SF Real Estate Investment Trust (HKG:2191)

HKG:2191 Statistics

Total Valuation

HKG:2191 has a market cap or net worth of HKD 2.13 billion. The enterprise value is 4.48 billion.

Market Cap	2.13B
Enterprise Value	4.48B

Important Dates

The last earnings date was Thursday, March 12, 2026.

Earnings Date	Mar 12, 2026
Ex-Dividend Date	Mar 26, 2026

Share Statistics

HKG:2191 has 820.36 million shares outstanding. The number of shares has increased by 1.03% in one year.

Current Share Class	820.36M
Shares Outstanding	820.36M
Shares Change (YoY)	+1.03%
Shares Change (QoQ)	+0.28%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	21.75%
Float	520.00M

Valuation Ratios

Price/FFO Ratio	n/a
Price/AFFO Ratio	n/a
PE Ratio	n/a
Forward PE	11.76
PS Ratio	4.79
PB Ratio	0.67
P/TBV Ratio	0.67
P/FCF Ratio	8.28
P/OCF Ratio	8.27
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.57, with an EV/FCF ratio of 17.40.

EV / Earnings	-13.49
EV / Sales	10.07
EV / EBITDA	14.57
EV / EBIT	14.67
EV / FCF	17.40

Financial Position

The company has a current ratio of 0.94, with a Debt / Equity ratio of 0.78.

Current Ratio	0.94
Quick Ratio	0.67
Debt / Equity	0.78
Debt / EBITDA	8.03
Debt / FCF	9.58
Interest Coverage	3.58

Financial Efficiency

Return on equity (ROE) is -9.68% and return on invested capital (ROIC) is 5.41%.

Return on Equity (ROE)	-9.68%
Return on Assets (ROA)	2.85%
Return on Invested Capital (ROIC)	5.41%
Return on Capital Employed (ROCE)	4.92%
Weighted Average Cost of Capital (WACC)	4.24%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.07
Inventory Turnover	n/a

Taxes

Income Tax	-53.25M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -8.51% in the last 52 weeks. The beta is 0.32, so HKG:2191's price volatility has been lower than the market average.

Beta (5Y)	0.32
52-Week Price Change	-8.51%
50-Day Moving Average	2.62
200-Day Moving Average	2.78
Relative Strength Index (RSI)	44.93
Average Volume (20 Days)	825,427

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, HKG:2191 had revenue of HKD 445.45 million and -332.32 million in losses. Loss per share was -0.41.

Revenue	445.45M
Gross Profit	366.56M
Operating Income	305.61M
Pretax Income	-385.57M
Net Income	-332.32M
EBITDA	307.80M
EBIT	305.61M
Loss Per Share	-0.41

Balance Sheet

The company has 118.95 million in cash and 2.47 billion in debt, with a net cash position of -2.35 billion or -2.87 per share.

Cash & Cash Equivalents	118.95M
Total Debt	2.47B
Net Cash	-2.35B
Net Cash Per Share	-2.87
Equity (Book Value)	3.18B
Book Value Per Share	3.88
Working Capital	-12.44M

Cash Flow

In the last 12 months, operating cash flow was 257.87 million and capital expenditures -127,000, giving a free cash flow of 257.74 million.

Operating Cash Flow	257.87M
Capital Expenditures	-127,000
Depreciation & Amortization	n/a
Net Borrowing	n/a
Free Cash Flow	257.74M
FCF Per Share	0.31

Margins

Gross margin is 82.29%, with operating and profit margins of 68.61% and -74.60%.

Gross Margin	82.29%
Operating Margin	68.61%
Pretax Margin	-86.56%
Profit Margin	-74.60%
EBITDA Margin	69.10%
EBIT Margin	68.61%
FCF Margin	57.86%

Dividends & Yields

This stock pays an annual dividend of 0.26, which amounts to a dividend yield of 10.13%.

Dividend Per Share	0.26
Dividend Yield	10.13%
Dividend Growth (YoY)	-3.91%
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-1.03%
Shareholder Yield	9.10%
Earnings Yield	-15.58%
FCF Yield	12.08%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	5