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Axis Real Estate Investment Trust

Axis Real Estate Investment Trust

MMYX:AXREIT
1.82
MYR
+0.01
(+0.55%)
16.48P/E
Axis Real Estate Investment Trust
MYX:AXREIT
(Bursa Malaysia)

Recent

price

1.82

P/E

ratio

16.48

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
MYR
0.14
0.15
0.15
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
Revenue per Share
0.15
0.11
0.11
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
Basic EPS, GAAP
0.11
0.12
0.13
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
Free Cash Flow per Basic Share
0.07
0.1
0.07
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
Dividend per Share
1.15
1.24
1.09
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
Book Value per Share
1.15
1.24
1.09
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
655
762
909
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
Basic Weighted Avg Shares
89
118
136
144
140
166
171
173
211
222
232
246
284
288
322
365
350
Sales/Revenue/Turnover
77.97
77.69
73.92
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
Operating Margin (%)
-3
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
- -
- -
- -
- -
Depreciation Expense
101
81
103
111
110
97
122
123
155
209
142
200
190
218
210
282
225
Net Income, GAAP
0.05
- -
- -
- -
- -
0.08
- -
- -
2.8
1.97
0.36
1.8
0.88
1.73
1.19
0.9
1.36
Effective Tax Rate (%)
113.6
68.85
75.69
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
Profit Margin (%)
-171
-156
-295
-228
-359
-339
-376
-604
-829
-361
-593
-391
-799
-800
-766
-777
-1,038
Working Capital
219
149
208
264
264
331
331
246
246
500
501
624
733
740
935
936
636
LT Debt
755
944
990
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
Total Equity
8.16
- -
7.65
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 Invested Capital (%)
13.88
- -
9.53
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 Capital (%)
15.35
9.54
10.66
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
Return on Common Equity (%)

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
- -
- -
- -
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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.