Listed on 28 July 2016, EC World REIT is the first Chinese specialised logistics and e-commerce logistics REIT listed on Singapore Exchange Securities Trading Limited ("SGX-ST"). With its portfolio of seven quality properties located predominantly in one of the largest e-commerce clusters in the Yangtze River Delta, EC World REIT offers investors unique exposure to the logistics and e-commerce sectors in Hangzhou and Wuhan, the People's Republic of China ("PRC"). EC World REIT's investment strategy is to invest principally, directly or indirectly, in a diversified portfolio of income-producing real estate which is used primarily for e-commerce, supply-chain management and logistics purposes, as well as real estate-related assets, with an initial geographical focus on the PRC. EC World REIT is managed by EC World Asset Management Pte. Ltd., which is an indirect wholly-owned subsidiary of the Sponsor - Forchn Holdings Group Co., Ltd. Established in 1992 and headquartered in Shanghai, the Sponsor is a conglomerate with businesses in supply chain, intelligent manufacturing, medical care and healthcare, finance and other sectors.
Metrics to compare | ECWO | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipECWOPeersSector | |
---|---|---|---|---|
P/E Ratio | −3.5x | 15.6x | 8.4x | |
PEG Ratio | −0.04 | 0.00 | 0.01 | |
Price/Book | 7.1x | 0.8x | 0.9x | |
Price / LTM Sales | 2.5x | 7.5x | 3.7x | |
Upside (Analyst Target) | - | 17.6% | 17.1% | |
Fair Value Upside | Unlock | 2.2% | 3.0% | Unlock |