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Mapletree Logistics Trust

Mapletree Logistics Trust

M44U.SI
Mapletree Logistics TrustSG flagStock Exchange of Singapore
1.18
SGD
-0.01
- -
6.04BMarket Cap
Mapletree Logistics Trust
M44U.SI
(Stock Exchange of Singapore)

Recent

price

1.17

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.1
- -
0.13
0.13
0.13
0.14
0.15
0.14
0.13
0.13
0.14
0.15
0.15
0.15
0.14
0.14
0.14
Revenue per Share
0.07
- -
0.09
0.13
0.1
0.08
0.08
0.17
0.13
0.11
0.12
0.18
0.12
0.07
0.04
0.05
0.04
Basic EPS, GAAP
-0.18
- -
0.11
0.09
0.1
0.09
0.11
0.1
0.1
0.1
0.11
0.11
0.13
0.12
0.11
0.11
0.11
Free Cash Flow per Basic Share
0.05
- -
0.07
0.06
0.06
0.07
0.07
0.07
0.05
0.08
0.08
0.08
0.09
0.08
0.07
0.07
0.08
Dividend per Share
0.96
- -
0.94
0.99
1.02
1.02
1.37
1.61
1.25
1.24
1.44
1.59
1.51
1.49
1.44
1.41
1.43
Book Value per Share
0.96
- -
1.06
1.11
1.16
1.15
1.27
1.37
1.38
1.35
1.53
1.73
1.57
1.51
1.44
1.39
1.39
Tangible Book Value per Share
2,169
2,442
2,446
2,459
2,481
2,499
2,513
2,788
3,391
3,707
3,993
4,429
4,800
4,958
5,034
5,098
5,054
Basic Weighted Avg Shares
219
- -
308
311
330
350
373
395
454
491
540
666
718
723
715
695
710
Sales/Revenue/Turnover
77.4
- -
76.48
75.59
72.63
66.86
69.44
76.21
73.89
77.26
79.3
74.95
73.66
72.79
72.83
73.05
72.91
Operating Margin (%)
1
- -
1
1
1
1
1
2
2
3
3
4
4
5
5
7
6
Depreciation Expense
162
- -
222
312
260
209
212
472
456
394
463
782
567
327
208
277
205
Net Income, GAAP
7.59
- -
5.95
5.17
10.07
10.96
15.89
9.42
8.57
11.46
17.98
21.16
13.45
16.05
23.69
26.75
23.19
Effective Tax Rate (%)
74.14
- -
71.97
100.26
78.7
59.75
56.81
119.38
100.38
80.33
85.75
117.46
78.88
45.3
29.07
39.85
28.81
Profit Margin (%)
-164
- -
-274
-138
-86
-271
-273
-94
-81
-205
-112
-407
-251
-142
-312
4
-302
Working Capital
1,182
- -
1,145
1,307
1,575
1,824
1,960
2,459
2,962
3,334
4,166
4,516
4,586
5,120
5,288
5,476
5,240
LT Debt
2,075
- -
2,582
2,732
2,888
2,878
3,190
3,812
4,667
5,017
6,119
7,670
7,522
7,484
7,247
7,077
7,014
Total Equity
4.56
- -
11.02
5.43
4.95
4.4
4.22
4.66
4.38
4.13
3.68
3.39
3.63
3.48
3.07
2.91
3.09
Return on Invested Capital (%)
5.46
- -
13.61
8.81
7.13
5.62
4.9
8.2
7.29
6.02
5.8
7.73
5.55
3.53
2.5
2.98
2.47
Return on Capital (%)
7.72
- -
19.2
13.11
10.45
8.24
7.08
11.9
10.46
8.95
8.96
12.22
7.93
4.48
2.84
3.84
2.81
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
422
382
384
LT Borrowings
5,176
5,208
5,163
LT Finance Leases
72
80
77
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,058
5,067
5,075
Market Capitalization
6,369
6,595
5,964

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
513
429
422
Cash, Cash Equivalents & STI
351
299
315
Accounts Receivable, Net
11
11
12
Inventories
- -
- -
- -
Total Current Liabilities
789
740
724
Payables & Accruals
- -
- -
- -
ST Debt
422
382
384
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.96%
3.48%
-2.34%
Free Cash Flow
9.62%
4.54%
1.14%
Net Income, GAAP
12.05%
-0.78%
33.37%
Sales/Revenue/Turnover
7.36%
5.62%
-2.71%
Total Cash Common Dividend
9.75%
3.92%
-0.26%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
178
185
181
178
723
2025
179
180
180
177
715
2026
175
173
174
- -
695

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.01
0.01
0.07
2025
0.02
0.01
0.02
-0.01
0.04
2026
0.02
0.01
0.01
- -
0.05

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.02
0.08
2025
0.02
0.02
0.02
0.02
0.07
2026
0.02
0.02
0.02
- -
0.07
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Business
Mapletree Logistics Trust (MLT) is Singapore's first Asia Pacific-focused logistics real estate investment trust, listed on the Singapore Exchange Securities Trading Limited since 2005 and headquartered at 10 Pasir Panjang Road, #13-01 Mapletree Business City, Singapore 117438. MLT invests in a diversified portfolio of quality, well-located income-producing logistics real estate across nine key markets including Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam, with assets under management of S$13.0 billion as of 30 September 2025 comprising 175 properties totaling approximately 8.3 million square meters of logistics space. The portfolio features modern warehouses, distribution centers and logistics hubs strategically positioned near major expressways, airports, seaports and transportation nodes to serve sectors such as e-commerce, third-party logistics, manufacturing, food and cold storage, oil and chemical logistics, and industrial warehousing; notable properties include Mapletree Joo Koon Logistics Hub in Singapore, Mapletree (Talegaon) Logistics Park in India, Kyotanabe Centre in Japan and Mapletree Logistics Park Phase 2 in Vietnam. MLT is externally managed by Mapletree Logistics Trust Management Ltd., a subsidiary of Mapletree Investments Pte Ltd, with HSBC Institutional Trust Services (Singapore) Limited serving as trustee. In recent developments, MLT has accelerated portfolio rejuvenation through yield-accretive acquisitions, including three modern logistics properties in Malaysia and Vietnam for approximately S$234 million to expand its presence in these high-growth markets from 24 to 27 assets, while executing 14 divestments totaling S$209 million in Singapore, Malaysia, Japan and China during FY24/25 to recycle capital into higher-specification assets; additional transactions encompass sales such as an Australian property for A$60 million and ongoing asset enhancement initiatives to optimize organic growth and maintain a strong balance sheet. These strategic moves, supported by robust tenant demand from over 900 customers including multinational logistics operators, position MLT to capitalize on Asia Pacific's e-commerce expansion, urbanization and supply chain resilience amid limited modern logistics supply.