XSEST82U
Market cap2.52bUSD
Dec 20, Last price
1.17SGD
1D
-0.85%
1Q
-12.03%
Jan 2017
-29.09%
Name
Suntec Real Estate Investment Trust
Chart & Performance
Profile
Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping Mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall, and a 30.0% interest in 9 Penang Road. Suntec REIT holds a 100% interest in a commercial building located at 177 Pacific Highway, Sydney, a 100% interest in a commercial building located at 21 Harris Street, Pyrmont, Sydney, a 50.0% interest in Southgate Complex, Melbourne, a 50.0% interest in a commercial building located at Olderfleet 477 Collins Street, Melbourne and a 100% interest in a commercial building located at 55 Currie Street, Adelaide, Australia. Suntec REIT also holds a 50.0% interest in Nova Properties located in London, United Kingdom. Its aim is to invest in income-producing real estate which is primarily used for office and/or retail purposes. Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited.
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 | 498,740 16.73% | 427,269 19.33% | 358,069 13.53% | |||||||
Cost of revenue | 218,147 | 176,898 | 167,740 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 280,593 | 250,371 | 190,329 | |||||||
NOPBT Margin | 56.26% | 58.60% | 53.15% | |||||||
Operating Taxes | 7,970 | 16,241 | 25,030 | |||||||
Tax Rate | 2.84% | 6.49% | 13.15% | |||||||
NOPAT | 272,623 | 234,130 | 165,299 | |||||||
Net income | 185,384 -61.12% | 476,811 0.08% | 476,439 -511.93% | |||||||
Dividends | (209,906) | (263,444) | (246,022) | |||||||
Dividend yield | 5.88% | 6.62% | 5.64% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 399,853 | 645,577 | 499,754 | |||||||
Long-term debt | 3,860,497 | 4,197,902 | 4,419,236 | |||||||
Deferred revenue | 27,988 | 12,503 | ||||||||
Other long-term liabilities | 75,016 | 31,774 | 51,298 | |||||||
Net debt | 1,212,946 | 1,065,347 | 1,186,053 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 152,979 | 284,183 | 243,727 | |||||||
CAPEX | (1,460) | (14,091) | (8,310) | |||||||
Cash from investing activities | 698,153 | 114,773 | (82,679) | |||||||
Cash from financing activities | (1,000,985) | (383,592) | (116,943) | |||||||
FCF | 109,752 | 256,686 | 139,594 | |||||||
Balance | ||||||||||
Cash | 217,925 | 269,610 | 268,311 | |||||||
Long term investments | 2,829,479 | 3,508,522 | 3,464,626 | |||||||
Excess cash | 3,022,467 | 3,756,769 | 3,715,034 | |||||||
Stockholders' equity | 6,235,860 | 18,588,511 | 18,353,235 | |||||||
Invested Capital | 7,896,799 | 7,713,382 | 7,762,309 | |||||||
ROIC | 3.49% | 3.03% | 2.22% | |||||||
ROCE | 2.56% | 2.17% | 1.65% | |||||||
EV | ||||||||||
Common stock shares outstanding | 2,904,017 | 2,882,507 | 2,889,930 | |||||||
Price | 1.23 -10.87% | 1.38 -8.61% | 1.51 -0.66% | |||||||
Market cap | 3,571,941 -10.20% | 3,977,860 -8.84% | 4,363,794 1.86% | |||||||
EV | 4,912,954 | 5,162,933 | 5,648,757 | |||||||
EBITDA | 281,214 | 251,051 | 191,115 | |||||||
EV/EBITDA | 17.47 | 20.57 | 29.56 | |||||||
Interest | 161,562 | 136,484 | 108,981 | |||||||
Interest/NOPBT | 57.58% | 54.51% | 57.26% |