Fortune Real Estate Investment Trust
HKEX:778

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Fortune Real Estate Investment Trust
HKEX:778
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Price: 4.38 HKD -0.23% Market Closed
Market Cap: 8.9B HKD

Relative Value

The Relative Value of one Fortune Real Estate Investment Trust stock under the Base Case scenario is 7.45 HKD. Compared to the current market price of 4.38 HKD, Fortune Real Estate Investment Trust is Undervalued by 41%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
7.45 HKD
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
84
vs Industry
43
Median 3Y
5.4
Median 5Y
6.2
Industry
3.6
Forward
5
vs History
vs Industry
21
Median 3Y
8
Median 5Y
-3.9
Industry
16.3
Forward
13
vs History
79
vs Industry
50
Median 3Y
8.6
Median 5Y
9.8
Industry
10.9
vs History
44
vs Industry
37
Median 3Y
10.1
Median 5Y
11.9
Industry
12.8
vs History
82
vs Industry
79
Median 3Y
0.3
Median 5Y
0.4
Industry
0.8
vs History
49
vs Industry
35
Median 3Y
10.2
Median 5Y
10
Industry
6.5
Forward
10.1
vs History
39
vs Industry
37
Median 3Y
15.4
Median 5Y
15
Industry
11.8
vs History
41
vs Industry
44
Median 3Y
15.5
Median 5Y
15.2
Industry
15.5
Forward
15.5
vs History
41
vs Industry
47
Median 3Y
15.5
Median 5Y
15.2
Industry
18.7
Forward
15.4
vs History
41
vs Industry
45
Median 3Y
16.2
Median 5Y
15.8
Industry
18.4
vs History
41
vs Industry
40
Median 3Y
16.2
Median 5Y
15.8
Industry
20
vs History
53
vs Industry
68
Median 3Y
0.5
Median 5Y
0.5
Industry
0.7

Multiples Across Competitors

Competitors Multiples
Fortune Real Estate Investment Trust Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
Fortune Real Estate Investment Trust
HKEX:778
8.9B HKD 5.1 -18.9 15.7 15.7
US
Simon Property Group Inc
NYSE:SPG
52.6B USD 8.8 22.2 16.9 24.4
US
Realty Income Corp
NYSE:O
50.5B USD 9.6 59.6 16.2 32.9
SG
CapitaLand Integrated Commercial Trust
SGX:C38U
15.5B 0 0 0 0
US
Kimco Realty Corp
NYSE:KIM
14B USD 6.9 37.7 17.2 33.1
US
Regency Centers Corp
NASDAQ:REG
12.9B USD 8.8 33.2 18.9 33.5
HK
Link Real Estate Investment Trust
HKEX:823
94.1B HKD 6.7 -41 14.6 14.6
AU
Scentre Group
ASX:SCG
17.2B AUD 6.5 16.4 18.2 18.2
FR
Klepierre SA
PAR:LI
8.5B EUR 5.9 12.6 16.1 16.1
US
Agree Realty Corp
NYSE:ADC
8.2B USD 13.4 45.5 21.8 37
US
Federal Realty Investment Trust
NYSE:FRT
8.2B USD 6.9 28.8 16.6 30.1