REIT-TIREMENT - REITs Investing & Personal Finance

REITs investing & personal finance


Sunday, December 10, 2023

Industrial REITs Comparison - Part 1 @ 10 December 2023

Below is a comparison using the latest data from comparison tables on SREITs Data page. The most favorable figures are marked in blue and given a +1 score, while the least favorable are in red with a -1 score. The highest score in each category determines the winner. Note that this is a simple comparison without weightage assigned to each figure. 


Overall Winner


Now, let's dive into the details:

Fundamental

Overview, Related Parties Shareholding & Lease Profile:
Overview Winner: Frasers Logistics & Commercial Trust
Related Parties Shareholding Winner: Mapletree Industrial Trust
Lease Profile Winner: Frasers Logistics & Commercial Trust

Diversification & Debt Profile:
Diversification Profile Winner: CapitaLand Ascendas REIT
Debt Profile Winner: Frasers Logistics & Commercial Trust

Key Financial Metrics, Distribution Breakdown & Growth Trend:

Key Financial Metrics Winner: Keppel DC REIT
Distribution Breakdown Winner: Keppel DC REIT
Growth Trend Winner: Keppel DC REIT

Relative Valuation

Price Range:
Winner: Frasers Logistics & Commercial Trust

Dividend Yield:
Winner: Frasers Logistics & Commercial Trust

P/NAV:
Winner: Frasers Logistics & Commercial Trust


The above is just a quick comparison without weightage assigned. You can refer below for more details on the individual review:

For more information, check out:

SREITs Dashboard - Detailed information on individual Singapore REIT

SREITs Data - Overview and details of Singapore REIT

REIT Review - List of previous REIT review posts


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*Disclaimer: The information presented on this blog is for educational and informational purposes only. The materials, including research and opinions, are based solely on my findings and should not be considered professional financial advice or a definitive statement of fact. I cannot guarantee the accuracy, completeness, or reliability of the information provided. I shall not be held liable for any errors, omissions, or losses that may occur as a result of using the information presented on this blog. It should be noted that the information presented on this blog does not constitute a buy, sell, or hold recommendation for any security. It is crucial to conduct your own thorough research and due diligence before making any investment decisions.

4 comments:

  1. Hi! May I know why Ascendas has a premium rating for relative valuation when the p/nav seem not as attractive than others?

    ReplyDelete
    Replies
    1. The relative valuation is compare to its own historical yield, p/nav and price. For Ascendas, it is still slight high as compared to it's historical record.

      Delete
    2. Oh sorry I might have misunderstood. so “premium” is not better than rank 1? But means worse than rank 3?

      Delete
    3. For relative valuation, the rank is based on price, dividend yield and PNAV attractiveness against its historical record. Premium mean it is at higher price range as compared to others.

      Delete