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 | −1.7x | −0.2x | 9.1x | |
PEG Ratio | 0.02 | 0.00 | 0.01 | |
Price/Book | −2.1x | 0.0x | 0.9x | |
Price / LTM Sales | 5.6x | 1.1x | 3.8x | |
Upside (Analyst Target) | - | 150.0% | 15.1% | |
Fair Value Upside | Unlock | 14.7% | 2.6% | Unlock |