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AIMS APAC REIT (O5RU) AI Stock Analysis

SG:O5RU

AIMS APAC REIT

(SGX:O5RU)

Select Model
Rating:68Neutral
Price Target:SGD 1.50â–²(9.49% Upside)
Action:reiterated
Date:10/29/26

The score is anchored by solid financial performance (strong current margins and cash-flow conversion, with improved but recently rising leverage) and attractive valuation (low P/E and high dividend yield). These positives are offset by weak technicals, with price below major moving averages and negative momentum indicators.

Positive Factors
Profitability and Cash ConversionVery high current margins and near one-to-one conversion of net income into free cash flow indicate strong earnings quality at the present run-rate. For a rental-income REIT, this supports recurring distributions, internal funding capacity, and resilience across the next several quarters.
Negative Factors
Recent Leverage IncreaseThe recent rise in debt relative to equity partially reverses the earlier deleveraging progress and reduces financial flexibility. If funding costs increase or refinancing conditions tighten, higher leverage could place more pressure on distributable income and constrain capital allocation over the medium term.

AIMS APAC REIT (O5RU) vs. iShares MSCI Singapore ETF (EWS)

-5%0%5%10%15%20%25%30%SG:O5RU+8.04%EWS+12.23%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
SGD 1.13B
Dividend Yield
7.33%
Average Volume (3M)
1.80M
Price to Earnings (P/E)
9.9
Beta (1Y)
0.34
Revenue Growth
6.07%
EPS Growth
225.82%
Country
Singapore
Employees
40
Sector
Real Estate
Sector Strength
65
Industry
REIT - Industrial

AIMS APAC REIT Business Overview & Revenue Model

Company Description

AIMS APAC REIT is a real estate investment trust listed on the Mainboard of the SGX-ST since 2007. AA REIT was established with the principal investment objective of owning and investing in a diversified portfolio of high-quality income-producing ind...

How the Company Makes Money

AIMS APAC REIT makes money primarily by owning real estate and earning recurring rental income from tenants leasing space in its properties. Its core revenue stream is contracted base rent under lease agreements, and its cash flow is influenced by po...

AIMS APAC REIT Financial Statement Overview

Summary

Strong current profitability and cash conversion: TTM margins are very high (~68% gross and ~70% net) and TTM free cash flow (~138.5M) closely matches net income (near 1:1). Balance sheet leverage improved substantially versus FY2022–FY2023, but debt-to-equity rose from the most recent annual level (~0.41x) to ~0.66x TTM. Main risk is variability in earnings/cash flow across periods.

Income Statement

78Positive

Balance Sheet

66Positive

Cash Flow

74Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue198.61M190.86M186.63M177.28M167.01M143.02M
Gross Profit135.14M125.00M120.54M119.72M106.70M85.39M
EBITDA131.50M165.84M83.79M89.45M104.76M88.58M
Net Income138.59M131.20M53.45M62.91M113.86M104.11M
Balance Sheet
Total Assets2.46B2.46B2.29B2.32B2.34B2.40B
Cash, Cash Equivalents and Short-Term Investments20.14M53.22M14.46M17.82M13.22M21.39M
Total Debt939.98M691.81M696.82M789.25M889.09M1.32B
Total Liabilities1.03B796.56M787.32M882.35M969.03M1.03B
Stockholders Equity1.43B1.67B1.50B1.43B993.85M1.00B
Cash Flow
Free Cash Flow138.46M88.80M101.10M87.81M76.13M72.19M
Operating Cash Flow138.51M88.83M126.52M117.28M79.18M79.61M
Investing Cash Flow-86.56M-51.37M-18.15M19.92M-10.95M-498.03M
Financing Cash Flow-46.78M904.00K-111.51M-132.52M-75.11M428.55M

AIMS APAC REIT Technical Analysis

Technical Analysis SentimentNeutral
Last Price1.37

Price Trends

50DMA1.39Negative
100DMA1.47Negative
200DMA1.45Negative

Market Momentum

MACD-0.01Negative
RSI49.02Neutral
STOCH14.29Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:O5RU, the sentiment is Neutral. The current price of 1.37 is above the 20-day moving average (MA) of 1.37, below the 50-day MA of 1.39, and below the 200-day MA of 1.45, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 49.02 is Neutral, neither overbought nor oversold. The STOCH value of 14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SG:O5RU.

AIMS APAC REIT Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

SG:O5RU against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
SG:A17USG:A17U76OutperformSGD 11.03B13.937.00%6.79%6.53%0.82%
SG:BUOUSG:BUOU71OutperformSGD 3.41B15.905.05%6.59%0.44%57.42%
SG:O5RUSG:O5RU68NeutralSGD 1.13B9.878.96%7.33%6.07%225.82%
SG:9A4USG:9A4U65NeutralSGD 1.60B97.061.71%11.20%4.85%―
Sector *65Neutral$2.17B12.193.79%4.94%3.15%1.96%
SG:M44USG:M44U63NeutralSGD 5.65B25.943.48%6.61%-0.67%1.92%
SG:ME8USG:ME8U62NeutralSGD 4.94B25.704.35%7.25%-5.23%-42.13%

* Real Estate Sector Average

Performance Comparison

-20%0%20%SG:O5RUSG:A17USG:9A4USG:M44USG:ME8USG:BUOUDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
SG:O5RU and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
SG:O5RUAIMS APAC REIT1.370.108.04%
SG:A17UCapitaLand Ascendas REIT2.21-0.47-17.44%
SG:9A4UESR-REIT1.98-0.62-23.76%
SG:M44UMapletree Logistics Trust1.10-0.17-13.73%
SG:ME8UMapletree Industrial Trust1.73-0.27-13.54%
SG:BUOUFrasers Logistics & Commercial Trust0.90-0.00-0.22%

AIMS APAC REIT Corporate Events

AIMS APAC REIT secures regulatory nod for new CEO as leadership reshuffle advances

Oct 1, 2026

AIMS APAC REIT has received regulatory approval from the Monetary Authority of Singapore to appoint Lim Joo Lee as chief executive officer with effect from 1 October 2026, succeeding Russell Ng, who stepped down to pursue other professional interests...

AIMS APAC REIT Quadruples Debt Programme Capacity to S$2 Billion

Sep 18, 2026

AIMS APAC REIT has expanded the limit of its multicurrency debt issuance programme from S$750 million to S$2 billion, enabling the trust to issue a larger volume of notes and perpetual securities to institutional and accredited investors. Standard Ch...

AIMS APAC REIT Unitholders Clear Key Mandates at 17th AGM

Aug 19, 2026

AIMS APAC REIT held its 17th annual general meeting in Singapore on 28 July 2026, where unitholders reviewed the trust’s performance for the year ended 31 March 2026 and engaged management on key agenda items. The meeting underscored the REIT&#...

AIMS APAC REIT Opens DRP for 1Q FY2027 Distribution

Aug 18, 2026

AIMS APAC REIT Management Limited has activated its distribution reinvestment plan for the 1Q FY2027 cash distribution of 2.337 Singapore cents per unit, sending election notices and related tax forms to eligible unitholders as of the 11 August recor...

AIMS APAC REIT Details Use of S$100 Million Equity Fund Raising

Aug 5, 2026

AIMS APAC REIT has detailed the deployment of the approximately S$100 million raised in its earlier equity fund raising, confirming that an additional S$10.7 million has recently been disbursed for asset enhancement initiatives. The manager reports t...

AIMS APAC REIT boosts payouts and balance sheet with Perth acquisition and sustainability-linked funding

Jul 30, 2026

AIMS APAC REIT reported a solid first quarter for FY2027, with gross revenue rising 6.6% year-on-year to S$50.6 million and net property income up 12.5% to S$38.4 million. Distributions to unitholders grew 3.4% to S$19.3 million and distribution per...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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: Oct 29, 2026