Apn Industria Reit Share Price and Company Fundamentals



Price
$3.33
Change
-0.010 (-0.299%)
52 week
2.4 - 3.455

Last traded: Today at 3:39 AM

APN Industria REIT (‘Industria) (ASX code: ADI) is a listed Australian real estate investment trust which owns interests in office and industrial properties that provide functional and affordable workspaces for business. Industria's $824 million portfolio of 32 properties located across the major Australian cities provides sustainable income and capital growth prospects for security holders over the long term. Industria has a target gearing band of 30 – 40%, providing flexibility for future growth without compromising the low-risk approach to management. Industria is managed by APN Property Group, a specialist real estate investment manager established in 1996, and governed by a majority independent Board.

Key Metrics

PE ratio

16.73

PB ratio

1.55

Dividend yield

5.12%

Beta

0.73

Market cap

$722.61M

Enterprise value

$1.17B

Company profile

Primary activitiesOwnership of Australian real estate assets with a workspace sector focus.
Industry / SectorREIT—Office / Real Estate
Websitehttp://www.apngroup.com.au/fund/apn-industria-reit
Mailing addressLevel 30 101 Collins Street Melbourne VIC 3000 Australia
Phone / Fax61 3 8656 1000 / 61 3 8656 1010
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Apn Industria Reit Dividend history, yield and payout ratio

Dividend yield

5.12%

Dividend amount

$0.17

Payout ratio

79.14%

5Y Avg. yield

6.63%

Apn Industria Reit paid $0.17 dividend and the ex-dividend date was 29 June 2021.The dividend payout ratio is 79.14%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ADI dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.

ADI's forward dividend amount is $0.17 and the forward dividend yield is 5.21%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2021, following are the company executives and directors listed on Apn Industria Reit.

NameTitleAgeTotal Pay
Mr. Joseph Tindaro De Rango B.Com.Chief Financial Officer of APN Funds Management Limited
Ms. Jessie ChenHead of Accounting of APN Funds Management Limited
Mr. Alex AbellFund Mang.
Ms. Chantal Churchill B.Sc., BSc(Psych), GradDipHRMCompany Sec. and Head of Risk & Compliance of APN Funds Management Limited
Mr. David AverySr. Portfolio Mang.

Profitability and management effectiveness

Profit margin

63.82%

Operating margin

70.47%

Return on assets

2.98%

Return on equity

8.14%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Apn Industria Reit is 722.61M and its enterprise value is 1.17B. The enterprise value to revenue ratio of ADI is 19.02.

The ADI's stocks Beta value is 0.73 making it 27% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Apn Industria Reit (ADI)

Apn Industria Reit (ASX:ADI) Frequently Asked Questions

1. What is Apn Industria Reit's Stock Symbol?

Apn Industria Reit trades on ASX under the ticker symbol "ADI".

2. What is Apn Industria Reit's stock price today?

One share of ADI stock can currently be purchased for approximately $3.33.

3. How can I contact Apn Industria Reit?

Apn Industria Reit's mailing address is Level 30 101 Collins Street Melbourne VIC 3000 Australia. The company can be reached via phone at 61 3 8656 1000.

4. What is Apn Industria Reit's official website?

The official website of Apn Industria Reit is http://www.apngroup.com.au/fund/apn-industria-reit.

5. Which share registry manages Apn Industria Reit's stock?

Apn Industria Reit's stock is managed by LINK MARKET SERVICES LIMITED.