Market Closed -
Singapore S.E.
02:40:12 02/05/2024 pm IST
|
5-day change
|
1st Jan Change
|
2.24
SGD
|
-1.32%
|
|
0.00%
|
-10.76%
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,244
|
5,348
|
6,442
|
7,200
|
6,493
|
6,350
|
-
|
-
|
Enterprise Value (EV)
1 |
5,214
|
6,354
|
8,653
|
9,990
|
9,228
|
9,415
|
9,439
|
9,502
|
P/E ratio
|
14.7
x
|
14
x
|
38.5
x
|
15.9
x
|
22.7
x
|
17.1
x
|
16.9
x
|
15.6
x
|
Yield
|
5.79%
|
5.04%
|
4.58%
|
5.13%
|
5.73%
|
5.83%
|
5.95%
|
6.04%
|
Capitalization / Revenue
|
11.3
x
|
13.2
x
|
14.4
x
|
11.8
x
|
9.48
x
|
9.12
x
|
8.93
x
|
8.66
x
|
EV / Revenue
|
13.9
x
|
15.7
x
|
19.3
x
|
16.4
x
|
13.5
x
|
13.5
x
|
13.3
x
|
13
x
|
EV / EBITDA
|
20.5
x
|
22.5
x
|
27.8
x
|
24.4
x
|
20.5
x
|
19.9
x
|
19.7
x
|
19.1
x
|
EV / FCF
|
21.3
x
|
22.2
x
|
36.6
x
|
20.1
x
|
31.5
x
|
19.7
x
|
20.3
x
|
18.9
x
|
FCF Yield
|
4.7%
|
4.51%
|
2.74%
|
4.98%
|
3.18%
|
5.07%
|
4.94%
|
5.3%
|
Price to Book
|
1.39
x
|
1.5
x
|
1.65
x
|
1.45
x
|
1.28
x
|
1.19
x
|
1.23
x
|
1.21
x
|
Nbr of stocks (in thousands)
|
20,21,111
|
22,01,002
|
23,51,158
|
26,76,562
|
27,39,870
|
28,34,670
|
-
|
-
|
Reference price
2 |
2.100
|
2.430
|
2.740
|
2.690
|
2.370
|
2.270
|
2.270
|
2.270
|
Announcement Date
|
22/04/19
|
27/04/20
|
29/04/21
|
26/04/22
|
27/04/23
|
-
|
-
|
-
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
376.1
|
405.9
|
447.2
|
610.1
|
684.9
|
696.3
|
711.2
|
733.1
|
EBITDA
1 |
254.3
|
282
|
311.2
|
408.6
|
450.6
|
473.8
|
479.3
|
497.1
|
EBIT
1 |
254.3
|
282
|
311.1
|
408.6
|
450.6
|
473.1
|
486.9
|
506.5
|
Operating Margin
|
67.61%
|
69.48%
|
69.57%
|
66.97%
|
65.79%
|
67.95%
|
68.46%
|
69.09%
|
Earnings before Tax (EBT)
1 |
271.1
|
367.2
|
197.9
|
469.4
|
315.1
|
398.7
|
398.9
|
413.5
|
Net income
1 |
271.1
|
367.1
|
164.5
|
430.8
|
281.7
|
368.3
|
385.5
|
404.1
|
Net margin
|
72.09%
|
90.46%
|
36.78%
|
70.62%
|
41.13%
|
52.89%
|
54.2%
|
55.12%
|
EPS
2 |
0.1425
|
0.1737
|
0.0711
|
0.1687
|
0.1043
|
0.1326
|
0.1344
|
0.1457
|
Free Cash Flow
1 |
244.8
|
286.8
|
236.7
|
497
|
293.1
|
477.3
|
465.9
|
503.9
|
FCF margin
|
65.09%
|
70.68%
|
52.93%
|
81.47%
|
42.79%
|
68.54%
|
65.51%
|
68.74%
|
FCF Conversion (EBITDA)
|
96.25%
|
101.71%
|
76.07%
|
121.63%
|
65.04%
|
100.72%
|
97.21%
|
101.38%
|
FCF Conversion (Net income)
|
90.29%
|
78.13%
|
143.9%
|
115.38%
|
104.06%
|
129.59%
|
120.87%
|
124.7%
|
Dividend per Share
2 |
0.1216
|
0.1224
|
0.1255
|
0.1380
|
0.1357
|
0.1323
|
0.1350
|
0.1371
|
Announcement Date
|
22/04/19
|
27/04/20
|
29/04/21
|
26/04/22
|
27/04/23
|
-
|
-
|
-
|
Fiscal Period: März |
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
---|
Net sales
1 |
155.6
|
162.4
|
164.1
|
167.8
|
175.5
|
170.4
|
171.1
|
170.6
|
174.1
|
173.9
|
196
|
183
|
183
|
183
|
183
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
105.6
|
107.1
|
103.6
|
113.2
|
114
|
112.5
|
110.7
|
114.8
|
111.1
|
113.1
|
134.6
|
121.6
|
121.6
|
121.9
|
122.6
|
Operating Margin
|
67.88%
|
66%
|
63.14%
|
67.49%
|
64.98%
|
66.02%
|
64.72%
|
67.3%
|
63.79%
|
65.02%
|
68.68%
|
66.47%
|
66.47%
|
66.64%
|
66.98%
|
Earnings before Tax (EBT)
|
101.1
|
101.7
|
180.5
|
106.5
|
99.11
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
95.46
|
96.47
|
155.6
|
-
|
-
|
93.03
|
-4.172
|
91.68
|
91.05
|
92.93
|
103.3
|
97.4
|
97.4
|
98.04
|
161.7
|
Net margin
|
61.36%
|
59.42%
|
94.8%
|
-
|
-
|
54.58%
|
-2.44%
|
53.73%
|
52.29%
|
53.44%
|
52.7%
|
53.23%
|
53.23%
|
53.58%
|
88.38%
|
EPS
2 |
0.0368
|
0.0372
|
0.0592
|
-
|
-
|
0.0352
|
-0.001500
|
0.0332
|
0.0324
|
0.0328
|
0.0365
|
0.0345
|
0.0345
|
0.0347
|
0.0564
|
Dividend per Share
2 |
0.0347
|
0.0349
|
0.0349
|
0.0349
|
0.0336
|
-
|
0.0333
|
0.0339
|
0.0332
|
0.0336
|
0.0345
|
0.0344
|
0.0344
|
0.0347
|
0.0346
|
Announcement Date
|
26/10/21
|
25/01/22
|
26/04/22
|
25/07/22
|
26/10/22
|
26/01/23
|
27/04/23
|
26/07/23
|
25/10/23
|
25/01/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
969
|
1,005
|
2,211
|
2,790
|
2,734
|
3,066
|
3,089
|
3,153
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.811
x
|
3.565
x
|
7.104
x
|
6.828
x
|
6.068
x
|
6.47
x
|
6.444
x
|
6.342
x
|
Free Cash Flow
1 |
245
|
287
|
237
|
497
|
293
|
477
|
466
|
504
|
ROE (net income / shareholders' equity)
|
9.41%
|
11.1%
|
4.41%
|
9.39%
|
7.11%
|
7.04%
|
7.27%
|
7.45%
|
ROA (Net income/ Total Assets)
|
6.25%
|
7.63%
|
2.84%
|
5.79%
|
4.45%
|
4.34%
|
4.48%
|
4.58%
|
Assets
1 |
4,337
|
4,811
|
5,790
|
7,436
|
6,327
|
8,477
|
8,598
|
8,828
|
Book Value Per Share
2 |
1.510
|
1.620
|
1.660
|
1.860
|
1.850
|
1.900
|
1.850
|
1.870
|
Cash Flow per Share
2 |
0.1200
|
0.1300
|
0.1000
|
0.1900
|
0.1700
|
0.1600
|
0.1500
|
0.1500
|
Capex
1 |
132
|
50.1
|
303
|
1,903
|
155
|
13.8
|
10.9
|
11.3
|
Capex / Sales
|
35.01%
|
12.36%
|
67.74%
|
311.91%
|
22.63%
|
1.98%
|
1.53%
|
1.54%
|
Announcement Date
|
22/04/19
|
27/04/20
|
29/04/21
|
26/04/22
|
27/04/23
|
-
|
-
|
-
|
Last Close Price
2.27
SGD Average target price
2.548
SGD Spread / Average Target +12.27% Consensus |
1st Jan change
|
Capi.
|
---|
| -10.76% | 4.72B | | -5.73% | 46.43B | | -7.57% | 20.42B | | -2.21% | 13.05B | | +17.42% | 11.65B | | -4.85% | 9.67B | | +1.78% | 8.65B | | -14.52% | 8.38B | | +3.24% | 7.71B | | -18.65% | 5.49B |
Other Commercial REITs
|