DAIWA HOUSE LOGISTICS TRUST |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.575 SGD | -0.86% |
|
-2.54% | -12.21% |
| May. 08 | Daiwa House Logistics Trust's Distributable Income Edges Higher in Q1 | MT |
| Mar. 18 | Daiwa House Logistics Completes SG$23.8 Million Property Purchase | MT |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 439.8 | 455.6 | 400.5 | - | - |
| Enterprise Value (EV) 1 | 729.1 | 455.6 | 760.9 | 762.7 | 673.8 |
| P/E ratio | 3.04 x | 10.5 x | 13.2 x | 12.9 x | 14.4 x |
| Yield | 8.98% | - | 8.87% | 8.87% | 8.7% |
| Capitalization / Revenue | 6.4 x | 7.61 x | 6.39 x | 6.18 x | 6.27 x |
| EV / Revenue | 10.6 x | 7.61 x | 12.1 x | 11.8 x | 10.6 x |
| EV / EBITDA | 15.5 x | 11.5 x | 17.1 x | 16.7 x | 16 x |
| EV / FCF | - | - | - | - | - |
| FCF Yield | - | - | - | - | - |
| Price to Book | 0.75 x | - | 0.75 x | 0.75 x | - |
| Nbr of stocks (in thousands) | 692,535 | 695,503 | 696,460 | - | - |
| Reference price 2 | 0.6350 | 0.6550 | 0.5750 | 0.5750 | 0.5750 |
| Announcement Date | 2/23/23 | 2/27/24 | - | - | - |
1SGD in Million2SGD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | 71.02 | 68.72 | 59.85 | 62.66 | 64.84 | 63.82 |
| EBITDA 1 | - | 47.03 | 39.48 | 44.62 | 45.63 | 42.01 |
| EBIT 1 | - | 47.03 | 39.48 | 44.62 | 45.63 | 42.01 |
| Operating Margin | - | 68.44% | 65.96% | 71.21% | 70.37% | 65.82% |
| Earnings before Tax (EBT) 1 | - | 162.5 | 49.71 | 39 | 40 | - |
| Net income 1 | 25.95 | 140.3 | 42.47 | 33 | 34 | - |
| Net margin | 36.54% | 204.16% | 70.96% | 52.67% | 52.44% | - |
| EPS 2 | - | 0.2090 | 0.0626 | 0.0435 | 0.0445 | 0.0400 |
| Free Cash Flow | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | - | 0.0570 | - | 0.0510 | 0.0510 | 0.0500 |
| Announcement Date | 11/23/21 | 2/23/23 | 2/27/24 | - | - | - |
1SGD in Million2SGD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 S1 |
|---|---|
| Net sales 1 | 30.9 |
| EBITDA | - |
| EBIT | - |
| Operating Margin | - |
| Earnings before Tax (EBT) | - |
| Net income | - |
| Net margin | - |
| EPS | - |
| Dividend per Share 2 | 0.0261 |
| Announcement Date | 8/2/23 |
1SGD in Million2SGD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 289 | - | 360 | 362 | 273 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 6.152 x | - | 8.078 x | 7.939 x | 6.508 x |
| Free Cash Flow | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | - | 23.8% | - | 5.93% | 6.01% | 5.48% |
| ROA (Net income/ Total Assets) | - | 11.9% | - | 2.9% | 2.9% | - |
| Assets 1 | - | 1,177 | - | 1,138 | 1,172 | - |
| Book Value Per Share 2 | - | 0.8500 | - | 0.7700 | 0.7700 | - |
| Cash Flow per Share 2 | - | 0.0900 | - | 0.0600 | 0.0500 | - |
| Capex 1 | - | 886 | - | 59 | 2 | - |
| Capex / Sales | - | 1,288.9% | - | 94.16% | 3.08% | - |
| Announcement Date | 11/23/21 | 2/23/23 | 2/27/24 | - | - | - |
1SGD in Million2SGD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
0.575
SGD
Average target price
0.75
SGD
Spread / Average Target
+30.43%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -12.21% | 299M | |
| -21.42% | 97.81B | |
| +33.08% | 42.99B | |
| -22.14% | 9.58B | |
| -12.55% | 7.73B | |
| -16.19% | 7.17B | |
| -10.57% | 6.4B | |
| -12.38% | 6.12B | |
| -10.71% | 5.47B | |
| -19.23% | 5.33B |
- Stock Market
- Equities
- DHLU Stock
- Financials Daiwa House Logistics Trust
