Stocks / Real Estate
Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia.
S$2.150
Updated 14 Sept 2026, 22:00
- 1Y
- down-7.73%
- 1M
- down-2.71%
- 1D
- up+0.47%
AJBU Stock Overview
Keppel DC REIT: the trailing dividend looks covered; the latest balance sheet clears the basic coverage tests.
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 11.38 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 42.2% 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 42.3% · EPS 10.9%.
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.
Current ratio above 1
i
Current ratio
SGX ratios.currentRatio. Banks/insurers are skipped. Pass if ≥ 1.
Current ratio 1.42.
Debt / equity below 2.0
i
Debt / equity
SGX ratios.debtEquity. Pass if < 1 (REIT < 2). Banks skipped.
Debt / equity 0.50 (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).
Payout at or under 100% of EPS
i
Payout cover
ttm_dps / eps × 100. Skip if EPS ≤ 0. REIT pass ≤ 100%, others ≤ 90%.
Payout 37.4% 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 −7.73%.
Cash covers total debt
i
Cash vs debt
Pass if latest balance-sheet cash ≥ totalDebt. Banks skipped.
Reported debt is larger than cash.
Forward yield above 4%
i
Yield ≥ 4%
Same stored percent yield. Pass if ≥ 4.
Forward yield 3.87%.
Five-pillar score from the last SGX quote, filings, and featured peers. Not a DCF. Not a live tape.
- Open
- S$2.140
- High
- S$2.150
- Low
- S$2.120
- Volume (session)
- 16.98M
- Prev Close
- S$2.140
-11.9% from high · +0.9% from low
- Dividend Yield
- 3.87%forward
- P/E
- 11.38
- 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 14 Sept 2026, 14:00 · 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
- 11.38×
- Last earnings
- S$427.82M
Latest filing
- Forward yield
- 3.87%
- P/B
- 1.40
- 1-year return
- down-7.73%
1. Valuation
Valuation score 2/4
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 11.38 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 1.40 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 3.87% vs peer median 4.66%.
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 6% 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 4/4
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 42.2% year on year.
Revenue grew at least 10%
i
Revenue ≥ 10%
Same revenue input. Pass if YoY ≥ 10%.
Revenue 42.2% 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 42.3% · EPS 10.9%.
Five-year revenue growth
i
Five-year revenue
SGX fiveYearRevenueGrowth × 100. Skip if SGX did not publish it.
Five-year revenue 10.7%.
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 −7.73%.
1-year return above 10%
i
1-year ≥ 10%
Same 1-year price return. Pass if ≥ 10%.
1-year total return −7.73%.
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 −4.44%.
Earnings grew last year
i
Past earnings
Same net-income growth as the future pillar.
Net income 42.3% 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-2.71%
- 3 Month
- down-6.11%
- 6 Month
- down-4.44%
- YTD
- down-4.44%
- 1 Year
- down-7.73%
- 5 Year
- —
4. Financial Health
Financial Health score 4/6
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 1.42.
Current ratio above 1.5
i
Current ratio ≥ 1.5
Same SGX current ratio. Pass if ≥ 1.5.
Current ratio 1.42.
Debt / equity below 2.0
i
Debt / equity
SGX ratios.debtEquity. Pass if < 1 (REIT < 2). Banks skipped.
Debt / equity 0.50 (REIT threshold 2.0).
Debt / equity below 1.0
i
Stronger leverage
Same D/E. Pass if < 0.5 (REIT < 1).
Debt / equity 0.50.
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
- 1.42
- Debt / equity
- 0.50
Assets and liabilities
5. Dividend
Dividend score 5/6
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 3.87%.
Forward yield above 4%
i
Yield ≥ 4%
Same stored percent yield. Pass if ≥ 4.
Forward yield 3.87%.
Payout at or under 100% of EPS
i
Payout cover
ttm_dps / eps × 100. Skip if EPS ≤ 0. REIT pass ≤ 100%, others ≤ 90%.
Payout 37.4% of EPS.
Payout above 20% of EPS
i
Payout ≥ 20%
Same payout formula. Pass if ≥ 20% of EPS.
Payout 37.4% of EPS.
Regular payout schedule
i
Payout frequency
Count of TTM cash dividends. Pass if ≥ 2.
Trailing frequency looks quarterly.
- Payout ratio
- 37.41%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 4.66%
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$441.36M | |
| Operating Income | S$331.64M | |
| Net Income | S$427.82M | |
| Diluted EPS | S$0.1854 | |
| Operating Cash Flow | S$262.83M | |
| Dividends Paid | -S$203.99M | |
| Cash | S$195.77M | |
| Total Debt | S$2.39B | |
| Total Equity | S$4.23B | |
| Book Value / Share | S$1.7052 |
Historical Valuation
Key Statistics
Performance
- 1 Month
- down-2.71%
- 3 Month
- down-6.11%
- 6 Month
- down-4.44%
- YTD
- down-4.44%
- 1 Year
- down-7.73%
- 5 Year
- —
- 52-Week Range
- S$2.130 – S$2.440
- From 52-Week High
- down-11.89%
- From 52-Week Low
- up+0.94%
- Avg Daily Volume
- 32.03M
- Volume (session)
- 16.98M
- 4-Week
- down-1.09%
- 13-Week
- down-2.05%
- 26-Week
- down-0.30%
- 52-Week
- down-1.50%
Valuation
- Market Cap
- S$5.90B
- Sales TTM
- S$472.10M
- P/E
- 11.38
- P/B
- 1.40
- P/CF
- 17.27
- EPS
- S$0.1854
- Shares Outstanding
- 2,444,525,568
Financial
- ROE
- 11.35%
- ROA
- 6.89%
- Operating Margin
- 75.11%
- Net Margin
- 96.44%
- Current Ratio
- 1.42
- Quick Ratio
- 1.21
- Debt / Equity
- 0.50
- Revenue Growth YoY
- up+42.24%
- Net Income Growth YoY
- up+42.29%
- EPS Growth YoY
- up+10.93%
- 3Y Revenue Growth
- up+16.75%
- 5Y Revenue Growth
- up+10.69%
- Sales Change
- up+42.24%
Dividend
- Forward Yield
- 3.87%
- Indicated DPS
- S$0.1000from last quote
- TTM DPS
- S$0.0694trailing 12 months
- Frequency
- Quarterly
- Payout Ratio
- 37.41%TTM DPS / EPS
- Last Ex-Date
- 07 Sept 2026
- Last DPS
- S$0.0020
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 |
|---|---|---|---|---|---|---|---|
| AJBU | Keppel DC REIT | S$2.150 | up+0.47% | S$5.90B | 11.38 | 1.40 | 3.87% |
| C38U | CapitaLand Integrated Commercial Trust | S$2.300 | up+0.88% | S$17.97B | 14.10 | 1.05 | 4.66% |
| 9CI | CapitaLand Investment Ltd | S$2.630 | up+1.15% | S$13.03B | 70.54 | 1.04 | 4.60% |
| A17U | CapitaLand Ascendas REIT | S$2.330 | down-0.43% | S$11.69B | 14.56 | 1.00 | 3.20% |
| M44U | Mapletree Logistics Trust | S$1.110 | down-0.89% | S$5.79B | 22.60 | 0.82 | 6.43% |
| ME8U | Mapletree Industrial Trust | S$1.900 | down-0.52% | S$5.48B | 27.43 | 1.11 | 6.54% |
Company
Keppel DC REIT is the first pure-play data centre REIT listed in Asia on the Singapore Exchange. The REIT's investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes as well as real estate-related assets. With a quality portfolio of assets located in key data centre hubs across Asia Pacific and Europe, the Manager aims to deliver sustainable returns to investors by capturing value from the data centre industry. Keppel DC REIT is managed by Keppel DC REIT Management Pte. Ltd. (the Manager). Keppel Capital Holdings Pte. Ltd. has a 50% interest in the Manager, with the remaining interest held by Keppel Telecommunications & Transportation Ltd.
- Sector
- Real Estate
- Industry
- REIT - Office
- Employees
- 14
- Listed
- 12 Dec 2014
- Incorporated
- 17 Mar 2011
- Market
- MAINBOARD
- Registered Office
- 1 Harbourfront Avenue, Level 2, Keppel Bay Tower, Singapore 098632
Announcements
SGX company announcements for this counter, as filed. We hold announcements from the past 400 days.
- 10 Sept 2026Disclosure of Interest/ Changes in Interest of Trustee-Manager/Responsible Person Disclosure of Interest/ Changes in Interest
- 10 Sept 2026Change in Interest of Substantial Unitholder(s) Disclosure of Interest/ Changes in Interest
- 02 Sept 2026Request for Lifting of Trading Halt Request for Lifting of Trading Halt
- 01 Sept 2026Acquisition of two hyperscale colocation data centres located in Inzai City, Greater Tokyo, Japan Asset Acquisitions and Disposals
- 01 Sept 2026ChoiceCash Dividend/ Distribution
- 01 Sept 2026MandatoryCash Dividend/ Distribution
- 01 Sept 2026Launch of Private Placement to raise gross proceeds of no less than approximately S$600.0 million Placements
- 31 Aug 2026Use of Proceeds from the Preferential Offering General Announcement
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
Frequently Asked Questions
How is the Keppel DC REIT dividend yield on this page calculated?
Keppel DC REIT shows a yield of 3.87% and indicated DPS of S$0.1000. 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 Keppel DC REIT payout ratio?
Keppel DC REIT pays out 37.41% 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 Keppel DC REIT P/E ratio mean?
Keppel DC REIT has a P/E of 11.38 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 Keppel DC REIT?
Keppel DC REIT has a stored 52-week range of S$2.130 to S$2.440 from SGX history. That is the extreme of last prices we keep, not a forecast.