast to grow faster than the SG market.
High Growth Revenue: Insufficient data to determine if D5IU's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if D5IU's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Lippo Malls Indonesia Retail Trust performed over the past 5 years?
-7.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: D5IU has high quality earnings.
Growing Profit Margin: D5IU's current net profit margins (18.5%) are higher than last year (14.2%).
Past Earnings Growth Analysis
Earnings Trend: D5IU's earnings have declined by -7.8% per year over the past 5 years.
Accelerating Growth: D5IU's earnings growth over the past year (60.9%) exceeds its 5-year average (-7.8% per year).
Earnings vs Industry: D5IU earnings growth over the past year (60.9%) exceeded the REITs industry 4.6%.
Return on Equity
High ROE: D5IU's Return on Equity (5.8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Lippo Malls Indonesia Retail Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: D5IU has a high level of physical assets or inventory.
Debt Coverage by Assets: D5IU's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: D5IU's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if D5IU has a sufficient allowance for bad loans.
Low Risk Liabilities: D5IU reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if D5IU has an acceptable proportion of non-loan assets held.
Low Risk Deposits: D5IU has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if D5IU has an appropriate level of bad loans.
Next Steps
Dividend
What is Lippo Malls Indonesia Retail Trust's current dividend yield, its reliability and sustainability?
8.37%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: D5IU's dividend (8.37%) is higher than the bottom 25% of dividend payers in the SG market (2.56%).
High Dividend: D5IU's dividend (8.37%) is in the top 25% of dividend payers in the SG market (5.57%)
Stability and Growth of Payments
Stable Dividend: D5IU's dividend payments have been volatile in the past 10 years.
Growing Dividend: D5IU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.1%), D5IU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Lippo Malls Indonesia Retail Trust's salary, the management and board of directors tenure and is there insider trading?
0.8yrs
Average management tenure
CEO
James Liew 0
0.5yrs
Tenure
Mr. Chee Seng Liew, also known as James, serves as Chief Executive Officer at Lippo Malls Indonesia Retail Trust since May 2019. He was Deputy Chief Executive Officer of LMIRT Management Ltd, manager of Li ...
Management Age and Tenure
0.8yrs
Average Tenure
Experienced Management: D5IU's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Age and Tenure
5.2yrs
Average Tenure
68yo
Average Age
Experienced Board: D5IU's board of directors are considered experienced (5.2 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 157,296,347 |
| Max Price | S$0.21 |
| Entity | Company |
| Shares | 157,296,347 |
| Max Price | S$0.21 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Gouw Viven Sitiabudi (63yo)
Executive Director
- Tenure: 1.1yrs
Han Wong (44yo)
Chief Financial Officer - LMIRT Management Ltd
- Tenure: 2.3yrs
Ella Jia
Financial Controller of LMIRT Management Ltd
- Tenure: 0.8yrs
Christina Lee
Director of Legal & Compliance - LMIRT Management Ltd
- Tenure: 1.8yrs
Shao Heng
Director of Asset Management & Business Development - LMIRT Management Ltd
- Tenure: 1.8yrs
James Liew
Chief Executive Officer
- Tenure: 0.5yrs
Lay Hong Tan
Company Secretary of LMIRT Management Ltd.
- Tenure: 0.3yrs
Board Members
Phillip Lee (77yo)
Independent Director - LMIRT Management Ltd
- Tenure: 8.3yrs
- Compensation: S$85.00k
Ketut Wijaya (63yo)
Chairman of the Board - LMIRT Management Ltd
- Tenure: 2.2yrs
- Compensation: S$125.64k
Gouw Viven Sitiabudi (63yo)
Executive Director
- Tenure: 1.1yrs
Tiam Lock Goh (73yo)
Independent Director - LMIRT Management Ltd
- Tenure: 8.2yrs
- Compensation: S$75.50k
Murray Bell
Lead Independent Director of LMIRT Management Ltd.
- Tenure: 0yrs
Company Information
Lippo Malls Indonesia Retail Trust's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Lippo Malls Indonesia Retail Trust
- Ticker: D5IU
- Exchange: SGX
- Founded: 2007
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: S$709.251m
- Shares outstanding: 2.89b
- Website: https://www.lmir-trust.com
Location
- Lippo Malls Indonesia Retail Trust
- 50 Collyer Quay
- No 06-07 OUE Bayfront
- Singapore
- 49321
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| D5IU | SGX (Singapore Exchange) | Yes | Units | SG | SGD | Nov 2007 |
| 3HJ | DB (Deutsche Boerse AG) | Yes | Units | DE | EUR | Nov 2007 |
| LPMD.F | OTCPK (Pink Sheets LLC) | Yes | Units | US | USD | Nov 2007 |
Biography
LMIR Trust is a Singapore-based real estate investment trust established with the principal investment objective of owning and investing, on a long-term basis, in a diversified portfolio of income-producin ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/13 12:53 |
| End of Day Share Price | 2019/11/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.