City Developments Limited

SGX:C09 Stock Report

Market Cap: S$4.5b

City Developments Future Growth

Future criteria checks 2/6

City Developments is forecast to grow earnings and revenue by 15.7% and 1.9% per annum respectively. EPS is expected to grow by 16% per annum. Return on equity is forecast to be 4.4% in 3 years.

Key information

15.7%

Earnings growth rate

16.0%

EPS growth rate

Real Estate earnings growth29.0%
Revenue growth rate1.9%
Future return on equity4.4%
Analyst coverage

Good

Last updated21 Dec 2024

Recent future growth updates

City Developments Limited Just Missed Earnings - But Analysts Have Updated Their Models

Mar 01
City Developments Limited Just Missed Earnings - But Analysts Have Updated Their Models

Recent updates

City Developments Limited's (SGX:C09) Business Is Yet to Catch Up With Its Share Price

Oct 25
City Developments Limited's (SGX:C09) Business Is Yet to Catch Up With Its Share Price

City Developments (SGX:C09) Has A Somewhat Strained Balance Sheet

Oct 04
City Developments (SGX:C09) Has A Somewhat Strained Balance Sheet

Revenues Working Against City Developments Limited's (SGX:C09) Share Price

Jul 26
Revenues Working Against City Developments Limited's (SGX:C09) Share Price

City Developments Limited (SGX:C09) Shares Could Be 20% Below Their Intrinsic Value Estimate

Jun 28
City Developments Limited (SGX:C09) Shares Could Be 20% Below Their Intrinsic Value Estimate

What Is City Developments Limited's (SGX:C09) Share Price Doing?

May 21
What Is City Developments Limited's (SGX:C09) Share Price Doing?

Shareholders May Not Be So Generous With City Developments Limited's (SGX:C09) CEO Compensation And Here's Why

Apr 17
Shareholders May Not Be So Generous With City Developments Limited's (SGX:C09) CEO Compensation And Here's Why

City Developments' (SGX:C09) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 01
City Developments' (SGX:C09) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Is City Developments (SGX:C09) Using Too Much Debt?

Mar 22
Is City Developments (SGX:C09) Using Too Much Debt?

City Developments Limited Just Missed Earnings - But Analysts Have Updated Their Models

Mar 01
City Developments Limited Just Missed Earnings - But Analysts Have Updated Their Models

City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 77% Above Its Share Price

Dec 08
City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 77% Above Its Share Price

Is There Now An Opportunity In City Developments Limited (SGX:C09)?

Nov 20
Is There Now An Opportunity In City Developments Limited (SGX:C09)?

Is City Developments (SGX:C09) A Risky Investment?

Nov 01
Is City Developments (SGX:C09) A Risky Investment?

City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 46% Above Its Share Price

Sep 04
City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 46% Above Its Share Price

At S$7.12, Is It Time To Put City Developments Limited (SGX:C09) On Your Watch List?

Aug 09
At S$7.12, Is It Time To Put City Developments Limited (SGX:C09) On Your Watch List?

These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively

May 19
These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively

Is There Now An Opportunity In City Developments Limited (SGX:C09)?

Apr 20
Is There Now An Opportunity In City Developments Limited (SGX:C09)?

These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively

Dec 23
These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively

What Does City Developments Limited's (SGX:C09) Share Price Indicate?

Nov 01
What Does City Developments Limited's (SGX:C09) Share Price Indicate?

City Developments (SGX:C09) Takes On Some Risk With Its Use Of Debt

Aug 15
City Developments (SGX:C09) Takes On Some Risk With Its Use Of Debt

What Is City Developments Limited's (SGX:C09) Share Price Doing?

Feb 09
What Is City Developments Limited's (SGX:C09) Share Price Doing?

Is City Developments (SGX:C09) Using Debt Sensibly?

Dec 28
Is City Developments (SGX:C09) Using Debt Sensibly?

Is City Developments (SGX:C09) Using Too Much Debt?

Sep 20
Is City Developments (SGX:C09) Using Too Much Debt?

Is There An Opportunity With City Developments Limited's (SGX:C09) 35% Undervaluation?

Aug 03
Is There An Opportunity With City Developments Limited's (SGX:C09) 35% Undervaluation?

Why City Developments Limited (SGX:C09) Could Be Worth Watching

Jul 06
Why City Developments Limited (SGX:C09) Could Be Worth Watching

A Look At The Fair Value Of City Developments Limited (SGX:C09)

Apr 30
A Look At The Fair Value Of City Developments Limited (SGX:C09)

Is City Developments (SGX:C09) Using Too Much Debt?

Mar 25
Is City Developments (SGX:C09) Using Too Much Debt?

Earnings and Revenue Growth Forecasts

SGX:C09 - Analysts future estimates and past financials data (SGD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20263,9064523371,3007
12/31/20253,7813719011,02910
12/31/20243,5662853,66089710
6/30/20243,800328595892N/A
3/31/20244,371316633921N/A
12/31/20234,941305671950N/A
9/30/20234,733262459675N/A
6/30/20234,525219247400N/A
3/31/20233,9097463137N/A
12/31/20223,2931,272-241-126N/A
9/30/20223,1001,24865191N/A
6/30/20222,9061,223371508N/A
3/31/20222,766648681821N/A
12/31/20212,626729911,134N/A
9/30/20212,427-947748950N/A
6/30/20212,228-1,966506766N/A
3/31/20212,168-1,948-59205N/A
12/31/20202,108-1,930-624-356N/A
9/30/20202,538-886-379-168N/A
6/30/20202,905193-273-102N/A
3/31/20203,219350169360N/A
12/31/20193,429552617836N/A
9/30/20193,270542608842N/A
6/30/20193,402600683892N/A
3/31/20193,911659-549-349N/A
12/31/20184,223544-801-600N/A
9/30/20184,762632-527-365N/A
6/30/20184,609606-512-375N/A
3/31/20184,103499N/A968N/A
12/31/20173,829509N/A1,087N/A
9/30/20173,668587N/A988N/A
6/30/20173,727611N/A1,329N/A
3/31/20173,966631N/A1,086N/A
12/31/20163,905640N/A1,181N/A
9/30/20163,593807N/A378N/A
6/30/20163,480743N/A-11N/A
3/31/20163,212743N/A166N/A
12/31/20153,304760N/A78N/A
9/30/20153,296735N/A847N/A
6/30/20153,808756N/A513N/A
3/31/20153,845760N/A278N/A
12/31/20143,764757N/A292N/A
9/30/20143,706594N/A47N/A
6/30/20143,219588N/A470N/A
3/31/20143,171655N/A799N/A
12/31/20133,213673N/A677N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: C09's forecast earnings growth (15.7% per year) is above the savings rate (2.2%).

Earnings vs Market: C09's earnings (15.7% per year) are forecast to grow faster than the SG market (11.2% per year).

High Growth Earnings: C09's earnings are forecast to grow, but not significantly.

Revenue vs Market: C09's revenue (1.9% per year) is forecast to grow slower than the SG market (3.7% per year).

High Growth Revenue: C09's revenue (1.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: C09's Return on Equity is forecast to be low in 3 years time (4.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 01:09
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

City Developments Limited is covered by 32 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tricia SongBarclays
Chin Hong PangBNP Paribas Securities (Asia)
Donald ChuaBofA Global Research