360 Capital REIT (TOT) AI Stock Analysis

• Market Cap: AU$82.25M
• Dividend Yield: 7.69%
• Average Volume (3M): 125.18K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.31
• Revenue Growth: -0.74%
• EPS Growth: 27.60%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 67
• Industry: REIT - Diversified
• EPS (TTM): <0.01
• Shares Outstanding: 216,452,440
• 10 Day Avg. Volume: 131,643
• 30 Day Avg. Volume: 125,184
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: AU$0.50 ▲(31.58%Upside)

The most significant factor influencing 360 Capital REIT's stock score is its weak financial performance, characterized by declining revenues and negative cash flows, which pose substantial risks. Although technical indicators show neutral to mild bullish momentum, the valuation is hampered by negative earnings despite a high dividend yield offering some appeal.

360 Capital REIT Business Overview & Revenue Model

Company Description

360 Capital REIT invests across the entire real estate capital stack to take advantage of varying market conditions in order to maximize risk adjusted returns for unit holders. It was formerly known as 360 Capital Total Return Fund. 360 Capital REIT is based in Sydney, Australia.

How the Company Makes Money

360 Capital REIT generates revenue primarily through rental income from its portfolio of properties. The company leases commercial, industrial, and retail spaces to various tenants, creating a steady stream of income. Additionally, the company may engage in property development and asset repositioning to enhance property value and increase rental yields. Capital appreciation from its real estate investments also contributes to its earnings. The REIT may form strategic partnerships or joint ventures to co-invest in properties, thereby expanding its asset base and potential revenue streams. Management fees from overseeing real estate assets and investment funds can also be a significant part of the company's revenue model.

360 Capital REIT Financial Statement Overview

Summary

360 Capital REIT faces significant financial challenges, with declining revenues, negative net income, and cash flow difficulties. While the company maintains a strong equity base and manages its debt levels moderately, the profitability and cash generation capacity remain concerning issues. The focus should be on improving operational efficiencies and stabilizing cash flows to enhance financial health.

Income Statement

The company shows significant volatility in its income statement with a declining trend in total revenue from 2021 to 2024. Gross profit margin is high at 87.87% for 2024, indicating efficient cost control relative to revenue. However, the net profit margin is negative, demonstrating loss-making operations primarily due to high operating expenses or other charges. EBIT margin is high, indicating strong core operations before interest and taxes, but EBITDA margin is negative in recent years, suggesting significant non-operating costs or adjustments.

Balance Sheet

The balance sheet shows a relatively stable equity position with a debt-to-equity ratio of 0.57 in 2024, suggesting moderate leverage. The equity ratio is 62.06% in 2024, indicating a strong equity base compared to total assets. However, the declining stockholders' equity and increasing debt levels in recent years highlight potential risks in financial stability.

Cash Flow

The cash flow statement indicates challenges in generating positive free cash flow, with a negative free cash flow in 2024. Operating cash flow to net income ratio is negative, reflecting cash flow challenges. The free cash flow to net income ratio is also negative, indicating difficulties in converting net income into cash flows.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
15.22M	16.41M	11.53M	21.27M	14.52M
	Gross Profit
13.38M	8.81M	7.30M	8.43M	7.80M
	EBIT
14.88M	7.94M	46.65M	11.02M	5.83M
	EBITDA
-16.86M	-45.23M	46.65M	11.02M	5.83M
	Net Income Common Stockholders
-21.95M	-47.92M	33.73M	9.23M	10.43M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.66M	7.34M	177.56M	21.72M	89.50M
	Total Assets
207.38M	232.90M	201.77M	168.28M	161.72M
	Total Debt
73.38M	83.41M	0.00	0.00	0.00
	Net Debt
71.03M	80.33M	-10.84M	-15.61M	-78.48M
	Total Liabilities
78.65M	101.45M	16.66M	11.20M	4.67M
	Stockholders Equity
128.73M	131.45M	185.11M	157.08M	157.05M
Cash Flow		Free Cash Flow
-7.55M	6.23M	6.63M	13.05M	-53.51M
	Operating Cash Flow
-7.55M	6.23M	6.63M	13.05M	-562.00K
	Investing Cash Flow
-1.65M	-92.11M	-5.75M	-65.66M	41.48M
	Financing Cash Flow
8.45M	78.12M	-5.65M	-10.26M	-4.77M

360 Capital REIT Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TOT, the sentiment is Positive. The current price of 0.38 is below the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.38, and below the 200-day MA of 0.39, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.91 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TOT.

360 Capital REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VCX	72 Outperform	$11.59B	14.17	7.73%	4.92%	1.97%	156.14%
GMG	69 Neutral	$69.73B	71.06	5.14%	0.87%	9.68%	273.05%
SCG	68 Neutral	AU$19.20B	18.19	5.94%	4.66%	5.05%	500.30%
CHC	63 Neutral	$9.13B	314.52	1.03%	1.52%	-19.75%	―
Sector *	61 Neutral	$2.85B	10.72	0.40%	6.07%	5.80%	-21.26%
DXS	58 Neutral	$7.60B	―	-9.22%	5.37%	0.32%	28.89%
TOT	54 Neutral	AU$82.25M	―	-17.33%	7.69%	-0.74%	27.60%

360 Capital REIT Corporate Events

360 Capital REIT Director Increases Stake

360 Capital REIT announced a change in the director’s interest, with Tony Robert Pitt acquiring additional securities through TT Investments Pty Limited. This acquisition reflects a strategic move that could potentially impact the company’s market positioning by increasing the director’s stake, thereby aligning his interests more closely with those of the shareholders.

360 Capital REIT Director Increases Stake

360 Capital REIT announced a change in the director’s interest, with Tony Robert Pitt acquiring additional securities through TT Superfund and TT Trust. This acquisition, conducted via on-market trades, reflects a strategic move to increase holdings, potentially enhancing the director’s influence and confidence in the company’s future performance, which could impact stakeholder perceptions positively.

360 Capital REIT Announces Quarterly Distribution Update

360 Capital REIT has announced an update regarding the payment of its quarterly distribution for the period ending March 31, 2025. The distribution will be paid from the 360 Capital Active REIT, with no distribution from the 360 Capital Passive REIT. This update may impact stakeholders by clarifying the source of the distribution and ensuring transparency in the company’s financial operations.

360 Capital REIT Updates Securities Trading Policy to Enhance Market Transparency

360 Capital REIT has released a revised Securities Trading Policy, which is now available on their website. This policy aims to enhance transparency and market confidence by outlining procedures and restrictions for trading in the group’s securities, particularly for restricted persons, to prevent insider trading and ensure compliance with ASX listing rules.

360 Capital REIT Announces Quarterly Distribution

360 Capital REIT announced a quarterly distribution of AUD 0.0075 per Stapled Security, which will be paid from the 360 Capital Active REIT. The distribution is scheduled for payment on April 24, 2025, with an ex-date of March 28, 2025, and a record date of March 31, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors, although no distribution will be made from the 360 Capital Passive REIT.

360 Capital REIT Director Increases Stake, Signaling Confidence

360 Capital REIT announced a change in the director’s interest, with Tony Robert Pitt acquiring an additional 2,274,000 ordinary units through an on-market trade. This acquisition increases his indirect holdings in the 360 Capital Group, potentially strengthening his influence and signaling confidence in the company’s future performance.

360 Capital REIT Increases Substantial Holder Voting Power

360 Capital REIT has announced a change in the interests of its substantial holder, 360 Capital Property Limited and its associates, increasing their voting power from 42.80% to 44.47%. This shift in voting power reflects a strategic move that could enhance the company’s influence in decision-making processes, potentially impacting its operational strategies and stakeholder engagement.