Frasers Property: Financial information

Period	Full Year Sep 2024	Full Year Sep 2023	Full Year Sep 2022
EPS(SGD) (Earnings/Latest No. Of Shares)	0.04157	0.03138	0.22196
NAV(SGD) (Shareholders' Equity/Latest No. Of Shares)	2.5299	2.7486	2.9521
Price Earnings Ratio (PER) (Price/EPS)	19.49	25.81	3.65
Price/Revenue (Price x Latest No. Of Shares/Revenue)	0.754	0.806	0.820
Net Earnings Margin (Net Earnings/Revenue)	3.872 %	3.121 %	22.477 %
Revenue Growth ((Current Year Revenue - Last Year Revenue) / Last Year Revenue)	6.784 %	1.806 %	3.010 %
Net Earnings Growth ((Current Year Earnings - Last Year Earnings) / Last Year Earnings)	32.469 %	-85.863 %	12.428 %
Return On Asset (ROA) (Net Earnings/Total Assets)	0.412 %	0.310 %	2.170 %
Return On Equity (ROE) (Net Earnings/Equity)	1.694 %	1.245 %	8.423 %
Current Ratio (Current Assets/Current Liabilities)	1.180	1.156	1.377

Notes

Adjusted Fundamental Data is data that is adjusted for share splits, bonus issues, share consolidations, rights issues and other changes in share capital (such as placement shares). The latest number of shares is used to calculate these adjusted ratios and is applied right across all the full year results. ShareInvestor updates the total number of shares in issue on a best effort basis.
Share splits, bonus issues, share consolidations and rights issues are updated on the ex-date whereas other changes in share capital are updated within 7 working days of the release of the company's latest Results Announcement.

11 November 2017

AGM

2.00 P.M. at Ballrooms II and III, Level 2, Intercontinental Singapore, 80 Middle Road, Singapore 188966.

Upcoming events

1st Quarter Results

(before trading hours)

09 May 2025

Recent past events

1st Quarter Results

Business Update / Financial Update / Operational Update / Abridged Financial Disclosure
(after trading hours)

07 Feb 2025

Ex-Dividend

DIVIDEND : SGD 0.045
Record Date: 24 Jan 2025
Payable Date: 14 Feb 2025

23 Jan 2025

AGM

2.00 P.M. AT THE GRAND BOARDROOM, LEVEL 2, INTERCONTINENTAL SINGAPORE, 80 MIDDLE ROAD, SINGAPORE 188966. THERE WILL BE NO OPTION FOR SHAREHOLDERS TO PARTICIPATE VIRTUALLY.

16 Jan 2025

Notes

Dates with early, mid or late descriptions are based on the dates from the previous year's results. These are not indicative of future result announcements dates.

Upcoming events

Date	Type	Remarks
09 May 2025	1st Quarter Results	(before trading hours)

Recent Past Events

Date	Type	Remarks
07 Feb 2025	1st Quarter Results	Business Update / Financial Update / Operational Update / Abridged Financial Disclosure (after trading hours)
23 Jan 2025	Ex-Dividend	DIVIDEND : SGD 0.045 Record Date: 24 Jan 2025 Payable Date: 14 Feb 2025
16 Jan 2025	AGM	2.00 P.M. AT THE GRAND BOARDROOM, LEVEL 2, INTERCONTINENTAL SINGAPORE, 80 MIDDLE ROAD, SINGAPORE 188966. THERE WILL BE NO OPTION FOR SHAREHOLDERS TO PARTICIPATE VIRTUALLY.
13 Nov 2024	Full Year Results	(before trading hours)
07 Aug 2024	3rd Quarter Results	Business Update / Financial Update / Operational Update / Abridged Financial Disclosure (after trading hours)
10 May 2024	Half Year Results	(after trading hours)
02 Feb 2024	1st Quarter Results	Business Update / Financial Update / Operational Update / Abridged Financial Disclosure (after trading hours)
29 Jan 2024	Ex-Dividend	DIVIDEND : SGD 0.045 Record Date: 30 Jan 2024 Payable Date: 16 Feb 2024
24 Jan 2024	AGM	2.00 P.M. AT THE GRAND BALLROOM, LEVEL 2, INTERCONTINENTAL SINGAPORE, 80 MIDDLE ROAD, SINGAPORE 188966. THERE WILL BE NO OPTION FOR SHAREHOLDERS TO PARTICIPATE VIRTUALLY.
10 Nov 2023	Full Year Results	(after trading hours)

Notes

Dates with early, mid or late descriptions are based on the dates from the previous year's results. These are not indicative of future result announcements dates.

Five year summary

	2020	2021	2022	2023	2024
Revenue ($'m)	3,597.0	3,763.8	3,877.0	3,947.1	4,214.8
Profit before interest, fair value change on investment properties, taxation and exceptional items ($'m)	1,245.6	1,424.7	1,249.2	1,313.2	1,352.2
Profit before taxation ($'m)
Before fair value change on investment properties and exceptional items	803.3	1,048.0	918.9	884.1	827.8
After fair value change on investment properties and exceptional items	804.9	2,027.4	2,129.5	400.8	652.4
Attributable profit ($'m)
Before fair value change on investment properties and exceptional items	229.2	399.5	398.8	350.3	218.2
After fair value change on investment properties and exceptional items	188.1	833.1	928.3	173.1	206.3
Earnings per share (cents)¹
Attributable profit before fair value change on investment properties and exceptional items	5.2	10.0	8.7	7.7	4.5
Attributable profit after fair value change on investment properties and exceptional items	3.8	22.6	22.2	3.1	4.2
Dividend per ordinary share (cents)	1.5	2.0	3.0	4.5	4.5
Net asset value (shareholders' equity) ($'m)	7,560.2	9,544.2	10,345.9	9,894.9	9,634.4
Net asset value per share ($)	2.58	2.44	2.64	2.52	2.45
Return on average shareholders' equity (%)²
Attributable profit before fair value change on investment properties and exceptional items	2.0	4.0	3.4	3.0	1.8
Attributable profit after fair value change on investment properties and exceptional items	1.5	9.1	8.8	1.2	1.7
Net debt³ over total equity⁴ (%)	105.0	73.7	64.8	75.8	83.4
Net debt³ over property assets⁵ (%)	47.8	39.7	37.5	40.4	42.1
Net interest cover⁶	2.8x	3.8x	3.8x	3.1x	2.6x

Notes

Based on weighted average number of ordinary shares in issue. In 2020, 2021, 2022, 2023 and 2024, the weighted average number of shares was 2,968,406,000, 3,432,010,000, 3,923,832,000, 3,926,042,000 and 3,926,042,000, respectively. The weighted average number of ordinary shares in issue in 2020 and 2021 have been adjusted for the bonus element arising from the rights issue.
After distributions to perpetual securities holders over average shareholders' equity.
Includes net debt of consolidated SGX-listed REITs.
Includes non-controlling interests (primarily related to consolidated REITs) and perpetual securities.
Property assets comprise investment properties, property, plant and equipment, investments in JVs and associates, shareholder loans to/from JVs and associates, properties held for sale and assets held for sale.
Calculated by dividing PBIT over net interest for the year. Net interest refers to net interest in the profit statement excluding mark-to-market adjustments on interest rate derivatives and capitalised interest.

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