CapitaLand Ascott Trust
SGX:HMN

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CapitaLand Ascott Trust
SGX:HMN
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Price: 0.905 SGD -0.55% Market Closed
Market Cap: S$3.5B

P/OCF

9.8
Current
13%
Cheaper
vs 3-y average of 11.2

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
9.8
=
Market Cap
S$3.5B
/
Operating Cash Flow
S$355.6m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
9.8
=
Market Cap
S$3.5B
/
Operating Cash Flow
S$355.6m

Valuation Scenarios

CapitaLand Ascott Trust is trading below its 3-year average

If P/OCF returns to its 3-Year Average (11.2), the stock would be worth S$1.04 (15% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-25%
Maximum Upside
+21%
Average Upside
3%
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%
5-Year Average 11.8 S$1.09
+21%
Industry Average 7.3 S$0.68
-25%
Country Average 9.8 S$0.91
+1%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close

Market Distribution

In line with most companies in Singapore
Percentile
49th
Based on 510 companies
49th percentile
9.8
Low
0 — 6.4
Typical Range
6.4 — 15.7
High
15.7 —
Distribution Statistics
Singapore
Min 0
30th Percentile 6.4
Median 9.8
70th Percentile 15.7
Max 1 304.2

CapitaLand Ascott Trust
Glance View

Market Cap
3.5B SGD
Industry
Real Estate

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.

HMN Intrinsic Value
1.16 SGD
Undervaluation 22%
Intrinsic Value
Price S$0.905
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