Mindspace Business Parks REIT Unit 543217
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
- INR 353.43
- Day Range
- INR 351.31–355.50
- 52-Week Range
- INR 298.15–369.00
- Bid/Ask
- INR 0.00 / INR 0.00
- Market Cap
- INR 210.12 Bil
- Volume/Avg
- 1,632 / 6,068
Key Statistics
- Price/Earnings (Normalized)
- 50.45
- Price/Sales
- 8.80
- Dividend Yield (Trailing)
- 5.43%
- Dividend Yield (Forward)
- 5.40%
- Total Yield
- 5.43%
Company Profile
Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune and Chennai in India. The company's portfolio has five integrated business parks with superior infrastructure and amenities (such as restaurants, creches and outdoor sports arenas) and five quality independent offices.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Mid Core
- Total Number of Employees
- 192
- Website
- https://www.mindspacereit.com
Comparables
Valuation
|
Metric
|
543217
|
543261
|
543249
|
|---|---|---|---|
Price/Earnings (Normalized) | 50.45 | 253.69 | 312.49 |
Price/Book Value | 1.48 | 1.06 | 3.25 |
Price/Sales | 8.80 | 5.90 | 12.49 |
Price/Cash Flow | 18.93 | 49.20 | — |
Price/Earnings
543217
543261
543249
Financial Strength
|
Metric
|
543217
|
543261
|
543249
|
|---|---|---|---|
Quick Ratio | 0.29 | 0.37 | 0.38 |
Current Ratio | 0.40 | 0.43 | 1.74 |
Interest Coverage | 2.88 | 1.02 | 0.97 |
Quick Ratio
543217
543261
543249
Profitability
|
Metric
|
543217
|
543261
|
543249
|
|---|---|---|---|
Return on Assets (Normalized) | 2.50% | 0.13% | 0.45% |
Return on Equity (Normalized) | 4.02% | 0.27% | 1.05% |
Return on Invested Capital (Normalized) | 3.87% | 2.52% | 3.25% |
Return on Assets
543217
543261
543249
REIT - Office Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ARE
| Alexandria Real Estate Equities Inc | Jrgfgtm | Wmmm | $20.9 Bil | |
BXP
| Boston Properties Inc | Jzwnxdb | Qjwb | $9.6 Bil | |
GECFF
| Gecina Nom | — | Pbgxf | $8.0 Bil | |
NBFJF
| Nippon Building Fund Inc | — | Vkhwlx | $6.7 Bil | |
MRPRF
| Merlin Properties SOCIMI SA | — | Dyjcj | $5.4 Bil | |
DEXSF
| Dexus | — | Cwpqd | $5.0 Bil | |
MPCMF
| Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg | — | Vxvr | $4.8 Bil | |
VNO
| Vornado Realty Trust | Hqmhpmrz | Bqhy | $4.6 Bil | |
KRC
| Kilroy Realty Corp | Qcscfmcfk | Jtgfv | $4.0 Bil | |
SLG
| SL Green Realty Corp | Tchhhqqr | Nnch | $3.3 Bil |