Capitaland India Trust (CY6U) AI Stock Analysis

• Market Cap: S$1.57B
• Dividend Yield: 6.18%
• Average Volume (3M): 2.02M
• Price to Earnings (P/E): 4.0
• Beta (1Y): 0.62
• Revenue Growth: 13.75%
• EPS Growth: 114.36%
• Country: SG
• Employees: 22
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.04
• Shares Outstanding: 1,353,788,500
• 10 Day Avg. Volume: 1,909,700
• 30 Day Avg. Volume: 2,018,943
• PEG Ratio: 0.02
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 5.15
• P/FCF Ratio: 9.31
• 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$1.35
• Price Target Upside: 16.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 77 Outperform
• Price Target: S$1.50 ▲(29.31% Upside)

Capitaland India Trust receives a strong overall score driven by its attractive valuation and positive technical indicators. The stock's low P/E ratio and high dividend yield make it appealing, while its technical momentum supports a bullish outlook. However, financial performance highlights some profitability and cash flow challenges, which slightly temper the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates robust demand for the trust's properties and effective management strategies, supporting long-term business stability.

Operational Efficiency

Strong margins reflect efficient operations and cost management, which can sustain profitability and competitive positioning over time.

Asset Management

Balanced leverage indicates prudent financial management, providing flexibility for future investments and growth opportunities.

Negative Factors

Profitability Challenges

Declining net profit margins suggest potential issues in maintaining profitability, which could impact long-term financial health.

Cash Flow Concerns

Challenges in cash flow generation could strain the trust's ability to fund operations and growth, affecting financial stability.

Cash Management

Inefficient cash management can limit the trust's ability to capitalize on investment opportunities and manage financial obligations effectively.

Capitaland India Trust Business Overview & Revenue Model

Company Description

CapitaLand India Trust (CY6U) is a real estate investment trust (REIT) that focuses on income-generating properties in India, primarily in the commercial and retail sectors. The trust is managed by CapitaLand India, part of the broader CapitaLand Group, which is one of Asia's largest diversified real estate groups. The portfolio includes office buildings, retail spaces, and logistics facilities, aimed at providing stable returns to its unitholders through strategic asset management and development.

How the Company Makes Money

CapitaLand India Trust generates revenue primarily through rental income from its properties, which include office spaces, retail centers, and logistics facilities. The trust leases these properties to various tenants, including multinational corporations, retail brands, and logistics firms, resulting in a steady cash flow. Additionally, the trust may benefit from property appreciation over time, enhancing its overall value. Key revenue streams include long-term leases and short-term rental agreements, which are structured to provide predictable income. The trust's performance is also bolstered by strategic partnerships and management expertise from CapitaLand Group, enabling efficient property management and development, further contributing to its earnings.

Capitaland India Trust Financial Statement Overview

Summary

Capitaland India Trust shows strong financial performance with significant revenue and net income growth. However, challenges in cash conversion and increased leverage are areas of concern. Overall, the financial health is solid with room for improvement.

Income Statement

Capitaland India Trust demonstrates strong revenue growth with a 18.76% increase from 2023 to 2024. Gross profit margin improved to 65.32%, indicating efficient cost management. However, the net profit margin surged to 157.93% due to significant net income, which may require further analysis given the absence of EBIT. EBITDA margin at 198.26% highlights strong operating performance, although EBIT is missing for 2024.

Balance Sheet

The company's debt-to-equity ratio rose to 0.95, indicating moderate leverage. Return on Equity (ROE) is robust at 23.63%, reflecting strong profitability. The equity ratio is stable at 41.44%, showing a solid equity base relative to total assets. Overall, the balance sheet is healthy, but increased debt levels could be a concern if not managed properly.

Cash Flow

Free cash flow decreased by 32.17% from 2023 to 2024, which could impact future investments. The operating cash flow to net income ratio is 0.39, suggesting a need for better cash conversion. The free cash flow to net income ratio is 0.35, indicating some challenges in converting income into cash flow, possibly due to increased capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	291.09M	277.88M	234.05M	210.61M	192.73M	191.67M
Gross Profit	215.66M	181.51M	160.25M	166.80M	155.74M	147.92M
EBITDA	187.35M	550.98M	169.00M	228.66M	194.05M	192.42M
Net Income	390.67M	438.77M	147.43M	137.40M	192.29M	130.72M
Balance Sheet
Total Assets	4.49B	4.48B	3.73B	3.22B	3.14B	2.65B
Cash, Cash Equivalents and Short-Term Investments	128.52M	134.62M	179.82M	167.40M	167.89M	101.13M
Total Debt	1.94B	1.76B	1.39B	1.24B	1.09B	817.06M
Total Liabilities	2.64B	2.51B	2.09B	1.84B	1.69B	1.33B
Stockholders Equity	1.74B	1.86B	1.54B	1.29B	1.36B	1.24B
Cash Flow
Free Cash Flow	161.44M	153.61M	226.51M	143.76M	146.35M	140.86M
Operating Cash Flow	165.74M	171.06M	245.04M	145.28M	147.58M	141.59M
Investing Cash Flow	-335.16M	-381.63M	-360.89M	-152.63M	-211.40M	-67.76M
Financing Cash Flow	230.97M	192.70M	128.69M	11.12M	130.19M	-48.57M

Capitaland India Trust Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:CY6U, the sentiment is Positive. The current price of 1.16 is below the 20-day moving average (MA) of 1.17, above the 50-day MA of 1.15, and above the 200-day MA of 1.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.51 is Neutral, neither overbought nor oversold. The STOCH value of 65.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:CY6U.

Capitaland India Trust Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CY6U	77 Outperform	S$1.57B	3.98	23.60%	6.18%	13.75%	114.36%
JYEU	73 Outperform	S$1.58B	29.26	2.88%	5.66%	-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%
ACV	62 Neutral	―	―	―	―	7.02%	-79.65%

Capitaland India Trust Corporate Events

CapitaLand India Trust Issues S$100 Million Perpetual Securities

CapitaLand India Trust Management Pte. Ltd., acting as Trustee-Manager for CapitaLand India Trust (CLINT), has announced the issuance of S$100,000,000 4.40% subordinated perpetual securities under its S$1,500,000,000 multicurrency debt issuance programme. The perpetual securities have received in-principle approval for listing and quotation on the Singapore Exchange Securities Trading Limited (SGX-ST) and are expected to be listed on or about 3 July 2025. This issuance marks a significant step in CLINT’s financial strategy, potentially enhancing its market position and providing flexibility in capital management.

The most recent analyst rating on (SG:CY6U) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Capitaland India Trust stock, see the SG:CY6U Stock Forecast page.

CapitaLand India Trust Prices S$100 Million Perpetual Securities

CapitaLand India Trust has announced the pricing of S$100 million 4.40% subordinated perpetual securities under its S$1.5 billion Multicurrency Debt Issuance Programme. The funds raised will be used to refinance existing borrowings, repay loans, and support business activities, acquisitions, and general working capital, potentially enhancing the trust’s financial flexibility and operational capacity.

The most recent analyst rating on (SG:CY6U) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Capitaland India Trust stock, see the SG:CY6U Stock Forecast page.

CapitaLand India Trust Convenes Annual General Meeting

CapitaLand India Trust held its Annual General Meeting at Marina Bay Sands Expo and Convention Centre in Singapore. The meeting was attended by unitholders, proxies, and the board of directors, discussing key management roles and the presence of significant stakeholders, reflecting the trust’s operational and strategic focus.

The most recent analyst rating on (SG:CY6U) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Capitaland India Trust stock, see the SG:CY6U Stock Forecast page.

CapitaLand India Trust Issues New Units for Base Fee Payment

CapitaLand India Trust Management Pte. Ltd., the Trustee-Manager of CapitaLand India Trust, announced the issuance of 2,279,757 new units to itself as part of the payment for the base fee for the first quarter of 2025. This issuance, which follows the stipulations of the Trust Deed, reflects the company’s operational strategy of balancing cash and unit payments, potentially impacting its liquidity and market positioning.