Elanor Retail Property Fund [ASX:ERF] share price and news 2022

Company Description

Elanor Retail Property Fund is an investment and funds management business focused on generating strong absolute and risk-adjusted returns through investment in assets and operating businesses that deliver sustainable cash flows with potential for capital growth and Management of third party owned investment funds and syndicates. The strategy of the Company is to acquire and unlock value in assets that provide attractive cash flows and capital growth potential and grow investments under management through establishing new managed investment funds.

Elanor Retail Property Fund belongs to Real Estate sector and under industry of Retail REITs. You can get more information about this company via their website: http://www.elanorinvestors.com.

This a small cap company with market cap of 144 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 15 0.83 0
Market 0.85 22.3 1.99 0.84
Sector 0.68 19 1.01 1.08

Dividend Growth Chart

The following chart shows you how erf dividend grows in the recent years.Elanor Retail Property Fund has dividend yield of 4.52%