Contrasting Farmland Partners (NYSE:FPI) and Keppel REIT (OTCMKTS:KREVF)

Farmland Partners (NYSE:FPI) and Keppel REIT (OTCMKTS:KREVF) are both real estate companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, institutional ownership, earnings, profitability and dividends.

Profitability

This table compares Farmland Partners and Keppel REIT’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Farmland Partners	49.85%	5.54%	3.58%
Keppel REIT	N/A	N/A	N/A

Earnings & Valuation

This table compares Farmland Partners and Keppel REIT”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Farmland Partners	$51.47 million	8.10	$31.55 million	$0.51	18.74
Keppel REIT	$210.12 million	12.93	$347.92 million	N/A	N/A

Keppel REIT has higher revenue and earnings than Farmland Partners.

Analyst Recommendations

This is a summary of current recommendations and price targets for Farmland Partners and Keppel REIT, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Farmland Partners	0	4	0	0	2.00
Keppel REIT	0	1	0	0	2.00

Insider & Institutional Ownership

58.0% of Farmland Partners shares are owned by institutional investors. 7.9% of Farmland Partners shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Risk & Volatility

Farmland Partners has a beta of 0.67, indicating that its share price is 33% less volatile than the S&P 500. Comparatively, Keppel REIT has a beta of 0.71, indicating that its share price is 29% less volatile than the S&P 500.

Summary

Farmland Partners beats Keppel REIT on 5 of the 9 factors compared between the two stocks.

About Farmland Partners

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of December 31, 2023, the Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. The Company has approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.

About Keppel REIT

Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific's key business districts. Keppel REIT's objective is to generate stable income and sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific. Keppel REIT has a portfolio value of over $9.0 billion, comprising properties in Singapore; the key Australian cities of Sydney, Melbourne and Perth; Seoul, South Korea; as well as Tokyo, Japan. Keppel REIT is managed by Keppel REIT Management Limited and sponsored by Keppel, a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity.