Singapore REIT Fundamental Analysis Comparison Table – 26 July 2013

FTSE ST Real Estate Investment Trusts (FTSE ST REIT) Index rebounded to 767.53 on July 26, 2013. However the index is trading below 200D SMA and technically bearish. Resistance at about 800.

FTSE ST REIT Index July26-2013

Compare to last month SREIT comparison table:

  • Price/NAV decreases from 1.09 to 1.086.
  • Dividend Yield decreases from 5.8% to 5.78%
  • Gearing Ratio decrease from 33.27% to 33.01%.

Note: Added SPH REIT & OUE Hospitality Trust.

Singapore REIT Fundamental Analysis Comparison 26-July-2013

 

 

I prepare this Singapore REIT comparison one week earlier because I am preparing for the REIT class course material.  If you are interested to learn how I do research on Singapore REIT and also time the entry / exit by learning the simple Trend Analysis, you may want to check out my next public tutorial “How to pick Singapore REIT for Dividend Investing” .

Is It A Good Time to Buy Singapore REIT Now?

Singapore REIT has been beaten down badly for about 15% from the recent peak. See below chart of FTSE ST-REIT Index. The index is currently trading below 200D SMA (about 800) and the 200D SMA is trading flat.

FTSE ST REIT Index July22-2013

So, are the Singapore REITs cheap now? Is it the right time to pick up some REITs with high distribution yield? I am not going to tell you the answer because I am not the certified analyst and brokers and unable to make any Buy or Sell recommendation. I am going to put up all the facts and charts here for reference to give me an overview of current situation for my investing decision making.

See Singapore REIT comparison tables for Fundamental Analysis. In general, most of Singapore REITs are still over value. Let’s look at the charts of some Singapore REITs with large market capitalization.

CapitaMall (S$7.02B, S$2.03)

2013Jul22-CapitaMall-800x600

Ascendas REIT (S$5.52B, S$2.30)

2013Jul22-Ascendasreit-800x600

CapitaComm (S$4.2B, S$1.465)

2013Jul22-CapitaComm-800x600

Suntec REIT (S$3.54B, S$1.57)

2013Jul22 SuntecReit-800x600

Keppel REIT (S$3.49B, S$1.30)

Keppel REIT July22-2013

MapletreeCom (S$2.53B, S$1.225)

Mapletreecom REIT

PLife REIT (S$1.47B, S$2.43)

PLife REIT Jul22-2013

In Summary base on the above charts, clearly the REITs are NOT trading in an uptrend. Some of them have broken 200D SMA and the charts are technically bearish. This means that the REIT prices can go even lower despite the current distribution yield looks attractive.

Check out How to Combine Fundamental & Technical Analysis to analyse Singapore REIT here.

Singapore REITs Comparison Table for Dividend Investing as Passive Income – July 2013

Technically Singapore REITs enter bear market because FTSE S-REIT Index has dropped below 200D SMA. Current FTSE S-REIT Index is 761.62 and trading in a down trend channel.FTSE ST REIT Index July2-2013

Compare to last month SREIT comparison table:

  • Price/NAV decreases from 1.12 to 1.09.
  • Dividend Yield increases from 5.6% to 5.8%
  • Gearing Ratio remain the same as 33.27%.

Singapore S-REIT stock comparison table 2July-2013

Doing Fundamental Analysis of Singapore REIT is relatively easier than stock. If you are interested to learn how to do research on Singapore REIT and also time the entry / exit by learning the simple Trend Analysis, you may want to check out my next public tutorial “How to pick Singapore REIT for Dividend Investing” .