Valuation: RAM Essential Services Property Fund

Market Cap 218M 154M 133M 125M 114M 215M 14.69B 1.47B 575M 7.35B 578M 565M 24.52B P/E 2026 *
11.5x
P/E 2027 * 8.82x
Enterprise Value 472M 333M 289M 271M 247M 465M 31.81B 3.19B 1.24B 15.92B 1.25B 1.22B 53.11B EV / Sales 2026 *
8.9x
EV / Sales 2027 * 7.94x
Free-Float
59.75%
Yield 2026 *
10.5%
Yield 2027 * 10.5%
07-23 RAM Essential Services Property Fund to Sell Five Retail Assets; Shares Up 4% MT
07-22 An undisclosed buyer agreed to acquire 5 RETAIL ASSETS from RAM Essential Services Property Fund for AUD 218.6 million. CI
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
1 day+4.82%
1 week+1.16%
Current month-1.14%
1 month+4.82%
3 months-8.42%
6 months-20.91%
Current year-25.64%
1 week 0.42
Extreme 0.415
0.44
1 month 0.42
Extreme 0.415
0.45
Current year 0.4
Extreme 0.395
0.58
1 year 0.4
Extreme 0.395
0.64
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
Chairman - -
Director/Board Member - 19/10/2021
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.($)
+4.82%+1.16%-32.03%-39.58% 147M
+0.46%0.00%+10.17%+9.70% 16.29B
+0.49%-0.28%+23.38%+14.40% 7.09B
-0.77%-2.10%-1.54%+22.14% 6.99B
+2.22%+0.07% - - 6.94B
+0.27%+1.65%+2.65%+30.71% 6.71B
-0.07%-1.86%-14.60%-23.28% 6.33B
0.00%-0.51%+1.94%+7.72% 6.13B
+0.09%-1.26%+27.14%+37.70% 6.05B
0.00%-2.48%-22.03%-24.36% 4.93B
Average +0.89%-0.91%-0.55%+3.91% 6.76B
Weighted average by Cap. +0.49%-0.55%+5.09%+10.27%

Financials

2026 *2027 *
Net sales 53.02M 37.43M 32.44M 30.41M 27.73M 52.18M 3.57B 358M 140M 1.79B 141M 137M 5.97B 51.69M 36.5M 31.64M 29.66M 27.04M 50.88M 3.48B 349M 136M 1.74B 137M 134M 5.82B
Net income 6M 4.24M 3.67M 3.44M 3.14M 5.91M 404M 40.53M 15.82M 202M 15.9M 15.56M 675M 2.7M 1.91M 1.65M 1.55M 1.41M 2.66M 182M 18.24M 7.12M 91.07M 7.16M 7M 304M
Net Debt 254M 179M 155M 146M 133M 250M 17.12B 1.72B 670M 8.57B 673M 659M 28.59B 192M 136M 118M 110M 101M 189M 12.96B 1.3B 507M 6.49B 510M 499M 21.64B
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
14/08/26 A$0.4350 +4.82% 373,086
13/08/26 A$0.4150 0.00% 771,653
12/08/26 A$0.4150 -1.19% 506,403
11/08/26 A$0.4200 -1.18% 921,093
10/08/26 A$0.4250 0.00% 670,816
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
0.4150AUD
Average target price
0.6050AUD
Spread / Average Target
+45.78%

Annual profits - Rate of surprise