Valuation CapitaLand Ascendas REIT

Stocks

Market Closed - Singapore S.E. 12:13:30 28/10/2026 +03			5-day change	1st Jan Change
2.180 ^SGD	-0.91%		+0.46%	-22.97%

10-02	CapitaLand Investment Earns Four-Star GRESB Rating	MT
08-27	Capitaland Ascendas REIT Announces Completion of Acquisition of A 100.0% Interest in and Leaseback of A Logistics Asset Located in Singapore	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	10,890	-	-
Change	-	-6.98%	15.57%	-15.05%	15.41%	-16.57%	-	-
Enterprise Value (EV) ¹	18,704	18,091	20,258	18,296	20,163	18,689	18,840	18,988
Change	-	-3.28%	11.98%	-9.69%	10.2%	-7.31%	0.81%	0.79%
P/E	12.8x	15.3x	77.2x	15x	16.7x	14.3x	13.8x	13.2x
PBR	1.24x	1.16x	1.34x	1.13x	1.24x	0.94x	0.93x	0.93x
PEG	-	-0.7x	-1x	0x	-12.64x	-1.4x	3.74x	2.78x
Capitalization / Revenue	10.1x	8.52x	9x	7.43x	8.48x	6.58x	6.26x	6.05x
EV / Revenue	15.3x	13.4x	13.7x	12x	13.1x	11.3x	10.8x	10.5x
EV / EBITDA	22.8x	20.8x	22x	19.2x	20.9x	17.8x	17x	16.5x
EV / EBIT	22.8x	20.8x	22x	19.2x	20.9x	17.8x	17.1x	16.7x
EV / FCF	30.5x	20.3x	25.8x	20.7x	21.1x	40.7x	17.5x	17x
FCF Yield	3.27%	4.93%	3.88%	4.84%	4.74%	2.46%	5.72%	5.9%
Dividend per Share ²	0.1526	0.158	0.1516	0.152	0.15	0.1511	0.1564	0.1616
Rate of return	5.17%	5.77%	5%	5.92%	5.3%	6.93%	7.17%	7.41%
EPS ²	0.2297	0.1789	0.0393	0.1718	0.1695	0.1521	0.1577	0.1652
Distribution rate	66.4%	88.3%	386%	88.5%	88.5%	99.4%	99.2%	97.8%
Net sales ¹	1,226	1,353	1,480	1,523	1,539	1,656	1,741	1,801
EBITDA ¹	819.9	868	920.4	951.3	963.5	1,053	1,107	1,148
EBIT ¹	819.9	868	920.4	951.3	963.5	1,049	1,101	1,137
Net income ¹	957	760.4	178.5	764.1	769.7	734.4	780.2	812.8
Net Debt ¹	6,320	6,572	6,946	6,987	7,111	7,799	7,951	8,099
Reference price ²	2.950	2.740	3.030	2.570	2.830	2.180	2.180	2.180
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	-	-	-