ESR-REIT (J91U.SI) Stock Price

ESR-REIT Price

Delisted·May 9, 2025
2.22SGD
Last traded price

Over the last 18 years ESR-REIT grew revenue by 18.0% annually, reaching 370.50 M SGD. Earnings per share have grown at 1.3% per year over the last 15 years. For ESR-REIT, the net margin of -40.0% is down versus 1.2% a few years ago. At today's price the dividend yield works out to roughly 1.36%. The dividend has grown at 6.3% per year over the past 18 years.

ESR-REIT stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of ESR-REIT over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how ESR-REIT stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing ESR-REIT's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

ESR-REIT Stock Price History
DateESR-REIT Price
Access this data via the Eulerpool API

ESR-REIT Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
241.29 M SGD
155.65 M SGD
94.62 M SGD
Jan 1, 2022
343.23 M SGD
217.87 M SGD
-290.31 M SGD
Jan 1, 2023
386.35 M SGD
244.89 M SGD
-85.65 M SGD
Jan 1, 2024
370.50 M SGD
233.26 M SGD
-148.06 M SGD
Jan 1, 2025 (e)
425.77 M SGD
48.18 M SGD
150.78 M SGD
Jan 1, 2026 (e)
434.72 M SGD
49.19 M SGD
170.73 M SGD
Jan 1, 2027 (e)
445.78 M SGD
50.44 M SGD
175.13 M SGD
Jan 1, 2028 (e)
431.24 M SGD
0.00 SGD
0.00 SGD

ESR-REIT Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 22, 2026, 11:57 PM
 
REVENUEM SGD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM SGD
EBITM SGD
EBIT MARGIN%
NET INCOMEM SGD
NET INCOME GROWTH%
DIV.SGD
DIV. GROWTH%
SHARESM
2013201420152016201720182019202020212022202320242025e2026e2027e2028e
96.0099.00112.00112.00109.00156.00253.00229.00241.00343.00386.00370.00425.00434.00445.00431.00
7.873.1313.13-2.6843.1262.18-9.495.2442.3212.54-4.1514.862.122.53-3.15
59.3868.6967.8665.1863.3064.1067.1961.1464.3263.2763.2162.9762.9762.9762.9762.97
57.0068.0076.0073.0069.00100.00170.00140.00155.00217.00244.00233.00267.64273.30280.23271.41
57.0068.0076.0073.0069.00100.00170.00140.00155.00217.00244.00233.0048.0049.0050.00
59.3868.6967.8665.1863.3064.1067.1961.1464.3263.2763.2162.9711.2911.2911.24
118.0045.0052.007.00-239.002.0094.00-290.00-85.00-148.00150.00170.00175.00
32.58-61.8615.56-86.544,600.00-408.51-70.6974.12-201.3513.332.94
0.330.030.010.010.01
-90.91-66.67
124.80127.52130.57132.53132.64186.29331.99354.00382.02584.99745.01773.53773.53773.53773.53773.53
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales ESR-REIT generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue ESR-REIT retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare ESR-REIT's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares ESR-REIT has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against ESR-REIT's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

ESR-REIT stock margins

The ESR-REIT margin analysis displays the gross margin, EBIT margin, as well as the profit margin of ESR-REIT. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for ESR-REIT.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
61.29 %
61.29 %
1.20 %
Jan 1, 2021
64.51 %
64.51 %
39.22 %
Jan 1, 2022
63.48 %
63.48 %
-84.58 %
Jan 1, 2023
63.38 %
63.38 %
-22.17 %
Jan 1, 2024
62.96 %
62.96 %
-39.96 %
Jan 1, 2025 (e)
62.96 %
11.32 %
35.41 %
Jan 1, 2026 (e)
62.96 %
11.32 %
39.27 %
Jan 1, 2027 (e)
62.96 %
11.32 %
39.29 %

ESR-REIT Stock Revenue, EBIT, Earnings per Share

The ESR-REIT earnings per share therefore indicates how much revenue ESR-REIT has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
6.49 SGD
3.98 SGD
0.08 SGD
Jan 1, 2021
6.32 SGD
4.07 SGD
2.48 SGD
Jan 1, 2022
5.87 SGD
3.72 SGD
-4.96 SGD
Jan 1, 2023
5.19 SGD
3.29 SGD
-1.15 SGD
Jan 1, 2024
4.79 SGD
3.02 SGD
-1.91 SGD
Jan 1, 2025 (e)
5.50 SGD
0.62 SGD
1.95 SGD
Jan 1, 2026 (e)
5.62 SGD
0.64 SGD
2.21 SGD
Jan 1, 2027 (e)
5.76 SGD
0.65 SGD
2.26 SGD

ESR-REIT business model & stock analysis

ESR-REIT Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

ESR-REIT historical P/E ratio, EBIT multiple, and P/S ratio

ESR-REIT annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

ESR-REIT shares outstanding

The number of shares of ESR-REIT was 77.35 M in 2025. This indicates how many shares ESR-REIT is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
35.40 M Stocks
Jan 1, 2021
38.20 M Stocks
Jan 1, 2022
58.50 M Stocks
Jan 1, 2023
74.50 M Stocks
Jan 1, 2024
77.35 M Stocks
Jan 1, 2025 (e)
77.35 M Stocks
Jan 1, 2026 (e)
77.35 M Stocks
Jan 1, 2027 (e)
77.35 M Stocks

ESR-REIT stock splits

In ESR-REIT's history, there have been no stock splits.

ESR-REIT Dividend History

20 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250.00SGD 90.9%
Feb 4, 20250.00SGD 61.9%1/1
20240.03SGD 39.7%
20230.05SGD 91.4%
20220.03SGD 15.3%
20210.03SGD 48.0%
20200.02SGD 26.6%
20190.03SGD 41.1%
20180.02SGD 48.3%
20170.04SGD 9.2%
20160.04SGD 8.6%

ESR-REIT dividend history and estimates

In 2025, ESR-REIT paid a dividend amounting to 0.00 SGD. Dividend means that ESR-REIT distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2020 (e)
0.02 SGD
0.00 SGD
Jan 1, 2021 (e)
0.03 SGD
-0.03 SGD
Jan 1, 2022 (e)
0.03 SGD
-0.03 SGD
Jan 1, 2023 (e)
0.05 SGD
0.28 SGD
Jan 1, 2024
0.03 SGD
0.00 SGD
Jan 1, 2025 (e)
0.00 SGD
0.01 SGD
Jan 1, 2026 (e)
0.00 SGD
0.01 SGD
Jan 1, 2027 (e)
0.00 SGD
0.01 SGD

ESR-REIT dividend payout ratio

In 2025, ESR-REIT had a payout ratio of 4.23%. The payout ratio indicates the percentage of the company's profits that ESR-REIT distributes as dividends.
  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
2,619.47 %
Jan 1, 2021
39.50 %
Jan 1, 2022
-5.28 %
Jan 1, 2023
-215.67 %
Jan 1, 2024
-15.83 %
Jan 1, 2025 (e)
4.23 %
Jan 1, 2026 (e)
3.74 %
Jan 1, 2027 (e)
3.64 %
Price targets and forecasts for ESR-REIT are not yet available.

ESR-REIT Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
10/30/20080.01SGD--SGD-2008 Q3
1/29/20080.01SGD--SGD-2007 Q4
11/1/20070.01SGD--SGD-2007 Q3
7/31/20070.01SGD--SGD-2007 Q2
4/26/20070.01SGD--SGD-2007 Q1

EESG©

Eulerpool ESG Scorecard© for the ESR-REIT stock

72/100
99
Environment
83
Social
34
Governance
E

Environment

20
Scope 1 - Direct Emissions457.8
Scope 2 - Indirect emissions from purchased energy15,655.8
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions16,113.6
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees68.2
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

ESR-REIT shareholder structure

% Name
22.00176%
Mega EquityCo
Mega EquityCo
3.17572%
ESR Funds Management (S) Ltd
ESR Funds Management (S) Ltd
2.97478%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.39649%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
0.89024%
Mirae Asset Global Investments (USA) LLC
Mirae Asset Global Investments (USA) LLC
0.79242%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.

ESR-REIT Beneficial Ownership Filings (SEC 13D/G)

Free Float
7.6%
Float Shares
-
Shares Outstanding
-

ESR-REIT Executives and Management Board

19 members · avg. age 58 · 42 % women

WC

Mr. Wai Yin Chui (48)

Chief Executive Officer, Executive Director · since 2017

100,000.00 SGD

Management

KL

Ms. Karen Lee

Deputy Chief Executive Officer

100,000.00 SGD
DK

Mr. Don Kok

Chief Financial Officer

100,000.00 SGD
CC

Ms. Charlene-Jayne Chang

Head of Capital Markets and Investor Relations

100,000.00 SGD
CC

Mr. Carlvin Chia

Co-Head of Asset Management

100,000.00 SGD
NT

Ms. Nancy Tan (59)

Head - Investment

100,000.00 SGD
WC

Mr. Wei Chie Chan

General Manager, Head - Property Management

Board of Directors

ST

Ms. Stefanie Yuen Thio (54)

Independent Non-Executive Chairperson of the Board

164,000.00 SGD
CL

Mr. Cheng Aun Lim (77)

Independent Non-Executive Director

104,412.00 SGD
NS

Mr. Nagaraj Sivaram (65)

Independent Non-Executive Director

100,000.00 SGD
LL

Dr. Lai Wan Lo (62)

Independent Non-Executive Director

89,412.00 SGD
PL

Mr. Pok Yen Loi (54)

Independent Non-Executive Director

69,203.00 SGD
GA

Mr. George Agethen (47)

Non-Executive Director

ESR-REIT Supply Chain

ESR-REIT Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
6 companies
#NameTrend
1
GKE
Customer·Air Freight & Logistics·SG
-0.18
0.62
0.72
0.88
0.43
0.49
#NameTrend
1
ams-OSRAM
Customer·Semiconductors & Semiconductor Equipment·AT
-0.51
0.56
0.75
0.85
0.61
-0.28
2
Venture
Customer·Electronic Equipment, Instruments & Components·SG
-0.14
-0.27
-0.23
0.67
0.52
-0.27
3
Yanlord Land Group
Customer·Real Estate Management & Development·SG
-0.80
0.23
0.45
-0.50
-0.53
-0.27
4
Shimizu
Customer·Construction & Engineering·JP
-0.53
-0.09
0.77
0.21
0.15
-0.11
5
ESR Cayman
Supplier·Customer·Real Estate Management & Development·HK
-0.34
0.61
0.51
0.77
0.32
0.28

Frequently asked questions about ESR-REIT

11 analysts currently rate the ESR-REIT stock: 10 recommend buying, 1 holding and 0 selling. For 2026, analysts expect ESR-REIT to generate revenue of 434.72 M SGD and earnings per share of 2.21 SGD.

Converted at the current exchange rate, the ESR-REIT share trades at 1.50 EUR (2.22 SGD).

The ESR-REIT share (J91U.SI) is listed on 5 stock exchanges, including: Frankfurt (UZ0.F), Düsseldorf (UZ0.DU).

No history available for ESR-REIT.

The expected revenue of ESR-REIT is 434.72 M SGD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of ESR-REIT is 170.73 M SGD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of ESR-REIT is currently 1.01. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the ESR-REIT stock.

The price-to-sales ratio (P/S) of ESR-REIT is currently 0.40. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the ESR-REIT stock.

The Eulerpool Quality Score for ESR-REIT is 5/10.

The ISIN of ESR-REIT is SGXC55341835. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of ESR-REIT is A0KDUP. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of ESR-REIT is J91U.SI. The ticker symbol is used to trade ESR-REIT shares on the stock exchange.

Over the past 12 months, ESR-REIT paid a dividend of 0.03 SGD . This corresponds to a dividend yield of about 1.36 %. For the coming 12 months, ESR-REIT is expected to pay a dividend of 0.01 SGD.

The current dividend yield of ESR-REIT is 1.36 %.

ESR-REIT pays a dividend, distributed in the months of , , , .

ESR-REIT paid dividends every year for the past 20 years.

For the upcoming 12 months, dividends amounting to 0.01 SGD are expected. This corresponds to a dividend yield of 0.37 %.

ESR-REIT is assigned to the 'Real Estate' sector.

To receive the latest dividend of ESR-REIT from amounting to 0 SGD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, ESR-REIT distributed 0.03 SGD as dividends.

The dividends of ESR-REIT are distributed in SGD.

All fundamentals and in-depth analysis of ESR-REIT

Our stock analysis for ESR-REIT stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ESR-REIT. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.