Elanor Retail Property Fund Share Price and Company Fundamentals
Last traded: Last Friday at 12:02 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.
|Primary activities||Owns and manages a portfolio of retail shopping centre assets|
|Industry / Sector||Real Estate Services / Real Estate|
|Mailing address||259 George Street Level 38 Sydney NSW 2000 Australia|
|Phone / Fax||61 2 9239 8400 / 61 2 9239 8411|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
5Y Avg. yield
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 6.49%. 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.
As of Oct 2022, following are the company executives and directors listed on Elanor Retail Property Fund.
|Mr. Glenn Norman Willis||MD, CEO & Director of Elanor Funds Management Limited|
|Mr. Symon Simmons||CFO & Company Sec. of Elanor Funds Management Limited|
|Mr. Paul Siviour||Chief Operating Officer of Elanor Funds Management Limited|
|Mr. Michael Baliva||Co-Head of Real Estate of Elanor Funds Management Limited|
|Mr. David Burgess||Co-Head of Real Estate & Fund Mang.|
|Mr. Matt Healy||Head of Retail, Devel. & Mixed USE|
Profitability and management effectiveness
Return on assets
Return on equity
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)
- Abacus Property Group (ABP)
- Bwp Trust (BWP)
- Charter Hall Group (CHC)
- Charter Hall Long Wale Reit (CLW)
- Charter Hall Retail Reit (CQR)
- Cromwell Property Group (CMW)
- Dexus (DXS)
- Goodman Group (GMG)
- Gpt Group (GPT)
- Growthpoint Properties Australia (GOZ)
- Ingenia Communities Group (INA)
- Lendlease Group (LLC)
- Mirvac Group (MGR)
- National Storage Reit (NSR)
- Scentre Group (SCG)
- Shopping Centres Australasia Property Group (SCP)
- Stockland (SGP)
- Unibail-rodamco-westfield (URW)
- Vicinity Centres (VCX)
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 $1.125.
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.