Dasin Retail Trust (CEDU) Fair Value & Analysis
Real Estate · SG · Market cap 16.1M SGD
Fair value as of: Aug 13, 2026
From 13 valuation models · updated 4 days ago
Below-average quality, currently priced close to our fair value.
What matters now
- The price sits above even our optimistic bull case (0.0184 SGD). The favourable scenario is already priced in.
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- The models converge in a tight band (0.0176 SGD to 0.0184 SGD), unusually little disagreement for a valuation.
- As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range 0.0170 SGD – 0.6552 SGD · fair‑value band 0.0176 SGD – 0.0184 SGD · the 0.0200 SGD price screens above the 0.0184 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Dasin Retail Trust (CEDU) currently trades at 0.0200 SGD, while our model-based Fair Value estimate is 0.0184 SGD, implying the stock looks roughly 8.0% fairly valued today. The Quality Score stands at 45/100 (below-average 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).
Trailing-twelve-month revenue stands at 68.5M SGD. Revenue declined 15.6% year over year. It earns a return on equity of -38.7%. Net debt stands at 833M SGD. Fundamentals as of Aug 13, 2026
Our scenario range runs from 0.0176 SGD (bear case) to 0.0184 SGD (bull case); at 0.0200 SGD, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 29% below its 52-week high and 5% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at -8%, CEDU screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 13 models by family
Widest divergence: Multiples (0.9200 SGD) versus Dividend Discount (0.2200 SGD). Highest evidence: Growth DCF (80).
Notify me when CEDU reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 46 · Market factors (momentum, volatility) 45
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Dasin Retail Trust is Listed on the Mainboard of Singapore Exchange Securities Trading Limited on 20 January 2017, Dasin Retail Trust is the only China retail property trust listed on SGX-ST providing direct exposure to the Guangdong-Hong Kong-Macau Greater Bay Area (Greater Bay Area).
Full company description
Dasin Retail Trust is Listed on the Mainboard of Singapore Exchange Securities Trading Limited on 20 January 2017, Dasin Retail Trust is the only China retail property trust listed on SGX-ST providing direct exposure to the Guangdong-Hong Kong-Macau Greater Bay Area (Greater Bay Area). The Trust mandate is to invest in, own or develop land, uncompleted developments and income-producing real estate in Greater China (comprising the People Republic of China, Hong Kong and Macau), used primarily for retail purposes, as well as real estate related assets, with a focus on retail malls. As at 31 December 2021, the Trust portfolio comprises seven retail malls located in Zhongshan, Zhuhai and Foshan cities in Guangdong, PRC, valued at approximately RMB11.3 billion (2.4 billion dollars). These properties host a tenant base of over 500 local and international retailers. Dasin Retail Trust is managed by Dasin Retail Trust Management Pte. Ltd. in its capacity as the Trustee- Manager (Trustee-Manager). The Trustee-Manager strives to provide unitholders of Dasin Retail Trust (Unitholders) with an attractive rate of return on their investment through regular and stable distributions and to achieve long-term sustainable growth in distribution per unit, while maintaining an appropriate capital structure. Dasin Retail Trust was incorporated in Singapore.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2018 – FY2022 · reported fiscal years
Dasin Retail Trust reported revenue of 85.3M SGD in FY2022 versus 71.3M SGD in FY2018, a compound +4.6%/yr. Reported net income was −278M SGD in FY2022.
Watch CEDU: get an alert when its fair value changes →
Peer Group
Real Estate - Development · 590 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Real Estate - Development median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| DLF Limited DLF | ₹661.75 | ₹146.13 | -78% |
| Lodha Developers Limited LODHA | ₹1,209 | ₹583.43 | -52% |
| PT Pantai Indah Kapuk Dua Tbk, PANI | 6,050 IDR | 1,330 IDR | -78% |
| PT Jaya Real Property, Tbk., JRPT | 1,080 IDR | 1,674 IDR | +55% |
| PT Bumi Serpong Damai Tbk, BSDE | 595.00 IDR | 1,488 IDR | +150% |
| PT Sentul City Tbk, BKSL | 73.00 IDR | 84.16 IDR | +15% |
| PT Ciputra Development Tbk, CTRA | 610.00 IDR | 1,525 IDR | +150% |
| PT Duta Pertiwi Tbk DUTI | 4,300 IDR | 6,239 IDR | +45% |
| PT Puradelta Lestari Tbk DMAS | 147.00 IDR | 164.33 IDR | +12% |
| Phat Dat Real Estate Development Corporation PDR | 12,100 VND | 4,943 VND | -59% |
Compare Dasin Retail Trust with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Real Estate stocks →
Frequently asked questions
Is Dasin Retail Trust (CEDU) overvalued or undervalued?
What is the fair value of CEDU?
What is the quality score of CEDU?
What is the revenue of Dasin Retail Trust (CEDU)?
What is the net profit margin of CEDU?
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.
Track Dasin Retail Trust and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.