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XSESOXMU
Market cap223mUSD
Dec 23, Last price  
0.17USD
1D
0.59%
1Q
-9.52%
IPO
-82.37%
Name

Prime US REIT

Chart & Performance

D1W1MN
XSES:OXMU chart
P/E
P/S
1.40
EPS
Div Yield, %
28.75%
Shrs. gr., 5y
9.21%
Rev. gr., 5y
7.87%
Revenues
160m
+3.49%
99,685,000101,327,000109,461,00060,697,000136,207,000144,735,000154,504,000159,894,000
Net income
-116m
L+330.35%
24,802,00031,078,00038,042,00033,704,00023,209,00068,188,000-26,917,000-115,837,000
CFO
86m
-3.98%
65,245,00039,018,00089,853,00095,687,00089,179,00085,627,000
Dividend
Aug 20, 20240.00177286 USD/sh
Earnings
Feb 19, 2025

Profile

Prime US REIT (“PRIME”) is a diversified Singapore real estate investment trust ("REIT") with a focus on stabilised income-producing office assets in the United States ("U.S."). PRIME offers investors a unique exposure to a high-quality portfolio of 12 prime and freehold office properties, strategically located in ten primary markets in the U.S., with a total appraised value of US$1.42 billion. With a geographically diversified portfolio of strategically-located prime office assets in key U.S. office markets, PRIME is well-positioned to achieve its key objectives to provide Unitholders with regular and stable distributions through long-term growth in distributions per unit and net asset value per unit growth while maintaining an appropriate capital structure.
IPO date
Jul 19, 2019
Employees
Domiciled in
SG
Incorporated in

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑12
Income
Revenues
159,894
3.49%
154,504
6.75%
144,735
6.26%
Cost of revenue
73,478
75,419
65,429
Unusual Expense (Income)
NOPBT
86,416
79,085
79,306
NOPBT Margin
54.05%
51.19%
54.79%
Operating Taxes
45
(13,890)
4,709
Tax Rate
0.05%
5.94%
NOPAT
86,371
92,975
74,597
Net income
(115,837)
330.35%
(26,917)
-139.47%
68,188
193.80%
Dividends
(64,317)
(76,852)
(69,441)
Dividend yield
18.67%
14.68%
6.80%
Proceeds from repurchase of equity
80,000
BB yield
-7.84%
Debt
Debt current
478,403
(6,777)
(9,329)
Long-term debt
218,143
665,572
628,973
Deferred revenue
6,777
9,033
Other long-term liabilities
4,238
3,945
3,428
Net debt
669,078
617,260
604,191
Cash flow
Cash from operating activities
85,627
89,179
95,687
CAPEX
(24,429)
(29,489)
(16,097)
Cash from investing activities
(24,338)
(30,105)
(260,360)
Cash from financing activities
(61,122)
(61,338)
141,142
FCF
1,600,564
200,484
(165,775)
Balance
Cash
11,756
11,581
13,873
Long term investments
15,712
29,954
1,580
Excess cash
19,473
33,810
8,216
Stockholders' equity
713,655
1,547,909
1,641,912
Invested Capital
1,394,966
1,524,625
1,609,388
ROIC
5.92%
5.93%
5.00%
ROCE
6.11%
5.10%
4.86%
EV
Common stock shares outstanding
1,435,347
1,292,784
1,222,782
Price
0.24
-40.74%
0.41
-51.50%
0.84
5.70%
Market cap
344,483
-34.21%
523,577
-48.72%
1,021,023
13.38%
EV
1,013,561
1,794,953
2,276,042
EBITDA
86,416
79,085
79,306
EV/EBITDA
11.73
22.70
28.70
Interest
26,248
19,454
15,121
Interest/NOPBT
30.37%
24.60%
19.07%