RAM Essential Services Property Fund (REP) AI Stock Analysis

• Market Cap: AU$308.22M
• Dividend Yield: 8.06%
• Average Volume (3M): 302.31K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.47
• Revenue Growth: 4.20%
• EPS Growth: 50.11%
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): >-0.01
• Shares Outstanding: 501,165,400
• 10 Day Avg. Volume: 258,130
• 30 Day Avg. Volume: 302,307
• PEG Ratio: 0.52
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 2.49
• P/FCF Ratio: 5.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.70
• Price Target Upside: 12.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 53 Neutral
• Price Target: AU$0.50 ▼(-19.35% Downside)

The overall stock score is primarily influenced by the company's strong revenue growth and positive technical indicators. However, the negative profitability metrics and high leverage are significant concerns. The high dividend yield provides some compensation for the risks associated with negative earnings.

RAM Essential Services Property Fund Business Overview & Revenue Model

Company Description

RAM Essential Services Property Fund (REP) is a real estate investment trust (REIT) that focuses on investing in high-quality Australian properties across the healthcare and essential services sectors. The fund aims to deliver stable and growing income to its investors through a diversified portfolio of assets, including medical centers, private hospitals, government facilities, and key essential service providers. REP emphasizes long-term leases with reliable tenants, ensuring consistent rental income and potential capital growth.

How the Company Makes Money

RAM Essential Services Property Fund generates revenue primarily through rental income from its portfolio of properties. The company leases its real estate assets to tenants in the healthcare and essential services sectors, such as medical practices, hospitals, and government agencies, under long-term lease agreements. These leases often include fixed rent increases or rent linked to inflation, providing a stable and predictable income stream. Additionally, REP may benefit from property value appreciation, which can enhance the fund's net asset value and potentially result in gains upon the sale of properties. The fund's strategy of focusing on essential services properties ensures a steady demand for its spaces, contributing to its financial stability. Any partnerships with property managers or other stakeholders could also enhance the operational efficiency and profitability of the fund.

RAM Essential Services Property Fund Financial Statement Overview

Summary

RAM Essential Services Property Fund shows strong revenue growth but struggles with profitability, as evidenced by negative net margins and return on equity. The company is highly leveraged, which could be risky in volatile markets. While cash flow generation is stable, the decline in free cash flow growth is a potential concern. Overall, the company needs to focus on improving profitability and managing its debt levels.

Income Statement

The company has shown a significant revenue growth rate of 27.21% in the latest year, indicating strong top-line growth. However, the net profit margin remains negative at -9.56%, reflecting ongoing profitability challenges. The EBIT margin is healthy at 44.37%, suggesting operational efficiency, but the negative net income is a concern.

Balance Sheet

The debt-to-equity ratio is relatively high at 1.35, indicating significant leverage, which could pose financial risks. The return on equity is negative at -2.78%, showing that the company is not generating profits from shareholders' equity. The equity ratio is not provided, but the high debt levels suggest a need for cautious financial management.

Cash Flow

The free cash flow growth rate is negative at -14.32%, which is concerning. However, the free cash flow to net income ratio is 1.0, indicating that the company is generating cash flow equivalent to its net income, despite the latter being negative. The operating cash flow is robust, but the decline in free cash flow growth needs attention.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	57.88M	57.88M	55.66M	56.32M	36.51M
Gross Profit	57.88M	57.88M	55.66M	35.03M	4.98M
EBITDA	33.54M	33.54M	31.96M	36.73M	15.14M
Net Income	-5.53M	-5.53M	-11.36M	-15.66M	42.53M
Balance Sheet
Total Assets	690.66M	690.66M	751.55M	816.83M	832.33M
Cash, Cash Equivalents and Short-Term Investments	4.40M	4.40M	9.41M	11.95M	15.82M
Total Debt	267.21M	267.21M	284.51M	300.43M	257.01M
Total Liabilities	292.55M	292.55M	307.06M	312.56M	281.68M
Stockholders Equity	198.62M	198.62M	220.43M	250.60M	282.44M
Cash Flow
Free Cash Flow	24.43M	24.43M	31.50M	19.72M	5.07M
Operating Cash Flow	24.43M	24.43M	31.50M	19.72M	5.07M
Investing Cash Flow	21.18M	21.18M	18.78M	-35.50M	-157.73M
Financing Cash Flow	-50.62M	-50.62M	-52.82M	11.90M	160.67M

RAM Essential Services Property Fund Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:REP, the sentiment is Positive. The current price of 0.62 is above the 20-day moving average (MA) of 0.61, above the 50-day MA of 0.61, and above the 200-day MA of 0.57, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.41 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:REP.

RAM Essential Services Property Fund Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAM	74 Outperform	AU$73.82M	10.35	32.22%	6.84%	22.67%	19.47%
FID	72 Outperform	AU$394.91M	21.23	32.31%	3.71%	10.61%	23.34%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
TGP	66 Neutral	€58.53M	13.82	3.00%	4.27%	77.63%	1420.00%
REP	53 Neutral	AU$308.22M	―	-2.64%	8.06%	4.20%	50.11%
CVC	41 Neutral	AU$233.27M	434.78	0.31%	―	36.51%	―

RAM Essential Services Property Fund Corporate Events

RAM Essential Services Property Fund Announces June 2025 Quarter Distribution

RAM Essential Services Property Fund announced the distribution details for the June 2025 quarter, with a payment of 1.2500 cents per stapled security scheduled for 30 July 2025. This announcement outlines the tax implications for non-resident investors and highlights the fund’s status as an attribution managed investment trust, emphasizing its commitment to delivering stable returns and growth opportunities to its stakeholders.

The most recent analyst rating on (AU:REP) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on RAM Essential Services Property Fund stock, see the AU:REP Stock Forecast page.

RAM Essential Services Property Fund Announces Quarterly Dividend Distribution

RAM Essential Services Property Fund announced a new dividend distribution of AUD 0.0125 per fully paid unit stapled security for the quarter ending June 30, 2025. The ex-date for the dividend is June 27, 2025, with a record date of June 30, 2025, and payment scheduled for July 30, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors, potentially enhancing its attractiveness in the real estate investment market.

The most recent analyst rating on (AU:REP) stock is a Buy with a A$0.82 price target. To see the full list of analyst forecasts on RAM Essential Services Property Fund stock, see the AU:REP Stock Forecast page.