Rural Funds Group (RFF) - Research

$1.625 0.095 (5.52%)

RFF General Information +

ASX Code RFF
Website http://www.ruralfunds.com.au
GICS Sub-Industry Specialized REITs
Market Cap ($M) 544
Current Price $1.625
Day High $1.765
Day Low $1.615
Last Close $1.720
Price Movement $0.10 ( 5.52% )
Prices as at 16:40, 20 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

RFF Company Overview

Business Description

Rural Funds Group (RFF) is a real estate property trust which owns a diversified portfolio of Australian agricultural assets. RFF's investment objective is to generate a stable income stream derived from leasing its assets to suitable counterparts and capital growth through any appreciation in the value of those assets. RFF is a stapled security, incorporating Rural Funds Trust and RF Active. Rural Funds Management Ltd (RFM) is the responsible entity of RFF.

RFF Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 F 0.00 14.90 5.80% 10.90 11.30 6.90% 0.0%
2020 F 0.00 14.10 185.60% 11.60 10.90 6.70% 0.0%
2019 A 16.04 4.90 -55.60% 44.50 10.40 4.80% 0.0%

RFF Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 F 2021 F 2019 A 2020 F 2021 F 2019 A 2020 F 2021 F
Charter Hall Education Trust (CQE) $1,094M -0.3414 0.4250 0.0620 30.2500 21.2281 19.9890 4.41% 4.57% 4.71%
Hotel Property Investments (HPI) $499M 0.0520 0.0694 -0.0229 17.3381 16.2136 16.5935 5.85% 6.08% 6.20%
National Storage REIT (NSR) $1,415M 0.0000 0.0000 0.0870 0.0000 17.7547 16.3330 5.35% 5.57% 5.87%
Rural Funds (RFF) $576M -0.5560 1.8557 0.0577 34.9593 12.2420 11.5747 6.07% 6.31% 6.56%

RFF Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.82 23.30 1.03 0.32
Market 0.64 17.80 1.26 1.32
Sector 0.71 18.10 1.09 1.24

RFF Directors

Name Position Start Date
Mr David Bryant Managing Director 17 Feb 1997
Mr Leslie (Guy) Julian Paynter Non-Executive Chairman, Non-Executive Director 15 Apr 2010
Mr Michael Carroll Non-Executive Director 15 Apr 2010
Mr Julian James Widdup Non-Executive Director 15 Feb 2017

RFF Management

Name Position
Emma Spear Company Secretary
Stuart Waight Joint Company Secretary

RFF Substantial Shareholders

Holding Name
22,238,563 (8.70%) The Vanguard Group. Inc

RFF Calendar of Events

Date Event
25 August 2020 Report (Annual)
25 August 2020 Report (Prelim)
20 February 2020 Report (Interim)
31 October 2019 Div Pay Date
30 September 2019 Books Close
27 September 2019 Div Ex Date
26 September 2019 Report (Annual)

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