Suntec Real Estate Investment Trust

SGX:T82U Stock Report

Market Cap: S$4.1b

Suntec Real Estate Investment Trust Valuation

Is T82U 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 T82U when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

S$2.73
Fair Value
49.5% undervalued intrinsic discount
14
Number of Analysts

Below Fair Value: T82U (SGD1.38) is trading below our estimate of fair value (SGD2.73)

Significantly Below Fair Value: T82U is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for T82U?

Key metric: As T82U is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for T82U. This is calculated by dividing T82U's market cap by their current revenue.
What is T82U's PS Ratio?
PS Ratio7.3x
SalesS$554.35m
Market CapS$4.06b

Price to Sales Ratio vs Peers

How does T82U's PS Ratio compare to its peers?

The above table shows the PS ratio for T82U vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.5x
N2IU Mapletree Pan Asia Commercial Trust
8.4x1.70%S$7.5b
TS0U OUE Real Estate Investment Trust
6.2x-2.98%S$1.9b
SET Stoneweg Europe Stapled Trust
4.1x1.36%€871.6m
C38U CapitaLand Integrated Commercial Trust
11.2x4.36%S$17.7b
T82U Suntec Real Estate Investment Trust
7.3x-1.01%S$4.1b

Price-To-Sales vs Peers: T82U is good value based on its Price-To-Sales Ratio (7.3x) compared to the peer average (7.5x).

Price to Sales Ratio vs Industry

How does T82U's PS Ratio compare vs other companies in the Asian REITs Industry?

0 CompaniesPrice / SalesEstimated GrowthMarket Cap
T82U 7.3xIndustry Avg. 7.5xNo. of Companies13PS048121620+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: T82U is good value based on its Price-To-Sales Ratio (7.3x) compared to the Asian REITs industry average (7.5x).

Price to Sales Ratio vs Fair Ratio

What is T82U'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.

T82U PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7.3x
Fair PS Ratio7x

Price-To-Sales vs Fair Ratio: T82U is expensive based on its Price-To-Sales Ratio (7.3x) compared to the estimated Fair Price-To-Sales Ratio (7x).

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 T82U forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentS$1.38
S$1.37
-0.52%
9.42%S$1.60S$1.10n/a14
Nov ’26S$1.34
S$1.35
+0.59%
9.67%S$1.60S$1.10n/a14
Oct ’26S$1.30
S$1.27
-2.13%
11.83%S$1.48S$1.03n/a13
Sep ’26S$1.34
S$1.26
-5.86%
10.72%S$1.45S$1.03n/a14
Aug ’26S$1.17
S$1.22
+4.54%
8.85%S$1.38S$1.03n/a13
Jul ’26S$1.13
S$1.22
+7.83%
8.59%S$1.38S$1.05n/a13
Jun ’26S$1.13
S$1.21
+7.35%
8.00%S$1.38S$1.05n/a13
May ’26S$1.15
S$1.21
+4.82%
8.11%S$1.38S$1.05n/a13
Apr ’26S$1.18
S$1.22
+3.26%
8.32%S$1.38S$1.05n/a13
Mar ’26S$1.14
S$1.21
+6.55%
8.47%S$1.38S$1.05n/a13
Feb ’26S$1.19
S$1.22
+2.59%
8.53%S$1.38S$1.05n/a13
Jan ’26S$1.17
S$1.22
+4.67%
8.90%S$1.38S$1.05n/a13
Dec ’25S$1.14
S$1.22
+6.68%
9.73%S$1.38S$1.04S$1.3713
Nov ’25S$1.17
S$1.22
+3.94%
9.73%S$1.38S$1.04S$1.3413
Oct ’25S$1.33
S$1.21
-8.68%
11.07%S$1.41S$1.03S$1.3013
Sep ’25S$1.23
S$1.17
-4.69%
10.85%S$1.41S$1.03S$1.3413
Aug ’25S$1.21
S$1.16
-4.07%
11.28%S$1.41S$1.03S$1.1713
Jul ’25S$1.07
S$1.18
+10.28%
11.12%S$1.41S$1.03S$1.1313
Jun ’25S$1.07
S$1.18
+10.28%
11.12%S$1.41S$1.03S$1.1313
May ’25S$1.08
S$1.18
+9.26%
10.53%S$1.41S$1.03S$1.1514
Apr ’25S$1.12
S$1.20
+7.53%
10.64%S$1.47S$1.02S$1.1814
Mar ’25S$1.14
S$1.21
+6.43%
10.12%S$1.47S$1.02S$1.1415
Feb ’25S$1.18
S$1.20
+1.96%
10.42%S$1.47S$1.02S$1.1916
Jan ’25S$1.23
S$1.18
-4.42%
10.47%S$1.47S$0.98S$1.1716
Dec ’24S$1.15
S$1.17
+1.79%
10.97%S$1.47S$0.98S$1.1416
S$1.37
Fair Value
0.5% overvalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/05 17:02
End of Day Share Price 2025/12/05 00:00
Earnings2025/06/30
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

Suntec Real Estate Investment Trust is covered by 30 analysts. 12 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
Donald ChuaBofA Global Research
Justin JenkinsCGS International