Capitaland Investment Ltd
SGX:9CI

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Capitaland Investment Ltd
SGX:9CI
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Price: 2.85 SGD
Market Cap: S$14.8B

P/B

1.1
Current
8%
More Expensive
vs 3-y average of 1.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.1
=
Market Cap
S$13.8B
/
Total Equity
S$12.6B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.1
=
Market Cap
S$13.8B
/
Total Equity
S$12.6B

Valuation Scenarios

Capitaland Investment Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.1), the stock would be worth S$2.65 (7% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-34%
Maximum Upside
+8%
Average Downside
9%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.1 S$2.85
0%
3-Year Average 1.1 S$2.65
-7%
5-Year Average 1.1 S$2.75
-4%
Industry Average 0.7 S$1.87
-34%
Country Average 1.2 S$3.07
+8%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Singapore
Percentile
45th
Based on 580 companies
45th percentile
1.1
Low
0 — 0.8
Typical Range
0.8 — 1.9
High
1.9 —
Distribution Statistics
Singapore
Min 0
30th Percentile 0.8
Median 1.2
70th Percentile 1.9
Max 474.4

Capitaland Investment Ltd
Glance View

Amid Singapore's sprawling skyline and dynamic real estate landscape, Capitaland Investment Ltd (CLI) emerges not just as a mere player, but as a pivotal force reshaping urban spaces across continents. As a diversified investment management and real estate company, CLI masterfully blends the art of property management with financial acumen. The firm's journey is underscored by its strategic pivot from being a traditional developer to becoming a formidable asset-light entity, focusing primarily on driving sustainable value through real estate investment trusts (REITs) and fund management platforms. This transformation enables CLI to leverage its extensive portfolio, encompassing prime commercial, retail, and residential properties, while minimizing capital-intensive investments. Capitaland Investment Ltd generates revenue by skillfully managing two interconnected streams. The first is its asset management business, which includes fee income from managing assets and funds on behalf of institutional investors worldwide. Through its capital recycling strategy, CRM actively buys, enhances, and sells properties, strategically reinvesting in its diverse funds and REITs to optimize returns. Simultaneously, its lodging platform forms a significant part of its income model, tapping into the global demand for hospitality by providing serviced apartments and hotels under reputable brands like Ascott. This multifaceted approach not only anchors CLI in the ever-evolving real estate market but also empowers it to capture opportunities in the growing demand for sustainable urbanization solutions, ensuring its position as a leader in shaping tomorrow's global cities.

9CI Intrinsic Value
3.28 SGD
Undervaluation 13%
Intrinsic Value
Price S$2.85
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