Fortune Real Estate Investment (HK:0778)
:0778
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0778 Stock Chart & Stats
HK$4.81
-HK$0.01(-0.25%)
At close: 4:00 PM EST
HK$4.81
-HK$0.01(-0.25%)
Day’s Range― - ―
52-Week RangeHK$4.49 - HK$5.44
Previous CloseN/A
Volume1.07M
Average Volume (3M)2.89M
Market Cap
HK$9.71B
Enterprise ValueHK$19.75B
Total Cash (Recent Filing)HK$65.74M
Total Debt (Recent Filing)HK$9.86B
Price to Earnings (P/E)―
Beta0.54
Next Earnings
Aug 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield7.24%
Share Statistics
EPS (TTM)-0.57
Shares Outstanding2,061,863,800
10 Day Avg. Volume2,089,248
30 Day Avg. Volume2,889,869
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)0.40
Price to Sales (P/S)5.96
P/FCF Ratio14.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$5.62Price Target Upside16.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.29
Revenue Forecast (FY)HK$1.67B
Bulls Say, Bears Say
Bulls Say
Interest Cost SavingsA lower HIBOR should translate into interest cost savings, more than offsetting the shortfall in rental earnings, and supporting the forecasted 3% DPU growth in FY25.
Portfolio ResilienceNecessity based retail mall portfolio underpins resilience, with over 70% of the space leased to tenants in necessity goods/services trades.
Bears Say
Negative Rental ReversionsNegative rental reversions from supermarket and real estate agents should continue to weigh on the REIT’s near-term rental earnings outlook.
Rental Earnings DragPortfolio reversionary growth is expected to remain in negative territory, dragged by negative rental reversions from supermarket and real estate tenants, which should continue to drag its rental earnings in the near term.
0778 FAQ
What was Fortune Real Estate Investment’s price range in the past 12 months?
Fortune Real Estate Investment lowest stock price was HK$4.49 and its highest was HK$5.44 in the past 12 months.
What is Fortune Real Estate Investment’s market cap?
Fortune Real Estate Investment’s market cap is HK$9.71B.
When is Fortune Real Estate Investment’s upcoming earnings report date?
Fortune Real Estate Investment’s upcoming earnings report date is Aug 11, 2026 which is in 61 days.
How were Fortune Real Estate Investment’s earnings last quarter?
Fortune Real Estate Investment released its earnings results on Mar 10, 2026. The company reported -HK$0.245 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.245.
Is Fortune Real Estate Investment overvalued?
According to Wall Street analysts Fortune Real Estate Investment’s price is currently Undervalued.
Does Fortune Real Estate Investment pay dividends?
Fortune Real Estate Investment pays a Semiannually dividend of HK$0.168 which represents an annual dividend yield of 7.24%. See more information on Fortune Real Estate Investment dividends here
What is Fortune Real Estate Investment’s EPS estimate?
Fortune Real Estate Investment’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Fortune Real Estate Investment have?
Fortune Real Estate Investment has 2,061,863,800 shares outstanding.
What happened to Fortune Real Estate Investment’s price movement after its last earnings report?
Fortune Real Estate Investment reported an EPS of -HK$0.245 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.538%.
Which hedge fund is a major shareholder of Fortune Real Estate Investment?
Currently, no hedge funds are holding shares in HK:0778
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Fortune Real Estate Investment Stock Smart Score
Neutral
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9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.80%
12-Months-Change
Fundamentals
Return on Equity
-4.53%
Trailing 12-Months
Asset Growth
-4.65%
Trailing 12-Months
Company Description
Fortune Real Estate Investment
Launched in 2003, Fortune REIT operates as a real estate investment trust, structured under a trust deed that may be updated periodically. It is recognized as the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. The trust's portfolio presently comprises 16 retail properties located within private housing estates across Hong Kong, collectively offering three million square feet of commercial space and 2,713 car parking spots. These properties include Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Fortune Metropolis, Belvedere Square, Laguna Plaza, Waldorf Avenue, Caribbean Square, Jubilee Square, Smartland, Tsing Yi Square, Centre de Laguna, Hampton Loft, Lido Avenue, and Rhine Avenue. They cater to a diverse range of tenants, such as supermarkets, dining establishments, financial institutions, property agencies, and educational providers.
0778 Stock 12 Month Forecast
Average Price Target
HK$5.62
▲(16.84% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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