AIMS APAC REIT (SGX:O5RU) Stock Valuation, Peer Comparison & Price Targets

Share Price vs Fair Value

What is the Fair Price of O5RU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: O5RU (SGD1.24) is trading below our estimate of fair value (SGD1.77)

Significantly Below Fair Value: O5RU is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for O5RU?

Key metric: As O5RU is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for O5RU. This is calculated by dividing O5RU's market cap by their current earnings.
What is O5RU's PE Ratio?
PE Ratio	22.8x
Earnings	S$44.14m
Market Cap	S$1.01b

O5RU key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	9.8x
Enterprise Value/EBITDA	15.2x
PEG Ratio	1.1x

Price to Earnings Ratio vs Peers

How does O5RU's PE Ratio compare to its peers?

The above table shows the PE ratio for O5RU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	15.1x
M1GU Sabana Industrial Real Estate Investment Trust	21.1x	n/a	S$405.0m
DHLU Daiwa House Logistics Trust	9.7x	-10.5%	S$401.3m
BUOU Frasers Logistics & Commercial Trust	23.8x	11.7%	S$3.5b
BWCU EC World Real Estate Investment Trust	6x	n/a	S$226.8m
O5RU AIMS APAC REIT	22.8x	21.1%	S$1.0b

Price-To-Earnings vs Peers: O5RU is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does O5RU's PE Ratio compare vs other companies in the Asian Industrial REITs Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: O5RU is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the Asian Industrial REITs industry average (20.9x).

Price to Earnings Ratio vs Fair Ratio

What is O5RU'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.

O5RU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	22.8x
Fair PE Ratio	21.3x

Price-To-Earnings vs Fair Ratio: O5RU is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the estimated Fair Price-To-Earnings Ratio (21.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst O5RU forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	S$1.24	S$1.47 +18.3%	4.5%	S$1.55	S$1.39	n/a	3
Nov ’25	S$1.27	S$1.47 +15.5%	4.5%	S$1.55	S$1.39	n/a	3
Oct ’25	S$1.33	S$1.47 +10.3%	4.5%	S$1.55	S$1.39	n/a	3
Sep ’25	S$1.30	S$1.47 +12.8%	4.5%	S$1.55	S$1.39	n/a	3
Aug ’25	S$1.31	S$1.47 +12.0%	4.5%	S$1.55	S$1.39	n/a	3
Jul ’25	S$1.25	S$1.47 +17.3%	4.5%	S$1.55	S$1.39	n/a	3
Jun ’25	S$1.28	S$1.47 +14.6%	4.5%	S$1.55	S$1.39	n/a	3
May ’25	S$1.26	S$1.49 +18.3%	5.8%	S$1.60	S$1.39	n/a	3
Apr ’25	S$1.29	S$1.49 +15.5%	5.8%	S$1.60	S$1.39	n/a	3
Mar ’25	S$1.25	S$1.49 +19.2%	5.8%	S$1.60	S$1.39	n/a	3
Feb ’25	S$1.29	S$1.49 +15.5%	5.8%	S$1.60	S$1.39	n/a	3
Jan ’25	S$1.30	S$1.48 +13.6%	6.6%	S$1.60	S$1.36	n/a	3
Dec ’24	S$1.27	S$1.48 +16.3%	6.6%	S$1.60	S$1.36	n/a	3
Nov ’24	S$1.22	S$1.48 +21.0%	6.6%	S$1.60	S$1.36	S$1.27	3
Oct ’24	S$1.30	S$1.48 +13.6%	6.6%	S$1.60	S$1.36	S$1.33	3
Sep ’24	S$1.26	S$1.48 +17.2%	6.6%	S$1.60	S$1.36	S$1.30	3
Aug ’24	S$1.24	S$1.50 +21.2%	6.9%	S$1.60	S$1.36	S$1.31	3
Jul ’24	S$1.24	S$1.50 +21.2%	6.9%	S$1.60	S$1.36	S$1.25	3
Jun ’24	S$1.22	S$1.55 +27.0%	2.6%	S$1.60	S$1.50	S$1.28	3
May ’24	S$1.37	S$1.49 +8.5%	4.4%	S$1.56	S$1.40	S$1.26	3
Apr ’24	S$1.32	S$1.49 +12.6%	4.4%	S$1.56	S$1.40	S$1.29	3
Mar ’24	S$1.36	S$1.49 +9.3%	4.4%	S$1.56	S$1.40	S$1.25	3
Feb ’24	S$1.38	S$1.45 +5.1%	3.4%	S$1.50	S$1.40	S$1.29	2
Jan ’24	S$1.24	S$1.53 +23.4%	8.5%	S$1.66	S$1.40	S$1.30	2
Dec ’23	S$1.22	S$1.57 +28.7%	7.7%	S$1.66	S$1.40	S$1.27	3
Nov ’23	S$1.24	S$1.57 +26.6%	7.7%	S$1.66	S$1.40	S$1.22	3

Analyst Forecast: Target price is less than 20% higher than the current share price.

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AIMS APAC REIT Valuation