Valuation CapitaLand Ascendas REIT

Stocks

Market Closed - Singapore S.E. Other stock markets 13:10:39 24/07/2026 +04			5-day change	1st Jan Change
2.490 ^SGD	-1.19%		-0.80%	-12.01%

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	12,438	-	-
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	20,293	20,453	20,672
Change	-	-3.28%	11.98%	-9.69%	10.2%	0.65%	0.79%	1.07%
P/E	12.8x	15.3x	77.2x	15x	16.7x	15.8x	15.3x	14.6x
PBR	1.24x	1.16x	1.34x	1.13x	1.24x	1.07x	1.07x	1.06x
PEG	-	-0.7x	-1x	0x	-12.64x	-2.17x	4.01x	3.03x
Capitalization / Revenue	10.1x	8.52x	9x	7.43x	8.48x	7.54x	7.18x	6.91x
EV / Revenue	15.3x	13.4x	13.7x	12x	13.1x	12.3x	11.8x	11.5x
EV / EBITDA	22.8x	20.8x	22x	19.2x	20.9x	19.3x	18.4x	18x
EV / EBIT	22.8x	20.8x	22x	19.2x	20.9x	19.4x	18.6x	18.2x
EV / FCF	30.5x	20.3x	25.8x	20.7x	21.1x	3,037x	22.6x	21.9x
FCF Yield	3.27%	4.93%	3.88%	4.84%	4.74%	0.03%	4.43%	4.58%
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%	6.1%	6.34%	6.54%
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	2.490	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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
CAPITALAND ASCENDAS REIT	15.84x	12.31x	19.26x	6.1%	9.64B
REALTY INCOME CORPORATION	42.02x	16.06x	16.65x	4.99%	61.17B
UNIBAIL-RODAMCO-WESTFIELD SE	9.5x	12.71x	15.86x	5.24%	17.22B
SEGRO PLC	13.39x	24.54x	28.91x	3.35%	17.67B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.16x	17.02x	25.34x	4.91%	15.04B
KLÉPIERRE	11.1x	13.87x	16.62x	5.08%	12.6B
FEDERAL REALTY INVESTMENT TRUST	32.21x	11.62x	18.33x	3.6%	10.89B
MERLIN PROPERTIES SOCIMI, S.A.	8.11x	22.77x	30.83x	2.75%	10.81B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	24.7x	7.32x	12x	5.66%	8.88B
VORNADO REALTY TRUST	-158.88x	8.18x	19.74x	1.89%	7.47B
Average	1.82x	14.64x	20.35x	4.36%	17.14B
Weighted average by Cap.	17.72x	15.66x	19.64x	4.58%