Stoneweg Europe Stapled Trust
SGX:SET

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Stoneweg Europe Stapled Trust
SGX:SET
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Price: 1.61 EUR 0.63% Market Closed
Market Cap: 899.5m EUR

Relative Value

The Relative Value of one SET stock under the Base Case scenario is 2.97 EUR. Compared to the current market price of 1.61 EUR, Stoneweg Europe Stapled Trust is Undervalued by 46%.

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.

SET Relative Value
Base Case
2.97 EUR
Undervaluation 46%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
Median 3Y
4
Median 5Y
4
Industry
3.8
Forward
4.6
vs History
0
vs Industry
Median 3Y
16
Median 5Y
16
Industry
16.2
Forward
12.1
vs History
0
vs Industry
Median 3Y
10.5
Median 5Y
10.5
Industry
11.2
vs History
0
vs Industry
Median 3Y
5.7
Median 5Y
5.7
Industry
12.8
vs History
0
vs Industry
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
vs History
0
vs Industry
Median 3Y
8.6
Median 5Y
8.6
Industry
6.9
Forward
9.6
vs History
0
vs Industry
Median 3Y
14.4
Median 5Y
14.4
Industry
12.5
vs History
0
vs Industry
Median 3Y
15.1
Median 5Y
15.1
Industry
15.8
Forward
15.1
vs History
0
vs Industry
Median 3Y
15.1
Median 5Y
15.1
Industry
19.1
Forward
15.1
vs History
0
vs Industry
Median 3Y
22.6
Median 5Y
22.6
Industry
18.5
vs History
0
vs Industry
Median 3Y
22.6
Median 5Y
22.6
Industry
20.5
vs History
0
vs Industry
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8

Multiples Across Competitors

SET Competitors Multiples
Stoneweg Europe Stapled Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Stoneweg Europe Stapled Trust
SGX:SET
902.9m EUR 4.2 16.9 15.5 15.5
ZA
Growthpoint Properties Ltd
JSE:GRT
57.5B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
37.4B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
14.3B USD 8.5 39.2 16.6 26.4
ZA
Attacq Ltd
JSE:ATT
11.4B Zac 0 0 0 0
ZA
Fairvest Ltd
JSE:FTA
11.1B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD 18.8 43.5 39.2 49.3
AU
Stockland Corporation Ltd
ASX:SGP
14.1B AUD 4.5 17 23.3 23.3
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
8.3B Zac 0 0 0 0
ES
MERLIN Properties SOCIMI SA
MAD:MRL
6.8B EUR 13.3 10.7 26.5 26.9
AU
Charter Hall Group
ASX:CHC
11.8B AUD 17.1 52.2 26.1 26.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Stoneweg Europe Stapled Trust
SGX:SET
Average EV/EBITDA: 24.5
15.5
3%
5.2
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-1%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
1%
N/A
US
WP Carey Inc
NYSE:WPC
16.6
8%
2.1
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
39.2
-2%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
23.3
19%
1.2
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
0%
N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
26.5
10%
2.7
AU
Charter Hall Group
ASX:CHC
26.1
21%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
Stoneweg Europe Stapled Trust
SGX:SET
Average EV/EBIT: 27.9
15.5
3%
5.2
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
5%
N/A
US
WP Carey Inc
NYSE:WPC
26.4
11%
2.4
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
49.3
N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
23.3
18%
1.3
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
26.9
20%
1.3
AU
Charter Hall Group
ASX:CHC
26.1
20%
1.3