Rural Funds Group (RFF) - Research

$2.350 0.01 (0.42%)

RFF General Information +

ASX Code RFF
Website http://www.ruralfunds.com.au
GICS Sub-Industry Specialized REITs
Market Cap ($M) 785
Current Price $2.350
Day High $2.370
Day Low $2.340
Last Close $2.360
Price Movement $0.01 ( 0.42% )
Prices as at 11:20, 19 Jun 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 (%)
2020 F 0.00 14.50 10.30% 16.30 10.90 4.60% 0.0%
2019 F 0.00 13.20 18.90% 17.90 10.40 4.40% 0.0%
2018 A 28.63 11.10 -12.10% 19.10 9.90 4.70% 0.0%

RFF 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%

RFF Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.85 18.00 1.61 1.24
Market 0.63 14.80 1.17 0.97
Sector 0.77 17.20 1.12 1.39

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
Andrea Lemmon 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
20 February 2020 Report (Interim)
26 September 2019 Report (Annual)
15 August 2019 Report (Prelim)
31 July 2019 Div Pay Date
28 June 2019 Books Close
27 June 2019 Div Ex Date

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