CapitaLand Investment Limited (9CI) AI Stock Analysis

• Market Cap: S$14.49B
• Dividend Yield: 4.24%
• Average Volume (3M): 8.85M
• Price to Earnings (P/E): 29.7
• Beta (1Y): 1.03
• Revenue Growth: 0.86%
• EPS Growth: 169.12%
• Country: SG
• Employees: 10,000
• Sector: Real Estate
• Sector Strength: 57
• Industry: Real Estate - Services
• EPS (TTM): 0.03
• Shares Outstanding: 5,203,196,000
• 10 Day Avg. Volume: 8,510,034
• 30 Day Avg. Volume: 8,846,079
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: S$3.71
• Price Target Upside: 31.10% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 58 Neutral
• Price Target: S$3.00 ▲(6.01%Upside)

CapitaLand Investment Limited's overall score is driven by solid financial performance and bullish technical momentum. However, high valuation and overbought technical indicators present risks. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Dividend Policy

CLI's guidance for a higher dividend payout ratio of 50% signals strong belief in its cash generation.

Financial Performance

Analyst recommends maintaining a BUY rating due to CLI's robust and growing recurring fee income stream and asset-light strategy, enhancing resilience amid macroeconomic uncertainty.

Negative Factors

Geopolitical Tensions

Event-driven fees remain under pressure due to heightened geopolitical tensions, leading to slower investment decision-making.

Real Estate Market

Downside risks include a dampened real estate outlook and prolonged high interest rates that could affect capital recycling and investment returns.

CapitaLand Investment Limited Business Overview & Revenue Model

Company Description

CapitaLand Investment Limited is a real estate investment manager of CapitaLand Group. Its diversified real estate asset classes cover integrated developments, retail, office, lodging and new economy sectors such as business parks, industrial, logistics and data centers. We invest primarily in China and India along with Asia-Pacific, Europe, and the USA. CapitaLand Investment Limited was founded in 2002 and is headquartered in Singapore.

How the Company Makes Money

CapitaLand Investment Limited generates revenue primarily through its fee-based asset-light business model. The company earns management fees from its real estate investment management services, which include managing funds and properties for private and public investors. Additionally, CapitaLand Investment Limited derives income from rental revenue and property development activities. The firm also benefits from strategic partnerships with global investors and institutional clients, which enhance its ability to manage a diversified and high-quality portfolio, contributing significantly to its earnings.

CapitaLand Investment Limited Financial Statement Overview

Summary

CapitaLand Investment Limited shows solid financial performance with strong profitability, improved profit margins, and reduced leverage. However, a decline in EBIT and free cash flow growth slightly dampens the outlook.

Income Statement

CapitaLand Investment Limited demonstrates a solid income statement with a healthy gross profit margin of 44.9% and an improving net profit margin of 17% in 2024, up from 6.5% in 2023. The revenue growth rate is modest at 1.1% compared to the previous year. The EBIT and EBITDA margins remain strong at 23.5% and 50.5% respectively, indicating effective cost control and operational efficiency. However, there is a notable decline in EBIT from 2023 to 2024, which slightly dampens the overall strength.

Balance Sheet

The balance sheet shows a stable equity position with an equity ratio of 54.8%. The debt-to-equity ratio improved significantly to 0.58 in 2024, reflecting reduced leverage and better financial health. ROE is relatively strong at 3.5%, though it has room for improvement. The company's total assets decreased compared to previous years, indicating a potential strategic shift or asset divestment.

Cash Flow

The cash flow statement highlights a robust free cash flow generation with a slight decline in free cash flow growth to -17.7% in 2024 from 2023. Operating cash flow remains healthy with an operating cash flow to net income ratio of 1.17, showcasing effective cash conversion. The free cash flow to net income ratio is 1.13, indicating good cash flow management. However, there is a decrease in operating cash flow compared to previous years.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

CapitaLand Investment Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.83
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:9CI, the sentiment is Positive. The current price of 2.83 is above the 20-day moving average (MA) of 2.75, above the 50-day MA of 2.63, and above the 200-day MA of 2.52, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 74.28 is Negative, neither overbought nor oversold. The STOCH value of 82.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:9CI.

CapitaLand Investment Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9CI	58 Neutral	S$14.49B	29.70	3.48%	4.24%	0.86%	169.12%
Sector *	54 Neutral	$1.24B	3.84	0.67%	6.03%	-2.39%	-129.28%
CPAMF	―	$12.58B	17.09	6.32%	4.79%	―	―
FRZCF	―	$3.48B	20.25	5.08%	5.46%	―	―
KPDCF	―	$4.08B	14.66	10.81%	1.32%	―	―
MAPGF	―	$4.73B	29.85	2.72%	5.25%	―	―
UOLGF	―	$4.55B	16.55	3.19%	0.59%	―	―

CapitaLand Investment Limited Corporate Events

CapitaLand Ascott Trust Reports 6% Profit Growth and Announces Asset Enhancements

CapitaLand Ascott Trust reported a 6% increase in gross profit for the first half of 2025, reaching S$182.5 million, driven by stronger operating performance and strategic asset enhancement initiatives. The company also announced plans to enhance three additional properties to boost profitability and asset value, maintaining stable core distributions and demonstrating resilience despite global uncertainties. This growth is supported by a diversified portfolio and a strategy of reconstituting and enhancing assets to deliver sustainable returns to stakeholders.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

CapitaLand Investment’s 2024 Sustainability Report Highlights Decarbonisation Efforts

CapitaLand Investment has released its 16th Global Sustainability Report, highlighting its commitment to sustainability and decarbonisation. The report introduces a new ‘Return on Sustainability’ model to evaluate the financial returns of green investments and showcases CLI’s progress in renewable energy usage, green leases, and sustainable finance. Notable achievements include a rise in renewable energy usage to 7.3% across its portfolio, a 17% growth in green leases, and over S$4.3 billion raised in sustainable finance. CLI also emphasizes gender diversity with 30% women on its board and 37% in senior management. Since 2019, the company has reduced energy consumption intensity by 11% and achieved significant green building certifications.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

CapitaLand China Trust to Participate in CapitaLand Commercial C-REIT Listing

CapitaLand China Trust has announced its proposed participation in the establishment and listing of CapitaLand Commercial C-REIT on the Shanghai Stock Exchange. This involves the divestment of its equity interest in CapitaMalls Hunan Commercial Property Co., Ltd. and a subscription for 5% of the IPO units, indicating a strategic move to enhance its investment portfolio and presence in the Chinese market.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

CapitaLand Investment Expands Fund with Tokyo Asset Acquisition

CapitaLand Investment Limited has secured additional capital commitments for its CapitaLand Ascott Residence Asia Fund II (CLARA II), reflecting strong investor interest in repositioning underutilized assets into high-performing living assets in key Asia Pacific cities. The fund, along with its co-investors, has acquired a prime mixed-use asset in Tokyo for over JPY30 billion, increasing CLI’s funds under management by approximately S$470 million. This acquisition is part of CLI’s strategy to capitalize on market opportunities in the hospitality sector, leveraging its expertise and brand reputation to enhance asset value and deliver attractive yields.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

CapitaLand Malaysia Trust Announces Strategic Unit Placement to Raise RM250 Million

CapitaLand Malaysia Trust (CLMT) has announced a proposed placement of up to 435.4 million new units, representing approximately 14.9% of the total units in issue, to raise up to RM250 million. This move is part of a strategic effort to enhance liquidity and strengthen its capital base, with the new units being allotted to existing stakeholders such as CMMT Investment Limited, Menang Investment Limited, and institutional investors like the Employees Provident Fund Board. The placement is conducted under the authority granted by the unitholders and aligns with the company’s broader financial strategy to optimize its market position.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

Ascott Expands The Crest Collection into East Asia and Middle East

The Ascott Limited is expanding its luxury brand, The Crest Collection, into East Asia and the Middle East, adding new locations in Japan, China, the UAE, and Saudi Arabia. This expansion includes the brand’s first resort and aims to meet the growing demand for heritage-rich luxury stays. The expansion adds over 1,200 units to its portfolio, which now includes 16 properties across 11 countries. The brand’s growth is part of a broader strategy to diversify the Ascott Star Rewards portfolio, offering more luxury options to its members.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

CapitaLand Ascendas REIT Announces Strategic Property Acquisitions in Singapore

CapitaLand Ascendas REIT Management Limited (CLARML), managing CapitaLand Ascendas Real Estate Investment Trust (CLAR), announced plans to acquire two properties in Singapore: a data center at 9 Tai Seng Drive and a business space at 5 Science Park Drive. These acquisitions, expected to complete in the second half of 2025, signify CLAR’s strategic expansion in the data center and business space sectors, potentially enhancing its portfolio and market position.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

CapitaLand Investment Limited Holds Annual General Meeting

CapitaLand Investment Limited recently held its Annual General Meeting at Marina Bay Sands Expo and Convention Centre in Singapore. The meeting was attended by the company’s board of directors and key management personnel. This gathering is significant for stakeholders as it provides insights into the company’s strategic direction and operational focus, reinforcing its commitment to sustainability and risk management in its business practices.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

CapitaLand Investment Launches First Onshore Master Fund in China

CapitaLand Investment Limited has launched its first onshore master fund in China, the CLI RMB Master Fund, with a total equity commitment of RMB5 billion. Partnering with a major domestic insurance company, the fund aims to invest in high-quality, income-producing assets across Tier one and top Tier two cities. This strategic move is expected to contribute significantly to CLI’s funds under management and attract more domestic investors, particularly insurance firms, to its sub-funds. The initiative aligns with the rising trend of insurance companies increasing their capital allocation to real estate in China, offering them opportunities to invest in a diversified and resilient portfolio.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

Ascott Limited Launches Talent Development Programs to Fuel Global Expansion

The Ascott Limited is enhancing its talent development initiatives to support the opening of over 300 new properties by 2028, which will create more than 12,000 new jobs. The company has launched ‘Ascott Accelerate,’ a program aimed at fast-tracking high-potential talent into leadership roles, alongside a new digital learning platform. These initiatives are part of the Ascott Global Academy for Excellence, which aims to build a future-ready workforce and achieve over S$500 million in fee-related earnings by 2028. Ascott’s growth strategy includes expanding its portfolio beyond serviced residences to include various accommodation types, reinforcing its position as a preferred hospitality company.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.