Stock Fundamentals

Company Information

Company Name
Al Aqar Healthcare Reit
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Exchange
KLSE
ISIN: MYL5116TO007
Currency: MYR
Full Time Employees: 11
Phone: 60 3 7932 1692
Fiscal Year End: December
Description:

Al-`Aqar Healthcare REIT ("Al-`Aqar) is listed on the main market of Bursa Malaysia. From its humble beginnings with a portfolio of just six properties, Al-`Aqar has steadily evolved and transformed into a reputable player in the Malaysian REIT landscape. Today, it boasts an extensive portfolio of 23 properties strategically diversified across several key segments, with a notable focus on healthcare assets. The portfolio now comprises 17 hospitals, three wellness/ health centers, two colleges, and an aged care facility, underscoring Al-`Aqar's robust position in the healthcare real estate sector. This diverse mix of properties not only highlights the fund's adaptability but also its ability to cater to the growing demand for specialized healthcare and wellness services in Malaysia. Al-`Aqar's growth trajectory has been driven by the expertise and strong leadership of JLG REIT Managers Sdn Bhd (JRM) (formerly known as Damansara REIT Managers Sdn Berhad), which serves as the fund manager. JRM is a wholly owned subsidiary of Johor Corporation and is further supported by KPJ Healthcare Berhad (KPJ), both of which provide a solid foundation for Al-`Aqar's strategic direction and operational success. JRM's dedicated efforts in asset management, operational efficiency, and portfolio optimization have been instrumental in the fund's continued success and expansion. As of 31 December 2024, Al-`Aqar's portfolio is valued at RM1.65 billion, with a market capitalization of RM1.14 billion. Al-'Aqar Healthcare REIT was incorporated in 2006 in Malaysia.

Address:

Unit 1-19-02, Level 19, Block 1, Petaling Jaya, Malaysia, 46200

Directors & Officers

Name Title Year Born
Mr. Zulhilmy Bin Kamaruddin Chief Executive Officer of JLG REIT Managers Sdn Bhd 1976
Mr. Ahmad Nazri Bin Mohamad Chief Financial Officer of JLG REIT Managers Sdn Bhd 1977
Mr. Tan Joon Kai Chief Operating Officer of JLG REIT Managers Sdn Bhd 1972
Ms. Nor Shakira Binti Zainal Head of Governance & Legal of JLG REIT Managers Sdn Bhd 1985
Ms. Roziah Binti Abu Bakar Head of Corporate Services 1968
Ms. Nuraliza Binti Abdul Rahman Joint Secretary of Damansara REIT Managers Sdn Berhad NA
Rohaya Binti Jaafar Joint Secretary NA

Shares Statistics

Shares Outstanding: 839.60M
Shares Float: 538.20M
% Insiders: 3,903.80%
% Institutions: 4,969.90%

Valuation Metrics

Enterprise Value: $1.90B
Trailing P/E: 16.86
Forward P/E: 15.72

Financial Highlights

Market Cap: $990.73M
P/E Ratio: $16.86
Book Value: $1.25
Dividend/Share: $0.07
Dividend Yield: 6.02%
Earnings/Share: $0.07
Profit Margin: 46.07%
Operating Margin: 86.62%
ROA (TTM): 3.40%
ROE (TTM): 5.43%
Revenue (TTM): $124.21M
Revenue/Share (TTM): $0.15
Earnings Growth (YOY): 9.50%
Revenue Growth (YOY): 13.00%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 0.32x 0.96x 0.50x 1.17x 18.11x
2024-12-31 1.57x 0.72x 0.43x 1.43x 13.07x
2023-12-31 2.42x 0.71x 0.42x 1.50x 12.51x
2022-12-31 6.25x 0.88x 0.48x 1.64x 9.93x
2021-12-31 6.14x 0.72x 0.43x 3.57x 6.89x
2020-12-31 0.19x 0.72x 0.43x 0.17x 14.12x
2019-12-31 1.94x 0.71x 0.43x 4.25x 6.32x
2018-12-31 4.71x 0.64x 0.40x 116.07x 4.93x
2017-12-31 0.16x 0.62x 0.41x 96.50x 5.03x
2016-12-31 3.73x 0.73x 0.44x 2.23x 10.22x
2015-12-31 1.46x N/A 0.45x N/A 13.08x
2014-12-31 0.85x N/A 0.48x N/A 13.59x
2013-12-31 7.08x N/A 0.48x N/A 14.94x
2012-12-31 0.13x N/A 0.48x N/A 8.51x

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