F

First Real Estate Investment Trust
AW9U

Last Price

Financial Snapshot

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Market Data

Market Cap
SGD580.52M
EV
SGD1.01B
Shares Outstanding
2.11B
Beta
0.39
Industry
REIT - Healthcare Facilities

Wall Street View

Analyst Rating
OUTPERFORM
Analyst Target Price
Number of Analysts
1
P/E 2025E
-
P/Revenue 2025E
5.82x

Historical 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Forecasted 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Margins & Returns

Gross Margin 2025E
96.30%
Net Profit Margin 2025E
48.88%
ROE 2025E
-
ROCE 2024
5.43%

Dividends

DPS 2025E
SGD0.02
Payout Ratio 2025E
-
Div. Yield 2025E
7.75%
DPS Last 3Y CAGR

Price Dynamic

Price

%

1M

3M

6M

1Y

3Y

5Y

Peers

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About First Real Estate Investment Trust

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F

First Real Estate Investment Trust

AW9U

First Real Estate Investment Trust (“First REIT” or the “Trust”), is a healthcare real estate investment trust focused on investing in income producing real estate properties which are primarily used for healthcare and healthcare related purposes. First REIT is manage...

Sector

Real Estate

Industry

REIT - Healthcare Facilities

CEO

Tan, Kok Mian

Employees

23

IPO Date

2007-11-07

Headquarters

333 Orchard Road, #33-02, Singapore 238867, Singapore

📊 Stock Price & Performance

The last closing price of First Real Estate Investment Trust (AW9U) is SGD0.28, reflecting a +0.00% change from the prior session. Last updated: January 1, 2026 at 4:04 AM Eastern Time

Review the recent AW9U stock performance trends:Past 1 Month: First Real Estate Investment Trust (AW9U) shares have +1.85%.Past 3 Months: The stock has -3.51%.Past 6 Months: AW9U shares have +3.77%. Last updated: December 31, 2025 at 11:59 PM Eastern Time

Over the last year, First Real Estate Investment Trust (AW9U) has established a 52-week price range between a high of SGD0.29 and a low of SGD0.25. This metric is essential for assessing the stock's annual volatility. Last updated: December 31, 2025 at 11:59 PM Eastern Time

First Real Estate Investment Trust (AW9U) is considered a low volatility stock. It has a beta of 0.39, which means it typically moves 0.39 times as much as the broader market. Over the past 52 weeks, AW9U has traded within a SGD0.25 – SGD0.29 range. Last updated: December 31, 2025 at 11:59 PM Eastern Time

Based on current AW9U analyst forecasts and market assumptions, the consensus price target for First Real Estate Investment Trust (AW9U) is SGD0.31 for 2027. Relative to the current price of SGD0.28, this implies a positive upside of +12.73%. Price targets reflect forward-looking estimates based on information available at the time and are inherently subject to change as underlying assumptions, company fundamentals, or market conditions evolve. Last updated: January 1, 2026 at 4:04 AM Eastern Time

A SGD1,000 investment in First Real Estate Investment Trust 5 years ago, when the stock was trading around SGD0.22, would be worth approximately SGD1287.26 today, based solely on share price performance (excluding dividends). This represents a total return of 28.73% over the period, equivalent to a compound annual growth rate (CAGR) of 5.18%. Past performance reflects historical price movements only and does not imply future results. Last updated: December 31, 2025 at 11:59 PM Eastern Time

💰 Financial Metrics & Reports

The current First Real Estate Investment Trust (AW9U) market capitalization is approximately SGD580.52M, based on its latest share price and shares outstanding. Market capitalization represents the total market value of a company's equity and is calculated by multiplying the current stock price by the number of shares outstanding. As a result, First Real Estate Investment Trust's market cap fluctuates with changes in its share price and share count. Last updated: December 31, 2025 at 11:59 PM Eastern Time

In the most recently reported quarter, First Real Estate Investment Trust (AW9U) generated SGD25.23M in revenue, representing a -2.93% year over year change. Quarterly revenue results and expectations reflect underlying demand trends, pricing dynamics, product or service mix, seasonality, and broader macroeconomic conditions. Actual results may differ from consensus estimates as new information becomes available. Last updated: January 1, 2026 at 3:18 AM Eastern Time

In the most recently reported fiscal year, First Real Estate Investment Trust (AW9U) generated net income of SGD36.75M, compared with SGD63.34M in the prior fiscal year, representing a -41.97% year over year change. For the upcoming fiscal year, analyst consensus currently estimates net income of SGD48.75M. Net income may be positive or negative and can fluctuate materially from year to year due to changes in operating performance, non-recurring or one-time items, accounting treatments, capital structure, and broader macroeconomic conditions. Last updated: January 1, 2026 at 3:18 AM Eastern Time

According to its latest quarterly filing, First Real Estate Investment Trust (AW9U) reported EBITDA of SGD21.47M, representing a -3.45% year over year change. EBITDA is a non-GAAP measure and does not account for depreciation, amortization, interest expense, taxes, or capital expenditures. As a result, it should be considered alongside other financial metrics when assessing operating performance. Actual results may differ from estimates as company-specific or macroeconomic conditions evolve. Last updated: January 1, 2026 at 3:18 AM Eastern Time

As of the most recent reporting period, the company's debt-to-equity ratio stands at 0.78x, calculated as total debt divided by total shareholders' equity. A lower debt-to-equity ratio generally indicates a more conservative capital structure with less reliance on external borrowing, while a higher ratio suggests greater financial leverage and potentially higher sensitivity to interest rates, refinancing conditions, and earnings volatility. The debt-to-equity ratio should be interpreted in the context of the company's industry, business model, cash flow stability, and balance sheet composition. Last updated: January 1, 2026 at 3:18 AM Eastern Time

Based on the latest available data, First Real Estate Investment Trust (AW9U) is currently trading at a last twelve months (LTM) P/E ratio of 14.91x. The P/E ratio reflects how much investors are willing to pay today for a dollar of earnings and can vary meaningfully over time due to changes in profitability, growth expectations, margin outlook, and earnings volatility. Last updated: January 1, 2026 at 4:04 AM Eastern Time

📅 Earnings & Dividends

In the most recently reported quarter, First Real Estate Investment Trust (AW9U) revenue was SGD25.23M. Earnings per share (EPS) for the quarter were SGD0.01. Revenue and EPS surprises may be positive or negative and can influence near-term stock performance depending on expectations, forward guidance, and broader market and sector conditions. For a detailed history of analyst expectations versus reported results, view the full estimates vs. actuals track record here: 👉 Estimates vs. Actuals Last updated: January 1, 2026 at 3:18 AM Eastern Time

📈 Analyst Information

Analyst assessments of whether First Real Estate Investment Trust (AW9U) consensus price target is overvalued or undervalued are generally expressed relative to consensus valuation frameworks and price targets, rather than as an absolute judgment.Current share price: SGD0.28Consensus price target: SGD0.31Implied return: +12.73% An implied return above current levels indicates that, on average, analysts view the stock as trading below their estimated fair value. Conversely, an implied return below current levels suggests the stock may be fully valued or priced above consensus expectations. This content is for informational purposes only and does not constitute investment advice. Last updated: January 1, 2026 at 4:04 AM Eastern Time

Based on the latest available analyst coverage, First Real Estate Investment Trust (AW9U) currently carries a Outperform consensus rating. Analysts' average AW9U price target is SGD0.31. Relative to the current share price of SGD0.28, this suggests a potential price change of approximately +12.73%. Analyst views are forward-looking estimates and should not be considered investment advice. Last updated: January 1, 2026 at 4:04 AM Eastern Time

Like other publicly traded stocks, First Real Estate Investment Trust (AW9U) shares are bought and sold on stock exchanges such as SGX and other supported markets, depending on the listing. The most common way to buy shares is through an online brokerage account. To get started, you typically need to: Open an account with a licensed stock brokerComplete the broker's verification processFund your accountPlace a buy order for First Real Estate Investment Trust (AW9U) shares Trading involves risk, and investors should consider their financial objectives and risk tolerance before investing.

ℹ️ Company Information

At the top right of this page, you'll see a star icon labeled Add to watchlist. Click it to add AW9U to your watchlist.

First Real Estate Investment Trust trades under the ticker symbol AW9U on the SGX stock exchange. The ticker AW9U is used to identify the company's common stock across trading platforms, market data providers, and regulatory filings.

As of the most recently reported period, First Real Estate Investment Trust (AW9U) employs approximately 23 people worldwide. Reported employee figures may fluctuate over time due to hiring activity, restructuring, automation initiatives, or changes in business strategy. Headcount data is typically disclosed in company filings and reflects full-time employees unless otherwise stated. Last updated: December 31, 2025 at 11:59 PM Eastern Time

First Real Estate Investment Trust (AW9U) operates in a highly competitive market with companies that often have different business models, geographic exposure, and end markets. While no two companies are identical, the following firms are generally considered the closest First Real Estate Investment Trust (AW9U) stock peers based on overlapping products, services, and competitive dynamics:One Liberty Properties (OLP)BRT Apartments (BRT)Wheeler Real Estate Investment Trust (WHLR)Whitestone REIT (WSR)Getty Realty (GTY)CareTrust REIT (CTRE)UMH Properties (UMH)Easterly Government Properties (DEA)Armada Hoffler Properties (AHH) These peers may differ in size, business mix, financial profile, and strategic focus, but they are commonly referenced due to overlapping markets, customer segments, or competitive positioning relative to First Real Estate Investment Trust.

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Market data is sourced from S&P Global Market Intelligence. All insights and analysis are developed by Gainify. Copyright © 2026, S&P Global Market Intelligence. All rights reserved.

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