XSESTS0U
Market cap1.09bUSD
Dec 20, Last price
0.27SGD
1D
-1.82%
1Q
-16.92%
Jan 2017
-55.85%
IPO
-57.29%
Name
Oue Commercial Real Estate Investment Trust
Chart & Performance
Profile
OUE C-REIT is a real estate investment trust listed on the Main Board of Singapore Exchange Securities Trading Limited since 27 January 2014. OUE C-REIT completed the merger with OUE Hospitality Trust in September 2019 to become one of the largest diversified REITs with total assets of S$6.8 billion. With seven properties across the commercial and hospitality segments in Singapore and Shanghai, OUE C-REIT's property portfolio comprises approximately 2.2 million sq ft of prime office and retail space, and 1,640 upscale hotel rooms. OUE C-REIT invests in income-producing real estate used primarily for commercial purposes (including real estate used primarily for office and/or retail purposes) in financial and business hubs, and/or hospitality and/or hospitality-related purposes, as well as real estate-related assets. OUE C-REIT is managed by OUE Commercial REIT Management Pte. Ltd., which is a wholly-owned subsidiary of OUE Limited.
Valuation
Title SGD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 285,055 18.03% | 241,507 -3.35% | 249,884 -14.43% | |||||||
Cost of revenue | 85,396 | 61,346 | 65,232 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 199,659 | 180,161 | 184,652 | |||||||
NOPBT Margin | 70.04% | 74.60% | 73.90% | |||||||
Operating Taxes | 2,479 | 11,191 | 14,061 | |||||||
Tax Rate | 1.24% | 6.21% | 7.61% | |||||||
NOPAT | 197,180 | 168,970 | 170,591 | |||||||
Net income | 200,109 -27.38% | 275,574 608.85% | 38,876 -207.20% | |||||||
Dividends | (116,632) | (135,822) | (147,866) | |||||||
Dividend yield | 7.06% | 7.02% | 6.18% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 100 | 327,752 | 173,199 | |||||||
Long-term debt | 2,100,651 | 1,772,267 | 1,863,016 | |||||||
Deferred revenue | 1,246 | 3,206 | ||||||||
Other long-term liabilities | 41,899 | 38,632 | 42,731 | |||||||
Net debt | 1,692,807 | 1,675,225 | 1,653,650 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 213,387 | 183,534 | 166,801 | |||||||
CAPEX | (40) | (47,806) | (56,899) | |||||||
Cash from investing activities | 1,458 | (30,848) | 902,523 | |||||||
Cash from financing activities | (208,944) | (159,120) | (1,100,651) | |||||||
FCF | 116,899 | 156,636 | 148,015 | |||||||
Balance | ||||||||||
Cash | 54,225 | 49,482 | 59,549 | |||||||
Long term investments | 353,719 | 375,312 | 323,016 | |||||||
Excess cash | 393,691 | 412,719 | 370,071 | |||||||
Stockholders' equity | 3,778,030 | 10,867,116 | 10,517,335 | |||||||
Invested Capital | 5,504,173 | 5,394,524 | 5,260,592 | |||||||
ROIC | 3.62% | 3.17% | 2.89% | |||||||
ROCE | 3.35% | 3.06% | 3.23% | |||||||
EV | ||||||||||
Common stock shares outstanding | 5,800,470 | 5,778,470 | 5,435,597 | |||||||
Price | 0.29 -14.93% | 0.34 -23.86% | 0.44 15.79% | |||||||
Market cap | 1,653,134 -14.60% | 1,935,787 -19.06% | 2,391,663 16.37% | |||||||
EV | 3,812,779 | 4,078,306 | 4,505,832 | |||||||
EBITDA | 199,725 | 183,995 | 189,734 | |||||||
EV/EBITDA | 19.09 | 22.17 | 23.75 | |||||||
Interest | 87,871 | 67,078 | 63,956 | |||||||
Interest/NOPBT | 44.01% | 37.23% | 34.64% |