Link Real Estate Investment Trust
SEHK-823
Company Overview
Link Real Estate Investment Trust (Hong Kong stock code: 823), managed by Link Asset Management Limited, is a leading retail-focused REIT in the world and Asia's largest REIT in terms of market capitalisation. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors and is a Hang Seng Index constituent stock. From its home in Hong Kong, Link manages a diversified portfolio including retail facilities, car parks and offices spanning Hong Kong, Beijing, Guangzhou, Shanghai, Shenzhen, London and Sydney. Link seeks to extend its portfolio growth trajectory and grasp expansion opportunities in different markets in pursuit of our medium-term target Vision 2025.
Name
Link Real Estate Investment Trust
CEO
Mr. Kwok Lung Hongchoy
Website
www.linkreit.com
Sector
Retail REITs
Year Founded
2005
Profile
Market Cap
HK$99.97B
EV
HK$155.47B
Shares Out
2,576.65M
Revenue
HK$12.95B
Employees
1,300
Margins
Gross
75.02%
EBITDA
67.67%
Operating
67%
Pre-Tax
-7.07%
Net
-15.31%
FCF
65.49%
Returns (5Yr Avg)
ROA
0.98%
ROTA
1.39%
ROE
1.39%
ROCE
3.76%
ROIC
3.76%
Valuation (TTM)
P/E
—
P/B
—
P/FFO
—
P/Adjusted FFO
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
HK$42.96
P/E
—
PEG
—
P/FFO
—
P/Adjusted FFO
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
HK$7,447M
Net Debt
HK$55.87B
Debt/Equity
0.35
EBIT/Interest
3.49
Growth (CAGR)
Rev 3Yr
6.43%
Rev 5Yr
5.23%
Rev 10Yr
6.11%
Dil EPS 3Yr
10.75%
Dil EPS 5Yr
-39.51%
Dil EPS 10Yr
-20.32%
Rev Fwd 2Yr
3.42%
EBITDA Fwd 2Yr
2.82%
EPS Fwd 2Yr
10.38%
EPS LT Growth Est
-0.92%
Dividends
Yield
—
Payout
-339.24%
DPS
HK$2.63
DPS Growth 3Yr
-3.25%
DPS Growth 5Yr
-0.64%
DPS Growth 10Yr
4.71%
DPS Growth Fwd 2Yr
0.87%