CapitaLand China Trust

SGX:AU8U Stock Report

Market Cap: S$1.2b

CapitaLand China Trust Valuation

Is AU8U undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AU8U when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
S$0.74
Fair Value
7.4% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: AU8U (SGD0.69) is trading below our estimate of fair value (SGD0.74)

Significantly Below Fair Value: AU8U is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AU8U?

Key metric: As AU8U is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for AU8U. This is calculated by dividing AU8U's market cap by their current revenue.
What is AU8U's PS Ratio?
PS Ratio3.5x
SalesS$341.53m
Market CapS$1.20b

Price to Sales Ratio vs Peers

How does AU8U's PS Ratio compare to its peers?

The above table shows the PS ratio for AU8U vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7x
P40U Starhill Global Real Estate Investment Trust
6x2.0%S$1.1b
CRPU Sasseur Real Estate Investment Trust
6.4x2.6%S$794.2m
JYEU Lendlease Global Commercial REIT
6.2x4.8%S$1.3b
SK6U Paragon REIT
9.2x2.6%S$2.8b
AU8U CapitaLand China Trust
3.5x-1.2%S$1.2b

Price-To-Sales vs Peers: AU8U is good value based on its Price-To-Sales Ratio (3.5x) compared to the peer average (7x).

Price to Sales Ratio vs Industry

How does AU8U's PS Ratio compare vs other companies in the Asian Retail REITs Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
AU8U 3.5xIndustry Avg. 6.4xNo. of Companies6PS03.26.49.612.816+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: AU8U is good value based on its Price-To-Sales Ratio (3.5x) compared to the Asian Retail REITs industry average (6.4x).

Price to Sales Ratio vs Fair Ratio

What is AU8U's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AU8U PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.5x
Fair PS Ratio4.6x

Price-To-Sales vs Fair Ratio: AU8U is good value based on its Price-To-Sales Ratio (3.5x) compared to the estimated Fair Price-To-Sales Ratio (4.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AU8U forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentS$0.69
S$0.82
+18.4%
5.8%S$0.85S$0.75n/a3
Apr ’26S$0.70
S$0.79
+11.7%
8.2%S$0.85S$0.70n/a4
Mar ’26S$0.67
S$0.81
+22.2%
8.0%S$0.85S$0.70n/a4
Feb ’26S$0.73
S$0.86
+17.7%
8.7%S$0.95S$0.75n/a4
Jan ’26S$0.72
S$0.90
+25.3%
3.9%S$0.95S$0.85n/a4
Dec ’25S$0.71
S$0.90
+26.2%
3.9%S$0.95S$0.85n/a4
Nov ’25S$0.76
S$0.90
+19.5%
3.9%S$0.95S$0.85n/a4
Oct ’25S$0.83
S$0.91
+9.0%
2.8%S$0.95S$0.88n/a4
Sep ’25S$0.69
S$0.91
+30.9%
2.8%S$0.95S$0.88n/a4
Aug ’25S$0.69
S$0.97
+39.9%
11.4%S$1.16S$0.88n/a4
Jul ’25S$0.67
S$0.97
+45.1%
11.4%S$1.16S$0.88n/a4
Jun ’25S$0.67
S$0.96
+43.6%
10.6%S$1.16S$0.88n/a5
May ’25S$0.67
S$0.96
+44.7%
10.6%S$1.16S$0.88S$0.695
Apr ’25S$0.74
S$1.02
+38.4%
9.7%S$1.16S$0.90S$0.705
Mar ’25S$0.74
S$1.05
+42.4%
7.4%S$1.16S$0.92S$0.675
Feb ’25S$0.82
S$1.05
+27.8%
7.4%S$1.16S$0.92S$0.735
Jan ’25S$0.93
S$1.10
+18.5%
10.5%S$1.25S$0.92S$0.725
Dec ’24S$0.82
S$1.09
+33.4%
10.8%S$1.25S$0.92S$0.715
Nov ’24S$0.79
S$1.14
+45.7%
12.2%S$1.30S$0.92S$0.765
Oct ’24S$0.89
S$1.28
+44.2%
6.9%S$1.40S$1.13S$0.835
Sep ’24S$0.91
S$1.28
+41.0%
6.9%S$1.40S$1.13S$0.695
Aug ’24S$1.04
S$1.30
+24.6%
7.8%S$1.40S$1.13S$0.695
Jul ’24S$1.02
S$1.31
+28.6%
8.4%S$1.45S$1.13S$0.675
Jun ’24S$1.01
S$1.31
+29.9%
8.4%S$1.45S$1.13S$0.675
May ’24S$1.11
S$1.31
+18.2%
8.4%S$1.45S$1.13S$0.675
AnalystConsensusTarget
Consensus Narrative from 3 Analysts
S$0.82
Fair Value
15.5% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/05 18:03
End of Day Share Price 2025/05/05 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

CapitaLand China Trust is covered by 12 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
Samuel James Hugh WarwoodBofA Global Research
Peter BaiChina International Capital Corporation Limited
David LumDaiwa Securities Co. Ltd.