CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010. CLMT’s investment objective is to invest, on a long-term basis, in a geographically diversified portfolio of income-producing real estate assets across Malaysia that are used primarily for retail, commercial, office and industrial purposes. As at 31 December 2023, CLMT has a market capitalisation of approximately RM1.5 billion with a total asset value of approximately RM5.1 billion. CLMT’s portfolio of quality assets comprises six retail properties and two logistics properties with a total net lettable area of 4.3 million square feet. Its retail properties are strategically located across three key urban centres: Gurney Plaza and a significant interest in Queensbay Mall in Penang; four in Klang Valley – a majority interest in Sungei Wang Plaza in Kuala Lumpur; 3 Damansara in Petaling Jaya; and The Mines in Seri Kembangan; and East Coast Mall in Kuantan, Pahang. CLMT’s logistics properties include Valdor Logistics Hub, located in one of Penang’s key industrial hubs, and Glenmarie Distribution Centre, located within Hicom-Glenmarie Industrial Park in Shah Alam, Selangor. CLMT is managed by CapitaLand Malaysia REIT Management Sdn. Bhd., a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.
Metrics to compare | CAMA | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipCAMAPeersSector | |
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P/E Ratio | 10.7x | 15.7x | 8.8x | |
PEG Ratio | −4.08 | −0.67 | 0.01 | |
Price/Book | 0.7x | 0.7x | 0.9x | |
Price / LTM Sales | 4.4x | 5.5x | 3.9x | |
Upside (Analyst Target) | 26.8% | 7.2% | 12.7% | |
Fair Value Upside | Unlock | −6.5% | 0.4% | Unlock |