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CapitaLand Investment Limited (9CI) Fair Value & Analysis

Real Estate · SG · Market cap 12.4B SGD

CI CapitaLand Investment Limited 9CI · SG
Price2.49 SGD
Fair Value0.4900 SGD
Upside-80.3%
Quality61/100
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Evidence: Medium Range 0.3700 SGD – 0.9600 SGD

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price −2.7% over the past month.

Price vs Fair Value (12 months)

3.03 SGD 2.46 SGD Fair Value 0.4900 SGD Jul 2025 Jul 2026

12‑month range 2.46 SGD – 3.03 SGD · fair‑value band 0.3700 SGD – 0.9600 SGD · the 2.49 SGD price screens above the 0.4900 SGD fair value. As of Jul 4, 2026.

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Analysis

CapitaLand Investment Limited (9CI) currently trades at 2.49 SGD, while our model-based Fair Value estimate is 0.4900 SGD — implying the stock looks roughly 80.3% overvalued today. We read business quality at 61/100 (solid quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, CapitaLand Investment Limited generated revenue of 2.1B SGD at a net margin of 6.8%. Revenue declined 24.6% year over year. It earns a return on equity of 1.2%. Net debt stands at 5.9B SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 2.1B SGD
Revenue growth (YoY) -24.6%
Net margin 6.8%
Return on equity 1.2%
Free cash flow 479M SGD FY2025
P/E ratio 83.0
More key figures
Operating margin 27.5%
EPS (TTM) 0.0300 SGD
Dividend yield 4.8%
EPS growth (YoY) -10.9%
Net debt 5.9B SGD FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

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 …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CapitaLand Investment Limited reported revenue of 2.1B SGD in FY2025 versus 2.3B SGD in FY2021, a compound −1.8%/yr. Reported net income was 145M SGD in FY2025, compounding −42.7%/yr from FY2021.

Revenue −1.8%/yr
FY21 2.3B SGD
FY22 2.9B SGD
FY23 2.8B SGD
FY24 2.8B SGD
FY25 2.1B SGD
Net income −42.7%/yr
FY21 1.3B SGD
FY22 861M SGD
FY23 181M SGD
FY24 479M SGD
FY25 145M SGD

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Frequently asked questions

Is CapitaLand Investment Limited (9CI) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.4900 SGD versus a price of 2.49 SGD — about −80% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 9CI?
Our model-based fair value for CapitaLand Investment Limited is 0.4900 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 2.49 SGD.
What is the quality score of 9CI?
CapitaLand Investment Limited has a Quality Score of 61/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of CapitaLand Investment Limited (9CI)?
CapitaLand Investment Limited reported trailing-twelve-month revenue of about 2.1B SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 9CI?
The net profit margin of CapitaLand Investment Limited is about 6.8%, meaning it keeps roughly 6.8% of revenue as net income. Based on the latest reported figures.
Does CapitaLand Investment Limited pay a dividend?
CapitaLand Investment Limited currently shows a dividend yield of about 4.84% relative to its recent price (as of Jul 4, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.