Prosperity Real Estate Investment Trust
HKEX:808
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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EV/GP
Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.
Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.
Valuation Scenarios
If EV/GP returns to its 3-Year Average (12.5), the stock would be worth HK$1.45 (1% upside from current price).
| Scenario | EV/GP Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 12.5 | HK$1.44 |
0%
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| 3-Year Average | 12.5 | HK$1.45 |
+1%
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| 5-Year Average | 12.8 | HK$1.48 |
+2%
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| Industry Average | 9.9 | HK$1.15 |
-20%
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| Country Average | 4.2 | HK$0.49 |
-66%
|
Forward EV/GP
Today’s price vs future gross profit
Peer Comparison
| Market Cap | EV/GP | P/E | ||||
|---|---|---|---|---|---|---|
| HK |
|
Prosperity Real Estate Investment Trust
HKEX:808
|
2.3B HKD | 12.5 | -9.1 | |
| US |
|
Boston Properties Inc
NYSE:BXP
|
9.4B USD | 11.9 | 29.7 | |
| FR |
|
Covivio SA
PAR:COV
|
6.2B EUR | 14.2 | 8.4 | |
| JP |
|
Nippon Building Fund Inc
TSE:8951
|
1.1T JPY | 26.9 | 26.4 | |
| US |
|
COPT Defense Properties
NYSE:CDP
|
6.9B USD | 20.8 | 44.5 | |
| US |
|
Alexandria Real Estate Equities Inc
NYSE:ARE
|
7.1B USD | 8.6 | -4.9 | |
| US |
|
Vornado Realty Trust
NYSE:VNO
|
5.8B USD | 13.6 | 6.8 | |
| JP |
|
Japan Real Estate Investment Corp
TSE:8952
|
844.5B JPY | 23.6 | 23 | |
| AU |
|
Dexus
ASX:DXS
|
6.7B AUD | 16.4 | 13.1 | |
| SG |
|
Keppel REIT
SGX:K71U
|
4.4B | 0 | 0 | |
| US |
|
Cousins Properties Inc
NYSE:CUZ
|
4.3B USD | 11.2 | 105.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.9 |
| Median | 4.2 |
| 70th Percentile | 9 |
| Max | 31 061 831.6 |
Other Multiples
Prosperity Real Estate Investment Trust
Glance View
Prosperity Real Estate Investment Trust is a closed-ended investment trust, which owns properties in the decentralized business districts of Hong Kong. The objectives of the REIT are to produce stable and sustainable distributions to unitholders and to achieve long-term growth in the net asset value per unit, by investing in commercial properties portfolio in Hong Kong. The REIT owns high-quality offices, commercial properties, industrial and office properties and industrial properties in the decentralized business districts of Hong Kong. Its investment portfolio includes The Metropolis Tower, Prosperity Place, Trendy Center, New Treasure Center, Prosperity Millennia Plaza, Harbourfront Landmark and Prosperity Center. The REIT is managed by ARA Asset Management (Prosperity) Limited.
