XSESP40U
Market cap819mUSD
Dec 20, Last price
0.49SGD
1D
-2.02%
1Q
-8.49%
Jan 2017
-34.46%
IPO
-46.09%
Name
Starhill Global Real Estate Investment Trust
Chart & Performance
P/E
17.72
P/S
5.78
EPS
0.03
Div Yield, %
7.46%
Shrs. gr., 5y
0.70%
Rev. gr., 5y
-1.52%
Revenues
190m
+0.87%
Net income
63m
+122.45%
CFO
137m
+64.09%
Dividend
Aug 05, 20240.0185 SGD/sh
Earnings
Jan 27, 2025
Profile
Starhill Global REIT is a Singapore-based real estate investment trust investing primarily in real estate used for retail and office purposes, both in Singapore and overseas. Since its listing on the Mainboard of the Singapore Exchange Securities Trading Limited (the SGX-ST) on 20 September 2005, Starhill Global REIT has grown its initial portfolio from interests in two landmark properties on Orchard Road in Singapore to 10 properties in Singapore, Australia, Malaysia, China and Japan, valued at about S$2.9 billion. These comprise interests in Wisma Atria and Ngee Ann City on Orchard Road in Singapore, Myer Centre Adelaide, David Jones Building and Plaza Arcade in Adelaide and Perth, Australia, The Starhill and Lot 10 in Kuala Lumpur, Malaysia, a retail property in Chengdu, China and two properties in Tokyo, Japan. Starhill Global REIT remains focused on sourcing attractive property assets in Singapore and overseas, while driving organic growth from its existing portfolio, through proactive leasing efforts and creative asset enhancements. Starhill Global REIT is managed by an external manager, YTL Starhill Global REIT Management Limited, of which all of its shares are indirectly held by YTL Corporation Berhad.
IPO date
Sep 20, 2005
Employees
29
Domiciled in
SG
Incorporated in
SG
Valuation
Title SGD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2024‑06 | 2023‑06 | 2022‑06 | 2021‑06 | 2020‑06 | 2019‑06 | 2018‑06 | 2017‑06 | 2016‑06 | |
| Income | |||||||||
Revenues | 189,819 0.87% | 188,188 2.02% | 184,463 7.49% | ||||||
Cost of revenue | 61,036 | 57,366 | 59,740 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 128,783 | 130,822 | 124,723 | ||||||
NOPBT Margin | 67.85% | 69.52% | 67.61% | ||||||
Operating Taxes | 6,299 | 3,770 | 2,251 | ||||||
Tax Rate | 4.89% | 2.88% | 1.80% | ||||||
NOPAT | 122,484 | 127,052 | 122,472 | ||||||
Net income | 62,671 122.45% | 28,173 -43.59% | 49,947 -8.24% | ||||||
Dividends | (82,892) | (80,818) | (77,364) | ||||||
Dividend yield | 7.57% | 6.98% | 5.98% | ||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
| Debt | |||||||||
Debt current | 196,046 | 3,280 | 125,329 | ||||||
Long-term debt | 846,854 | 1,142,144 | 1,056,161 | ||||||
Deferred revenue | 23,885 | 1,948 | 1,564 | ||||||
Other long-term liabilities | (99,488) | (79,190) | |||||||
Net debt | 971,063 | 1,056,746 | 1,080,228 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 136,599 | 83,244 | 84,274 | ||||||
CAPEX | (17,830) | (6) | |||||||
Cash from investing activities | (12,910) | 612 | (20,079) | ||||||
Cash from financing activities | (130,682) | (96,007) | (82,776) | ||||||
FCF | 122,486 | 86,793 | 116,336 | ||||||
| Balance | |||||||||
Cash | 60,574 | 68,302 | 85,663 | ||||||
Long term investments | 11,263 | 20,376 | 15,599 | ||||||
Excess cash | 62,346 | 79,269 | 92,039 | ||||||
Stockholders' equity | 1,761,308 | 1,652,306 | 1,750,208 | ||||||
Invested Capital | 2,722,781 | 2,736,824 | 2,857,109 | ||||||
ROIC | 4.49% | 4.54% | 4.24% | ||||||
ROCE | 4.61% | 4.64% | 4.22% | ||||||
| EV | |||||||||
Common stock shares outstanding | 2,258,777 | 2,249,321 | 2,230,403 | ||||||
Price | 0.49 -5.83% | 0.52 -11.21% | 0.58 3.57% | ||||||
Market cap | 1,095,507 -5.43% | 1,158,400 -10.45% | 1,293,634 4.74% | ||||||
EV | 2,066,570 | 2,215,146 | 2,373,862 | ||||||
EBITDA | 128,785 | 130,832 | 124,745 | ||||||
EV/EBITDA | 16.05 | 16.93 | 19.03 | ||||||
Interest | 43,044 | 39,501 | 37,849 | ||||||
Interest/NOPBT | 33.42% | 30.19% | 30.35% | ||||||