Obermatt
See Similar Stocks →

CDL

SES:C09 · SG1R89002252
Real Estate Management & DevelopmentLarge

360

5
EV / EBIT23
Price / Owner Earnings30
Owner Earnings Yield23
Dividend Yield35
Price/Sales60
EV / Gross Profit56
Price/Book59
Return on Capital11
Cash Return on Capital21
Return on Equity29
EBIT Margin21
Gross Profitability45
Cash Conversion1
Accruals25
Owner Earnings Margin44
Sales growth73
Profit Growth56
Long-Term EPS Growth94
Reinvestment12
Price momentum99
Debt load16
Refinancing82
Debt Payback12
Liquidity23
Analyst ratings52
Opinion Changes84
Price Target Upside64
Market mood55
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

CDL clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountrySingapore
IndustryReal Estate Management & Development
SizeLarge
TypePublic Company
ExchangeSGX
Founded1963
Employees352
Websitecdl.com.sg
ISINSG1R89002252
Last UpdateApr 2, 2026
Indices
STI (Singapore)
Themes
Real Estate TechnologyTravel AccommodationsReal Estate

Description

City Developments Limited, an international property and hotel conglomerate, engages in real estate development and investment, hotel ownership and management, as well as the provision of hospitality solutions. The company has a presence in cities a…

Analysis

Weak and unloved

City Developments Limited scores below average on quality and is priced accordingly, a low-conviction position in either direction.

On valuation, the picture is fair. The owner-earnings multiple stands at 19.2×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 6% a year, against analyst forecasts of 37%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is fragile. The company scores 12/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
59
2023202420252026

All-time high

85

Feb 2023

All-time low

4

Jan 2024

Average rank

36

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
60
66
53
53
Price/Earnings
26
45
21
47
Price/Book
59
84
86
81
Dividend Yield
35
19
32
37
Value (overall)
41
35
63
60

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare CDL with its peers
Kyoritsu Maintenance
TYO:9616
22
CountryJapan
IndustryHotels, Restaurants & Leisure
SizeLarge
Full Stock Analysis →
UOL Group
SES:U14
73
CountrySingapore
IndustryReal Estate Management & Development
SizeLarge
Full Stock Analysis →
Tokyu Fudosan
TYO:3289
51
CountryJapan
IndustryReal Estate Management & Development
SizeX-Large
Full Stock Analysis →
Hongkong Land
SES:H78
58
CountryHong Kong SAR China
IndustryReal Estate Management & Development
SizeLarge
Full Stock Analysis →
Huaku Development
TAI:2548
94
CountryTaiwan
IndustryReal Estate Management & Development
SizeSmall
Full Stock Analysis →
Cedar Woods Properties
ASX:CWP
100
CountryAustralia
IndustryReal Estate Management & Development
SizeSmall
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →