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General Information

360 Capital Industrial Fund
TIX
http://www.360capital.com.au
Industrial Real Estate Investment Trusts
375
152

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$2.47 $2.48 $2.50 $2.47 $2.47 14682 - ( No change )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Strong Buy
13/05/2015

Company Overview

Business Description
360 Capital Industrial Fund (TIX) is a property investment and funds management group that concentrates on the strategic investment and active investment of property and property related assets. 360 Capital Investment Management Limited is the responsible entity of the Fund. As at 31 December 2014, the portfolio consists of 22 Properties with 99.9% of Occupancy. The portfolio WALE is 5.8 years and WACR is 8.2%.
Strategy Analysis
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Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A 19.2 20.5 -22.2% 10.0 18.5 9.1% 0.0%
2013 A 13.6 26.3 0.0% 7.1 17.9 9.6% 0.0%
2012 A 0.0 0.0 0.0% 0.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Australian Industrial REIT (ANI) $223M 0.0000 0.0000 0.0000 19.8800 0.0000 0.0000 4.91% 0.00% 0.00%
BWP Trust (BWP) $2,075M -0.2727 0.0606 0.0232 21.5190 20.2889 19.8281 4.55% 4.92% 5.04%
Goodman Gp (GMG) $11,307M 0.0702 0.0752 0.0643 18.8101 17.4939 16.4373 3.21% 3.43% 3.71%
Industria REIT (IDR) $260M 0.0000 0.0000 0.0000 16.8694 0.0000 0.0000 4.59% 0.00% 0.00%
360 Captial (TIX) $374M -0.2222 0.0000 0.0000 12.0664 0.0000 0.0000 7.50% 0.00% 0.00%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 12.10 1.12 0.00
Market 1.06 14.50 1.04 0.61
Sector 1.60 15.50 1.20 2.34

Directors

Name Position Start Date
Mr Tony Robert Pitt Managing Director 16/12/2010
Mr Graham Ephraim Lenzner Non-Executive Director 01/10/2013
Mr Andrew Graeme Moffat Non-Executive Director 17/12/2010
Mr William John Ballhausen Non-Executive Director 16/12/2010
Mr David van Aanholt Non-Executive Director, Non-Executive Chairman 16/12/2010

Management

Name Position
Glenn Butterworth Chief Financial officer
Ben James Chief Investment Officer
Charisse Nortje Company Secretary

Substantial Shareholders

Holding Name
14,410,863 (12.74%) 360 Capital Investment Management Limited
7,734,211 (6.84%) First Samuel Limited

Calendar of Events

Date Event
02 February 2016 Report (Interim)
20 August 2015 Report (Prelim)
20 August 2015 Report (Annual)
01 June 2015 Issued Shares
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