Lineage (NASDAQ:LINE) vs. CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Head-To-Head Comparison

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) and Lineage (NASDAQ:LINE) are both mid-cap real estate companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, valuation, analyst recommendations and dividends.

Insider and Institutional Ownership

34.2% of CapitaLand Ascendas REIT shares are owned by institutional investors. 71.6% of Lineage shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares CapitaLand Ascendas REIT and Lineage’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CapitaLand Ascendas REIT	N/A	N/A	N/A
Lineage	-2.72%	-1.56%	-0.76%

Dividends

CapitaLand Ascendas REIT pays an annual dividend of $0.14 per share and has a dividend yield of 7.5%. Lineage pays an annual dividend of $2.13 per share and has a dividend yield of 5.2%. Lineage pays out -343.5% of its earnings in the form of a dividend.

Analyst Recommendations

This is a breakdown of recent ratings for CapitaLand Ascendas REIT and Lineage, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CapitaLand Ascendas REIT	0	0	0	0	0.00
Lineage	4	9	5	0	2.06

Lineage has a consensus price target of $43.62, indicating a potential upside of 7.34%. Given Lineage’s stronger consensus rating and higher possible upside, analysts plainly believe Lineage is more favorable than CapitaLand Ascendas REIT.

Valuation and Earnings

This table compares CapitaLand Ascendas REIT and Lineage”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CapitaLand Ascendas REIT	N/A	N/A	N/A	N/A	N/A
Lineage	$5.36 billion	1.73	-$100.00 million	($0.62)	-65.55

CapitaLand Ascendas REIT has higher earnings, but lower revenue than Lineage.

About CapitaLand Ascendas REIT

CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets. As at 31 December 2023, its investment properties under management stood at S$16.9 billion. It owns a total of 232 properties across three segments, namely Business Space and Life Sciences; Logistics; and Industrial and Data Centres. These properties are in the developed markets of Singapore, the United States, Australia, and the United Kingdom/Europe. These properties house a tenant base of approximately 1,790 international and local companies from a wide range of industries and activities, including data centres, information technology, engineering, logistics & supply chain management, biomedical sciences, financial services (backroom office support), electronics, government and other manufacturing and services industries. Major tenants include Singtel, DSO National Laboratories, SEA Group, Stripe, Entserve UK, DBS, Seagate, Citibank, Pinterest, and Equinix. CLAR is listed in several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. CLAR has an issuer rating of A3′ by Moody’s Investors Service. CLAR is managed by CapitaLand Ascendas REIT Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

About Lineage

Lineage, Inc. is the world’s largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84.1 million square feet and 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world’s largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world.