Beansprout logo
Subscribe
Securities

CICT: CapitaLand Integrated Commercial Trust

C38U.SI : Singapore Exchange

2.050

0.00%

Share Price in SGD. As of 26 Jul 17:04:43 SGT

All

Chart

Key stats

  • 52-Week High
    SGD 2.130
  • 52-Week Low
    SGD 1.680
  • Market Cap
    SGD 14B
  • Avg Volume
    19M
  • P/E Ratio (TTM)
    15.77
  • Forward Dividend Yield
    5.4%

Share Price Performance

C38U.SI
Market
1 Day 0.49% 0.24%
5 Day 0.00% -0.31%
1 Month 5.13% 2.49%
6 Month 3.02% 9.02%
YTD 0.49% 6.08%
1 Year 10.81% 6.50%
5 Year -22.05% 9.82%
Include dividend return
Beansprout Analysis

Beansprout's Checklist

Fundamental

  • Occupancy Rate of 97.0% is higher than sector average of 95.2%

  • Net property income yield of 4.65% is lower than its dividend yield of 5.4%

Financial

  • Gearing Ratio of 0.40x is higher than sector average of 0.38x

  • Interest Coverage Ratio of 3.1x is above 2.5x

  • Net Book Value of $2.07 is higher than its net book value of $2.06 in the previous year

Valuation

  • Dividend Yield of 5.4% is lower than sector average of 6.1%

  • Distribution per unit growth is 1.61%

  • Price to Book of 0.96x is lower than sector average of 1.05x

Compare REITs

Have another REIT in mind?
Select a REIT to compare with CICT: CapitaLand Integrated Commercial Trust

Revenue Breakdown by Asset

Revenue Breakdown by Geography

Market Analysis

Consensus Share Price Target

Price Target: $2.171

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 27 Jul 2024

Analyst Ratings

  • CGS-CIMB

    06 Feb 2024

    Buy

    2.180

    (prev 2.170)

  • DBS Research

    28 Mar 2024

    Buy

    2.300

  • Maybank Research

    06 Jun 2024

    Buy

    2.050

  • OCBC Investment

    22 Apr 2024

    Buy

    2.140

    (prev 2.180)

  • RHB Invest

    19 Apr 2024

    Buy

    2.200

  • UOB Kay Hian

    22 Apr 2024

    Buy

    2.340

Analyst Reports

Valuation

Price to book (P/B) ratio

Current P/B
1
Historical Average P/B
0.9

CICT: CapitaLand Integrated Commercial Trust's current P/B ratio of 1x is higher than its historical average P/B ratio of 0.9x.

Earnings

Earnings Highlights

1Q 2024 Business Update

  • Revenue: SGD 398.60M

    Increased 3% Year-on-Year

  • Net Property Income (NPI): SGD 293.70M

    Increased 6% Year-on-Year

  • Portfolio Occupancy: 97%

    Decreased 0% Year-on-Year

  • Rental Reversion: 7.2%

  • Leverage/Gearing: 40%

Earnings per share (EPS)

The latest earnings per share is $0.11, which is lower than the earnings per share of $0.17 in 2021.

Financials

Financial Statements

06 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

01 Aug 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

28 Mar 2024

Annual Report

For period ending 31 Dec 2023

28 Mar 2024

Sustainability Report

For period ending 31 Dec 2023

News
Profile

Company Description

CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.5 billion as at 31 December 2021. It made its debut on SGX-ST as CapitaLand Mall Trust (CMT) in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust (CCT). CICT owns and invests in quality income-producing assets primarily used for commercial (including retail and/ or office) purpose, located predominantly in Singapore. As the largest proxy for Singapore commercial real estate, CICT's portfolio comprises 21 properties in Singapore and two in Frankfurt, Germany, with a total property value of S$22.5 billion as at 31 December 2021. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited (CLI), a leading global real estate investment manager with a strong Asia foothold.

FAQ

Hot stocks that may interest you