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CapitaLand Ascendas REIT A17U.SI

SG · Singapore Exchange · XSES · stock · Real Estate · website

CapitaLand Ascendas REIT statistics & valuation

Market capS$12.2B
P / E15.6×
P / S7.9×
P / B1.1×
Net margin50.7%
Net debtS$7.7B
Enterprise value USD$15.6B
Earnings yield EBIT/EV4.8%
Return on capital5.5%
Graham number +18%S$2.88

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (S$2.88); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
56.20% 11.40% 50.20% 50.70% 2022202320242025
Gross margin (%)
71.60% 69.10% 68.90% 69.40% 2022202320242025
Operating margin (%)
64.20% 62.20% 62.50% 62.60% 2022202320242025
Return on equity (%)
7.40% 1.60% 7.40% 7.20% 2022202320242025
Shares outstanding
5.00B 5.00B 5.00B 5.00B 2022202320242025
Net debt (S$)
S$6.57B S$6.95B S$6.99B S$7.72B 2022202320242025
Share buybacks (S$)
2022202320242025
Return on assets (%)
4.30% 0.90% 4.20% 3.90% 2022202320242025
Free cash flow margin (%)
2022202320242025
Debt / equity (×)
0.66× 0.70× 0.69× 0.73× 2022202320242025
EPS (S$)
S$0.18 S$0.04 S$0.17 S$0.17 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CapitaLand Ascendas REIT trades at about 14.4× earnings — below its 10-year norm (10-year range 15.1×–79.1×, median 16.8×).

14.4× 79.1×

Shaded band = 10-year range (15.1×–79.1×); dot = today's 14.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin69.4%68.9%69.1%71.6%
Operating margin62.6%62.5%62.2%64.2%
Net margin50.7%50.2%11.4%56.2%
Return on assets3.9%4.2%0.9%4.3%
Return on equity7.2%7.4%1.6%7.4%
Debt / equity0.52×0.54×0.54×0.52×
Current ratio0.160.230.230.28

Computed from company filings · SG · as of 2025-12-31. Figures in SGD. Facts plus Stocktoria's own computed scores — not investment advice.