CapitaLand Integrated Commercial Trust
SGX-C38U
Company Overview
CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$14.0 billion as at 31 December 2020. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust. CICT owns and invests in quality income-producing assets primarily used for commercial (including retail and/or office) purpose, located predominantly in Singapore. As the largest proxy for Singapore commercial real estate, CICT's portfolio comprises 22 properties in Singapore and two in Frankfurt, Germany, with a total property value of S$22.3 billion as at 31 December 2020. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited, which is a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.
Name
CapitaLand Integrated Commercial Trust
CEO
Mr. Tee Hieong Tan
Website
www.cict.com.sg
Sector
Retail REITs
Year Founded
2001
Profile
Market Cap
SGD 14.92B
EV
SGD 24.61B
Shares Out
6,909.31M
Revenue
SGD 1,577.12M
Employees
—
Margins
Gross
68.89%
EBITDA
66.63%
Operating
66.33%
Pre-Tax
54.16%
Net
53.24%
FCF
66.54%
Returns (5Yr Avg)
ROA
3.84%
ROTA
6.3%
ROE
6.3%
ROCE
4.19%
ROIC
3.8%
Valuation (TTM)
P/E
—
P/B
—
P/FFO
—
P/Adjusted FFO
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
SGD 2.26
P/E
—
PEG
—
P/FFO
—
P/Adjusted FFO
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
SGD 147.17M
Net Debt
SGD 9,481.61M
Debt/Equity
0.66
EBIT/Interest
3.1
Growth (CAGR)
Rev 3Yr
13.72%
Rev 5Yr
16.55%
Rev 10Yr
9.26%
Dil EPS 3Yr
-6.02%
Dil EPS 5Yr
-6.01%
Dil EPS 10Yr
-3.45%
Rev Fwd 2Yr
0.94%
EBITDA Fwd 2Yr
2.16%
EPS Fwd 2Yr
-1.67%
EPS LT Growth Est
2%
Dividends
Yield
—
Payout
86.51%
DPS
SGD 0.11
DPS Growth 3Yr
-0.09%
DPS Growth 5Yr
-1.46%
DPS Growth 10Yr
0.32%
DPS Growth Fwd 2Yr
1.84%