Loading...
S63 logo

Singapore Technologies Engineering LtdSGX:S63 Stock Report

Market Cap S$35.1b
Share Price
S$11.25
S$12.17
7.5% undervalued intrinsic discount
1Y48.8%
7D4.3%
1D
Portfolio Value
View

Singapore Technologies Engineering Ltd

SGX:S63 Stock Report

Market Cap: S$35.1b

Singapore Technologies Engineering (S63) Stock Overview

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

S63 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance1/6
Financial Health4/6
Dividends2/6

S63 Community Fair Values

Create Narrative

See what 55 others think this stock is worth. Follow their fair value or set your own to get alerts.

Singapore Technologies Engineering Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Singapore Technologies Engineering
Historical stock prices
Current Share PriceS$11.25
52 Week HighS$11.63
52 Week LowS$7.45
Beta0.14
1 Month Change2.09%
3 Month Change9.86%
1 Year Change48.81%
3 Year Change200.00%
5 Year Change190.70%
Change since IPO807.26%

Recent News & Updates

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).
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.
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.

Recent updates

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).
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.
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.
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.
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).
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?
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.
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).
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?
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.
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...
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...
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.
Analysis Article Aug 18

Singapore Technologies Engineering (SGX:S63) Will Pay A Dividend Of SGD0.04

Singapore Technologies Engineering Ltd ( SGX:S63 ) will pay a dividend of SGD0.04 on the 5th of September. This makes...
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).
Analysis Article Jul 06

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

Key Insights Singapore Technologies Engineering's estimated fair value is S$9.69 based on 2 Stage Free Cash Flow to...
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
7D4.3%-0.1%0.4%
1Y48.8%33.6%29.6%

Return vs Industry: S63 exceeded the SG Aerospace & Defense industry which returned 33.6% over the past year.

Return vs Market: S63 exceeded the SG Market which returned 29.6% over the past year.

Price Volatility

Is S63's price volatile compared to industry and market?
S63 volatility
S63 Average Weekly Movement4.3%
Aerospace & Defense Industry Average Movement7.9%
Market Average Movement6.1%
10% most volatile stocks in SG Market14.3%
10% least volatile stocks in SG Market2.7%

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 (4%) 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$35.11b
Earnings (TTM)S$462.77m
Revenue (TTM)S$12.35b
75.9x
P/E Ratio
2.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
S63 income statement (TTM)
RevenueS$12.35b
Cost of RevenueS$10.00b
Gross ProfitS$2.35b
Other ExpensesS$1.89b
EarningsS$462.77m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin19.02%
Net Profit Margin3.75%
Debt/Equity Ratio142.1%

How did S63 perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
121%
Payout Ratio

Does S63 pay a reliable dividends?

See S63 dividend history and benchmarks
When do you need to buy S63 by to receive an upcoming dividend?
Singapore Technologies Engineering dividend dates
Ex Dividend DateMay 26 2026
Dividend Pay DateJun 11 2026
Days until Ex dividend0 days
Days until Dividend pay date16 days

Does S63 pay a reliable dividends?

See S63 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 21:47
End of Day Share Price 2026/05/25 00:00
Earnings2025/12/31
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
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.

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 Github.

Analyst Sources

Singapore Technologies Engineering Ltd is covered by 24 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