Frasers Logistics & Commercial Trust (BUOU) Fair Value & Analysis
Real Estate · SG · Market cap 3.7B SGD
Fair value as of: Aug 13, 2026
From 14 valuation models · updated yesterday
Share price −0.5% over the past month.
A solid business, but screening 11% overvalued on our models.
What matters now
- As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
- Our model range runs from 0.6000 SGD (bear) to 1.07 SGD (bull), base 0.8600 SGD. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 61/100 (solid quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range 0.7160 SGD – 1.15 SGD · fair‑value band 0.6000 SGD – 1.07 SGD · the 0.9650 SGD price screens above the 0.8600 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Frasers Logistics & Commercial Trust (BUOU) currently trades at 0.9650 SGD, while our model-based Fair Value estimate is 0.8600 SGD, implying the stock looks roughly 10.9% overvalued today. The Quality Score stands at 61/100 (solid quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Frasers Logistics & Commercial Trust generated revenue of 478M SGD at a net margin of 44.5%. Revenue grew 2.8% year over year. It earns a return on equity of 5.2%. Net debt stands at 2.2B SGD. Fundamentals as of Aug 13, 2026
Our scenario range runs from 0.6000 SGD (bear case) to 1.07 SGD (bull case); at 0.9650 SGD, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 5% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -43% fair-value upside, at -11%, BUOU screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 14 models by family
Widest divergence: DCF Models (0.8700 SGD) versus Growth DCF (0.6300 SGD). Highest evidence: Growth DCF (80).
Notify me when BUOU reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 65
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Frasers Logistics & Commercial Trust is a Singapore-listed real estate investment trust. With a portfolio comprising 113 industrial and commercial properties, worth approximately S7.0 billion dollars as at 31 March 2026, diversified across five major developed markets " Australia, Germany, Singapore, the United Kingdom and the Netherlands.
Full company description
Frasers Logistics & Commercial Trust is a Singapore-listed real estate investment trust. With a portfolio comprising 113 industrial and commercial properties, worth approximately S7.0 billion dollars as at 31 March 2026, diversified across five major developed markets " Australia, Germany, Singapore, the United Kingdom and the Netherlands. FLCT was listed on the Mainboard of Singapore Exchange Securities Trading Limited (SGX-ST) on 20 June 2016 as Frasers Logistics & Industrial Trust and was subsequently renamed Frasers Logistics & Commercial Trust on 29 April 2020 following the completion of a merger with Frasers Commercial Trust. FLCT's investment strategy is to invest globally in a diversified portfolio of income-producing properties used predominantly for logistics or industrial purposes located globally, or commercial purposes (comprising primarily CBD office space) or business park purposes (comprising primarily non-CBD office space and/or research and development space) located in the Asia-Pacific region or in Europe (including the United Kingdom). FLCT is sponsored by Frasers Property Limited. FLCT is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index), Straits Times Index and Global Property Research (GPR) 250. Frasers Logistics & Commercial Trust was established on November 30, 2015 and incorporated in Singapore.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Frasers Logistics & Commercial Trust reported revenue of 471M SGD in FY2025 versus 469M SGD in FY2021, a compound +0.1%/yr. Reported net income was 205M SGD in FY2025, compounding −27.2%/yr from FY2021.
BUOU screens 11% overvalued. Compare with Prologis, Inc →
Peer Group
REIT - Industrial · 58 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs REIT - Industrial median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more REIT - Industrial stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Prologis, Inc PLD | $140.73 | $61.28 | -56% |
| Public Storage, a member of the S&P 500, PSA | $323.58 | $162.43 | -50% |
| Extra Space Storage Inc EXR | $147.71 | $78.38 | -47% |
| EastGroup Properties, Inc EGP | $203.45 | $81.41 | -60% |
| Lineage, Inc LINE | $41.50 | $47.91 | +15% |
| CapitaLand Ascendas REIT (CLAR) A17U | 2.44 SGD | 2.00 SGD | -18% |
| CubeSmart CUBE | $41.22 | $25.06 | -39% |
| First Industrial Realty Trust, Inc FR | $63.34 | $20.72 | -67% |
| Rexford Industrial Realty, Inc REXR | $36.39 | $20.69 | -43% |
| STAG Industrial, Inc STAG | $36.94 | $21.64 | -41% |
Compare Frasers Logistics & Commercial Trust with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Real Estate stocks →
Frequently asked questions
Is Frasers Logistics & Commercial Trust (BUOU) overvalued or undervalued?
What is the fair value of BUOU?
What is the quality score of BUOU?
What is the revenue of Frasers Logistics & Commercial Trust (BUOU)?
What is the net profit margin of BUOU?
Does Frasers Logistics & Commercial Trust pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Frasers Logistics & Commercial Trust and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.