KIPREIT Relative Valuation - Kip Real Estate Investment Trust - Alpha Spread
K

Kip Real Estate Investment Trust
KLSE:KIPREIT

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Kip Real Estate Investment Trust
KLSE:KIPREIT
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Price: 0.91 MYR
Market Cap: 563m MYR
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Relative Value

The Relative Value of one KIPREIT stock under the Base Case scenario is 1.22 MYR. Compared to the current market price of 0.91 MYR, Kip Real Estate Investment Trust is Undervalued by 25%.

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.

KIPREIT Relative Value
Base Case
1.22 MYR
Undervaluation 25%
Relative Value
Price
K
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
27
Median 3Y
6
Median 5Y
5.5
Industry
2.2
Forward
5.3
vs History
14
vs Industry
30
Median 3Y
8.7
Median 5Y
8.9
Industry
16.5
Forward
11.6
vs History
4
vs Industry
15
Median 3Y
9
Median 5Y
9
Industry
10.4
vs History
74
vs Industry
23
Median 3Y
10.8
Median 5Y
10.8
Industry
14.8
vs History
11
vs Industry
51
Median 3Y
0.8
Median 5Y
0.8
Industry
1.6
vs History
93
vs Industry
24
Median 3Y
9.6
Median 5Y
9.4
Industry
3.2
Forward
6
vs History
93
vs Industry
26
Median 3Y
12.7
Median 5Y
12.2
Industry
6.8
vs History
93
vs Industry
12
Median 3Y
14.6
Median 5Y
14.3
Industry
11.2
Forward
7.8
vs History
93
vs Industry
13
Median 3Y
14.8
Median 5Y
14.4
Industry
13.2
Forward
9
vs History
14
vs Industry
12
Median 3Y
13.9
Median 5Y
14.1
Industry
11.6
vs History
17
vs Industry
11
Median 3Y
14.3
Median 5Y
14.5
Industry
12.7
vs History
93
vs Industry
51
Median 3Y
0.8
Median 5Y
0.8
Industry
1.5

Multiples Across Competitors

KIPREIT Competitors Multiples
Kip Real Estate Investment Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
MY
Kip Real Estate Investment Trust
KLSE:KIPREIT
559.9m MYR 5.5 11.9 9.3 9.4
US
Texas Gulf Energy Inc
OTC:TXGE
3.1T USD 247 663.3 -1 692 051.8 -615 122.7 -585 689.8
UK
Shaftesbury Capital PLC
JSE:SHC
3T Zac 0 0 0 0
CA
Advance Lithium Corp
XTSX:AALI
540.8B CAD 0 -149 874.8 -833 504.3 -833 504.3
US
Gould Investors LP
OTC:GDVTZ
245.5B USD 0 0 0 0
IN
SAB Industries Ltd
BSE:539112
2.8B INR 6.1 7.2 102.4 110.4
US
MCX Technologies Corp
XTSX:MCX
116.9B CAD 0 -734 444.6 -545 223.5 -545 223.5
NL
Nepi Rockcastle NV
JSE:NRP
87.2B Zac 0 0 0 0
US
GE Vernova LLC
NYSE:GEV
67.2B USD 0 0 0 0
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
754.2T IDR 24.4 196.4 67.4 67.4
US
Coupang Inc
F:788
39.3B EUR 1.6 41.7 60.5 127.8
P/E Multiple
Earnings Growth
MY
K
Kip Real Estate Investment Trust
KLSE:KIPREIT
Average P/E: 64.3
11.9
9%
US
T
Texas Gulf Energy Inc
OTC:TXGE
Negative Multiple: -1 692 051.8 N/A
UK
S
Shaftesbury Capital PLC
JSE:SHC
Not Available
-87%
CA
A
Advance Lithium Corp
XTSX:AALI
Negative Multiple: -149 874.8 N/A
US
G
Gould Investors LP
OTC:GDVTZ
Not Available N/A
IN
S
SAB Industries Ltd
BSE:539112
7.2
N/A
US
MCX Technologies Corp
XTSX:MCX
Negative Multiple: -734 444.6 N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-11%
US
G
GE Vernova LLC
NYSE:GEV
Not Available N/A
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
196.4
N/A
US
Coupang Inc
F:788
41.7
18%
EV/EBITDA Multiple
EBITDA Growth
MY
K
Kip Real Estate Investment Trust
KLSE:KIPREIT
Average EV/EBITDA: 59.9
9.3
N/A
US
T
Texas Gulf Energy Inc
OTC:TXGE
Negative Multiple: -615 122.7 N/A
UK
S
Shaftesbury Capital PLC
JSE:SHC
Not Available
52%
CA
A
Advance Lithium Corp
XTSX:AALI
Negative Multiple: -833 504.3 N/A
US
G
Gould Investors LP
OTC:GDVTZ
Not Available N/A
IN
S
SAB Industries Ltd
BSE:539112
102.4
N/A
US
MCX Technologies Corp
XTSX:MCX
Negative Multiple: -545 223.5 N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
22%
US
G
GE Vernova LLC
NYSE:GEV
Not Available
738%
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
67.4
N/A
US
Coupang Inc
F:788
60.5
261%
EV/EBIT Multiple
EBIT Growth
MY
K
Kip Real Estate Investment Trust
KLSE:KIPREIT
Average EV/EBIT: 78.8
9.4
N/A
US
T
Texas Gulf Energy Inc
OTC:TXGE
Negative Multiple: -585 689.8 N/A
UK
S
Shaftesbury Capital PLC
JSE:SHC
Not Available
45%
CA
A
Advance Lithium Corp
XTSX:AALI
Negative Multiple: -833 504.3 N/A
US
G
Gould Investors LP
OTC:GDVTZ
Not Available N/A
IN
S
SAB Industries Ltd
BSE:539112
110.4
N/A
US
MCX Technologies Corp
XTSX:MCX
Negative Multiple: -545 223.5 N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
40%
US
G
GE Vernova LLC
NYSE:GEV
Not Available N/A
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
67.4
N/A
US
Coupang Inc
F:788
127.8
330%

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