MPACT's Portfolio of High-Quality Singapore Assets Underpins a Resilient Earnings Profile
Mapletree Pan Asia Commercial Trust invests in a diversified portfolio of income-producing properties used for office and retail activities in Asia.
Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg S N2IU
Bulls Say, Bears Say
Bulls
Office workers fully returning to offices would result in higher demand for MPACT's office space.
Bears
Interest rates staying higher for longer, resulting in higher financing costs and cost of capital, would make it harder for the trust to identify yield-accretive acquisitions and grow distributions per unit.
Trading Information
- Previous Close Price
- SGD 1.21
- Day Range
- SGD 1.19–1.22
- 52-Week Range
- SGD 1.18–1.50
- Bid/Ask
- SGD 1.19 / SGD 1.20
- Shares Outstanding
- 5.29B
- Market Cap
- SGD 6.29B
- Volume/Avg
- 8M / 14M
Key Statistics
- Price/Earnings (Normalized)
- 23.16
- Price/Sales
- 7.90
- Dividend Yield (Trailing)
- 6.66%
- Dividend Yield (Forward)
- 6.66%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 6.66%
Company Profile
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 15 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 57% stake in the trust.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Mid Value
- Total Number of Employees
- 447
- Website
- https://www.mapletreepact.com
Competitors
Valuation
|
Metric
|
N2IU
|
C38U
|
J69U
|
|---|---|---|---|
Price/Earnings (Normalized) | 23.16 | 14.27 | 15.75 |
Price/Book Value | 0.69 | 1.03 | 0.92 |
Price/Sales | 7.90 | 10.21 | 9.84 |
Price/Cash Flow | 15.05 | 19.50 | 21.90 |
Price/Earnings
N2IU
C38U
J69U
Financial Strength
|
Metric
|
N2IU
|
C38U
|
J69U
|
|---|---|---|---|
Quick Ratio | 0.24 | 0.17 | 0.74 |
Current Ratio | 0.26 | 2.14 | 0.74 |
Interest Coverage | 2.61 | 5.84 | 3.58 |
Quick Ratio
N2IU
C38U
J69U
Profitability
|
Metric
|
N2IU
|
C38U
|
J69U
|
|---|---|---|---|
Return on Assets (Normalized) | 1.88% | 4.77% | 3.15% |
Return on Equity (Normalized) | 3.21% | 7.92% | 5.13% |
Return on Invested Capital (Normalized) | 2.78% | 5.92% | 4.20% |
Return on Assets
N2IU
C38U
J69U
REIT - Office Industry Comparables
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1-Day Chart
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United States