Keppel DC REIT
Research Keppel DC REIT (AJBU.SI) on Bullrun: market cap SGD 5.68B, P/E 11.5, dividend yield 6.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAJBU.SI
- ExchangeSGX
- CountrySingapore
- SectorReal Estate
- IndustryREIT - Office
- CurrencySGD
- Market capSGD 5.68B
- P/E11.5
- Dividend yield6.4%
- Financial periodFY2025
- RevenueSGD 441.36M
- Revenue growth42.2%
- Net incomeSGD 427.82M
- Free cash flowSGD 223.91M
- Gross margin78.2%
Valuation Snapshot
latest market cap is SGD 5.68B; P/E is 11.5; dividend yield is 6.4%.
Peer valuation comparison
Latest P/E is 11.5x versus a Real Estate sector median of 13.11x (12.3% below).
Latest dividend yield is 6.39% versus a Real Estate sector median of 4.63% (38.2% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | SGD 441.36M | SGD 427.82M | SGD 223.91M | 78.2% | 0.19 | SGD 351.87M | SGD 2.39B | SGD 4.17B |
| FY2024 | SGD 310.29M | SGD 300.67M | SGD 188.33M | 74.7% | 0.17 | SGD 316.69M | SGD 1.72B | SGD 3.37B |
| FY2023 | SGD 281.21M | SGD 118.53M | SGD 184.35M | 77.4% | 0.07 | SGD 149.73M | SGD 1.48B | SGD 2.31B |
| FY2022 | SGD 277.32M | SGD 230.91M | SGD 178.87M | 81.4% | 0.13 | SGD 190.40M | SGD 1.48B | SGD 2.41B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-18 | SGD 5.68B | 11.5 | 3.9% | 0.08 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.08 SGD, yield 6.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.06 SGD |
| FY2024 | 0.13 SGD |
| FY2023 | 0.1 SGD |
| FY2022 | 0.08 SGD |
| FY2021 | 0.11 SGD |
About Keppel DC REIT
Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia. Keppel DC REIT's investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate and assets necessary to support the digital economy.
ETFs that hold Keppel DC REIT
Keppel DC REIT is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| Global X Data Center REITS & Digital Infrastructure UCITS ETF USD Acc | 4.32% | 0.50% |
Related stock research
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Frequently asked questions
What is Keppel DC REIT's market cap?
Keppel DC REIT's market capitalization is SGD 5.68B.
What is Keppel DC REIT's P/E ratio?
Keppel DC REIT's price-to-earnings (P/E) ratio is 11.5.
Does Keppel DC REIT pay a dividend?
Keppel DC REIT has a dividend yield of 6.4%.
What does Keppel DC REIT do?
Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia. Keppel DC REIT's investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate and assets necessary to support the digital economy. Keppel DC REIT's investments comprise a mix of colocation, fully-fitted and shell and core assets, as well as debt securities, thereby reinforcing the diversity and resiliency of its portfolio.