- Yield = 8.02%
- Price-to-book Ratio = 0.809
- Assets per unit = $1.28
- Debt per unit = $0.477 (including current liabilities)
- Gearing = 37.3%
Frasers Hospitality Trust recently has a drop in their price which resulted in an increase in their yield. Well, it is starting to fit my indicators so let's take a look at the statistics.
Yield is at 8.02% which is the highest among hospitality trust. However, their price-to-book ratio is 0.809. It means we are buying at 20% discount to NAV. Not very cheap though because there are other hospitality trusts which are cheaper i.e. Far East Hospitality Trust. With a gearing of 37.3%, it looks quite safe.
This is one with an international portfolio so it depends on the world economy as a whole (in contrast to Far East Hospitality Trust). With the yield at a good place, it is worth considering although Far East Hospitality Trust still seems better.
Yield is at 8.02% which is the highest among hospitality trust. However, their price-to-book ratio is 0.809. It means we are buying at 20% discount to NAV. Not very cheap though because there are other hospitality trusts which are cheaper i.e. Far East Hospitality Trust. With a gearing of 37.3%, it looks quite safe.
This is one with an international portfolio so it depends on the world economy as a whole (in contrast to Far East Hospitality Trust). With the yield at a good place, it is worth considering although Far East Hospitality Trust still seems better.
Hi, could you share your excel to me? Thanks. My email: liewkianguo@gmail.com
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