XSES
OXMU
Market cap179mUSD
May 30, Last price
0.14USD
1D
3.01%
1Q
-2.14%
IPO
-85.88%
Name
Prime US REIT
Chart & Performance
P/E
22.11
P/S
1.34
EPS
0.01
Div Yield, %
3.99%
Shrs. gr., 5y
5.18%
Rev. gr., 5y
16.88%
Revenues
132m
-17.21%
Net income
8m
P
CFO
72m
-15.69%
Dividend
Aug 20, 20240.00177286 USD/sh
Earnings
Aug 11, 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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | |||||||||
Revenues | 132,370 -17.21% | 159,894 3.49% | 154,504 6.75% | ||||||
Cost of revenue | 70,029 | 73,478 | 75,419 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 62,341 | 86,416 | 79,085 | ||||||
NOPBT Margin | 47.10% | 54.05% | 51.19% | ||||||
Operating Taxes | 121 | 45 | (13,890) | ||||||
Tax Rate | 0.19% | 0.05% | |||||||
NOPAT | 62,220 | 86,371 | 92,975 | ||||||
Net income | 8,049 -106.95% | (115,837) 330.35% | (26,917) -139.47% | ||||||
Dividends | (5,344) | (64,317) | (76,852) | ||||||
Dividend yield | 2.39% | 18.67% | 14.68% | ||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
| Debt | |||||||||
Debt current | 478,403 | (6,777) | |||||||
Long-term debt | 637,266 | 218,143 | 665,572 | ||||||
Deferred revenue | 6,777 | ||||||||
Other long-term liabilities | 4,955 | 4,238 | 3,945 | ||||||
Net debt | 609,781 | 669,078 | 617,260 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 72,191 | 85,627 | 89,179 | ||||||
CAPEX | (38,197) | (24,429) | (29,489) | ||||||
Cash from investing activities | 37,846 | (24,338) | (30,105) | ||||||
Cash from financing activities | (94,306) | (61,122) | (61,338) | ||||||
FCF | 57,704 | 1,600,564 | 200,484 | ||||||
| Balance | |||||||||
Cash | 27,485 | 11,756 | 11,581 | ||||||
Long term investments | 15,712 | 29,954 | |||||||
Excess cash | 20,866 | 19,473 | 33,810 | ||||||
Stockholders' equity | 716,376 | 713,655 | 1,547,909 | ||||||
Invested Capital | 1,337,730 | 1,394,966 | 1,524,625 | ||||||
ROIC | 4.55% | 5.92% | 5.93% | ||||||
ROCE | 4.59% | 6.11% | 5.10% | ||||||
| EV | |||||||||
Common stock shares outstanding | 1,308,259 | 1,435,347 | 1,292,784 | ||||||
Price | 0.17 -28.75% | 0.24 -40.74% | 0.41 -51.50% | ||||||
Market cap | 223,712 -35.06% | 344,483 -34.21% | 523,577 -48.72% | ||||||
EV | 833,493 | 1,013,561 | 1,794,953 | ||||||
EBITDA | 62,341 | 86,416 | 79,085 | ||||||
EV/EBITDA | 13.37 | 11.73 | 22.70 | ||||||
Interest | 32,869 | 26,248 | 19,454 | ||||||
Interest/NOPBT | 52.72% | 30.37% | 24.60% | ||||||