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Alpha Integrated Real Estate Investment Trust (M1GU) Fair Value & Analysis

Real Estate · SG · Market cap 551M SGD

AI Alpha Integrated Real Estate Investment Trust M1GU · SG
Price0.4900 SGD
Fair Value0.5600 SGD
Upside+14.3%
Quality73/100
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Evidence: High Range 0.4600 SGD – 0.8700 SGD

Fair value as of: Jul 4, 2026

From 23 valuation models · updated yesterday

Price vs Fair Value (12 months)

0.4950 SGD 0.3652 SGD Fair Value 0.5600 SGD Jul 2025 Jul 2026

12‑month range 0.3652 SGD – 0.4950 SGD · fair‑value band 0.4600 SGD – 0.8700 SGD · the 0.4900 SGD price screens below the 0.5600 SGD fair value. As of Jul 4, 2026.

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Analysis

Alpha Integrated Real Estate Investment Trust (M1GU) currently trades at 0.4900 SGD, while our model-based Fair Value estimate is 0.5600 SGD — implying the stock looks roughly 14.3% undervalued today. We read business quality at 73/100 (solid quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Alpha Integrated Real Estate Investment Trust generated revenue of 120M SGD at a net margin of 53.3%. Revenue grew 3.6% year over year. It earns a return on equity of 11.1%. Net debt stands at 330M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 120M SGD
Revenue growth (YoY) +3.6%
Net margin 53.3%
Return on equity 11.1%
Free cash flow 59.1M SGD FY2025
P/E ratio 8.2
More key figures
Operating margin 49.9%
EPS (TTM) 0.0600 SGD
Dividend yield 7.1%
EPS growth (YoY) +92.2%
Net debt 330M SGD FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Alpha Integrated Real Estate Investment Trust is a Singapore-listed real estate investment trust. It is focused on high-quality industrial assets. Listed on the Singapore Exchange Securities Trading Limited since 26 November 2010, AI-REIT invests in high quality income-producing industrial properties. As of 31 December 2025, AI-REIT holds interests in a diversified portfolio of 18 properties with a total gross floor area of approximately 386,227 square meters in Singapore, spanning the high-tech industrial, warehouse and logistics, chemical warehouse and logistics, as well as general industrial sectors. The total assets of the Group amount to more than 1.6 billion US dollars as at 31 December 2025. AI-REIT is also a constituent of the MSCI Singapore Micro Cap Index. AI-REIT is managed by Alpha Integrated REIT Management Pte. Ltd. (Manager), which is wholly owned by the REIT. Alpha Integrated Real Estate Investment Trust was incorporated in 2010 in Singapore.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alpha Integrated Real Estate Investment Trust reported revenue of 120M SGD in FY2025 versus 81.9M SGD in FY2021, a compound +10.0%/yr. Reported net income was 64.0M SGD in FY2025, compounding +7.0%/yr from FY2021.

Revenue +10.0%/yr
FY21 81.9M SGD
FY22 94.9M SGD
FY23 112M SGD
FY24 113M SGD
FY25 120M SGD
Net income +7.0%/yr
FY21 48.8M SGD
FY22 52.8M SGD
FY23 18.1M SGD
FY24 11.4M SGD
FY25 64.0M SGD

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6 more REIT - Industrial stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).

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Extra Space Storage Inc EXR $145.33 $56.21 -61%
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Frequently asked questions

Is Alpha Integrated Real Estate Investment Trust (M1GU) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.5600 SGD versus a price of 0.4900 SGD — about +14% (undervalued). Model-based estimate, not financial advice.
What is the fair value of M1GU?
Our model-based fair value for Alpha Integrated Real Estate Investment Trust is 0.5600 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.4900 SGD.
What is the quality score of M1GU?
Alpha Integrated Real Estate Investment Trust has a Quality Score of 73/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Alpha Integrated Real Estate Investment Trust (M1GU)?
Alpha Integrated Real Estate Investment Trust reported trailing-twelve-month revenue of about 120M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of M1GU?
The net profit margin of Alpha Integrated Real Estate Investment Trust is about 53.3%, meaning it keeps roughly 53.3% of revenue as net income. Based on the latest reported figures.
Does Alpha Integrated Real Estate Investment Trust pay a dividend?
Alpha Integrated Real Estate Investment Trust currently shows a dividend yield of about 7.14% relative to its recent price (as of Jul 4, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.