Ascendas Real Estate Investment Trust

Real Estate US ACDSF

1.89USD
-(-%)

Last update at 2025-05-20T20:00:00Z

Day Range

2.002.00
LowHigh

52 Week Range

1.672.31
LowHigh

Fundamentals

  • Previous Close 1.89
  • Market Cap10079.04M
  • Volume4000
  • P/E Ratio17.23
  • Dividend Yield2.62%
  • Revenue TTM1404.61M
  • Revenue Per Share TTM0.33
  • Gross Profit TTM 884.66M
  • Diluted EPS TTM0.13

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 844.78M 1043.51M 494.24M - 517.47M
Minority interest - - - - 0.00400M
Net income 760.39M 957.04M 457.08M - 503.09M
Selling general administrative 100.79M 100.87M 77.27M - 62.05M
Selling and marketing expenses - - - - -
Gross profit 968.75M 920.75M 776.25M - 649.58M
Reconciled depreciation - - - - -
Ebit 868.31M 823.18M 708.57M 646.70M 588.02M
Ebitda 1029.50M 1203.76M 649.42M - 640.42M
Depreciation and amortization - - - - -
Non operating income net other - - - - 0.00000M
Operating income 867.96M 819.88M 698.98M - 587.52M
Other operating expenses - - - - 0.00000M
Interest expense 184.72M 160.25M 155.19M 0.00000M 122.94M
Tax provision 84.39M 86.47M 37.16M - 14.39M
Interest income 2.25M 6.93M - - 10.45M
Net interest income -187.76200M -158.88000M -159.48900M - -116.04000M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 84.39M 86.47M 37.16M 25.23M 14.39M
Total revenue 1352.69M 1226.53M 1049.46M - 886.17M
Total operating expenses 484.73M 406.64M 350.48M - 298.65M
Cost of revenue 383.93M 305.77M 273.21M - 236.59M
Total other income expense net - - - - -70.54400M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 760.39M 957.04M 457.08M - 503.08M
Net income applicable to common shares 751.39M 948.04M 441.94M 514.48M 488.84M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 17875.99M 17730.49M 15123.22M - 11413.82M
Intangible assets - - - - 0.00000M
Earning assets - - - - -
Other current assets 49.33M 24.76M 36.41M 128.25M 18.26M
Total liab 7609.37M 7453.32M 5932.67M - 4467.83M
Total stockholder equity 10266.62M 10277.17M 9190.55M - 6945.99M
Deferred long term liab - - - - 0.00000M
Other current liab 84.67M 210.84M 153.63M 175.02M 91.25M
Common stock 9967.68M 9978.23M 8891.61M 7810.37M 6641.61M
Capital stock 9967.68M 9978.23M 8891.61M - 6641.61M
Retained earnings - - - - 0.00000M
Other liab 390.86M 280.39M 255.46M 159.03M 156.98M
Good will - - - - 0.00000M
Other assets 217.70M 95.26M 80.43M 69.22M 82.10M
Cash 217.02M 368.55M 277.98M - 52.34M
Cash and equivalents - - - - -
Total current liabilities 1301.85M 1771.33M 843.07M 978.97M 824.97M
Current deferred revenue - - - - -
Net debt 5924.98M 5715.80M 4403.98M - 4045.45M
Short term debt - - - - 0.00000M
Short long term debt 833.03M 1250.82M 420.64M - 611.91M
Short long term debt total - - - - -
Other stockholder equity 298.94M 298.94M 298.94M 300.87M 304.38M
Property plant equipment 17224.90M 17144.42M 14577.43M 13543.49M 11235.53M
Total current assets 362.55M 455.62M 352.93M 251.27M 96.09M
Long term investments - - - - 0.10M
Net tangible assets 10266.62M 10277.17M 9190.55M 8111.24M 6945.99M
Short term investments - - - - 0.00000M
Net receivables 96.20M 62.83M 39.98M 28.68M 26.89M
Long term debt 5308.96M 4833.53M 4261.32M - 3485.88M
Inventory - - - - 0.00000M
Accounts payable 344.46M 26.91M 26.09M 15.79M 13.74M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income - - - - 0.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 0.00000M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other - - - - 11317.73M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 17513.44M 17274.87M 14770.29M - 11317.73M
Capital lease obligations 647.31M 604.65M 609.96M - 0.00000M
Long term debt total - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -35.61800M -39.31200M -104.91300M -104.91300M -104.91300M
Change to liabilities 188.42M -55.92100M 57.73M 107.46M 23.12M
Total cashflows from investing activities -374.26300M -1914.69100M -985.38800M -1782.43700M -1027.78700M
Net borrowings 40.70M 1382.85M 50.89M 592.84M 609.63M
Total cash from financing activities -782.36200M 1277.39M 478.50M 1098.11M 444.41M
Change to operating activities - - - - 0.00000M
Net income 760.39M 957.04M 457.08M 528.77M 503.09M
Change in cash -151.53100M 90.57M 223.42M 90.13M 27.87M
Begin period cash flow 368.55M 277.98M 54.55M 4.92M -22.94900M
End period cash flow 217.02M 368.55M 277.98M 54.55M 4.92M
Total cash from operating activities 1017.92M 726.76M 729.48M 775.27M 612.43M
Issuance of capital stock 0.00000M 420.00M 1196.49M - 452.14M
Depreciation - - - - 0.00000M
Other cashflows from investing activities 2.56M 8.99M 9.34M 27.24M 24.93M
Dividends paid -658.69800M -387.46100M -613.32000M -646.40700M 477.33M
Change to inventory - - - - 0.00000M
Change to account receivables -16.55000M -26.81500M -37.26000M 15.28M -3.37300M
Sale purchase of stock - - - - 0.00000M
Other cashflows from financing activities -164.36600M -138.00600M -155.55800M -158.16850M -140.02700M
Change to netincome 81.22M -152.19300M 247.65M 121.60M 86.28M
Capital expenditures 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital 171.87M -82.73600M 20.47M - 19.74M
Stock based compensation - - - - -
Other non cash items 212.20M 167.72M 178.22M - 126.91M
Free cash flow 1017.92M 726.76M 729.48M - 612.43M

Peer Comparison

Sector: Real Estate Industry: REIT - Industrial

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ACDSF
Ascendas Real Estate Investment Trust
- -% 1.89 17.23 18.55 6.84 1.22 10.51 14.42
PLD
Prologis Inc
-1.92 1.74% 108.73 42.17 52.08 14.75 2.25 18.70 23.08
PSA
Public Storage
-1.64 0.53% 307.82 27.33 27.32 11.54 8.95 14.45 20.02
PLDGP
Prologis Inc
-0.08 0.14% 55.85 10.93 - 5.05 -
EXR
Extra Space Storage Inc
-0.53 0.35% 152.06 28.98 28.74 14.47 2.23 19.14 26.72

Reports Covered

Stock Research & News

Profile

CapitaLand Ascendas REIT (CLAR), formerly known as Ascendas Real Estate Investment Trust (Ascendas Reit), is Singapore's first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets. As at 30 June 2023, its investment properties under management stood at S$17.0 billion. It owns a total of 230 properties across three segments, namely Business Space and Life Sciences; Logistics; and Industrial and Data Centres. These properties are in the developed markets of Singapore, the United States, Australia, and the United Kingdom/Europe. These properties house a tenant base of more than 1,750 international and local companies from a wide range of industries and activities, including data centres, information technology, engineering, logistics & supply chain management, biomedical sciences, financial services (backroom office support), electronics, government and other manufacturing and services industries. Major tenants include Singtel, SEA Group, DSO National Laboratories, Stripe, DBS, Seagate, Citibank, Pinterest, Equinix, and J.P. Morgan. CLAR is listed in several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. CLAR has an issuer rating of "A3' by Moody's Investors Service. CLAR is managed by CapitaLand Ascendas REIT Management Limited, formerly known as Ascendas Funds Management (S) Limited, a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

Ascendas Real Estate Investment Trust

No.30-01 Capital Tower, Singapore, Singapore, 068912

Key Executives

Name Title Year Born
Mr. Wee Leong Tay CEO & Exec. Non-Independent Director of Ascendas Funds Management (S) Limited (AFM) 1971
Ms. Lee Sze Koo Chief Financial Officer of Ascendas Funds Management (S) Limited 1970
Mr. Ram Soundararajan Head of Investment for Ascendas Funds Management (S) Limited 1977
Ms. Kit Peng Yeow Head of Capital Markets & Investor Relations of Ascendas Funds Management (S) Limited 1965
Ms. Wylyn Liu Mang. of Corp. & Marketing Communications NA
Mr. Chat Shen Goh C.F.A., CFA Head of Portfolio Management NA
Ms. Michelle Lee Managing Director of Europe, Investment & Portfolio Management NA
Mr. Wei Seng Hon LLB Company Sec. of Ascendas Funds Management (S) Limited NA
Ms. Chai Ping Koh Company Sec. of Ascendas Funds Management (s) Limited NA
Mr. Paul Toussaint Managing Director of Capitaland Australia 1964

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