Valuation AmFirst Real Estate Investment Trust

Stocks

Delayed BURSA MALAYSIA 23:54:12 2026-09-14 EDT			5-day change	1st Jan Change
0.3500 ^MYR	0.00%		0.00%	+11.11%

09-04	Malaysian Blue-Chip Index Ends Week in Red Bucking Regional Gains	MT
09-04	AmFirst REIT Seeks Unitholders' Nod to Sell Menara AmBank for MYR331 Million	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Market Cap ¹	291.7	260.8	226.5	219.6	199.1	209.4
Change	-	-10.59%	-13.16%	-3.03%	-9.38%	5.17%
Enterprise Value (EV) ¹	1,105	1,072	979.5	975.9	962.1	974.5
Change	-	-2.91%	-8.66%	-0.37%	-1.41%	1.29%
P/E	107x	48.8x	16x	8.57x	8.08x	6.89x
PBR	0.35x	0.32x	0.28x	0.27x	0.24x	0.25x
PEG	-	0.5x	0x	0.1x	-2.13x	0.3x
Capitalization / Revenue	2.71x	2.62x	2.19x	2.16x	1.9x	1.9x
EV / Revenue	10.3x	10.8x	9.46x	9.61x	9.17x	8.83x
EV / EBITDA	-	-	-	-	-	-
EV / EBIT	20.5x	20.2x	18.9x	19.7x	18.2x	17.8x
EV / FCF	153x	81.5x	67.3x	49.9x	95.3x	-3.11x
FCF Yield	0.65%	1.23%	1.49%	2%	1.05%	-32.1%
Dividend per Share ²	0.0282	0.0302	0.027	0.02	0.024	0.0287
Rate of return	6.64%	7.95%	8.18%	6.25%	8.28%	9.41%
EPS ²	0.003969	0.007787	0.0207	0.0373	0.0359	0.0443
Distribution rate	711%	388%	131%	53.6%	66.8%	64.8%
Net sales ¹	107.7	99.72	103.5	101.5	104.9	110.3
EBITDA	-	-	-	-	-	-
EBIT ¹	53.77	53.13	51.78	49.52	52.93	54.7
Net income ¹	2.725	5.345	14.2	25.62	24.65	30.38
Net Debt ¹	812.8	811.5	753	756.2	763.1	765.2
Reference price ²	0.4250	0.3800	0.3300	0.3200	0.2900	0.3050
Nbr of stocks (in thousands)	686,402	686,402	686,402	686,402	686,402	686,402
Announcement Date	5/31/21	5/31/22	5/31/23	6/28/24	6/16/25	7/27/26

¹MYR in Million²MYR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
AMFIRST REAL ESTATE INVESTMENT TRUST	-	-	-	-	59.01M
REALTY INCOME CORPORATION	39.41x	15.31x	15.82x	5.48%	56.12B
SEGRO PLC	16.46x	23.17x	27.76x	3.5%	17.08B
UNIBAIL-RODAMCO-WESTFIELD SE	8.07x	11.94x	14.62x	5.94%	15.58B
CAPITALAND INTEGRATED COMMERCIAL TRUST	17.91x	16.33x	23.47x	5.27%	14.32B
KLÉPIERRE	9.29x	13.33x	15.88x	5.38%	12.2B
FEDERAL REALTY INVESTMENT TRUST	26.98x	10.79x	16.97x	3.99%	9.94B
MERLIN PROPERTIES SOCIMI, S.A.	7.69x	20.19x	27.31x	3.23%	9.43B
CAPITALAND ASCENDAS REIT	14.58x	11.77x	18.5x	6.47%	9.23B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	34.99x	7.52x	12.08x	5.63%	8.91B
Average	19.49x	14.48x	19.16x	4.99%	15.29B
Weighted average by Cap.	24.71x	15.12x	18.48x	5.11%