Listed on the Singapore Exchange on 9 May 2019, Acrophyte Hospitality Trust (“ACRO-HT”) is a hospitality stapled group comprising Acrophyte Hospitality Property Trust and Acrophyte Hospitality Management Trust. ACRO-HT invests in income-producing real estate assets used primarily for hospitality purposes located in the United States. As at the date of this announcement, ACRO-HT’s portfolio comprises 33 select-service hotels with a total of 4,315 rooms across 17 states in the United States. ACRO-HT is managed by Acrophyte Hospitality Trust Management Pte. Ltd. and Acrophyte Hospitality Business Trust Management Pte. Ltd, (collectively known as the “Managers”). The Managers are wholly-owned subsidiaries of Acrophyte Asset Management Pte Ltd (“Acrophyte AM”).
Metrics to compare | ACRP | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipACRPPeersSector | |
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P/E Ratio | 0.0x | 23.0x | 9.0x | |
PEG Ratio | 0.00 | −0.03 | 0.01 | |
Price/Book | 0.0x | 1.1x | 0.9x | |
Price / LTM Sales | 0.0x | 6.4x | 3.9x | |
Upside (Analyst Target) | 0.0% | 10.4% | 13.3% | |
Fair Value Upside | Unlock | −5.4% | 1.2% | Unlock |