XSESC38U
Market cap10bUSD
Dec 20, Last price
1.91SGD
1D
-0.52%
1Q
-9.05%
Jan 2017
1.06%
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 |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,584,046 9.87% | 1,441,747 10.47% | 1,305,051 75.13% | |||||||
Cost of revenue | 481,660 | 493,834 | 441,609 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,102,386 | 947,913 | 863,442 | |||||||
NOPBT Margin | 69.59% | 65.75% | 66.16% | |||||||
Operating Taxes | 10,111 | 4,105 | 19,224 | |||||||
Tax Rate | 0.92% | 0.43% | 2.23% | |||||||
NOPAT | 1,092,275 | 943,808 | 844,218 | |||||||
Net income | 862,570 19.24% | 723,369 -33.21% | 1,083,086 209.61% | |||||||
Dividends | (708,177) | (684,847) | (448,046) | |||||||
Dividend yield | 5.16% | 5.06% | 3.38% | |||||||
Proceeds from repurchase of equity | 250,000 | |||||||||
BB yield | -1.89% | |||||||||
Debt | ||||||||||
Debt current | 1,002,827 | 1,156,977 | 596,902 | |||||||
Long-term debt | 8,525,959 | 8,480,286 | 7,596,823 | |||||||
Deferred revenue | 41 | 306 | 649 | |||||||
Other long-term liabilities | 379,549 | 320,339 | 186,429 | |||||||
Net debt | 8,872,977 | 8,787,768 | 7,284,198 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,079,809 | 1,023,539 | 827,532 | |||||||
CAPEX | (466) | (127,388) | (93,844) | |||||||
Cash from investing activities | (38,883) | (926,024) | 256,403 | |||||||
Cash from financing activities | (1,148,622) | (214,252) | (902,419) | |||||||
FCF | 900,844 | 730,891 | 1,107,415 | |||||||
Balance | ||||||||||
Cash | 140,700 | 248,396 | 365,133 | |||||||
Long term investments | 515,109 | 601,099 | 544,394 | |||||||
Excess cash | 576,607 | 777,408 | 844,274 | |||||||
Stockholders' equity | 201,907 | 28,558,786 | 27,391,400 | |||||||
Invested Capital | 24,082,661 | 23,433,892 | 21,224,005 | |||||||
ROIC | 4.60% | 4.23% | 3.99% | |||||||
ROCE | 4.54% | 3.91% | 3.91% | |||||||
EV | ||||||||||
Common stock shares outstanding | 6,663,410 | 6,639,800 | 6,494,455 | |||||||
Price | 2.06 0.98% | 2.04 0.00% | 2.04 -5.56% | |||||||
Market cap | 13,726,625 1.34% | 13,545,192 2.24% | 13,248,688 46.51% | |||||||
EV | 22,801,509 | 22,538,906 | 20,560,832 | |||||||
EBITDA | 1,107,115 | 952,082 | 868,305 | |||||||
EV/EBITDA | 20.60 | 23.67 | 23.68 | |||||||
Interest | 345,632 | 232,328 | 182,043 | |||||||
Interest/NOPBT | 31.35% | 24.51% | 21.08% |