APAC REALTY ($SGX:CLN) reported their financial results for the second quarter of FY2023, as of June 30 2023, showing total revenue of SGD 259.4 million, a 24.2% decrease from August 14 2023. Net income for the same period dropped by 70.0% year-on-year to SGD 5.0 million.
Analysis – Apac Realty Intrinsic Stock Value
GoodWhale has conducted an analysis of APAC REALTY‘s wellbeing and has determined its intrinsic value to be around SG$0.3. This value was calculated using our proprietary Valuation Line, which is a model designed to measure the worth of assets. At the current time, APAC REALTY stock is being traded at SG$0.6, which is significantly overvalued by 89.5%. This means investors should be wary of investing in this stock at current prices as it may be a risky investment. We recommend investors exercise caution and do further research before making any decisions to invest in APAC REALTY. More…
Risk Rating Analysis
Star Chart Analysis
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Apac Realty. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Apac Realty. More…
Cash Flow Statement (Yearly/ Quarterly/ LTM)
Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Apac Realty. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Apac Realty are shown below. More…
Income Statement Ratios
Balance Sheet Ratios
Cash Flow Ratios
Other Supplementary Items
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The competition between APAC Realty Ltd and its competitors is fierce. Accentro Real Estate AG, Open House Group Co Ltd, Douglas Elliman Inc are all vying for a piece of the pie.
– Accentro Real Estate AG ($LTS:0E80)
Accentro Real Estate AG is a Germany-based company engaged in the business of residential property management. The Company’s activities are divided into three segments: Living, which includes the management and administration of residential properties for third parties; Investing, which includes the acquisition, development and sale of residential properties; and Services, which includes the provision of ancillary services to residential property owners, such as the installation of energy-saving measures. The Company operates through a network of regional and local subsidiaries.
– Open House Group Co Ltd ($TSE:3288)
Open House Group Co Ltd is a Chinese real estate company with a market cap of 721.7B as of 2022. The company has a Return on Equity of 22.55%. The company is involved in the development, sale, and management of residential and commercial properties in China.
– Douglas Elliman Inc ($NYSE:DOUG)
Douglas Elliman Inc is a real estate brokerage firm headquartered in New York City. The company has a market cap of 322.56M as of 2022 and a Return on Equity of 7.83%. The company operates in the US and Canada, and offers a variety of services including residential and commercial sales, leasing, property management, and valuation.
APAC REALTY‘s latest earnings report for FY2023 Q2, as of June 30 2023, has provided a glimpse into the company’s performance. Total revenue decreased 24.2% compared to the same period last year, falling to SGD 259.4 million. Net income plummeted 70.0%, coming in at SGD 5.0 million.
From an investing perspective, this result is concerning and suggests that investors should take a closer look at the company’s fundamentals before taking any positions. Further analysis is needed to determine how these results may affect APAC REALTY’s future prospects and stock performance.