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XASXURF
Market cap158mUSD
Dec 27, Last price  
0.36AUD
1D
0.00%
1Q
2.86%
IPO
-76.62%
Name

US Masters Residential Property Fund

Chart & Performance

D1W1MN
XASX:URF chart
P/E
—
P/S
5.89
EPS
—
Div Yield, %
3.14%
Shrs. gr., 5y
0.09%
Rev. gr., 5y
-0.41%
Revenues
43m
-5.79%
4,365,36710,681,88214,027,30736,985,33634,698,57237,051,27744,015,59752,677,09745,090,51239,573,58745,782,46243,131,259
Net income
-19m
L
-1,497,8818,180,165-3,889,59863,986-45,127,626-13,525,263-40,608,916-154,512,952-95,519,72421,140,0216,910,070-18,966,354
CFO
-5m
L+0.53%
-3,926,063-6,994,040-5,667,770-30,611,345-43,235,674-42,851,347-32,451,6534,118,836-8,044,404-8,888,691-4,944,100-4,970,156
Dividend
Mar 08, 20240.01 AUD/sh
Earnings
Feb 26, 2025

Profile

US Masters Residential Property Fund (Fund) was established in 2011 and is listed on the Australian Securities Exchange (URF.ASX). The Fund was established to give investors exposure to US residential property and is the largest Australian-listed property trust with a primary strategy of investing in freestanding and multi-tenant US residential property in the New York metropolitan area. The Fund is focused on seeking to achieve long-term returns through a combination of income from rental yields along with potential long-term capital growth. Since 2011, the Fund's portfolio has grown to 982 housing units across 551 freestanding properties, with a gross asset value of approximately $1.2 billion (as at 30 June 2020). The Fund conducts all its New York metropolitan area residential investment through its controlled entity US Masters Residential Property (USA) Fund, a Maryland Real Estate Investment Trust (US REIT). A dedicated team of highly-skilled professionals based in New York manages every aspect of the real estate investment process – from acquiring the properties and rehabilitating the assets, to leasing the homes and ongoing tenant management.
URL
https://www.usmastersresidential.com.au/
IPO date
Jul 23, 2012
Employees
Domiciled in
AU
Incorporated in
AU

Valuation

Title
AUD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
43,131
-5.79%
45,782
15.69%
39,574
-12.24%
Cost of revenue
19,356
20,683
17,962
Unusual Expense (Income)
NOPBT
23,776
25,100
21,612
NOPBT Margin
55.12%
54.82%
54.61%
Operating Taxes
(123)
8,018
(8,914)
Tax Rate
31.94%
NOPAT
23,899
17,082
30,526
Net income
(18,966)
-374.47%
6,910
-67.31%
21,140
-122.13%
Dividends
(7,984)
(9,193)
(9,973)
Dividend yield
3.75%
4.49%
4.27%
Proceeds from repurchase of equity
(13,265)
(19,036)
BB yield
6.23%
9.31%
Debt
Debt current
1,406
1,379
1,219
Long-term debt
460,369
503,638
481,735
Deferred revenue
(60,931)
(47,595)
Other long-term liabilities
10,706
13,803
10,416
Net debt
417,020
447,799
408,344
Cash flow
Cash from operating activities
(4,970)
(4,944)
(8,889)
CAPEX
Cash from investing activities
67,315
27,594
116,119
Cash from financing activities
(68,960)
(39,281)
(127,990)
FCF
(76,695)
18,650
29,116
Balance
Cash
43,537
55,032
57,510
Long term investments
1,217
2,186
17,099
Excess cash
42,597
54,929
72,631
Stockholders' equity
421,242
455,416
444,799
Invested Capital
842,992
907,655
855,132
ROIC
2.73%
1.94%
3.51%
ROCE
2.55%
2.49%
2.24%
EV
Common stock shares outstanding
733,767
730,462
730,462
Price
0.29
3.57%
0.28
-12.50%
0.32
33.33%
Market cap
212,792
4.04%
204,529
-12.50%
233,748
33.33%
EV
631,727
838,626
836,915
EBITDA
23,975
25,479
21,856
EV/EBITDA
26.35
32.91
38.29
Interest
21,887
21,544
24,557
Interest/NOPBT
92.06%
85.83%
113.63%