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Pavilion Real Estate Investment Trust

Pavilion Real Estate Investment Trust

MMYX:PAVREIT
1.57
MYR
0.00
(0.00%)
16.69P/E
Jan 27Next 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
0.12
0.13
0.14
0.15
0.16
0.18
0.18
0.16
0.16
0.18
0.2
0.22
0.23
0.17
Basic EPS, GAAP
0.11
0.17
0.09
0.1
0.08
0.1
0.09
0.02
0.04
0.13
0.13
0.11
0.12
0.1
Free Cash Flow per Basic Share
0.09
0.09
0.09
0.11
0.1
0.09
0.11
0.08
0.06
0.12
0.14
0.14
0.15
0.22
Dividend per Share
0.07
0.08
0.08
0.08
0.08
0.09
0.09
0.06
0.04
0.07
0.08
0.09
0.09
0.05
Book Value per Share
1.17
1.26
1.28
1.3
1.3
1.31
1.31
1.27
1.27
1.33
1.35
1.37
1.4
1.4
Tangible Book Value per Share
1.17
1.26
1.28
1.3
1.3
1.31
1.31
1.27
1.27
1.33
1.35
1.37
1.4
1.4
Basic Weighted Avg Shares
3,008
3,012
3,016
3,021
3,027
3,035
3,039
3,044
3,048
3,054
3,406
3,658
3,802
3,885
Sales/Revenue/Turnover
376
402
414
460
490
555
559
499
479
537
698
811
866
673
Operating Margin (%)
63.81
64.11
64.45
62.56
60.15
61.61
56.74
39.11
41.75
59.14
56.25
54.55
55.72
56.95
Depreciation Expense
1
1
1
1
1
1
- -
- -
1
- -
1
1
1
1
Net Income, GAAP
327
510
282
312
249
289
263
46
125
398
432
410
467
398
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
87.15
126.95
68.21
67.9
50.91
52.02
47
9.28
26.13
74.05
61.86
50.55
53.9
59.19
Working Capital
159
154
86
168
148
-438
296
-863
-162
-547
-86
-76
-649
-237
LT Debt
706
708
754
1,412
1,463
1,432
2,157
1,074
1,778
1,394
3,291
3,313
2,863
3,265
Total Equity
3,523
3,811
3,852
3,921
3,940
3,978
3,980
3,859
3,858
4,060
4,931
5,018
5,491
5,495
Return on Invested Capital (%)
5.82
5.9
5.85
5.79
5.49
5.93
5.17
3.22
3.33
5.19
5.41
5.31
5.43
4.18
Return on Capital (%)
8.68
12.36
6.87
7.45
5.9
6.64
5.99
2.3
3.51
7.95
7.88
7.05
7.16
5.77
Return on Common Equity (%)
9.6
13.92
7.37
8.03
6.35
7.29
6.6
1.18
3.25
10.05
9.6
8.24
8.89
7.33

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,073
673
673
LT Borrowings
2,863
3,264
3,265
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,925
3,928
3,928
Market Capitalization
7,104
6,795
6,717

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
730
623
758
Cash, Cash Equivalents & STI
565
438
585
Accounts Receivable, Net
43
78
65
Inventories
7
6
6
Total Current Liabilities
1,379
956
995
Payables & Accruals
- -
- -
- -
ST Debt
1,073
673
673
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.81%
7.57%
9.42%
Free Cash Flow
11.23%
22.69%
11.81%
Net Income, GAAP
32.01%
81.05%
13.9%
Sales/Revenue/Turnover
8.19%
12.19%
6.83%
Total Cash Common Dividend
6.69%
18.74%
7.6%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
211
193
198
209
811
2025
220
205
- -
223
866
2026
238
212
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.05
0.11
2025
0.02
0.02
- -
0.05
0.12
2026
0.03
0.02
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
0.05
- -
0.09
2025
0.05
- -
- -
- -
0.09
2026
0.05
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yew Hong Ho
Full Time Employees
25
Sector
Finance
Industry
Real estate investment trusts
Address
Level 10, Pavilion Kuala Lumpur Kuala Lumpur WP Malaysia 55100
IPO Date
Nov 11, 2011
Website
pavilion-reit.com
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Business
Pavilion Real Estate Investment Trust (Pavilion REIT) is a Malaysian real estate investment trust focused on owning and managing income-producing properties primarily used for retail purposes, including mixed-use developments with retail components, supplemented by office and hospitality assets. Listed on the Main Market of Bursa Malaysia since December 7, 2011 under ticker 5212, with headquarters in Kuala Lumpur, the REIT operates exclusively in Malaysia and invests in properties located in key urban areas of the country, such as Bukit Bintang, Jalan Tun Razak, USJ, and Bukit Jalil. Its portfolio, valued at approximately RM5.9 billion to RM8.5 billion based on recent appraisals, comprises five retail malls including Pavilion Kuala Lumpur Mall, Intermark Mall, DA MEN Mall, Elite Pavilion Mall, and Pavilion Bukit Jalil; one office tower, Pavilion Tower; and two hotels, Pavilion Hotel Kuala Lumpur and Banyan Tree Kuala Lumpur. Pavilion REIT generates revenue predominantly from the retail segment through leasing space to fashion stores, dining venues, department stores, supermarkets, and entertainment operators; the office segment serves property consultancies, technology providers, financial institutions, and construction firms; and the hospitality segment contributes fixed rental income from hotel operations. Recent major developments include the May 2025 unitholder approval for the RM480 million acquisition of Banyan Tree Kuala Lumpur and Pavilion Hotel Kuala Lumpur from vendors indirectly owned by major unitholder Tan Sri Lim Siew Choon, financed through new unit issuances via private placement and to vendors, along with debt and internal funds, expected to complete in the first half of 2025, accretive to earnings and distributions by 0.7% to 4.6% in FY2025-2026, reducing gross gearing to 0.36x while enhancing synergies with adjacent Pavilion Kuala Lumpur Mall. The REIT also reported solid financial performance in 2Q FY2025 ended June 30, 2025, with net profit rising to RM78.66 million from RM67.12 million year-over-year, driven by contributions from Pavilion Bukit Jalil. Managed by Pavilion REIT Management Sdn Bhd and with MTrustee Berhad as trustee under a trust deed amended in February 2019, Pavilion REIT targets stable distributions and net asset value growth for unitholders across retail, office, and now hospitality sectors serving premium tenants and guests in Malaysia's prime locations.