Personal compilation of reits and business trusts by total potential return and estimated dividend yield

Dear readers,
I have compiled the reits, using Bloomberg data as of 14 Feb and sorted them in this order
1. Total potential return
2. Estimated dividend yield

Among the 29 reits / business trusts polled by Bloomberg and compiled by
me, Saizen (13.4%); Fraser Comm (12.7%); Cache Log (12.6%) scored the highest
in terms of total potential return. This ranking is fluid because it depends on
the reits’ prices as well as analysts estimates. Do take a look.

I will like to emphasise this is just one of the first steps to screen out some of the reits that we can take a look into. There are other additional steps required before one makes the decision to invest.

Table 1: Reits sorted by total potential return

Short
Name
CRNCY Last Price Ave TP Chg from Ave TP 52 Wk High 52 Wk Low Adj Mkt Cap Hist P/BV Est Div Yield YTD Total Return
(%)
Est Cap gain +
Div Yield (%)
Saizen Reit SGD 0.19 0.205 7% 0.200 0.127 272.4 0.8 6.9% 6% 13.4%
Frasers
Commerci
SGD 1.33 1.420 7% 1.370 0.790 864.5 0.9 5.5% 1% 12.7%
Cache
Logistics
SGD 1.29 1.364 6% 1.295 0.985 907.3 1.4 6.8% 6% 12.6%
Aims Amp
Capital
SGD 1.57 1.653 5% 1.595 1.015 705.6 1.1 6.9% 7% 12.2%
Ascott
Residence
SGD 1.33 1.403 5% 1.420 1.020 1,675.5 1.0 6.7% 1% 12.2%
Mapletree
Indust
SGD 1.39 1.454 5% 1.445 1.085 2,274.4 1.4 6.5% 4% 11.1%
Frasers
Centrepo
SGD 2.00 2.100 5% 2.040 1.430 1,655.9 1.3 5.4% 2% 10.4%
Religare
Health
SGD 0.91 1.002 10% 0.915 0.760 717.2 NA NA 3% 10.1%
Capitamall
Trust
SGD 2.16 2.271 5% 2.250 1.740 7,432.7 1.3 4.8% 1% 9.9%
Ascendas
Hospita
SGD 0.99 1.027 4% 0.995 0.860 796.3 NA 5.5% 5% 9.8%
First Reit SGD 1.09 1.108 2% 1.090 0.775 722.8 1.3 6.8% 3% 8.9%
Mapletree Log
Tr
SGD 1.22 1.246 3% 1.220 0.875 2,949.4 1.2 5.7% 8% 8.2%
Starhill
Global
SGD 0.86 0.877 3% 0.870 0.600 1,671.0 1.0 5.5% 11% 8.1%
K-Green Trust SGD 1.07 NA NA 1.090 0.945 670.7 1.0 7.3% 8% 7.3%
Cdl Reit SGD 2.05 2.079 1% 2.120 1.680 1,988.6 1.3 5.8% 12% 7.2%
Cambridge
Reit
SGD 0.74 0.733 0% 0.740 0.500 893.8 1.1 7.1% 11% 6.8%
Sabana
Shariah
SGD 1.24 1.213 -2% 1.240 0.900 792.3 1.1 7.8% 11% 6.0%
Far East H
Trust
SGD 1.07 1.070 1% 1.085 0.930 1,703.4 1.1 5.5% 8% 6.0%
Parkwaylife
Reit
SGD 2.32 2.345 1% 2.400 1.725 1,403.6 1.5 4.7% 9% 5.8%
Lippo Malls SGD 0.53 0.515 -2% 0.530 0.355 1,161.7 0.9 6.8% 8% 4.9%
Hutchison
Port-U
USD 0.84 0.815 -3% 0.865 0.675 9,039.3 0.8 7.8% 11% 4.8%
Capitacommercial SGD 1.66 1.649 -1% 1.710 1.130 4,722.8 1.0 4.9% 1% 4.2%
Fortune Reit HKD 6.72 6.848 2% 7.000 3.840 1,820.5 0.8 1.1% 8% 3.0%
Mapletree
Commer
SGD 1.36 1.332 -2% 1.375 0.850 2,799.8 1.3 4.6% 13% 2.9%
Keppel Reit SGD 1.37 1.321 -4% 1.395 0.900 3,612.0 1.0 5.8% 7% 2.2%
Capitaretail SGD 1.80 1.734 -3% 1.805 1.195 1,344.3 1.4 5.3% 9% 1.9%
Suntec Reit SGD 1.79 1.724 -4% 1.795 1.195 4,031.7 0.9 5.1% 8% 1.4%
Ascendas
India T
SGD 0.84 0.790 -5% 0.860 0.730 762.2 1.4 5.9% 11% 0.5%
Ascendas Real
Es
SGD 2.63 2.484 -6% 2.640 1.935 5,888.4 1.4 5.3% 13% -0.2%

Table 2: Reits sorted by estimated dividend yield

Short
Name
CRNCY Last Price Ave TP Chg from Ave TP 52 Wk High 52 Wk Low Adj Mkt Cap Hist P/BV Est Div Yield YTD Total Return
(%)
Est Cap gain +
Div Yield (%)
Religare
Health
SGD 0.91 1.002 10% 0.915 0.760 717.2 NA NA 3% 10.1%
Hutchison
Port-U
USD 0.84 0.815 -3% 0.865 0.675 9,039.3 0.8 7.8% 11% 4.8%
Sabana
Shariah
SGD 1.24 1.213 -2% 1.240 0.900 792.3 1.1 7.8% 11% 6.0%
K-Green Trust SGD 1.07 NA NA 1.090 0.945 670.7 1.0 7.3% 8% 7.3%
Cambridge
Reit
SGD 0.74 0.733 0% 0.740 0.500 893.8 1.1 7.1% 11% 6.8%
Saizen Reit SGD 0.19 0.205 7% 0.200 0.127 272.4 0.8 6.9% 6% 13.4%
Aims Amp
Capital
SGD 1.57 1.653 5% 1.595 1.015 705.6 1.1 6.9% 7% 12.2%
Cache
Logistics
SGD 1.29 1.364 6% 1.295 0.985 907.3 1.4 6.8% 6% 12.6%
First Reit SGD 1.09 1.108 2% 1.090 0.775 722.8 1.3 6.8% 3% 8.9%
Lippo Malls SGD 0.53 0.515 -2% 0.530 0.355 1,161.7 0.9 6.8% 8% 4.9%
Ascott
Residence
SGD 1.33 1.403 5% 1.420 1.020 1,675.5 1.0 6.7% 1% 12.2%
Mapletree
Indust
SGD 1.39 1.454 5% 1.445 1.085 2,274.4 1.4 6.5% 4% 11.1%
Ascendas
India T
SGD 0.84 0.790 -5% 0.860 0.730 762.2 1.4 5.9% 11% 0.5%
Cdl Reit SGD 2.05 2.079 1% 2.120 1.680 1,988.6 1.3 5.8% 12% 7.2%
Keppel Reit SGD 1.37 1.321 -4% 1.395 0.900 3,612.0 1.0 5.8% 7% 2.2%
Mapletree Log
Tr
SGD 1.22 1.246 3% 1.220 0.875 2,949.4 1.2 5.7% 8% 8.2%
Frasers
Commerci
SGD 1.33 1.420 7% 1.370 0.790 864.5 0.9 5.5% 1% 12.7%
Far East H
Trust
SGD 1.07 1.070 1% 1.085 0.930 1,703.4 1.1 5.5% 8% 6.0%
Starhill
Global
SGD 0.86 0.877 3% 0.870 0.600 1,671.0 1.0 5.5% 11% 8.1%
Ascendas
Hospita
SGD 0.99 1.027 4% 0.995 0.860 796.3 NA 5.5% 5% 9.8%
Frasers
Centrepo
SGD 2.00 2.100 5% 2.040 1.430 1,655.9 1.3 5.4% 2% 10.4%
Ascendas Real
Es
SGD 2.63 2.484 -6% 2.640 1.935 5,888.4 1.4 5.3% 13% -0.2%
Capitaretail SGD 1.80 1.734 -3% 1.805 1.195 1,344.3 1.4 5.3% 9% 1.9%
Suntec Reit SGD 1.79 1.724 -4% 1.795 1.195 4,031.7 0.9 5.1% 8% 1.4%
Capitacommercial SGD 1.66 1.649 -1% 1.710 1.130 4,722.8 1.0 4.9% 1% 4.2%
Capitamall
Trust
SGD 2.16 2.271 5% 2.250 1.740 7,432.7 1.3 4.8% 1% 9.9%
Parkwaylife
Reit
SGD 2.32 2.345 1% 2.400 1.725 1,403.6 1.5 4.7% 9% 5.8%
Mapletree
Commer
SGD 1.36 1.332 -2% 1.375 0.850 2,799.8 1.3 4.6% 13% 2.9%
Fortune Reit HKD 6.72 6.848 2% 7.000 3.840 1,820.5 0.8 1.1% 8% 3.0%

*Note: Bloomberg does not have an estimated dividend yield for Religare

Disclaimer

The information contained herein is the
writer’s personal opinion and is provided to you for
information only and is not intended to or nor will it create/induce the
creation of any binding legal relations. The
information or opinions provided herein do not constitute
an investment advice, an offer or solicitation to subscribe for, purchase
or sell the investment product(s) mentioned herein. It does not have any regard
to your specific investment objectives, financial situation and any of your
particular needs. Accordingly, no warranty whatsoever is given and no
liability whatsoever is accepted for any loss arising whether directly or
indirectly as a result of this information. Investments are subject to
investment risks including possible loss of the principal amount invested. The
value of the product and the income from them may fall as well as rise. You may
wish to seek advice from an independent financial adviser before making a
commitment to purchase or invest in the investment product(s) mentioned herein.
In the event that you choose not to do so, you should consider whether the
investment product(s) mentioned herein are suitable for you. The writer will
not, in any event, be liable to you for any direct/indirect or any other
damages of any kind arising from or in connection with your reliance on any
information in and/or materials appended herein. The information and/or
materials are provided “as is” without warranty of any kind, either express or
implied.  In particular, no warranty regarding accuracy or fitness for a
purpose is given in connection with such information and materials.

Leave a Reply

Your email address will not be published. Required fields are marked *