Stocks / Real Estate
CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalization of 18.2 billion as at 31 December 2025.
S$2.280
Updated 11 Sept 2026, 17:20
- 1Y
- down-0.87%
- 1M
- down-9.16%
- 1D
- unchanged0.00%
C38U Stock Overview
CapitaLand Integrated Commercial Trust: the trailing dividend looks covered.
What holds up
P/E below sector peers
i
P/E vs sector peers
Pass if this stock’s trailing P/E (SGX screener) is strictly below the median P/E of other same-sector names on the page. Yahoo P/E is not used.
P/E 14.10 vs peer median 22.60.
Revenue grew last year
i
Revenue growth
SGX growthRates.revenueGrowth × 100, or (newest − previous) / |previous| from income statements if growth is empty.
Revenue 2.07% year on year.
Earnings grew last year
i
Earnings growth
Net-income growth from SGX, else two newest income rows. Pass if the figure is positive.
Net income 0.39% · EPS −2.94%.
Last reported period was profitable
i
Profitable period
Pass if the newest income statement netIncome (else netIncomeAfterTaxes) is > 0.
Latest reported net income is positive.
Debt / equity below 2.0
i
Debt / equity
SGX ratios.debtEquity. Pass if < 1 (REIT < 2). Banks skipped.
Debt / equity 0.57 (REIT threshold 2.0).
Positive operating cash flow
i
Operating cash flow
Pass if latest cashFromOperatingAct > 0.
Latest operating cash flow is on file.
Paid a dividend in the last 12 months
i
TTM dividend
Sum of dividend amounts with ex-date in (today_sg − 365, today_sg]. Parsed from SGX corporate-action particulars.
Trailing DPS is on file (4 payouts).
Forward yield above 4%
i
Yield ≥ 4%
Same stored percent yield. Pass if ≥ 4.
Forward yield 4.66%.
Payout at or under 100% of EPS
i
Payout cover
ttm_dps / eps × 100. Skip if EPS ≤ 0. REIT pass ≤ 100%, others ≤ 90%.
Payout 42.1% of EPS.
What to watch
Positive 1-year return
i
1-year return
Price-only: (last close − close on or before last_date − 365d) / that close. Not total return with dividends reinvested.
1-year total return −0.87%.
Current ratio above 1
i
Current ratio
SGX ratios.currentRatio. Banks/insurers are skipped. Pass if ≥ 1.
Current ratio 0.58.
Cash covers total debt
i
Cash vs debt
Pass if latest balance-sheet cash ≥ totalDebt. Banks skipped.
Reported debt is larger than cash.
Five-pillar score from the last SGX quote, filings, and featured peers. Not a DCF. Not a live tape.
- Open
- S$2.280
- High
- S$2.300
- Low
- S$2.270
- Volume (session)
- 49.53M
- Prev Close
- S$2.280
-11.3% from high · +3.2% from low
- Dividend Yield
- 4.66%forward
- P/E
- 14.10
- Analyst Target
i
Mean sell-side target
Empty until a named source exists. Not a SharePrice.sg fair value, and not a hidden estimate.
- —
Last updated Quote 11 Sept 2026, 17:20 · Screener 11 Sept 2026, 17:20 · History 11 Sept 2026, 17:20 · Filings 11 Sept 2026, 17:23 · Dividends 11 Sept 2026, 17:21 · Analysts not ingested
Price History
Fundamentals
- P/E
- 14.10×
- Last earnings
- S$937.29M
Latest filing
- Forward yield
- 4.66%
- P/B
- 1.05
- 1-year return
- down-0.87%
1. Valuation
Valuation score 3/4
Is this name cheap against the mean analyst target and its SGX peers?
Below mean analyst target
i
Mean analyst target
Pass if last SGX price is strictly below fundamentals.target_mean_price from Yahoo quoteSummary. Not a SharePrice.sg DCF. Formula: (target − price) / price.
No mean analyst target in our data.
At least 10% below target
i
10% upside vs mean target
Same inputs as below-target. Pass if upside ≥ 10%.
No mean analyst target in our data.
P/E below sector peers
i
P/E vs sector peers
Pass if this stock’s trailing P/E (SGX screener) is strictly below the median P/E of other same-sector names on the page. Yahoo P/E is not used.
P/E 14.10 vs peer median 22.60.
P/B below sector peers
i
P/B vs sector peers
Pass if SGX screener P/B is strictly below the peer median.
P/B 1.05 vs peer median 1.04.
Yield above sector peers
i
Yield vs sector peers
Yield is SGX screener dividendYield stored as percent. Pass if this name is strictly above the peer median.
Yield 4.66% vs peer median 4.60%.
Below the 52-week midpoint
i
52-week midpoint
through = (price − low) / (high − low). High/low from last 252 historic bars when we have ≥ 20, else the quote fields.
Sitting 19% of the way through the 52-week range.
Need a last price and a mean target to draw this track.
P/E versus featured peers
Peer median 22.60×
2. Future Growth
Future Growth score 3/4
Is the business growing, and does the Street still see upside?
Analysts see upside
i
Street upside
Same formula as below-target. Skip when Yahoo did not return a target.
No mean analyst target in our data.
Buy or outperform consensus
i
Consensus rating
Pass on buy / strong buy / outperform from Yahoo recommendationKey. Not an SGX figure.
No sell-side recommendation in our data.
Revenue grew last year
i
Revenue growth
SGX growthRates.revenueGrowth × 100, or (newest − previous) / |previous| from income statements if growth is empty.
Revenue 2.07% year on year.
Revenue grew at least 10%
i
Revenue ≥ 10%
Same revenue input. Pass if YoY ≥ 10%.
Revenue 2.07% year on year.
Earnings grew last year
i
Earnings growth
Net-income growth from SGX, else two newest income rows. Pass if the figure is positive.
Net income 0.39% · EPS −2.94%.
Five-year revenue growth
i
Five-year revenue
SGX fiveYearRevenueGrowth × 100. Skip if SGX did not publish it.
Five-year revenue 16.8%.
We have not sourced a sell-side forecast or a mean target. This chapter only scores filing growth. Missing years stay a dash — not a 4% stub.
3. Past Performance
Past Performance score 2/5
Have shareholders and earnings compounded over the last year and five?
Positive 1-year return
i
1-year return
Price-only: (last close − close on or before last_date − 365d) / that close. Not total return with dividends reinvested.
1-year total return −0.87%.
1-year return above 10%
i
1-year ≥ 10%
Same 1-year price return. Pass if ≥ 10%.
1-year total return −0.87%.
Positive 5-year return
i
5-year return
Price-only vs close on or before last_date − 1825d.
Not enough price history for a 5-year return.
Positive year-to-date return
i
YTD return
Vs last close of the previous calendar year, else first close this year.
Year-to-date −4.60%.
Earnings grew last year
i
Past earnings
Same net-income growth as the future pillar.
Net income 0.39% year on year.
Last reported period was profitable
i
Profitable period
Pass if the newest income statement netIncome (else netIncomeAfterTaxes) is > 0.
Latest reported net income is positive.
- 1 Month
- down-9.16%
- 3 Month
- down-2.56%
- 6 Month
- down-2.56%
- YTD
- down-4.60%
- 1 Year
- down-0.87%
- 5 Year
- —
4. Financial Health
Financial Health score 3/6
Can the balance sheet carry the debt and cover near-term bills?
Current ratio above 1
i
Current ratio
SGX ratios.currentRatio. Banks/insurers are skipped. Pass if ≥ 1.
Current ratio 0.58.
Current ratio above 1.5
i
Current ratio ≥ 1.5
Same SGX current ratio. Pass if ≥ 1.5.
Current ratio 0.58.
Debt / equity below 2.0
i
Debt / equity
SGX ratios.debtEquity. Pass if < 1 (REIT < 2). Banks skipped.
Debt / equity 0.57 (REIT threshold 2.0).
Debt / equity below 1.0
i
Stronger leverage
Same D/E. Pass if < 0.5 (REIT < 1).
Debt / equity 0.57.
Cash covers total debt
i
Cash vs debt
Pass if latest balance-sheet cash ≥ totalDebt. Banks skipped.
Reported debt is larger than cash.
Positive operating cash flow
i
Operating cash flow
Pass if latest cashFromOperatingAct > 0.
Latest operating cash flow is on file.
- Current ratio
- 0.58
- Debt / equity
- 0.57
Assets and liabilities
5. Dividend
Dividend score 6/6
Does it pay a covered, regular Singapore-dollar dividend?
Paid a dividend in the last 12 months
i
TTM dividend
Sum of dividend amounts with ex-date in (today_sg − 365, today_sg]. Parsed from SGX corporate-action particulars.
Trailing DPS is on file (4 payouts).
Forward yield above 2%
i
Yield ≥ 2%
SGX screener yield stored as percent. Pass if ≥ 2.
Forward yield 4.66%.
Forward yield above 4%
i
Yield ≥ 4%
Same stored percent yield. Pass if ≥ 4.
Forward yield 4.66%.
Payout at or under 100% of EPS
i
Payout cover
ttm_dps / eps × 100. Skip if EPS ≤ 0. REIT pass ≤ 100%, others ≤ 90%.
Payout 42.1% of EPS.
Payout above 20% of EPS
i
Payout ≥ 20%
Same payout formula. Pass if ≥ 20% of EPS.
Payout 42.1% of EPS.
Regular payout schedule
i
Payout frequency
Count of TTM cash dividends. Pass if ≥ 2.
Trailing frequency looks quarterly.
- Payout ratio
- 42.09%TTM DPS / EPS
- Frequency
- Quarterlytrailing 12 months
Full ex-date history, TTM cash, payout and the calculator are on the dividends page.
Forward yield versus featured peers
Peer median 4.60%
Financials
Latest reported periods. Compact SGD. A dash means the line was not filed for that date.
| Line | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | S$1.62B | |
| Operating Income | S$1.08B | |
| Net Income | S$937.29M | |
| Diluted EPS | S$0.1290 | |
| Operating Cash Flow | S$1.10B | |
| Dividends Paid | -S$750.13M | |
| Cash | S$149.45M | |
| Total Debt | S$10.01B | |
| Total Equity | S$16.49B | |
| Book Value / Share | S$2.1577 |
Historical Valuation
Key Statistics
Performance
- 1 Month
- down-9.16%
- 3 Month
- down-2.56%
- 6 Month
- down-2.56%
- YTD
- down-4.60%
- 1 Year
- down-0.87%
- 5 Year
- —
- 52-Week Range
- S$2.210 – S$2.570
- From 52-Week High
- down-11.28%
- From 52-Week Low
- up+3.17%
- Avg Daily Volume
- 64.56M
- Volume (session)
- 49.53M
- 4-Week
- down-6.49%
- 13-Week
- down-1.27%
- 26-Week
- up+0.44%
- 52-Week
- up+3.75%
Valuation
- Market Cap
- S$17.97B
- Sales TTM
- S$1.68B
- P/E
- 14.10
- P/B
- 1.05
- P/CF
- 15.82
- EPS
- S$0.1290
- Shares Outstanding
- 7,535,960,317
Financial
- ROE
- 5.89%
- ROA
- 3.54%
- Operating Margin
- 66.52%
- Net Margin
- 59.26%
- Current Ratio
- 0.58
- Quick Ratio
- 0.17
- Debt / Equity
- 0.57
- Revenue Growth YoY
- up+2.07%
- Net Income Growth YoY
- up+0.39%
- EPS Growth YoY
- down-2.94%
- 3Y Revenue Growth
- up+3.94%
- 5Y Revenue Growth
- up+16.79%
- Sales Change
- up+2.07%
Dividend
- Forward Yield
- 4.66%
- Indicated DPS
- S$0.1064from last quote
- TTM DPS
- S$0.0543trailing 12 months
- Frequency
- Quarterly
- Payout Ratio
- 42.09%TTM DPS / EPS
- Last Ex-Date
- 18 Aug 2026
- Last DPS
- S$0.0019
Peer Comparison
Featured names in Real Estate with a stored quote. This listing is the first row.
| Code | Name | Price | Change | Mkt Cap | P/E | P/B | Div Yield |
|---|---|---|---|---|---|---|---|
| C38U | CapitaLand Integrated Commercial Trust | S$2.280 | unchanged0.00% | S$17.97B | 14.10 | 1.05 | 4.66% |
| 9CI | CapitaLand Investment Ltd | S$2.600 | down-0.38% | S$13.03B | 70.54 | 1.04 | 4.60% |
| A17U | CapitaLand Ascendas REIT | S$2.340 | unchanged0.00% | S$11.69B | 14.56 | 1.00 | 3.20% |
| AJBU | Keppel DC REIT | S$2.140 | down-0.47% | S$5.90B | 11.38 | 1.40 | 3.87% |
| M44U | Mapletree Logistics Trust | S$1.120 | down-0.89% | S$5.79B | 22.60 | 0.82 | 6.43% |
| ME8U | Mapletree Industrial Trust | S$1.910 | down-0.52% | S$5.48B | 27.43 | 1.11 | 6.54% |
Company
CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.5 billion as at 31 December 2021. It made its debut on SGX-ST as CapitaLand Mall Trust (CMT) in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust (CCT). CICT owns and invests in quality income-producing assets primarily used for commercial (including retail and/ or office) purpose, located predominantly in Singapore. As the largest proxy for Singapore commercial real estate, CICT's portfolio comprises 21 properties in Singapore and two in Frankfurt, Germany, with a total property value of S$22.5 billion as at 31 December 2021. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited (CLI), a leading global real estate investment manager with a strong Asia foothold.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Employees
- 505
- Listed
- 17 Jul 2002
- Incorporated
- 29 Oct 2001
- Market
- MAINBOARD
- Registered Office
- 168 Robinson Road, #30-01 Capital Tower, Singapore 068912
Announcements
SGX company announcements for this counter, as filed. We hold announcements from the past 400 days.
- 11 Sept 2026Payment of acquisition fee and base component of management fee by way of issue of units in CICT General Announcement
- 08 Sept 2026Issuance of SGD400M of 2.646% Fixed Rate Green Notes due 8 Sep 2031 under USD7B Euro-MTN ProgrammeGeneral Announcement
- 02 Sept 2026Exercise of Call Option in Relation to the Sale of 100% Interest in Asia Square Tower 2Asset Acquisitions and Disposals
- 01 Sept 2026Appointment of Additional Member to the Audit and Risk CommitteeGeneral Announcement
- 31 Aug 2026Change in Interest of Substantial Unitholder: BlackRock, Inc.Disclosure of Interest/ Changes in Interest
- 26 Aug 2026Change in Interest of Substantial Unitholder: BlackRock, Inc.Disclosure of Interest/ Changes in Interest
- 25 Aug 2026Change in Interest of Substantial Unitholder: BlackRock, Inc.Disclosure of Interest/ Changes in Interest
- 19 Aug 2026Change in Interest of Substantial Unitholder: BlackRock, Inc.Disclosure of Interest/ Changes in Interest
Reports
Annual, interim and related documents SGX lists for this counter. The file lives on SGX; we store the link.
More research
On-site tools this quote page already has. Compare, screen, calendars and movers — not a broker terminal and not scraped news.
- Dividend historyEx-dates, DPS, payout, calculator
- Price historyDaily open, high, low, close, volume
- Company profileSector, listing, about
- Compare stocksSide-by-side with featured names
- Stock screenerFilter the SGX list
- Upcoming dividendsMarket-wide ex-dates
- Earnings calendarUpcoming reporting dates
- Market moversGainers, losers, volume
- Best dividend stocksYield screen
- Learn the numbersQuote, banks, yield, P/B
- Straits Times IndexSTI constituents
Frequently Asked Questions
How is the CICT dividend yield on this page calculated?
CICT shows a yield of 4.66% and indicated DPS of S$0.1064. That yield is the SGX screener figure, stored as a percent. Trailing cash from SGX corporate actions is listed separately as TTM DPS. Neither figure is a forecast of the next dividend.
What is the CICT payout ratio?
CICT pays out 42.09% of EPS on a trailing DPS / EPS basis. We skip the ratio when EPS is missing or not positive. It is a coverage figure, not a promise of the next dividend.
What does the CICT P/E ratio mean?
CICT has a P/E of 14.10 from the last SGX screener snapshot. For an S-REIT, reported earnings can include property fair-value moves, so P/E is a weak first look next to distribution. That is not a verdict on cheap or expensive.
What is the 52-week range for CICT?
CICT has a stored 52-week range of S$2.210 to S$2.570 from SGX history. That is the extreme of last prices we keep, not a forecast.