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    Real estate investment trusts
Axis Real Estate Investment Trust

Axis Real Estate Investment Trust

MMYX:AXREIT
1.81
MYR
-0.03
(-1.63%)
16.48P/E
Oct 22Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.16
0.15
0.15
0.16
0.14
0.17
0.18
0.16
0.17
0.17
0.17
0.18
0.18
0.18
Basic EPS, GAAP
0.12
0.12
0.09
0.11
0.1
0.13
0.17
0.1
0.14
0.12
0.12
0.12
0.14
0.12
Free Cash Flow per Basic Share
0.15
0.11
0.05
0.17
0.12
0.13
0.11
0.12
0.13
0.14
0.11
0.17
0.12
0.16
Dividend per Share
0.1
0.1
0.07
0.08
0.08
0.07
0.1
0.08
0.09
0.1
0.08
0.1
0.09
0.09
Book Value per Share
1.12
1.21
1.29
1.26
1.29
1.34
1.45
1.47
1.55
1.57
1.62
1.64
1.69
1.65
Tangible Book Value per Share
1.12
1.21
1.29
1.26
1.29
1.34
1.45
1.47
1.55
1.57
1.62
1.64
1.69
1.65
Basic Weighted Avg Shares
916
934
1,096
1,103
1,232
1,233
1,260
1,441
1,452
1,638
1,747
1,779
2,019
1,900
Sales/Revenue/Turnover
144
140
166
171
173
211
222
232
246
284
288
322
365
350
Operating Margin (%)
75
73.09
73.04
71.2
73.7
76.69
76.24
73.96
75.43
74.92
73.7
75.02
75.58
74.59
Depreciation Expense
- -
- -
- -
- -
- -
- -
1
1
1
1
- -
- -
- -
- -
Net Income, GAAP
111
110
97
122
123
155
209
142
200
190
218
210
282
225
Effective Tax Rate (%)
- -
- -
0.08
- -
- -
2.8
1.97
0.36
1.8
0.88
1.73
1.19
0.9
1.36
Profit Margin (%)
77.5
78.87
58.29
71.37
70.96
73.59
94.05
61.17
81.38
66.92
75.51
65.19
77.28
64.26
Working Capital
-228
-359
-339
-376
-604
-829
-361
-593
-391
-799
-800
-766
-777
-1,038
LT Debt
264
264
331
331
246
246
500
501
624
733
740
935
936
636
Total Equity
1,029
1,326
1,352
1,393
1,591
1,664
2,079
2,123
2,527
2,572
2,826
3,299
3,423
3,336
Return on Invested Capital (%)
6.96
5.74
5.91
5.73
5.53
6.09
5.85
5.52
5.25
5.4
4.92
5.06
5.36
5.39
Return on Capital (%)
8.73
7.53
6.18
7.25
6.73
7.58
9.02
5.85
7.06
5.25
6.52
6.01
6.91
6.29
Return on Common Equity (%)
11.03
9.38
7.21
8.91
8.21
9.52
11.18
6.76
8.62
7.47
8.07
6.86
8.39
7.3

Capital Structure

MYR

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
816
1,071
1,068
LT Borrowings
935
636
636
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,010
2,021
2,021
Market Capitalization
3,478
3,637
3,941

Working Capital

MYR

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
167
112
109
Cash, Cash Equivalents & STI
208
30
57
Accounts Receivable, Net
2
40
32
Inventories
- -
- -
- -
Total Current Liabilities
932
1,138
1,148
Payables & Accruals
- -
- -
- -
ST Debt
816
1,071
1,068
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10%
10.24%
3.77%
Free Cash Flow
30.8%
10.41%
-22.39%
Net Income, GAAP
13.74%
16.24%
34.32%
Sales/Revenue/Turnover
8.41%
9.59%
13.3%
Total Cash Common Dividend
10.51%
11.51%
0.78%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
76
77
81
88
322
2025
90
91
- -
91
365
2026
90
89
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.05
0.12
2025
0.02
0.02
- -
0.07
0.14
2026
0.03
0.02
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.03
0.1
2025
0.01
0.03
- -
0.03
0.09
2026
0.03
0.02
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kit May Leong
Full Time Employees
81
Sector
Finance
Industry
Real estate investment trusts
Address
Penthouse Menara Axis Petaling Jaya SE Malaysia 46100
IPO Date
Jun 30, 2005
Website
axis-reit.com.my
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Business
Axis Real Estate Investment Trust, recognized as Malaysia's inaugural real estate investment trust, began trading on Bursa Securities on August 3, 2005. Realigned as an Islamic REIT on December 11, 2008, all its property investments adhere to Shariah principles. The trust maintains a varied collection of 68 properties, strategically positioned across the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan, and Kedah. Axis REIT Managers Berhad oversees the fund's operations, with RHB Trustees Berhad serving as the trustee. The portfolio is heavily concentrated in industrial assets, forming a significant portion of its holdings. As of June 30, 2025, Axis-REIT reported a portfolio occupancy rate of 97%, accompanied by a weighted average lease expiry of 4.6 years based on rental income. The total area managed spans 15.11 million square feet, with an overall asset value reaching RM5.21 billion. The trust is actively pursuing growth, aiming for RM10 billion in assets under management by the fiscal year 2030, and recently announced a substantial RM800 million acquisition of an industrial site in Penang.