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CapitaLand Investment Limited (SG:9CI)
SGX:9CI
Singapore Market

CapitaLand Investment Limited (9CI) AI Stock Analysis

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SG:9CI

CapitaLand Investment Limited

(SGX:9CI)

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Neutral 57 (OpenAI - 4o)
Rating:57Neutral
Price Target:
S$2.50
▼(-7.06% Downside)
CapitaLand Investment Limited's overall stock score is primarily influenced by its strong financial performance, despite challenges in revenue and cash flow. Technical analysis indicates potential bearish momentum, and the stock appears overvalued based on its P/E ratio, though the dividend yield offers some appeal.
Positive Factors
European Expansion
The expansion into Europe with new properties in Vienna and Seville strengthens CapitaLand's footprint in a resilient market, enhancing brand equity and operational scale, which can lead to long-term revenue growth and market leadership in the region.
Self-Storage Expansion
Investing in self-storage facilities in Singapore and Tokyo aligns with urbanization and e-commerce trends, positioning CapitaLand to capture growing demand in key Asian markets, which supports sustainable revenue streams and diversification.
ESG Leadership
Strong ESG performance enhances CapitaLand's reputation and can lead to financial benefits like interest rate savings, supporting long-term sustainability and attractiveness to investors focused on responsible investment.
Negative Factors
Revenue Decline
A significant decline in revenue growth indicates challenges in maintaining sales momentum, which could impact long-term financial stability and necessitate strategic adjustments to reverse the trend.
Free Cash Flow Challenges
Declining free cash flow growth suggests potential liquidity issues, which could constrain the company's ability to invest in growth opportunities and manage debt, affecting long-term operational flexibility.
Debt Levels
While the debt-to-equity ratio has improved, maintaining high leverage can limit financial flexibility and increase vulnerability to economic downturns, impacting the company's ability to sustain growth.

CapitaLand Investment Limited (9CI) vs. iShares MSCI Singapore ETF (EWS)

CapitaLand Investment Limited Business Overview & Revenue Model

Company DescriptionCapitaLand 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 MoneyCapitaLand Investment generates revenue through multiple key streams, primarily from real estate investment, property management, and development activities. The company earns rental income from its extensive portfolio of properties, including shopping malls, office buildings, and residential units. Additionally, it benefits from property sales and development projects, where it develops residential and commercial properties for sale. The company also engages in real estate investment management, collecting management fees from funds it manages on behalf of institutional investors. Strategic partnerships with local and international developers, as well as joint ventures in various markets, further enhance its revenue potential. Market conditions, property valuations, and demand for real estate also play significant roles in influencing the company's earnings.

CapitaLand Investment Limited Financial Statement Overview

Summary
CapitaLand Investment Limited exhibits strong profitability and operational efficiency with healthy margins and improved leverage. However, challenges such as declining revenue and free cash flow growth need addressing to sustain long-term growth.
Income Statement
65
Positive
CapitaLand Investment Limited has shown fluctuating revenue growth with a significant decline of 21.69% in the most recent year. However, the company maintains a strong gross profit margin of 44.94% and a net profit margin of 17.02%, indicating efficient cost management and profitability. The EBIT and EBITDA margins are also robust at 45.51% and 50.48%, respectively, suggesting strong operational performance despite revenue challenges.
Balance Sheet
70
Positive
The company's debt-to-equity ratio has improved to 0.58, indicating a reduction in leverage compared to previous years. Return on equity stands at 3.54%, reflecting moderate profitability relative to shareholder equity. The equity ratio is stable, suggesting a balanced capital structure and financial stability.
Cash Flow
60
Neutral
CapitaLand Investment Limited experienced a decline in free cash flow growth by 28.26%, which could indicate potential liquidity challenges. However, the operating cash flow to net income ratio of 0.20 and a free cash flow to net income ratio of 0.97 demonstrate that the company generates sufficient cash relative to its net income, supporting its operational needs.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue3.28B2.81B2.78B2.88B2.29B1.98B
Gross Profit2.38B1.26B2.78B1.29B1.06B872.00M
EBITDA991.00M1.42B1.22B1.05B802.00M-33.00M
Net Income509.00M479.00M181.00M861.00M1.35B-559.00M
Balance Sheet
Total Assets23.98B24.71B34.13B35.11B37.65B38.22B
Cash, Cash Equivalents and Short-Term Investments1.36B2.31B2.46B2.67B3.88B1.74B
Total Debt8.19B7.90B12.72B12.77B13.95B14.99B
Total Liabilities10.51B10.30B15.90B16.18B17.55B22.49B
Stockholders Equity12.58B13.55B14.36B15.53B16.44B12.27B
Cash Flow
Free Cash Flow613.50M542.00M659.00M579.00M625.00M139.00M
Operating Cash Flow615.50M561.00M682.00M735.00M667.00M183.00M
Investing Cash Flow1.45B2.57B-187.00M-382.00M1.27B1.07B
Financing Cash Flow-3.19B-3.25B-637.00M-1.37B223.00M-972.00M

CapitaLand Investment Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.69
Price Trends
50DMA
2.65
Positive
100DMA
2.69
Positive
200DMA
2.63
Positive
Market Momentum
MACD
<0.01
Negative
RSI
62.50
Neutral
STOCH
91.16
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 2.69 is above the 20-day moving average (MA) of 2.64, above the 50-day MA of 2.65, and above the 200-day MA of 2.63, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.50 is Neutral, neither overbought nor oversold. The STOCH value of 91.16 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

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
S$5.35B13.4410.81%4.55%23.81%89.10%
72
Outperform
$4.66B21.934.49%5.29%10.82%-5.02%
71
Outperform
$17.89B17.336.41%5.26%0.17%8.05%
70
Outperform
S$7.39B17.023.80%2.06%18.74%-38.36%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
59
Neutral
S$6.63B31.253.18%5.83%-1.81%-18.43%
57
Neutral
S$13.78B30.853.35%4.44%-11.37%171.65%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:9CI
CapitaLand Investment Limited
2.70
0.27
11.11%
SG:C38U
CapitaLand Mall
2.36
0.52
28.33%
SG:J69U
Frasers Centrepoint
2.31
0.32
15.91%
SG:AJBU
Keppel DC REIT
2.21
0.10
4.94%
SG:M44U
Mapletree Logistics
1.30
0.11
8.97%
SG:U14
UOL Group
8.72
3.71
74.05%

CapitaLand Investment Limited Corporate Events

CapitaLand Investment Partners on Johor Bahru’s Largest Retail Landmark
Nov 24, 2025

CapitaLand Investment Limited has partnered with Coronade Properties to develop the Coronation Square Mall in Johor Bahru City Centre, marking a significant cross-border retail collaboration in the Johor-Singapore Special Economic Zone. This development, strategically located in the Ibrahim International Business District, is expected to enhance the retail landscape and strengthen economic ties between the regions.

CapitaLand Investment Explores Retail Insights with J.P. Morgan
Nov 17, 2025

CapitaLand Investment Limited hosted a fireside chat with J.P. Morgan, focusing on insights into the retail scene. The discussion, led by Ervin Yeo, Group Chief Strategy Officer and CEO of Commercial Management, aimed to explore beyond mere pricing strategies, potentially impacting the company’s strategic positioning in the retail industry.

Ascott Sets New Benchmark with Disability Inclusion Playbook
Nov 14, 2025

The Ascott Limited has launched a pioneering Disability Inclusion Playbook for the accommodation sector, setting a new standard for inclusive hospitality. Developed in collaboration with disability inclusion specialists and supported by organizations like SG Enable and the World Sustainable Hospitality Alliance, the playbook offers a comprehensive framework across five key pillars to help hospitality operators embrace disability inclusion. As part of its commitments, Ascott will implement standardized accessibility profiles and disability awareness training, and begin reporting on the hiring of persons with disabilities starting in 2026, aiming to foster a more inclusive environment for both guests and employees.

CapitaLand Investment Surpasses Fundraising Target with CLARA II
Nov 5, 2025

CapitaLand Investment Limited has successfully closed its CapitaLand Ascott Residence Asia Fund II, raising over US$650 million, exceeding its initial target. This achievement highlights investor confidence in CLI’s capabilities and the growth potential of the living and lodging sector, driven by trends such as increased mobility and demand for flexible living arrangements.

CapitaLand Investment Addresses Merger Speculation
Nov 3, 2025

CapitaLand Investment Limited addressed media reports about a potential merger with Mapletree Investments, emphasizing its commitment to long-term shareholder value. The company clarified that it regularly evaluates investment opportunities but does not comment on market speculation, ensuring any necessary disclosures are made in compliance with SGX-ST regulations.

Ascott Expands European Presence with New Signings in Vienna and Seville
Oct 17, 2025

The Ascott Limited has announced the signing of seven new properties in Vienna and Seville, significantly expanding its European footprint to 64 properties with nearly 8,500 units across 26 cities. This expansion is part of Ascott’s strategy to capitalize on Europe’s resilient hospitality market, leveraging franchise and management agreements to efficiently scale its operations while enhancing brand equity. The new signings include five properties in Vienna, deepening Ascott’s partnership with VIE Trust Real Estate Group, and mark the debut of the Somerset and lyf brands in Seville as part of a major resort development. Ascott’s growth in Europe is driven by increasing demand from property owners and investors for reliable operators with global reach and robust brand architecture.

CapitaLand Investment Expands Self-Storage Portfolio in Asia
Oct 16, 2025

CapitaLand Investment Limited’s Extra Space Asia is expanding its self-storage footprint with significant investments in Singapore and Tokyo. The company is investing nearly S$100 million in a flagship self-storage facility in Singapore and acquiring three facilities in Tokyo, marking a strategic expansion in key Asian markets. This expansion is part of CLI’s strategy to leverage its fund management capabilities and capture growth opportunities in the Asia Pacific region, driven by urbanization and e-commerce trends.

CapitaLand Investment Strengthens ESG Leadership in 2025 GRESB Assessment
Oct 13, 2025

CapitaLand Investment Limited and its associated funds have demonstrated significant leadership in ESG practices, as evidenced by their strong performance in the 2025 GRESB Real Estate Assessment. Several of its listed REITs and private funds maintained or improved their GRESB ratings, with some achieving 5-star ratings for the first time. This performance not only highlights CLI’s commitment to sustainability but also results in financial benefits such as interest rate savings on sustainability-linked loans.

CapitaLand Investment Limited Schedules Q3 2025 Financial Announcements
Oct 8, 2025

CapitaLand Investment Limited has announced the schedule for its third-quarter 2025 business updates and unaudited financial results for itself and its listed funds. The announcements, which will occur between October 22 and November 6, 2025, are crucial for stakeholders as they provide insights into the company’s financial health and strategic direction. These updates will likely impact investor perceptions and market positioning, given the company’s significant presence in the real estate sector.

CapitaLand and SC Capital Partners Launch Fund to Boost Saudi Industrial Hubs
Sep 30, 2025

SC Capital Partners and CapitaLand Investment Limited have launched the SC GCC Real Estate Industrial Development Fund (GRID) to support Saudi Arabia’s Vision 2030. The fund aims to develop modern industrial hubs in key locations such as The Eastern Province, Greater Riyadh, and Jeddah, driving economic transformation and attracting global investment. This initiative aligns with Saudi Arabia’s national strategies to reshape its industrial and logistics sectors, creating demand for advanced manufacturing and sustainable industrial parks. The collaboration combines institutional investment expertise with on-the-ground development capabilities, positioning the partners to capitalize on the GCC region’s growing importance in the global supply chain.

SC Capital Partners and CapitaLand Launch Landmark UAE Industrial Fund
Sep 30, 2025

SC Capital Partners, in collaboration with CapitaLand Investment Limited, has launched the SC GCC Real Estate Industrial Development Fund, marking its first co-sponsored industrial development initiative in the UAE. The fund’s inaugural project in Ras Al Khaimah aims to create 1,800 jobs and host over 50 tenants within a 300,000 sqm industrial park, positioning the Emirate as a hub for advanced industries amid the UAE’s growing industrial and logistics sectors.

CapitaLand Investment Expands in China with Landmark C-REIT Listing
Sep 29, 2025

CapitaLand Investment Limited (CLI) has successfully listed CapitaLand Commercial C-REIT (CLCR) on the Shanghai Stock Exchange, marking China’s first international-sponsored retail C-REIT. This listing strengthens CLI’s position as Asia Pacific’s largest REIT manager by market capitalization and expands its REIT management platform into China. CLCR’s IPO exceeded expectations, raising RMB2.29 billion, with a forecast distribution yield of 4.40% for FY 2025. Additionally, CLI has closed the first sub-fund under its CLI RMB Master Fund, acquiring its first asset and planning further expansion with a second sub-fund focused on retail assets. CLI’s strategic moves indicate significant growth opportunities in China’s real estate market.

CapitaLand India Trust Announces Divestment of IT Assets in Chennai and Hyderabad
Sep 25, 2025

CapitaLand India Trust, through its subsidiary Ascendas Property Fund (India) Private Limited, has entered into an agreement to divest its 100% interest in Cyber Pearl Information Technology Park Private Limited. This divestment involves two assets: CyberVale IT SEZ in Chennai and CyberPearl IT Park in Hyderabad, totaling approximately 1.4 million square feet. The transaction is valued at INR 9,502 million and reflects the company’s strategic move to optimize its portfolio and potentially reallocate resources to other growth opportunities, impacting its operational focus and market positioning.

Ascott’s Citadines Brand Surpasses 200 Global Properties
Sep 24, 2025

Ascott’s Citadines brand has surpassed 200 properties globally, achieving significant growth through rapid conversions and geographical diversification. The brand’s expansion includes entering 18 new cities, with a focus on high-potential tier-2 and tier-3 markets, and has been driven by a strong franchise model and a global brand campaign. This growth highlights Citadines’ leadership in the upper-midscale segment and its ability to quickly transform existing properties, as evidenced by recent swift conversions in locations like Jakarta and Liverpool. The franchise model, particularly in China, is expected to further drive the brand’s global expansion.

CapitaLand’s C-REIT IPO Sets Record, Strengthens Asia Pacific REIT Leadership
Sep 12, 2025

CapitaLand Commercial C-REIT (CLCR) has set a record with its initial public offering (IPO) in China, achieving 254.5 times subscription coverage from offline institutional investors, marking the highest among retail C-REITs. The IPO, which raised RMB2.29 billion, is part of CLI’s strategy to expand its REIT management platform into China and enhance its capital recycling strategy. This move is expected to strengthen CLI’s position as Asia Pacific’s largest REIT manager, providing both domestic and international investors access to quality assets in China.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 31, 2025