IREIT Global (SG:UD1U)
SGX:UD1U
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IREIT Global
(SGX:UD1U)
Select Model
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Rating:43Neutral
Price Target:
S$0.23
▼(-24.33% Downside)
Action:ReiteratedDate:03/03/26
The score is primarily driven by deteriorating financial performance (sharp 2025 loss, materially weaker operating cash flow, and zero free cash flow) and very weak technical momentum (below key moving averages with negative MACD and very low RSI). A high dividend yield provides some support, but the negative P/E reflects ongoing losses and tempers the valuation benefit.
Positive Factors
Recurring rental income model
A core REIT business model centered on recurring base rent, tenant recoveries and ancillary income creates predictable cash flows. Over 2–6 months this supports distribution capacity and operating stability versus transaction-dependent revenue, aiding credit and planning.
Negative Factors
Severe cash flow deterioration
A dramatic drop in operating cash flow and elimination of free cash flow materially weakens the trust's ability to fund distributions, capex and interest without external financing. If this persists for multiple quarters, it undermines liquidity and raises refinancing or capital-raise risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring rental income model
A core REIT business model centered on recurring base rent, tenant recoveries and ancillary income creates predictable cash flows. Over 2–6 months this supports distribution capacity and operating stability versus transaction-dependent revenue, aiding credit and planning.
Read all positive factors
IREIT Global (UD1U) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$316.04M
Dividend Yield8.37%
Average Volume (3M)456.80K
Price to Earnings (P/E)―
Beta (1Y)0.36
Revenue Growth-32.17%
EPS Growth-868.48%
CountrySG
Employees742
SectorReal Estate
Sector Strength53
IndustryREIT - Office
Share Statistics
EPS (TTM)-0.07
Shares Outstanding1,344,837,500
10 Day Avg. Volume322,000
30 Day Avg. Volume456,800
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.57
Price to Sales (P/S)5.19
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
S$0.30Price Target Upside0.00%
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.03
Revenue Forecast (FY)S$60.00M
IREIT Global Business Overview & Revenue Model
Company Description
IREIT Global ("IREIT") is the first Singapore-listed real estate investment trust with the investment strategy of principally investing, directly or indirectly, in a portfolio of income-producing real estate in Europe which is used primarily for o...
How the Company Makes Money
IREIT Global makes money primarily by earning rental income from tenants occupying its properties. Lease contracts typically provide recurring base rent payments; depending on the lease terms, the REIT may also collect recoveries or reimbursements...
IREIT Global Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
54
Neutral
Cash Flow
33
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 65.51M | 49.74M | 75.57M | 64.98M | 61.65M | 52.17M |
| Gross Profit | 47.74M | 32.55M | 72.63M | 46.89M | 45.12M | 38.69M |
| EBITDA | 0.00 | -59.48M | 42.33M | -116.92M | 45.81M | 155.90M |
| Net Income | 9.12M | -61.68M | 8.60M | -105.33M | 36.44M | 128.49M |
Balance Sheet | ||||||
| Total Assets | 1.00B | 925.87M | 961.39M | 992.08M | 1.04B | 1.04B |
| Cash, Cash Equivalents and Short-Term Investments | 110.49M | 89.62M | 72.17M | 57.44M | 49.17M | 51.67M |
| Total Debt | 415.33M | 418.62M | 363.80M | 377.76M | 329.69M | 333.40M |
| Total Liabilities | 485.15M | 475.29M | 432.73M | 446.46M | 414.44M | 416.05M |
| Stockholders Equity | 519.83M | 450.58M | 528.65M | 545.62M | 624.70M | 619.45M |
Cash Flow | ||||||
| Free Cash Flow | 25.89M | 0.00 | 45.89M | 25.98M | 36.35M | 35.65M |
| Operating Cash Flow | 25.89M | 7.13M | 48.33M | 34.24M | 39.88M | 38.98M |
| Investing Cash Flow | -8.61M | -18.46M | 23.08M | -90.47M | -3.52M | -141.05M |
| Financing Cash Flow | 21.72M | 28.39M | -45.36M | 53.18M | -38.85M | 110.64M |
IREIT Global Technical Analysis
Negative
0.30
Price Trends
0.26
Negative
0.27
Negative
0.28
Negative
Market Momentum
>-0.01
Negative
37.51
Neutral
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:UD1U, the sentiment is Negative. The current price of 0.3 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.26, and above the 200-day MA of 0.28, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 37.51 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:UD1U.
IREIT Global Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | S$1.89B | 7.62 | 4.02% | 8.01% | 0.36% | 28.75% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
57 Neutral | S$2.02B | 69.70 | -0.48% | 6.03% | -7.25% | ― | |
56 Neutral | $263.05M | 12.97 | 2.75% | 2.40% | -5.79% | 143.55% | |
51 Neutral | $208.89M | ― | -0.27% | ― | 2.57% | 40.91% | |
43 Neutral | S$316.04M | ― | 0.97% | 8.37% | -32.17% | -868.48% | |
43 Neutral | $97.71M | -2.04 | -37.68% | ― | -32.02% | 55.49% |
* Real Estate Sector Average
SG:UD1U
IREIT Global
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IREIT Global Corporate Events
IREIT Global lifts occupancy and advances Berlin redevelopment in 1Q2026
Apr 28, 2026
IREIT Global reported a resilient first-quarter 2026 update, highlighting a committed occupancy rate of 92.2% and a weighted average lease expiry of 5.4 years, excluding its Berlin Campus repositioning project. The trust’s leverage remained ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.