Sasseur Real Estate Investment Trust (CRPU) AI Stock Analysis

• Market Cap: S$844.34M
• Dividend Yield: 8.74%
• Average Volume (3M): 1.75M
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.63
• Revenue Growth: 5.89%
• EPS Growth: 1.81%
• Country: SG
• Employees: 13
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.03
• Shares Outstanding: 1,260,201,800
• 10 Day Avg. Volume: 1,193,120
• 30 Day Avg. Volume: 1,747,076
• PEG Ratio: -1.39
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 6.84
• P/FCF Ratio: 7.45
• 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$0.88
• Price Target Upside: 29.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 73 Outperform
• Price Target: S$1.00 ▲(47.06% Upside)

The overall stock score of 73 reflects solid financial performance and attractive valuation, particularly the high dividend yield. However, technical indicators suggest a lack of strong momentum, and operational challenges indicated by declining revenue and cash flow efficiency need attention.

Positive Factors

Financial Stability

A strong equity ratio of 58% suggests that Sasseur REIT has a robust financial foundation, providing resilience against economic fluctuations and supporting long-term operational stability.

Profitability

High and stable profit margins indicate efficient operations and strong pricing power, which are crucial for sustaining long-term profitability and competitive advantage in the retail REIT sector.

Asset Quality

Investing in high-quality, strategically located retail properties ensures consistent foot traffic and tenant demand, supporting stable rental income and long-term asset appreciation.

Negative Factors

Revenue Decline

A decline in revenue can signal potential challenges in maintaining tenant occupancy or rental rates, which may affect future income stability and growth potential.

Cash Flow Efficiency

Decreased cash flow efficiency suggests potential issues in converting revenue into cash, which could impact the REIT's ability to fund operations and distributions effectively.

Stockholders' Equity

A declining stockholders' equity indicates potential erosion of asset value or increased liabilities, which may affect the trust's financial health and investor confidence over time.

Sasseur Real Estate Investment Trust Business Overview & Revenue Model

Company Description

Sasseur Real Estate Investment Trust (CRPU) is a Singapore-based real estate investment trust that focuses on the acquisition and management of income-generating real estate assets. Primarily, it invests in retail properties, particularly outlet malls, which cater to both local consumers and tourists. The trust aims to provide stable distributions to its unitholders by leveraging its strategic locations and brand partnerships to attract a diverse range of tenants, enhancing the overall shopping experience and driving foot traffic.

How the Company Makes Money

Sasseur Real Estate Investment Trust generates revenue primarily through rental income from its portfolio of retail properties, which includes outlet malls. The trust charges its tenants rent based on lease agreements, which can include base rent as well as percentage rents based on sales performance. Additional revenue streams may come from service charges and management fees associated with the maintenance and operation of the properties. The company's earnings are bolstered by its focus on high-quality, well-located assets that attract a consistent flow of visitors. Strategic partnerships with major brands and retailers also contribute to tenant stability and enhanced profitability. Furthermore, the trust may benefit from capital appreciation of its properties, which can positively impact its overall asset value and investor returns.

Sasseur Real Estate Investment Trust Financial Statement Overview

Summary

Solid profitability with strong margins and a healthy equity ratio. However, revenue decline and reduced operating cash flow efficiency indicate potential operational challenges.

Income Statement

The income statement shows a stable gross profit margin around 93% and a net profit margin of approximately 45%. However, there has been a slight decline in revenue from 2023 to 2024. EBIT margin has been strong historically, but is missing for 2024, indicating potential operational challenges.

Balance Sheet

The balance sheet reflects a solid equity base with an equity ratio of 58% for 2024, indicating financial stability. The debt-to-equity ratio is manageable at approximately 0.42. However, a decrease in stockholders' equity over the years suggests potential risks.

Cash Flow

Operating cash flow remains strong, but there is a notable decrease from 2023 to 2024. Free cash flow was stable in 2024, yet the operating cash flow to net income ratio has reduced compared to previous years, indicating less efficient cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	121.47M	123.73M	126.73M	125.93M	134.85M	125.25M
Gross Profit	113.17M	115.08M	118.39M	116.74M	123.43M	117.01M
EBITDA	0.00	93.33M	116.80M	115.80M	125.91M	118.45M
Net Income	63.20M	56.06M	62.42M	62.10M	122.86M	47.02M
Balance Sheet
Total Assets	1.65B	1.78B	1.75B	1.77B	1.99B	1.86B
Cash, Cash Equivalents and Short-Term Investments	128.59M	164.26M	131.20M	90.83M	152.42M	146.55M
Total Debt	424.01M	435.67M	432.64M	487.36M	510.57M	504.25M
Total Liabilities	669.41M	739.19M	728.07M	700.04M	780.63M	752.79M
Stockholders Equity	984.48M	1.04B	1.02B	1.07B	1.21B	1.11B
Cash Flow
Free Cash Flow	115.59M	113.63M	185.43M	63.05M	114.29M	88.40M
Operating Cash Flow	116.08M	114.49M	185.43M	66.82M	120.11M	93.09M
Investing Cash Flow	-704.00K	-865.00K	-532.00K	-3.77M	-5.82M	-4.69M
Financing Cash Flow	-92.60M	-82.22M	-144.55M	-115.41M	-113.94M	-93.27M

Sasseur Real Estate Investment Trust Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:CRPU, the sentiment is Positive. The current price of 0.68 is above the 20-day moving average (MA) of 0.68, above the 50-day MA of 0.68, and above the 200-day MA of 0.63, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.46 is Neutral, neither overbought nor oversold. The STOCH value of 88.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:CRPU.

Sasseur Real Estate Investment Trust Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CRPU	73 Outperform	S$844.34M	13.27	6.17%	8.74%	5.89%	1.81%
JYEU	70 Outperform	S$1.61B	29.72	2.88%	5.58%	-6.64%	-12.15%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
AU8U	63 Neutral	S$1.37B	1,316.67	0.04%	6.41%	-8.59%	-93.48%
TS0U	54 Neutral	S$1.90B	―	-2.15%	6.12%	-11.65%	-137.98%

Sasseur Real Estate Investment Trust Corporate Events

Sasseur REIT to Release Q3 2025 Updates

Sasseur Real Estate Investment Trust has announced that it will release its business and operational updates for the third quarter ending September 30, 2025, on November 13, 2025, before trading hours. This announcement may impact stakeholders as it provides insights into the company’s recent performance and future outlook, which could influence investor decisions and market positioning.

The most recent analyst rating on (SG:CRPU) stock is a Buy with a S$0.50 price target. To see the full list of analyst forecasts on Sasseur Real Estate Investment Trust stock, see the SG:CRPU Stock Forecast page.

Sasseur REIT Reports Robust Sales Growth at Anniversary Event

Sasseur REIT announced a strong sales performance of RMB233.9 million on the first day of its annual Anniversary Sales event across its four outlet malls in China, marking a significant year-on-year increase of over 30%. The Bishan and Kunming outlets showed exceptional growth of over 70%, highlighting the effectiveness of Sasseur’s retail strategy in boosting consumer demand and engagement.

The most recent analyst rating on (SG:CRPU) stock is a Buy with a S$0.90 price target. To see the full list of analyst forecasts on Sasseur Real Estate Investment Trust stock, see the SG:CRPU Stock Forecast page.

Sasseur REIT Announces CFO Resignation

Sasseur Real Estate Investment Trust has announced the resignation of its Chief Financial Officer, Mr. Xie Jianfeng, who is leaving for other business opportunities in China. In the interim, Ms. Jia Yali will oversee the finance functions until a new CFO is appointed. This change in leadership might impact the company’s financial management and strategic direction, and stakeholders will be informed once a new CFO is appointed.

The most recent analyst rating on (SG:CRPU) stock is a Buy with a S$0.90 price target. To see the full list of analyst forecasts on Sasseur Real Estate Investment Trust stock, see the SG:CRPU Stock Forecast page.

Sasseur REIT Issues Units for Management Fee Payment

Sasseur REIT has announced the issuance of 4,686,150 units at S$0.6335 per unit as part of the management fee for the first half of 2025. This move increases the manager’s holdings to 2.155% of the total issued units, reflecting a strategic choice to receive a significant portion of the fee in units rather than cash, which may impact the liquidity and market perception of the REIT.

The most recent analyst rating on (SG:CRPU) stock is a Buy with a S$0.90 price target. To see the full list of analyst forecasts on Sasseur Real Estate Investment Trust stock, see the SG:CRPU Stock Forecast page.

Sasseur REIT Appoints New CEO to Drive Growth

Sasseur Real Estate Investment Trust has announced the appointment of Mr. Cheng Hsing Yuen as the new Chief Executive Officer, effective October 29, 2025. Mr. Cheng, who has extensive experience in asset and property management, is expected to drive the continued growth and long-term success of the company with his strategic leadership and deep understanding of REIT operations.

The most recent analyst rating on (SG:CRPU) stock is a Buy with a S$0.85 price target. To see the full list of analyst forecasts on Sasseur Real Estate Investment Trust stock, see the SG:CRPU Stock Forecast page.