XSESJYEU
Market cap956mUSD
Dec 20, Last price
0.54SGD
1D
-1.83%
1Q
-10.83%
IPO
-41.02%
Name
Lendlease Global Commercial REIT
Chart & Performance
P/E
16.79
P/S
5.87
EPS
0.03
Div Yield, %
7.22%
Shrs. gr., 5y
—
Rev. gr., 5y
37.40%
Revenues
221m
+7.77%
Net income
77m
-22.49%
CFO
129m
+6.70%
Dividend
Aug 13, 20240.0177 SGD/sh
Profile
Listed on 2 October 2019, Lendlease Global Commercial REIT (LREIT) is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes. Its initial portfolio comprises a leasehold interest in, 313@somerset, a retail property located in Singapore and a freehold interest in Sky Complex, which comprises three office buildings located in Milan. The portfolio has a total net lettable area of approximately 1.3 million square feet, with an appraised value of S$1.4 billion as at 30 June 2020. LREIT is managed by Lendlease Global Commercial Trust Management Pte. Ltd., an indirect wholly-owned subsidiary of Lendlease. Its key objectives are to provide Unitholders with regular and stable distributions, achieve long-term growth in distribution per unit and net asset value per unit, and maintain an appropriate capital structure.
IPO date
Oct 02, 2019
Employees
55
Domiciled in
SG
Incorporated in
SG
Valuation
Title SGD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2024‑06 | 2023‑06 | 2022‑06 | 2021‑06 | 2020‑06 | |
| Income | |||||
Revenues | 221,497 7.77% | 205,523 102.16% | 101,662 30.04% | ||
Cost of revenue | 77,387 | 89,274 | 42,026 | ||
Unusual Expense (Income) | |||||
NOPBT | 144,110 | 116,249 | 59,636 | ||
NOPBT Margin | 65.06% | 56.56% | 58.66% | ||
Operating Taxes | 17,496 | 10,753 | |||
Tax Rate | 15.05% | 18.03% | |||
NOPAT | 144,110 | 98,753 | 48,883 | ||
Net income | 77,183 -22.49% | 99,572 -29.84% | 141,929 -7,427.26% | ||
Dividends | (112,496) | (67,926) | (69,728) | ||
Dividend yield | |||||
Proceeds from repurchase of equity | (167) | (692) | 1,912,860 | ||
BB yield | |||||
| Debt | |||||
Debt current | 357,912 | 433,849 | 297,988 | ||
Long-term debt | 1,182,370 | 1,481,270 | 1,156,122 | ||
Deferred revenue | 8,930 | 8,924 | |||
Other long-term liabilities | 23,975 | (376,404) | 15,146 | ||
Net debt | 1,415,541 | 1,752,543 | 1,377,974 | ||
| Cash flow | |||||
Cash from operating activities | 128,807 | 120,721 | 95,227 | ||
CAPEX | (162) | (4,479) | |||
Cash from investing activities | 475 | (93,360) | (1,847,247) | ||
Cash from financing activities | (149,262) | (22,208) | 1,553,427 | ||
FCF | 116,204 | 48,165 | (2,125,176) | ||
| Balance | |||||
Cash | 34,124 | 54,224 | 49,230 | ||
Long term investments | 90,617 | 108,352 | 26,906 | ||
Excess cash | 113,666 | 152,300 | 71,053 | ||
Stockholders' equity | 2,212,303 | 1,831,333 | 2,178,693 | ||
Invested Capital | 3,660,738 | 4,071,850 | 3,583,715 | ||
ROIC | 3.73% | 2.58% | 1.95% | ||
ROCE | 3.82% | 3.09% | 1.64% | ||
| EV | |||||
Common stock shares outstanding | 2,348,940 | 2,293,129 | 1,428,170 | ||
Price | |||||
Market cap | |||||
EV | |||||
EBITDA | 145,258 | 116,283 | 59,636 | ||
EV/EBITDA | |||||
Interest | 55,890 | 51,358 | 8,712 | ||
Interest/NOPBT | 38.78% | 44.18% | 14.61% | ||