CapitaLand Ascott Trust
SGX:HMN
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (11.2), the stock would be worth S$1.04 (15% upside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 9.8 | S$0.91 |
0%
|
| 3-Year Average | 11.2 | S$1.04 |
+15%
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| 5-Year Average | 11.8 | S$1.09 |
+21%
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| Industry Average | 7.3 | S$0.68 |
-25%
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| Country Average | 9.8 | S$0.91 |
+1%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| SG |
|
CapitaLand Ascott Trust
SGX:HMN
|
3.5B SGD | 9.8 | 11.2 | |
| US |
|
Host Hotels & Resorts Inc
NASDAQ:HST
|
14.4B USD | 9.5 | 18.8 | |
| US |
|
Ryman Hospitality Properties Inc
NYSE:RHP
|
6.4B USD | 10.8 | 26.1 | |
| FR |
|
Covivio Hotels SCA
PAR:COVH
|
3.7B EUR | 11.9 | 12.1 | |
| US |
|
Apple Hospitality REIT Inc
NYSE:APLE
|
3.1B USD | 8.4 | 17.7 | |
| JP |
I
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Invincible Investment Corp
TSE:8963
|
478.7B JPY | 11.2 | 15.4 | |
| JP |
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Japan Hotel Reit Investment Corp
TSE:8985
|
470.2B JPY | 12 | 15 | |
| US |
|
Park Hotels & Resorts Inc
NYSE:PK
|
2.2B USD | 5.6 | -7.9 | |
| US |
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Diamondrock Hospitality Co
NYSE:DRH
|
2.1B USD | 8.5 | 22.7 | |
| US |
|
Sunstone Hotel Investors Inc
NYSE:SHO
|
1.8B USD | 10.1 | 222.7 | |
| US |
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Pebblebrook Hotel Trust
NYSE:PEB
|
1.6B USD | 6.3 | -14.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 6.4 |
| Median | 9.8 |
| 70th Percentile | 15.7 |
| Max | 1 304.2 |
Other Multiples
CapitaLand Ascott Trust
Glance View
CapitaLand Ascott Trust, a key player in the hospitality sector, stands at the intersection of real estate investment and global travel accommodation. Emerging under the expansive umbrella of CapitaLand Investment Limited, one of Asia’s largest diversified real estate groups, the trust has carved a distinct identity in the lodging business. Primarily, it focuses on serviced residences, rental housing properties, and hotels. With a strategic spread over numerous key financial and tourist hubs across the globe, the trust capitalizes on a diversified portfolio that includes well-known brands like Ascott, Citadines, and Somerset. Through these brands, the trust manages properties that cater to business executives and leisure travelers alike, ensuring consistent demand and balanced occupancy rates across different market conditions. The trust's revenue engine is fueled by a blend of stable and variable income streams derived from its portfolio. On one hand, it benefits from long-term leases with corporate clients, providing predictable and recurring revenue flow. On the other, it harnesses the dynamic pricing model of hotel operations to capture excess demand during peak travel seasons, thus optimizing profitability. By maintaining a finely balanced portfolio with properties in matured as well as emerging markets, CapitaLand Ascott Trust ensures a resilient financial performance. Through strategic asset enhancement initiatives and acquisitions, the trust seeks to maximize its returns and reinforce its market position in the global hospitality sector. This dual approach of optimizing existing assets while expanding its geographical footprint ensures that the trust remains a formidable player in a competitive industry landscape.