Valuation CapitaLand Ascendas REIT

Stocks

Market Closed - Singapore S.E. Other stock markets 12:07:35 29/07/2026 +03			5-day change	1st Jan Change
2.580 ^SGD	+1.18%		+2.38%	-8.83%

07-15	CapitaLand Ascendas to Sell Singapore Property for SG$200 Million	MT
07-15	An undisclosed buyer agreed to acquire Kim Chuan Telecommunications Complex from CapitaLand Ascendas REIT for SGD 200 million.	CI

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	12,888	-	-
Change	-	-6.98%	15.57%	-15.05%	15.41%	-1.26%	-	-
Enterprise Value (EV) ¹	18,704	18,091	20,258	18,296	20,163	20,743	20,902	21,121
Change	-	-3.28%	11.98%	-9.69%	10.2%	2.88%	0.77%	1.05%
P/E	12.8x	15.3x	77.2x	15x	16.7x	16.4x	15.8x	15.1x
PBR	1.24x	1.16x	1.34x	1.13x	1.24x	1.11x	1.11x	1.1x
PEG	-	-0.7x	-1x	0x	-12.64x	-2.25x	4.15x	3.13x
Capitalization / Revenue	10.1x	8.52x	9x	7.43x	8.48x	7.82x	7.44x	7.16x
EV / Revenue	15.3x	13.4x	13.7x	12x	13.1x	12.6x	12.1x	11.7x
EV / EBITDA	22.8x	20.8x	22x	19.2x	20.9x	19.7x	18.8x	18.4x
EV / EBIT	22.8x	20.8x	22x	19.2x	20.9x	19.8x	19x	18.6x
EV / FCF	30.5x	20.3x	25.8x	20.7x	21.1x	3,105x	23.1x	22.3x
FCF Yield	3.27%	4.93%	3.88%	4.84%	4.74%	0.03%	4.33%	4.48%
Dividend per Share ²	0.1526	0.158	0.1516	0.152	0.15	0.152	0.1578	0.1628
Rate of return	5.17%	5.77%	5%	5.92%	5.3%	5.89%	6.12%	6.31%
EPS ²	0.2297	0.1789	0.0393	0.1718	0.1695	0.1572	0.1631	0.171
Distribution rate	66.4%	88.3%	386%	88.5%	88.5%	96.7%	96.7%	95.2%
Net sales ¹	1,226	1,353	1,480	1,523	1,539	1,649	1,733	1,799
EBITDA ¹	819.9	868	920.4	951.3	963.5	1,054	1,111	1,149
EBIT ¹	819.9	868	920.4	951.3	963.5	1,048	1,101	1,134
Net income ¹	957	760.4	178.5	764.1	769.7	733.3	772.8	812.6
Net Debt ¹	6,320	6,572	6,946	6,987	7,111	7,855	8,015	8,234
Reference price ²	2.950	2.740	3.030	2.570	2.830	2.580	2.580	2.580
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	2/8/22 A	2/2/23 A	2/1/24 A	2/6/25 A	2/5/26 A	-	-	-

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CAPITALAND ASCENDAS REIT	16.23x	12.49x	19.55x	5.96%	9.86B
REALTY INCOME CORPORATION	42.1x	16.08x	16.67x	4.98%	61.29B
SEGRO PLC	13.64x	24.87x	29.29x	3.29%	17.96B
UNIBAIL-RODAMCO-WESTFIELD SE	9.59x	12.76x	15.93x	5.19%	17.39B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.41x	17.16x	25.55x	4.85%	15.21B
KLÉPIERRE	11.24x	13.97x	16.74x	5.02%	12.76B
FEDERAL REALTY INVESTMENT TRUST	31.22x	11.62x	18.33x	3.6%	10.9B
MERLIN PROPERTIES SOCIMI, S.A.	11.33x	22.04x	29.16x	2.8%	10.48B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	26.19x	7.54x	12.34x	5.34%	9.41B
VORNADO REALTY TRUST	-160.24x	8.21x	19.82x	1.88%	7.54B
Average	2.17x	14.67x	20.34x	4.29%	17.28B
Weighted average by Cap.	17.96x	15.67x	19.62x	4.54%