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Mapletree Industrial Trust (SG:ME8U)
SGX:ME8U
Mapletree Industrial (ME8U) Share Price & Analysis
65 Followers
ME8U Stock Chart & Stats
Day’s RangeS$0 - S$0
52-Week RangeS$2.05 - S$2.49
Previous CloseS$2.19
Volume15.75M
Average Volume (3M)5.99M
Market Cap
S$6.32B
Enterprise ValueS$9.06B
Total Cash (Recent Filing)S$154.02M
Total Debt (Recent Filing)S$2.89B
Price to Earnings (P/E)22.7
Beta0.93
Next Earnings
Apr 25, 2024EPS Estimate
S$0.03Last Dividend Ex-Date
Feb 01, 2024Dividend Yield6.1%
Share Statistics
EPS (TTM)0.10
Shares OutstandingN/A
10 Day Avg. Volume12,096,140
30 Day Avg. Volume5,989,106
Standard Deviation0.03
R-Squared0.06
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
S$2.72Price Target Upside24.32% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Mapletree Industrial News
PremiumGlobal Markets
OYY, ME8U, and Z74: Three SGX Stocks to Buy Today
Bulls Say, Bears Say
Bulls Say
Interest Rate ManagementThe REIT has effectively mitigated the risk of rising interest rates by proactively fixing a large portion of its interest costs, ensuring greater financial predictability.
Operational PerformanceWith broad-based positive rental revisions and an increased Weighted Average Lease Expiry, the REIT demonstrates a solid operational performance and commitment to long-term income stability.
Portfolio DiversificationThe REIT's strategic pivot to invest in datacenters, which now represent a significant portion of its assets, signals a strong move towards diversification and capitalizing on the robust data center market.
Bears Say
DistributionsAn increase in refinancing rates will negatively impact distributions, potentially leading to reduced investor payouts.
Interest RatesRising refinancing rates pose a risk to the company's financial health, potentially squeezing profit margins.
Lease ExpiryThe expiry of the AT&T leases is a concern, as the company faces the challenge of re-leasing part or most of its space.
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Options Prices
Currently, No data available
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Ownership Overview
0.34%
Insiders
4.41% Mutual Funds
3.82% Other Institutional Investors
91.43% Public Companies and
Individual Investors
ME8U FAQ
What was Mapletree Industrial Trust’s price range in the past 12 months?
Mapletree Industrial Trust lowest share price was S$2.05 and its highest was S$2.49 in the past 12 months.
What is Mapletree Industrial Trust’s market cap?
Currently, no data Available
When is Mapletree Industrial Trust’s upcoming earnings report date?
Mapletree Industrial Trust’s upcoming earnings report date is Apr 25, 2024 which is in 2 days.
How were Mapletree Industrial Trust’s earnings last quarter?
Mapletree Industrial Trust released its earnings results on Jan 25, 2024. The company reported S$0.033 earnings per share for the quarter, beating the consensus estimate of S$0.031 by S$0.002.
Is Mapletree Industrial Trust overvalued?
According to Wall Street analysts Mapletree Industrial Trust’s price is currently Undervalued.
Does Mapletree Industrial Trust pay dividends?
Mapletree Industrial Trust pays a Notavailable dividend of S$0.02 which represents an annual dividend yield of 6.1%. See more information on Mapletree Industrial Trust dividends here
What is Mapletree Industrial Trust’s EPS estimate?
Mapletree Industrial Trust’s EPS estimate is S$0.03.
How many shares outstanding does Mapletree Industrial Trust have?
Mapletree Industrial Trust has 2,834,670,400 shares outstanding.
What happened to Mapletree Industrial Trust’s price movement after its last earnings report?
Mapletree Industrial Trust reported an EPS of S$0.033 in its last earnings report, beating expectations of S$0.031. Following the earnings report the stock price went up 0.416%.
Which hedge fund is a major shareholder of Mapletree Industrial Trust?
Currently, no hedge funds are holding shares in SG:ME8U
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Mapletree Industrial Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
S$2.72 (24.32% Upside)
S$2.72 (24.32% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-7.82%
12-Months-Change
Fundamentals
Return on Equity
5.15%
Trailing 12-Months
Asset Growth
6.69%
Trailing 12-Months
Company Description
Mapletree Industrial Trust
Mapletree Industrial Trust, or MIT, is a real estate investment trust involved in the ownership and management of industrial properties across Singapore. In terms of total value and square footage, most of the company's real estate portfolio comprises multi-tenanted flatted factories, Hi-Tech buildings, and business park buildings. MIT generates revenue in the form of rental income derived from the leasing of its industrial facilities in medium- to long-term leases. The company's flatted factories account for the majority of this rental income. Mapletree Industrial's customer base encompasses a variety of companies engaged in manufacturing and wholesale and retail trade activities.
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ME8U Stock 12 Months Forecast
Average Price Target
S$2.72
▲(24.32% Upside)
Technical Analysis
Mapletree Industrial
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Equity Residential
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Vornado Realty
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Boston Properties
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SL Green Realty
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Best Analysts Covering ME8U
1 Year
1 Year Success Rate
1/4 ratings generated profit
1 Year Average Return
-3.00%
reiterated a buy rating 3 months ago
Copying Jonathan Koh's trades and holding each position for 1 Year would result in 25.00% of your transactions generating a profit, with an average return of -3.00% per trade.
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