Hektar Real Estate Investment Trust

Hektar Real Estate Investment Trust

5121 · KLSE · Real Estate / REIT - Retail

0.545MYR-0.01 (-0.91%)

Price History

Full chart

Market Stats

Previous Close0.55
Open0.545
Day Range0.535 – 0.545
52-Week Range0.3954 – 0.52
Volume875.50K
Market Cap347.55M
P/E (TTM)16.33
Forward P/E12.50
EPS0.03
Dividend Yield4.94%
Beta0.18
50-Day Avg0.4879
200-Day Avg0.4476

About

Hektar Real Estate Investment Trust (Hektar REIT) is Malaysia's first listed retail-focused REIT. The primary objectives of Hektar REIT are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT. Hektar REIT was listed on the Main Market of Bursa Malaysia Securities Berhad on December 4, 2006 and currently owns 2 million square feet of retail space and an education property across 4 states with total assets valued at RM1.39 billion. On 19 February 2025, The Manager has announced the proposed acquisition of an industrial property located in Bayan Lepas, Penang for RM30 million, marking Hektar REIT's dedication to diversification for yield-accretive non-retail assets, being the first industrial asset in its portfolio. On 24 June 2025, The Manager also announced the proposed acquisition of 90% equity stake of Terramark Sdn Bhd, a real estate backed vehicle with strategic land parcel in Chuping, Perlis earmarked for solar farm development. Hektar REIT is managed by Hektar Asset Management Sdn Bhd. Hektar REIT's portfolio of diversified properties includes Subang Parade in Subang Jaya, Selangor; Mahkota Parade in Melaka; Kolej Yayasan Saad in Ayer Keroh, Melaka; Wetex Parade & Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah and Segamat Central in Segamat, Johor. Hektar Real Estate Investment Trust was incorporated on October 5th, 2006 in Malaysia.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. Zainal Iskandar Bin Ismail
  • Employees0
  • HeadquartersD1-U3-10, Solaris Dutamas, Kuala Lumpur, Malaysia, 50480, Malaysia
  • Websitehttps://www.hektarreit.com

Leadership

  • Mr. Zainal Iskandar Bin IsmailCEO & Executive Director · b. 1975
  • Mr. Kek Siang LimSenior General Manager of Finance - Hektar Asset Management Sdn Bhd · b. 1966
  • Ms. Sabrina HalimChief Operating Officer
  • Mr. Martin ChenGeneral Manager of Legal & Corporate Affairs - Hektar Asset Management Sdn Bhd
  • Ms. Ling EuniceGeneral Manager of Governance & Compliance Officer
  • Mr. Abdul Haffis Bin KarimHead of Operations
  • Mr. Muhammad Hafidz Bin Nuruddin FCIS, MAICSAJoint Company Secretary of Hektar Asset Management Sdn Bhd
  • Ms. Seck Wah Lim MAICSAJoint Company Secretary of Hektar Asset Management Sdn Bhd · b. 1959
  • Ms. Puspa Bt Nordin AldelaChief Executive Officer of Hektar Property Services Sdn Bhd · b. 1968
  • Mr. Asief bin Mohd HassanSenior Manager of Strategy - Hektar Asset Management Sdn Bhd

Financials

Income Statement

Currency: MYR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue104.00M121.00M122.00M126.00M124.57M125.54M135.11M137.09M111.14M96.60M117.45M111.50M124.80M124.73M
Growth (%)-+16.35%+0.83%+3.28%-1.13%+0.78%+7.62%+1.47%-18.93%-13.08%+21.58%-5.07%+11.93%-0.06%
Cost of Revenue43.00M50.00M53.00M54.00M50.24M51.81M56.39M61.65M58.17M49.58M58.76M51.45M61.92M67.66M
Gross Profit61.00M70.00M69.00M72.00M74.34M73.74M78.72M75.44M52.97M47.02M58.69M60.05M62.89M57.06M
Gross Margin58.65%57.85%56.56%57.14%59.67%58.73%58.26%55.03%47.66%48.67%49.97%53.85%50.39%45.75%
Operating Expense5.00M5.00M5.00M5.00M9.57M9.89M11.16M9.66M17.85M34.31M-19.31M8.35M37.59M38.00M
Operating Income56.00M65.00M64.00M67.00M64.76M63.85M67.55M65.78M35.12M12.71M77.99M51.70M25.30M19.06M
Operating Margin53.85%53.72%52.46%53.17%51.99%50.86%50.00%47.98%31.60%13.16%66.41%46.37%20.27%15.28%
EBITDA-----55.87M58.43M65.80M-3.17M-12.81M98.23M77.96M55.47M49.16M
EBITDA Margin-----44.50%43.25%48.00%-2.85%-13.26%83.64%69.92%44.45%39.41%
Net Income58.00M59.00M50.00M5.00M43.16M32.70M33.13M11.44M-23.84M-28.47M74.65M49.06M24.62M18.76M
Net Income Margin55.77%48.76%40.98%3.97%34.65%26.04%24.52%8.35%-21.45%-29.47%63.56%44.00%19.72%15.04%
Interest Expense0000318.28K853.45K403.55K4.15M524.77K17.93M23.00M1.86M23.77M24.97M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.26%0.68%0.30%3.03%0.47%18.56%19.58%1.66%19.05%20.02%

Balance Sheet

Currency: MYR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.07B1.08B1.11B1.12B1.13B1.25B1.27B1.28B1.26B1.23B1.24B1.31B1.43B1.46B
Total Liabilities470.00M472.00M488.00M532.00M546.39M603.49M632.96M666.64M682.62M682.74M637.55M642.12M691.92M711.73M
Total Equity---584.38M585.47M648.87M635.32M609.43M576.35M547.96M597.96M672.73M742.10M744.55M
Cash26.00M23.00M15.00M19.00M14.56M22.10M13.33M10.47M27.35M59.08M23.15M63.31M18.63M6.81M
Total Debt----493.20M542.06M548.07M563.09M581.09M-----
Net Debt-----534.96M549.74M552.62M553.74M522.01M528.29M498.92M579.65M597.04M

Cash Flow

Currency: MYR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow63.00M65.00M62.00M69.00M49.76M76.90M83.59M66.56M37.55M50.02M35.38M28.83M49.88M37.62M
Investing Cash Flow-103.00M-7.00M-27.00M-40.00M-2.98M-93.76M-26.89M-5.96M-8.53M309.35K-7.57M10.49M-143.99M-8.73M
Financing Cash Flow47.00M-61.00M-44.00M-24.00M-51.30M24.40M-65.47M-63.47M-12.14M-18.59M-74.51M10.29M50.72M-40.71M
Capital Expenditure00000100.36K64.22K3.10K000425.17K152.02K0
Free Cash Flow-----76.80M83.53M66.56M37.55M50.02M35.38M28.40M49.73M37.62M
Dividends Paid---42.07M42.07M36.06M46.20M37.33M9.24M4.16M24.65M38.44M26.80M16.31M
FCF to OCF-----99.87%99.92%100.00%100.00%100.00%100.00%98.53%99.70%100.00%
Dividend Paid to FCF-----46.95%55.31%56.08%24.61%8.31%69.66%135.35%53.89%43.36%

Earnings

Report DateNov 28, 2012Feb 27, 2013May 29, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Sep 3, 2014Dec 3, 2014Feb 25, 2015Jun 3, 2015Sep 2, 2015Dec 2, 2015Feb 16, 2016Apr 25, 2016Aug 1, 2016Nov 4, 2016Feb 14, 2017May 22, 2017Aug 8, 2017Nov 24, 2017Feb 13, 2018May 21, 2018Aug 1, 2018Nov 12, 2018Feb 12, 2019May 27, 2019Aug 28, 2019Nov 8, 2019Feb 18, 2020May 22, 2020Aug 26, 2020Nov 25, 2020Feb 25, 2021May 24, 2021Aug 26, 2021Nov 26, 2021Feb 25, 2022May 23, 2022Aug 26, 2022Nov 15, 2022Feb 23, 2023May 25, 2023Aug 28, 2023Nov 22, 2023Feb 22, 2024May 23, 2024Aug 22, 2024Nov 26, 2024Feb 26, 2025May 28, 2025Aug 21, 2025Nov 26, 2025Feb 27, 2026May 25, 2026Aug 20, 2026
EPS Estimate--------------------------------------------------------
EPS Actual0.030.080.030.030.030.060.030.030.030.040.030.030.03-0.070.030.030.020.030.020.030.000.030.020.020.020.010.020.020.03-0.040.020.000.01-0.080.010.000.00-0.080.030.010.030.090.020.010.010.050.010.010.010.010.010.010.010.010.010.01
Surprise--------------------------------------------------------
Timing------------------------------------------Pre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hours-----

Key Statistics & Ratios

Market Cap347.55M
Enterprise Value1.02B
Trailing P/E16.33
Forward P/E12.50
Price / Sales2.76
Price / Book0.49
EPS0.03
Book Value1.05
Revenue (TTM)126.07M
Gross Profit (TTM)53.55M
EBITDA43.91M
Profit Margin16.51%
Operating Margin35.31%
Return on Equity2.80%
Return on Assets1.84%
Shares Outstanding709.29M
Shares Float290.33M
Beta0.18
Dividend Yield4.94%
Dividend Rate0.02
Payout Ratio79.59%

Dividends

20262×
0.01Sep 9, 20260.01Feb 10, 2026
20252×
0.01Sep 12, 20250.01Feb 10, 2025
20242×
0.02Sep 19, 20240.02Feb 8, 2024
20232×
0.03Sep 15, 20230.05Jan 25, 2023
20222×
0.03Sep 12, 20220.03Feb 14, 2022
20211×
0.01Feb 15, 2021
20201×
0.02Mar 11, 2020
20194×
0.02Dec 11, 20190.02Sep 12, 20190.02Jun 10, 20190.02Mar 13, 2019
20184×
0.02Dec 12, 20180.02Aug 30, 20180.02Jun 4, 20180.03Feb 26, 2018
20173×
0.04Aug 23, 20170.02Jun 2, 20170.03Feb 27, 2017
20161×
0.03Nov 30, 2016

Stock Splits

  • Jul 27, 20171007:985
  • Aug 29, 2012730:707