RAM ESSENTIAL SERVICES PROPERTY FUND (REP)
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REP - RAM ESSENTIAL SERVICES PROPERTY FUND

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 8.18
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.675

22 Oct
2024

0.005

OPEN

$0.67

0.75%

HIGH

$0.68

528,368

LOW

$0.67

TARGET
$0.78 15.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ABG . AOF . ARF . ASK . BWP . CDP . CDP . CHC . CIP . CLW . COF . CQE . CQR . DXC . DXI . DXS . ECF . GDF . GDI . HCW . HDN . NSR . PLG . RFF . RGN . SCG . TGP . URW . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS
REP: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx - 6.0 5.3 xxx
DPS (cps) xxx 5.7 5.1 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx 3.6% - 9.7% xxx
PE Ratio xxx N/A 12.6 xxx
Dividend Yield xxx N/A 7.6% xxx
Div Pay Ratio(%) xxx N/A 96.2% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

N/A

Estimated Dividend Growth
(Average Of Past Three Years)

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 28/12 - ex-div 1.4c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 20232024
EPS Basic xxx-4.4
DPS All xxx5.5
Sales/Revenue xxx55.7 M
Book Value Per Share xxx86.2
Net Operating Cash Flow xxx31.5 M
Net Profit Margin xxx-20.39 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20232024
Return on Capital Employed xxx-4.82 %
Return on Invested Capital xxx-2.20 %
Return on Assets xxx-1.45 %
Return on Equity xxx-4.82 %
Return on Total Capital xxx3.51 %
Free Cash Flow ex dividends xxx2.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20232024
Short-Term Debt xxx0 M
Long Term Debt xxx285 M
Total Debt xxx285 M
Goodwill - Gross xxx-
Cash & Equivalents - Generic xxx9 M
Price To Book Value xxx0.71

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20232024
Capex xxx0.0 M
Capex % of Sales xxx0.00 %
Cost of Goods Sold xxx23 M
Selling, General & Admin. Exp & Other xxx5 M
Research & Development xxx-
Investments - Total xxx686 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

05/07/2024

1

Buy

$0.82

21.48%

Through a broad sector update on A-REITs, UBS analysts argue the sector is now less likely to find support from RBA rate cuts (as many REITs are growth challenged and funds management benefits are harder to achieve) and valuations for the winners in the sector are seen as "stretched" in the here and now.

Developers are faced with tougher conditions, with asset sales on the menu (and a must for some). Performance fees for fund managers will be much harder to achieve.

UBS has reduced forecasts across the board, placing the broker's numbers below consensus in most cases.

The broker's rating for RAM Essential Services Property Fund remains Buy. The price target has adjusted to $0.82 from $0.84.

EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

REP STOCK CHART