AIMS APAC REIT
Market Cap
S$911.6m
Last Updated
2021/03/04 11:02 UTC
Data Sources
Company Financials +
Executive Summary
Managed by the Manager, AA REIT was established with the principal investment objective of owning and investing in a diversified portfolio of income-producing industrial, logistics and business park real estate, located throughout the Asia Pacific region. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer and slightly overvalued.
Share Price & News
How has AIMS APAC REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: O5RU is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: O5RU's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-0.8%
O5RU
0.5%
SG REITs
1.1%
SG Market
1 Year Return
-8.5%
O5RU
-12.3%
SG REITs
-4.0%
SG Market
Return vs Industry: O5RU exceeded the SG REITs industry which returned -12.3% over the past year.
Return vs Market: O5RU underperformed the SG Market which returned -4% over the past year.
Shareholder returns
| O5RU | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | 0.5% | 1.1% |
| 30 Day | -1.5% | -3.3% | 1.9% |
| 90 Day | 8.3% | 1.3% | 6.1% |
| 1 Year | -2.2%-8.5% | -7.8%-12.3% | 1.0%-4.0% |
| 3 Year | 18.1%-4.4% | 18.4%-1.3% | -7.1%-18.5% |
| 5 Year | 39.0%-3.7% | 46.5%8.2% | 17.0%-4.4% |
Long-Term Price Volatility Vs. Market
How volatile is AIMS APAC REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In AIMS APAC REIT's (SGX:O5RU) Shares?2 months ago | Simply Wall St
AIMS APAC REIT (SGX:O5RU) On An Uptrend: Could Fundamentals Be Driving The Stock?4 months ago | Simply Wall St
Would Shareholders Who Purchased AIMS APAC REIT's (SGX:O5RU) Stock Three Years Be Happy With The Share price Today?Valuation
Is AIMS APAC REIT undervalued compared to its fair value and its price relative to the market?
43.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: O5RU (SGD1.3) is trading below our estimate of fair value (SGD2.3)
Significantly Below Fair Value: O5RU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: O5RU is poor value based on its PE Ratio (35.2x) compared to the SG REITs industry average (21.8x).
PE vs Market: O5RU is poor value based on its PE Ratio (35.2x) compared to the SG market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: O5RU is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: O5RU's PB Ratio (1x) is in line with the SG REITs industry average.
Next Steps
Future Growth
How is AIMS APAC REIT forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
15.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: O5RU's forecast earnings growth (15.2% per year) is above the savings rate (2%).
Earnings vs Market: O5RU's earnings (15.2% per year) are forecast to grow slower than the SG market (25.7% per year).
High Growth Earnings: O5RU's earnings are forecast to grow, but not significantly.
Revenue vs Market: O5RU's revenue (5.1% per year) is forecast to grow slower than the SG market (9.1% per year).
High Growth Revenue: O5RU's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: O5RU's Return on Equity is forecast to be low in 3 years time (6.7%).
Next Steps
Past Performance
How has AIMS APAC REIT performed over the past 5 years?
14.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: O5RU has a large one-off loss of SGD31.9M impacting its December 31 2020 financial results.
Growing Profit Margin: O5RU's current net profit margins (22%) are lower than last year (65.5%).
Past Earnings Growth Analysis
Earnings Trend: O5RU's earnings have grown by 14.6% per year over the past 5 years.
Accelerating Growth: O5RU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: O5RU had negative earnings growth (-67%) over the past year, making it difficult to compare to the REITs industry average (-29.3%).
Return on Equity
High ROE: O5RU's Return on Equity (2.7%) is considered low.
Next Steps
Financial Health
How is AIMS APAC REIT's financial position?
Financial Position Analysis
Short Term Liabilities: O5RU's short term assets (SGD19.2M) do not cover its short term liabilities (SGD71.8M).
Long Term Liabilities: O5RU's short term assets (SGD19.2M) do not cover its long term liabilities (SGD682.0M).
Debt to Equity History and Analysis
Debt Level: O5RU's debt to equity ratio (55.6%) is considered high.
Reducing Debt: O5RU's debt to equity ratio has increased from 48% to 55.6% over the past 5 years.
Debt Coverage: O5RU's debt is not well covered by operating cash flow (13%).
Interest Coverage: O5RU's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
Next Steps
Dividend
What is AIMS APAC REIT current dividend yield, its reliability and sustainability?
7.31%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: O5RU's dividend (7.31%) is higher than the bottom 25% of dividend payers in the SG market (1.98%).
High Dividend: O5RU's dividend (7.31%) is in the top 25% of dividend payers in the SG market (4.79%)
Stability and Growth of Payments
Stable Dividend: O5RU's dividend payments have been volatile in the past 10 years.
Growing Dividend: O5RU's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.9%), O5RU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: O5RU's dividends in 3 years are forecast to be covered by earnings (98.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.2yrs
Average management tenure
CEO
Wee Lih Koh (47 yo)
7.17yrs
Tenure
Mr. Wee Lih Koh, MBA, MSc, BSc, has been the Chief Executive Officer and Executive Director of AIMS APAC REIT Management Limited (formerly known as AIMS AMP Capital Industrial REIT Management Limited) the ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director of AIMS APAC REIT Management Limited | 7.17yrs | no data | no data | |
| Head of Finance & Company Secretary of AIMS APAC REIT Management Limited | 3.83yrs | no data | no data | |
| Head of Investment & Investor Relations of AIMS APAC REIT Management Limited | no data | no data | no data | |
| Head of Asset Management of AIMS APAC REIT Management Limited | no data | no data | no data | |
| Head of Development & Facility Management of AIMS APAC REIT Management Limited | no data | no data | no data | |
| Assistant Fund Manager | 9.42yrs | no data | no data |
7.2yrs
Average Tenure
Experienced Management: O5RU's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director of AIMS APAC REIT Management Limited | 7.17yrs | no data | no data | |
| Non-Executive Lead Independent Director of AIMS APAC REIT Management Limited | 2yrs | S$70.00k | no data | |
| Non Executive Independent Director of AIMS APAC REIT Management Limited | 2.42yrs | S$72.50k | no data | |
| Non-Executive Non-Independent Chairman of AIMS APAC REIT Management Limited | 7.17yrs | no data | no data | |
| Non-Executive Independent Director of AIMS APAC REIT Management Limited | 4yrs | S$65.00k | no data |
4.0yrs
Average Tenure
61.5yo
Average Age
Experienced Board: O5RU's board of directors are considered experienced (4 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
AIMS APAC REIT's company bio, employee growth, exchange listings and data sources
Key Information
- Name: AIMS APAC REIT
- Ticker: O5RU
- Exchange: SGX
- Founded: 2006
- Industry: Industrial REITs
- Sector: Real Estate
- Market Cap: S$911.595m
- Shares outstanding: 706.66m
- Website: https://www.aimsapacreit.com
Number of Employees
Location
- AIMS APAC REIT
- No. 23-03, One George Street
- Singapore
- 49145
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| O5RU | SGX (Singapore Exchange) | Yes | Trust Units | SG | SGD | Apr 2007 |
Biography
Managed by the Manager, AA REIT was established with the principal investment objective of owning and investing in a diversified portfolio of income-producing industrial, logistics and business park real e...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 11:02 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.