Keppel Infrastructure Trust

SGX:A7RU Stock Report

Market Cap: S$3.3b

Keppel Infrastructure Trust Past Earnings Performance

Past criteria checks 5/6

Keppel Infrastructure Trust has been growing earnings at an average annual rate of 30.1%, while the Chemicals industry saw earnings declining at 10.5% annually. Revenues have been growing at an average rate of 9.6% per year. Keppel Infrastructure Trust's return on equity is 4.4%, and it has net margins of 4%.

Key information

30.07%

Earnings growth rate

25.32%

EPS growth rate

Chemicals Industry Growth0.86%
Revenue growth rate9.56%
Return on equity4.35%
Net Margin3.98%
Next Earnings Update14 May 2026

Recent past performance updates

Recent updates

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.

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.

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.

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.

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.

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.

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

Feb 09
Keppel Infrastructure Trust (SGX:A7RU) Is Due To Pay A Dividend Of SGD0.0197

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

Feb 05
Keppel Infrastructure Trust Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

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.

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.

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.

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).

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.

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.

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.

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

Aug 27
Keppel Infrastructure Trust's (SGX:A7RU) Share Price Could Signal Some Risk

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

Aug 06
These 4 Measures Indicate That Keppel Infrastructure Trust (SGX:A7RU) Is Using Debt Extensively
User avatar

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.

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

Mar 05
Keppel Infrastructure Trust's (SGX:A7RU) Intrinsic Value Is Potentially 39% Above Its Share Price

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

Feb 10
Keppel Infrastructure Trust's (SGX:A7RU) Anemic Earnings Might Be Worse Than You Think

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

May 22
Getting In Cheap On Keppel Infrastructure Trust (SGX:A7RU) Is Unlikely

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

Apr 19
Here's Why Keppel Infrastructure Trust (SGX:A7RU) Has A Meaningful Debt Burden

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

Feb 07
Keppel Infrastructure Trust's (SGX:A7RU) Promising Earnings May Rest On Soft Foundations

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

Sep 15
Does Keppel Infrastructure Trust (SGX:A7RU) Have A Healthy Balance Sheet?

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

Jun 20
A Look At The Intrinsic Value Of Keppel Infrastructure Trust (SGX:A7RU)

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

Feb 01
Keppel Infrastructure Trust's (SGX:A7RU) Dividend Will Be SGD0.0191

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

Nov 02
Is There An Opportunity With Keppel Infrastructure Trust's (SGX:A7RU) 34% Undervaluation?

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

Sep 27
Keppel Infrastructure Trust (SGX:A7RU) Takes On Some Risk With Its Use Of Debt

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

Feb 02
Shareholders Can Be Confident That Keppel Infrastructure Trust's (SGX:A7RU) Earnings Are High Quality

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

Nov 02
Is There An Opportunity With Keppel Infrastructure Trust's (SGX:A7RU) 36% Undervaluation?

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

Apr 10
Does Keppel Infrastructure Trust (SGX:A7RU) Have A Healthy Balance Sheet?

Revenue & Expenses Breakdown

How Keppel Infrastructure Trust makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SGX:A7RU Revenue, expenses and earnings (SGD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 252,338935780
30 Sep 252,3581196130
30 Jun 252,3781456470
31 Mar 252,3241036130
31 Dec 242,269615800
30 Sep 242,145565060
30 Jun 242,009504280
31 Mar 242,040814130
31 Dec 232,0721133970
30 Sep 232,125553790
30 Jun 232,150363510
31 Mar 232,082183380
31 Dec 222,01413250
30 Sep 221,882303090
30 Jun 221,790213080
31 Mar 221,686272890
31 Dec 211,581332700
30 Jun 211,450262510
31 Mar 211,469442470
31 Dec 201,507552470
30 Sep 201,606352620
30 Jun 201,633842580
31 Mar 201,664742630
31 Dec 191,575392550
30 Sep 191,324302090
30 Jun 191,081281760
31 Mar 1980581410
31 Dec 18647321150
30 Sep 18631211160
30 Jun 18625291170
31 Mar 18641481180
31 Dec 17636481190
30 Sep 17609461200
30 Jun 17612471250
31 Mar 17609481280
31 Dec 16583411310
31 Dec 15577211110
30 Sep 155115750
30 Jun 15484-1610

Quality Earnings: A7RU has high quality earnings.

Growing Profit Margin: A7RU's current net profit margins (4%) are higher than last year (2.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: A7RU's earnings have grown significantly by 30.1% per year over the past 5 years.

Accelerating Growth: A7RU's earnings growth over the past year (51.2%) exceeds its 5-year average (30.1% per year).

Earnings vs Industry: A7RU earnings growth over the past year (51.2%) exceeded the Chemicals industry 3.7%.


Return on Equity

High ROE: A7RU's Return on Equity (4.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/02 16:04
End of Day Share Price 2026/04/30 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

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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 5 analysts. 3 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