Hotel Property Investments (HPI) - Research

$3.430 0.06 (1.78%)

HPI General Information +

ASX Code HPI
Website http://www.hpitrust.com.au
GICS Sub-Industry Specialized REITs
Market Cap ($M) 501
Current Price $3.430
Day High $3.450
Day Low $3.370
Last Close $3.370
Price Movement $0.06 ( 1.78% )
Prices as at 11:15, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Hotel Property Investments (HPI)
BUY
below
HOLD
up to
SELL
above
Current Price
$3.430 as at 11:15, 19 Jun 2019

Price at review
$3.430 on 05 Mar 19

Max Portfolio Weighting

Business Risk

Share Price Risk

HPI Related Research

HPI Company Overview

Business Description

Hotel Property Investments (HPI) consists of the Hotel Property Investments Trust and its subsidiary and Hotel Property Investments Limited and its subsidiary. The Trust Company (RE Services) Limited is the responsible entity of the Trust.

HPI Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 31.27 21.41 9.20% 15.74 19.80 5.88% 0.0%
2019 F 28.63 19.59 5.10% 17.20 19.90 5.91% 0.0%
2018 A 27.22 18.65 -4.20% 16.82 19.60 6.25% 0.0%

HPI 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
Charter Hall Education Trust (CQE) $1,151M 0.1199 0.0000 0.0000 21.0209 0.0000 0.0000 3.94% 0.00% 0.00%
Hotel Property Investments (HPI) $500M -0.0740 0.0617 0.0702 18.3476 17.2815 16.1473 5.73% 5.82% 5.92%
National Storage REIT (NSR) $1,237M 0.0000 0.0000 0.0852 0.0000 19.0748 17.5766 5.19% 5.20% 5.42%
Rural Funds (RFF) $779M -0.1206 0.1886 0.1025 21.0289 17.6917 16.0468 4.25% 4.48% 4.66%

HPI Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.81 17.10 1.21 2.59
Market 0.88 17.10 1.49 1.65
Sector 0.77 17.20 1.12 1.39

HPI Directors

Name Position Start Date
Mr Donald Mark Smith Chief Executive Officer, Managing Director 17 Oct 2018
Mr Michael (Mike) Tilley Non-Executive Chairman, Non-Executive Director 19 Nov 2013
Mr John Russell Non-Executive Director 23 May 2013
Mr Raymond Mark Gunston Non-Executive Director 19 Nov 2013
Mr Lachlan Edwards Non-Executive Director 19 Nov 2013
Ms Giselle Collins Non-Executive Director 19 Apr 2017

HPI Management

Name Position
Blair Strik Chief Financial Officer,Company Secretary

HPI Substantial Shareholders

Holding Name
31,401,627 (21.49%) J P Morgan Nominees Australia Limited
26,982,897 (18.47%) HSBC Custody Nominees (Australia) Limited
9,550,452 (6.54%) National Nominees Limited
9,453,740 (6.47%) Citicorp Nominees Limited

HPI Calendar of Events

Date Event
20 February 2020 Report (Interim)
22 August 2019 Report (Annual)
22 August 2019 Report (Prelim)

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