Morningstar

ESR Group Ltd 01821

Morningstar Rating
Unlock
Stock XHKG Rating as of
HK$12.20 −0.20 (1.61%)
View Full Chart
As of Delayed Price Closed

Company Report

View Archive

ESR Group Is a Leading Private Equity Real Estate Manager In Asia

Xinfu Lee

ESR Group is one of the leading logistics real estate investment and asset managers in the Asia-Pacific, with total assets under management, or AUM, of USD 154 billion. At the core of ESR’s business model is its highly scalable, fully integrated real estate investment platform that begins from sourcing land for development to design, to the construction and then the leasing up of the property. Once the property is leased up and stabilized, the group will look to realize development profits by divesting the asset and recycling capital into future projects.

Read Full Report

Price vs Fair Value

View History
01821 is trading within a range we consider fairly valued.
Price
HK$12.40
Fair Value
HK$35.00
Uncertainty
Medium
1-Star Price
HK$48.52
5-Star Price
HK$6.60
Economic Moat
Jdwwfxb
Capital Allocation
Trzclfpd

Bulls Say, Bears Say

Bulls

ESR Group’s fully integrated real estate platform and business model enable it to retain long-term operational control of its assets while capturing fee income across the life cycle of the assets.

Bears

Upcoming increases in interest rates will raise financing costs and cost of capital, making it difficult for the group to raise new funds and grow its profitability.

Show More

News

View All

Trading Information

Previous Close Price
HK$12.40
Day Range
HK$12.02–12.50
52-Week Range
HK$7.18–13.16
Bid/Ask
HK$12.20 / HK$12.28
Market Cap
HK$51.79 Bil
Volume/Avg
2.1 Mil / 3.7 Mil

Key Statistics

Price/Earnings (Normalized)
49.84
Price/Sales
9.37
Dividend Yield (Trailing)
2.02%
Dividend Yield (Forward)
2.02%
Total Yield
5.40%

Company Profile

ESR Group, or ESR, is one of the largest real asset managers in the Asia-Pacific, with USD 154 billion in total assets under management as of June 30, 2024. Most of its earnings are derived from fund management, where it manages underlying assets in investment vehicles such as a fund or REIT for fee income and a share of profits. It also develops and holds investment properties on its balance sheet for rental income and capital appreciation and will divest them into its managed funds and REITs over time to unlock and recycle the capital into other investment opportunities. In addition, to align its interest with its capital partners, ESR co-invests in the funds and REITs that it manages where it generates dividend income, pro rata earnings and value appreciation.
Sector
Real Estate
Industry
Real Estate Services
Stock Style Box
Large Core
Total Number of Employees
2,231
Website
https://www.esr.com

Competitors

Valuation

View More
Metric
01821
CHC
GMG
Price/Earnings (Normalized)
 49.8413.6333.80
Price/Book Value
 0.962.614.03
Price/Sales
 9.3714.8336.73
Price/Cash Flow
 —17.5259.39
Price/Earnings
01821
CHC
GMG

Financial Strength

Metric
01821
CHC
GMG
Quick Ratio
 0.901.791.42
Current Ratio
 1.362.101.77
Interest Coverage
 0.36−3.23−1.52
Quick Ratio
01821
CHC
GMG

Profitability

Metric
01821
CHC
GMG
Return on Assets (Normalized)
 0.24%−4.62%8.67%
Return on Equity (Normalized)
 0.51%−5.85%11.58%
Return on Invested Capital (Normalized)
 1.66%−4.67%9.57%
Return on Assets
01821
CHC
GMG

Real Estate Services Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
CBRE Group Inc Class A
CBRE
YxcvhnftKcmxwk$38.3 Bil
 KE Holdings Inc ADR
BEKE
CskbrfzwSdzlkn$32.6 Bil
 CoStar Group Inc
CSGP
TclhrvykFxnk$30.8 Bil
 Vonovia SE
VNNVF
—Gvjgx$30.6 Bil
 Vonovia SE ADR
VONOY
—Bpdgh$30.6 Bil
 Cellnex Telecom SA ADR
CLLNY
—Gbknkf$28.7 Bil
 Cellnex Telecom SA
CLNXF
—Fslhqs$28.7 Bil
 Sumitomo Realty & Development Co Ltd ADR
SURYY
—Tdwj$16.2 Bil
 Jones Lang LaSalle Inc
JLL
FvrwfszXlwxh$12.7 Bil
 Cushman & Wakefield PLC
CWK
VmywgtkBvhh$3.1 Bil

Sponsor Center