Sabana Industrial REIT (M1GU) AI Stock Analysis

• Market Cap: S$540.03M
• Dividend Yield: 6.71%
• Average Volume (3M): 692.43K
• Price to Earnings (P/E): 47.5
• Beta (1Y): 0.69
• Revenue Growth: 1.28%
• EPS Growth: -37.80%
• Country: SG
• Employees: 31
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Industrial
• EPS (TTM): N/A
• Shares Outstanding: 1,125,055,300
• 10 Day Avg. Volume: 469,360
• 30 Day Avg. Volume: 692,426
• PEG Ratio: -0.92
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 3.57
• P/FCF Ratio: 29.25
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.04
• Revenue Forecast (FY): S$131.59M

No summary available

Sabana Industrial REIT Business Overview & Revenue Model

Company Description

Sabana Industrial REIT (M1GU) is a real estate investment trust that focuses on the ownership and management of industrial properties across key markets. The REIT primarily invests in income-producing industrial assets, including warehouses and logistics facilities, that cater to various sectors such as e-commerce, manufacturing, and third-party logistics. By leveraging its expertise in real estate management, Sabana Industrial REIT aims to provide sustainable returns to its unitholders through a diversified portfolio of strategically located properties.

How the Company Makes Money

Sabana Industrial REIT generates revenue primarily through leasing its industrial properties to tenants, which provides a steady stream of rental income. The company benefits from long-term lease agreements, often with built-in rental escalations, that enhance its income stability. Additionally, Sabana may earn income from property management fees and other ancillary services related to the maintenance and operation of its assets. Key revenue streams include base rents, percentage rents linked to tenant sales, and income from any property development initiatives. The REIT may also engage in strategic partnerships with logistics firms and other businesses to optimize its property utilization and attract high-quality tenants, thereby bolstering its earnings.

Sabana Industrial REIT Financial Statement Overview

Summary

Sabana Industrial REIT demonstrates stable revenue growth and operational efficiency, but faces challenges in maintaining net profitability and free cash flow generation. The balance sheet remains strong with moderate leverage, but declining return on equity indicates potential profitability issues.

Income Statement

Sabana Industrial REIT shows a steady revenue growth rate of 4.9% in the latest year, with a consistent gross profit margin of 46.5%. However, the net profit margin has decreased to 10.0% from 16.2% the previous year, indicating pressure on profitability. The EBIT and EBITDA margins are stable at around 29.2%, reflecting operational efficiency.

Balance Sheet

The company maintains a moderate debt-to-equity ratio of 0.75, indicating a balanced approach to leverage. The return on equity has decreased to 2.0%, suggesting a decline in profitability relative to equity. The equity ratio stands at 55.1%, showing a strong equity base relative to total assets.

Cash Flow

Operating cash flow to net income ratio is healthy at 1.22, indicating strong cash generation relative to net income. However, free cash flow has declined by 7.3%, and the free cash flow to net income ratio is 0.39, suggesting challenges in converting earnings to free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	117.48M	113.31M	111.88M	94.91M	81.91M	71.70M
Gross Profit	59.09M	52.70M	51.34M	48.49M	51.95M	44.64M
EBITDA	13.37M	33.03M	39.19M	66.79M	61.70M	33.25M
Net Income	11.41M	11.37M	18.07M	52.77M	48.82M	-42.21M
Balance Sheet
Total Assets	1.03B	1.02B	1.01B	983.19M	971.65M	930.72M
Cash, Cash Equivalents and Short-Term Investments	25.33M	18.48M	16.07M	8.01M	25.86M	9.52M
Total Debt	431.89M	426.43M	391.46M	365.40M	388.30M	362.28M
Total Liabilities	469.57M	459.68M	429.55M	397.40M	415.68M	390.97M
Stockholders Equity	558.86M	564.90M	576.54M	585.79M	555.97M	539.75M
Cash Flow
Free Cash Flow	51.94M	13.81M	27.78M	45.85M	39.31M	25.14M
Operating Cash Flow	52.58M	35.55M	44.48M	48.53M	48.85M	40.14M
Investing Cash Flow	-20.92M	-21.67M	-16.70M	-2.67M	-9.53M	-14.98M
Financing Cash Flow	-31.99M	-11.46M	-7.29M	-63.70M	-22.99M	-19.74M

Sabana Industrial REIT Technical Analysis

• Last Price: 0.48

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:M1GU, the sentiment is undefined. The current price of 0.48 is equal to the 20-day moving average (MA) of ―, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a undefined sentiment for SG:M1GU.

Sabana Industrial REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Sabana Industrial REIT Corporate Events

Sabana Industrial REIT Trustee Issues Update to Unitholders

HSBC Institutional Trust Services (Singapore) Limited, acting as the trustee for Sabana Industrial REIT, has issued an update to its unitholders. The announcement serves to inform stakeholders of ongoing developments and ensures transparency in the management of the REIT, potentially impacting investor confidence and market positioning.

Sabana REIT Manager Bids Farewell with Strong Performance and Sustainability Goals

Sabana Real Estate Investment Management Pte. Ltd., the outgoing manager of Sabana Industrial REIT, expressed gratitude to stakeholders for their support. The REIT achieved its strongest quarterly performance since 2018, with 19 consecutive quarters of positive rental reversion. The company has focused on sustainability, generating solar energy across its properties, and aims to be carbon neutral by 2040. The message highlighted the contributions of staff, tenants, business partners, bankers, and regulators in achieving these milestones.

Sabana Industrial REIT Faces Financial Uncertainty Amid Management Changes

Sabana Industrial REIT has announced a material uncertainty regarding its ability to continue as a going concern, due to potential financial implications from the internalisation process and the need to refinance loans due in March 2026. The removal of its current manager, SREIM, could trigger mandatory prepayment clauses in existing unsecured loan agreements, posing a significant challenge to its financial stability.

Sabana Industrial REIT Trustee Issues Update to Unitholders

HSBC Institutional Trust Services, acting as the trustee for Sabana Industrial REIT, has issued an update to unitholders regarding previous statements. This communication is intended to keep stakeholders informed about the ongoing developments and management of the REIT, ensuring transparency and maintaining trust within the investment community.

Sabana Industrial REIT to Release 3Q 2025 Financial Results Amid Going Concern Uncertainty

Sabana Industrial REIT has announced that it will release its financial results for the third quarter of 2025 on October 22, 2025, after trading hours. This announcement is part of a compliance requirement due to a material uncertainty related to the REIT’s going concern status, highlighted by its auditors. The ongoing internalisation exercise could potentially impact the REIT’s financial stability, necessitating quarterly financial reporting to ensure transparency and maintain stakeholder confidence.

Sabana Industrial REIT Issues Update to Unitholders

Sabana Industrial REIT, through its trustee HSBC Institutional Trust Services, has issued an update to its unitholders. This announcement is part of ongoing communications from the trustee, aimed at keeping stakeholders informed about the trust’s activities and decisions. The update underscores the trust’s commitment to transparency and stakeholder engagement.

Sabana Industrial REIT Trustee Issues Update to Unitholders

HSBC Institutional Trust Services, acting as trustee for Sabana Industrial REIT, has issued an update to its unitholders. This announcement, intended for publication via SGXNet, aims to inform stakeholders of the latest developments regarding the trust’s operations, which could impact its market positioning and stakeholder interests.