Arena REIT (ARF) - Research

$2.840 0.01 (0.35%)

ARF General Information +

ASX Code ARF
Website http://www.arena.com.au
GICS Sub-Industry Health Care REITs
Market Cap ($M) 827
Current Price $2.840
Day High $2.870
Day Low $2.820
Last Close $2.850
Price Movement $0.01 ( 0.35% )
Prices as at 12:30, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Arena REIT (ARF)
BUY
below
HOLD
up to
SELL
above
Current Price
$2.840 as at 12:30, 19 Jun 2019

Price at review
$2.840 on 29 Mar 19

Business Risk

Share Price Risk

ARF Related Research

ARF Company Overview

Business Description

Arena REIT (ARF) is an internally managed stapled real estate group that owns, manages and develops specialised real estate assets across Australia. A security in ARF comprises one security in Arena REIT Limited; one security in Arena REIT No.1; and one security in Arena REIT No.2; stapled and traded together as one stapled ARF security.

ARF Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 43.09 14.70 5.70% 19.39 14.30 5.02% 0.0%
2019 F 40.78 13.91 6.20% 20.49 13.50 4.74% 0.0%
2018 A 34.69 13.10 6.50% 17.09 12.80 5.72% 0.0%

ARF Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Arena REIT (ARF) $827M 0.0912 0.0000 0.0000 19.9438 0.0000 0.0000 4.51% 0.00% 0.00%

ARF Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.43 20.00 1.44 0.00
Market 0.63 14.80 1.17 0.97
Sector 0.77 17.20 1.12 1.39

ARF Directors

Name Position Start Date
Mr Robert Andrew de Vos Chief Executive Officer, Managing Director 19 Feb 2019
Mr Gareth Bruce Winter Executive Director, Chief Financial Officer, Company Secretary 12 Dec 2014
Mr David James Ross Non-Executive Chairman 4 Oct 2012
Mr Dennis Wildenburg Non-Executive Director 30 Dec 2011
Simon Parsons Non-Executive Director 5 Apr 2012

ARF Substantial Shareholders

Holding Name
27,677,037 (10.24%) Australian Unity Funds Management Limited
16,352,388 (6.05%) The Vanguard Group Inc.
15,832,698 (5.86%) Commonwealth Bank of Australia and its related bodies corporate

ARF Calendar of Events

Date Event
18 February 2020 Report (Interim)
26 September 2019 Report (Annual)
20 August 2019 Report (Prelim)
08 August 2019 Div Pay Date
28 June 2019 Books Close
27 June 2019 Div Ex Date

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