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Parkway Life Real Estate Investment Trust (PLife)

SGX:C2PU
Dividend Yield 3.64%
P/B Ratio 1.71
Aggregate Leverage Ratio 36.1
Occupancy Rate 99.7%
WALE 15.17 year(s)
Interest Coverage Ratio 9.3 times
Fixed Rate Debt 90%
Ex-dividend Date 12 Feb 2025
Record Date 13 Feb 2025
Payout Date 11 Mar 2025
Type Healthcare

Remarks

The higher price-to-book P/B ratio of >1.7 indicates a significant premium to its fair value. This premium may be attributed to the healthcare sector's defensive nature, prudent financial management, and consistent track record of delivering growing DPUs.
David Ang - 6 Feb 2025
Parkway Life Real Estate Investment Trust's (PLife) debt maturity profile is relatively well-staggered. Just 2% of its debt is due in 2025, but this number ballooned to 24% in 2026.
David Ang - 22 Apr 2025
Parkway Life Real Estate Investment Trust (PLife) reported 7.3% higher gross revenue YoY for 1Q 2025. NPI climbed by 7.5% YoY, while DPU increased by 1.3% YoY.
David Ang - 22 Apr 2025
Parkway Life Real Estate Investment Trust (PLife) has prudent financial management, with an aggregate leverage ratio of only 36.1% and an interest coverage ratio of 9.3 times. The percentage of debt hedged to a fixed rate is also healthy at 90%.
David Ang - 22 Apr 2025

Geographical Exposure

Singapore 65.1%
Japan 28.1%
France 6.6%
Malaysia 0.2%

Sectoral Exposure

Healthcare 100%

Dividend Distribution History (DPU)

Debt Maturity Profile

In $ millions
Show debt maturity profile details
Fiscal Year Debt (in $ millions) Percentage
FY25 23 2%
FY26 230 24%
FY27 253 27%
FY28 113 12%
FY29 73 8%
FY30 150 16%
FY31 101 11%
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.