OCBC keeps SGD 3.04 fair value for CapitaLand Ascendas stock

Published on 10/20/2026 at 18:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached SGD 805.50 million on October 9, 2026. CapitaLand Ascendas stock costs EUR 1.51 on October 20, 2026 after the Xetra close.

Analyst value and operating figures

OCBC Group Research kept a Buy rating and SGD 3.04 fair value on October 19, 2026.
First-half 2026 gross revenue rose 6.70 percent to SGD 805.50 million.
CapitaLand Ascendas stock costs EUR 1.51 at Lang & Schwarz on October 20, 2026 at 6:30 p.m. CEST.

CapitaLand Ascendas, SG1M77906915, Illustration mit AI erstellt.

CapitaLand Ascendas (ISIN SG1M77906915) has a SGD 3.04 fair value and Buy rating from OCBC Group Research in a report dated October 19, 2026, as Minichart reported. The target is 40.09 percent above the SGX last price of SGD 2.17 on October 20, 2026. The stock was trading at EUR 1.51 at Lang & Schwarz on October 20, 2026 at 6:30 p.m. CEST.

First-half income outpaced distributions

CapitaLand Ascendas REIT reported first-half 2026 gross revenue of SGD 805.50 million, up 6.70 percent from the prior-year period. Net property income rose 6.20 percent to SGD 556.10 million, while distributable income increased 8.60 percent to SGD 359.40 million, according to Quartr on October 9, 2026. Distribution per unit rose only 0.10 percent to 7.482 Singapore cents after applicable units increased 8.50 percent.

Stock remains inside its yearly range

The SGX price of SGD 2.17 on October 20, 2026 stood between the 52-week low of SGD 2.14 and high of SGD 2.92. CapitaLand Ascendas REIT had a market capitalization of SGD 10.8 billion on the same date, with a 0.07 percent trailing distribution yield.

What does the valuation imply?

The OCBC fair value of SGD 3.04 sits above the latest SGX price of SGD 2.17, while the first-half operating figures show faster growth in revenue and distributable income than in distribution per unit. The company owns 234 properties across five developed markets and reported assets under management of SGD 20.1 billion as of June 30, 2026.

Euro quote after the Xetra close

CapitaLand Ascendas stock was trading at EUR 1.51 at Lang & Schwarz on October 20, 2026 at 6:30 p.m. CEST. The quote reflects the after-hours phase for investors in Germany. The further course of trading is shown by the continuously updated real-time quote of CapitaLand Ascendas stock.