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Al-Salam Real Estate Investment Trust

5269 · KLSE · Real Estate / REIT - Diversified

0.535MYR-0.01 (-0.93%)

Price History

Full chart

Market Stats

Previous Close0.54
Open0.535
Day Range0.535 – 0.54
52-Week Range0.41 – 0.621
Volume24.20K
Market Cap342.20M
P/E (TTM)19.67
Forward P/E11.81
EPS0.03
Dividend Yield5.83%
Beta0.27
50-Day Avg0.5945
200-Day Avg0.5138

About

Al-Salam Real Estate Investment Trust (Al-Salam REIT) is a Shariah-compliant fund that invests in diversified Shariah-compliant properties. The properties of Al-Salam REIT, which has a diverse portfolio, are strategically located throughout Malaysia. Al-Salam REIT achieved its first milestone on 29 September 2015, when it was listed on Bursa Malaysia Securities Berhad's Main Market with an initial property value of RM903.1 million. Al-Salam REIT began with 31 properties in 2015 and has grown to 54 properties across Malaysia, including 4 retail outlets, an office building, 42 F&B restaurants, 6 industrial assets and a college. Al-Salam REIT's property value increased to RM1.24 billion as of 31 December 2024 from its initial investment. Al-Salam REIT's market capitalisation was RM217.5 million as of 31 December 2024. Al-Salam Real Estate Investment Trust is incoporated in Malaysia.

Company Details

  • SectorReal Estate
  • IndustryREIT - Diversified
  • CEOMr. Zulhilmy Bin Kamaruddin
  • Employees26
  • HeadquartersUnit 1-19-02, Level 19, Block 1, Petaling Jaya, Malaysia, 46200, Malaysia
  • Websitehttps://www.alsalamreit.com.my

Leadership

  • Mr. Zulhilmy Bin KamaruddinChief Executive Officer of JLG REIT Managers Sdn. Bhd · b. 1976
  • Mr. Ahmad Nazri Bin MohamadChief Financial Officer of JLG REIT Managers Sdn. Bhd · b. 1977
  • Mr. Tan Joon KaiChief Operating Officer of JLG REIT Managers Sdn. Bhd · b. 1972
  • Mr. Isham Shafarin IshakHead of Investment · b. 1980
  • Ms. Debbie Cindy MuntingHead of Investor Relations and Strategy · b. 1979
  • Ms. Roziah Binti Abu BakarHead of Corporate Services & Compliance Officer - JLG REIT Managers Sdn. Bhd · b. 1968
  • Ms. Nor Shakira Binti ZainalHead of Governance & Legal -JLG REIT Managers Sdn. Bhd · b. 1986
  • Ms. Nuraliza Binti Abdul RahmanSecretary of JLG REIT Managers Sdn. Bhd
  • Ms. Zaidatul Neezma Binti Zainal AbidinJoint Secretary

Financials

Income Statement

Currency: MYR2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue20.66M76.13M80.03M82.15M94.91M86.10M71.54M71.80M76.28M78.45M88.82M
Growth (%)-+268.43%+5.12%+2.65%+15.53%-9.28%-16.91%+0.36%+6.24%+2.85%+13.22%
Cost of Revenue4.96M19.22M23.15M23.91M25.79M21.13M16.55M20.36M25.37M27.04M27.73M
Gross Profit15.71M56.91M56.89M58.25M69.12M64.97M54.99M51.44M50.91M51.41M61.10M
Gross Margin76.01%74.75%71.08%70.90%72.83%75.46%76.87%71.64%66.74%65.54%68.79%
Operating Expense939.82K10.25M16.28M17.94M32.97M77.25M51.81M-14.56M29.02M45.88M47.26M
Operating Income14.77M46.67M40.61M40.30M36.15M-12.29M3.19M66.00M21.88M5.53M13.84M
Operating Margin71.46%61.30%50.74%49.06%38.09%-14.27%4.45%91.92%28.69%7.05%15.58%
EBITDA--59.10M63.75M70.11M16.77M29.40M94.56M58.58M46.20M54.12M
EBITDA Margin--73.84%77.60%73.87%19.48%41.09%131.70%76.79%58.89%60.93%
Net Income14.77M46.67M40.61M40.30M36.15M-13.53M3.20M65.42M21.70M5.28M13.62M
Net Income Margin71.46%61.30%50.74%49.06%38.09%-15.71%4.48%91.11%28.45%6.74%15.34%
Interest Expense07.24M12.22M14.78M29.21M59.70M38.45M18.81M22.97M41.55M41.95M
Interest Expense % of Total Revenue0.00%9.52%15.27%17.99%30.78%69.34%53.74%26.20%30.12%52.96%47.23%

Balance Sheet

Currency: MYR2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets949.69M978.18M988.76M1.16B1.25B1.25B1.25B1.31B1.32B1.32B1.32B
Total Liabilities362.37M366.24M372.46M535.51M625.10M657.17M662.89M665.33M669.65M668.81M663.37M
Total Equity587.31M611.94M616.30M620.93M624.08M597.38M590.61M639.79M646.41M648.39M651.98M
Cash-6.36M12.65M12.49M8.42M6.34M9.80M13.58M5.77M4.69M14.94M
Total Debt-346.80M350.80M509.53M597.53M633.86M-----
Net Debt--305.73M462.76M566.13M605.03M607.35M593.00M633.84M635.09M615.75M

Cash Flow

Currency: MYR2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow26.12M52.86M47.81M52.45M63.25M28.37M36.55M51.10M42.58M41.66M61.86M
Investing Cash Flow-593.39M8.69M100.23K-7.93M-233.85K-1.68M-286.27K-25.56K-1.59M-1.03M14.02M
Financing Cash Flow583.47M-39.89M-50.61M-45.60M-65.69M-30.87M-34.50M-43.00M-48.66M-44.05M-60.60M
Capital Expenditure0152.29K434.53K397.91K175.65K110.03K3.50K275.10K270.79K168.57K20.83K
Free Cash Flow--47.37M52.05M63.07M28.26M36.55M50.83M42.31M41.49M61.84M
Dividends Paid-22.04M36.25M29.87M32.60M13.17M9.98M16.24M15.08M3.31M10.03M
FCF to OCF--99.09%99.24%99.72%99.61%99.99%99.46%99.36%99.60%99.97%
Dividend Paid to FCF--76.52%57.39%51.68%46.59%27.30%31.95%35.64%7.97%16.23%

Earnings

Report DateSep 30, 2015Mar 2, 2016May 20, 2016Aug 31, 2016Nov 30, 2016Feb 15, 2017May 23, 2017Aug 24, 2017Nov 23, 2017Feb 14, 2018May 24, 2018Aug 29, 2018Nov 22, 2018Feb 13, 2019May 22, 2019Aug 21, 2019Nov 28, 2019Feb 19, 2020May 29, 2020Aug 28, 2020Nov 26, 2020Feb 19, 2021May 28, 2021Aug 26, 2021Nov 26, 2021Feb 28, 2022May 30, 2022Aug 26, 2022Nov 25, 2022Feb 24, 2023May 26, 2023Aug 25, 2023Nov 23, 2023Feb 22, 2024May 24, 2024Aug 29, 2024Nov 28, 2024Feb 20, 2025May 26, 2025Aug 27, 2025Nov 26, 2025Feb 25, 2026May 25, 2026Aug 27, 2026
EPS Estimate--------------------------------------------
EPS Actual0.000.030.010.010.020.040.020.020.010.020.010.010.010.030.020.010.010.020.020.010.01-0.050.010.010.01-0.020.010.010.010.090.010.010.000.020.000.000.00-0.000.010.010.010.010.010.01
Surprise--------------------------------------------
Timing---------------------------Pre-marketPre-market-Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market-

Key Statistics & Ratios

Market Cap342.20M
Enterprise Value924.41M
Trailing P/E19.67
Forward P/E11.81
PEG Ratio0.34
Price / Sales3.78
Price / Book0.52
EPS0.03
Book Value1.13
Revenue (TTM)90.60M
Gross Profit (TTM)59.53M
EBITDA58.92M
Profit Margin20.99%
Operating Margin61.92%
Return on Equity2.92%
Return on Assets2.79%
Shares Outstanding580.00M
Shares Float264.86M
Beta0.27
Dividend Yield5.83%
Dividend Rate0.03
Payout Ratio92.68%

Dividends

20263×
0.01Sep 14, 20260.01Jun 10, 20260.01Feb 10, 2026
20254×
0.01Dec 11, 20250.00Sep 12, 20250.01Jun 10, 20250.00Feb 12, 2025
20243×
0.00Sep 12, 20240.00Jun 10, 20240.00Feb 13, 2024
20234×
0.00Dec 8, 20230.00Sep 12, 20230.00Jun 15, 20230.01Feb 16, 2023
20223×
0.01Dec 15, 20220.01Sep 19, 20220.00Feb 11, 2022
20212×
0.01Dec 23, 20210.01Feb 11, 2021
20202×
0.00Mar 24, 20200.01Feb 14, 2020
20193×
0.01Dec 11, 20190.01Sep 23, 20190.00Jun 17, 2019