This REIT for 2,90 SGD could be a catch in the next month

2021년 8월 17일

Ascendas Real Estate Investment Trust is one of the leading Singapore REITS.

Currently the price is ok, but below 2,90 SGD could make it a cheap investment.

Current Price to FFO shows, that it is 19,88 it is a bit overvalued to the mean 16,99, which was last time on May 2020, and probably will not be seen for a while. But P/FFO with 19, will be ok for this REIT:

https://pasteboard.co/KgiUesq.png

Longterm the amount of assets is faster growing as the depts, which is only by about 50% right now. This also leads to a growing stock price year over year.

https://pasteboard.co/KgiWgbJ.png

General this REIT looks very sustainable and with a 2.49% its unfortunably not as profitable as I want it to be.

So i stay NEUTRAL, but if you prefere a high secure REIT and live with less return, it may be interesting.