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First Real Estate Investment Trust (FRET)

Singapore
Currency in SGD
Disclaimer
0.270
0.000(0.00%)
Closed
FRET Scorecard
Full Analysis
RSI suggests the stock is in overbought territory
Trading near 52-week High
Fair Value
Day's Range
0.2650.270
52 wk Range
0.2050.270
Bid/Ask
0.265 / 0.265
Prev. Close
0.27
Open
0.27
Day's Range
0.265-0.27
52 wk Range
0.205-0.27
Volume
1,109,500
Average Vol. (3m)
1,273,623
1-Year Change
10.2%
Fair Value
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Fair Value Upside
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FRET Scorecardpro icon
Company’s Health
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Upsidepro lock
Price Target
0.290
Upside
+7.407%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low EBIT valuation multiple

First Real Estate Investment Trust Company Profile

First Real Estate Investment Trust (“First REIT” or the “Trust”), is a healthcare real estate investment trust focused on investing in income producing real estate properties which are primarily used for healthcare and healthcare related purposes. First REIT is managed by First REIT Management Limited (the “Manager”), which is headquartered in Singapore. The Manager is 40% directly held by OUE Healthcare Limited and 60% directly held by OUE Limited, who together are its Sponsors. As at 31 December 2023, the Trust has a portfolio of 32 properties across Asia, with a total asset value of S$1.14 billion. These include 15 properties in Indonesia comprising 11 hospitals, two integrated hospitals & malls, an integrated hospital & hotel and a hotel & country club; three nursing homes in Singapore; and 14 nursing homes in Japan. The Trust’s healthcare properties in Indonesia are operated by PT Siloam International Hospitals Tbk while healthcare properties in Singapore and Japan are operated by well-established third-party operators. With a vision to become Asia’s premier healthcare trust, First REIT is actively executing its ‘2.0 Growth Strategy’ of four well-defined strategic pillars to drive sustainable long-term growth. The four pillars are to diversify into developed markets, reshape portfolio for capital efficient growth, strengthen capital structure to remain resilient, and continue to pivot to ride megatrends.

Compare FRET to Peers and Sector

Metrics to compare
FRET
Peers
Sector
Relationship
P/E Ratio
9.0x25.1x7.7x
PEG Ratio
0.09−0.430.01
Price / Book
0.9x0.7x0.9x
Price / LTM Sales
5.3x6.0x3.8x
Upside (Analyst Target)
7.4%16.0%13.5%
Fair Value Upside
Unlock−10.2%2.1%Unlock

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FAQ

What Is the First REIT (FRET) Stock Price Today?

The First REIT stock price today is 0.27

What Stock Exchange Does First REIT Trade On?

First REIT is listed and trades on the Singapore stock exchange.

What Is the Stock Symbol for First REIT?

The stock symbol for First REIT is "FRET."

Does First REIT Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 9.04%.

What Is the First REIT Market Cap?

As of today, First REIT market cap is 564.36M.

What is First REIT Earnings Per Share?

The First REIT EPS is 0.03.

What Is the Next First REIT Earnings Date?

First REIT will release its next earnings report on Nov 06, 2024.
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