Real Estate Investment Trusts · REIT
LAPR
LAPTrust Imara Income-REIT
Ksh 20.00
0.00% today
close 06 Nov 2026 · source mystocks
68 owned trading days · 07 Jul 2026 → 06 Nov 2026 · KES 20.00–20.00
Why grade C: newest statement 22 months old · only 2 FYs of history (need 3)
Automated analysis for information & education. Not investment advice.
Risk flags
- FlagDividend payout is 162% of earnings
- FlagThinly traded — exiting a position may take time or move the price
The five pillars
composite —/100Data C
scored 06 Nov 2026 · weights profile Real Estate Investment Trusts · formulas on /methodology
Ring color: accent = confidence A/B, amber = C/D — a fixed-radius stroke, never a percentage fill.
Value12
- P/E 58.80 ·w25
- P/B 2.7810 ·w20
- earnings yield 1.7% vs 364d T-bill 9.03% (spread -7.3pp)0 ·w20
- needs positive EPS and own P/E history— ·w15
- needs a dividend and own yield history— ·w10
- revenue/earnings growth +11.0% YoY70 ·w10
Financial health72
- F-Score 8/9 signals passed89 ·w70
- interest coverage 3.2× (stored ratio — not derivable from raw lines)32 ·w30
Quality63
- ROE 4.7%19 ·w25
- net margin 44.7% (non-financial bands)100 ·w20
- net margin +1.9pp over window(short window)69 ·w15
- ROA 3.3%33 ·w15
- debt/equity 0.44× (standard bands)85 ·w15
- revenue never declined over window(short window)100 ·w10
Dividend reliability52
- paid a dividend in 2 of 2 observed FYs (design window 5)(short window)100 ·w30
- yield 2.8% at current price34 ·w20
- earnings cover the dividend 0.62×0 ·w20
- never cut over 2 observed FYs(short window)100 ·w15
- payout ratio 162% of earnings0 ·w15
MomentumBuilding history — since 2026-07-07
- Building history — since 2026-07-07— ·w100
Liquidity0
- median daily turnover ≈ KES 0 over 68 observed days(short window)0 ·w40
- no trades on 100% of observed days(short window)0 ·w30
- daily turnover 0.0bp of market cap (shares est. from NI÷EPS)(short window)0 ·w30
Statements we hold
| FY | Revenue | Net income | EPS | DPS |
|---|---|---|---|---|
| 2024 | KES 380.0M | KES 170.0M | 0.34 | 0.55 |
| 2023 | KES 350.0M | KES 150.0M | 0.30 | 0.50 |
source v3-seed (vintage 2026-02) · refreshed per filing as filings are processed
Analyst brief
An overall verdict on LAPTrust Imara Income-REIT is withheld due to low data confidence. The newest financial statement is 22 months old, and only two full years of history are available when three are normally required to build conviction. Within those limits, individual facts show a mixed picture: the business passed eight of nine F-Score signals (health score 72) and has never declined revenue, but earnings yield at 1.7% trails the 364-day T-bill rate by 7.3 percentage points, and the dividend payout ratio stands at 162% of earnings—meaning dividends exceed what the business earned in the last reported period.
LAPR trades at KES 20 (as of 29 October 2026), yielding 2.8% on the dividend but commanding a P/E ratio of 58.8 against earnings per share of KES 0.34. The price-to-book ratio of 2.78 sits at the mid-band for quality stocks. Two material risk flags are present: the dividend payout exceeds earnings, signaling reliance on capital or reserves rather than current profitability, and the stock is thinly traded with median daily turnover near zero, meaning exiting a position could face delays or price movement. Confidence grade C reflects both the stale financials and the short observation window; a fresh annual report would materially reshape the picture.
Automated analysis for information & education. Not investment advice.
generated 29 Oct 2026, 17:47 EAT · every figure machine-checked against the engine's computed inputs · identical for all readers