Executive Summary
StarHub Ltd, an integrated info communications company, provides communications, entertainment, and digital solutions for consumers and enterprises in Singapore. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet.
Similar Companies
Share Price & News
How has StarHub's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CC3 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.8%
CC3
0.8%
SG Wireless Telecom
-0.09%
SG Market
1 Year Return
-6.9%
CC3
3.4%
SG Wireless Telecom
-21.9%
SG Market
Return vs Industry: CC3 underperformed the SG Wireless Telecom industry which returned 3.4% over the past year.
Return vs Market: CC3 exceeded the SG Market which returned -21.8% over the past year.
Shareholder returns
| CC3 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | 0.8% | -0.09% |
| 30 Day | 3.4% | 9.3% | 2.4% |
| 90 Day | -4.7% | -0.06% | -2.0% |
| 1 Year | -1.9%-6.9% | 8.0%3.4% | -17.6%-21.9% |
| 3 Year | -44.2%-54.5% | 5.6%-5.7% | -20.1%-29.8% |
| 5 Year | -53.2%-66.1% | 15.4%-4.6% | -5.0%-22.3% |
Price Volatility Vs. Market
How volatile is StarHub's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
StarHub's (SGX:CC3) Stock Price Has Reduced67% In The Past Five Years5 months ago | Simply Wall St
Why StarHub Ltd’s (SGX:CC3) Return On Capital Employed Is Impressive6 months ago | Simply Wall St
Read This Before Buying StarHub Ltd (SGX:CC3) For Its DividendValuation
Is StarHub undervalued compared to its fair value and its price relative to the market?
49.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CC3 (SGD1.22) is trading below our estimate of fair value (SGD2.4)
Significantly Below Fair Value: CC3 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CC3 is good value based on its PE Ratio (13x) compared to the XA Wireless Telecom industry average (14.4x).
PE vs Market: CC3 is good value based on its PE Ratio (13x) compared to the SG market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: CC3 is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: CC3 is overvalued based on its PB Ratio (3.9x) compared to the XA Wireless Telecom industry average (1.9x).
Next Steps
Future Growth
How is StarHub forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
2.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CC3's forecast earnings growth (2.7% per year) is above the savings rate (2.2%).
Earnings vs Market: CC3's earnings (2.7% per year) are forecast to grow slower than the SG market (22% per year).
High Growth Earnings: CC3's earnings are forecast to grow, but not significantly.
Revenue vs Market: CC3's revenue (4.7% per year) is forecast to grow slower than the SG market (6.8% per year).
High Growth Revenue: CC3's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CC3's Return on Equity is forecast to be high in 3 years time (30.6%)
Next Steps
Past Performance
How has StarHub performed over the past 5 years?
-20.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CC3 has high quality earnings.
Growing Profit Margin: CC3's current net profit margins (7.6%) are higher than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: CC3's earnings have declined by 20.1% per year over the past 5 years.
Accelerating Growth: CC3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CC3 had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Wireless Telecom industry average (-0.2%).
Return on Equity
High ROE: Whilst CC3's Return on Equity (27.49%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is StarHub's financial position?
Financial Position Analysis
Short Term Liabilities: CC3's short term assets (SGD1.2B) do not cover its short term liabilities (SGD1.3B).
Long Term Liabilities: CC3's short term assets (SGD1.2B) exceed its long term liabilities (SGD1.0B).
Debt to Equity History and Analysis
Debt Level: CC3's debt to equity ratio (202%) is considered high.
Reducing Debt: CC3's debt to equity ratio has reduced from 441.1% to 202% over the past 5 years.
Debt Coverage: CC3's debt is well covered by operating cash flow (49.5%).
Interest Coverage: CC3's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
Next Steps
Dividend
What is StarHub current dividend yield, its reliability and sustainability?
4.10%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CC3's dividend (4.1%) is higher than the bottom 25% of dividend payers in the SG market (2.52%).
High Dividend: CC3's dividend (4.1%) is low compared to the top 25% of dividend payers in the SG market (5.36%).
Stability and Growth of Payments
Stable Dividend: CC3's dividend payments have been volatile in the past 10 years.
Growing Dividend: CC3's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.7%), CC3's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CC3's dividends in 3 years are forecast to be covered by earnings (84.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Peter Kaliaropoulos (61 yo)
2.25yrs
Tenure
S$3,258,159
Compensation
Mr. Peter Kaliaropoulos has been the Chief Executive Officer of StarHub Ltd. since July 9, 2018. He was Chief Executive Officer at Mobile Telecommunications Company Saudi Arabia (a/k/a, Jain KSA) from Janu ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD2.40M) is above average for companies of similar size in the SG market ($USD1.67M).
Compensation vs Earnings: Peter's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.25yrs | S$3.26m | 0.013% SGD 276.5k | |
| Chief Financial Officer | 5.25yrs | no data | no data | |
| Chief Technology Officer | 3.58yrs | no data | no data | |
| Chief Information Officer | 2.75yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Assistant Vice President of Corporate Communications | no data | no data | no data | |
| Chief Human Resource Officer | 2.75yrs | no data | no data | |
| Senior Vice President of Government | no data | no data | no data | |
| Head of Customer Service Experience | 2.75yrs | no data | no data | |
| Chief of Consumer Business Group | 2.08yrs | no data | no data | |
| Chief of Enterprise Business Group | 0.75yr | no data | no data | |
| Head of Digital | no data | no data | no data |
2.8yrs
Average Tenure
51yo
Average Age
Experienced Management: CC3's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Executive Director | 19.83yrs | S$133.20k | 0.019% SGD 411.1k | |
| Non-Executive Chairman | 5.25yrs | S$234.80k | 0.014% SGD 305.5k | |
| Independent Non-Executive Director | 16.17yrs | S$115.20k | 0.015% SGD 313.9k | |
| Non-Executive Director | 13.25yrs | S$106.40k | 0.0082% SGD 172.4k | |
| Lead Independent Director | 2yrs | S$195.55k | 0.0050% SGD 106.7k | |
| Independent Director | 3.17yrs | S$122.40k | 0.0034% SGD 71.8k | |
| Independent Director | 5.08yrs | S$138.00k | 0.010% SGD 214.4k | |
| Non-Executive Director | 3.75yrs | S$122.80k | 0.0048% SGD 102.0k | |
| Independent Director | 2.08yrs | S$112.98k | 0.0017% SGD 35.3k | |
| Independent Non-Executive Director | 2.17yrs | S$100.86k | 0.0018% SGD 37.2k | |
| Non-Executive Director | 3.17yrs | S$55.13k | no data | |
| Independent Director | 1.75yrs | S$87.39k | 0.0011% SGD 23.2k |
3.5yrs
Average Tenure
58yo
Average Age
Experienced Board: CC3's board of directors are considered experienced (3.5 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
StarHub Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: StarHub Ltd
- Ticker: CC3
- Exchange: SGX
- Founded: 1998
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: S$2.113b
- Shares outstanding: 1.73b
- Website: https://www.starhub.com
Number of Employees
Location
- StarHub Ltd
- 67 Ubi Avenue 1
- No. 05-01 StarHub Green
- Singapore
- 408942
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CC3 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Oct 2004 |
| RYTB | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 2004 |
| SRHB.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 2004 |
| SRHB.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Nov 2008 |
Biography
StarHub Ltd, an integrated info communications company, provides communications, entertainment, and digital solutions for consumers and enterprises in Singapore. The company operates in three segments: Tel ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/24 12:37 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.