Singapore Technologies Engineering Ltd, an investment holding company, operates as a technology, defense, and engineering company worldwide.
Solid track record average dividend payer.
Share Price & News
How has Singapore Technologies Engineering's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S63 has not had significant price volatility in the past 3 months.
7 Day Return
SG Aerospace & Defense
1 Year Return
SG Aerospace & Defense
Return vs Industry: S63 underperformed the SG Aerospace & Defense industry which returned 51.8% over the past year.
Return vs Market: S63 underperformed the SG Market which returned -19.5% over the past year.
Price Volatility Vs. Market
How volatile is Singapore Technologies Engineering's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat We Make Of Singapore Technologies Engineering's (SGX:S63) Returns On Capital
3 weeks ago | Simply Wall StZooming in on SGX:S63's 4.6% Dividend Yield
1 month ago | Simply Wall StIs Singapore Technologies Engineering Ltd's (SGX:S63) CEO Paid Enough Relative To Peers?
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 (SGD3.22) is trading below our estimate of fair value (SGD3.73)
Significantly Below Fair Value: S63 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: S63 is good value based on its PE Ratio (17.4x) compared to the XA Aerospace & Defense industry average (49.5x).
PE vs Market: S63 is poor value based on its PE Ratio (17.4x) compared to the SG market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: S63 is poor value based on its PEG Ratio (7.8x)
Price to Book Ratio
PB vs Industry: S63 is overvalued based on its PB Ratio (4.5x) compared to the XA Aerospace & Defense industry average (3.2x).
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 (2.2% per year) is above the savings rate (2.2%).
Earnings vs Market: S63's earnings (2.2% per year) are forecast to grow slower than the SG market (19.8% per year).
High Growth Earnings: S63's earnings are forecast to grow, but not significantly.
Revenue vs Market: S63's revenue (2.9% per year) is forecast to grow slower than the SG market (6% per year).
High Growth Revenue: S63's revenue (2.9% 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 (25%)
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 (7.3%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: S63's earnings have grown by 0.8% per year over the past 5 years.
Accelerating Growth: S63's earnings growth over the past year (16.9%) exceeds its 5-year average (0.8% per year).
Earnings vs Industry: S63 earnings growth over the past year (16.9%) exceeded the Aerospace & Defense industry 11.9%.
Return on Equity
High ROE: S63's Return on Equity (23.8%) is considered high.
How is Singapore Technologies Engineering's financial position?
Financial Position Analysis
Short Term Liabilities: S63's short term assets (SGD4.6B) do not cover its short term liabilities (SGD5.4B).
Long Term Liabilities: S63's short term assets (SGD4.6B) exceed its long term liabilities (SGD1.6B).
Debt to Equity History and Analysis
Debt Level: S63's debt to equity ratio (76.8%) is considered high.
Reducing Debt: S63's debt to equity ratio has increased from 44.2% to 76.8% over the past 5 years.
Debt Coverage: S63's debt is well covered by operating cash flow (30.8%).
Interest Coverage: S63's interest payments on its debt are well covered by EBIT (19.4x 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 (4.66%) is higher than the bottom 25% of dividend payers in the SG market (2.67%).
High Dividend: S63's dividend (4.66%) is low compared to the top 25% of dividend payers in the SG market (5.97%).
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 (81%), 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 (75.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vincent Chong (51 yo)
Mr. Sy Feng Chong, also known as Vincent, has been Chief Executive Officer and President at Singapore Technologies Engineering Ltd since October 1, 2016. Mr. Chong served as Deputy Chief Executive Officer ...
CEO Compensation Analysis
Compensation vs Market: Vincent's total compensation ($USD3.63M) is about average for companies of similar size in the SG market ($USD3.10M).
Compensation vs Earnings: Vincent's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||3.08yrs||no data||no data|
|Chief Technology Officer and President of Advanced Engineering Centre||no data||no data||no data|
|Chief Information Officer||no data||no data||no data|
|Head of Corporate Communications & Investor Relations||no data||no data||no data|
|Senior VP of Legal & Company Secretary||no data||no data||no data|
|Senior Vice President of Human Resource||6.58yrs||no data||no data|
|Chief Procurement Officer||no data||no data||no data|
|Executive Vice President of International Marketing||no data||no data||no data|
|Senior Vice President of Mergers & Acquisitions||no data||no data||no data|
|Senior Vice President of Strategic Plans||no data||no data||no data|
|Senior Vice President of Internal Audit||no data||no data||no data|
Experienced Management: S63's management team is considered experienced (3.8 years average tenure).
|Non-Executive Independent Director||4.75yrs||S$162.00k||0.0028% |
|Non-Executive Chairman of VT Systems||18.67yrs||no data||no data|
|Independent Non-Executive Director||2.08yrs||S$170.00k||0.0029% |
|Independent Non-Executive Director||0.17yr||no data||no data|
|Independent Chairman||7.33yrs||S$750.00k||0.037% |
|Non-Executive Director||4yrs||S$22.50k||no data|
|Non-Executive & Independent Director||7.08yrs||S$198.81k||0.0024% |
|Independent Non-Executive Director||1.92yrs||S$169.50k||0.00056% |
|Non-Executive Independent Director||5.25yrs||S$167.50k||0.0021% |
|Non-Independent Non-Executive Director||2.17yrs||S$11.25k||no data|
|Non-Independent Non-Executive Director||1.17yrs||S$6.41k||no data|
Experienced Board: S63's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: S63 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 company bio, 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$10.042b
- 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
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SGGK.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 1997|
|SJX||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 1997|
|S63||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Dec 1997|
|SGGK.Y||OTCPK (Pink Sheets LLC)||UNSPONSOR ADR||US||USD||Nov 2008|
Singapore Technologies Engineering Ltd, an investment holding company, operates as a technology, defense, and engineering company worldwide. The company’s Aerospace segment offers aircraft maintenance, eng ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/10 12:58|
|End of Day Share Price||2020/08/07 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.