City Developments Limited (SG:C09)
SGX:C09
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C09 Stock Chart & Stats
S$8.38
-S$0.04(-0.77%)
At close: 4:00 PM EST
S$8.38
-S$0.04(-0.77%)
Day’s Range― - ―
52-Week RangeS$4.77 - S$10.09
Previous CloseN/A
Volume1.25M
Average Volume (3M)1.80M
Market Cap
S$7.78B
Enterprise ValueS$20.28B
Total Cash (Recent Filing)S$2.06B
Total Debt (Recent Filing)S$14.67B
Price to Earnings (P/E)12.2
Beta0.90
Next Earnings
Aug 12, 2026EPS Estimate
0.28Next Dividend Ex-DateN/A
Dividend Yield1.23%
Share Statistics
EPS (TTM)0.70
Shares Outstanding909,301,330
10 Day Avg. Volume1,632,500
30 Day Avg. Volume1,799,860
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.75
Price to Sales (P/S)1.98
P/FCF Ratio-2.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
S$11.13Price Target Upside32.77% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.43
Revenue Forecast (FY)S$3.99B
Bulls Say, Bears Say
Bulls Say
Diversified Revenue StreamsCDL's mix of development, investment properties, asset management and hospitality creates steady diversification. This reduces reliance on any single cycle, allowing recurring rental and management fees to offset development volatility and support earnings durability over 2–6 months.
Recurring Income BaseA sizable investment-property and hotel portfolio provides recurring rental and operating cash inflows that are less cyclical than development sales. That recurring base underpins liquidity and supports capital recycling or JV activity, improving resilience through property cycles.
Improved Recent ProfitabilityThe lift in 2025 margins indicates management can extract higher returns when market conditions allow, reflecting pricing, cost control or project mix gains. Sustained execution at these margin levels would meaningfully boost cash generation and reinvestment capacity.
Bears Say
Weak Cash ConversionNegative operating and free cash flow despite accounting profits highlights working-capital swings and investment timing risks. This persistent cash conversion gap raises reliance on funding or asset sales, increasing liquidity and refinancing vulnerability over the medium term.
Meaningful LeverageElevated debt relative to equity reduces financial flexibility and heightens interest-rate and refinancing exposure. In a downturn or if cash conversion remains weak, the leverage level could constrain investment, capital recycling and dividend policy over coming quarters.
Volatile, Cyclical EarningsSharp swings in revenue and margins show earnings depend heavily on development cycles and one-off disposals. That transaction-driven profile makes forecasting cash flows and maintaining steady returns difficult, raising execution and timing risk across 2–6 months.
City Developments News
C09 FAQ
What was City Developments Limited’s price range in the past 12 months?
City Developments Limited lowest share price was S$4.77 and its highest was S$10.09 in the past 12 months.
What is City Developments Limited’s market cap?
City Developments Limited’s market cap is S$7.78B.
When is City Developments Limited’s upcoming earnings report date?
City Developments Limited’s upcoming earnings report date is Aug 12, 2026 which is in 73 days.
How were City Developments Limited’s earnings last quarter?
City Developments Limited released its earnings results on Feb 27, 2026. The company reported S$0.598 earnings per share for the quarter, beating the consensus estimate of S$0.26 by S$0.338.
Is City Developments Limited overvalued?
According to Wall Street analysts City Developments Limited’s price is currently Undervalued.
Does City Developments Limited pay dividends?
City Developments Limited pays a Notavailable dividend of S$0.03 which represents an annual dividend yield of 1.23%. See more information on City Developments Limited dividends here
What is City Developments Limited’s EPS estimate?
City Developments Limited’s EPS estimate is 0.28.
How many shares outstanding does City Developments Limited have?
City Developments Limited has 909,301,330 shares outstanding.
What happened to City Developments Limited’s price movement after its last earnings report?
City Developments Limited reported an EPS of S$0.598 in its last earnings report, beating expectations of S$0.26. Following the earnings report the stock price went down -3.463%.
Which hedge fund is a major shareholder of City Developments Limited?
Currently, no hedge funds are holding shares in SG:C09
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
City Developments Stock Smart Score
Outperform
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
S$11.13 (32.77% Upside)
S$11.13 (32.77% Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.06%
12-Months-Change
Fundamentals
Return on Equity
6.76%
Trailing 12-Months
Asset Growth
12.06%
Trailing 12-Months
Company Description
City Developments Limited
City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 103 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls. With a proven track record of over 55 years in real estate development, investment and management, CDL has developed over 43,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified global land bank offers 4.1 million square feet of developable gross floor area. The Group's London-based hotel arm, Millennium & Copthorne Hotels (M&C), is one of the world's largest hotel chains, with over 145 hotels worldwide, many in key gateway cities. Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and targets to achieve US$5 billion in Assets Under Management (AUM) by 2023.
C09 Stock 12 Month Forecast
Average Price Target
S$11.13
▲(32.77% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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