Tuesday, 15 November 2016

Comparison among REITs (IGB, PAV, SUNREIT)

Comparison done on 16/11/2016 : 

IGB PAV SUNREIT
Date
EPS 7.52 9.36 10.96
P/E Ratio 20.64 17.98 15.3
Dividend 8.13 8.3 9.33
Dividend Yield (%) 5.28 4.94 5.55
NAB 1.0732 1.2536 1.3547
Share price 1.54 1.68 1.68
Comparison :  IGB vs SUNREIT IGB vs PAV PAV vs SUNREIT
EPS -31.4% -19.7% -14.6%
P/E Ratio 34.9% 14.8% 17.5%
Dividend -12.9% -2.0% -11.0%
Dividend Yield (%) -4.9% 6.9% -11.0%
NAB -20.8% -14.4% -7.5%
Share price -8.3% -8.3% 0.0%
Interpretation : 
IGB vs SUNREIT
EPS 31.4% lower than SUNREIT but DY only 4.9% lower, and share price 8.3% lower. 
=====> IGB is worth to buy compare to SUNREIT at this point.

IGB vs PAV
EPS 19.7% lower than PAV but DY is higher 6.9% compare to PAV, share price is 8.3% lower.
=====> IGB is worth to buy compare to PAV at this point.


PAV vs SUNREIT
EPS 14.6% lower than SUNREIT, but DY 11% lower, meanwhile share price is same.
=====> SUNREIT more worth to buy compare to PAV at this point.

Conclusion : 
TO BUY IGBREIT.
Target price : RM 1.50
Available : RM 500.
Unit can be purchase at RM 1.50 (include roughly water money) = 300units (3 lots)



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