778 — Fortune Real Estate Investment Trust Share Price
Last trade - 00:00- HK$6.83bn
- HK$16.38bn
- HK$1.79bn
- 23
- 81
- 17
- 31
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 9.76 | ||
| PEG Ratio (f) | 0.11 | ||
| EPS Growth (f) | 591.39% | ||
| Dividend Yield (f) | 11.35% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.24 | ||
| Price to Tang. Book | 0.24 | ||
| Price to Free Cashflow | n/a | ||
| Price to Sales | 3.82 | ||
| EV to EBITDA | 13.97 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 3.11% | ||
| Return on Equity | -0.54% | ||
| Operating Margin | 65.7% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | HK$m | 1,959.7 | 1,843.82 | 1,806.4 | 1,764.36 | 1,785.89 | 1,775.92 | 1,815.7 | -1.64% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | -75.52 | n/a | n/a | -62.17 | n/a | n/a | +4.97 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Fortune Real Estate Investment Trust is a real estate investment trust constituted by a trust deed. The Company is principally engaged in the acquisition, management and leasing of property portfolio such as retail shopping center properties. It mainly leases properties to tenants in the supermarkets, food and beverage stores, banking, real estate agencies, education providers as well as other industries. In addition, the Company is engaged in the rental and operation of parking lots. It holds a portfolio of approximately 16 retail properties in Hong Kong, comprising approximately 3.0 million square feet of retail space and approximately 2,713 car parking lots. The Company established in 2003, and is currently listed on the main board of The Stock Exchange of Hong Kong Limited (SEHK).
Directors
- Sing Loi Chui NEC (72)
- Yu Chiu CEO (40)
- Yuen Chun Hung OTH
- Mei Mei Low SEC
- Kwok Hung Chiu NED (70)
- Hwee Chiang Lim NED (65)
- Lai Chee Ma NED (53)
- Eirene Yeung NED (60)
- Ai Phing Cheng NID (63)
- Poh Wah Koh NID (61)
- Annie Yeo NID (70)
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- July 4th, 2003
- Public Since
- April 20th, 2010
- Sector
- Residential & Commercial REITs
- Industry
- Financials
- Exchange
- Stock Exchange of Hong Kong Limited
- Shares in Issue
- 2,014,669,562
- Address
- 5 Temasek Boulevard, NA, 038985
- Web
- https://www.fortunereit.com/
- Phone
- +852 null21690928
- Auditors
- Deloitte & Touche LLP
Upcoming Events for 778
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FAQ
As of Today at 19:08 UTC, shares in Fortune Real Estate Investment Trust are trading at HK$3.39. This share price information is delayed by 15 minutes.
Shares in Fortune Real Estate Investment Trust last closed at HK$3.39 and the price had moved by -48.64% over the past 365 days. In terms of relative price strength the Fortune Real Estate Investment Trust share price has underperformed the FTSE Developed Asia Pacific Index by -46.39% over the past year.
The overall consensus recommendation for Fortune Real Estate Investment Trust is Buy. You can view the full broker recommendation list by unlocking its StockReport.
The Fortune Real Estate Investment Trust dividend yield is 11.91% based on the trailing twelve month period.
Last year, Fortune Real Estate Investment Trust paid a total dividend of HK$0.40, and it currently has a trailing dividend yield of 11.91%.Looking ahead, the next dividend pay date is 2024-04-19.
We do not have data on when Fortune Real Estate Investment Trust is to next pay dividends. The historic dividend yield on Fortune Real Estate Investment Trust shares is currently 11.91%.
To buy shares in Fortune Real Estate Investment Trust you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of HK$3.39, shares in Fortune Real Estate Investment Trust had a market capitalisation of HK$6.83bn.
Here are the trading details for Fortune Real Estate Investment Trust:
- Country of listing: Hong Kong
- Exchange: HKG
- Ticker Symbol: 778
Based on an overall assessment of its quality, value and momentum Fortune Real Estate Investment Trust is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Fortune Real Estate Investment Trust is HK$5.69. That is 67.73% above the last closing price of HK$3.39.
Analysts covering Fortune Real Estate Investment Trust currently have a consensus Earnings Per Share (EPS) forecast of HK$0.34 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Fortune Real Estate Investment Trust. Over the past six months, its share price has underperformed the FTSE Developed Asia Pacific Index by -32.43%.
As of the last closing price of HK$3.39, shares in Fortune Real Estate Investment Trust were trading -28.82% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Fortune Real Estate Investment Trust PE ratio based on its reported earnings over the past 12 months is 9.76. The shares last closed at HK$3.39.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Fortune Real Estate Investment Trust's management team is headed by:
- Sing Loi Chui - NEC
- Yu Chiu - CEO
- Yuen Chun Hung - OTH
- Mei Mei Low - SEC
- Kwok Hung Chiu - NED
- Hwee Chiang Lim - NED
- Lai Chee Ma - NED
- Eirene Yeung - NED
- Ai Phing Cheng - NID
- Poh Wah Koh - NID
- Annie Yeo - NID