XSES
C38U
Market cap11bUSD
Apr 04, Last price
2.14SGD
1D
-1.38%
1Q
8.63%
Jan 2017
13.23%
Name
CapitaLand Integrated Commercial Trust
Chart & Performance
Profile
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$14.0 billion as at 31 December 2020. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust. 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 22 properties in Singapore and two in Frankfurt, Germany, with a total property value of S$22.3 billion as at 31 December 2020. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited, which is a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.
Valuation
Title SGD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 1,586,329 0.14% | 1,584,046 9.87% | 1,441,747 10.47% | |||||||
Cost of revenue | 532,582 | 481,660 | 493,834 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,053,747 | 1,102,386 | 947,913 | |||||||
NOPBT Margin | 66.43% | 69.59% | 65.75% | |||||||
Operating Taxes | (6,458) | 10,111 | 4,105 | |||||||
Tax Rate | 0.92% | 0.43% | ||||||||
NOPAT | 1,060,205 | 1,092,275 | 943,808 | |||||||
Net income | 933,683 8.24% | 862,570 19.24% | 723,369 -33.21% | |||||||
Dividends | (758,529) | (708,177) | (684,847) | |||||||
Dividend yield | 5.86% | 5.16% | 5.06% | |||||||
Proceeds from repurchase of equity | 1,107,592 | |||||||||
BB yield | -8.56% | |||||||||
Debt | ||||||||||
Debt current | 1,037,790 | 1,002,827 | 1,156,977 | |||||||
Long-term debt | 7,961,619 | 8,525,959 | 8,480,286 | |||||||
Deferred revenue | 41 | 306 | ||||||||
Other long-term liabilities | 344,166 | 379,549 | 320,339 | |||||||
Net debt | 8,843,051 | 8,872,977 | 8,787,768 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,044,198 | 1,079,809 | 1,023,539 | |||||||
CAPEX | (411) | (466) | (127,388) | |||||||
Cash from investing activities | (520,565) | (38,883) | (926,024) | |||||||
Cash from financing activities | (507,975) | (1,148,622) | (214,252) | |||||||
FCF | 1,034,146 | 900,844 | 730,891 | |||||||
Balance | ||||||||||
Cash | 156,358 | 140,700 | 248,396 | |||||||
Long term investments | 515,109 | 601,099 | ||||||||
Excess cash | 77,042 | 576,607 | 777,408 | |||||||
Stockholders' equity | 197,715 | 201,907 | 28,558,786 | |||||||
Invested Capital | 24,961,573 | 24,082,661 | 23,433,892 | |||||||
ROIC | 4.32% | 4.60% | 4.23% | |||||||
ROCE | 4.21% | 4.54% | 3.91% | |||||||
EV | ||||||||||
Common stock shares outstanding | 6,707,540 | 6,663,410 | 6,639,800 | |||||||
Price | 1.93 -6.31% | 2.06 0.98% | 2.04 0.00% | |||||||
Market cap | 12,945,552 -5.69% | 13,726,625 1.34% | 13,545,192 2.24% | |||||||
EV | 21,986,318 | 22,801,509 | 22,538,906 | |||||||
EBITDA | 1,054,466 | 1,107,115 | 952,082 | |||||||
EV/EBITDA | 20.85 | 20.60 | 23.67 | |||||||
Interest | 355,853 | 345,632 | 232,328 | |||||||
Interest/NOPBT | 33.77% | 31.35% | 24.51% |