CapitaLand Investment (9CI.SI)

Real Estate · SGX · Singapore

S$2.51-2.71% today

Fundamentals

Market capS$12.68B

P/E ratio84.7

Dividend yield4.72%

Revenue growth (YoY)-24.6%

Profit margin6.8%

Return on equity1.2%

52-week rangeS$2.45 to S$3.18

Valuation and ratings

DCF fair valueS$2.52

Upside to fair value+0.4%

Analyst target (mean)S$3.41

Analyst rangeS$3.00 to S$4.19

Analysts covering15

Consensus viewstrong buy

Moat score41/100

Overall rating44/100, Reduce

CapitaLand Investment trades at S$2.51, close to the S$2.52 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.

Our moat model scores it 41 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 84.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

About CapitaLand Investment

CapitaLand Investment Limited is a leading global real asset manager with a strong Asia foothold. As at 31 December 2025, CLI had 125 billion dollars of funds under management. CLI holds stakes in eight listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in demographics, disruption and digitalization-themed strategies. Its diversified real asset classes include retail, office, lodging, industrial, logistics, business parks, wellness, self-storage, data centres and credit. CLI aims to scale its fund management, commercial management and lodging management businesses globally and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand Group's development arm. CLI is committed to growing in a responsible manner, delivering long-term economic value and contributing to the environmental and social well-being of its communities. CapitaLand Investment Limited is headquartered in Singapore. CapitaLand Investment Limited was incorporated in 2002 in Singapore.

Industry: Real Estate ServicesHQ: Singapore

9CI.SI passes 3 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Dividend powerhouses

Yields above 3%, filtered for the one thing yield screens never check: whether the company can actually afford it.

Low volatility defensives

Companies that move less than the market and pay you to wait. The holdings that let you sleep, and let you hold everything else.

Dividend aristocrats

Companies with long, unbroken records of raising their dividend. The record is the point: it is evidence, not a promise.

Common questions

Is CapitaLand Investment (9CI.SI) undervalued?

Against our discounted cash flow estimate of S$2.52, 9CI.SI at S$2.51 is 0% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is 9CI.SI's P/E ratio?

9CI.SI trades at 84.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.