Keppel DC Reit (AJBU) Stock Price, Fundamentals & Analysis

What AJBU does

Keppel DC Reit (AJBU) is a Singapore-listed stock in the Real Estate sector, specifically the REIT - Office industry, traded on the Singapore Exchange stocks. Incorporated in 2011 and listed on 12 December 2014, it was the first pure-play data centre REIT in Asia. The fund invests directly or indirectly in a diversified portfolio of income-producing real estate assets used primarily for data centre purposes, including a mix of colocation, fully-fitted, and shell-and-core assets, as well as debt securities. It is managed by Keppel DC REIT Management Pte. Ltd. and sponsored by Keppel, a global asset manager with expertise in sustainability-related solutions spanning infrastructure, real estate, and connectivity.

Key numbers explained

• The current price is 2.12 SGD, down -0.47% today, with a 52-week range of 2.1 – 2.44 SGD and a year-on-year decline of -10.9%.
• The trailing P/E ratio of 11.2 shows how the market values each dollar of the company's last 12 months' earnings; a lower figure can suggest a more conservative valuation relative to earnings.
• The forward P/E ratio of 16.7 is based on expected future earnings and reflects what investors are willing to pay for anticipated growth.
• The dividend yield of 3.76% represents the annual dividend income as a percentage of the current share price, with 55% of earnings paid out as dividends.
• The ex-dividend date is 8 sept. 2026, the cutoff for eligibility for the next dividend payment.
• The beta of 0.84 indicates the stock's volatility relative to the broader market, with values below 1 suggesting lower sensitivity to market swings.
• The debt-to-equity ratio of 54.1% measures financial leverage, showing the proportion of debt used to finance the company's assets relative to shareholder equity.
• The price-to-book ratio of 1.23 compares the market price to the book value of the company's assets, indicating how the market values the firm's net assets.

What to watch

Keppel DC Reit operates in the data centre REIT sector, which is sensitive to demand for digital infrastructure, occupancy rates, and rental growth. Investors often compare it with peers such as Frasers Centrepoint Trust (J69U), Hongkong Land Holdings (H78), UOL Group (U14), CapitaLand Investment (9CI), Mapletree Pan Asia Commercial Trust (N2IU), City Developments Limited (C09), and Mapletree Industrial Trust (ME8U) to gauge sector trends. Key factors include interest rate movements, which affect property valuations and financing costs, as well as the mix of assets and tenant concentration. The upcoming earnings release on 23 iul. 2026 will provide updated financials.