360 Capital Industrial Fund (TIX)

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General Information
Company Name: 360 Capital Industrial Fund
Stock Code: TIX
Website: www.360capital.com.au
GICS Sub-Industry: Industrial Real Estate Investment Trusts
Market Cap ($M): 279
Equiv. Shares (M): 122

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 2.280 $ 2.270 $ 2.290 $ 2.260 $ 2.270 37,680 $ 0.010  0.441 %

Current Broker Consensus Recommendation more
Recommendation: Hold (3)
Recommendation Date: 30th Oct 2014
Brokers Surveyed: 1

Company Overview

Business Description:
360 Capital Industrial Fund (TIX) is a property investment and funds management group that concentrates on the strategic investment and active investment of property and property related assets. 360 Capital Investment Management Limited is the responsible entity of the Fund. As at 30 June 2014, the portfolio WALE is 5.3 years.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016  F -- 21.0 2.5 10.9 19.7 8.6 --
2015  F -- 20.5 0.0 11.1 19.1 8.4 --
2014  A 19.2 20.5 -22.2 10.0 18.5 9.1 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
Industria REIT (IDR) $249 M -- -- -- 32.7586 -- -- 4.78 -- --
360 Captial (TIX) $278 M -0.2222 NaN 0.0254 11.0894 11.0948 10.8198 8.16 8.41 8.68

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth
TIX 0.83 11.1 1.04 9.00
Market 1.16 13.8 1.03 1.05
Sector 1.50 13.4 1.07 3.31

Name Position Start Date
Mr Tony Robert Pitt Managing Director 16 December 2010
Mr Andrew Graeme Moffat Non-Executive Chairman 17 December 2010
Mr Graham Ephraim Lenzner Non-Executive Director 01 October 2013
Mr David van Aanholt Non-Executive Director 16 December 2010
Mr William John Ballhausen Non-Executive Director 16 December 2010

Name Position
Emma Shipley Chief Financial Officer
Charisse Nortje Company Secretary
Alex Breen Compliance Manager
Ben Butler Fund Manager
Tim Spencer Head of Investor Relations

Calendar of Events
Date Event
20 August 2015 Report (Annual)
20 August 2015 Report (Prelim)
25 March 2015 Report (Interim)
25 February 2015 Report (Interim)
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