Market Closed -
Singapore S.E.
05:04:34 2024-06-06 am EDT
|
5-day change
|
1st Jan Change
|
2.66
SGD
|
0.00%
|
|
+0.76%
|
-12.21%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
10,730
|
11,982
|
12,384
|
11,519
|
13,313
|
11,687
|
-
|
-
|
Enterprise Value (EV)
1 |
15,863
|
16,996
|
18,704
|
18,091
|
20,258
|
18,402
|
18,572
|
18,665
|
P/E ratio
|
25.4
x
|
24.7
x
|
12.8
x
|
15.3
x
|
77.2
x
|
17.8
x
|
17.3
x
|
16.6
x
|
Yield
|
3.87%
|
4.93%
|
5.17%
|
5.77%
|
5%
|
5.67%
|
5.92%
|
6.15%
|
Capitalization / Revenue
|
15.3
x
|
11.4
x
|
10.1
x
|
8.52
x
|
9
x
|
7.8
x
|
7.59
x
|
7.32
x
|
EV / Revenue
|
22.7
x
|
16.2
x
|
15.3
x
|
13.4
x
|
13.7
x
|
12.3
x
|
12.1
x
|
11.7
x
|
EV / EBITDA
|
32.6
x
|
24.3
x
|
22.8
x
|
20.8
x
|
22
x
|
19
x
|
18.7
x
|
18.3
x
|
EV / FCF
|
-14.9
x
|
25.9
x
|
30.5
x
|
20.3
x
|
25.8
x
|
22.1
x
|
21.6
x
|
20.4
x
|
FCF Yield
|
-6.72%
|
3.85%
|
3.27%
|
4.93%
|
3.88%
|
4.53%
|
4.63%
|
4.91%
|
Price to Book
|
1.38
x
|
1.35
x
|
1.24
x
|
1.16
x
|
1.34
x
|
1.17
x
|
1.16
x
|
1.15
x
|
Nbr of stocks (in thousands)
|
3,612,694
|
4,020,842
|
4,197,930
|
4,203,991
|
4,393,607
|
4,393,607
|
-
|
-
|
Reference price
2 |
2.970
|
2.980
|
2.950
|
2.740
|
3.030
|
2.660
|
2.660
|
2.660
|
Announcement Date
|
1/31/20
|
2/2/21
|
2/8/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
699.1
|
1,049
|
1,226
|
1,353
|
1,480
|
1,499
|
1,540
|
1,597
|
EBITDA
1 |
487.3
|
699
|
819.9
|
868
|
920.4
|
968.6
|
990.6
|
1,022
|
EBIT
1 |
487.3
|
699
|
819.9
|
868
|
920.4
|
959.2
|
980.2
|
1,010
|
Operating Margin
|
69.72%
|
66.6%
|
66.85%
|
64.17%
|
62.2%
|
64.01%
|
63.66%
|
63.26%
|
Earnings before Tax (EBT)
1 |
408.5
|
494.2
|
1,044
|
844.8
|
172.2
|
681.1
|
693.6
|
728
|
Net income
1 |
387.9
|
457.1
|
957
|
760.4
|
178.5
|
647.8
|
661.6
|
701.8
|
Net margin
|
55.48%
|
43.55%
|
78.03%
|
56.21%
|
12.06%
|
43.23%
|
42.96%
|
43.95%
|
EPS
2 |
0.1168
|
0.1206
|
0.2297
|
0.1789
|
0.0393
|
0.1492
|
0.1538
|
0.1602
|
Free Cash Flow
1 |
-1,066
|
655
|
612.3
|
892.1
|
785.1
|
833.5
|
860.5
|
916.1
|
FCF margin
|
-152.55%
|
62.41%
|
49.92%
|
65.95%
|
53.05%
|
55.62%
|
55.88%
|
57.37%
|
FCF Conversion (EBITDA)
|
-
|
93.71%
|
74.68%
|
102.78%
|
85.3%
|
86.05%
|
86.86%
|
89.64%
|
FCF Conversion (Net income)
|
-
|
143.3%
|
63.98%
|
117.32%
|
439.88%
|
128.66%
|
130.07%
|
130.53%
|
Dividend per Share
2 |
0.1149
|
0.1469
|
0.1526
|
0.1580
|
0.1516
|
0.1509
|
0.1574
|
0.1637
|
Announcement Date
|
1/31/20
|
2/2/21
|
2/8/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 Q1
|
2024 S1
|
2024 S2
|
---|
Net sales
|
-
|
528.2
|
586
|
640.5
|
666.5
|
686.2
|
718.1
|
761.7
|
-
|
748.6
|
748.6
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
399.9
|
420
|
426
|
442
|
457.1
|
463.3
|
-
|
469.5
|
469.5
|
Operating Margin
|
-
|
-
|
68.24%
|
65.57%
|
63.91%
|
64.41%
|
63.65%
|
60.83%
|
-
|
62.72%
|
62.72%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
279
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
24,936
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
0.0752
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
0.0742
|
0.0766
|
-
|
0.0787
|
-
|
0.0772
|
-
|
-
|
-
|
-
|
Announcement Date
|
7/23/20
|
2/2/21
|
8/2/21
|
2/8/22
|
8/2/22
|
2/2/23
|
7/31/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
5,134
|
5,014
|
6,320
|
6,572
|
6,946
|
6,715
|
6,885
|
6,978
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
10.53
x
|
7.173
x
|
7.709
x
|
7.572
x
|
7.546
x
|
6.933
x
|
6.951
x
|
6.828
x
|
Free Cash Flow
1 |
-1,066
|
655
|
612
|
892
|
785
|
833
|
860
|
916
|
ROE (net income / shareholders' equity)
|
5.37%
|
5.28%
|
9.83%
|
7.4%
|
6.95%
|
6.46%
|
6.65%
|
6.99%
|
ROA (Net income/ Total Assets)
|
3.07%
|
3.15%
|
5.83%
|
4.27%
|
3.94%
|
4.27%
|
4.51%
|
4.89%
|
Assets
1 |
12,639
|
14,494
|
16,427
|
17,803
|
4,533
|
15,182
|
14,674
|
14,353
|
Book Value Per Share
2 |
2.160
|
2.210
|
2.380
|
2.370
|
2.260
|
2.280
|
2.290
|
2.320
|
Cash Flow per Share
2 |
-
|
0.2000
|
0.1800
|
0.2400
|
0.2200
|
0.1900
|
0.1900
|
0.2200
|
Capex
1 |
71
|
74.5
|
114
|
192
|
188
|
103
|
85.5
|
50.7
|
Capex / Sales
|
10.15%
|
7.1%
|
9.33%
|
14.23%
|
12.71%
|
6.88%
|
5.56%
|
3.17%
|
Announcement Date
|
1/31/20
|
2/2/21
|
2/8/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Last Close Price
2.66
SGD Average target price
3.092
SGD Spread / Average Target +16.25% Consensus |
1st Jan change
|
Capi.
|
---|
| -12.21% | 8.67B | | -5.90% | 47.05B | | -8.24% | 20.34B | | +4.85% | 16B | | +20.20% | 12.23B | | -3.40% | 9.94B | | -1.28% | 8.44B | | +9.56% | 8.38B | | +11.03% | 5.69B | | -21.20% | 5.24B |
Other Commercial REITs
|