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Prime US REIT SGX:OXMU Stock Report

Last Price

US$0.11

Market Cap

US$146.5m

7D

-7.4%

1Y

-51.7%

Updated

01 May, 2024

Data

Company Financials +

OXMU Stock Overview

Listed on 19 July 2019 on the Main Board of the Singapore Exchange, Prime US REIT (“PRIME”) is a well-diversified real estate investment trust ("REIT") focused on stabilised income-producing office assets in the United States ("U.S.").

OXMU fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health0/6
Dividends4/6

Prime US REIT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Prime US REIT
Historical stock prices
Current Share PriceUS$0.11
52 Week HighUS$0.24
52 Week LowUS$0.079
Beta1.52
1 Month Change-18.25%
3 Month Change-22.52%
1 Year Change-51.69%
3 Year Change-85.51%
5 Year Changen/a
Change since IPO-86.00%

Recent News & Updates

Recent updates

Earnings Miss: Prime US REIT Missed EPS And Analysts Are Revising Their Forecasts

Feb 13
Earnings Miss: Prime US REIT Missed EPS And Analysts Are Revising Their Forecasts

Shareholder Returns

OXMUSG Office REITsSG Market
7D-7.4%1.7%0.5%
1Y-51.7%-19.8%-3.9%

Return vs Industry: OXMU underperformed the SG Office REITs industry which returned -19.8% over the past year.

Return vs Market: OXMU underperformed the SG Market which returned -3.9% over the past year.

Price Volatility

Is OXMU's price volatile compared to industry and market?
OXMU volatility
OXMU Average Weekly Movement15.2%
Office REITs Industry Average Movement7.3%
Market Average Movement5.0%
10% most volatile stocks in SG Market15.5%
10% least volatile stocks in SG Market2.2%

Stable Share Price: OXMU's share price has been volatile over the past 3 months.

Volatility Over Time: OXMU's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of SG stocks.

About the Company

FoundedEmployeesCEOWebsite
2018n/aRahul Ranawww.primeusreit.com

Listed on 19 July 2019 on the Main Board of the Singapore Exchange, Prime US REIT (“PRIME”) is a well-diversified real estate investment trust ("REIT") focused on stabilised income-producing office assets in the United States ("U.S."). With the objectives to achieve long-term growth in distributions per unit and net asset value per unit while maintaining a robust capital structure, PRIME offers investors unique exposure to a high-quality portfolio of 14 Class A freehold office properties which are strategically located in 13 key U.S. office markets. PRIME's portfolio has a total carrying value of US$1.41 billion as at 31 December 2023.

Prime US REIT Fundamentals Summary

How do Prime US REIT's earnings and revenue compare to its market cap?
OXMU fundamental statistics
Market capUS$146.53m
Earnings (TTM)-US$115.84m
Revenue (TTM)US$159.80m

0.9x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OXMU income statement (TTM)
RevenueUS$159.80m
Cost of RevenueUS$72.67m
Gross ProfitUS$87.13m
Other ExpensesUS$202.97m
Earnings-US$115.84m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.089
Gross Margin54.53%
Net Profit Margin-72.49%
Debt/Equity Ratio97.6%

How did OXMU perform over the long term?

See historical performance and comparison

Dividends

22.0%

Current Dividend Yield

75%

Payout Ratio
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