Wharf Real Estate Investment Co Ltd WRFRF
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.
Trading Information
- Previous Close Price
- $3.26
- Day Range
- $3.18–3.18
- 52-Week Range
- $3.01–5.71
- Bid/Ask
- $2.86 / $2.98
- Market Cap
- $9.64 Bil
- Volume/Avg
- 61,616 / 32,399
Key Statistics
- Price/Earnings (Normalized)
- 12.25
- Price/Sales
- 5.67
- Dividend Yield (Trailing)
- 5.15%
- Dividend Yield (Forward)
- 0.63%
- Total Yield
- 5.15%
Company Profile
Wharf spun off Wharf Real Estate Investment Co in November 2017. It is a leading property investor with a focus in prime retail assets in Hong Kong. Rental income from two flagship assets Harbour City and Times Square account for around 80% of revenue. The balance is made up of The Murray hotel, a suburban mall in Plaza Hollywood, two offices in Central CBD. The group also holds two malls in Singapore and a mixed-development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city-center and waterfront locations. The Harbour City site was previously wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in Wharf REIC.
- Sector
- Real Estate
- Industry
- Real Estate Services
- Stock Style Box
- Large Value
- Total Number of Employees
- 2,900
- Website
- https://www.wharfreic.com
Competitors
Valuation
|
Metric
|
WRFRF
|
00012
|
01972
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.25 | 13.74 | 12.02 |
Price/Book Value | 0.39 | 0.34 | 0.32 |
Price/Sales | 5.67 | 4.07 | 6.30 |
Price/Cash Flow | 11.35 | — | 13.87 |
Price/Earnings
WRFRF
00012
01972
Financial Strength
|
Metric
|
WRFRF
|
00012
|
01972
|
|---|---|---|---|
Quick Ratio | 0.16 | 0.40 | 0.48 |
Current Ratio | 0.24 | 2.24 | 1.03 |
Interest Coverage | 3.54 | 8.25 | 7.92 |
Quick Ratio
WRFRF
00012
01972
Profitability
|
Metric
|
WRFRF
|
00012
|
01972
|
|---|---|---|---|
Return on Assets (Normalized) | 2.41% | 1.81% | 2.11% |
Return on Equity (Normalized) | 3.15% | 2.97% | 2.54% |
Return on Invested Capital (Normalized) | 3.30% | 2.49% | 2.33% |
Return on Assets
WRFRF
00012
01972
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