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."). More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Prime US REIT Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.18 |
| 52 Week High | US$0.21 |
| 52 Week Low | US$0.084 |
| Beta | 1.63 |
| 1 Month Change | 5.26% |
| 3 Month Change | 2.27% |
| 1 Year Change | 21.47% |
| 3 Year Change | -75.56% |
| 5 Year Change | -80.59% |
| Change since IPO | -77.50% |
Recent News & Updates
Shareholder Returns
| OXMU | SG Office REITs | SG Market | |
|---|---|---|---|
| 7D | -3.2% | -2.1% | 1.1% |
| 1Y | 21.5% | -6.5% | 15.4% |
Return vs Industry: OXMU exceeded the SG Office REITs industry which returned -4.5% over the past year.
Return vs Market: OXMU exceeded the SG Market which returned 15.1% over the past year.
Price Volatility
| OXMU volatility | |
|---|---|
| OXMU Average Weekly Movement | 7.0% |
| Office REITs Industry Average Movement | 5.8% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in SG Market | 12.4% |
| 10% least volatile stocks in SG Market | 1.9% |
Stable Share Price: OXMU has not had significant price volatility in the past 3 months compared to the SG market.
Volatility Over Time: OXMU's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2018 | n/a | Rahul Rana | www.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
| OXMU fundamental statistics | |
|---|---|
| Market cap | US$235.49m |
| Earnings (TTM) | -US$130.10m |
| Revenue (TTM) | US$153.82m |
1.5x
P/S Ratio-1.8x
P/E RatioIs OXMU overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OXMU income statement (TTM) | |
|---|---|
| Revenue | US$153.82m |
| Cost of Revenue | US$72.64m |
| Gross Profit | US$81.18m |
| Other Expenses | US$211.28m |
| Earnings | -US$130.10m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.099 |
| Gross Margin | 52.77% |
| Net Profit Margin | -84.58% |
| Debt/Equity Ratio | 99.8% |
How did OXMU perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield40%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 00:57 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Prime US REIT is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Donald Chua | BofA Global Research |
| Nicholas Teh | Credit Suisse |
| Derek Tan | DBS Bank Ltd |