S

SF Real Estate Investment Trust
HKEX:2191

Watchlist Manager
SF Real Estate Investment Trust
HKEX:2191
Watchlist
Price: 3.05 HKD -0.65% Market Closed
Market Cap: 2.5B HKD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

2191 price has not been updated for more than 1 year. This may indicate that the stock has been delisted.

The Relative Value of one SF Real Estate Investment Trust stock under the Base Case scenario is 5.01 HKD. Compared to the current market price of 3.05 HKD, SF Real Estate Investment Trust is Undervalued by 39%.

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
5.01 HKD
Undervaluation 39%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

5.6
P/S
P/S
Price to Sales
5.6
vs History
7
vs Industry
34
Median 3Y
5
Median 5Y
4.7
Industry
3.8
Forward
5.3
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
40
Median 3Y
5.4
Median 5Y
-8
Industry
17
Forward
10
More Details
10
P/OCF
P/OCF
Price to OCF
10
vs History
26
vs Industry
40
Median 3Y
9.6
Median 5Y
8.7
Industry
11.2
More Details
21.6
P/FCFE
P/FCFE
Price to FCFE
21.6
vs History
37
vs Industry
12
Median 3Y
22.1
Median 5Y
19
Industry
13.4
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
11
vs Industry
56
Median 3Y
0.5
Median 5Y
0.5
Industry
0.9
More Details
10.8
EV/S
EV/S
Enterprise Value to Sales
10.8
vs History
11
vs Industry
28
Median 3Y
10.2
Median 5Y
9.9
Industry
6.7
Forward
10.2
More Details
11.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
11.9
vs History
11
vs Industry
38
Median 3Y
11.3
Median 5Y
11
Industry
12.4
More Details
14.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
14.6
vs History
9
vs Industry
45
Median 3Y
13.8
Median 5Y
13.4
Industry
16.2
Forward
14
More Details
14.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
14.7
vs History
9
vs Industry
49
Median 3Y
13.8
Median 5Y
13.4
Industry
19.5
Forward
14
More Details
19.3
EV/OCF
EV/OCF
Enterprise Value to OCF
19.3
vs History
26
vs Industry
36
Median 3Y
18.8
Median 5Y
17.9
Industry
18.7
More Details
19.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
19.4
vs History
26
vs Industry
33
Median 3Y
18.9
Median 5Y
18.1
Industry
20.5
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
9
vs Industry
49
Median 3Y
0.6
Median 5Y
0.6
Industry
0.8
More Details

Multiples Across Competitors

Competitors Multiples
SF Real Estate Investment Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
SF Real Estate Investment Trust
HKEX:2191
2.5B HKD 5.6 -8.4 14.6 14.7
US
Prologis Inc
NYSE:PLD
96.6B USD 11.3 28.1 21.8 38.7
AU
Goodman Group
ASX:GMG
67.7B AUD 30 73.5 157.2 157.2
SG
ESR-REIT
OTC:CGIUF
16.1B USD 50.3 -188.4 85.7 85.7
SG
Ascendas Real Estate Investment Trust
SGX:A17U
12.4B 0 0 0 0
UK
SEGRO PLC
LSE:SGRO
8.6B GBP 12.2 13.8 26.9 27.7
US
Lineage Inc
NASDAQ:LINE
9.2B USD 1.7 -16.7 14.2 64.3
US
Rexford Industrial Realty Inc
NYSE:REXR
8.6B USD 8.7 28.1 16.9 30.1
US
Eastgroup Properties Inc
NYSE:EGP
8.4B USD 12.4 35.5 20.6 36.2
US
STAG Industrial Inc
NYSE:STAG
6.4B USD 8 27.3 16 32.1
US
First Industrial Realty Trust Inc
NYSE:FR
6.3B USD 9 23.3 19 29.6
P/E Multiple
Earnings Growth PEG
HK
S
SF Real Estate Investment Trust
HKEX:2191
Average P/E: 32.8
Negative Multiple: -8.4 		N/A N/A
US
Prologis Inc
NYSE:PLD
28.1
-7%
N/A
AU
Goodman Group
ASX:GMG
73.5
N/A N/A
SG
ESR-REIT
OTC:CGIUF
Negative Multiple: -188.4 N/A N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
1%
N/A
UK
SEGRO PLC
LSE:SGRO
13.8
-2%
N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -16.7 N/A N/A
US
Rexford Industrial Realty Inc
NYSE:REXR
28.1
6%
4.7
US
Eastgroup Properties Inc
NYSE:EGP
35.5
5%
7.1
US
STAG Industrial Inc
NYSE:STAG
27.3
12%
2.3
US
First Industrial Realty Trust Inc
NYSE:FR
23.3
-4%
N/A

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 274,500+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.