Apn Convenience Retail Reit Share Price and Company Fundamentals



Price
$3.67
Change
0.030 (0.824%)
52 week
3.36 - 3.97

Last traded: Last Friday at 6:10 AM

APN Convenience Retail REIT (ASX code: AQR) is a listed Australian real estate investment trust which owns high quality Australian service stations and convenience retail assets. The Fund's portfolio of 79 properties valued at approximately $445 million, is predominantly located on Australia's eastern seaboard and is leased to leading Australian and international convenience retail tenants. The portfolio provides a long lease expiry profile and contracted annual rent increases delivering the Fund a sustainable and strong level of income security. Convenience Retail has a target gearing range of 25 – 40% as part of its conservative approach to capital management. APN Convenience Retail REIT is governed by an Independent Board of Directors and is managed by APN Property Group, a specialist real estate investment manager established in 1996.

Key Metrics

PE ratio

15.75

PB ratio

2.38

Dividend yield

5.99%

Beta

0.48

Market cap

$452.99M

Enterprise value

$782.8M

Company profile

Primary activitiesA-REIT owing and leasing freehold property, particularly service station real estate assets.
Industry / SectorREIT—Retail / Real Estate
Websitehttp://apngroup.com.au/fund/apn-convenience-retail-reit/
Mailing address101 Collins Street Level 30 Melbourne VIC 3000 Australia
Phone / Fax61 3 8656 1000 / 61 3 8656 1010
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Apn Convenience Retail Reit Dividend history, yield and payout ratio

Dividend yield

5.99%

Dividend amount

$0.22

Payout ratio

47.90%

Apn Convenience Retail Reit paid $0.22 dividend and the ex-dividend date was 29 June 2021.The dividend payout ratio is 47.90%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.AQR dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

AQR's forward dividend amount is $0.22 and the forward dividend yield is 5.97%. 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 Convenience Retail Reit.

NameTitleAgeTotal Pay
Ms. Jessie ChenHead of Accounting of APN Funds Management Ltd.
Ms. Chantal Churchill B.Sc., BSc(Psych), GradDipHRMCompany Sec. and Head of Risk & Compliance

Profitability and management effectiveness

Profit margin

65.16%

Operating margin

81.56%

Return on assets

4.03%

Return on equity

13.57%

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 Convenience Retail Reit is 452.99M and its enterprise value is 782.8M. The enterprise value to revenue ratio of AQR is 21.06.

The AQR's stocks Beta value is 0.48 making it 52% 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 Convenience Retail Reit (AQR)

Apn Convenience Retail Reit (ASX:AQR) Frequently Asked Questions

1. What is Apn Convenience Retail Reit's Stock Symbol?

Apn Convenience Retail Reit trades on ASX under the ticker symbol "AQR".

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

One share of AQR stock can currently be purchased for approximately $3.67.

3. How can I contact Apn Convenience Retail Reit?

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

4. What is Apn Convenience Retail Reit's official website?

The official website of Apn Convenience Retail Reit is http://apngroup.com.au/fund/apn-convenience-retail-reit/.

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

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