M

Millerful No.1 Real Estate Investment Trust
TWSE:01010T

Watchlist Manager
Millerful No.1 Real Estate Investment Trust
TWSE:01010T
Watchlist
Price: 10.03 TWD Market Closed
Market Cap: 10.6B TWD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one 01010T stock under the Base Case scenario is 14.34 TWD. Compared to the current market price of 10.03 TWD, Millerful No.1 Real Estate Investment Trust is Undervalued by 30%.

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.

01010T Relative Value
Base Case
14.34 TWD
Undervaluation 30%
Relative Value
Price
M
Worst Case
Base Case
Best Case

Valuation Multiples

9.9
P/S
P/S
Price to Sales
9.9
vs History
77
vs Industry
13
Median 3Y
11.2
Median 5Y
12
Industry
3.8
More Details
15.4
P/E
P/E
Price to Earnings
15.4
vs History
77
vs Industry
33
Median 3Y
15.7
Median 5Y
16.4
Industry
16.8
More Details
15.7
P/OCF
P/OCF
Price to OCF
15.7
vs History
1
vs Industry
33
Median 3Y
0
Median 5Y
0
Industry
11.2
More Details
23.5
P/FCFE
P/FCFE
Price to FCFE
23.5
vs History
1
vs Industry
46
Median 3Y
0
Median 5Y
0
Industry
13.3
More Details
0.6
P/B
P/B
Price to Book Value
0.6
vs History
84
vs Industry
61
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9
More Details
17.9
EV/S
EV/S
Enterprise Value to Sales
17.9
vs History
46
vs Industry
8
Median 3Y
17.9
Median 5Y
17.9
Industry
6.7
More Details
19.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
19.4
vs History
46
vs Industry
20
Median 3Y
19.4
Median 5Y
19.4
Industry
12.3
More Details
21.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
21.6
vs History
39
vs Industry
21
Median 3Y
21.7
Median 5Y
21.6
Industry
16
More Details
21.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
21.7
vs History
39
vs Industry
29
Median 3Y
21.7
Median 5Y
21.6
Industry
19.3
More Details
28.3
EV/OCF
EV/OCF
Enterprise Value to OCF
28.3
vs History
1
vs Industry
31
Median 3Y
0
Median 5Y
0
Industry
18.6
More Details
28.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
28.3
vs History
1
vs Industry
30
Median 3Y
0
Median 5Y
0
Industry
20.2
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
41
vs Industry
48
Median 3Y
0.7
Median 5Y
0.7
Industry
0.8
More Details

Multiples Across Competitors

01010T Competitors Multiples
Millerful No.1 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
TW
Millerful No.1 Real Estate Investment Trust
TWSE:01010T
10.6B TWD 9.9 15.4 21.6 21.7
ZA
Growthpoint Properties Ltd
JSE:GRT
47B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
30.5B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
13.8B USD 8.6 32.2 16.4 27.3
ZA
Attacq Ltd
JSE:ATT
10.4B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD 17.8 41.2 37.5 47.3
AU
Stockland Corporation Ltd
ASX:SGP
12.6B AUD 4.1 28.1 24.8 24.8
FR
Gecina SA
PAR:GFC
6.6B EUR 9.5 21.3 22.4 22.9
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
7.5B Zac 0 0 0 0
ES
MERLIN Properties SOCIMI SA
MAD:MRL
6.3B EUR 12.5 20.7 24.1 24.4
ZA
Fairvest Ltd
JSE:FTA
7.4B Zac 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TW
M
Millerful No.1 Real Estate Investment Trust
TWSE:01010T
Average EV/EBITDA: 24.5
21.6
N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
0%
N/A
US
WP Carey Inc
NYSE:WPC
16.4
8%
2.1
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
37.5
-1%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
24.8
17%
1.5
FR
Gecina SA
PAR:GFC
22.4
5%
4.5
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
0%
N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
24.1
10%
2.4
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A

See Also

Summary
01010T intrinsic value, competitors valuation, and company profile.
DCF Valuation
01010T stock valuation using Discount Cash Flow valuation method.
Relative Valuation
01010T stock valuation using valuation multiples.
Wall Street Estimates
01010T 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
01010T 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
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