“This should enable the group to lower its net debt-to-equity ratio of 0.89 times as at end of FY2025 and potentially increase its DPS in the medium term, management indicated,” says Lock.
CGS International analyst Lock Mun Yee and Phillip Capital analyst Darren Chan are positive on Frasers Property following the recent Frasers Day Bangkok 2025 site visit organised by the group.
In her Dec 2 report, Lock believes that with Frasers Property’s ongoing effort to create and unlock value through its development and asset recycling activities, its ROE should expand in the medium term.
