Suntec Real Estate Investment (T82U) AI Stock Analysis

• Market Cap: $3.85B
• Dividend Yield: 4.85%
• Average Volume (3M): 6.70M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: 0.01%
• EPS Growth: -110.22%
• Country: SG
• Employees: 1,300
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): N/A
• Shares Outstanding: 2,941,902,300
• 10 Day Avg. Volume: 5,731,840
• 30 Day Avg. Volume: 6,695,019
• PEG Ratio: 0.00
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 7.31
• P/FCF Ratio: 13.98
• Enterprise Value/Market Cap: 2.00
• Enterprise Value/Revenue: 13.92
• Enterprise Value/Gross Profit: 22.31
• Enterprise Value/Ebitda: 23.15
• 1Y Price Target: $1.37
• Price Target Upside: 2.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 67 Neutral
• Price Target: S$1.50 ▲(11.94% Upside)

Suntec Real Estate Investment's overall stock score is driven by strong financial performance in terms of revenue growth and operational efficiency. Technical analysis indicates positive momentum, although caution is advised due to overbought signals. Valuation is impacted by profitability challenges, but the dividend yield offers some appeal.

Positive Factors

Board Strengthening

The addition of experienced directors enhances strategic oversight and governance, potentially improving decision-making and long-term strategic positioning.

Debt Management

Reducing debt obligations can strengthen the financial position, improve liquidity, and enhance financial flexibility, supporting long-term stability.

Tax Efficiency

Maintaining a reduced tax rate on distributions enhances profitability and stakeholder returns, supporting sustainable financial performance.

Negative Factors

Profitability Challenges

Sustained profitability issues can hinder reinvestment and growth, impacting long-term financial health and shareholder value.

Declining ROE

A declining ROE indicates inefficiency in generating returns on equity, potentially affecting investor confidence and capital attraction.

Profitability Fluctuations

Inconsistent profitability can lead to uncertainty in earnings, affecting strategic planning and long-term growth prospects.

Suntec Real Estate Investment Business Overview & Revenue Model

Company Description

Suntec Real Estate Investment (T82U) is a real estate investment trust (REIT) based in Singapore, focusing on income-generating real estate across various sectors, including commercial, retail, and hospitality properties. The company primarily invests in high-quality, well-located properties that are strategically positioned to benefit from strong market fundamentals, aiming to deliver sustainable returns to its unitholders through rental income and capital appreciation.

How the Company Makes Money

Suntec Real Estate Investment generates revenue primarily through leasing its properties to tenants, which provides a steady stream of rental income. The company benefits from long-term leases with diversified tenants across various sectors, reducing the risk associated with vacancy rates. Additionally, Suntec may realize capital gains through the appreciation of its property values. The REIT model allows the company to distribute a significant portion of its taxable income to unitholders, creating an attractive investment proposition. Strategic partnerships with property management firms and developers can also enhance operational efficiencies and maximize returns on investments. Furthermore, the company's involvement in redevelopment and asset enhancement initiatives can lead to increased property value and income potential, contributing to its overall earnings.

Suntec Real Estate Investment Financial Statement Overview

Summary

Suntec Real Estate Investment shows strong revenue growth and operational efficiency with high EBIT and EBITDA margins. However, challenges in profitability with a negative net profit margin and declining ROE are concerns. The balance sheet is stable with manageable leverage, and recent improvements in cash flow metrics are positive.

Income Statement

Suntec Real Estate Investment shows a mixed performance in its income statement. The TTM data indicates a significant revenue growth rate of 93.7%, which is a positive sign. However, the company is currently experiencing a negative net profit margin of -0.9%, indicating challenges in profitability. The EBIT and EBITDA margins remain strong at 60.0% and 60.2% respectively, suggesting operational efficiency. Historical data shows fluctuating revenue growth and profitability, with a notable decline in net income in recent periods.

Balance Sheet

The balance sheet reflects a moderate financial position with a debt-to-equity ratio of 0.63, indicating a manageable level of leverage. The equity ratio stands at 58.6%, showing a solid equity base. However, the return on equity is currently negative at -0.08%, highlighting a challenge in generating returns for shareholders. Historically, the company has maintained a stable equity ratio, but the declining ROE is a concern.

Cash Flow

Cash flow analysis reveals a robust free cash flow growth rate of 56.2% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is strong at 1.88, suggesting efficient cash conversion. The free cash flow to net income ratio is nearly 1, reflecting effective cash management. Despite past fluctuations, the recent improvement in cash flow metrics is a positive indicator for financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	554.35M	462.74M	498.74M	467.33M	396.00M	348.94M
Gross Profit	345.96M	303.90M	294.11M	407.39M	302.48M	202.30M
EBITDA	333.46M	366.46M	210.81M	347.06M	279.08M	162.72M
Net Income	-5.00M	185.38M	185.38M	476.81M	476.44M	-71.36M
Balance Sheet
Total Assets	11.02B	10.95B	11.13B	11.71B	11.69B	11.23B
Cash, Cash Equivalents and Short-Term Investments	373.35M	231.34M	217.93M	269.61M	268.31M	227.47M
Total Debt	4.05B	4.21B	4.26B	4.84B	4.92B	4.83B
Total Liabilities	4.43B	4.47B	4.55B	5.13B	5.19B	5.12B
Stockholders Equity	6.45B	6.35B	6.46B	6.46B	6.40B	6.03B
Cash Flow
Free Cash Flow	256.10M	241.99M	250.56M	270.09M	235.42M	-27.82M
Operating Cash Flow	258.62M	254.58M	252.02M	284.18M	243.73M	212.08M
Investing Cash Flow	216.56M	174.73M	698.15M	114.77M	-82.68M	-1.15B
Financing Cash Flow	-286.39M	-414.21M	-1.00B	-383.59M	-116.94M	991.44M

Suntec Real Estate Investment Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:T82U, the sentiment is Positive. The current price of 1.34 is above the 20-day moving average (MA) of 1.32, above the 50-day MA of 1.31, and above the 200-day MA of 1.17, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 58.42 is Neutral, neither overbought nor oversold. The STOCH value of 55.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:T82U.

Suntec Real Estate Investment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BUOU	―	$3.66B	27.17	3.21%	7.60%	11.98%	―
TQ5	―	$4.20B	15.97	2.80%	4.29%	19.82%	―
ME8U	―	S$6.33B	18.56	6.70%	6.30%	-1.96%	175.59%
T82U	―	$3.85B	―	-0.32%	4.85%	0.01%	-110.22%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
K71U	―	$4.01B	24.39	3.21%	6.81%	4.22%	25.77%

Suntec Real Estate Investment Corporate Events

Suntec REIT Redeems and Cancels S$200 Million Securities

Suntec Real Estate Investment Trust announced the redemption and subsequent cancellation of its S$200,000,000 Fixed Rate Subordinated Perpetual Securities as of October 27, 2025. This move is part of the company’s financial strategy to manage its debt profile and could potentially strengthen its financial position, impacting its stakeholders and market standing positively.

Suntec REIT Strengthens Board with New Appointments

Suntec Real Estate Investment Trust has announced the appointment of Mr. Anthony Couse and Mr. Abdul Jabbar as Independent Non-Executive Directors, effective from October 24, 2025. These appointments are expected to enhance the board’s expertise and capabilities, potentially strengthening the company’s strategic positioning and governance.

Suntec REIT Announces Redemption of S$200 Million Securities

Suntec Real Estate Investment Trust has announced its intention to redeem all outstanding S$200,000,000 Fixed Rate Subordinated Perpetual Securities on October 27, 2025. This move is expected to impact the company’s financial operations by fulfilling its obligations to security holders, potentially affecting its liquidity and financial strategy.

Suntec REIT to Release Q3 2025 Business Updates

Suntec REIT has announced that its business updates for the third quarter ending 30 September 2025 will be released on 23 October 2025 after market close. This announcement is crucial for stakeholders as it provides insights into the company’s operational performance and strategic direction, potentially impacting its market positioning and investor confidence.

Suntec REIT Announces Board Leadership Changes

Suntec Real Estate Investment Trust has announced significant changes in its Board of Directors, effective from September 30, 2025. Mr. David Alasdair William Matheson has been appointed as the new Chairman and Non-Executive Director, replacing Ms. Chew Gek Khim, who has resigned. This change in leadership is expected to bring new perspectives to the board, potentially impacting the company’s strategic direction and stakeholder relations.

Suntec REIT Announces Changes to Nominating and Remuneration Committee

Suntec Real Estate Investment Trust has announced a reconstitution of its Nominating and Remuneration Committee. Ms. Chew Gek Khim has resigned, and Mrs. Foo Yee Shoon has been appointed as a new member, effective 19 September 2025. The committee will continue to comply with the Code of Corporate Governance 2018, maintaining a majority of independent directors. This change is part of Suntec REIT’s ongoing commitment to strong corporate governance, ensuring effective oversight and strategic direction.

Suntec REIT Secures Favorable Tax Ruling for Australian Trust

Suntec REIT has received a favorable ruling from the Australian Tax Office, allowing it to maintain a concessionary withholding tax rate for its Australia Managed Investment Trust. This decision, which acknowledges the temporary nature of the trust’s previous non-compliance, ensures that Suntec REIT can continue to benefit from a reduced tax rate on distributions, potentially enhancing returns for stakeholders.