Suntec Real Estate Investment (T82U) AI Stock Analysis

• Market Cap: $3.50B
• Dividend Yield: 5.29%
• Average Volume (3M): 5.12M
• Price to Earnings (P/E): 30.2
• Beta (1Y): 0.70
• Revenue Growth: 0.01%
• EPS Growth: -110.22%
• Country: SG
• Employees: 1,300
• Sector: Real Estate
• Sector Strength: 60
• Industry: REIT - Diversified
• EPS (TTM): -0.02
• Shares Outstanding: 2,941,902,300
• 10 Day Avg. Volume: 4,909,970
• 30 Day Avg. Volume: 5,121,543
• PEG Ratio: 0.00
• Price to Book (P/B): 0.61
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.67
• 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: $1.26
• Price Target Upside: 4.99% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 65 Neutral
• Price Target: S$1.00 ▼(-16.67%Downside)

The overall stock score for Suntec Real Estate Investment is driven by solid financial performance, with stable profitability and efficient cash generation. Technical indicators present a neutral market momentum, while valuation concerns arise from the high P/E ratio despite an attractive dividend yield. The absence of earnings call data and corporate events did not impact the score calculation.

Positive Factors

Earnings Growth

Earnings growth was buoyed by continued strong positive rental reversions of between 10.0%-22.9% across Singapore and Australia.

Interest Rate Cuts

Suntec will be a key beneficiary of interest rate cuts due to its low hedging ratio.

Property Portfolio

Robust performance from its Singapore portfolio continues to support the weakness in Australia (Adelaide) and the UK.

Negative Factors

Dividend Yield

Current FY25F yield, at c.6%, is lower than that of its peers.

Financial Performance

Earnings will remain muted due to a lower hedged ratio amid higher interest rates.

Interest Costs

Higher interest costs have been eroding its income, as its debt was only c.60% hedged previously.

Suntec Real Estate Investment Business Overview & Revenue Model

Company Description

Suntec Real Estate Investment Trust (Suntec REIT) is a prominent real estate investment trust listed on the Singapore Exchange. It primarily invests in commercial properties across Singapore and key international markets, focusing on acquiring and managing high-quality office and retail spaces. Suntec REIT's portfolio includes landmark assets such as Suntec City, one of Singapore's largest integrated commercial developments, and other prime properties that cater to a diverse range of tenants.

How the Company Makes Money

Suntec REIT generates revenue primarily through rental income from its portfolio of commercial properties, which includes office spaces and retail units. The trust leases these properties to a diverse mix of tenants, securing long-term, stable cash flows. Additionally, Suntec REIT may engage in property management services and redevelopment projects to enhance the value of its assets, potentially increasing rental yields. Strategic partnerships and joint ventures in international markets further diversify its revenue streams and contribute to its earnings.

Suntec Real Estate Investment Financial Statement Overview

Summary

Suntec Real Estate Investment demonstrates solid financial health with stable profitability and efficient cash generation. The balance sheet reflects a well-managed capital structure with moderate leverage. Revenue fluctuations pose a risk, but overall, the company maintains a strong financial position suitable for navigating industry dynamics.

Income Statement

Suntec Real Estate Investment has demonstrated robust profitability, showing a stable gross profit margin with an increase in net profit margin due to consistent net income figures. However, revenue growth has been inconsistent, with a decline noted in the most recent year. The EBIT margin dropped significantly due to zero EBIT reported in the latest year, but EBITDA margin remains healthy, reflecting operational efficiency.

Balance Sheet

The company maintains a strong equity base, with a moderate debt-to-equity ratio, suggesting manageable leverage. Return on Equity (ROE) is solid, although slightly impacted by the static net income. The equity ratio is stable, indicating a strong asset base supported by equity financing, reducing financial risk.

Cash Flow

Cash flow from operations remains strong, supporting stable free cash flow. The free cash flow to net income ratio indicates efficient conversion of earnings into cash. The operating cash flow to net income ratio is favorable, showcasing effective cash generation relative to net earnings. Free cash flow growth is steady, although not significantly expansive.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	636.94M	462.74M	498.74M	427.27M	358.07M	315.39M
Gross Profit	363.60M	303.90M	294.11M	313.64M	250.32M	202.30M
EBITDA	280.94M	366.46M	210.81M	593.24M	553.80M	24.16M
Net Income	251.10M	185.38M	185.38M	476.81M	476.44M	-115.66M
Balance Sheet
Total Assets	11.10B	10.95B	11.13B	11.71B	11.69B	11.23B
Cash, Cash Equivalents and Short-Term Investments	186.86M	231.34M	217.93M	269.61M	268.31M	227.47M
Total Debt	4.24B	4.21B	4.26B	4.84B	4.92B	4.83B
Total Liabilities	4.50B	4.47B	4.55B	5.13B	5.19B	5.12B
Stockholders Equity	6.47B	6.35B	6.46B	6.46B	6.40B	6.03B
Cash Flow
Free Cash Flow	300.00M	241.99M	240.71M	270.09M	235.42M	-27.82M
Operating Cash Flow	301.27M	254.58M	252.02M	284.18M	243.73M	212.08M
Investing Cash Flow	150.10M	174.73M	698.15M	114.77M	-82.68M	-1.15B
Financing Cash Flow	-474.30M	-414.21M	-1.00B	-383.59M	-116.94M	991.44M

Suntec Real Estate Investment Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 1.2 is above the 20-day moving average (MA) of 1.15, above the 50-day MA of 1.14, and above the 200-day MA of 1.14, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 73.36 is Negative, neither overbought nor oversold. The STOCH value of 87.50 is Negative, 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
ME8U	77 Outperform	$5.90B	17.38	6.88%	6.56%	0.24%	193.35%
BUOU	70 Outperform	$3.34B	24.79	3.21%	8.11%	11.98%	―
TQ5	68 Neutral	$3.73B	14.18	2.80%	4.74%	19.82%	―
K71U	67 Neutral	$3.69B	23.17	3.21%	5.77%	4.19%	-42.41%
T82U	65 Neutral	$3.50B	30.23	-0.32%	5.29%	0.01%	-110.22%
Sector *	63 Neutral	$6.86B	17.00	-2.14%	7.13%	4.56%	-27.45%

Suntec Real Estate Investment Corporate Events

Suntec REIT Announces Company Secretary Resignation

Suntec REIT announced the resignation of Ms. Ha Mui Ling as Company Secretary, effective June 30, 2025. Ms. Low Mei Mei, Maureen will continue in her role as Company Secretary. The Board expressed gratitude for Ms. Ha’s contributions, indicating a smooth transition in the company’s administrative functions.

The most recent analyst rating on (SG:T82U) stock is a Hold with a S$1.51 price target. To see the full list of analyst forecasts on Suntec Real Estate Investment stock, see the SG:T82U Stock Forecast page.

Suntec REIT Issues S$250 Million Perpetual Securities for Strategic Financial Management

Suntec REIT has announced the issuance of S$250,000,000 fixed rate subordinated perpetual securities under its U.S.$2,000,000,000 Euro Medium Term Securities Programme. The proceeds from this issuance will be used for refinancing existing borrowings and meeting general working capital and capital expenditure needs. The securities are offered to institutional and accredited investors in Singapore and have received approval in-principle for listing on the Singapore Exchange Securities Trading Limited, which could enhance Suntec REIT’s financial flexibility and market positioning.

The most recent analyst rating on (SG:T82U) stock is a Hold with a S$1.15 price target. To see the full list of analyst forecasts on Suntec Real Estate Investment stock, see the SG:T82U Stock Forecast page.

Suntec REIT Prices S$250 Million Perpetual Securities to Bolster Financial Flexibility

Suntec REIT has announced the pricing of S$250,000,000 in fixed rate subordinated perpetual securities under its U.S.$2,000,000,000 Euro Medium Term Securities Programme. This strategic move, managed by DBS Bank Ltd. and Oversea-Chinese Banking Corporation Limited, is expected to enhance Suntec REIT’s financial flexibility and strengthen its capital structure, potentially impacting its market positioning and providing stakeholders with a stable distribution rate of 4.48% per annum until 2030.

The most recent analyst rating on (SG:T82U) stock is a Hold with a S$1.15 price target. To see the full list of analyst forecasts on Suntec Real Estate Investment stock, see the SG:T82U Stock Forecast page.

Suntec REIT Convenes Annual General Meeting with Key Stakeholders

Suntec Real Estate Investment Trust held its Annual General Meeting at the Suntec Singapore Convention & Exhibition Centre, attended by unitholders and the board of directors. The meeting was chaired by Ms. Chew Gek Khim, with key management figures present, highlighting the company’s commitment to transparency and stakeholder engagement.