Frasers Property Ltd

Chart & Performance

D1W1MN

P/E

20.86

P/S

0.92

EPS

0.04

Div Yield, %

3.26%

Shrs. gr., 5y

6.14%

Rev. gr., 5y

-1.75%

Revenues

4.21b

+6.78%

Net income

206m

+19.17%

CFO

1.24b

-20.05%

Dividend

Jan 23, 20250.045 SGD/sh

Earnings

Jan 23, 2025

Profile

Frasers Property Limited, an investment holding company, develops, invests in, and manages a portfolio of real estate properties. The company's asset portfolio includes integrated, residential, hospitality, commercial and business parks, retail, and logistics and industrial properties in Singapore, Australia, Europe, China, Thailand, Southeast Asia, and internationally. It owns and/or operates serviced apartments and hotels in approximately 70 cities across Asia, Australia, Europe, the Middle East, and Africa. The company also acts as a sponsor of two real estate investment trusts (REITs) listed on the SGX-ST that comprises Frasers Centrepoint Trust, and Frasers Logistics & Commercial Trust focused on retail, commercial, and industrial properties; and one stapled trust listed on the SGX-ST that include Frasers Hospitality Trust focused on hospitality properties; and two REITs listed on the Stock Exchange of Thailand, which include Frasers Property (Thailand) Public Company Limited, a sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT that focuses on industrial and logistics properties in Thailand, as well as Golden Ventures Leasehold Real Estate Investment Trust, which focuses on commercial properties. The company was formerly known as Frasers Centrepoint Limited and changed its name to Frasers Property Limited in February 2018. The company was incorporated in 1963 and is headquartered in Singapore.

URL

https://www.frasersproperty.com/

IPO date

Jan 09, 2014

Employees

5,032

Domiciled in

Incorporated in

Valuation

Order:

Title SGD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title SGD in thousands, except ratios and share amounts	2024‑09	2023‑09	2022‑09	2021‑09	2020‑09	2019‑09	2018‑09	2017‑09	2016‑09	2015‑09
Income
Revenues	4,214,846 6.78%	3,947,066 1.81%	3,877,042 3.01%
Cost of revenue	3,166,312	2,530,519	2,767,659
Unusual Expense (Income)
NOPBT	1,048,534	1,416,547	1,109,383
NOPBT Margin	24.88%	35.89%	28.61%
Operating Taxes	132,875	105,984	358,417
Tax Rate	12.67%	7.48%	32.31%
NOPAT	915,659	1,310,563	750,966
Net income	206,331 19.17%	173,144 -81.35%	928,274 11.43%
Dividends	(176,672)	(117,781)	(78,521)
Dividend yield		3.59%	2.03%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	3,652,562	3,961,399	3,871,686
Long-term debt	15,310,977	14,379,155	13,992,322
Deferred revenue		168	476
Other long-term liabilities	512,159	261,850	240,074
Net debt	11,494,604	11,715,559	10,910,302
Cash flow
Cash from operating activities	1,244,189	1,556,214	1,184,269
CAPEX	(59,163)	(123,321)	(993,872)
Cash from investing activities	(339,015)	(1,468,268)	49,798
Cash from financing activities	(846,817)	(688,986)	(1,572,666)
FCF	2,406,243	(4,705,482)	1,456,447
Balance
Cash	2,718,480	2,658,340	3,243,018
Long term investments	4,750,455	3,966,655	3,710,688
Excess cash	7,258,193	6,427,642	6,759,854
Stockholders' equity	17,891,997	17,788,789	18,232,910
Invested Capital	28,850,074	29,581,596	29,882,587
ROIC	3.13%	4.41%	2.47%
ROCE	2.82%	3.82%	2.94%
EV
Common stock shares outstanding		3,926,042	3,955,359
Price	0.88 4.79%	0.84 -14.80%	0.98 -13.27%
Market cap		3,278,245 -15.43%	3,876,252 -0.86%
EV		22,887,685	22,673,583
EBITDA	1,128,153	1,496,581	1,198,093
EV/EBITDA		15.29	18.92
Interest	627,775	525,849	394,414
Interest/NOPBT	59.87%	37.12%	35.55%