Sunway Real Estate Investment Trust (5176) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Sunway Real Estate Investment Trust stock MYR 2.07, price MYR 2.05, upside +1.0%, quality 58 out of 100. Rating: fairly valued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range 1.07 MYR – 2.56 MYR · fair‑value band 1.30 MYR – 2.84 MYR · the 2.05 MYR price screens below the 2.07 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Sunway Real Estate Investment Trust is a real estate investment trust.
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It is constituted as a supplementary deed dated an amended and restated deed dated 18 September 2018 and second amended and restated deed dated 7 April 2025 (collectively referred to as the Deed) between Sunway REIT Management Sdn. Bhd. and RHB Trustees Berhad.
The Fund was listed on the Main Market of Bursa Malaysia Securities Berhad on 8 July 2010. The unaudited condensed consolidated financial statements comprise Sunway REIT and its subsidiaries. Sunway Real Estate Investment Trust was founded on 20th May, 2010 and is domiciled in Malaysia.
Stock analysis
Sunway Real Estate Investment Trust (5176) currently trades at 2.05 MYR, while our model-based Fair Value estimate is 2.07 MYR, so the stock looks roughly fairly valued today (gap 1.0%).
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Valuation
Bull case: the DCF Models group reads highest at a median of 2.44 MYR per share, and 6 of the 16 models we run sit above the 2.05 MYR price.
Bear case: the Asset-Based group reads lowest at 1.05 MYR, and 10 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1.30 MYR (bear) to 2.84 MYR (bull), the price of 2.05 MYR sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Sunway Real Estate Investment Trust reported revenue of 911M MYR in FY2026 versus 676M MYR in FY2022, a compound +7.8%/yr. Reported net income was 516M MYR in FY2026, compounding +27.5%/yr from FY2022.
Key figures
Market cap 7.4B MYR (≈ $1.8B) Small · P/E ratio 13.7 · P/S ratio 7.76 · EPS (TTM) 0.1500 MYR · Dividend yield 7.4% · Net margin 56.2% · Return on equity 9.0% · Return on assets (EBIT) 4.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 68 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −30% fair-value upside, at 1%, 5176 screens cheaper than that median.
Fair Value models
Bear1.30 MYRFair Value 2.07 MYRBull2.84 MYR
Price 2.05 MYR · Upside +1.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+16.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.2%
Start year 2021 (pandemic). Over 10 years: +6.3% a year
Revenue growth 19 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.5%
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What shareholders gained per year (last 5 years), in MYR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +26.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +18.8%
Dividend (yield on the price)7.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 18.8% / 0.0%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.60% → 68%
⚠ Base effect: the rate starts in the earnings trough around 2021 (starting value 0.061 per share, median 0.14 in 2016 to 2019). It measures the recovery from the trough, not lasting growth.
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+13.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about +11.6% a year for the price and +1.5% for the forecasts.
Compare Sunway Real Estate Investment Trust with another stock
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Retail · 88 stocks
Beats the industry median on 11/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside+1.0% · Above median
Profitability
Return on equity (12 months)9.0% · Above median
Return on assets4.8% · Above median
Net margin (12 months)56.2% · Above median
Operating margin (12 months)67.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)2.8% · Below median
Dividend yield (12 months)7.4% · Top 25%
Balance sheet
Debt / equity0.30× · Lowest 25%
Valuation Multiplesvs REIT - Retail median · lower = cheaper
P/E (12 months)13.7× · Pricier than median
P/B1.37× · Pricier than median
P/S (12 months)7.76× · Pricier than median
Price / free cash flow (fiscal year)13.9× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Sunway Real Estate Investment Trust Fair Value". https://www.fairvalue-calculator.com/stock/5176
Frequently asked questions
Is Sunway Real Estate Investment Trust (5176) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 2.07 MYR versus a price of 2.05 MYR, about +1% upside (fairly valued).
What is the fair value of 5176?
Our model-based fair value for Sunway Real Estate Investment Trust is 2.07 MYR (as of Nov 4, 2026), built from audited fundamentals. The current price: 2.05 MYR.
What is the quality score of 5176?
Sunway Real Estate Investment Trust has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Sunway Real Estate Investment Trust (5176)?
Our model-based price target is the fair value of 2.07 MYR (as of Nov 4, 2026) from 16 valuation models. Cautious scenario 1.30 MYR, optimistic scenario 2.84 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Sunway Real Estate Investment Trust stock forecast for 2026?
Our models put fair value at 2.07 MYR, about +1% upside versus a price of 2.05 MYR (fairly valued). Cautious scenario 1.30 MYR, optimistic scenario 2.84 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Sunway Real Estate Investment Trust (5176)?
Sunway Real Estate Investment Trust reported trailing-twelve-month revenue of about 947M MYR (latest available figure, as of Nov 4, 2026).
Does Sunway Real Estate Investment Trust pay a dividend?
Sunway Real Estate Investment Trust currently shows a dividend yield of 7.37% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Sunway Real Estate Investment Trust (5176) and when is the ex-dividend date?
Sunway Real Estate Investment Trust pays a dividend of 0.151 MYR per share a year, a dividend yield of 7.4%. The last ex-dividend date was Aug 27, 2026. A dividend has been paid every year since at least 2010. The payout ratio is 101% of earnings. Free cash flow covers the dividend 1.03 times. Our assessment: Payout strained. The dividend exceeds reported earnings (though reported profit is often depressed by one-off charges), and free cash flow only just covers it (or coverage is unknown). Not an emergency, but little room for error.
What growth is priced into Sunway Real Estate Investment Trust (5176)?
For today's price to be fair in a discounted-cash-flow model, Sunway Real Estate Investment Trust would have to grow free cash flow by +13.9 % per year for five years (discount rate 11.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.2 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of 5176 use?
Our models discount Sunway Real Estate Investment Trust at 11.1 %: a base by market capitalisation (small), damped by beta 0.24, country premium for Malaysia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Sunway Real Estate Investment Trust that is +13.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.1 %) and the same formula as our fair value.
How much growth has Sunway Real Estate Investment Trust (5176) delivered so far?
Over the past 5 years revenue at Sunway Real Estate Investment Trust grew +11.2 % a year. The price currently implies free-cash-flow growth of +13.9 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Sunway Real Estate Investment Trust (5176) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Sunway Real Estate Investment Trust (+13.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sunway Real Estate Investment Trust (5176)?
The free-cash-flow yield on the price is 7.21 %: that much free cash flow Sunway Real Estate Investment Trust produces per unit of market value. When it exceeds the discount rate of our models (11.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sunway Real Estate Investment Trust (5176)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sunway Real Estate Investment Trust it is 2.07 MYR per share (as of Nov 4, 2026), against a price of 2.05 MYR. It is the blended result of 16 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Sunway Real Estate Investment Trust stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 5176 trades below its calculated fair value: price 2.05 MYR, fair value 2.07 MYR, a gap of about +1% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 5176?
No. The price is what the market pays today (2.05 MYR); the fair value is what the company's own numbers justify (2.07 MYR). For Sunway Real Estate Investment Trust the two are 0.0200 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Sunway Real Estate Investment Trust worth?
The market values Sunway Real Estate Investment Trust at about 7.4B MYR (market capitalisation, as of Nov 4, 2026). Per share that is 2.05 MYR; our models calculate a fair value of 2.07 MYR per share.
What do the bullish and bearish scenarios say about 5176?
Our models span a range for Sunway Real Estate Investment Trust: cautious scenario 1.30 MYR, base 2.07 MYR, optimistic 2.84 MYR per share (as of Nov 4, 2026, price 2.05 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5176?
Sunway Real Estate Investment Trust trades at a price-to-earnings ratio of 13.7 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 2.07 MYR is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings: 14.8. Other multiples: PEG 1.3, P/B 1.4, P/S 7.8, EV/EBITDA 13.1.
What is the PEG ratio of 5176?
The PEG ratio of Sunway Real Estate Investment Trust is 1.34 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Sunway Real Estate Investment Trust (5176)?
Balance-sheet figures for Sunway Real Estate Investment Trust (as of Nov 4, 2026): return on equity 9.0%, debt of 0.30 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 5176 from its 52-week high?
Sunway Real Estate Investment Trust trades at 2.05 MYR, about 20% below its 52-week high of 2.56 MYR and 2% above the low of 2.00 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 2.07 MYR is for.
Which stocks are comparable to Sunway Real Estate Investment Trust?
From the same area (Real Estate) we also value Simon Property Group, Realty Income Corporation, Kimco Realty Corporation, Unibail-Rodamco-Westfield SE, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Sunway Real Estate Investment Trust stock attractive at the current price?
The data as of Nov 4, 2026: price 2.05 MYR, calculated fair value 2.07 MYR (+1%), Quality Score 58/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 5176 calculated?
We run Sunway Real Estate Investment Trust through 16 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of 2.07 MYR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Sunway Real Estate Investment Trust currently trades 1% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Sunway Real Estate Investment Trust (5176)?
The closing price on Nov 6, 2026 was 2.05 MYR. Our model-based fair value is 2.07 MYR, about +1% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sunway Real Estate Investment Trust right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (1.30 MYR to 2.84 MYR) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Sunway Real Estate Investment Trust
How large is the market capitalisation of Sunway Real Estate Investment Trust (5176)?
The market capitalisation of Sunway Real Estate Investment Trust is 7.4B MYR (≈ $1.8B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Sunway Real Estate Investment Trust (5176)?
The price-to-sales ratio of Sunway Real Estate Investment Trust is 7.76 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Sunway Real Estate Investment Trust (5176)?
Earnings per share at Sunway Real Estate Investment Trust are 0.1500 MYR (price ÷ EPS = P/E 13.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sunway Real Estate Investment Trust (5176)?
The dividend yield of Sunway Real Estate Investment Trust is 7.4% (payout 101%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Sunway Real Estate Investment Trust (5176)?
The net margin of Sunway Real Estate Investment Trust is 56.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Sunway Real Estate Investment Trust (5176)?
The return on equity (ROE) of Sunway Real Estate Investment Trust is 9.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Sunway Real Estate Investment Trust (5176)?
On an EBIT basis the return on assets of Sunway Real Estate Investment Trust is 4.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Sunway Real Estate Investment Trust (5176)?
The operating margin of Sunway Real Estate Investment Trust is 67.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sunway Real Estate Investment Trust (5176)?
Revenue at Sunway Real Estate Investment Trust is growing +2.8% versus a year earlier (3y avg +13.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Sunway Real Estate Investment Trust (5176)?
Earnings per share at Sunway Real Estate Investment Trust are growing −13.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Sunway Real Estate Investment Trust (5176) carry?
The net debt of Sunway Real Estate Investment Trust is 4.3B MYR (fiscal year 2026, ≈ 8.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 4, 2026