Ascendas Hospitality Trust (A-HTRUST) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in July 2012 as a stapled group comprising Ascendas Hospitality Real Estate Investment Trust (A-HREIT) and Ascendas Hospitality Business Trust (A-HBT).
Proven track record and fair value.
Share Price & News
How has Ascendas Hospitality Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Q1P has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Q1P exceeded the SG REITs industry which returned 16.1% over the past year.
Return vs Market: Q1P exceeded the SG Market which returned 2.1% over the past year.
Price Volatility Vs. Market
How volatile is Ascendas Hospitality Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StAscendas Hospitality Trust (SGX:Q1P) Takes On Some Risk With Its Use Of Debt
7 months ago | Simply Wall StZooming in on SGX:Q1P's 6.6% Dividend Yield
8 months ago | Simply Wall StDo Insiders Own Shares In Ascendas Hospitality Trust (SGX:Q1P)?
Is Ascendas Hospitality Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: Q1P (SGD1.12) is trading below our estimate of fair value (SGD1.99)
Significantly Below Fair Value: Q1P is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: Q1P is good value based on its PE Ratio (14.6x) compared to the REITs industry average (15.3x).
PE vs Market: Q1P is poor value based on its PE Ratio (14.6x) compared to the SG market (13.5x).
Price to Earnings Growth Ratio
PEG Ratio: Q1P's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: Q1P is overvalued based on its PB Ratio (1.1x) compared to the SG REITs industry average (1x).
How is Ascendas Hospitality Trust forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Q1P's earnings are forecast to decline over the next 3 years (-37% per year).
Earnings vs Market: Q1P's earnings are forecast to decline over the next 3 years (-37% per year).
High Growth Earnings: Q1P's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Q1P's revenue (2.4% per year) is forecast to grow slower than the SG market (5.6% per year).
High Growth Revenue: Q1P's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Q1P's Return on Equity is forecast to be low in 3 years time (2.7%).
How has Ascendas Hospitality Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: Q1P has a large one-off gain of SGD65.7M impacting its September 30 2019 financial results.
Growing Profit Margin: Q1P's current net profit margins (45.1%) are higher than last year (21.8%).
Past Earnings Growth Analysis
Earnings Trend: Q1P's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: Q1P's earnings growth over the past year (106.1%) exceeds its 5-year average (4.3% per year).
Earnings vs Industry: Q1P earnings growth over the past year (106.1%) exceeded the REITs industry 7.1%.
Return on Equity
High ROE: Q1P's Return on Equity (7.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Ascendas Hospitality Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: Q1P has a high level of physical assets or inventory.
Debt Coverage by Assets: Q1P's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: Q1P's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if Q1P has a sufficient allowance for bad loans.
Low Risk Liabilities: Q1P reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if Q1P has an acceptable proportion of non-loan assets held.
Low Risk Deposits: Q1P has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if Q1P has an appropriate level of bad loans.
What is Ascendas Hospitality Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Q1P's dividend (5.25%) is higher than the bottom 25% of dividend payers in the SG market (2.5%).
High Dividend: Q1P's dividend (5.25%) is low compared to the top 25% of dividend payers in the SG market (5.41%).
Stability and Growth of Payments
Stable Dividend: Q1P has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: Q1P's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (84%), Q1P's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Q1P's dividends in 3 years are not forecast to be well covered by earnings (214.7% payout ratio).
What is the CEO of Ascendas Hospitality Trust's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Juay Hiang Tan (55yo)
Juay Hiang Tan is Chief Executive Officer and Director of Ascendas Hospitality Trust. Prior to this, he was the Senior Vice- President of Real Estate Funds for Ascendas Pte. Ltd. From October 2007 to April ...
Management Age and Tenure
Experienced Management: Q1P's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Age and Tenure
Experienced Board: Q1P's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wei Seng Hon
Joint Company Secretary
Mary De Souza
Juay Hiang Tan (55yo)
CEO & Director
Tan Yoon Peng
Head of Investments
- Tenure: 3yrs
Chee Kum Tin
Senior Manager of Capital Markets & Investor Relations
Yeng Yeng Woo
Chief Financial Officer
- Tenure: 1.2yrs
Head of Australia Asset Management
- Tenure: 0.8yrs
Michael Issenberg (59yo)
- Tenure: 7.7yrs
- Compensation: S$54.13k
Miguel Ko (66yo)
Chairman of the Board
- Tenure: 3.5yrs
- Compensation: S$115.63k
Deborah Lee (62yo)
- Tenure: 2.3yrs
- Compensation: S$79.82k
Kim Huat Chia (52yo)
Lead Independent Director
- Tenure: 2yrs
- Compensation: S$97.20k
Willy Shee (70yo)
- Tenure: 2.3yrs
- Compensation: S$74.86k
Juay Hiang Tan (55yo)
CEO & Director
Patrick Lee (47yo)
- Tenure: 1.1yrs
- Compensation: S$18.93k
Manohar Ramesh Khiatani (59yo)
- Tenure: 6.6yrs
- Compensation: S$71.45k
Robert van Hecker
- Tenure: 1.3yrs
- Compensation: S$40.16k
Ascendas Hospitality Trust's company bio, employee growth, exchange listings and data sources
- Name: Ascendas Hospitality Trust
- Ticker: Q1P
- Exchange: SGX
- Founded: 2012
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Market Cap: S$1.275b
- Shares outstanding: 1.14b
- Website: https://www.a-htrust.com
Number of Employees
- Ascendas Hospitality Trust
- 1 Fusionopolis Place
- No. 10-10 Galaxis
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|Q1P||SGX (Singapore Exchange)||Yes||Stapled Units||SG||SGD||Jul 2012|
Ascendas Hospitality Trust (A-HTRUST) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in July 2012 as a stapled group comprising Ascendas Hospitality Real Estate Investment Trust (A-HREIT) and Ascendas Hospitality Business Trust (A-HBT). It was established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of income-producing real estate used predominantly for hospitality purposes, as well as real estate related assets in connection with the foregoing. A-HTRUST’s well-diversified portfolio is valued at approximately S$1.8 billion as at 31 March 2019. A-HTRUST’s portfolio comprises 14 quality hotels, with more than 4,700 rooms, geographically diversified across key cities in Australia, Japan, South Korea and Singapore. The hotels are located in close proximity to central business districts, business precincts, suburban centres, transportation nodes and iconic tourist landmarks. A-HTRUST is managed by Ascendas Hospitality Fund Management Pte. Ltd., the manager of A-HREIT, and Ascendas Hospitality Trust Management Pte. Ltd., the trustee-manager of A-HBT. The manager and trustee-manager are wholly owned subsidiaries of Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups. As of December 31, 2019, Ascendas Hospitality Trust operates as a subsidiary of Ascott Real Estate Investment Trust.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/03 12:52|
|End of Day Share Price||2019/12/16 00:00|
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.