CapitaLand Ascendas REIT's third-quarter portfolio occupancy rose 1 percentage point sequentially to 90.1%. Rental reversions accelerated to 9.9% from 5.2% in the second quarter, while aggregate leverage increased to 41.8% following SGD 638 million of logistics acquisitions in Singapore.
Lower-than-expected industrial land supply would support rental growth for the trust's industrial assets in Singapore.
The Singapore dollar continues to strengthen, resulting in the foreign assets dragging the trust's overall returns.
|
Metric
|
A17U
|
M44U
|
ME8U
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.63 | 19.87 | 25.47 |
Price/Book Value | 0.98 | 0.87 | 1.06 |
Price/Sales | 6.62 | 8.11 | 7.83 |
Price/Cash Flow | 13.42 | 14.36 | 13.97 |
|
Metric
|
A17U
|
M44U
|
ME8U
|
|---|---|---|---|
Quick Ratio | 0.13 | 0.81 | 0.32 |
Current Ratio | 0.13 | 1.09 | 0.33 |
Interest Coverage | 3.86 | 3.25 | 3.45 |
|
Metric
|
A17U
|
M44U
|
ME8U
|
|---|---|---|---|
Return on Assets (Normalized) | 4.65% | 2.21% | 2.50% |
Return on Equity (Normalized) | 8.62% | 4.67% | 4.25% |
Return on Invested Capital (Normalized) | 6.29% | 3.22% | 2.82% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Prologis Inc
PLD
| LOCK|X@!P!#h | LOCK|&h> | $123B | |||
| Public Storage
PSA
| LOCK|p@bd@#< | LOCK|n?R | $62B | |||
| Extra Space Storage Inc
EXR
| LOCK|q&#qt&C | LOCK|k^l | $33B | |||
| Segro PLC
SEGXF
| — | LOCK|Kh | $16B | |||
| EastGroup Properties Inc
EGP
| — | LOCK|G!yM | $11B | |||
| CubeSmart
CUBE
| LOCK|#Hr>$Vp | LOCK|#? | $10B | |||
| CapitaLand Ascendas REIT Units
ACDSF
| — | LOCK|fJj | $9B | |||
| Lineage Inc REIT
LINE
| LOCK|z?T?y>y | LOCK|QNR | $8B | |||
| Rexford Industrial Realty Inc
REXR
| — | LOCK|M& | $8B | |||
| Americold Realty Trust Inc
COLD
| LOCK|S&s@>gF | LOCK|nm^ | $4B |
United States