Valuation CapitaLand Ascendas REIT

Stocks

Market Closed - Singapore S.E. 07:12:33 07/09/26 pm AEST			5-day change	1st Jan Change
2.390 ^SGD	+0.42%		-1.65%	-15.55%

28/08	Capitaland Ascendas REIT Announces Completion of Acquisition of A 100.0% Interest in and Leaseback of A Logistics Asset Located in Singapore	CI
27/08	CapitaLand Ascendas REIT Completes SG$218 Million Logistics Estate Acquisition	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	12,384	11,519	13,313	11,309	13,052	11,939	-	-
Change	-	-6.98%	15.57%	-15.05%	15.41%	-8.53%	-	-
Enterprise Value (EV) ¹	18,704	18,091	20,258	18,296	20,163	19,554	19,836	19,984
Change	-	-3.28%	11.98%	-9.69%	10.2%	-3.02%	1.44%	0.74%
P/E	12.8x	15.3x	77.2x	15x	16.7x	14.7x	14.7x	14.1x
PBR	1.24x	1.16x	1.34x	1.13x	1.24x	1.02x	1.03x	1.02x
PEG	-	-0.7x	-1x	0x	-12.64x	-3.66x	-36.8x	2.98x
Capitalization / Revenue	10.1x	8.52x	9x	7.43x	8.48x	7.23x	6.88x	6.65x
EV / Revenue	15.3x	13.4x	13.7x	12x	13.1x	11.8x	11.4x	11.1x
EV / EBITDA	22.8x	20.8x	22x	19.2x	20.9x	18.4x	18x	17.5x
EV / EBIT	22.8x	20.8x	22x	19.2x	20.9x	18.5x	18.1x	17.7x
EV / FCF	30.5x	20.3x	25.8x	20.7x	21.1x	2,897x	21.9x	21.1x
FCF Yield	3.27%	4.93%	3.88%	4.84%	4.74%	0.03%	4.57%	4.73%
Dividend per Share ²	0.1526	0.158	0.1516	0.152	0.15	0.1513	0.1571	0.1625
Rate of return	5.17%	5.77%	5%	5.92%	5.3%	6.33%	6.57%	6.8%
EPS ²	0.2297	0.1789	0.0393	0.1718	0.1695	0.1627	0.162	0.1697
Distribution rate	66.4%	88.3%	386%	88.5%	88.5%	93%	97%	95.7%
Net sales ¹	1,226	1,353	1,480	1,523	1,539	1,651	1,736	1,794
EBITDA ¹	819.9	868	920.4	951.3	963.5	1,061	1,104	1,142
EBIT ¹	819.9	868	920.4	951.3	963.5	1,056	1,097	1,130
Net income ¹	957	760.4	178.5	764.1	769.7	737	773.8	810.2
Net Debt ¹	6,320	6,572	6,946	6,987	7,111	7,615	7,898	8,046
Reference price ²	2.950	2.740	3.030	2.570	2.830	2.390	2.390	2.390
Nbr of stocks (in thousands)	4,197,930	4,203,991	4,393,607	4,400,309	4,611,952	4,995,215	-	-
Announcement Date	8/2/22	2/2/23	1/2/24	6/2/25	5/2/26	-	-	-

¹SGD in Million²SGD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
CAPITALAND ASCENDAS REIT	14.63x	11.82x	18.37x	6.36%	9.39B
REALTY INCOME CORPORATION	39.92x	15.61x	15.95x	5.33%	57.77B
SEGRO PLC	16.76x	23.46x	28.11x	3.44%	17.39B
UNIBAIL-RODAMCO-WESTFIELD SE	8.44x	12.16x	14.9x	5.68%	16.31B
CAPITALAND INTEGRATED COMMERCIAL TRUST	18.38x	16.61x	23.86x	5.14%	14.7B
KLÉPIERRE	9.98x	13.64x	16.21x	5.19%	12.65B
FEDERAL REALTY INVESTMENT TRUST	27.61x	10.97x	17.25x	3.9%	10.17B
MERLIN PROPERTIES SOCIMI, S.A.	7.77x	20.33x	27.51x	3.19%	9.54B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	36.02x	7.62x	12.24x	5.47%	9.17B
VORNADO REALTY TRUST	-146.36x	8.18x	19.69x	2.05%	6.83B
Average	3.32x	14.04x	19.41x	4.58%	16.39B
Weighted average by Cap.	18.02x	15.05x	18.70x	4.85%