• 繁

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    Is City Developments (SGX:C09) Cheap On Its $6b GET+ Plan And Cash Flow Shift?

    Simply Wall St·10/25/2026 21:30:28
    語音播報

    Fresh attention on City Developments (SGX:C09) comes after recent analysis highlighted an expected shift to positive free cash flow and a S$6b GET+ divestment roadmap, which is aimed at recycling capital into higher yielding Singapore projects.

    Recent price action has been choppy for City Developments, with the share price at S$7.13 after a 1-day gain of 1.86% but a 30-day share price return that fell 13.68%. However, a 23.20% total shareholder return over three years points to a stronger longer-run record than the near term suggests.

    Scan for other property developers pursuing capital recycling and free cash flow improvement by reviewing our hand picked 194 high quality undervalued stocks alongside City Developments.

    Bulls point to City Developments' GET+ plan and the prospect of healthier free cash flow. Bears focus on recent share price weakness and softer earnings trends. Which story fits the current valuation better now?

    Most Popular Narrative: 33% Undervalued

    Against a fair value estimate of about SGD10.60, City Developments at SGD7.13 screens as materially cheaper in the most followed narrative. This frames today’s valuation around capital recycling and recurring income rather than short term earnings swings.

    The company's accelerated capital recycling and active divestment strategy are unlocking value from underperforming and non-core assets, improving return on equity and providing liquidity for deployment into higher-yield opportunities, which supports future revenue and earnings stability.

    See why 13 investors see City Developments as 33% undervalued.

    Result: Fair Value of SGD10.60 (UNDERVALUED)

    Still, higher gearing and exposure to softer overseas property markets could unsettle the City Developments story if asset sales or divestments prove harder to execute.

    Find out about the key risks to this City Developments narrative.

    Next Steps

    Mixed messages around City Developments can pull you in both directions, so review the underlying data now and weigh the 3 key rewards and 4 important warning signs against your own expectations.

    Looking for more investment ideas beyond City Developments?

    If City Developments has caught your eye, broaden your watchlist now and let high quality screeners surface opportunities you might miss by only following headlines.