Loading...
F

Fortune Real Estate Investment Trust (HKEX:778)

5.68 HKD -0.04 HKD ( -0.7% )
Watchlist Manager
Fortune Real Estate Investment Trust
HKEX:778
Watchlist

Intrinsic Value

The intrinsic value of one Fortune Real Estate Investment Trust stock under the Base Case scenario is 6.32 HKD. Compared to the current market price of 5.68 HKD, Fortune Real Estate Investment Trust is Undervalued by 10%.

The Intrinsic Value is calculated as the average of the two valuation methods:

Intrinsic Value
Base Case
6.32 HKD
Undervaluation 10%
Intrinsic Value
Price
F
Worst Case
Base Case
Best Case

Fundamental Analysis

Profitability Score
Profitability Due Diligence

Fortune Real Estate Investment Trust's profitability score is 55/100. The higher the profitability score, the more profitable the company is.

Low 3-Year Average ROE
Low 3-Year Average ROIC
Low ROIC
Negative 3-Years Revenue Growth
55/100
Profitability
Score

Fortune Real Estate Investment Trust's profitability score is 55/100. 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 37/100. The higher the solvency score, the more solvent the company is.

Low Altman Z-Score
Positive Net Debt
Short-Term Liabilities
Average Interest Coverage
37/100
Solvency
Score

Fortune Real Estate Investment Trust's solvency score is 37/100. The higher the solvency score, the more solvent the company is.

Wall Street
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 8.09 HKD with a low forecast of 7.17 HKD and a high forecast of 9.87 HKD.

Lowest
Price Target
7.17 HKD
26% Upside
Average
Price Target
8.09 HKD
42% Upside
Highest
Price Target
9.87 HKD
74% Upside
View Analyst Estimates
View Analyst Estimates

Insider Trading

Insider Trading
Buy and sell transactions by insiders

There is no information about any insider activity
Why is insider trading important?

Competitors

Competitors Valuation
Fortune Real Estate Investment Trust Competitors

Shareholder Return

Price
Fortune Real Estate Investment Trust

1M 1M
-10%
6M 6M
-16%
1Y 1Y
-22%
3Y 3Y
-22%
5Y 5Y
-17%
Annual Price Range
5.68
52w Low
5.52
52w High
7.9018
Price Metrics
Average Annual Return -1.22%
Standard Deviation of Annual Returns 9.32%
Max Drawdown -40%

Company Profile

Fortune Real Estate Investment Trust

Country

Hong Kong

Industry

Real Estate

Market Cap

11.3B HKD

Dividend Yield

8.12%

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
http://www.fortunereit.com

IPO

2010-04-20

Employees

-

Officers

CEO & Exec. Director of ARA Asset Management (Fortune) Limited
Ms. Yu Chiu CFA
Assistant Fin. Director
Ms. Yuki Ng
Director of Investments & Investor Relations of ARA Asset Management (Fortune) Limited
Ms. Yuen Chun Hung
Company Sec. of ARA Asset Management (Fortune) Limited
Mei Mei Low

See Also

Similar Stocks
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 6.32 HKD.

Is Fortune Real Estate Investment Trust stock undervalued or overvalued?

Compared to the current market price of 5.68 HKD, Fortune Real Estate Investment Trust is Undervalued by 10%.