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RAM Essential Services Property Fund (REP) AI Stock Analysis
RAM Essential Services Property Fund
(ASX:REP)
The score is primarily held back by weakening financial performance—persistent losses, declining revenue, and moderate-to-high leverage with shrinking equity—despite consistently positive cash generation. Technical signals are also weak with the stock trading below key moving averages and a negative MACD. Valuation is supported by a very high dividend yield, but this is tempered by a mid-range P/E and the weaker earnings trajectory.
RAM Essential Services Property Fund (REP) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 233.00M
- Dividend Yield
- 8.85%
- Average Volume (3M)
- 461.32K
- Price to Earnings (P/E)
- -8.4
- Beta (1Y)
- 0.29
- Revenue Growth
- -29.61%
- EPS Growth
- -158.18%
- Country
- Australia
- Employees
- ―
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
RAM Essential Services Property Fund Business Overview & Revenue Model
Company Description
Headquartered in Australia, RAM Essential Services Property Fund operates as a Real Estate Investment Trust (REIT). It strategically invests in premium Australian properties within the healthcare and vital retail sectors, with these assets leased to...
RAM Essential Services Property Fund Financial Statement Overview
Summary
Overall financials are mixed. The income statement is the key weakness with a swing from profit (2022) to persistent losses (2023–2026) and a sharp revenue decline in 2026, indicating deteriorating earnings quality. The balance sheet shows moderate-to-high leverage and declining equity, reducing flexibility. Cash flow is a relative strength with consistently positive operating cash flow and free cash flow, though momentum weakened in 2025–2026.
Income Statement
34NegativeBalance Sheet
55NeutralCash Flow
63Positive| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 40.85M | 40.85M | 57.88M | 55.66M | 56.32M | 36.51M |
| Gross Profit | 11.19M | 13.90M | 57.88M | 55.66M | 35.03M | 4.98M |
| EBITDA | -9.74M | -6.48M | 33.54M | 31.96M | 36.73M | 15.14M |
| Net Income | -14.22M | -14.22M | -5.53M | -11.36M | -15.66M | 42.53M |
Balance Sheet | ||||||
| Total Assets | 661.12M | 661.12M | 690.66M | 751.55M | 816.83M | 832.33M |
| Cash, Cash Equivalents and Short-Term Investments | 9.60M | 9.60M | 4.40M | 9.41M | 11.95M | 15.82M |
| Total Debt | 289.03M | 289.03M | 267.21M | 284.51M | 300.43M | 257.01M |
| Total Liabilities | 311.30M | 311.30M | 292.55M | 307.06M | 312.56M | 281.68M |
| Stockholders Equity | 168.39M | 168.39M | 198.62M | 220.43M | 250.60M | 282.44M |
Cash Flow | ||||||
| Free Cash Flow | 21.94M | 21.94M | 24.43M | 31.50M | 19.72M | 5.07M |
| Operating Cash Flow | 21.94M | 21.94M | 24.43M | 31.50M | 19.72M | 5.07M |
| Investing Cash Flow | -12.88M | -12.88M | 21.18M | 18.78M | -35.50M | -157.73M |
| Financing Cash Flow | -3.86M | -3.86M | -50.62M | -52.82M | 11.90M | 160.67M |
RAM Essential Services Property Fund Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:REP, the sentiment is Positive. The current price of 0.48 is above the 20-day moving average (MA) of 0.43, above the 50-day MA of 0.42, and above the 200-day MA of 0.44, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 71.04 is Negative, neither overbought nor oversold. The STOCH value of 86.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:REP.
RAM Essential Services Property Fund Peers Comparison
Overall Rating
AU:LCE70Outperform
AU:PPT63Neutral- AU:REP52Neutral
AU:BWF47Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:LCE | 70Outperform | AUD 29.24M | 3.67 | 27.70% | 2.78% | 422.26% | 1436.25% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| AU:PPT | 63Neutral | AUD 2.00B | 22.49 | 5.64% | 6.83% | -16.00% | ― |
| AU:REP | 52Neutral | AUD 225.48M | -8.36 | -7.78% | 8.85% | -29.61% | -158.18% |
| AU:BWF | 47Neutral | AUD 15.89M | -6.86 | -6.24% | ― | -40.66% | 82.75% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:REP | RAM Essential Services Property Fund | 0.48 | -0.07 | -12.57% | |
| AU:PPT | Perpetual Limited | 17.87 | -0.01 | -0.04% | |
| AU:BWF | Blackwall Limited | 0.09 | -0.08 | -46.89% | |
| AU:LCE | London City Equities Ltd | 0.90 | 0.08 | 9.09% | |
| AU:MRE | Metrics Real Estate Multi-Strategy Fund | 1.41 | -0.41 | -22.70% |
RAM Essential Services Property Fund Corporate Events
RAM Essential Services Fund Completes $219m Retail Asset Selldown and Cuts Gearing
RAM Essential Services Property Fund has completed the sale of five retail assets, including Coomera Square, Springfield Fair, Keppel Bay Plaza, Coles Rutherford and Mowbray Marketplace, finalising a $218.6 million transaction and retaining a 10% int...
RAM Essential Services Property Fund sets September-quarter distribution for 2026
RAM Essential Services Property Fund has declared a September-quarter distribution of 0.95 cents per stapled security, covering the period from 1 July to 30 September 2026, with a record date of 30 September and payment scheduled for 30 October. The...
RAM Essential Services Property Fund Releases FY2026 Annual Report
RAM Essential Services Property Fund has released its Annual Report for FY2026, outlining highlights for the year, portfolio performance, and an ongoing focus on environmental, social and governance initiatives. The report also details an update on t...
RAM Essential Services Property Fund Declares Quarterly Distribution for September 2026
RAM Essential Services Property Fund has declared a quarterly distribution to holders of its fully paid stapled securities, reflecting its ongoing policy of providing regular income to investors from its property portfolio. The fund set an ex-date of...
RAM Essential Services Property Fund declares quarterly distribution at top end of guidance
RAM Essential Services Property Fund has declared a quarterly distribution of 0.95 cents per stapled security for the period ending 30 September 2026, at the upper end of its previously provided guidance, reinforcing its income-focused proposition to...
RAM Essential Services Property Fund Files Updated Governance Statement and Appendix 4G
RAM Essential Services Property Fund has lodged its updated corporate governance statement for the year ended 30 June 2026, confirming that the document is current as at that date and has been approved by the board. The statement is made available vi...
RAM Essential Services Property Fund outlines FY26 results and strategy update
RAM Essential Services Property Fund has released its FY26 operating results and strategic update dated 26 August 2026, outlining full-year highlights, portfolio performance, financial outcomes, future strategy and other information. While detailed f...
RAM Essential Services Property Fund Posts Larger Loss and Cuts Final Distribution
RAM Essential Services Property Fund reported a sharp deterioration in earnings for the year to 30 June 2026, with total income from ordinary activities falling 12.9% to A$43.7 million. The stapled group swung to a significantly larger loss, with los...
RAM Essential Services Property Fund sets date for FY26 results and investor call
RAM Essential Services Property Fund will release its financial results for the year ended 30 June 2026 on 26 August 2026, alongside an investor and analyst conference call later that morning. A detailed results presentation will be made available on...
RAM Essential Services Property Fund Advances Sale of Five Retail Assets While Retaining Minority Stake
RAM Essential Services Property Fund has confirmed that all conditions have been satisfied for the sale of five retail assets to a fund established by a leading institutional investor, with completion expected in the second quarter of FY27. The fund...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 27, 2026