Keppel Infrastructure Trust

SGX:A7RU Stock Report

Market Cap: S$3.1b

Keppel Infrastructure Trust Future Growth

Future criteria checks 0/6

Keppel Infrastructure Trust is forecast to grow earnings and revenue by 1.9% and 1.3% per annum respectively. EPS is expected to grow by 2.1% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

1.9%

Earnings growth rate

2.09%

EPS growth rate

Chemicals earnings growth25.9%
Revenue growth rate1.3%
Future return on equity13.01%
Analyst coverage

Low

Last updated15 May 2026

Recent future growth updates

Analysis Article Feb 05

Keppel Infrastructure Trust Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Keppel Infrastructure Trust ( SGX:A7RU ) last week reported its latest annual results, which makes it a good time for...

Recent updates

Narrative Update May 14

A7RU: Fair Value Will Remain Steady As Risk And Earnings Assumptions Shift

Analysts have nudged their SGD fair value estimate for Keppel Infrastructure Trust from SGD0.57 to SGD0.58, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E that slightly adjust the overall risk and earnings profile. Valuation Changes Fair Value: revised from SGD0.57 to SGD0.58, nudged higher by about 2%.
Narrative Update Apr 26

A7RU: Fair Value Will Stay Steady As Assumptions Are Slightly Tightened

Analysts have kept their SGD fair value estimate for Keppel Infrastructure Trust steady at about SGD0.57 per unit. They cite small adjustments to discount rate assumptions and slightly lower projected revenue growth, while leaving profit margin and future P/E expectations broadly unchanged.
Narrative Update Apr 10

A7RU: Fair Value Will Remain Steady As Assumptions Are Refined

Analysts have kept their fair value estimate for Keppel Infrastructure Trust steady at SGD0.57, with a slightly lower discount rate and modest tweaks to long term revenue growth, profit margin and future P/E assumptions shaping this latest price target view. Valuation Changes Fair Value: SGD0.57 is unchanged, indicating no revision to the overall fair value estimate for Keppel Infrastructure Trust.
Narrative Update Mar 26

A7RU: Fair Value Will Stay Steady While Assumptions Support Future Upside

Analysts kept their SGD fair value estimate for Keppel Infrastructure Trust broadly unchanged at about SGD 0.57, citing only minor tweaks to inputs such as the discount rate, revenue growth, profit margin and the assumed future P/E multiple. Valuation Changes Fair Value: SGD 0.57 remains unchanged, indicating no material revision to the overall valuation anchor.
Narrative Update Mar 11

A7RU: Fair Value Will Stay Steady As Core Assumptions Are Refined

Analysts have kept their SGD fair value estimate for Keppel Infrastructure Trust steady at about SGD0.57 per unit. They cite modest tweaks to inputs such as a slightly lower discount rate, marginally higher revenue growth, and a small adjustment to forward P/E assumptions that largely offset each other in their price target models.
Narrative Update Feb 25

A7RU: Fair Value Will Remain Steady As Key Assumptions Are Fine Tuned

Analysts have left their fair value estimate for Keppel Infrastructure Trust broadly unchanged at about SGD0.57 per unit. This reflects only minor tweaks to inputs such as the discount rate and assumed future P/E that fine tune, rather than overhaul, their previous price target rationale.
Narrative Update Feb 11

A7RU: Fair Value Will Stay Steady As Earnings Assumptions Shift Marginally

Analysts have lifted their price target on Keppel Infrastructure Trust to reflect an updated fair value of $0.57. The change is linked to revised assumptions for revenue growth, profit margins, discount rate and a lower future P/E multiple.
Analysis Article Feb 09

Keppel Infrastructure Trust (SGX:A7RU) Is Due To Pay A Dividend Of SGD0.0197

The board of Keppel Infrastructure Trust ( SGX:A7RU ) has announced that it will pay a dividend of SGD0.0197 per share...
Analysis Article Feb 05

Keppel Infrastructure Trust Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Keppel Infrastructure Trust ( SGX:A7RU ) last week reported its latest annual results, which makes it a good time for...
Narrative Update Jan 27

A7RU: Fair Value Will Stay Steady As Assumptions Shift Marginally

Analysts have slightly raised their price target for Keppel Infrastructure Trust, reflecting marginally lower assumed discount rates as well as modest adjustments to long term revenue growth, profit margins and future P/E expectations in their models. Valuation Changes Fair Value: The fair value estimate remains unchanged at 0.5 in the updated model.
Narrative Update Jan 11

A7RU: Fair Value Will Remain Steady Ahead Of 2025 Extraordinary Meeting

Analysts have slightly reduced their price target for Keppel Infrastructure Trust. This reflects small adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E, while keeping their fair value estimate broadly unchanged.
Narrative Update Dec 25

A7RU: Fair Value Will Remain Steady As Risk Profile Eases Slightly

Analysts have slightly increased their price target on Keppel Infrastructure Trust to reflect a modest improvement in the implied discount rate and incremental refinements to long term revenue growth, profit margin and future P or E assumptions. This has resulted in a new fair value estimate in line with updated cash flow forecasts.
Narrative Update Dec 11

A7RU: Fair Value Outlook Will Remain Steady Amid Slight Risk Repricing

Analysts have nudged their price target on Keppel Infrastructure Trust slightly higher to reflect a modestly lower discount rate used in their valuation models, which suggests a marginal uplift in the trust's perceived fair value. What's in the News A special and extraordinary unitholders meeting is scheduled for November 11, 2025, at 10:30 a.m. Singapore time to consider key resolutions affecting Keppel Infrastructure Trust (Key Developments).
Narrative Update Nov 27

A7RU: Fair Value Outlook To Remain Stable Amid Profit Margin Improvement

Analysts have revised their fair value estimate for Keppel Infrastructure Trust upward from $0.46 to $0.50. This change reflects improved expectations for revenue growth and profit margins.
Narrative Update Oct 23

Analysts Maintain Keppel Infrastructure Trust Fair Value Target as Profit Margin Outlook Improves

Analysts have maintained their fair value estimate for Keppel Infrastructure Trust at $0.46. They cite improved profit margin outlooks and a lower projected future price-to-earnings ratio as the basis for their unchanged price target.
Narrative Update Oct 09

Digital Trends And Acquisitions Will Diminish Future Margins

Analysts have lowered their price target for Keppel Infrastructure Trust from $0.48 to $0.46, citing a moderation in revenue growth expectations. This change comes despite improved profit margins and a slight decrease in the discount rate.
Analysis Article Aug 27

Keppel Infrastructure Trust's (SGX:A7RU) Share Price Could Signal Some Risk

Keppel Infrastructure Trust's ( SGX:A7RU ) price-to-earnings (or "P/E") ratio of 18.6x might make it look like a sell...
Analysis Article Aug 06

These 4 Measures Indicate That Keppel Infrastructure Trust (SGX:A7RU) Is Using Debt Extensively

SGX:A7RU 1 Year Share Price vs Fair Value Explore Keppel Infrastructure Trust's Fair Values from the Community and...
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New Narrative Apr 27

Acquisitions And Renewable Investments Will Create Future Opportunities

Strategic acquisitions and expansion into renewable assets are expected to drive revenue growth and enhance cash flow through long-term contracts and improved EBITDA margins.
Analysis Article Mar 05

Keppel Infrastructure Trust's (SGX:A7RU) Intrinsic Value Is Potentially 39% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Keppel Infrastructure Trust fair value estimate is S$0.59...
Analysis Article Feb 10

Keppel Infrastructure Trust's (SGX:A7RU) Anemic Earnings Might Be Worse Than You Think

The subdued market reaction suggests that Keppel Infrastructure Trust's ( SGX:A7RU ) recent earnings didn't contain any...
Analysis Article May 22

Getting In Cheap On Keppel Infrastructure Trust (SGX:A7RU) Is Unlikely

It's not a stretch to say that Keppel Infrastructure Trust's ( SGX:A7RU ) price-to-sales (or "P/S") ratio of 1.2x right...
Analysis Article Apr 19

Here's Why Keppel Infrastructure Trust (SGX:A7RU) Has A Meaningful Debt Burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 07

Keppel Infrastructure Trust's (SGX:A7RU) Promising Earnings May Rest On Soft Foundations

Keppel Infrastructure Trust's ( SGX:A7RU ) robust earnings report didn't manage to move the market for its stock. We...
Analysis Article Sep 15

Does Keppel Infrastructure Trust (SGX:A7RU) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Jun 20

A Look At The Intrinsic Value Of Keppel Infrastructure Trust (SGX:A7RU)

Key Insights The projected fair value for Keppel Infrastructure Trust is S$0.58 based on 2 Stage Free Cash Flow to...
Analysis Article Feb 01

Keppel Infrastructure Trust's (SGX:A7RU) Dividend Will Be SGD0.0191

The board of Keppel Infrastructure Trust ( SGX:A7RU ) has announced that it will pay a dividend on the 14th of...
Analysis Article Nov 02

Is There An Opportunity With Keppel Infrastructure Trust's (SGX:A7RU) 34% Undervaluation?

How far off is Keppel Infrastructure Trust ( SGX:A7RU ) from its intrinsic value? Using the most recent financial data...
Analysis Article Sep 27

Keppel Infrastructure Trust (SGX:A7RU) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 02

Shareholders Can Be Confident That Keppel Infrastructure Trust's (SGX:A7RU) Earnings Are High Quality

Even though Keppel Infrastructure Trust's ( SGX:A7RU ) recent earnings release was robust, the market didn't seem to...
Analysis Article Nov 02

Is There An Opportunity With Keppel Infrastructure Trust's (SGX:A7RU) 36% Undervaluation?

How far off is Keppel Infrastructure Trust ( SGX:A7RU ) from its intrinsic value? Using the most recent financial data...

Earnings and Revenue Growth Forecasts

SGX:A7RU - Analysts future estimates and past financials data (SGD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20282,4361003743433
12/31/20272,3571013813214
12/31/20262,3101033793374
12/31/20252,33893182318N/A
9/30/20252,358119156279N/A
6/30/20252,378145130240N/A
3/31/20252,324103178278N/A
12/31/20242,26961227316N/A
9/30/20242,14556276354N/A
6/30/20242,00950369441N/A
3/31/20242,04081304367N/A
12/31/20232,072113238293N/A
9/30/20232,12555314365N/A
6/30/20232,15036263310N/A
3/31/20232,08218230276N/A
12/31/20222,0141198242N/A
9/30/20221,88230110155N/A
6/30/20221,79021105146N/A
3/31/20221,68627155195N/A
12/31/20211,58133206245N/A
6/30/20211,45026270296N/A
3/31/20211,46944317339N/A
12/31/20201,50755317339N/A
9/30/20201,60635365401N/A
6/30/20201,63384340373N/A
3/31/20201,66474312348N/A
12/31/20191,57539323356N/A
9/30/20191,32430N/A246N/A
6/30/20191,08128N/A216N/A
3/31/20198058N/A190N/A
12/31/201864732N/A181N/A
9/30/201863121N/A158N/A
6/30/201862529N/A143N/A
3/31/201864148N/A128N/A
12/31/201763648N/A82N/A
9/30/201760946N/A69N/A
6/30/201761247N/A62N/A
3/31/201760948N/A84N/A
12/31/201658341N/A84N/A
12/31/201557721N/A64N/A
9/30/20155115N/A82N/A
6/30/2015484-1N/A100N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A7RU's forecast earnings growth (1.9% per year) is below the savings rate (2.6%).

Earnings vs Market: A7RU's earnings (1.9% per year) are forecast to grow slower than the SG market (6.3% per year).

High Growth Earnings: A7RU's earnings are forecast to grow, but not significantly.

Revenue vs Market: A7RU's revenue (1.3% per year) is forecast to grow slower than the SG market (5.3% per year).

High Growth Revenue: A7RU's revenue (1.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A7RU's Return on Equity is forecast to be low in 3 years time (13%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 16:57
End of Day Share Price 2026/05/18 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Keppel Infrastructure Trust is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jialin LiCGS International
Patrick YauCitigroup Inc
Suvro SarkarDBS Bank Ltd