Frasers Centrepoint Trust is a leading developer-sponsored retail real estate investment trust and one of the largest suburban retail mall owners in Singapore. With assets under management of approximately S6.5 billion dollars. FCT's property portfolio comprises nine retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities. The retail portfolio has approximately 2.9 million square feet of net lettable area with over 1,600 leases with a strong focus on providing for necessity spending, food & beverage and essential services. The portfolio comprises Causeway Point, Century Square, Hougang Mall, NEX (25.5% effective interest), Northpoint North Wing (including Yishun 10 Retail Podium), Tampines 1, Tiong Bahru Plaza, Waterway Point (50.0% interest), White Sands and an office property (Central Plaza). FCT's malls enjoy stable and recurring shopper footfalls supported by commuter traffic and residential population in the catchment areas. FCT is an index constituent of several benchmark indices including the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), the Straits Times Index, FTSE ST Real Estate Investment Trust Index, MSCI Singapore Small Cap Index and SGX iEdge S-REIT Leaders Index. Listed on the Main Board of the Singapore Exchange Securities Trading Limited since 5 July 2006, FCT is managed by Frasers Centrepoint Asset Management Ltd. (FCAM), a real estate management company and a wholly owned subsidiary of Frasers Property Limited. Frasers Centrepoint Trust was established on June 05, 2006 and incorporated in Singapore.
Research context
Frasers Centrepoint Trust appears in PyInvesting’s Singapore Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- SGD
- Sector
- Real Estate
- Industry
- REIT - Retail
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5 years, 6 months ago
Frasers Centrepoint Trust is currently in a long term uptrend where the price is trading 1.7% above its 200 day moving average.
From a valuation standpoint, the stock is 84.9% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 17.3.
Frasers Centrepoint Trust's total revenue rose by 33.5% to $64M since the same quarter in the previous year.
Its net income has dropped by 35.1% to $78M since the same quarter in the previous year.
Finally, its free cash flow fell by 92.1% to $10M since the same quarter in the previous year.
Based on the above factors, Frasers Centrepoint Trust gets an overall score of 2/5.