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Axis Real Estate Investment Trust
KLSE:AXREIT

Watchlist Manager
Axis Real Estate Investment Trust
KLSE:AXREIT
Watchlist
Price: 2.03 MYR -0.98% Market Closed
Market Cap: 4.1B MYR

P/B

1.2
Current
4%
More Expensive
vs 3-y average of 1.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.2
=
Market Cap
MYR3.9B
/
Total Equity
3.4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.2
=
Market Cap
MYR3.9B
/
Total Equity
3.4B

Valuation Scenarios

Axis Real Estate Investment Trust is trading above its 3-year average

If P/B returns to its 3-Year Average (1.2), the stock would be worth MYR1.95 (4% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-41%
Maximum Upside
+10%
Average Downside
9%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.2 MYR2.03
0%
3-Year Average 1.2 MYR1.95
-4%
5-Year Average 1.2 MYR1.98
-2%
Industry Average 0.7 MYR1.19
-41%
Country Average 1.3 MYR2.22
+10%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Malaysia
Percentile
46th
Based on 453 companies
46th percentile
1.2
Low
0 — 0.8
Typical Range
0.8 — 2.5
High
2.5 —
Distribution Statistics
Malaysia
Min 0
30th Percentile 0.8
Median 1.3
70th Percentile 2.5
Max 2 591.7

Axis Real Estate Investment Trust
Glance View

Market Cap
4.1B MYR
Industry
Real Estate

Axis Real Estate Investment Trust engages in owning and investing in office and industrial real estate. The company is headquartered in Petaling Jaya, Selangor and currently employs 78 full-time employees. The company went IPO on 2005-08-03. The firm owns and invests primarily in office and industrial real estate. The Company’s investment objective is to provide unitholders with a stable and growing distribution of income, and to achieve long-term growth in the net asset value per unit of the Fund. The firm's portfolio consists of offices, office/industrial, hypermarkets, warehouse logistics and manufacturing facilities. The company has a diverse portfolio of approximately 53 properties that are located in the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah. Its sub-markets include Petaling Jaya, Subang Jaya, Shah Alam and Cyberjaya. Axis REIT Managers Berhad is the manager of the Company.

AXREIT Intrinsic Value
1.88 MYR
Overvaluation 7%
Intrinsic Value
Price MYR2.03
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