Singapore REIT Bubble Charts December 2021

These Bubble Charts are used to show the “relative” positions compared to other Singapore REITs and give additional hidden information to help in my research and analysis.

  1. Distribution Yield vs Price/NAV ** (Value Pick)
  2. Gearing Ratio vs Price/NAV (Risk Avoidance)
  3. Gearing Ratio vs Interest Coverage Ratio (Risk Avoidance)

** Distribution Yield are lagging.

 

Distribution Yield vs Price/NAV


Distribution Yield is based on TTM (trailing twelve months) basis. Therefore it is a lagging indicator.

 

Gearing Ratio vs Price/NAV


 

Gearing Ratio vs Interest Coverage Ratio


A slight correlation between Gearing Ratio and ICR can be observed. The lower the Gearing Ratio, the higher the ICR.

 

Compare to previous Singapore REIT Bubble Charts here!

Disclaimer: The analysis is for Author’s own use and NOT to be used as Buy / Sell recommendation. Graphs plotted are best-effort basis.

Kenny Loh is a Senior Financial Advisory Manager and REITs Specialist of Singapore’s top Independent Financial Advisor. He helps clients construct diversified portfolios consisting of different asset classes from REITs, Equities, Bonds, ETFs, Unit Trusts, Private Equity, Alternative Investments, Digital Assets and Fixed Maturity Funds to achieve an optimal risk adjusted return. Kenny is also a CERTIFIED FINANCIAL PLANNER, SGX Academy REIT Trainer, Certified IBF Trainer of Associate REIT Investment Advisor (ARIA) and also invited speaker of REITs Symposium and Invest Fair.  You can join my Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement
 
You can join my Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement

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