Suntec Real Estate Investment (T82U) AI Stock Analysis

• Market Cap: S$4.15B
• Dividend Yield: 4.55%
• Average Volume (3M): 6.70M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• 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: 2,945,448,200
• 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: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: S$1.40
• Price Target Upside: -5.10% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: S$1.50 ▲(2.04% 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: 1.47
• 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:T82U, the sentiment is Positive. The current price of 1.47 is above the 20-day moving average (MA) of 1.41, above the 50-day MA of 1.38, and above the 200-day MA of 1.23, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 51.92 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 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	71 Outperform	S$3.87B	18.75	4.77%	6.04%	2.01%	38.17%
TQ5	67 Neutral	S$4.48B	19.45	2.37%	4.02%	-18.20%	40.87%
T82U	67 Neutral	S$4.15B	-213.64	-0.32%	4.55%	0.01%	-110.22%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ME8U	64 Neutral	S$5.96B	17.97	6.70%	6.51%	-1.96%	175.59%
K71U	57 Neutral	$4.86B	24.08	3.21%	7.36%	4.22%	25.85%

Suntec Real Estate Investment Corporate Events

Suntec REIT Overhauls Board and Committees Ahead of Manager Ownership Change

Suntec REIT’s manager, ESR Trust Management (Suntec) Limited, has announced a significant reshuffle of its board and key board committees effective 31 December 2025, driven by director tenure limits and an impending change in ownership of the manager. Two long-serving independent non-executive directors, Mr. Chan Pee Teck Peter and Mrs. Foo Yee Shoon, will retire after reaching a nine-year tenure limit, while non-executive directors Mr. Shen Jinchu and Mr. Matthew James Lawson will step down in line with the anticipated change in ownership, prompting a refreshed governance line-up. The trust is strengthening its oversight structure by appointing Mr. Abdul Jabbar Bin Karam Din as chairman of the Nominating and Remuneration Committee and member of the Audit and Risk Committee, alongside the appointments of Mr. Anthony Charles Philip Couse and Mr. David Alasdair William Matheson to the Nominating and Remuneration Committee, with Mr. Couse also joining the Audit and Risk Committee. The resulting board and committee compositions underscore a continued emphasis on independent oversight and governance continuity as the trust prepares for a transition in its managerial ownership.

The most recent analyst rating on (SG:T82U) stock is a Buy with a S$1.40 price target. To see the full list of analyst forecasts on Suntec Real Estate Investment stock, see the SG:T82U Stock Forecast page.

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The most recent analyst rating on (SG:T82U) stock is a Buy with a S$1.40 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 Manager Set for Acquisition by Acrophyte Asset Management

ESR Trust Management (Suntec) Limited, the manager of Suntec REIT, has announced a proposed acquisition by Acrophyte Asset Management, controlled by Mr. Gordon Tang. This acquisition, pending approval from the Monetary Authority of Singapore, signifies a strategic move to enhance Suntec REIT’s market position and implement value-adding initiatives. Mr. Tang, already a significant stakeholder, expresses confidence in Suntec REIT’s leadership and aims to work closely with the management team to ensure sustainable growth and benefit for all unitholders.

The most recent analyst rating on (SG:T82U) stock is a Buy with a S$1.40 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 Secures Tax Concessions for Perpetual Securities

Suntec Real Estate Investment Trust has announced a tax ruling regarding its S$250,000,000 fixed rate subordinated perpetual securities. The Inland Revenue Authority of Singapore has ruled that these securities qualify as debt securities, allowing holders to benefit from tax concessions under the Qualifying Debt Securities scheme, provided certain conditions are met. This ruling could enhance the attractiveness of these securities to investors by offering potential tax benefits.

The most recent analyst rating on (SG:T82U) stock is a Hold with a S$1.50 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 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.

The most recent analyst rating on (SG:T82U) stock is a Buy with a S$1.40 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 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.

The most recent analyst rating on (SG:T82U) stock is a Hold with a S$1.50 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 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.

The most recent analyst rating on (SG:T82U) stock is a Hold with a S$1.50 price target. To see the full list of analyst forecasts on Suntec Real Estate Investment stock, see the SG:T82U Stock Forecast page.