Critical Contrast: InvenTrust Properties (NYSE:IVT) & CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF)

InvenTrust Properties (NYSE:IVT) and CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) are both real estate companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, analyst recommendations, valuation, risk, dividends and institutional ownership.

Institutional & Insider Ownership

61.7% of InvenTrust Properties shares are held by institutional investors. Comparatively, 20.1% of CapitaLand Integrated Commercial Trust shares are held by institutional investors. 0.4% of InvenTrust Properties shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares InvenTrust Properties and CapitaLand Integrated Commercial Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
InvenTrust Properties	2.46%	0.42%	0.26%
CapitaLand Integrated Commercial Trust	N/A	N/A	N/A

Dividends

InvenTrust Properties pays an annual dividend of $0.90 per share and has a dividend yield of 3.1%. CapitaLand Integrated Commercial Trust pays an annual dividend of $0.11 per share and has a dividend yield of 6.2%. InvenTrust Properties pays out 900.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. CapitaLand Integrated Commercial Trust pays out 59.1% of its earnings in the form of a dividend. CapitaLand Integrated Commercial Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for InvenTrust Properties and CapitaLand Integrated Commercial Trust, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
InvenTrust Properties	0	1	2	0	2.67
CapitaLand Integrated Commercial Trust	0	0	0	0	N/A

InvenTrust Properties currently has a consensus target price of $31.33, indicating a potential upside of 7.64%. Given InvenTrust Properties’ higher probable upside, analysts clearly believe InvenTrust Properties is more favorable than CapitaLand Integrated Commercial Trust.

Valuation and Earnings

This table compares InvenTrust Properties and CapitaLand Integrated Commercial Trust”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
InvenTrust Properties	$263.01 million	7.51	$5.27 million	$0.10	291.10
CapitaLand Integrated Commercial Trust	N/A	N/A	N/A	$0.18	9.48

InvenTrust Properties has higher revenue and earnings than CapitaLand Integrated Commercial Trust. CapitaLand Integrated Commercial Trust is trading at a lower price-to-earnings ratio than InvenTrust Properties, indicating that it is currently the more affordable of the two stocks.

Summary

InvenTrust Properties beats CapitaLand Integrated Commercial Trust on 9 of the 12 factors compared between the two stocks.

About InvenTrust Properties

InvenTrust Properties Corp. (the “Company,” “IVT,” or “InvenTrust”) is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component. Management pursues the Company’s business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, maintaining a flexible capital structure, and enhancing environmental, social and governance (“ESG”) practices and standards. A trusted, local operator bringing real estate expertise to its tenant relationships, IVT has built a strong reputation with market participants across its portfolio. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2013.

About CapitaLand Integrated Commercial Trust

CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.7 billion as at 31 December 2023. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust. CICT owns and invests in quality income-producing assets primarily used for commercial (including retail and/or office) purpose, located predominantly in Singapore. As the largest proxy for Singapore commercial real estate, CICT's portfolio comprises 21 properties in Singapore, two properties in Frankfurt, Germany, and three properties in Sydney, Australia with a total property value of S$24.5 billion based on valuations of its proportionate interests in the portfolio as at 31 December 2023. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.