DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION
Loading...
  • Stocks
  • /
  • Capital Goods
Updated 42m ago
S63 logo

Singapore Technologies Engineering LtdSGX:S63 Stock Report

Market Cap S$31.9b
Updated 42m ago
Share Price
n/a
1Y25.1%
7D-1.7%
1D-0.2%
Portfolio Value
​
View

Singapore Technologies Engineering Ltd

SGX:S63 Stock Report

Market Cap: S$31.9b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Singapore Technologies Engineering (S63) Stock Overview

Operates as a technology, defence, and engineering company worldwide. More details

S63 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance1/6
Financial Health3/6
Dividends2/6

Rewards

Trading at 18.6% below our estimate of its fair value

Earnings are forecast to grow 20.09% per year

Risk Analysis

Large one-off items impacting financial results

Has a high level of debt

Profit margins (4.4%) are lower than last year (6.6%)


S63 Community Fair Values

Create Narrative

See what 62 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
11.7% undervalued intrinsic discount
AnalystConsensusTarget
•3mo ago

Investments In MRO Capacities And International Expansion Will Strengthen Future Competitiveness

493
1
33
AN
AnalystLowTarget
11.0% overvalued intrinsic discount
AnalystLowTarget
•2mo ago

Rising Defense Spending And Satcom Shifts Will Pressure Margins And Future Earnings Potential

125
0
2
AN
AnalystHighTarget
21.4% undervalued intrinsic discount
AnalystHighTarget
•6mo ago

Record Order Book And Global Defense Demand Will Reshape Long Term Earnings Profile

42
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
11.7% undervalued intrinsic discount
AnalystConsensusTarget
•3mo ago

Investments In MRO Capacities And International Expansion Will Strengthen Future Competitiveness

493
1
33
AN
AnalystLowTarget
11.0% overvalued intrinsic discount
AnalystLowTarget
•2mo ago

Rising Defense Spending And Satcom Shifts Will Pressure Margins And Future Earnings Potential

125
0
2
AN
AnalystHighTarget
21.4% undervalued intrinsic discount
AnalystHighTarget
•6mo ago

Record Order Book And Global Defense Demand Will Reshape Long Term Earnings Profile

42
0
0
View all narratives

Singapore Technologies Engineering Ltd Competitors

Yangzijiang Shipbuilding (Holdings)

Symbol: SGX:BS6
Market cap: S$20.1b

Jardine Matheson Holdings

Symbol: SGX:J36
Market cap: US$17.1b

Keppel

Symbol: SGX:BN4
Market cap: S$20.3b

JEP Holdings

Symbol: Catalist:1J4
Market cap: S$198.3m

Price History & Performance

Summary of share price highs, lows and changes for Singapore Technologies Engineering
Historical stock prices
Current Share PriceS$10.22
52 Week HighS$11.63
52 Week LowS$8.03
Beta0.16
1 Month Change-6.75%
3 Month Change-5.28%
1 Year Change25.09%
3 Year Change162.72%
5 Year Change171.09%
Change since IPO724.19%

Recent News & Updates

Recent updates

User avatar
Narrative Update • Jun 26

S63: Future Contracts And Buybacks Will Struggle To Justify Rich P/E

The analyst price target for Singapore Technologies Engineering has been updated from SGD7.28 to SGD9.21, with analysts attributing this change to revised assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What’s in the News for Singapore Technologies Engineering Approved a special tax exempt one tier dividend of $0.05 per share for the financial year ended December 31, 2025, at the 29th AGM on April 23, 2026.
User avatar
Narrative Update • Jun 12

S63: Special Dividend And Robust New Contracts Will Support Steady Returns

Analysts have kept their SGD 11.58 price target for Singapore Technologies Engineering unchanged, as only minor tweaks to discount rate assumptions and long term P/E inputs currently leave their overall valuation view steady. What's in the News Shareholders approved a special tax exempt one tier dividend of $0.05 per share at the 29th AGM held on April 23, 2026 for the financial year ended December 31, 2025.
User avatar
Narrative Update • May 29

S63: Record Contracts And Special Dividend Will Support Measured Forward Returns

The analyst price target for Singapore Technologies Engineering has shifted from SGD$12.17 to SGD$11.58. Analysts attribute this change to updated assumptions around discount rates, revenue growth, profit margins and a slightly lower future P/E multiple, which are cited as the key drivers of this recalibration.
User avatar
Narrative Update • May 11

S63: Record Contract Wins And Special Dividend Will Support Forward Returns

Analysts have lifted their price target for Singapore Technologies Engineering from SGD 11.41 to SGD 12.17, citing updated assumptions on the discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News Secured about $4.8b in new contracts in Q1 2026 across Commercial Aerospace, Defence & Public Security, and Urban Solutions & Satcom segments, spread across MRO, systems, and infrastructure work (client announcement).
User avatar
Narrative Update • Apr 27

S63: Contract Wins And FY2025 Dividends Will Support Steady Forward Returns

Analysts have kept their SGD 11.41 price target for Singapore Technologies Engineering unchanged, pointing to relatively stable assumptions around discount rate, revenue growth, profit margin and future P/E as support for holding that line. What's in the News Proposed final and special tax exempt dividends of $0.06 and $0.05 per share for FY2025, with entitlement based on shareholders on record as of 5.00 p.m. on 29 April 2026, subject to approval at the AGM on 23 April 2026.
User avatar
Narrative Update • Apr 12

S63: Contract Wins And FY2025 Dividends Will Underpin Steady Returns

Analysts have nudged their price target for Singapore Technologies Engineering slightly higher from SGD11.26 to SGD11.41. This reflects updated assumptions around the discount rate, revenue growth, profit margin and future P/E multiples.
User avatar
Narrative Update • Mar 28

S63: Contract Momentum And Higher Dividends Will Support Steady Returns

Analysts have lifted their price target for Singapore Technologies Engineering from SGD 10.84 to SGD 11.26, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E multiples. What's in the News Proposed final and special tax exempt dividends of SGD 0.06 and SGD 0.05 per share for FY2025, subject to shareholder approval at the AGM scheduled for 23 April 2026.
User avatar
Narrative Update • Mar 12

S63: Contract Wins And Dividend Outlook Will Support Steady Returns

Analysts have adjusted their fair value estimate for Singapore Technologies Engineering from SGD 9.60 to SGD 10.84, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E levels. What's in the News Proposed final dividend of 6 cents per share and special tax exempt dividend of 5 cents per share for FY2025, subject to shareholder approval at the AGM scheduled for 23 April 2026 (company announcement).
User avatar
New Narrative • Mar 10

Record Order Book And Global Defense Demand Will Reshape Long Term Earnings Profile

Catalysts About Singapore Technologies Engineering Singapore Technologies Engineering is a global technology, defense and engineering group with businesses across commercial aerospace, defense and public security, and urban solutions and Satcom. What are the underlying business or industry changes driving this perspective?
User avatar
Narrative Update • Feb 25

S63: Contract Wins And Digital Aerospace Partnership Will Support Steady Returns

Analysts have kept their price target on Singapore Technologies Engineering steady at SGD 9.60, with minimal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. These changes reflect only minor model refinements rather than a change in conviction.
User avatar
Narrative Update • Feb 10

S63: Contract Momentum And Special Dividends Will Support Steady Forward Returns

Analysts have lifted their price target for Singapore Technologies Engineering from $9.22 to $9.60 as they factor in updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E multiples. What's in the News ST Engineering reported about $4.7b of new contracts in 4Q 2025 across Commercial Aerospace, Defence & Public Security, and Urban Solutions & Satcom, bringing total contract wins for 2025 to $18.7b, compared with $12.6b in 2024 (company announcement).
User avatar
New Narrative • Jan 30

Rising Defense Spending And Satcom Shifts Will Pressure Margins And Future Earnings Potential

Catalysts About Singapore Technologies Engineering Singapore Technologies Engineering is a global technology, defense and engineering group with businesses across commercial aerospace, defense and public security, and urban solutions and satellite communications. What are the underlying business or industry changes driving this perspective?
User avatar
Narrative Update • Jan 26

S63: Special Dividends And Solid Earnings Outlook Will Support Steady Returns

Analysts have nudged their price target for Singapore Technologies Engineering higher to $9.22 from $9.01. This reflects updated views on fair value, discount rate, profit margin and future P/E assumptions.
User avatar
Narrative Update • Jan 12

S63: Dividends And Strong Contract Wins Will Support Steady Outlook

Analysts have nudged their fair value estimate for Singapore Technologies Engineering higher to $9.01 from $8.83, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E multiples. What's in the News Company guided that it expects to report a positive net profit for the second half of 2025 after accounting for all one off effects in that period.
Analysis Article • Dec 02

Singapore Technologies Engineering (SGX:S63) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Nov 14

Singapore Technologies Engineering (SGX:S63) Is Due To Pay A Dividend Of SGD0.04

Singapore Technologies Engineering Ltd ( SGX:S63 ) will pay a dividend of SGD0.04 on the 5th of December. This makes...
User avatar
Narrative Update • Nov 13

S63: Dividend Proposals And Contract Wins Will Support Steady Performance

Analysts have raised their price target for Singapore Technologies Engineering from $8.70 to $8.83, citing modest improvements in projected revenue growth and profit margins as reasons for the adjustment. What's in the News A special dividend of 5.0 cents per share has been proposed for the year 2025 (Key Developments).
Analysis Article • Oct 18

Calculating The Fair Value Of Singapore Technologies Engineering Ltd (SGX:S63)

Key Insights The projected fair value for Singapore Technologies Engineering is S$9.26 based on 2 Stage Free Cash Flow...
Analysis Article • Sep 17

With EPS Growth And More, Singapore Technologies Engineering (SGX:S63) Makes An Interesting Case

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
User avatar
Narrative Update • Aug 30

Investments In MRO Capacities And International Expansion Will Strengthen Future Competitiveness

With the Future P/E and Discount Rate remaining effectively unchanged, analysts have made only a minimal downward revision to Singapore Technologies Engineering’s fair value, decreasing the consensus price target from SGD8.72 to SGD8.62. What's in the News ST Engineering secured approximately $4.7 billion in new contracts in Q2 2025 across Commercial Aerospace, Defence & Public Security, and Urban Solutions & Satcom segments.
User avatar
Narrative Update • Aug 16

Investments In MRO Capacities And International Expansion Will Strengthen Future Competitiveness

Despite a lower revenue growth forecast, an improved net profit margin has led to a higher analyst price target for Singapore Technologies Engineering, which has increased from SGD8.25 to SGD8.81. What's in the News Secured approximately $4.7 billion in new contracts in 2Q 2025: $1.5 billion from Commercial Aerospace (notable MRO deals and multi-aircraft passenger-to-freighter conversions), $1.5 billion from Defence & Public Security (including unmanned systems for Singapore Navy, digital/AI/cyber solutions, ammunition, and ship maintenance), and $1.7 billion from Urban Solutions & Satcom (major rail projects, tolling systems, and satellite network upgrades).
User avatar
New Narrative • Mar 23

Investments In MRO Capacities And International Expansion Will Strengthen Future Competitiveness

Strong order book and strategic investments enhance revenue visibility, operational capabilities, and margins, supporting long-term growth.

Shareholder Returns

S63SG Aerospace & DefenseSG Market
7D-1.7%0.9%-1.7%
1Y25.1%6.5%22.6%

Return vs Industry: S63 exceeded the SG Aerospace & Defense industry which returned 6.5% over the past year.

Return vs Market: S63 exceeded the SG Market which returned 22.6% over the past year.

Price Volatility

Is S63's price volatile compared to industry and market?
S63 volatility
S63 Average Weekly Movement3.4%
Aerospace & Defense Industry Average Movement7.8%
Market Average Movement5.2%
10% most volatile stocks in SG Market12.5%
10% least volatile stocks in SG Market2.3%

Stable Share Price: S63 has not had significant price volatility in the past 3 months compared to the SG market.

Volatility Over Time: S63's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196727,000Vincent Chongwww.stengg.com

Singapore Technologies Engineering Ltd operates as a technology, defence, and engineering company worldwide. The company operates through Commercial Aerospace, Defence & Public Security, and Urban Solutions & Satcom segments. It provides cabin interiors and engineering solutions; turnkey solutions for composite panels; passenger-to-freighter conversion services; nacelles and aerostructures solutions; precision manufacturing services; unmanned aircraft system solutions; maintenance, repair, and overhaul (MRO) services for airframes, engines, and components; and aviation asset management services, including aircraft and engine leasing.

Singapore Technologies Engineering Ltd Fundamentals Summary

How do Singapore Technologies Engineering's earnings and revenue compare to its market cap?
S63 fundamental statistics
Market capS$31.94b
Earnings (TTM)S$572.07m
Revenue (TTM)S$13.00b
55.7x
P/E Ratio
2.5x
P/S Ratio

Is S63 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
S63 income statement (TTM)
RevenueS$13.00b
Cost of RevenueS$10.50b
Gross ProfitS$2.50b
Other ExpensesS$1.93b
EarningsS$572.07m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin19.26%
Net Profit Margin4.40%
Debt/Equity Ratio164.6%

How did S63 perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
104%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 16:32
End of Day Share Price 2026/09/14 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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.

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 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 Github.

Analyst Sources

Singapore Technologies Engineering Ltd is covered by 28 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu Jie LoBofA Global Research
Siew Khee LimCGS International
Thanapol JiratanakijCGS International

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide