Elanor Retail Property Fund Share Price and Company Fundamentals



Price
$1.135
Change
0.005 (0.442%)
52 week
1.01 - 1.15

Last traded: Today at 5:10 AM

Elanor Retail Property Fund (ASX:ERF) is an externally managed listed real estate investment fund investing in Australian retail property. The fund invests in high investment quality, non-discretionary retail based neighborhood and sub-regional shopping centers. The strategy of Elanor Retail Property Fund is to acquire assets that provide strong income and capital growth potential. The Elanor Retail Property Fund's management team has proven experience in identifying and managing high investment value retail property assets.

Key Metrics

PE ratio

40.76

PB ratio

1.27

Dividend yield

5.93%

Beta

0.66

Market cap

-

Enterprise value

-

Company profile

Primary activitiesOwns and manages a portfolio of retail shopping centre assets
Industry / SectorReal Estate Services / Real Estate
Websitehttps://www.elanorinvestors.com/ERF
Mailing address259 George Street Level 38 Sydney NSW 2000 Australia
Phone / Fax61 2 9239 8400 / 61 2 9239 8411
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Elanor Retail Property Fund Dividend history, yield and payout ratio

Dividend yield

5.93%

Dividend amount

$0.07

Payout ratio

241.31%

5Y Avg. yield

7.41%

Elanor Retail Property Fund paid $0.07 dividend and the ex-dividend date was 07 Oct 2022.The dividend payout ratio is 241.31%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ERF dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.

ERF's forward dividend amount is $0.07 and the forward dividend yield is 6.52%. 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 Oct 2022, following are the company executives and directors listed on Elanor Retail Property Fund.

NameTitleAgeTotal Pay
Mr. Glenn Norman WillisMD, CEO & Director of Elanor Funds Management Limited
Mr. Symon SimmonsCFO & Company Sec. of Elanor Funds Management Limited
Mr. Paul SiviourChief Operating Officer of Elanor Funds Management Limited
Mr. Michael BalivaCo-Head of Real Estate of Elanor Funds Management Limited
Mr. David BurgessCo-Head of Real Estate & Fund Mang.
Mr. Matt HealyHead of Retail, Devel. & Mixed USE

Profitability and management effectiveness

Profit margin

21.65%

Operating margin

48.37%

Return on assets

2.34%

Return on equity

2.29%

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 Elanor Retail Property Fund is and its enterprise value is .

The ERF's stocks Beta value is 0.66 making it 34% 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 Elanor Retail Property Fund (ERF)

Elanor Retail Property Fund (ASX:ERF) Frequently Asked Questions

1. What is Elanor Retail Property Fund's Stock Symbol?

Elanor Retail Property Fund trades on ASX under the ticker symbol "ERF".

2. What is Elanor Retail Property Fund's stock price today?

One share of ERF stock can currently be purchased for approximately $1.135.

3. How can I contact Elanor Retail Property Fund?

Elanor Retail Property Fund's mailing address is 259 George Street Level 38 Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9239 8400.

4. What is Elanor Retail Property Fund's official website?

The official website of Elanor Retail Property Fund is https://www.elanorinvestors.com/ERF.

5. Which share registry manages Elanor Retail Property Fund's stock?

Elanor Retail Property Fund's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.