Loading...
XSESBTOU
Market cap159mUSD
Dec 23, Last price  
0.09USD
1D
0.00%
1Q
-29.13%
Jan 2017
-88.04%
IPO
-87.51%
Name

Manulife US Real Estate Investment Trust

Chart & Performance

D1W1MN
XSES:BTOU chart
P/E
—
P/S
0.77
EPS
—
Div Yield, %
23.78%
Shrs. gr., 5y
8.61%
Rev. gr., 5y
7.55%
Revenues
208m
+2.70%
69,845,00070,048,00070,945,00047,510,00092,040,000144,554,000177,853,000194,312,000185,099,000202,559,000208,025,000
Net income
-380m
L+192.91%
22,859,00024,006,00025,971,00051,674,00057,964,00064,520,00047,565,000-43,284,00039,413,000-129,721,000-379,963,000
CFO
77m
-16.49%
036,660,00031,848,00011,036,00043,752,00062,627,00086,165,00082,044,00090,626,00091,988,00076,821,000
Dividend
Feb 16, 20230.0214 USD/sh
Earnings
Feb 06, 2025

Profile

Manulife US Real Estate Investment Trust (“Manulife US REIT”) is the first pure-play U.S. office REIT listed in Asia. It is a Singapore listed REIT established with the investment strategy principally to invest, directly or indirectly, in a portfolio of income-producing office real estate in key markets in the United States (“U.S.”), as well as real estate-related assets. Manulife US REIT's portfolio comprises nine prime, freehold and Trophy or Class A quality office properties strategically located in California, Atlanta, New Jersey and Washington D.C. Metro Area. The current portfolio valued at US$2.1 billion, has an aggregate Net Lettable Area of 4.7 million sq ft and an occupancy rate of 95.8% as at 31 December 2019.
URL
https://www.manulifeusreit.sg/
IPO date
May 20, 2016
Employees
18
Domiciled in
SG
Incorporated in
SG

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
208,025
2.70%
202,559
9.43%
185,099
-4.74%
Cost of revenue
102,280
99,233
85,055
Unusual Expense (Income)
NOPBT
105,745
103,326
100,044
NOPBT Margin
50.83%
51.01%
54.05%
Operating Taxes
(17,026)
(18,116)
1,145
Tax Rate
1.14%
NOPAT
122,771
121,442
98,899
Net income
(379,963)
192.91%
(129,721)
-429.13%
39,413
-191.06%
Dividends
(38,019)
(88,618)
(83,973)
Dividend yield
26.75%
16.72%
7.82%
Proceeds from repurchase of equity
3,629
99,876
BB yield
-2.55%
-9.30%
Debt
Debt current
35,169
144,635
296,643
Long-term debt
871,347
884,350
674,650
Deferred revenue
4,728
2,369
2,898
Other long-term liabilities
3,950
5,340
9,442
Net debt
746,105
868,467
887,059
Cash flow
Cash from operating activities
76,821
91,988
90,626
CAPEX
(25,414)
(29,981)
Cash from investing activities
86,583
(25,368)
(230,926)
Cash from financing activities
(171,573)
(32,369)
132,217
FCF
657,971
291,824
(50,660)
Balance
Cash
129,729
112,863
78,581
Long term investments
30,682
47,655
5,653
Excess cash
150,010
150,390
74,979
Stockholders' equity
608,635
1,936,252
2,081,253
Invested Capital
1,388,530
1,904,490
2,094,113
ROIC
7.46%
6.07%
4.89%
ROCE
6.87%
4.98%
4.53%
EV
Common stock shares outstanding
1,776,726
1,767,087
1,603,032
Price
0.08
-73.33%
0.30
-55.22%
0.67
-10.07%
Market cap
142,138
-73.19%
530,126
-50.64%
1,074,031
-8.51%
EV
888,243
2,314,529
2,854,627
EBITDA
114,091
107,676
101,976
EV/EBITDA
7.79
21.50
27.99
Interest
43,277
31,728
26,890
Interest/NOPBT
40.93%
30.71%
26.88%