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1 Comment
Link Real Estate Investment Trust is currently in a long term uptrend where the price is trading 8.2% above its 200 day moving average.
From a valuation standpoint, the stock is 133.9% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 13.7.
Link Real Estate Investment Trust's total revenue sank by 1.9% to $5B since the same quarter in the previous year.
Its net income has dropped by 160.7% to $-4B since the same quarter in the previous year.
Finally, its free cash flow fell by 11.7% to $1B since the same quarter in the previous year.
Based on the above factors, Link Real Estate Investment Trust gets an overall score of 1/5.
Sector | Real Estate |
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Industry | REIT - Retail |
Exchange | HK |
CurrencyCode | HKD |
ISIN | HK0823032773 |
PE Ratio | None |
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Beta | 0.87 |
Market Cap | 90B |
Target Price | 43.035 |
Dividend Yield | 7.7% |
Link Real Estate Investment Trust, managed by Link Asset Management Limited, is the largest REIT in Asia, and a leading real estate investor and asset manager in the world. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors, and has no controlling unitholder. We invest and manage a diversified portfolio comprising retail facilities, car parks, offices and logistics centres. With our home in Hong Kong, our properties located in China's Beijing, Greater Bay Area (Hong Kong, Guangzhou and Shenzhen), and Yangtze River Delta centred around Shanghai, the UK's London and Australia's Sydney and Melbourne. We seek to extend our portfolio growth trajectory and grasp expansion opportunities in different markets in pursuit of being a world class real estate investor and manager. Asset management, portfolio management and capital management are three pillars of our management. We are committed to integrating Environment, Social and Governance (ESG) considerations into our strategy and daily operations.
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