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Income Statement Evolution
First Real Estate Investme : Income Statement Evolution
Annual Income Statement Data
Actuals in M SGD Estimates in M SGD
Fiscal Period December 201020112012201320142015
Sales30,354,057,682,491,892,3
Operating income (EBITDA)---69,181,082,1
Operating profit (EBIT)---69,181,082,1
Pre-Tax Profit (EBT)------
Net income------
EPS ( SGD)------
Dividend per Share (cts SGD)6,607,007,307,858,508,60
Yield4,63%4,91%5,12%5,51%5,96%6,04%
Announcement Date01/21/2011
03:59pm
01/26/2012
10:17am
01/23/2013
09:40am
---
Finances - Leverage
First Real Estate Investme : Finances - Leverage
Actuals in M SGD Estimates in M SGD
Fiscal Period December 201020112012201320142015
Debt---332329329
Finance------
Operating income (EBITDA)---69,181,082,1
Leverage
(Debt/EBITDA)
---4,81x4,06x4,00x
Capital Expenditure-69,0----
Book Value Per Share (BVPS)77,0 cts SGD80,5 cts SGD82,7 cts SGD86,5 cts SGD86,2 cts SGD81,6 cts SGD
Cash Flow per Share---6,70 cts SGD7,50 cts SGD7,50 cts SGD
Announcement Date01/21/2011
03:59pm
01/26/2012
10:17am
01/23/2013
09:40am
---
Balance Sheet Analysis
First Real Estate Investme : Balance Sheet Analysis
Assessed data source :
© 2013 Thomson Reuters
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Financial Ratios

Size 2013e 2014e
Capitalization 951 M SGD -
Company Value 1 283 M SGD 1 280 M SGD
Valuation 2013e 2014e
PER (Price / EPS)
Capitalization / Revenue 11,5x 10,4x
EV / Revenue 15,6x 13,9x
EV / EBITDA 18,6x 15,8x
Yield (DPS / Price) 5,51% 5,96%
Profitability 2013e 2014e
Operating Margin (EBIT / Sales) 83,8% 88,2%
operating laverage (Delta EBIT / Delta Sales) - 1,52x
Net Margin (Net Profit / Revenue) - -
ROA (Net Profit / Asset) 5,90% 5,17%
ROE (Net Profit / Equities) 9,75% 8,88%
Rate of Dividend - -
Balance Sheet Analysis 2013e 2014e
CAPEX / Sales   - -
Cash Flow / Sales (Taux d'autofinancement) 54,2% 54,4%
Capital Intensity (Assets / Sales) - -
Financial Leverage (Net Debt / EBITDA) 4,81x 4,06x
EPS & Dividend
First Real Estate Investme : EPS Dividend
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