CapitaLand Investment Ltd 9CI

Stock XSES Rating as of Oct 2, 2026

SGD 2.47 −0.05 (1.98%)

As of Oct 2, 2026, 8:54:58 AM Delayed Price Closed

Company Report

CapitaLand Investment Focuses on Its Fund Management Business To Drive Earnings Growth

Xavier Lee Aug 13, 2026

CapitaLand Investment is a real estate investment management company with SGD 128 billion in total funds under management as of June 30, 2026. Currently, the firm generates most of its income from direct real estate investment, where it invests in a portfolio of office, retail, lodging, logistics, business parks, and data center assets for rental income. CLI also collects management fees and distribution income from the listed vehicles and private funds it manages. Around 60% of the FUM comprises listed REITs such as CapitaLand Integrated Commercial Trust, CapitaLand Ascendas REIT, and CapitaLand Ascott Trust. CLI has set a target to achieve SGD 200 billion of FUM by 2028, up from SGD 99 billion at the end of 2023.

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Price vs Fair Value

View History

9CI is trading at a LOCK|&KPfTy premium.

Price

SGD 2.47

Oct 2, 2026

Fair Value

Feb 11, 2026

Uncertainty

LOCK|&F?Q

1-Star Price: LOCK|fs#
5-Star Price: $.h
Economic Moat: LOCK|rvX
Capital Allocation: LOCK|F%J?m^

Bulls Say, Bears Say

Bulls

An earlier-than-expected pivot in interest rates will boost CLI’s capital recycling efforts and help it to achieve its goal of being asset light sooner.

Bears

Interest rates that are higher for longer will make it even more difficult for the group to raise new funds and grow its profitability.

Trading Information

Previous Close Price: SGD 2.52
Day Range: SGD 2.46–2.54
52-Week Range: SGD 2.45–3.18
Bid/Ask: SGD 2.47 / SGD 2.48
Shares Outstanding: 4.99B
Market Cap: SGD 12.33B
Volume/Avg: 18M / 11M

Key Statistics

Price/Earnings (Normalized): 39.86
Price/Sales: 5.92
Dividend Yield (Trailing): 4.86%
Dividend Yield (Forward): 4.86%
Dividend Payment Schedule: May
Total Yield: 4.86%

Company Profile

CapitaLand Investment is a Singapore-headquartered real estate investment management company with SGD 128 billion in total funds under management. The company has two core business segments: real estate investment and fee-income-related business. The majority of its earnings are derived from its real estate investment business, where it invests in a portfolio of office, retail, lodging, logistics, business parks, and data center assets for rental income. The firm also derives fee income from lodging management and management of underlying assets in investment vehicles such as an unlisted fund or REIT on behalf of its capital partners.

Sector: Real Estate
Industry: Real Estate Services
Stock Style Box: Large Core
Total Number of Employees: 9,900
Website: https://www.capitalandinvest.com

Competitors

Valuation

Metric	9CI	BN4	CHC
Price/Earnings (Normalized)	39.86	20.15	20.25
Price/Book Value	0.98	1.97	2.99
Price/Sales	5.92	2.83	19.64
Price/Cash Flow	41.90	29.28	—

Price/Earnings

9CI

BN4

CHC

Financial Strength

Metric	9CI	BN4	CHC
Quick Ratio	0.94	0.98	1.26
Current Ratio	0.98	1.19	1.97
Interest Coverage	1.86	3.40	15.29

Quick Ratio

9CI

BN4

CHC

Profitability

Metric	9CI	BN4	CHC
Return on Assets (Normalized)	2.38%	3.99%	13.31%
Return on Equity (Normalized)	4.55%	10.55%	17.30%
Return on Invested Capital (Normalized)	3.54%	5.74%	15.12%

Return on Assets

9CI

BN4

CHC

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