Valuation CapitaLand Ascendas REIT

Stocks

Delayed Singapore S.E. Other stock markets 11:31:02 16/07/2026 +04			5-day change	1st Jan Change
2.480 ^SGD	-0.40%		0.00%	-12.01%

07-15	CapitaLand Ascendas to Sell Singapore Property for SG$200 Million	MT
06-12	CapitaLand Ascendas REIT Reallocates SG$30.9 Million to Debt Repayment	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	12,438	-	-
Change	-	-6.98%	15.57%	-15.05%	15.41%	-4.7%	-	-
Enterprise Value (EV) ¹	18,704	18,091	20,258	18,296	20,163	20,297	20,453	20,672
Change	-	-3.28%	11.98%	-9.69%	10.2%	0.67%	0.77%	1.07%
P/E	12.8x	15.3x	77.2x	15x	16.7x	15.9x	15.2x	14.4x
PBR	1.24x	1.16x	1.34x	1.13x	1.24x	1.07x	1.07x	1.06x
PEG	-	-0.7x	-1x	0x	-12.64x	-2.02x	2.91x	2.95x
Capitalization / Revenue	10.1x	8.52x	9x	7.43x	8.48x	7.53x	7.15x	6.88x
EV / Revenue	15.3x	13.4x	13.7x	12x	13.1x	12.3x	11.8x	11.4x
EV / EBITDA	22.8x	20.8x	22x	19.2x	20.9x	19.2x	18.3x	17.8x
EV / EBIT	22.8x	20.8x	22x	19.2x	20.9x	19.3x	18.4x	18x
EV / FCF	30.5x	20.3x	25.8x	20.7x	21.1x	1,649x	22.5x	21.8x
FCF Yield	3.27%	4.93%	3.88%	4.84%	4.74%	0.06%	4.44%	4.59%
Dividend per Share ²	0.1526	0.158	0.1516	0.152	0.15	0.1527	0.1579	0.1635
Rate of return	5.17%	5.77%	5%	5.92%	5.3%	6.13%	6.34%	6.57%
EPS ²	0.2297	0.1789	0.0393	0.1718	0.1695	0.1562	0.1644	0.1724
Distribution rate	66.4%	88.3%	386%	88.5%	88.5%	97.8%	96.1%	94.8%
Net sales ¹	1,226	1,353	1,480	1,523	1,539	1,652	1,740	1,809
EBITDA ¹	819.9	868	920.4	951.3	963.5	1,057	1,118	1,160
EBIT ¹	819.9	868	920.4	951.3	963.5	1,051	1,109	1,145
Net income ¹	957	760.4	178.5	764.1	769.7	729.9	780.8	823.6
Net Debt ¹	6,320	6,572	6,946	6,987	7,111	7,859	8,015	8,234
Reference price ²	2.950	2.740	3.030	2.570	2.830	2.490	2.490	2.490
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	08/02/22	02/02/23	01/02/24	06/02/25	05/02/26	-	-	-

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CAPITALAND ASCENDAS REIT	15.94x	12.29x	19.2x	6.13%	9.64B
REALTY INCOME CORPORATION	40.42x	15.68x	16.26x	5.17%	58.99B
UNIBAIL-RODAMCO-WESTFIELD SE	9.34x	12.62x	15.75x	5.32%	17.01B
SEGRO PLC	13.54x	22.52x	26.48x	3.81%	15.73B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.33x	17.14x	25.11x	4.87%	15.17B
KLÉPIERRE	10.34x	13.5x	16.19x	5.34%	12.04B
MERLIN PROPERTIES SOCIMI, S.A.	7.92x	22.41x	30.34x	2.81%	10.61B
FEDERAL REALTY INVESTMENT TRUST	31.56x	11.37x	17.94x	3.71%	10.56B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	23.62x	7.17x	11.75x	5.92%	8.49B
VORNADO REALTY TRUST	-153.27x	8.19x	19.53x	1.89%	7.5B
Average	1.97x	14.29x	19.86x	4.5%	16.57B
Weighted average by Cap.	16.96x	15.18x	19.08x	4.74%