Reassessing CapitaLand Investment (SGX:9CI)’s Valuation After New China Sub-Fund and US$650m Ascott Vehicle Closures

Simply Wall St.12-18

CapitaLand Investment (SGX:9CI) has just wrapped up its second onshore China sub fund and a US$650 million Ascott lodging vehicle, underscoring how fee based capital strategies are shaping the stock’s...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2592926067?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/7312000-choice2-main-header/1585186669177","is_english":true,"pubTime":"2025-12-18 07:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2592926067","market":"us","top_or_hot":-1,"title":"Reassessing CapitaLand Investment (SGX:9CI)’s Valuation After New China Sub-Fund and US$650m Ascott Vehicle Closures","media":"Simply Wall St.","content":"<div>\n<p>CapitaLand Investment (SGX:9CI) has just wrapped up its second onshore China sub fund and a US$650 million Ascott lodging vehicle, underscoring how fee based capital strategies are shaping the stock’s...</p>\n\n<a href=\"https://simplywall.st/stocks/sg/real-estate-management-and-development/sgx-9ci/capitaland-investment-shares/news/reassessing-capitaland-investment-sgx9cis-valuation-after-ne\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reassessing CapitaLand Investment (SGX:9CI)’s Valuation After New China Sub-Fund and US$650m Ascott Vehicle Closures</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReassessing CapitaLand Investment (SGX:9CI)’s Valuation After New China Sub-Fund and US$650m Ascott Vehicle Closures\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-18 07:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/sg/real-estate-management-and-development/sgx-9ci/capitaland-investment-shares/news/reassessing-capitaland-investment-sgx9cis-valuation-after-ne><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CapitaLand Investment (SGX:9CI) has just wrapped up its second onshore China sub fund and a US$650 million Ascott lodging vehicle, underscoring how fee based capital strategies are shaping the stock’s...</p>\n\n<a href=\"https://simplywall.st/stocks/sg/real-estate-management-and-development/sgx-9ci/capitaland-investment-shares/news/reassessing-capitaland-investment-sgx9cis-valuation-after-ne\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999016042.SGD","symbol_name":"Schroder Singapore Trust A Acc SGD","start_time":0,"source_url":"https://simplywall.st/stocks/sg/real-estate-management-and-development/sgx-9ci/capitaland-investment-shares/news/reassessing-capitaland-investment-sgx9cis-valuation-after-ne","article_id":"2592926067","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/7312000-choice2-main-header/1585186669177"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/sg/real-estate-management-and-development/sgx-9ci/capitaland-investment-shares/news/reassessing-capitaland-investment-sgx9cis-valuation-after-ne","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2592926067","pubTimestamp":1766014908,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"CapitaLand Investment (SGX:9CI) has just wrapped up its second onshore China sub fund and a US$650 million Ascott lodging vehicle, underscoring how fee based capital strategies are shaping the stock’s appeal.\nSee our latest analysis for CapitaLand Investment.\nDespite these steady fund launches and growing exposure to data centres and India, the 1 year total shareholder return is a modest 8.9 percent and the 3 year total shareholder return remains negative. This suggests longer term sentiment...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU1316543674.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A3 SGD","BK6139":"房地产运营公司","LU2088748293.HKD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"AHD\" (HKD) INC","LU0918141887.USD":"安联亚洲实际收益股票基金","SG9999001127.SGD":"United Singapore Growth Fund SGD","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","BK6516":"银行与投资服务概念","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","9CI.SI":"凯德投资","LU2088748020.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"ADM\" (USD) INC A","BK6523":"ESG概念","LU2088748376.SGD":"Eastspring Investments - Asia Real Estate Multi Asset Income Cl ASDM SGD-H","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","LU2226123227.USD":"Janus Henderson Horizon Asia-Pacific Property Income A5m USD","LU2226123490.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A5m SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","BK6110":"房地产经营公司","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU0229494975.USD":"骏利亨德森亚太地产股票基金","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999013478.USD":"利安新加坡股息基金","LU2088747998.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"ADM\" (USD) INC","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","SG9999004253.SGD":"Nikko AM Shenton Global Property Securities SGD","SG9999002406.SGD":"利安新加坡信托基金","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","LU2088747725.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"A\" (USD) ACC"},"translate_title":"在新中国子基金和雅诗阁汽车关闭6.5亿美元后，重新评估凯德置地投资(SGX：9CI)的估值","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"9CI.SI":1.5},"content_text":"CapitaLand Investment (SGX:9CI) has just wrapped up its second onshore China sub fund and a US$650 million Ascott lodging vehicle, underscoring how fee based capital strategies are shaping the stock’s appeal. See our latest analysis for CapitaLand Investment. Despite these steady fund launches and growing exposure to data centres and India, the 1 year total shareholder return is a modest 8.9 percent and the 3 year total shareholder return remains negative. This suggests longer term sentiment is still rebuilding even as near term momentum improves. If CapitaLand Investment’s platform strategy interests you, it can be worth scanning beyond real assets and discovering fast growing stocks with high insider ownership for other ideas where growth and alignment with insiders could be stronger. With analyst targets implying nearly 30 percent upside but three year returns still in the red, are investors overlooking CapitaLand Investment’s fee based growth engine, or is the market already pricing in its next leg of expansion? Most Popular Narrative Narrative: 22.9% Undervalued CapitaLand Investment’s most followed narrative pegs fair value at around SGD3.44 versus the last close at SGD2.65, framing a sizeable valuation gap that hinges on aggressive margin expansion and earnings compounding.  Strategic expansion into the private credit sector through the Wingate acquisition, with ambitions to scale private credit from $3 billion to $20 billion to $30 billion AUM, positions the company to capture early-mover advantage in a rapidly expanding segment and significantly boost recurring fee and performance income, supporting revenue and net margin uplift over the medium to long term.  Read the complete narrative. Want to see why slower top line projections still point to powerful earnings growth? The secret lies in bolder margins and richer fee income. Curious which assumptions really stretch the profit multiple behind this fair value call? Dive in to uncover the numbers driving this narrative. Result: Fair Value of $3.44 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, prolonged China headwinds or integration missteps with acquisitions like Wingate could delay capital recycling, compress fee yields and undermine the margin expansion story. Find out about the key risks to this CapitaLand Investment narrative. Another Lens On Value On a simple price to earnings basis, CapitaLand Investment looks far less forgiving, trading at about 30.4 times earnings versus 17.9 times for the Singapore real estate sector and a fair ratio of 21.5 times. This tilts the risk reward toward de rating rather than re rating if execution slips. See what the numbers say about this price — find out in our valuation breakdown. SGX:9CI PE Ratio as at Dec 2025 Build Your Own CapitaLand Investment Narrative If you would rather test the assumptions yourself and challenge this view, you can build a fresh, data driven narrative in minutes: Do it your way. A great starting point for your CapitaLand Investment research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision. Ready for more investment ideas? Before you move on, lock in your next opportunities with targeted stock ideas powered by real fundamentals, not hype, so you are never caught reacting late.  Capture potential mispricing early by scanning these 914 undervalued stocks based on cash flows that the market may be overlooking today but cash flows suggest still have room to run. Ride powerful structural shifts in medicine by focusing on these 30 healthcare AI stocks that blend innovation with real world adoption and growing demand. Boost your income stream by reviewing these 12 dividend stocks with yields > 3% that offer attractive yields while still maintaining solid business quality.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.Mobile Infrastructure for Defense and DisasterThe next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.Get the investor briefing before the next round of contractsSponsored On Behalf of CiTechNew: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592926067","isCrawlerRequest":true}