Singapore Technologies Engineering Ltd operates as a technology, defense, and engineering company in Asia, Europe, the Middle East, and the United States.
Singapore Technologies Engineering Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||S$3.91|
|52 Week High||S$3.45|
|52 Week Low||S$4.10|
|1 Month Change||2.90%|
|3 Month Change||-0.51%|
|1 Year Change||8.91%|
|3 Year Change||14.33%|
|5 Year Change||23.73%|
|Change since IPO||215.32%|
Recent News & Updates
Singapore Technologies Engineering (SGX:S63) Seems To Use Debt Quite Sensibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Singapore Technologies Engineering (SGX:S63) Will Pay A Dividend Of S$0.05
Singapore Technologies Engineering Ltd's ( SGX:S63 ) investors are due to receive a payment of S$0.05 per share on 31st...
Is Singapore Technologies Engineering Ltd (SGX:S63) Trading At A 34% Discount?
Today we will run through one way of estimating the intrinsic value of Singapore Technologies Engineering Ltd ( SGX:S63...
|S63||SG Aerospace & Defense||SG Market|
Return vs Industry: S63 underperformed the SG Aerospace & Defense industry which returned 14.6% over the past year.
Return vs Market: S63 underperformed the SG Market which returned 21.6% over the past year.
Stable Share Price: S63 is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: S63's weekly volatility (2%) has been stable over the past year.
About the Company
Singapore Technologies Engineering Ltd operates as a technology, defense, and engineering company in Asia, Europe, the Middle East, and the United States. It offers technology and innovation to solve real-world problems through its portfolio of businesses across aerospace, smart city, defense, marine, and public security segments. It serves customers in the defense and commercial segments.
Singapore Technologies Engineering Fundamentals Summary
|S63 fundamental statistics|
Is S63 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|S63 income statement (TTM)|
|Cost of Revenue||S$5.67b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.18|
|Net Profit Margin||7.74%|
How did S63 perform over the long term?See historical performance and comparison
3.8%Current Dividend Yield
Is Singapore Technologies Engineering undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: S63 (SGD3.91) is trading below our estimate of fair value (SGD6.28)
Significantly Below Fair Value: S63 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: S63 is good value based on its PE Ratio (21.7x) compared to the Asian Aerospace & Defense industry average (54.4x).
PE vs Market: S63 is poor value based on its PE Ratio (21.7x) compared to the SG market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: S63 is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: S63 is overvalued based on its PB Ratio (5.4x) compared to the XA Aerospace & Defense industry average (3.3x).
How is Singapore Technologies Engineering forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: S63's forecast earnings growth (7.4% per year) is above the savings rate (1.8%).
Earnings vs Market: S63's earnings (7.4% per year) are forecast to grow slower than the SG market (15.2% per year).
High Growth Earnings: S63's earnings are forecast to grow, but not significantly.
Revenue vs Market: S63's revenue (7.4% per year) is forecast to grow faster than the SG market (7.2% per year).
High Growth Revenue: S63's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: S63's Return on Equity is forecast to be high in 3 years time (24.5%)
How has Singapore Technologies Engineering performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S63 has high quality earnings.
Growing Profit Margin: S63's current net profit margins (7.7%) are higher than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: S63's earnings have grown by 3.5% per year over the past 5 years.
Accelerating Growth: S63's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: S63 had negative earnings growth (-1%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (28.7%).
Return on Equity
High ROE: S63's Return on Equity (22.3%) is considered high.
How is Singapore Technologies Engineering's financial position?
Financial Position Analysis
Short Term Liabilities: S63's short term assets (SGD4.4B) exceed its short term liabilities (SGD3.9B).
Long Term Liabilities: S63's short term assets (SGD4.4B) exceed its long term liabilities (SGD3.0B).
Debt to Equity History and Analysis
Debt Level: S63's debt to equity ratio (80.5%) is considered high.
Reducing Debt: S63's debt to equity ratio has increased from 44.9% to 80.5% over the past 5 years.
Debt Coverage: S63's debt is well covered by operating cash flow (46.3%).
Interest Coverage: S63's interest payments on its debt are well covered by EBIT (12.2x coverage).
What is Singapore Technologies Engineering current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: S63's dividend (3.84%) is higher than the bottom 25% of dividend payers in the SG market (1.93%).
High Dividend: S63's dividend (3.84%) is low compared to the top 25% of dividend payers in the SG market (5.25%).
Stability and Growth of Payments
Stable Dividend: S63's dividend payments have been volatile in the past 10 years.
Growing Dividend: S63's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.4%), S63's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: S63's dividends in 3 years are forecast to be covered by earnings (76.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vincent Chong (52 yo)
Mr. Sy Feng Chong, also known as Vincent, has been Group President and Chief Executive Officer at Singapore Technologies Engineering Ltd since 2021. He had been Chief Executive Officer and President at Sin...
CEO Compensation Analysis
Compensation vs Market: Vincent's total compensation ($USD2.78M) is about average for companies of similar size in the SG market ($USD3.24M).
Compensation vs Earnings: Vincent's compensation has been consistent with company performance over the past year.
Experienced Management: S63's management team is considered experienced (4.3 years average tenure).
Experienced Board: S63's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Singapore Technologies Engineering Ltd's employee growth, exchange listings and data sources
- Name: Singapore Technologies Engineering Ltd
- Ticker: S63
- Exchange: SGX
- Founded: 1997
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: S$12.185b
- Shares outstanding: 3.12b
- Website: https://www.stengg.com
Number of Employees
- Singapore Technologies Engineering Ltd
- No. 07-01, ST Engineering Hub
- 1 Ang Mo Kio Electronics Park Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 11:03|
|End of Day Share Price||2021/10/15 00:00|
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.