- Link REIT‘s net property income for the fiscal year was HK$10.62 billion, aligning with market estimates of HK$10.51 billion.
- Total revenue for the fiscal year came in at HK$14.22 billion, slightly above the expected HK$14.16 billion.
- Revenue from Hong Kong Car Parks & Related Businesses reached HK$2.52 billion, surpassing the estimate of HK$2.49 billion.
- The dividend per share for the fiscal year was declared as HK$2.7234.
- The final dividend per share was set at HK$1.3745.
- Analyst sentiment on Link REIT is overwhelmingly positive with 19 buy recommendations and no hold or sell ratings.
Link REIT on Smartkarma
Analyst coverage of Link REIT on Smartkarma showcases a positive outlook from various analysts. Michael Fritzell highlights Link REIT as Asia’s largest REIT, emphasizing its strong liquidity and neighborhood malls in Hong Kong. Despite challenges during the pandemic, Link REIT is experiencing a recovery with a 7% dividend yield and potential growth in distribution per unit. Additionally, the anticipation of inclusion in the Stock Connect program adds to the overall optimism.
Jacob Cheng‘s analysis further supports the bullish sentiment towards Link REIT, presenting it as a stable investment option with good growth visibility. As the largest REIT in Asia with a diversified portfolio, Link REIT offers stability and potential for long-term investors. The current valuation is seen as attractive, providing an opportunity for those seeking stability in an uncertain market environment.
A look at Link REIT Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma’s Smart Scores, Link REIT looks to have a positive long-term outlook. With solid scores across Value, Dividend, Momentum, and Resilience, the company appears to be in a good position for growth and stability. Link REIT, a real estate investment trust in Hong Kong, has shown strength in value and dividend metrics, indicating a financially sound and investor-friendly approach. Although growth and resilience scores are slightly lower, the overall positive scores suggest a promising future for investors looking at Link REIT.
Link REIT, operating in the real estate sector in Hong Kong, has received favorable ratings in key areas such as value, dividend, and momentum. This signifies a strong foundation for the company, with potential for steady returns and market momentum. While growth and resilience are slightly lower, the overall outlook for Link REIT appears optimistic, positioning it as an attractive option for investors seeking a balance between stability and potential growth in the real estate market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
