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ESR LOGOS REIT (SGX:J91U) Earnings Yield % : N/A% (As of May. 27, 2024)


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What is ESR LOGOS REIT Earnings Yield %?

The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2024-05-27), the stock price of ESR LOGOS REIT is S$0.29. ESR LOGOS REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was S$-0.05. Therefore, ESR LOGOS REIT's earnings yield of today is N/A%.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. ESR LOGOS REIT's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


ESR LOGOS REIT Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

ESR LOGOS REIT's Earnings Yield for today is calculated as

Earnings Yield=Earnings per Share (Diluted) (TTM)/Share Price
=-0.051/0.29
=N/A %

For company reported semi-annually, ESR LOGOS REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-0.051 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Earnings Yield=Net Income /Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.


ESR LOGOS REIT  (SGX:J91U) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.


ESR LOGOS REIT Earnings Yield % Related Terms

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ESR LOGOS REIT (SGX:J91U) Business Description

Traded in Other Exchanges
Address
5 Temasek Boulevard, No. 12-09 Suntec Tower Five, Singapore, SGP, 038985
ESR-Logos REIT is a Singapore-focused REIT that invests primarily in industrial properties and business parks. Its portfolio consists of 82 properties (including joint ventures), with assets under management of SGD 5 billion, spreading across Singapore, Australia and Japan. Property types include business parks, general industrial, logistics and warehouse, and high-specification industrial properties. The trust also invested in three property funds, namely ESR Australia Logistics Partnership, New LAIVS Trust, and Oxford Property Fund. The trust is externally managed by ESR Funds Management (S) Limited, which in turn is majority-owned by parent, ESR Group. Overall, ESR Group has around 10% stake in the trust through direct and indirect interests.

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