Fortune Real Estate Investment Trust
HKEX:778

Watchlist Manager
Fortune Real Estate Investment Trust Logo
Fortune Real Estate Investment Trust
HKEX:778
Watchlist
Price: 4 HKD -0.25% Market Closed
Market Cap: 8.1B HKD
Have any thoughts about
Fortune Real Estate Investment Trust?
Write Note

Intrinsic Value

The intrinsic value of one Fortune Real Estate Investment Trust stock under the Base Case scenario is 6.17 HKD. Compared to the current market price of 4 HKD, Fortune Real Estate Investment Trust is Undervalued by 35%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

Intrinsic Value
6.17 HKD
Undervaluation 35%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Fortune Real Estate Investment Trust

Backtest Intrinsic Value
Dive into the past to invest in the future

Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.

Start backtest now and learn if your stock is truly undervalued or overvalued!

Run Backtest
Backtest Conclusion
Very Attractive
Current Valuation
+45%
Avg Valuation
-12%
Worst Valuation
-49%
Best Valuation
+45%

Stock is trading at its lowest valuation over the past 5 years.

Backtest Example
Register to View Results
Register to View Results

To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.

Backtest Unavailable

The backtest for Fortune Real Estate Investment Trust cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.

Backtest In Progress...
Backtest In Progress...
How do you feel about Fortune Real Estate Investment Trust?
Bearish
Neutral
Bullish
Discover Undervalued Stocks
Real Estate Industry

Fundamental Analysis

Risks & Rewards

 

 

 

 

View All Risks & Rewards
Company Quality
No Indicators Selected
Select Indicators

Select up to 3 indicators:

Insider Trading
0-3
Months
0-6
Months
0-12
Months
0-36
Months
No Periods Selected
Select Periods

Select up to 2 periods:

Notes
AI Assistant
AI Assistant
Ask me anything about Fortune Real Estate Investment Trust

Provide an overview of the primary business activities
of Fortune Real Estate Investment Trust.

What unique competitive advantages
does Fortune Real Estate Investment Trust hold over its rivals?

What risks and challenges
does Fortune Real Estate Investment Trust face in the near future?

Is it considered overvalued or undervalued
based on the latest financial data?

Show all valuation multiples
for Fortune Real Estate Investment Trust.

Provide P/S
for Fortune Real Estate Investment Trust.

Provide P/E
for Fortune Real Estate Investment Trust.

Provide P/OCF
for Fortune Real Estate Investment Trust.

Provide P/FCFE
for Fortune Real Estate Investment Trust.

Provide P/B
for Fortune Real Estate Investment Trust.

Provide EV/S
for Fortune Real Estate Investment Trust.

Provide EV/GP
for Fortune Real Estate Investment Trust.

Provide EV/EBITDA
for Fortune Real Estate Investment Trust.

Provide EV/EBIT
for Fortune Real Estate Investment Trust.

Provide EV/OCF
for Fortune Real Estate Investment Trust.

Provide EV/FCFF
for Fortune Real Estate Investment Trust.

Provide EV/IC
for Fortune Real Estate Investment Trust.

Show me price targets
for Fortune Real Estate Investment Trust made by professional analysts.

What are the Revenue projections
for Fortune Real Estate Investment Trust?

How accurate were the past Revenue estimates
for Fortune Real Estate Investment Trust?

What are the Net Income projections
for Fortune Real Estate Investment Trust?

How accurate were the past Net Income estimates
for Fortune Real Estate Investment Trust?

What are the EPS projections
for Fortune Real Estate Investment Trust?

How accurate were the past EPS estimates
for Fortune Real Estate Investment Trust?

What are the EBIT projections
for Fortune Real Estate Investment Trust?

How accurate were the past EBIT estimates
for Fortune Real Estate Investment Trust?

Compare the revenue forecasts
for Fortune Real Estate Investment Trust with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of Fortune Real Estate Investment Trust and its key competitors using the latest financial data.

Compare historical revenue growth rates
of Fortune Real Estate Investment Trust against its competitors.

Analyze the profit margins
(gross, operating, and net) of Fortune Real Estate Investment Trust compared to its peers.

Compare the P/E ratios
of Fortune Real Estate Investment Trust against its peers.

Discuss the investment returns and shareholder value creation
comparing Fortune Real Estate Investment Trust with its peers.

Analyze the financial leverage
of Fortune Real Estate Investment Trust compared to its main competitors.

Show all profitability ratios
for Fortune Real Estate Investment Trust.

Provide ROE
for Fortune Real Estate Investment Trust.

Provide ROA
for Fortune Real Estate Investment Trust.

Provide ROIC
for Fortune Real Estate Investment Trust.

Provide ROCE
for Fortune Real Estate Investment Trust.

Provide Gross Margin
for Fortune Real Estate Investment Trust.

Provide Operating Margin
for Fortune Real Estate Investment Trust.

Provide Net Margin
for Fortune Real Estate Investment Trust.

Provide FCF Margin
for Fortune Real Estate Investment Trust.

Show all solvency ratios
for Fortune Real Estate Investment Trust.

Provide D/E Ratio
for Fortune Real Estate Investment Trust.

Provide D/A Ratio
for Fortune Real Estate Investment Trust.

Provide Interest Coverage Ratio
for Fortune Real Estate Investment Trust.

Provide Altman Z-Score Ratio
for Fortune Real Estate Investment Trust.

Provide Quick Ratio
for Fortune Real Estate Investment Trust.

Provide Current Ratio
for Fortune Real Estate Investment Trust.

Provide Cash Ratio
for Fortune Real Estate Investment Trust.

What is the historical Revenue growth
over the last 5 years for Fortune Real Estate Investment Trust?

What is the historical Net Income growth
over the last 5 years for Fortune Real Estate Investment Trust?

What is the current Free Cash Flow
of Fortune Real Estate Investment Trust?

Discuss the annual earnings per share (EPS)
trend over the past five years for Fortune Real Estate Investment Trust.

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Fortune Real Estate Investment Trust

Current Assets 205.1m
Cash & Short-Term Investments 106.7m
Receivables 60.3m
Other Current Assets 38.1m
Non-Current Assets 39.3B
Long-Term Investments 39B
Other Non-Current Assets 307.9m
Current Liabilities 1.7B
Accounts Payable 493.8m
Accrued Liabilities 217k
Other Current Liabilities 1.3B
Non-Current Liabilities 9.7B
Long-Term Debt 9B
Other Non-Current Liabilities 687.3m
Efficiency

Earnings Waterfall
Fortune Real Estate Investment Trust

Revenue
1.7B HKD
Cost of Revenue
-605.9m HKD
Gross Profit
1.1B HKD
Operating Expenses
-7.9m HKD
Operating Income
1.1B HKD
Other Expenses
-1.6B HKD
Net Income
-470.4m HKD

Free Cash Flow Analysis
Fortune Real Estate Investment Trust

Last Value
3-Years Average
FCF Margin
Conversion Rate
Fundamental Scores

Profitability Score
Profitability Due Diligence

Fortune Real Estate Investment Trust's profitability score is 60/100. The higher the profitability score, the more profitable the company is.

Positive Free Cash Flow
Positive Gross Profit
Positive Operating Income
Positive 3-Year Average ROIC
60/100
Profitability
Score

Fortune Real Estate Investment Trust's profitability score is 60/100. The higher the profitability score, the more profitable the company is.

Solvency Score
Solvency Due Diligence

Fortune Real Estate Investment Trust's solvency score is 33/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Low D/E
Low Altman Z-Score
Short-Term Solvency
33/100
Solvency
Score

Fortune Real Estate Investment Trust's solvency score is 33/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

Price Targets Summary
Fortune Real Estate Investment Trust

Wall Street analysts forecast Fortune Real Estate Investment Trust stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for Fortune Real Estate Investment Trust is 5.02 HKD with a low forecast of 4.55 HKD and a high forecast of 5.48 HKD.

Lowest
Price Target
4.55 HKD
14% Upside
Average
Price Target
5.02 HKD
26% Upside
Highest
Price Target
5.48 HKD
37% Upside
View Analyst Estimates
View Analyst Estimates
Want to learn more about Wall St estimates for Fortune Real Estate Investment Trust?

Click here to dive deeper.

Dividends

Dividend Yield
Lowest
Average
Highest
Dividend Per Share
N/A
Growth 3Y
Growth 5Y
Growth 10Y
Dividend Safety Score
Very
Unsafe
Unsafe
Safe
Very
Safe
0
25
50
75
100
Shareholder Yield

Current shareholder yield for Fortune Real Estate Investment Trust is .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

Shareholder Yield
Dividend Yield
Lowest
Average
Highest
Buyback Yield
Lowest
Average
Highest
Debt Paydown Yield
Lowest
Average
Highest

Profile

Fortune Real Estate Investment Trust Logo
Fortune Real Estate Investment Trust

Country

Hong Kong

Industry

Real Estate

Market Cap

8.1B HKD

Dividend Yield

9.06%

Description

Fortune Real Estate Investment Trust is a holding company, which engages in the acquisition and management of real estate properties. The principal activity of Fortune REIT is investment holding. The Company, through its subsidiaries owns and invests in a portfolio of retail shopping malls located in Hong Kong. The company holds a portfolio of approximately 20 private housing estate retail properties in Hong Kong consisting of approximately three million square feet of retail space and 2,710 car parking spaces. Its retail properties include Fortune City One, Fortune Kingswood, Fortune Metropolis, Ma On Shan Plaza, Metro Town, Laguna Plaza, Waldorf Avenue, Caribbean Square, Jubilee Square, Belvedere Square, Smartland, Lido Avenue, Provident Square, Centre de Laguna and Hampton Loft. The company house tenants from various trade sectors, such as supermarkets, food and beverage outlets, banks, real estate agencies and education providers. The company is managed by ARA Asset Management (Fortune) Limited, which is a subsidiary of ARA Asset Management Limited.

Contact

Unit 901, Level 9, Fortune Metropolis, 6 Metropolis Drive, Hunghom, Kowloon
+85221690928.0
www.fortunereit.com

IPO

2010-04-20

Employees

-

Officers

CEO & Executive Director of ARA Asset Management (Fortune) Limited
Ms. Yu Chiu CFA
Chief Financial Officer
Ms. Yuki Ng
Senior Director of Investments & Investor Relations of ARA Asset Management (Fortune) Limited
Ms. Yuen Chun Hung
Company Secretary of ARA Asset Management (Fortune) Limited
Ms. Mei Mei Low

See Also

Discover More
What is the Intrinsic Value of one Fortune Real Estate Investment Trust stock?

The intrinsic value of one Fortune Real Estate Investment Trust stock under the Base Case scenario is 6.17 HKD.

Is Fortune Real Estate Investment Trust stock undervalued or overvalued?

Compared to the current market price of 4 HKD, Fortune Real Estate Investment Trust is Undervalued by 35%.

Back to Top