Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 191.46M | 189.82M | 188.19M | 184.46M | 171.60M | 182.20M |
Gross Profit | 137.17M | 136.04M | 132.80M | 126.80M | 110.49M | 117.66M |
EBITDA | 130.84M | 115.88M | 136.00M | 143.51M | 120.01M | -56.16M |
Net Income | 64.14M | 62.67M | 28.17M | 49.95M | 54.43M | -97.41M |
Balance Sheet | ||||||
Total Assets | 2.83B | 2.84B | 2.86B | 3.00B | 3.08B | 3.08B |
Cash, Cash Equivalents and Short-Term Investments | 69.21M | 60.57M | 68.30M | 85.66M | 108.32M | 117.44M |
Total Debt | 1.03B | 1.04B | 1.15B | 1.18B | 1.21B | 1.22B |
Total Liabilities | 1.10B | 1.12B | 1.21B | 1.25B | 1.29B | 1.31B |
Stockholders Equity | 1.73B | 1.62B | 1.65B | 1.75B | 1.79B | 1.77B |
Cash Flow | ||||||
Free Cash Flow | 122.15M | 121.86M | 65.41M | 84.27M | 61.57M | 34.92M |
Operating Cash Flow | 128.89M | 136.60M | 83.24M | 84.27M | 96.51M | 64.68M |
Investing Cash Flow | 10.97M | -12.91M | 612.00K | -20.08M | -34.94M | -29.76M |
Financing Cash Flow | -131.67M | -130.68M | -96.01M | -82.78M | -71.94M | 8.60M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | S$1.18B | 17.64 | 4.09% | 6.99% | 2.00% | 224.44% | |
74 Outperform | S$816.09M | 14.44 | 5.45% | 9.01% | -3.56% | -10.89% | |
67 Neutral | S$1.30B | 21.99 | 3.16% | 6.77% | -8.34% | -22.51% | |
65 Neutral | $1.99B | 17.55 | 2.40% | 5.17% | -0.31% | 5.93% | |
65 Neutral | S$1.15B | 24.57 | 2.51% | 7.30% | 0.84% | -64.42% | |
63 Neutral | S$1.24B | 79.35 | -0.91% | 7.33% | -7.66% | -145.74% |
Starhill Global Real Estate Investment Trust has announced the extension of its property management agreement with YTL Starhill Global Property Management Pte. Ltd. for its Singapore properties, Ngee Ann City and Wisma Atria, for an additional five years. This extension ensures continuity in property management operations and maintains the existing terms and conditions, which supports stable management and operational efficiency. The extension is deemed an ‘interested person’ transaction under Singapore Exchange regulations but falls below the threshold requiring further action, indicating a stable financial position for the REIT.
The most recent analyst rating on (SG:P40U) stock is a Buy with a S$0.68 price target. To see the full list of analyst forecasts on Starhill Global Real Estate Investment stock, see the SG:P40U Stock Forecast page.
Starhill Global REIT has announced a rent review for its master lease with Toshin Development Singapore Pte Ltd, which is set to commence on 8 June 2025. The lease terms include an annual fixed rent that will be the higher of a 1% increase over the existing base rent or the prevailing market rental value, with adjustments based on valuations by three licensed valuers. The Toshin Master Lease is significant as it contributes to approximately 23.1% of Starhill Global REIT’s portfolio gross rent, highlighting its impact on the company’s financial performance.
The most recent analyst rating on (SG:P40U) stock is a Buy with a S$0.60 price target. To see the full list of analyst forecasts on Starhill Global Real Estate Investment stock, see the SG:P40U Stock Forecast page.
Starhill Global REIT has successfully redeemed its S$100 million 3.15% notes due in 2025, using proceeds from unsecured loan facilities. This redemption underscores the company’s proactive financial management and may enhance its financial flexibility, potentially benefiting stakeholders by maintaining robust operational stability.
The most recent analyst rating on (SG:P40U) stock is a Buy with a S$0.68 price target. To see the full list of analyst forecasts on Starhill Global Real Estate Investment stock, see the SG:P40U Stock Forecast page.
Starhill Global REIT has been informed by FTSE Group of changes to the Benchmark Index, effective from May 15, 2025. This amendment impacts the calculation of the performance fee for the REIT’s manager, which is based on the accumulated returns of the REIT compared to the Benchmark Index. The exclusion of Starhill Global REIT from the Benchmark Index could influence the performance fee structure, potentially affecting the financial incentives for the management.
The most recent analyst rating on (SG:P40U) stock is a Buy with a S$0.68 price target. To see the full list of analyst forecasts on Starhill Global Real Estate Investment stock, see the SG:P40U Stock Forecast page.
Starhill Global REIT has announced the issuance of 1,540,015 new units to its manager, YTL Starhill Global REIT Management Limited, as part payment of the base management fee for the first quarter of 2025. This issuance, priced at S$0.4889 per unit, reflects the company’s strategy to manage its financial obligations through a combination of cash and unit payments, thereby maintaining operational flexibility and aligning management interests with those of the stakeholders.