O5RU

AIMS APAC REITSGX:O5RU Stock Report

Market Cap

S$990.4m

7D

-1.4%

1Y

17.6%

Updated

19 Sep, 2021

Data

Company Financials +
O5RU fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance1/6
Financial Health1/6
Dividends5/6

O5RU Overview

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.

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 not significantly more volatile than the rest 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

-1.4%

O5RU

-0.6%

SG REITs

-1.0%

SG Market


1 Year Return

17.6%

O5RU

-0.2%

SG REITs

19.2%

SG Market

Return vs Industry: O5RU exceeded the SG REITs industry which returned -0.2% over the past year.

Return vs Market: O5RU underperformed the SG Market which returned 19.2% over the past year.


Shareholder returns

O5RUIndustryMarket
7 Day-1.4%-0.6%-1.0%
30 Day-7.3%-0.5%-0.7%
90 Day-1.4%0.6%-2.5%
1 Year25.9%17.6%5.4%-0.2%23.7%19.2%
3 Year21.7%-1.4%25.6%5.8%4.8%-8.3%
5 Year43.1%-0.4%44.7%7.5%21.9%-0.8%

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

AIMS APAC REIT Fundamentals Summary

How do AIMS APAC REIT's earnings and revenue compare to its market cap?
O5RU fundamental statistics
Market CapS$990.41m
Earnings (TTM)S$53.82m
Revenue (TTM)S$127.21m

18.4x

P/E Ratio

7.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
O5RU income statement (TTM)
RevenueS$127.21m
Cost of RevenueS$43.85m
Gross ProfitS$83.36m
ExpensesS$29.54m
EarningsS$53.82m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.076
Gross Margin65.53%
Net Profit Margin42.31%
Debt/Equity Ratio55.7%

How did O5RU perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

84%

Payout Ratio

Valuation

Is AIMS APAC REIT undervalued compared to its fair value and its price relative to the market?

44.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: O5RU (SGD1.4) is trading below our estimate of fair value (SGD2.53)

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


Price To Earnings Ratio

PE vs Industry: O5RU is good value based on its PE Ratio (18.4x) compared to the SG REITs industry average (20.8x).

PE vs Market: O5RU is poor value based on its PE Ratio (18.4x) compared to the SG market (13.5x).


Price to Earnings Growth Ratio

PEG Ratio: O5RU is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: O5RU is overvalued based on its PB Ratio (1x) compared to the SG REITs industry average (0.9x).


Future Growth

How is AIMS APAC REIT forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

9.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: O5RU's forecast earnings growth (9.5% per year) is above the savings rate (1.9%).

Earnings vs Market: O5RU's earnings (9.5% per year) are forecast to grow slower than the SG market (15.1% per year).

High Growth Earnings: O5RU's earnings are forecast to grow, but not significantly.

Revenue vs Market: O5RU's revenue (3.3% per year) is forecast to grow slower than the SG market (7% per year).

High Growth Revenue: O5RU's revenue (3.3% 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 (7.5%).


Past Performance

How has AIMS APAC REIT performed over the past 5 years?

16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: O5RU has a large one-off loss of SGD32.0M impacting its June 30 2021 financial results.

Growing Profit Margin: O5RU's current net profit margins (42.3%) are lower than last year (69.7%).


Past Earnings Growth Analysis

Earnings Trend: O5RU's earnings have grown by 16.6% 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 (-33.2%) over the past year, making it difficult to compare to the REITs industry average (-10.1%).


Return on Equity

High ROE: O5RU's Return on Equity (5.5%) is considered low.


Financial Health

How is AIMS APAC REIT's financial position?


Financial Position Analysis

Short Term Liabilities: O5RU's short term assets (SGD18.6M) do not cover its short term liabilities (SGD169.6M).

Long Term Liabilities: O5RU's short term assets (SGD18.6M) do not cover its long term liabilities (SGD593.2M).


Debt to Equity History and Analysis

Debt Level: O5RU's debt to equity ratio (55.7%) is considered high.

Reducing Debt: O5RU's debt to equity ratio has increased from 51.8% to 55.7% over the past 5 years.

Debt Coverage: O5RU's debt is not well covered by operating cash flow (13.2%).

Interest Coverage: O5RU's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


Dividend

What is AIMS APAC REIT current dividend yield, its reliability and sustainability?

6.39%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: O5RU's dividend (6.39%) is higher than the bottom 25% of dividend payers in the SG market (1.96%).

High Dividend: O5RU's dividend (6.39%) is in the top 25% of dividend payers in the SG market (5.33%)


Stability and Growth of Payments

Stable Dividend: O5RU's dividends per share have been stable in the past 10 years.

Growing Dividend: O5RU's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (83.7%), O5RU's 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 (96.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure


CEO

Wee Lih Koh (48 yo)

7.67yrs

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

Experienced Management: O5RU's management team is seasoned and experienced (6 years average tenure).


Board Members

Experienced Board: O5RU's board of directors are considered experienced (4.5 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$990.409m
  • Shares outstanding: 707.44m
  • Website: https://www.aimsapacreit.com

Number of Employees


Location

  • AIMS APAC REIT
  • No. 23-03, One George Street
  • Singapore
  • 49145
  • Singapore

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 11:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.