CapitaLand India Trust (ACNDF) Stock Price, News & Analysis

Company Overview

CapitaLand India Trust (CLINT) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007 as the first Indian property trust in Asia. Its principal objective is to own income-producing real estate used primarily as business space in India. CLINT may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion. As at 31 December 2023, CLINT's assets under management stand at S$3.0 billion. CLINT's portfolio includes nine world-class IT business parks, one logistics park, three industrial facilities and four data centre developments in India, with total completed floor area of 19.6 million square feet spread across Bangalore, Chennai, Hyderabad, Pune and Mumbai. CLINT is focused on capitalising on the fast-growing IT industry and logistics/industrial asset classes in India, as well as proactively diversifying into other new economy asset class such as data centres. CLINT is structured as a business trust, offering stable income distributions similar to a real estate investment trust. CLINT focuses on enhancing shareholder value by actively managing existing properties, developing vacant land in its portfolio, and acquiring new properties. CLINT is managed by CapitaLand India Trust Management Pte. Ltd., formerly known as Ascendas Property Fund Trustee Pte. Ltd.. The trustee-manager is a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

Key Stats

• Today's Range: C$0.84 to C$0.86
• 50-Day Range: C$0.70 to C$0.86
• 52-Week Range: C$0.59 to C$0.89
• Volume: 3,171 shs
• Average Volume: 14,663 shs
• Market Capitalization: N/A
• P/E Ratio: 12.51
• Dividend Yield: 5.50%
• Price Target: N/A
• Consensus Rating: N/A

CapitaLand India Trust Stock Analysis - MarketRank™

CapitaLand India Trust scored higher than 23% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for CapitaLand India Trust.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of CapitaLand India Trust is 12.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of CapitaLand India Trust is 12.51, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.55.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

CapitaLand India Trust has a short interest ratio ("days to cover") of 221.3, which indicates bearish sentiment.

Change versus previous month

Short interest in CapitaLand India Trust has recently decreased by 16.42%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

CapitaLand India Trust is a leading dividend payer. It pays a dividend yield of 5.92%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

CapitaLand India Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CapitaLand India Trust is 68.75%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

CapitaLand India Trust has a short interest ratio ("days to cover") of 221.3, which indicates bearish sentiment.

Change versus previous month

Short interest in CapitaLand India Trust has recently decreased by 16.42%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

CapitaLand India Trust has a news sentiment score of 1.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 1 news article for CapitaLand India Trust this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CapitaLand India Trust insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 26.89% of the stock of CapitaLand India Trust is held by institutions.

ACNDF Stock Analysis - Frequently Asked Questions

How have ACNDF shares performed this year?

CapitaLand India Trust's stock was trading at C$0.77 at the beginning of the year. Since then, ACNDF shares have increased by 11.5% and is now trading at C$0.86.

How do I buy shares of CapitaLand India Trust?

Shares of ACNDF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Real Estate
• Industry: Real Estate Services
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:ACNDF
• CIK: N/A
• Web: www.a-itrust.com
• Phone: (656) 713-2888
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 12.51
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A