| Dividend Yield | 3.6% |
| P/B Ratio | 1.72 |
| Aggregate Leverage Ratio | 34.8 |
| Occupancy Rate | 99.7% |
| WALE | 15.34 year(s) |
| Interest Coverage Ratio | 9.8 times |
| Fixed Rate Debt | 87% |
| Ex-dividend Date | 12 Feb 2025 |
| Record Date | 13 Feb 2025 |
| Payout Date | 11 Mar 2025 |
| Type | Healthcare |
Remarks
Parkway Life Real Estate Investment Trust (PLife) reported -0.3% lower gross revenue YoY for 2H 2024. NPI declined by -1.1% YoY, while distributable income increased by 1.2% YoY.
David Ang - 6 Feb 2025The 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 2025Parkway 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 26% in 2026.
David Ang - 6 Feb 2025Parkway Life Real Estate Investment Trust (PLife) has prudent financial management, with an aggregate leverage ratio of only 34.8% and an interest coverage ratio of 9.8 times. The percentage of debt hedged to a fixed rate is also healthy at 87%.
David Ang - 6 Feb 2025Geographical 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 | 18 | 2% |
| FY26 | 228 | 25.69% |
| FY27 | 247 | 27.8% |
| FY28 | 81 | 9.15% |
| FY29 | 70 | 7.93% |
| FY30 | 146 | 16.4% |
| FY31 | 98 | 11.02% |
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.