9CI Stock Analysis: CAPITALAND INVESTMENT | SG
Real Estate Services | SG, Singapore | Market Cap: 12.484m SGD | 12M Return: -4.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 23.4M
Warnings
Tailwinds
No distinct edge detected
Seasonality 4.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
CapitaLand Investment Limited (CLI) is a Singapore-headquartered global real asset manager with a strong presence in Asia. As at 31 December 2025, the company reported 125 billion dollars of funds under management. It operates as the investment management arm of the CapitaLand Group, giving it access to the parent groups development pipeline and capabilities.
CLIs business spans fund management, commercial management, and lodging management. It holds stakes in eight listed real estate investment trusts (REITs) and business trusts, alongside a suite of private real asset vehicles focused on demographics, disruption, and digitalization themes. Its portfolio is diversified across multiple real asset classes, including retail, office, lodging, industrial, logistics, business parks, wellness, self-storage, data centres, and credit.
The company is incorporated in Singapore (2002) and is classified as a mid-cap stock on the SGX within the GICS Real Estate Operating Companies sub-industry. Asset managers in this segment typically generate revenue through management fees on assets under management, performance fees, and capital gains from co-investments, while Singapore has historically been one of Asias most active markets for REIT listings and real asset fund vehicles.
- FUM growth in Asia accelerates fee income expansion
- Data centre and logistics capital deployment scales AUM
- Interest rate cuts pressure real estate valuations and fund flows
| Net Income: 145.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.22 > 1.0 |
| NWC/Revenue: 45.19% < 20% (prev 26.96%; Δ 18.23% < -1%) |
| CFO/TA 0.02 > 3% & CFO 565.0m > Net Income 145.0m |
| Net Debt (-1.50b) to EBITDA (597.0m): -2.51 < 3 |
| Current Ratio: 1.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.99b) vs 12m ago -2.21% < -2% |
| Gross Margin: 46.93% > 18% (prev 44.94%; Δ 1.99% > 0.5%) |
| Asset Turnover: 8.72% > 50% (prev 11.39%; Δ -2.67% > 0%) |
| Interest Coverage Ratio: 3.40 > 6 (EBIT TTM 466.0m / Interest Expense TTM 137.0m) |
| A: 0.04 (Total Current Assets 3.23b - Total Current Liabilities 2.27b) / Total Assets 24.2b |
| B: 0.15 (Retained Earnings 3.69b / Total Assets 24.2b) |
| C: 0.02 (EBIT TTM 466.0m / Avg Total Assets 24.5b) |
| D: 1.08 (Book Value of Equity 12.6b / Total Liabilities 11.6b) |
| Altman-Z'' = 2.02 = BBB |
| DSRI: 1.23 (Receivables 151.0m/162.0m, Revenue 2.13b/2.81b) |
| GMI: 0.96 (GM 44.94% / 46.93%) |
| AQI: 1.02 (AQ_t 0.84 / AQ_t-1 0.83) |
| SGI: 0.76 (Revenue 2.13b / 2.81b) |
| TATA: -0.02 (NI 145.0m - CFO 565.0m) / TA 24.2b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of July 14, 2026, the stock is trading at SGD 2.50 with a total of 6,644,400 shares traded. Over the past week, the price has changed by -0.40%, over one month by -3.10%, over three months by -7.35% and over the past year by -4.30%.
Current recommended Stop Loss: 2.40 (which is 4% or 2.5 ATR below the current price).
CAPITALAND INVESTMENT has no consensus analysts rating.
P/E Trailing = 83.3333
P/E Forward = 23.0947
P/S = 5.8527
P/B = 1.0083
P/EG = 0.5658
Revenue TTM = 2.13b SGD
EBIT TTM = 466.0m SGD
EBITDA TTM = 597.0m SGD
Long Term Debt = 7.27b SGD (from longTermDebt, last quarter)
Short Term Debt = 98.0m SGD (from shortTermDebt, last quarter)
Debt = 525.0m SGD (Leases only: 525.0m)
Net Debt = -1.50b SGD (calculated: Debt 525.0m - CCE 2.02b)
Enterprise Value = 11.0b SGD (12.5b + Debt 525.0m - CCE 2.02b)
Interest Coverage Ratio = 3.40 (Ebit TTM 466.0m / Interest Expense TTM 137.0m)
EV/FCF = 22.94x (Enterprise Value 11.0b / FCF TTM 479.0m)
FCF Yield = 4.36% (FCF TTM 479.0m / Enterprise Value 11.0b)
FCF Margin = 22.46% (FCF TTM 479.0m / Revenue TTM 2.13b)
Net Margin = 6.80% (Net Income TTM 145.0m / Revenue TTM 2.13b)
Gross Margin = 46.93% ((Revenue TTM 2.13b - Cost of Revenue TTM 1.13b) / Revenue TTM)
Gross Margin QoQ = 48.31% (prev 45.48%)
Tobins Q-Ratio = 0.45 (Enterprise Value 11.0b / Total Assets 24.2b)
Interest Expense / Debt = 26.10% (Interest Expense 137.0m / Debt 525.0m)
Taxrate = 39.50% (111.0m / 281.0m)
NOPAT = 281.9m (EBIT 466.0m * (1 - 39.50%))
Current Ratio = 1.43 (Total Current Assets 3.23b / Total Current Liabilities 2.27b)
Debt / Equity = 0.04 (Debt 525.0m / totalStockholderEquity, last quarter 12.6b)
Debt / EBITDA = -2.51 (Net Debt -1.50b / EBITDA 597.0m)
Debt / FCF = -3.13 (Net Debt -1.50b / FCF TTM 479.0m)
Total Stockholder Equity = 13.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.59% (Net Income 145.0m / Total Assets 24.2b)
RoE = 1.10% (Net Income TTM 145.0m / Total Stockholder Equity 13.1b)
RoCE = 2.28% (EBIT 466.0m / Capital Employed (Equity 13.1b + L.T.Debt 7.27b))
RoIC = 1.29% (NOPAT 281.9m / Invested Capital 21.9b)
WACC = 7.40% (E(12.5b)/V(13.0b) * Re(7.05%) + D(525.0m)/V(13.0b) * Rd(26.10%) * (1-Tc(0.40)))
Discount Rate = 7.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.07 | Cagr: -1.32%
[DCF] Terminal Value 73.69% ; FCFF base≈504.2m ; Y1≈456.7m ; Y5≈393.8m
[DCF] Fair Price = 1.56 (EV 6.27b - Net Debt -1.50b = Equity 7.77b / Shares 4.99b; r=8.35% [WACC [floored]]; 5y FCF grow -11.62% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: -86.77 | Revenue CAGR: -10.85% | SUE: 0.02 | # QB: 0
EPS current Year (2025-12-31): EPS=0.12 | Chg30d=-0.08% | Revisions=-25% | GrowthEPS=+22.2% | GrowthRev=-24.6%
EPS next Year (2026-12-31): EPS=0.12 | Chg30d=+0.50% | Revisions=+0% | GrowthEPS=+13.9% | GrowthRev=+6.4%
[Analyst] Revisions Ratio: -17% (up=1, down=2)