Spring Real Estate Investment Trust
HKEX:1426
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (16.3), the stock would be worth HK$1.46 (5% upside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 15.6 | HK$1.39 |
0%
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| 3-Year Average | 16.3 | HK$1.46 |
+5%
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| 5-Year Average | 17.4 | HK$1.55 |
+12%
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| Industry Average | 13.8 | HK$1.24 |
-11%
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| Country Average | 9.6 | HK$0.85 |
-39%
|
Forward EV/EBITDA
Today’s price vs future ebitda
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| HK |
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Spring Real Estate Investment Trust
HKEX:1426
|
2.1B HKD | 15.6 | -9.9 | |
| US |
|
Boston Properties Inc
NYSE:BXP
|
9.3B USD | 12.9 | 33.5 | |
| US |
|
Alexandria Real Estate Equities Inc
NYSE:ARE
|
8.2B USD | 9.7 | -5.7 | |
| FR |
|
Covivio SA
PAR:COV
|
6.4B EUR | 15.4 | 8.6 | |
| JP |
|
Nippon Building Fund Inc
TSE:8951
|
1.2T JPY | 27.3 | 27 | |
| US |
|
COPT Defense Properties
NYSE:CDP
|
7.2B USD | 41.9 | 47.2 | |
| US |
|
Vornado Realty Trust
NYSE:VNO
|
5.5B USD | 15.9 | 6.6 | |
| JP |
|
Japan Real Estate Investment Corp
TSE:8952
|
853.7B JPY | 24.2 | 23.3 | |
| AU |
|
Dexus
ASX:DXS
|
6.6B AUD | 35.3 | 12.9 | |
| SG |
|
Keppel REIT
SGX:K71U
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4.5B | 0 | 0 | |
| JP |
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Kenedix Office Investment Corp
TSE:8972
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668.9B JPY | 22.1 | 19.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 4.8 |
| Median | 9.6 |
| 70th Percentile | 14.9 |
| Max | 9 749.3 |
Other Multiples
Spring Real Estate Investment Trust
Glance View
Spring Real Estate Investment Trust operates as a real estate investment trust. Its investment objective is to provide unitholders with stable distributions and the potential for sustainable long-term growth in distributions and enhancement in the value of the real estate assets. Its portfolio includes all of the office floors of Office Tower 1 and Office Tower 2 in China Central Place, as well as approximately 600 car parking spaces in the underground levels of the two office buildings. Spring REIT is managed by Spring Asset Management Limited.
