Elanor Retail Property Fund (ERF) - Research

$1.240
Prices as at 16:25, 25 Apr 2019

ERF Current Share Price+

Current Price $1.240
Open $1.245
High $1.245
Low $1.240
Last Close $1.240
Volume 7434
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

ERF General Information

Elanor Retail Property Fund
ERF
http://www.elanorinvestors.com
Retail REITs
159
129

ERF Company Overview

Business Description

Elanor Investors Group is an investment and funds management business focused on generating strong absolute and risk-adjusted returns through investment in assets and operating businesses that deliver sustainable cash flows with potential for capital growth and Management of third party owned investment funds and syndicates. The strategy of the Company is to acquire and unlock value in assets that provide attractive cash flows and capital growth potential and grow investments under management through establishing new managed investment funds.

ERF Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 12.66 9.80 748.30% 13.50 10.30 7.80% 0.0%
2017 A 1.11 1.20 0.00% 113.40 6.40 4.90% 100.0%

ERF Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2017 A 2018 A 2017 A 2018 A 2017 A 2018 A
Elanor Retail Property Fund (ERF) $160M 7.4828 0.0000 0.0000 12.6524 0.0000 0.0000 8.28% 0.00% 0.00%
Scentre (SCG) $20,630M 0.1349 0.0319 0.0286 15.6831 15.1978 14.7753 5.71% 5.82% 5.94%
Shopping Centres Australasia Property (SCP) $2,397M -0.0872 0.2052 0.0270 19.1852 15.9189 15.4997 5.37% 5.68% 5.82%
Unibail-Rodamco-Westfield (URW) $3,982M 0.0000 3.7873 0.0522 63.0165 13.1607 12.5077 3.58% 6.90% 7.20%
Vicinity Centres (VCX) $9,537M -0.7191 0.0000 0.0000 14.9761 0.0000 0.0000 6.49% 0.00% 0.00%

ERF Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 12.60 0.83 0.00
Market 0.71 14.90 1.20 1.08
Sector 0.83 16.30 1.06 1.22

ERF Directors

Name Position Start Date
Mr Glenn Norman Willis Chief Executive Officer, Managing Director 1 May 2014
Mr Paul Bedbrook Non-Executive Chairman, Non-Executive Director 1 Jan 0001
Mr William (Bill) James Moss Non-Executive Director 1 May 2014
Mr Nigel Ian Ampherlaw Non-Executive Director 13 Jun 2014

ERF Management

Name Position
Paul Siviour Chief Operating Officer
Symon Simmons Company Secretary
Michael Baliva Fund Manager

ERF Substantial Shareholders

Holding Name
23,026,082 (17.89%) Elanor Investment Nominees Pty Limited
20,395,087 (15.84%) Moelis Australia Holdings Pty Ltd and the entities
11,357,276 (8.82%) Ellerston Capital Limited and its associates

ERF Calendar of Events

Date Event
17 February 2020 Report (Interim)
20 September 2019 Report (Annual)
19 August 2019 Report (Prelim)

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