City Developments Limited (CDEVF) Stock

About City Developments Limited

City Developments Limited (CDL) is a leading global real estate company with a network spanning 168 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically diverse portfolio comprises residences, offices, hotels, serviced apartments, student accommodation, retail malls and integrated developments. With a proven track record of over 60 years in real estate development, investment and management, the Group has developed over 53,000 homes and owns around 23 million square feet of gross floor area in residential for lease, commercial and hospitality assets globally. Along with its wholly-owned hotel subsidiary, Millennium & Copthorne Hotels Limited (M&C), the Group has over 160 hotels worldwide, many in key gateway cities. Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is actively pursuing its fund management growth strategy to further leverage its strengths.

City Developments Limited is headquartered in SG.

City Developments Limited (CDEVF) stock trades at $6.49 with a market capitalization of $5.80B. The stock is valued at a price-to-earnings (P/E) ratio of 11.18, price-to-book of 0.73, price-to-sales of 1.93. Over the past 52 weeks the stock has ranged between $3.53 and $7.69, and currently trades 15.6% below its 52-week high. It pays a dividend yielding 3.08%.

On profitability, City Developments Limited generates a return on equity (ROE) of 6.76%, return on capital employed of 2.04%, an operating margin of 13.49%, a net profit margin of 17.50%.

Official website: www.cdl.com.sg