CDL Hospitality Trusts (J85) AI Stock Analysis

• Market Cap: S$995.81M
• Dividend Yield: 6.1%
• Average Volume (3M): 2.40M
• Price to Earnings (P/E): 75.0
• Beta (1Y): 0.95
• Revenue Growth: -2.96%
• EPS Growth: -101.38%
• Country: SG
• Employees: 4,319
• Sector: Real Estate
• Sector Strength: 48
• Industry: REIT - Hotel & Motel
• EPS (TTM): >-0.01
• Shares Outstanding: 1,268,549,100
• 10 Day Avg. Volume: 2,699,450
• 30 Day Avg. Volume: 2,396,076
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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$1.00
• Price Target Upside: 28.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 54 Neutral
• Price Target: S$1.00 ▲(28.21% Upside)

The overall stock score is primarily influenced by the company's stable revenue and strong balance sheet, despite challenges in profitability and cash flow. Technical indicators suggest mixed signals, with potential for recovery. The high dividend yield adds some appeal, but the negative P/E ratio is a significant concern.

Positive Factors

Asset Stabilisation

Management expects stronger performance from asset stabilisation, rate cuts, and tourism tailwinds.

Growth Outlook

The organic growth outlook remains strong, supporting a projected 10% two-year compound annual growth rate in distribution per unit due to the resumption of travel demand.

Valuation

Attractive valuations for a Singapore-focused hotel play, with a maintained BUY recommendation and a target price of SGD1.10.

Negative Factors

Currency and Interest Rates

Currency volatility and higher interest rates could impact financial projections.

Supply Overhang

Supply overhang in Singapore may lead to a larger-than-expected drop in revenue per available room in future years.

Tariff Hikes

Potential impact on Pullman Hotel Munich and Hotel Cerretani Firenze due to ongoing tariff hikes, affecting corporate demand and travelers from the US.

CDL Hospitality Trusts Business Overview & Revenue Model

Company Description

CDL Hospitality Trusts (J85) is a Singapore-based hospitality real estate investment trust that invests in a diversified portfolio of income-producing real estate assets used predominantly for hospitality purposes. The trust is structured as a stapled group comprising CDL Hospitality Real Estate Investment Trust (H-REIT) and CDL Hospitality Business Trust (HBT). It owns a portfolio of hotels and resorts across various countries, including Singapore, Australia, New Zealand, Japan, the United Kingdom, Germany, Italy, and the Maldives.

How the Company Makes Money

CDL Hospitality Trusts generates revenue primarily through the leasing of its properties to hotel operators, who pay rent based on long-term lease agreements. These agreements often include a variable component tied to the performance of the hotels, providing CDL Hospitality Trusts with a share of the earnings generated by these properties. Additionally, the trust may engage in asset enhancement initiatives to improve the value and profitability of its properties. Revenue is also derived from strategic acquisitions and partnerships that expand its portfolio and earnings base. The trust's performance is influenced by factors such as the overall health of the tourism and hospitality industry, macroeconomic conditions, and property market dynamics in the regions where it operates.

CDL Hospitality Trusts Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	335.24M	260.26M	257.56M	229.36M	157.72M	117.56M
Gross Profit	185.25M	135.22M	138.30M	123.72M	86.11M	69.33M
EBITDA	118.57M	98.16M	118.81M	221.96M	85.89M	-21.37M
Net Income	184.48M	14.37M	123.21M	215.28M	67.93M	-188.01M
Balance Sheet
Total Assets	1.77B	3.45B	3.30B	3.10B	2.92B	2.85B
Cash, Cash Equivalents and Short-Term Investments	12.01M	78.29M	72.00M	96.93M	139.46M	126.59M
Total Debt	0.00	1.48B	1.29B	1.21B	1.19B	1.12B
Total Liabilities	587.66M	1.61B	1.42B	1.31B	1.28B	1.23B
Stockholders Equity	1.18B	1.83B	1.88B	1.79B	1.64B	1.62B
Cash Flow
Free Cash Flow	123.03M	-47.74M	34.96M	60.53M	41.00M	-308.10M
Operating Cash Flow	136.96M	120.71M	123.77M	116.41M	62.53M	49.73M
Investing Cash Flow	-94.77M	-167.04M	-87.30M	-98.22M	-43.87M	81.95M
Financing Cash Flow	-35.84M	54.19M	-61.52M	-51.93M	-7.16M	-145.94M

CDL Hospitality Trusts Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.78
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:J85, the sentiment is Negative. The current price of 0.78 is below the 20-day moving average (MA) of 0.80, above the 50-day MA of 0.78, and below the 200-day MA of 0.79, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.23 is Neutral, neither overbought nor oversold. The STOCH value of 19.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:J85.

CDL Hospitality Trusts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
P40U	70 Outperform	$1.25B	11.45	6.62%	6.70%	0.70%	71.84%
Q5T	65 Neutral	S$1.19B	33.52	1.92%	7.40%	-3.65%	-69.86%
Sector *	65 Neutral	$2.03B	17.05	4.04%	5.06%	2.09%	0.28%
JYEU	64 Neutral	S$1.37B	25.81	2.88%	6.20%	-5.90%	-12.15%
ACV	62 Neutral	S$1.36B	75.00	1.45%	3.11%	7.02%	-79.65%
AU8U	57 Neutral	S$1.26B	1,208.33	0.04%	7.12%	-8.59%	-93.48%
J85	54 Neutral	S$995.81M	75.00	-0.10%	6.10%	-2.96%	-101.38%

CDL Hospitality Trusts Corporate Events

CDL Hospitality Trusts Issues Stapled Securities for Management Fees

CDL Hospitality Trusts has announced the issuance of 2,278,753 stapled securities as payment for 80% of the base management fees to its managers for the period from April to June 2025. This issuance, priced at S$0.7782 per security, reflects the market price based on recent trading activity and increases the total number of stapled securities to over 1.26 billion, potentially impacting the company’s market positioning and stakeholder interests.

The most recent analyst rating on (SG:J85) stock is a Hold with a S$0.90 price target. To see the full list of analyst forecasts on CDL Hospitality Trusts stock, see the SG:J85 Stock Forecast page.

CDL Hospitality Trusts Convenes Annual General Meetings

CDL Hospitality Trusts recently held its Annual General Meetings for the holders of units in its real estate and business trusts. The meetings, attended by key directors and management, were convened to discuss the company’s operations and strategic direction. The appointment of Mr. Eric Chan as Chairman reflects the company’s commitment to strong governance. The outcomes of these meetings are crucial for stakeholders as they influence the company’s future strategies and industry positioning.

The most recent analyst rating on (SG:J85) stock is a Buy with a S$1.25 price target. To see the full list of analyst forecasts on CDL Hospitality Trusts stock, see the SG:J85 Stock Forecast page.