Employees: 15
Size Daiwa House Logistics Trust (DHLU.SI) is a Singapore Real Estate company (Real Estate Investment Trusts) with a market value of $236M, the 155th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$0.43 on 6 Nov 2026.
Performance Over six months the shares fell 12.2%, against -13.5% for the median peer and -1.2% for the Singapore market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 1.1% over the last twelve months (peer median +0.7%); the operating margin is 70.6% (peer median 54.9%).
Valuation It trades at 0.64× book value against a peer median of 0.71× (8th cheapest of 21).
Price implies The share price implies a return on equity of about 4.8%; Daiwa House Logistics Trust delivers 7.1%, so the price asks less than the business earns today.
Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$58.0M | S$58.7M | S$59.1M | S$64.0M | S$69.9M |
| Revenue growth | — | -1% | -8% | -8% | — |
| Gross profit | S$40.8M | S$41.5M | S$42.1M | S$45.3M | S$49.6M |
| EBITDA | S$41.0M | S$40.7M | S$39.5M | S$44.5M | S$49.0M |
| Net income | S$35.5M | S$34.9M | S$33.9M | S$42.5M | S$140M |
| Free cash flow | S$33.8M | S$29.1M | S$31.9M | n/a | n/a |
| Capital expenditure | S$15,000 | S$111,000 | S$431,000 | S$0 | S$0 |
| Total debt | n/a | S$519M | S$517M | S$507M | S$548M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | DHLU.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.5% | -3.7% | 2nd highest of 21 |
| 6-month return | -12.2% | -13.5% | 10th highest of 21 |
| Return on equity | 7.2% | 2.8% | 4th highest of 21 |
| Price / book | 0.64× | 0.71× | 8th cheapest of 21 |
| Trailing P/E | 8.5× | 18.6× | 3rd cheapest of 15 |
| ROE the price implies | 4.8% | 5.0% | 10th least demanding of 21 |
| ROE delivered | 7.1% | 2.2% | 4th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Daiwa House Logistics Trust DHLU.SI | Singapore | $236M | -12% | +1% | 7% | 0.64× | 4.8% | 7.1% |
| Elite UK REIT MENU.SI | Singapore | $258M | -13% | -8% | 22% | 0.69× | 2.9% | 22.2% |
| United Hampshire US Real Estate Investment Trust ODBU.SI | Singapore | $284M | -9% | +3% | 6% | 0.64× | 4.6% | 5.6% |
| First Real Estate Investment Trust AW9U.SI | Singapore | $291M | -27% | -5% | 4% | 0.76× | 4.0% | 3.8% |
| SamsungFN REIT 448730.KS | South Korea | $301M | -28% | +16% | 3% | 1.03× | 5.5% | 3.3% |
| Carindale Property Trust CDP.AX | Australia | $302M | -2% | +5% | 10% | 0.73× | 5.6% | 10.2% |
| Gladstone Land LAND | United States | $303M | -28% | +22% | -1% | 0.45× | 6.5% | -1.0% |
| Silicius Real Estate Socimi YSIL.MC | Spain | $303M | -5% | +84% | 5% | 0.87× | 5.3% | n/a |
| Bosera CMSK Industrial Park REIT Units 180101.SZ | China | $305M | -21% | -15% | -1% | 0.68× | 2.7% | -0.7% |
| KKR Real Estate Finance Trust KREF | United States | $327M | -14% | -21% | -19% | 0.56× | 6.7% | -18.8% |
| SF Real Estate Investment Trust 2191.HK | Hong Kong | $333M | +22% | -7% | 4% | 0.82× | 5.1% | 4.0% |
| Immobiliere Dassault IMDA.PA | France | $335M | -21% | +14% | -20% | 0.60× | 5.0% | -19.9% |
| BHG Retail REIT BMGU.SI | Singapore | $165M | -8% | -10% | -1% | 0.56× | 2.6% | -0.6% |
| Morguard Real Estate Investment Trust MRT-UN.TO | Canada | $340M | +8% | -1% | 2% | 0.54× | 4.2% | 1.6% |
| Yinhua Shaoxing Yuanshui Water Conservancy REIT 180701.SZ | China | $348M | -8% | +290% | 4% | 1.43× | 4.3% | 3.8% |
| Arima Real Estate SOCIMI ARM.MC | Spain | $356M | -6% | +210% | 8% | 0.91× | 5.4% | 7.7% |
| Prime US REIT OXMU.SI | Singapore | $156M | -38% | -2% | 2% | 0.21× | 4.5% | 2.2% |
| Kore US REIT CMOU.SI | Singapore | $153M | -25% | +4% | 1% | 0.21× | 3.8% | 0.6% |
| Selectirente SELER.PA | France | $367M | -7% | +2% | 5% | 0.88× | 6.0% | 5.0% |
| Farmland Partners FPI | United States | $369M | -17% | -6% | 2% | 0.87× | 8.1% | 2.2% |
| Hamborner REIT HABA.DE | Germany | $370M | -19% | -4% | -2% | 0.97× | 6.3% | -2.2% |