Does CapitaLand India Trust (SGX:CY6U) Have A Healthy Balance Sheet?
Apr 17
Singaporean (SGX) Real Estate Operating Companies Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies10
- 7D3.8%
- 3M-8.3%
- 1Y-29.7%
- YTDn/a
Over the last 7 days, the Real Estate Operating Companies industry has dropped 6.7%, driven by CapitaLand Investment declining 8.2%. Meanwhile, Centurion actually outperformed within the industry, gaining 5.7% in the last week. The industry has fallen 33% in the last year. Looking forward, earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Singaporean Real Estate Operating Companies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | S$22.9b | S$5.4b | S$16.5m | 7.7x | 1388x | 4.2x |
| Sat, 23 Mar 2024 | S$23.7b | S$5.4b | S$16.5m | 8.2x | 1440.7x | 4.4x |
| Mon, 19 Feb 2024 | S$25.2b | S$5.7b | S$826.2m | 8x | 30.5x | 4.4x |
| Wed, 17 Jan 2024 | S$26.0b | S$5.7b | S$768.0m | 10.3x | 33.9x | 4.6x |
| Fri, 15 Dec 2023 | S$25.9b | S$5.7b | S$768.0m | 10.8x | 33.8x | 4.6x |
| Sun, 12 Nov 2023 | S$25.4b | S$5.7b | S$781.7m | 9.8x | 32.5x | 4.4x |
| Tue, 10 Oct 2023 | S$26.5b | S$5.7b | S$782.6m | 12x | 33.9x | 4.7x |
| Thu, 07 Sep 2023 | S$27.5b | S$5.7b | S$782.6m | 13.6x | 35.2x | 4.8x |
| Sat, 05 Aug 2023 | S$28.2b | S$5.7b | S$827.8m | 14x | 34x | 4.9x |
| Mon, 03 Jul 2023 | S$29.0b | S$5.9b | S$1.5b | 15.3x | 19.6x | 4.9x |
| Wed, 31 May 2023 | S$30.2b | S$5.9b | S$1.5b | 15.3x | 20.4x | 5.1x |
| Fri, 28 Apr 2023 | S$32.8b | S$5.9b | S$1.5b | 12.9x | 22x | 5.5x |
| Sun, 26 Mar 2023 | S$30.5b | S$5.9b | S$1.5b | 14.4x | 20.4x | 5.1x |
| Tue, 21 Feb 2023 | S$33.4b | S$5.7b | S$2.2b | 15.2x | 15.4x | 5.8x |
| Thu, 19 Jan 2023 | S$33.7b | S$5.7b | S$2.2b | 14.4x | 15.2x | 5.9x |
| Sat, 17 Dec 2022 | S$31.8b | S$5.7b | S$2.2b | 15.3x | 14.3x | 5.6x |
| Mon, 14 Nov 2022 | S$31.0b | S$5.7b | S$2.2b | 15.3x | 13.9x | 5.4x |
| Wed, 12 Oct 2022 | S$30.5b | S$5.7b | S$2.2b | 15.3x | 13.7x | 5.3x |
| Fri, 09 Sep 2022 | S$32.5b | S$5.7b | S$2.2b | 15.3x | 14.7x | 5.7x |
| Sun, 07 Aug 2022 | S$35.4b | S$5.4b | S$2.5b | 15.1x | 14.2x | 6.6x |
| Tue, 05 Jul 2022 | S$34.2b | S$5.4b | S$1.3b | 17.7x | 25.5x | 6.4x |
| Thu, 02 Jun 2022 | S$34.4b | S$5.4b | S$1.3b | 14.8x | 27.1x | 6.4x |
| Sat, 30 Apr 2022 | S$35.8b | S$5.4b | S$1.2b | 16.1x | 28.7x | 6.7x |
| Mon, 28 Mar 2022 | S$34.9b | S$5.4b | S$1.2b | 14.9x | 27.9x | 6.5x |
| Wed, 23 Feb 2022 | S$35.0b | S$4.7b | -S$2,065,447,897.00 | 36x | -17x | 7.4x |
| Fri, 21 Jan 2022 | S$15.9b | S$2.8b | -S$1,595,055,302.00 | 35.1x | -10x | 5.7x |
| Sun, 19 Dec 2021 | S$15.4b | S$2.8b | -S$1,595,055,302.00 | 35.3x | -9.6x | 5.5x |
| Tue, 16 Nov 2021 | S$16.9b | S$2.8b | -S$1,590,239,302.00 | 36.1x | -10.6x | 6x |
| Thu, 14 Oct 2021 | S$14.9b | S$2.8b | -S$1,585,423,302.00 | 28.5x | -9.4x | 5.3x |
| Sat, 11 Sep 2021 | S$14.7b | S$2.8b | -S$1,585,423,302.00 | 29.1x | -9.3x | 5.2x |
| Mon, 09 Aug 2021 | S$13.9b | S$2.8b | -S$1,585,423,302.00 | 29x | -8.8x | 4.9x |
| Sun, 02 May 2021 | S$15.1b | S$2.8b | -S$2,065,289,302.00 | 26.3x | -7.3x | 5.4x |
Price to Earnings Ratio
-7.3x
Current Industry PE
- Investors are optimistic on the Singaporean Real Estate Operating Companies industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 1kx which is higher than its 3-year average PE of 70.0x.
- The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- Total earnings for the Real Estate Operating Companies industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 25% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Singaporean Real Estate Operating Companies compare with similar industries?
| SG Market | 3.12% | |
| Real Estate | 0.74% | |
| Real Estate | 2.56% | |
| Real Estate Operating Companies | 3.78% | |
| Diversified Real Estate | 2.91% | |
| Real Estate Services | 0.13% | |
| Real Estate Development | 0.13% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9CI CapitaLand Investment | S$2.65 | 6.0% +S$761.9m | -31.9% | PE74.4x | |
| H78 Hongkong Land Holdings | US$3.07 | 8.9% +US$551.7m | -29.6% | PS3.7x | |
| OU8 Centurion | S$0.51 | 12.2% +S$46.2m | 40.3% | PE2.8x | |
| F86 MYP | S$0.052 | 48.6% +S$27.1m | 20.9% | PS4.8x | |
| CY6U CapitaLand India Trust | S$0.99 | 1.5% +S$20.1m | -7.0% | PE9x |
