CapitaLand Ascendas REIT (SGX:A17U) - Stock Price, News & Analysis

A17U Stock Overview

CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust.

About the company

A17U fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	1/6
Dividends	4/6

Rewards

Trading at 37.5% below our estimate of its fair value

Earnings are forecast to grow 22.99% per year

Risk Analysis

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Profit margins (9.2%) are lower than last year (51.3%)

Unstable dividend track record

CapitaLand Ascendas REIT Competitors

Mapletree Industrial Trust

SGX:ME8U

S$6.8b

Mapletree Logistics Trust

SGX:M44U

S$6.7b

AIMS APAC REIT

SGX:O5RU

S$1.0b

Sabana Industrial Real Estate Investment Trust

SGX:M1GU

S$405.0m

Price History & Performance

Summary of all time highs, changes and price drops for CapitaLand Ascendas REIT
Historical stock prices
Current Share Price	S$2.67
52 Week High	S$3.05
52 Week Low	S$2.52
Beta	0.49
11 Month Change	-7.61%
3 Month Change	-3.96%
1 Year Change	-1.11%
33 Year Change	-14.70%
5 Year Change	-7.61%
Change since IPO	188.65%

Recent updates

Did You Participate In Any Of Ascendas Real Estate Investment Trust's (SGX:A17U) Respectable 62% Return?

Mar 11

Can Mixed Fundamentals Have A Negative Impact on Ascendas Real Estate Investment Trust (SGX:A17U) Current Share Price Momentum?

Feb 04

Could The Ascendas Real Estate Investment Trust (SGX:A17U) Ownership Structure Tell Us Something Useful?

Dec 28

Did You Participate In Any Of Ascendas Real Estate Investment Trust's (SGX:A17U) Respectable 73% Return?

Nov 23

Shareholder Returns

	A17U	SG Industrial REITs	SG Market
7D	-2.9%	-1.9%	-1.0%
1Y	-1.1%	-2.1%	10.1%

Return vs Industry: A17U exceeded the SG Industrial REITs industry which returned -2.1% over the past year.

Return vs Market: A17U underperformed the SG Market which returned 10.1% over the past year.

Price Volatility

Is A17U's price volatile compared to industry and market?
A17U volatility
A17U Average Weekly Movement	2.6%
Industrial REITs Industry Average Movement	2.5%
Market Average Movement	5.1%
10% most volatile stocks in SG Market	15.1%
10% least volatile stocks in SG Market	2.4%

Stable Share Price: A17U has not had significant price volatility in the past 3 months compared to the SG market.

Volatility Over Time: A17U's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	n/a	William Tay	www.capitaland-ascendasreit.com

CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets.

CapitaLand Ascendas REIT Fundamentals Summary

How do CapitaLand Ascendas REIT's earnings and revenue compare to its market cap?
A17U fundamental statistics
Market cap	S$11.74b
Earnings (TTM)	S$140.53m
Revenue (TTM)	S$1.53b

83.5x

P/E Ratio

7.7x

P/S Ratio

Is A17U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A17U income statement (TTM)
Revenue	S$1.53b
Cost of Revenue	S$575.57m
Gross Profit	S$956.71m
Other Expenses	S$816.19m
Earnings	S$140.53m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.032
Gross Margin	62.44%
Net Profit Margin	9.17%
Debt/Equity Ratio	63.8%

How did A17U perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

57%

Payout Ratio

A17U Stock Overview

Rewards

Risk Analysis

CapitaLand Ascendas REIT Competitors

SGX:ME8U

S$6.8b

SGX:M44U

S$6.7b

SGX:O5RU

S$1.0b

SGX:M1GU

S$405.0m

Price History & Performance

Recent News & Updates

CapitaLand Ascendas REIT to Report Q3, 2024 Results on Oct 25, 2024

Insufficient new directors

Now 22% undervalued

First half dividend of S$0.075 announced

First half 2024 earnings released: EPS: S$0.079 (vs S$0.087 in 1H 2023)

CapitaLand Ascendas REIT to Report First Half, 2024 Results on Jul 30, 2024

Recent updates

CapitaLand Ascendas REIT to Report Q3, 2024 Results on Oct 25, 2024

Insufficient new directors

Now 22% undervalued

First half dividend of S$0.075 announced

First half 2024 earnings released: EPS: S$0.079 (vs S$0.087 in 1H 2023)

CapitaLand Ascendas REIT to Report First Half, 2024 Results on Jul 30, 2024

CapitaLand Ascendas REIT to Report Q1, 2024 Results on Apr 22, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

CapitaLand Ascendas REIT, Annual General Meeting, Apr 26, 2024

Dividend of S$0.074 announced

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

CapitaLand Ascendas REIT Announces Distribution for the Period from 1 July 2023 to 31 December 2023, Payable on 6 March 2024

CapitaLand Ascendas REIT to Report Fiscal Year 2023 Results on Feb 01, 2024

CapitaLand Ascendas REIT to Report Q3, 2023 Results on Oct 27, 2023

First half 2023 earnings released: EPS: S$0.087 (vs S$0.095 in 1H 2022)

New minor risk - Profit margin trend

Capitaland Ascendas REIT Announces Distribution for the Period from 25 May 2023 to 30 June 2023, Payable on September 1, 2023

CapitaLand Ascendas REIT to Report First Half, 2023 Results on Jul 31, 2023

CapitaLand Ascendas REIT to Report First Half, 2023 Results on Jul 31, 2023

An unknown buyer completed the acquisition of KA Place from CapitaLand Ascendas REIT.

CapitaLand Ascendas REIT has completed a Follow-on Equity Offering in the amount of SGD 500.000904 million.

CapitaLand Ascendas REIT has completed a Follow-on Equity Offering in the amount of SGD 500.000904 million.

Full year 2022 earnings: EPS and revenues exceed analyst expectations

CapitaLand Ascendas REIT Announces Distribution for the Period from 1 July 2022 to 31 December 2022, Payable on 7 March 2023

CapitaLand Ascendas REIT to Report Fiscal Year 2022 Results on Feb 02, 2023

CapitaLand Ascendas REIT Management Limited Announces Changes to Composition of Board and Board Committees

CapitaLand Ascendas REIT to Report Q3, 2022 Results on Oct 31, 2022

First half 2022 earnings released: EPS: S$0.095 (vs S$0.086 in 1H 2021)

Ascendas Real Estate Investment Trust Announces Cash Distribution for the Period from 1 January 2022 to 30 June 2022, Payable on September 5, 2022

Ascendas Real Estate Investment Trust to Report First Half, 2022 Results on Aug 02, 2022

Ascendas Real Estate Investment Trust to Report Q1, 2022 Results on May 04, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Ascendas Real Estate Investment Trust, Annual General Meeting, Apr 28, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Ascendas Real Estate Investment Trust Announces Distribution for the Period from 1 July 2021 to 31 December 2021, Payable on 11 March 2022

High number of new directors

High number of new directors

First half 2021 earnings released: EPS S$0.086 (vs S$0.075 in 1H 2020)

Strategic Industrial Real Estate managed by Arrow Capital Partners entered into an agreement to acquire 82 Noosa Street and 62 Stradbroke Street located in Brisbane from Ascendas Real Estate Investment Trust (SGX:A17U) for approximately AUD 100 million.

Ascendas Real Estate Investment Trust has completed a Follow-on Equity Offering in the amount of SGD 420.002816 million.

Ascendas Real Estate Investment Trust Announces Distribution, Payable on or Around 9 June 2021

Ascendas Real Estate Investment Trust (SGX:A17U) agreed to acquire the remaining 75% stake in Galaxis Property for approximately SGD 530 million.

Full year 2020 earnings released: EPS S$0.12 (vs S$0.16 in FY 2019)

Ascendas Real Estate Investment Trust (SGX:A17U) acquired a Portfolio of 11 Data Centres in Europe from Digital Realty Trust, Inc. (NYSE:DLR) for approximately SGD 900 million.

Did You Participate In Any Of Ascendas Real Estate Investment Trust's (SGX:A17U) Respectable 62% Return?

New 90-day low: S$2.87

Can Mixed Fundamentals Have A Negative Impact on Ascendas Real Estate Investment Trust (SGX:A17U) Current Share Price Momentum?

Full year 2020 earnings released: EPS S$0.12 (vs S$0.16 in FY 2019)

Revenue beats expectations, earnings disappoint

Ascendas Real Estate Investment Trust to Report Fiscal Year 2020 Results on Feb 02, 2021

Could The Ascendas Real Estate Investment Trust (SGX:A17U) Ownership Structure Tell Us Something Useful?

Did You Participate In Any Of Ascendas Real Estate Investment Trust's (SGX:A17U) Respectable 73% Return?

Ascendas Real Estate Investment Trust (SGX:A17U) completed the acquisition of office property located at 505 Brannan Street in San Francisco, California from Alexandria Real Estate Equities, Inc. (NYSE:ARE) and TMG Partners.

Ascendas Real Estate Investment Trust has completed a Follow-on Equity Offering in the amount of SGD 800.001776 million.

New 90-day low: S$3.16

Ascendas Real Estate Investment Trust to Report Q3, 2020 Results on Oct 26, 2020

Ascendas Real Estate Investment Trust (SGX:A17U) signed an agreement to acquire MQX4 in Macquarie Park from Australand Industrial No. 122 Pty. Limited and Winten (No 35) Pty Limited for approximately AUD 170 million.

Ascendas Real Estate Investment Trust (SGX:A17U) completed the acquisition of Suburban Office Building at 254 Wellington Road, Melbourne from ESR FPA (Wellington Road) Pty Limited for approximately AUD 100 million.

Ascendas Real Estate Investment Trust (SGX:A17U) acquired Two Business Park Properties in Singapore for SGD 380 million.