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Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for CapitaLand Integrated Commercial Trust's Intrinsic Value: Projected FCF or its related term are showing as below:
CPAMF'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.67 Med: 0.88 Max: 1.1
Current: 0.96
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of CapitaLand Integrated Commercial Trust was 1.10. The lowest was 0.67. And the median was 0.88.
CPAMF's Price-to-Projected-FCF is ranked worse than 68.29% of 615
companies
in the REITs industry
Industry Median: 0.65
vs CPAMF: 0.96
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
CapitaLand Integrated Commercial Trust's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
1.89
/
2.0562285955202
=
0.92
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CapitaLand Integrated Commercial Trust Intrinsic Value: Projected FCF Related Terms
CapitaLand Integrated Commercial Trust Intrinsic Value: Projected FCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CPAMF vs SPG, O, KIM: Intrinsic Value: Projected FCF Comparison
For the REIT - Retail subindustry, CapitaLand Integrated Commercial Trust's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CapitaLand Integrated Commercial Trust Price-to-Projected-FCF vs REITs Industry
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of $1.96 mean?
CapitaLand Integrated Commercial Trust (CPAMF) has a Intrinsic Value: Projected FCF of $1.96 as of Aug. 29, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on CapitaLand Integrated Commercial Trust and its competitors. According to the industry distribution chart, CapitaLand Integrated Commercial Trust ranks #420 out of 615 companies in the REITs industry, placing it in the top 68.3%.
Is CapitaLand Integrated Commercial Trust's Intrinsic Value: Projected FCF too high?
CapitaLand Integrated Commercial Trust's current Intrinsic Value: Projected FCF is $1.96. The REITs industry median Intrinsic Value: Projected FCF is 0.65. CapitaLand Integrated Commercial Trust's value of $1.96 is 201.5% above this industry median. Based on the distribution chart, CapitaLand Integrated Commercial Trust ranks #420 out of 615 companies in the REITs industry, which is below the industry midpoint. Overall, CapitaLand Integrated Commercial Trust has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Integrated Commercial Trust's Intrinsic Value: Projected FCF compare to SPG and O?
According to the REITs industry distribution chart, CapitaLand Integrated Commercial Trust ranks #420 out of 615 companies for Intrinsic Value: Projected FCF. This places CapitaLand Integrated Commercial Trust in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.65. CapitaLand Integrated Commercial Trust's value of $1.96 is 201.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a REITs company?
The median Intrinsic Value: Projected FCF among REITs companies is 0.65, based on 615 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CapitaLand Integrated Commercial Trust's current Intrinsic Value: Projected FCF of $1.96 is 201.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on CapitaLand Integrated Commercial Trust and its competitors. For the REITs industry, the median Intrinsic Value: Projected FCF is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand Integrated Commercial Trust's current Intrinsic Value: Projected FCF is $1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Integrated Commercial Trust stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Integrated Commercial Trust (CPAMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.55, compared to a current price of $1.89 — trading 21.9% above its estimated fair value. The current Intrinsic Value: Projected FCF is $1.96 and 201.5% above the REITs industry median of 0.65. CapitaLand Integrated Commercial Trust's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For CapitaLand Integrated Commercial Trust (CPAMF), the current Intrinsic Value: Projected FCF is $1.96 as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CapitaLand Integrated Commercial Trust (CPAMF) Overvalued in 2026?
Based on GuruFocus' analysis, CapitaLand Integrated Commercial Trust stock appears to be overvalued.
The current stock price of $1.89 is trading 21.9% above its estimated GF Value™ of $1.55.
GuruFocus considers CapitaLand Integrated Commercial Trust to be Modestly Overvalued.
Key valuation signals for CPAMF:
Intrinsic Value: Projected FCF: $1.96
GF Value™: $1.55 vs. price of $1.89 (21.9% above fair value)
Industry Position: 201.5% above the REITs median (#420 of 615)
No single metric tells the full story. See the CPAMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CICT was established following the merger between CapitaLand Mall Trust and CapitaLand Commercial Trust in October 2020. The trust has a diversified portfolio of 26 properties valued at SGD 27.4 billion as of Dec. 31, 2025. These include offices (mainly in the central business district), retail malls (including urban and suburban malls), and integrated development. Most of its properties are located in Singapore, with assets in Australia and Germany making up less than 10% of its portfolio. The trust is externally managed by CapitaLand Integrated Commercial Trust Management; parent CapitaLand retains a 24% stake in CICT.
73GF Score
Get the complete analysis for CPAMF
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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