STARHILLGBL REIT chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.08
Dividend & Yield0.04S$ (7.92%)
Beta 0.94
Market capitalization 1.16B
Operating cash flow 124.28M
ESG Scores unknown

Company description

Starhill Global REIT is a Singapore-based real estate investment trust investing primarily in real estate used for retail and office purposes, both in Singapore and overseas. Since its listing on the Mainboard of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) on 20 September 2005, Starhill Global REIT has grown its initial portfolio from interests in two landmark properties on Orchard Road in Singapore to 10 properties in Singapore, Australia, Malaysia, China and Japan, valued at about S$2.9 billion. These comprise interests in Wisma Atria and Ngee Ann City on Orchard Road in Singapore, Myer Centre Adelaide, David Jones Building and Plaza Arcade in Adelaide and Perth, Australia, The Starhill and Lot 10 in Kuala Lumpur, Malaysia, a retail property in Chengdu, China and two properties in Tokyo, Japan. Starhill Global REIT remains focused on sourcing attractive property assets in Singapore and overseas, while driving organic growth from its existing portfolio, through proactive leasing efforts and creative asset enhancements. Starhill Global REIT is managed by an external manager, YTL Starhill Global REIT Management Limited, of which all of its shares are indirectly held by YTL Corporation Berhad.

Sector: Real Estate - Industry: REIT—Retail

Financial Ratios
Quick Ratio2.42
Working Capital1.33
Return On Equity0.05
Debt To Equity0.59
Fixed Asset Ratio-0.19
Fixed Interest Cover2.82

Financial data

Financial Statements

Cashflow Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Change To Liabilities -1.35M -2.38M 6.46M -2.42M
Total Cashflows From Investing Activities -6.72M -28.83M -34.46M -19.71M
Net Borrowings 15.72M 81.98M -118.2M -5.41M
Total Cash From Financing Activities -119.54M -30.48M -118.12M -123.16M
Change To Operating Activities
Issuance Of Stock 99.45M 99.45M 99.45M
Net Income 101.32M 77.35M 88.18M 89.78M
Change In Cash 6.22M 44.5M -9.12M -22.66M
Effect Of Exchange Rate -1.5M 982k 1.24M -4.08M
Total Cash From Operating Activities 133.97M 102.83M 142.22M 124.28M
Depreciation 15k 14k 22k 22k
Change To Account Receivables -1.32M -12.89M 13.53M -1.33M
Other Cashflows From Financing Activities -37.76M -39.08M -44.26M -36.53M
Change To Netincome 33.78M 39.41M 32.17M 36.79M
Capital Expenditures -1k -38k -6k -6k

Income Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Research Development
Income Before Tax 104.8M 78.72M 89.64M 92.03M
Net Income 101.32M 77.35M 88.18M 89.78M
Selling General Administrative 5.59M 5.56M 5.21M 5.2M
Gross Profit 144.46M 132.75M 120.52M 130.7M
Ebit 138.88M 127.19M 115.31M 125.5M
Operating Income 138.88M 127.19M 115.31M 125.5M
Interest Expense -38.7M -39.86M -41.41M -37.85M
Income Tax Expense 3.48M 1.37M 1.46M 2.25M
Total Revenue 206.19M 180.77M 181.29M 186.43M
Cost Of Revenue 61.73M 48.03M 60.76M 55.74M
Total Other Income ExpenseNet -34.08M -48.47M -25.67M -33.47M
Net Income From Continuing Ops 101.32M 77.35M 88.18M 89.78M
Net Income Applicable To Common Shares 101.32M 77.35M 88.18M 89.78M

Balance Sheet Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Total Liabilities 1.21B 1.31B 1.19B 1.15B
Total Stockholder Equity 1.93B 1.77B 1.89B 1.85B
Other Current Liabilities 18.24M 28.4M 29.21M 19.65M
Total Assets 3.14B 3.08B 3.08B 3B
Common Stock 2B 1.84B 1.85B 1.83B
Other Current Assets 1.18M 858k 957k 1.26M
Retained Earnings 2.8M 2.8M
Treasury Stock -72.92M -70.77M 40.46M 16.01M
Cash 72.95M 117.44M 108.32M 85.66M
Total Current Liabilities 163.51M 204.43M 46.88M 165.6M
Other Stockholder Equity -72.92M -70.77M 40.46M 16.01M
Property, Plant, and Equipment 3.06B 2.94B 2.96B 2.89B
Total Current Assets 77.09M 139.72M 113.42M 88.95M
Net Tangible Assets 1.93B 1.77B 1.89B 1.85B
Net Receivables 2.97M 21.42M 4.14M 2.03M
Accounts Payable 8.15M 4.96M 6.24M 8.13M


Insider Transactions

Here are the insider transactions of stock shares related to STARHILLGBL REIT:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Ho (Sing)D2021-04-07Chief Executive Officer54k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to STARHILLGBL REIT. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on STARHILLGBL REIT

Here is the result of two systematic investment strategies applied to STARHILLGBL REIT. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on STARHILLGBL REIT

The following chart shows the equity curve of the two systematic investment strategies applied to STARHILLGBL REIT:

STARHILLGBL REIT automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 9.2% on the backtest period.

Performance at glance

Performance

9.2 %

Latent gain

183.97 S$

Invested capital

1999.38 S$

Annualized return

2.22 %
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Momentum strategy results on STARHILLGBL REIT

This is the result of two momentum investment strategies applied to STARHILLGBL REIT. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on STARHILLGBL REIT

The following chart shows all the entries opened by the momentum investment system on STARHILLGBL REIT:

STARHILLGBL REIT momentum entries
  • The first momentum investment strategy would give 7.01% of return on STARHILLGBL REIT. That represents 350.41S$ of latent gain with 4999.74S$ of employed capital.
  • The second momentum investment strategy would give 5.67% of return on STARHILLGBL REIT. That represents 155.99S$ of latent gain with 2750.16S$ of employed capital.
Performance at glance (1Q Momentum)

Performance

7.01 %

Latent gain

350.41 S$

Invested capital

4999.74 S$

Annualized return

-1.22 %
Performance at glance (2Q Momentum)

Performance

5.67 %

Latent gain

155.99 S$

Invested capital

2750.16 S$

Annualized return

1.55 %

Momentum equity curve on STARHILLGBL REIT

The following chart shows the equity curve of the two momentum strategies applied to STARHILLGBL REIT:

STARHILLGBL REIT momentum equity

Note: the dividends potentially given by STARHILLGBL REIT are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STARHILLGBL REIT

The following chart shows the employed capital evolution of the two momentum strategies on STARHILLGBL REIT since the beginning:

STARHILLGBL REIT

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250S$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000S$.


Buy the dip strategy result on STARHILLGBL REIT

Buy the dip entry openings on STARHILLGBL REIT

STARHILLGBL REIT

The performance achieved by the robo-advisor on STARHILLGBL REIT is -2.61%. That represents -13.04$ of latent gain with 499.89S$ of employed capital. The following chart shows STARHILLGBL REIT stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of STARHILLGBL REIT, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-2.61 %

Latent gain

-13.04 S$

Invested capital

499.89 S$

Annualized return

-1.22 %

Equity curve of the strategy applied to STARHILLGBL REIT

The following chart shows the result of the investment strategy applied to STARHILLGBL REIT:

STARHILLGBL REIT

Note: the dividends potentially given by STARHILLGBL REIT are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STARHILLGBL REIT

The following chart shows the employed capital evolution since the beginning of the investment strategy on STARHILLGBL REIT:

STARHILLGBL REIT

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on STARHILLGBL REIT

In this section, I will compare the three previous investment strategies applied to STARHILLGBL REIT.

Equity curve comparison on STARHILLGBL REIT

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

STARHILLGBL REIT investment strategy comparison

Employed capital comparison on STARHILLGBL REIT

STARHILLGBL REIT investment comparison

Performance comparison on STARHILLGBL REIT

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 9.2% 183.97S$ 1999.38S$ 2.22%
Momentum 1 quarter 7.01% 350.41S$ 4999.74S$ 1.8%
Momentum 2 quarters 5.67% 155.99S$ 2750.16S$ 1.55%
Non-directional -2.61% -13.04S$ 499.89S$ -1.22%
Annualized return comparison

Automatic investment

2.22 %

Momentum 1Q

1.55 %

Momentum 2Q

1.55 %

Non-directional

-1.22 %

Correlated stocks

Here are the most positively and negatively correlated stocks with STARHILLGBL REIT:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • ISOTEAM

  • Note: The algorithm computes the probability of correlation between STARHILLGBL REIT and the other stocks. There may be false positives or some missing correlated stocks. If the price of STARHILLGBL REIT does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name STARHILLGBL REIT
    Country Singapore
    City Singapore
    Address Tower B
    Phone 65 6835 8633
    Website www.starhillglobalreit.com
    FullTime employees 29
    Industry REIT—Retail
    Sector Real Estate
    Exchange XSES
    Ticker P40U.XSES
    Market www.sgx.com

    STARHILLGBL REIT ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown