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Stoneweg European Real Estate Investment Trust (SET) AI Stock Analysis
Stoneweg European Real Estate Investment Trust
(SGX:SET)
The score is primarily driven by middling financial performance: profitability rebounded strongly, but leverage has been rising and free cash flow is volatile, which lowers confidence in sustainability. Technicals are weak with the stock trading below key moving averages and negative momentum signals, partially offset by supportive valuation metrics (low P/E and high dividend yield).
Stoneweg European Real Estate Investment Trust (SET) vs. iShares MSCI Singapore ETF (EWS)
- Market Cap
- EUR 810.50M
- Dividend Yield
- 9.44%
- Average Volume (3M)
- 338.67K
- Price to Earnings (P/E)
- 10.4
- Beta (1Y)
- 0.34
- Revenue Growth
- -1.11%
- EPS Growth
- 10.55%
- Country
- Singapore
- Employees
- 300
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- REIT - Diversified
Stoneweg European Real Estate Investment Trust Business Overview & Revenue Model
Company Description
Stoneweg European REIT (CEREIT) operates as a real estate investment trust, with its core strategy centered on acquiring and managing a diverse collection of revenue-generating properties across Europe, either directly or through indirect investments...
How the Company Makes Money
SET primarily makes money by owning and operating real estate assets and collecting contractual rental income from tenants under lease agreements. Revenue is typically supported by (i) base rents paid by commercial or residential tenants (depending o...
Stoneweg European Real Estate Investment Trust Financial Statement Overview
Summary
Financials show a strong rebound in profitability in the latest year (after a prior-year loss) and broadly stable revenue, but results are uneven over time. Rising leverage (debt-to-equity nearing ~0.93x) increases sensitivity to refinancing and asset-value moves, while free cash flow has been highly volatile with a steep recent decline, reducing cash-flow reliability.
Income Statement
62PositiveBalance Sheet
58NeutralCash Flow
47Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 213.20M | 217.38M | 212.92M | 212.92M | 222.10M | 200.12M |
| Gross Profit | 126.49M | 124.64M | 125.44M | 119.47M | 130.42M | 124.47M |
| EBITDA | 121.51M | 142.63M | -20.31M | 98.41M | 124.41M | 119.16M |
| Net Income | 34.69M | 79.03M | -73.90M | 35.48M | 41.95M | 96.60M |
Balance Sheet | ||||||
| Total Assets | 2.34B | 2.37B | 2.32B | 2.37B | 2.59B | 2.53B |
| Cash, Cash Equivalents and Short-Term Investments | 47.36M | 110.81M | 38.54M | 73.80M | 35.43M | 59.26M |
| Total Debt | 1.08B | 1.05B | 948.68M | 947.60M | 1.01B | 922.73M |
| Total Liabilities | 1.16B | 1.24B | 1.12B | 1.11B | 1.17B | 1.06B |
| Stockholders Equity | 1.18B | 1.13B | 1.21B | 1.26B | 1.42B | 1.48B |
Cash Flow | ||||||
| Free Cash Flow | 69.58M | 41.64M | 27.14M | 6.08M | 53.46M | 74.23M |
| Operating Cash Flow | 69.58M | 86.73M | 70.74M | 89.13M | 92.35M | 96.87M |
| Investing Cash Flow | -18.25M | 43.43M | -18.25M | 111.59M | -106.34M | -232.66M |
| Financing Cash Flow | -86.58M | -57.95M | -87.75M | -160.03M | -9.83M | 151.46M |
Stoneweg European Real Estate Investment Trust Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:SET, the sentiment is Negative. The current price of 1.43 is below the 20-day moving average (MA) of 1.45, below the 50-day MA of 1.48, and below the 200-day MA of 1.49, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 44.12 is Neutral, neither overbought nor oversold. The STOCH value of 31.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:SET.
Stoneweg European Real Estate Investment Trust Peers Comparison
Overall Rating
SG:JYEU80Outperform
SG:Q5T72Outperform
SG:P40U63Neutral- SG:SET55Neutral
SG:AU8U52Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SG:JYEU | 80Outperform | SGD 1.82B | 15.09 | 5.19% | 6.73% | 3.58% | 71.30% |
| SG:Q5T | 72Outperform | SGD 1.03B | 25.74 | 2.53% | 5.98% | 5.66% | 14.77% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| SG:P40U | 63Neutral | SGD 1.18B | 26.02 | 2.56% | 7.22% | 0.46% | -59.03% |
| SG:SET | 55Neutral | EUR 788.30M | 10.36 | 6.77% | 9.44% | -1.11% | 10.55% |
| SG:AU8U | 52Neutral | SGD 1.06B | -83.11 | -0.39% | 7.90% | -9.65% | -1366.67% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SG:SET | Stoneweg European Real Estate Investment Trust | 1.43 | -0.00 | -0.21% | |
| SG:P40U | Starhill Global Real Estate Investment Trust | 0.51 | -0.03 | -6.08% | |
| SG:AU8U | CapitaLand China Trust | 0.60 | -0.15 | -19.44% | |
| SG:JYEU | Lendlease Global Commercial REIT | 0.55 | -0.04 | -6.78% | |
| SG:Q5T | Far East Hospitality Trust | 0.52 | -0.06 | -11.05% |
Stoneweg European Real Estate Investment Trust Corporate Events
Stoneweg Europe Stapled Trust defers redemption of S$100m perpetuals to support platform internalisation
Stoneweg Europe Stapled Trust’s managers have decided not to redeem their S$100 million fixed rate subordinated perpetual securities on the 24 November 2026 first reset date, opting instead to reset the distribution rate in line with the instru...
Stoneweg Europe Stapled Trust Wins Top Singapore Corporate Governance Honour
Stoneweg Europe Stapled Trust, a Singapore-listed European logistics and data centre-focused stapled REIT and business trust backed by SWI Group, manages a €2.3 billion portfolio of predominantly freehold commercial properties across Western Eu...
SERT Targets Logistics-Led Growth as It Brings Management In-House
SERT outlined a strategy that combines its large-scale European logistics and light industrial portfolio with selective data-centre developments to drive long-term earnings, distribution per stapled security (DPS) and net asset value (NAV) growth. Th...
Stoneweg Europe Stapled Trust extends ESG winning streak with top GRESB and EPRA scores
Stoneweg Europe Stapled Trust has retained its four-star rating in the 2026 GRESB Real Estate Assessment with a score of 87, outperforming global and European peers, while improving its environmental score and achieving near-perfect social and govern...
Stoneweg Europe Stapled Trust details €10.1m net distribution uplift from manager internalisation
Stoneweg Europe Stapled Trust has clarified how it derived the pro forma net distribution benefit of €10.1 million associated with the proposed internalisation of its REIT manager, trustee-manager and asset management platform. The Managers det...
Fitch affirms Stoneweg European REIT at BBB with stable outlook
Fitch Ratings has affirmed Stoneweg European Real Estate Investment Trust’s long-term issuer default rating at BBB with a stable outlook, maintaining the same rating on its €1.5 billion medium-term note programme and €800 million of...
SERT to Internalise Management Platform in Bid to Become Integrated European Logistics and Digital Infrastructure REIT
Stoneweg European Real Estate Investment Trust has unveiled plans to internalise its REIT manager, BT trustee-manager and pan-European logistics and light industrial operating platform, effectively converting itself into a fully integrated European l...
Stoneweg Europe Stapled Trust to Internalise Management Platform and Expand Strategic Ties
Stoneweg Europe Stapled Trust plans to internalise its REIT manager, BT trustee-manager and pan-European logistics and light industrial asset and property management platform, bringing management of approximately €2.4 billion of its own assets...
Stoneweg Europe Stapled Trust, Sponsor Explore Structural Changes to Boost Long-Term Value
Stoneweg Europe Stapled Trust, a Singapore-listed platform combining a European REIT and business trust, invests in income-generating commercial real estate with a strategic focus on logistics and data centres across Western Europe. Its €2.2 bi...
Stoneweg Europe Stapled Trust refreshes board to bolster governance and succession
Stoneweg Europe Stapled Trust has announced a series of board changes at its managers as part of a wider renewal and succession plan. Chair Lim Swe Guan has been redesignated from Independent to Non-Independent Non-Executive Director while remaining...
Stoneweg Europe Stapled Trust Climbs Governance Ranks and Secures MSCI ESG ‘AA’ Rating
Stoneweg Europe Stapled Trust, a growth-focused European logistics and data centre real estate platform listed in Singapore, manages a €2.2 billion portfolio of largely freehold assets across key Western European markets. Backed by sponsor SWI...
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: Nov 05, 2026