Valuation: RAM Essential Services Property Fund

Market Cap 220M 154M 135M 126M 116M 217M 14.85B 1.5B 584M 7.3B 579M 566M 25.24B P/E 2026 *
11.1x
P/E 2027 * 9.08x
Enterprise Value 483M 338M 297M 276M 253M 476M 32.53B 3.28B 1.28B 15.99B 1.27B 1.24B 55.29B EV / Sales 2026 *
8.91x
EV / Sales 2027 * 8.74x
Free-Float
59.75%
Yield 2026 *
10.9%
Yield 2027 * 10.8%
07-23 RAM Essential Services Property Fund to Sell Five Retail Assets; Shares Up 4% MT
06-24 Ram Essential Services Property Fund Declares Dividend for the Quarter Ending June 30, 2026, Payable on July 30, 2026 CI
05-20 RAM Essential Services Property Fund Announces Company Secretary Changes, Effective May 13, 2026 CI
03-23 RAM Essential Services Property Fund Declares Unfranked Dividend for the Quarter Ending March 31, 2026, Payable on April 30, 2026 CI
02-25 RAM Essential Services Property Fund Reports Earnings Results for the Half Year Ended December 31, 2025 CI
12-22 RAM Essential Services Property Fund Declares Dividend for the Quarter Ending December 31, 2025, Payable on January 30, 2026 CI
30/09/25 Tranche Update on RAM Essential Services Property Fund's Equity Buyback Plan announced on November 21, 2023. CI
29/09/25 Ram Essential Services Property Fund appoints Kieran Pryke as new board chair RE
29/09/25 RAM Essential Services Property Fund Appoints New Board Chair MT
26/09/25 RAM Essential Services Property Fund Announces Dividend for the Financial Reporting or Payment Period Ending September 30, 2025, Payable on October 24, 2025 CI
27/08/25 RAM Essential Services Property Fund Reports Earnings Results for the Full Year Ended June 30, 2025 CI
27/08/25 RAM Essential Services Property Fund Appoints Steven Pritchard as an Independent Director, Effective 27 August 2025 CI
23/06/25 Ram Essential Services Property Fund Announces Dividend for the Financial Reporting or Payment Period Ending Ended/Ending June 30, 2025, Payable on July 30, 2025 CI
1 day-2.22%
1 week+3.53%
Current month+8.64%
1 month+1.15%
3 months-7.37%
6 months-23.48%
Current year-24.79%
1 week 0.42
Extreme 0.415
0.45
1 month 0.4
Extreme 0.395
0.45
Current year 0.4
Extreme 0.395
0.58
1 year 0.4
Extreme 0.395
0.65
3 years 0.4
Extreme 0.395
0.76
5 years 0.4
Extreme 0.395
1.05
10 years 0.4
Extreme 0.395
1.05
Manager TitleAgeSince
Chief Executive Officer - 02/11/2018
Director of Finance/CFO - -
Investor Relations Contact - -
Director TitleAgeSince
Director/Board Member - 19/10/2021
Director/Board Member - 29/04/2025
Director/Board Member - 02/11/2018
Date Insider Type Main position Quantity % Market Cap.
25/03/25 Buy

Chairman

100,000 0.0199%
25/03/25 Buy

Chairman

447,500 0.0890%
25/03/25 Buy

Chairman

40,000 0.0080%
Change 5-day change 1-year change 3-year change Capi.($)
-2.22%+3.53%-26.67%-39.31% 154M
+1.98%+1.09%+19.01%+5.10% 17.08B
+0.75%-2.97%+5.86%+25.25% 6.99B
+1.02%-1.14%+17.64%+6.40% 6.85B
+0.61%-0.40%-1.39%+15.93% 6.63B
+2.65%+3.49% - - 6.67B
-1.79%-1.00%-16.53%-25.10% 6.24B
+0.57%+1.04%+0.98%+6.55% 6.09B
+2.14%-0.27%+21.82%+28.72% 6B
+2.50%+2.12%+9.69%+40.90% 4.86B
Average +0.82%+0.55%+3.38%+7.16% 6.76B
Weighted average by Cap. +1.25%+0.30%+9.10%+10.86%

Financials

2026 *2027 *
Net sales 54.2M 37.91M 33.29M 30.96M 28.41M 53.38M 3.65B 368M 144M 1.79B 142M 139M 6.2B 55.3M 38.67M 33.96M 31.58M 28.98M 54.46M 3.72B 375M 147M 1.83B 145M 142M 6.33B
Net income 6M 4.2M 3.69M 3.43M 3.14M 5.91M 404M 40.7M 15.9M 199M 15.75M 15.41M 687M 2.7M 1.89M 1.66M 1.54M 1.42M 2.66M 182M 18.31M 7.15M 89.39M 7.09M 6.94M 309M
Net Debt 263M 184M 161M 150M 138M 259M 17.68B 1.78B 696M 8.69B 689M 674M 30.05B 263M 184M 161M 150M 138M 259M 17.68B 1.78B 696M 8.69B 689M 674M 30.06B
Logo RAM Essential Services Property Fund
RAM Essential Services Property Fund (the Fund) is an Australia-based stapled real estate investment trust. The Fund consists of a geographically diversified and defensive portfolio of medical and essential retail-based properties, underpinned by a tenant profile including national supermarkets and private hospital operators, and offers growth opportunities through significant value-add development potential. The Fund’s objective is to provide securityholders with stable and secure income with the potential for both income and capital growth through exposure to a defensive portfolio of assets with favorable sector trends. The Fund’s responsible entity is RAM Property Funds Management Ltd. The Fund’s investment manager is RAM Property Investment Management Pty Ltd.
Employees
-
Date Price Change Volume
24/07/26 A$0.4400 -2.22% 734,938
23/07/26 A$0.4500 +8.43% 2,216,327
22/07/26 A$0.4150 -1.19% 118,476
21/07/26 A$0.4200 -1.75% 687,944
20/07/26 A$0.4275 +0.59% 5,191
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
0.4400AUD
Average target price
0.6150AUD
Spread / Average Target
+39.77%

Annual profits - Rate of surprise