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Market Cap

S$9.8b

Last Updated

2021/05/13 11:03 UTC

Data Sources

Company Financials +

Executive Summary

Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asia. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Genting Singapore's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: G13 is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: G13's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-4.1%

G13

-2.4%

SG Hospitality

-1.4%

SG Market


1 Year Return

11.0%

G13

17.0%

SG Hospitality

21.2%

SG Market

Return vs Industry: G13 underperformed the SG Hospitality industry which returned 13.4% over the past year.

Return vs Market: G13 underperformed the SG Market which returned 19.3% over the past year.


Shareholder returns

G13IndustryMarket
7 Day-4.1%-2.4%-1.4%
30 Day-11.0%-5.5%-2.4%
90 Day-5.8%0.7%5.1%
1 Year15.7%11.0%21.0%17.0%26.9%21.2%
3 Year-32.6%-38.6%-27.4%-32.9%-4.1%-15.6%
5 Year30.1%11.7%19.0%4.1%23.4%1.1%

Long-Term Price Volatility Vs. Market

How volatile is Genting Singapore's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Genting Singapore undervalued compared to its fair value and its price relative to the market?

31.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: G13 (SGD0.81) is trading below our estimate of fair value (SGD1.18)

Significantly Below Fair Value: G13 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: G13 is poor value based on its PE Ratio (141.1x) compared to the SG Hospitality industry average (19.9x).

PE vs Market: G13 is poor value based on its PE Ratio (141.1x) compared to the SG market (15.6x).


Price to Earnings Growth Ratio

PEG Ratio: G13 is poor value based on its PEG Ratio (4x)


Price to Book Ratio

PB vs Industry: G13 is overvalued based on its PB Ratio (1.2x) compared to the SG Hospitality industry average (0.7x).


Future Growth

How is Genting Singapore forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

35.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: G13's forecast earnings growth (35.4% per year) is above the savings rate (1.9%).

Earnings vs Market: G13's earnings (35.4% per year) are forecast to grow faster than the SG market (24.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: G13's revenue (19.2% per year) is forecast to grow faster than the SG market (7.8% per year).

High Growth Revenue: G13's revenue (19.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: G13's Return on Equity is forecast to be low in 3 years time (7.3%).


Past Performance

How has Genting Singapore performed over the past 5 years?

11.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: G13 has high quality earnings.

Growing Profit Margin: G13's current net profit margins (6.5%) are lower than last year (27.7%).


Past Earnings Growth Analysis

Earnings Trend: G13's earnings have grown by 11.4% per year over the past 5 years.

Accelerating Growth: G13's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: G13 had negative earnings growth (-89.9%) over the past year, making it difficult to compare to the Hospitality industry average (21.5%).


Return on Equity

High ROE: G13's Return on Equity (0.9%) is considered low.


Financial Health

How is Genting Singapore's financial position?


Financial Position Analysis

Short Term Liabilities: G13's short term assets (SGD4.1B) exceed its short term liabilities (SGD463.2M).

Long Term Liabilities: G13's short term assets (SGD4.1B) exceed its long term liabilities (SGD488.7M).


Debt to Equity History and Analysis

Debt Level: G13's debt to equity ratio (3.3%) is considered satisfactory.

Reducing Debt: G13's debt to equity ratio has reduced from 16.9% to 3.3% over the past 5 years.

Debt Coverage: G13's debt is well covered by operating cash flow (96.3%).

Interest Coverage: G13 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Genting Singapore current dividend yield, its reliability and sustainability?

1.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: G13's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (1.82%).

High Dividend: G13's dividend (1.23%) is low compared to the top 25% of dividend payers in the SG market (4.71%).


Stability and Growth of Payments

Stable Dividend: G13 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: G13 has only been paying a dividend for 9 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (174.2%), G13's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: G13's dividends in 3 years are forecast to be covered by earnings (66.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.3yrs

Average management tenure


CEO

Genting Singapore has no CEO, or we have no data on them.


Leadership Team

Experienced Management: G13's management team is seasoned and experienced (11.3 years average tenure).


Board Members

Experienced Board: G13's board of directors are considered experienced (3.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Genting Singapore Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Genting Singapore Limited
  • Ticker: G13
  • Exchange: SGX
  • Founded: 1984
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: S$9.772b
  • Shares outstanding: 12.06b
  • Website: https://www.gentingsingapore.com

Number of Employees


Location

  • Genting Singapore Limited
  • 10 Sentosa Gateway
  • Resorts World Sentosa
  • Singapore
  • 98270
  • Singapore

Listings


Biography

Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asia. The company primarily owns Resorts World Sentosa, a destination resort, S.E.A. Aqu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 11:03
End of Day Share Price2021/05/12 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.