Singapore Telecommunications Limited

DB:SIT4 Stock Report

Market Cap: €39.0b

Singapore Telecommunications Valuation

Is SIT4 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SIT4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€5.85
Fair Value
59.8% undervalued intrinsic discount
17
Number of Analysts

Below Fair Value: SIT4 (€2.35) is trading below our estimate of fair value (€5.85)

Significantly Below Fair Value: SIT4 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SIT4?

Key metric: As SIT4 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SIT4. This is calculated by dividing SIT4's market cap by their current revenue.
What is SIT4's PS Ratio?
PS Ratio3.9x
SalesS$14.09b
Market CapS$54.95b

Price to Sales Ratio vs Peers

How does SIT4's PS Ratio compare to its peers?

The above table shows the PS ratio for SIT4 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.3x
DTE Deutsche Telekom
1.4x2.9%€158.4b
O2D Telefónica Deutschland Holding
0.7x-0.9%€6.1b
UTDI United Internet
0.4x3.8%€2.8b
EAND Emirates Telecommunications Group Company PJSC
2.6x8.8%د.إ148.7b
SIT4 Singapore Telecommunications
3.9x2.6%€54.9b

Price-To-Sales vs Peers: SIT4 is expensive based on its Price-To-Sales Ratio (3.9x) compared to the peer average (1.3x).


Price to Sales Ratio vs Industry

How does SIT4's PS Ratio compare vs other companies in the European Telecom Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
No. of Companies10PS012345+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SIT4 is expensive based on its Price-To-Sales Ratio (3.9x) compared to the European Telecom industry average (1x).


Price to Sales Ratio vs Fair Ratio

What is SIT4's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SIT4 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.9x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: SIT4 is expensive based on its Price-To-Sales Ratio (3.9x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SIT4 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.35
€2.65
+12.5%
7.1%€3.27€2.40n/a17
Jan ’26€2.21
€2.63
+19.0%
7.1%€3.25€2.38n/a17
Dec ’25€2.20
€2.62
+19.2%
7.3%€3.25€2.37n/a17
Nov ’25€2.14
€2.58
+20.8%
7.5%€3.21€2.35n/a17
Oct ’25€2.23
€2.46
+10.5%
11.1%€3.19€1.74n/a16
Sep ’25€2.17
€2.40
+10.5%
11.7%€3.19€1.73n/a17
Aug ’25€2.01
€2.34
+16.4%
11.9%€3.14€1.71n/a17
Jul ’25€1.86
€2.20
+17.8%
12.7%€3.03€1.72n/a17
Jun ’25€1.68
€2.16
+29.1%
12.8%€3.00€1.71n/a17
May ’25€1.62
€2.11
+29.8%
13.2%€3.02€1.65n/a17
Apr ’25€1.72
€2.11
+22.4%
13.8%€3.03€1.65n/a17
Mar ’25€1.59
€2.10
+32.1%
14.1%€3.02€1.64n/a16
Feb ’25€1.65
€2.10
+27.8%
14.1%€3.00€1.64€2.3516
Jan ’25€1.67
€2.10
+25.8%
14.1%€3.00€1.64€2.2116
Dec ’24€1.55
€2.10
+35.6%
14.1%€3.00€1.64€2.2016
Nov ’24€1.64
€2.14
+30.7%
13.9%€3.04€1.74€2.1417
Oct ’24€1.66
€2.11
+27.1%
14.1%€3.02€1.73€2.2317
Sep ’24€1.61
€2.09
+30.0%
13.9%€2.99€1.71€2.1718
Aug ’24€1.83
€2.13
+16.6%
12.7%€2.99€1.71€2.0118
Jul ’24€1.69
€2.16
+28.0%
13.0%€3.04€1.74€1.8617
Jun ’24€1.71
€2.16
+26.5%
12.7%€3.03€1.74€1.6818
May ’24€1.72
€2.17
+26.8%
12.5%€3.05€1.81€1.6218
Apr ’24€1.68
€2.17
+29.4%
12.5%€3.05€1.81€1.7218
Mar ’24€1.66
€2.19
+32.1%
12.6%€3.08€1.84€1.5918
Feb ’24€1.75
€2.24
+27.8%
10.9%€3.09€1.91€1.6518
Analyst Price Target
Consensus Narrative from 17 Analysts
€2.63
Fair Value
10.5% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 02:49
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Singapore Telecommunications Limited is covered by 43 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anand RamachandranBarclays
Choong Chen FoongBNP Paribas Securities (Asia)
Sukriti BansalBofA Global Research