J69U: Frasers Centrepoint Trust - Summary | Jitta

Frasers Centrepoint Trust

SGX:J69U

Price
S$2.28
Loss Chance
47.5%
5.86JITTA SCORE
123.77%Over Jitta Line
Jitta Ranking
Sorry, the data is not yet available for this stock.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (64)
Recent Business Performance (58)
Financial Strength (78)
Return to Shareholders (24)
Competitive Advantage (55)
Jitta Signs
CapExVery Low
Interest Coverage RatioVery Good
SG&A to SalesDecreasing
Cash Conversion CycleLess than 30 days
Revenue and EarningRevenue decline from 2018-2021
Recent Business PerformanceEarning decline 11.71% in the last year
New Share IssuedMore than 50% in 5 years
Key Stats
Jitta Score
Jitta Line
5.86
123.77%
Retail REITs
5.37
186.34%
3.25
503.98%
6.02
199.55%
COMPANY DESCRIPTION
Frasers Centrepoint Trust (“FCT”) is a leading developer-sponsored retail real estate investment trust (“REIT”) and one of the largest suburban retail mall owners in Singapore with total assets of approximately S$6.7 billion. FCT’s current property portfolio comprises 11 retail malls9 and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities. The retail portfolio has over 2.3 million square feet of net lettable area with over 1,500 leases with a strong focus on providing for necessity spending, food & beverage and essential services. The portfolio comprises Causeway Point, Northpoint City North Wing (including Yishun 10 Retail Podium), Anchorpoint, YewTee Point, Changi City Point, Waterway Point (40%-interest), Tiong Bahru Plaza, White Sands, Hougang Mall, Century Square and Tampines 1) and an office property (Central Plaza). FCT’s malls enjoy stable and recurring shopper footfall supported by commuter traffic and residential population in the catchment. FCT also holds a 31.15% stake in Hektar Real Estate Investment Trust, a retail-focused REIT in Malaysia listed on the Main Market of Bursa Malaysia Securities Berhad. FCT is index constituent of several benchmark indices including the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), FTSE ST Real Estate investment Trust Index, MSCI Singapore Small Cap Index and the 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., a real estate management company and a wholly-owned subsidiary of Frasers Property Limited.