Ascott Residence (SG:HMN)
SGX:HMN
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Ascott Residence
(SGX:HMN)
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Rating:70Outperform
Price Target:
S$1.00
▲(13.64% Upside)
Action:ReiteratedDate:01/31/26
The score is primarily driven by solid profitability and an attractive valuation (moderate P/E and high dividend yield). Technicals are supportive with price above key moving averages and positive momentum indicators. Offsetting these positives are balance-sheet leverage and weaker, less reliable free cash flow generation in 2025.
Positive Factors
Revenue Growth
The significant revenue growth indicates strong demand for Ascott's serviced apartments, enhancing its market position and supporting long-term profitability.
Negative Factors
Debt Management
Rising debt levels may strain financial resources, limiting the company's ability to invest in growth opportunities and impacting long-term stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
The significant revenue growth indicates strong demand for Ascott's serviced apartments, enhancing its market position and supporting long-term profitability.
Read all positive factors
Ascott Residence (HMN) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$3.44B
Dividend Yield6.46%
Average Volume (3M)7.53M
Price to Earnings (P/E)11.1
Beta (1Y)0.58
Revenue Growth1.47%
EPS Growth-7.50%
CountrySG
Employees40,000
SectorReal Estate
Sector Strength53
IndustryREIT - Diversified
Share Statistics
EPS (TTM)0.06
Shares Outstanding3,846,356,400
10 Day Avg. Volume6,052,780
30 Day Avg. Volume7,530,943
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)0.81
Price to Sales (P/S)4.09
P/FCF Ratio26.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
S$1.19Price Target Upside35.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.05
Revenue Forecast (FY)S$819.11M
Ascott Residence Business Overview & Revenue Model
Company Description
Ascott Residence Trust (ART) is the largest hospitality trust in Asia Pacific with an asset value of S$7.2 billion as at 31 December 2020. Having listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, ART's objectiv...
How the Company Makes Money
Ascott Residence generates revenue primarily through the leasing and management of its serviced apartments. Key revenue streams include rental income from guests who stay for short or long durations, management fees from property owners for managi...
Ascott Residence Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
64
Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 821.60M | 891.64M | 809.52M | 744.56M | 621.24M | 394.41M |
| Gross Profit | 344.10M | 474.44M | 370.95M | 304.03M | 282.82M | 173.29M |
| EBITDA | 341.29M | 367.45M | 450.74M | 466.88M | 233.86M | 157.37M |
| Net Income | 240.54M | 327.61M | 241.18M | 231.25M | 223.31M | 309.32M |
Balance Sheet | ||||||
| Total Assets | 8.78B | 8.95B | 8.82B | 8.73B | 8.02B | 7.73B |
| Cash, Cash Equivalents and Short-Term Investments | 504.73M | 614.13M | 644.05M | 432.81M | 363.63M | 346.33M |
| Total Debt | 3.50B | 3.41B | 3.41B | 3.32B | 3.15B | 3.01B |
| Total Liabilities | 4.03B | 4.41B | 3.98B | 3.90B | 3.58B | 3.37B |
| Stockholders Equity | 4.68B | 4.47B | 4.77B | 4.75B | 4.36B | 4.29B |
Cash Flow | ||||||
| Free Cash Flow | 283.13M | 137.12M | 286.98M | 138.57M | 233.79M | 38.75M |
| Operating Cash Flow | 313.31M | 245.64M | 317.15M | 300.65M | 282.32M | 145.63M |
| Investing Cash Flow | -155.29M | -65.89M | 176.45M | -296.68M | -308.82M | -538.55M |
| Financing Cash Flow | -113.75M | -310.68M | -260.28M | 64.49M | 71.17M | 258.63M |
Ascott Residence Technical Analysis
Negative
0.88
Price Trends
0.94
Negative
0.92
Negative
0.89
Negative
Market Momentum
-0.01
Positive
35.43
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:HMN, the sentiment is Negative. The current price of 0.88 is below the 20-day moving average (MA) of 0.91, below the 50-day MA of 0.94, and below the 200-day MA of 0.89, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 35.43 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:HMN.
Ascott Residence Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | S$3.44B | 11.13 | 5.06% | 6.46% | 1.47% | -7.50% | |
70 Neutral | S$1.79B | 7.62 | 4.02% | 8.01% | -6.64% | -12.15% | |
69 Neutral | S$1.16B | 41.80 | 1.92% | 7.16% | -3.65% | -69.86% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
57 Neutral | S$1.04B | ― | -0.10% | 5.84% | -2.96% | -101.38% | |
57 Neutral | S$1.96B | 69.70 | -2.15% | 6.03% | -11.65% | -137.98% |
* Real Estate Sector Average
SG:HMN
Ascott Residence
0.90
0.08
9.82%
SG:J85
CDL Hospitality Trusts
0.82
0.04
5.43%
SG:JYEU
Lendlease Global Commercial REIT
0.54
0.06
12.97%
SG:Q5T
Far East Hospitality Trust
0.57
0.03
6.40%
SG:TS0U
OUE Commercial Real Estate Investment Trust
0.36
0.09
33.46%
Ascott Residence Corporate Events
CapitaLand Ascott REIT Tightens Loan Terms Linking S$70 Million Facility to Manager Stability
Jan 15, 2026
CapitaLand Ascott Trust Management Limited, as manager of CapitaLand Ascott Real Estate Investment Trust, has amended and restated an existing revolving credit facility agreement with United Overseas Bank Limited for up to S$70 million. Under the ...
CapitaLand Ascott Trust Secures S$46.97 Million Green Loan with Manager Continuity Conditions
Jan 12, 2026
CapitaLand Ascott Trust has entered into a new green term loan facility agreement of up to S$46.97 million with DBS Bank, with DBS Trustee Limited (as trustee of the REIT) as borrower. Under the terms of the facility, the REIT is subject to condit...
CapitaLand Ascott Trust Extends Hotel Management Term for The Cavendish London by Five Years
Dec 31, 2025
CapitaLand Ascott Trust has extended the initial term of its hotel management agreement for The Cavendish London with Ascott Hospitality Management (UK) Limited by an additional five years, following the completion of its 100% acquisition of the p...
CapitaLand Ascott Trust Announces Tax Ruling on Perpetual Securities
Nov 18, 2025
CapitaLand Ascott Trust Management Limited, managing CapitaLand Ascott Real Estate Investment Trust and CapitaLand Ascott Business Trust, announced a tax ruling related to their S$260 million 4.20% subordinated perpetual securities issued under th...
CapitaLand Ascott Trust Issues Stapled Securities for Fee Payment
Nov 7, 2025
CapitaLand Ascott Trust has announced the issuance of 5,008,177 stapled securities as partial payment of management fees for the period from July 1, 2025, to September 30, 2025. These securities were issued to Somerset Capital Pte Ltd, a subsidiar...
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.