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Sunlight Real Estate Investment Trust 00435

Morningstar Rating
HKD 1.67 +0.03 (1.83%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

00435 is trading at a 42% discount.
Price
HKD 1.61
Fair Value
HKD 2.42
Uncertainty
Very High
1-Star Price
HKD 5.65
5-Star Price
HKD 7.95
Economic Moat
Ncvpd
Capital Allocation
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Trading Information

Previous Close Price
HKD 1.64
Day Range
HKD 1.621.69
52-Week Range
HKD 1.483.21
Bid/Ask
HKD 1.67 / HKD 1.68
Market Cap
HKD 2.84 Bil
Volume/Avg
1.9 Mil / 1.9 Mil

Key Statistics

Price/Earnings (Normalized)
8.77
Price/Sales
3.52
Dividend Yield (Trailing)
11.98%
Dividend Yield (Forward)
11.98%
Total Yield
11.98%

Company Profile

Sunlight Real Estate Investment Trust invests in a portfolio of office and retail properties in Hong Kong. The office properties are located in core business areas, including the Central, Wan Chai, and Sheung Wan districts. Properties are also located in decentralized business areas of the city, including North Point, Mong Kok, and Yau Ma Tei. The major office properties include Sunlight Tower, Strand 50, Righteous Centre, and Winsome House Property. The retail properties are located in regional transportation hubs, towns, and urban areas, including Sheung Shui Centre Shopping Arcade, Metro City, and Kwong Wash Plaza. Henderson Sunlight Asset Management is the manager of Sunlight REIT.
Sector
Real Estate
Industry
REIT - Diversified
Stock Style Box
Small Value
Total Number of Employees

Comparables

Valuation

Metric
00435
01503
00808
Price/Earnings (Normalized)
8.7712.9510.73
Price/Book Value
0.210.300.26
Price/Sales
3.522.104.07
Price/Cash Flow
8.396.548.26
Price/Earnings
00435
01503
00808

Financial Strength

Metric
00435
01503
00808
Quick Ratio
1.362.950.21
Current Ratio
1.452.960.27
Interest Coverage
2.95−0.361.16
Quick Ratio
00435
01503
00808

Profitability

Metric
00435
01503
00808
Return on Assets (Normalized)
1.72%−0.25%0.28%
Return on Equity (Normalized)
2.40%−0.74%0.40%
Return on Invested Capital (Normalized)
2.54%0.82%1.51%
Return on Assets
00435
01503
00808
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