Genting Singapore Limited

SGX:G13 Stock Report

Market Cap: S$9.1b

Genting Singapore Valuation

Is G13 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of G13 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: G13 (SGD0.75) is trading above our estimate of fair value (SGD0.57)

Significantly Below Fair Value: G13 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for G13?

Key metric: As G13 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for G13. This is calculated by dividing G13's market cap by their current earnings.
What is G13's PE Ratio?
PE Ratio13.1x
EarningsS$691.82m
Market CapS$9.05b

Price to Earnings Ratio vs Peers

How does G13's PE Ratio compare to its peers?

The above table shows the PE ratio for G13 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.9x
H15 Hotel Properties
3.3xn/aS$1.9b
WYNN Wynn Resorts
10.2x-3.9%US$9.6b
SRAD Sportradar Group
80.6x34.3%US$5.0b
LNW Light & Wonder
25.6x22.3%US$7.6b
G13 Genting Singapore
13.1x4.5%S$9.1b

Price-To-Earnings vs Peers: G13 is good value based on its Price-To-Earnings Ratio (13.1x) compared to the peer average (29.9x).

Price to Earnings Ratio vs Industry

How does G13's PE Ratio compare vs other companies in the SG Hospitality Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
H15 Hotel Properties
3.3xn/aUS$1.38b
No more companies available in this PE range
G13 13.1xIndustry Avg. 13.7xNo. of Companies6PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: G13 is good value based on its Price-To-Earnings Ratio (13.1x) compared to the SG Hospitality industry average (13.7x).

Price to Earnings Ratio vs Fair Ratio

What is G13's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

G13 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.1x
Fair PE Ratio15.5x

Price-To-Earnings vs Fair Ratio: G13 is good value based on its Price-To-Earnings Ratio (13.1x) compared to the estimated Fair Price-To-Earnings Ratio (15.5x).

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 G13 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentS$0.75
S$1.01
+34.5%
11.3%S$1.22S$0.80n/a17
Dec ’25S$0.77
S$1.01
+31.9%
11.3%S$1.22S$0.80n/a17
Nov ’25S$0.84
S$1.11
+31.0%
13.6%S$1.45S$0.87n/a17
Oct ’25S$0.88
S$1.11
+26.7%
13.5%S$1.45S$0.87n/a17
Sep ’25S$0.81
S$1.11
+37.7%
13.5%S$1.45S$0.87n/a17
Aug ’25S$0.84
S$1.15
+36.2%
11.1%S$1.33S$0.87n/a17
Jul ’25S$0.84
S$1.16
+37.0%
11.1%S$1.33S$0.87n/a17
Jun ’25S$0.91
S$1.16
+27.2%
11.1%S$1.33S$0.87n/a17
May ’25S$0.92
S$1.15
+25.7%
11.5%S$1.33S$0.87n/a17
Apr ’25S$0.91
S$1.15
+27.0%
11.5%S$1.33S$0.87n/a17
Mar ’25S$0.91
S$1.15
+27.0%
11.5%S$1.33S$0.87n/a17
Feb ’25S$1.02
S$1.16
+13.8%
8.7%S$1.31S$0.98n/a17
Jan ’25S$1.00
S$1.15
+14.5%
9.4%S$1.31S$0.98n/a17
Dec ’24S$0.92
S$1.15
+24.5%
9.4%S$1.31S$0.98S$0.7717
Nov ’24S$0.86
S$1.13
+30.4%
10.8%S$1.30S$0.96S$0.8417
Oct ’24S$0.84
S$1.13
+33.9%
10.5%S$1.30S$0.96S$0.8817
Sep ’24S$0.88
S$1.14
+29.8%
10.3%S$1.30S$0.96S$0.8118
Aug ’24S$0.94
S$1.14
+21.0%
9.3%S$1.28S$0.96S$0.8418
Jul ’24S$0.94
S$1.15
+22.1%
8.9%S$1.28S$0.96S$0.8418
Jun ’24S$1.00
S$1.15
+14.8%
8.9%S$1.28S$0.96S$0.9118
May ’24S$1.13
S$1.15
+1.9%
10.0%S$1.36S$0.94S$0.9218
Apr ’24S$1.12
S$1.13
+1.0%
8.5%S$1.28S$0.94S$0.9118
Mar ’24S$1.03
S$1.10
+7.1%
9.6%S$1.26S$0.90S$0.9119
Feb ’24S$0.99
S$1.02
+3.0%
10.2%S$1.21S$0.87S$1.0219
Jan ’24S$0.95
S$0.98
+2.7%
9.9%S$1.20S$0.85S$1.0019
Dec ’23S$0.88
S$0.98
+11.5%
9.9%S$1.20S$0.85S$0.9219

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 20:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 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

Genting Singapore Limited is covered by 35 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
Huey GanAmInvestment Bank Berhad
Michael GreenallBNP Paribas Securities (Asia)
Ronald LeungBofA Global Research