Frasers Centrepoint Trust (J69U) Fair Value & Analysis
Real Estate · SG · Market cap 4.5B SGD
Fair value as of: Jul 4, 2026
From 24 valuation models · updated yesterday
Share price −0.4% over the past month.
Price vs Fair Value (12 months)
12‑month range 2.07 SGD – 2.32 SGD · fair‑value band 0.8400 SGD – 1.56 SGD · the 2.25 SGD price screens above the 1.12 SGD fair value. As of Jul 4, 2026.
✦ Which stocks are undervalued right now? Check free Discover now →Analysis
Frasers Centrepoint Trust (J69U) currently trades at 2.25 SGD, while our model-based Fair Value estimate is 1.12 SGD — implying the stock looks roughly 50.2% overvalued today. We read business quality at 60/100 (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: high).
Over the trailing twelve months, Frasers Centrepoint Trust generated revenue of 499M SGD at a net margin of 45.6%. Revenue grew 21.9% year over year. It earns a return on equity of 5.1%. Net debt stands at 2.0B SGD. Fundamentals as of Jul 4, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.
About the company
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 …
Revenue & earnings trend
FY2020 – FY2024 · reported fiscal years
Frasers Centrepoint Trust reported revenue of 352M SGD in FY2024 versus 164M SGD in FY2020, a compound +20.9%/yr. Reported net income was 198M SGD in FY2024, compounding +6.8%/yr from FY2020.
Is J69U fairly valued? → Check now
Similar stocks
6 more REIT - Retail stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Simon Property Group SPG | $222.15 | $86.11 | -61% |
| Realty Income Corporation O | 1,055 MXN | 547.99 MXN | -48% |
| Unibail-Rodamco-Westfield SE UNBLF | $117.90 | $115.29 | -2% |
| Kimco Realty Corporation KIM | $24.69 | $14.74 | -40% |
| Scentre Group STGPF | $2.73 | $2.40 | -12% |
| CapitaLand Integrated Commercial Trust (CICT or the Trust) CPAMF | $1.86 | $1.06 | -43% |
Explore undervalued stocks
More undervalued Real Estate stocks →
Frequently asked questions
Is Frasers Centrepoint Trust (J69U) undervalued?
What is the fair value of J69U?
What is the quality score of J69U?
What is the revenue of Frasers Centrepoint Trust (J69U)?
What is the net profit margin of J69U?
Does Frasers Centrepoint Trust pay a dividend?
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.