Mapletree Logistics Trust (OTCMKTS:MAPGF) versus Industrial Logistics Properties Trust (NASDAQ:ILPT) Head to Head Survey

Mapletree Logistics Trust (OTCMKTS:MAPGF) and Industrial Logistics Properties Trust (NASDAQ:ILPT) are both real estate companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, profitability, dividends, analyst recommendations, earnings, institutional ownership and valuation.

Earnings and Valuation

This table compares Mapletree Logistics Trust and Industrial Logistics Properties Trust”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Mapletree Logistics Trust	N/A	N/A	N/A	$0.12	8.58
Industrial Logistics Properties Trust	$448.85 million	1.25	-$66.19 million	($0.72)	-11.71

Mapletree Logistics Trust has higher earnings, but lower revenue than Industrial Logistics Properties Trust. Industrial Logistics Properties Trust is trading at a lower price-to-earnings ratio than Mapletree Logistics Trust, indicating that it is currently the more affordable of the two stocks.

Dividends

Mapletree Logistics Trust pays an annual dividend of $0.05 per share and has a dividend yield of 4.6%. Industrial Logistics Properties Trust pays an annual dividend of $0.40 per share and has a dividend yield of 4.7%. Mapletree Logistics Trust pays out 39.1% of its earnings in the form of a dividend. Industrial Logistics Properties Trust pays out -55.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Industrial Logistics Properties Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Profitability

This table compares Mapletree Logistics Trust and Industrial Logistics Properties Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Mapletree Logistics Trust	N/A	N/A	N/A
Industrial Logistics Properties Trust	-10.37%	-5.34%	-0.91%

Analyst Ratings

This is a summary of current ratings and target prices for Mapletree Logistics Trust and Industrial Logistics Properties Trust, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mapletree Logistics Trust	0	0	1	0	3.00
Industrial Logistics Properties Trust	1	1	1	0	2.00

Industrial Logistics Properties Trust has a consensus price target of $11.50, indicating a potential upside of 36.43%. Given Industrial Logistics Properties Trust’s higher probable upside, analysts plainly believe Industrial Logistics Properties Trust is more favorable than Mapletree Logistics Trust.

Insider and Institutional Ownership

16.9% of Mapletree Logistics Trust shares are owned by institutional investors. Comparatively, 49.1% of Industrial Logistics Properties Trust shares are owned by institutional investors. 2.3% of Industrial Logistics Properties Trust shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

About Mapletree Logistics Trust

MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST Main Board on 28 July 2005. MLT's principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. As at 31 December 2023, it has a portfolio of 187 properties in Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam with assets under management of S$13.3 billion. MLT is managed by Mapletree Logistics Trust Management Ltd., a wholly-owned subsidiary of Mapletree Investments Pte Ltd.

About Industrial Logistics Properties Trust

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of December 31, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA.