StarHub Management
Management criteria checks 3/4
StarHub's CEO is Nikhil Oommen Eapen, appointed in Jan 2021, has a tenure of 5.5 years. total yearly compensation is SGD3.31M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth SGD3.48M. The average tenure of the management team and the board of directors is 2.5 years and 4.9 years respectively.
Key information
Nikhil Oommen Eapen
Chief executive officer
S$3.3m
Total compensation
| CEO salary percentage | 33.30% |
| CEO tenure | 5.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.5yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
Narrative Update • Jun 18
CC3: Fair Value View Will Reflect Auditor Change And Steady P/E Expectations
Analysts kept their SGD fair value estimate for StarHub unchanged at about SGD1.00 per share, citing largely stable assumptions for the discount rate, long term revenue trends, profit margins, and future P/E expectations. What's in the News for StarHub At the AGM held on April 20, 2026, shareholders of StarHub approved the appointment of PricewaterhouseCoopers LLP as the company’s auditors in place of KPMG LLP, to hold office until the conclusion of the next AGM.Narrative Update • Jun 04
CC3: Fair Value View Will Reflect Auditor Change And Slightly Softer P/E Assumptions
StarHub’s analyst fair value estimate has been adjusted from SGD1.05 to SGD1.00. Analysts cited updated assumptions for revenue growth, profit margins, and forward P/E as key drivers of the revised price target.Narrative Update • Apr 28
CC3: Fair Value View Will Highlight Roaming Automation And Stable P/E Assumptions
Analysts have kept their SGD 1.05 price target for StarHub unchanged, citing broadly stable assumptions around revenue growth, profit margins and future P/E as the basis for maintaining their view. What's in the News StarHub, NTT DOCOMO and ServiceNow introduced a joint initiative to keep travelers connected with autonomous roaming resolution using ServiceNow CRM, focused on faster identification and resolution of roaming issues for customers overseas.Narrative Update • Apr 12
CC3: Fair Value View Will Emphasize Roaming Model And Slightly Lower P/E
Analysts have trimmed their StarHub price target slightly from SGD1.06 to SGD1.05, reflecting updated assumptions around revenue growth, profit margin and future P/E, while keeping the discount rate unchanged. What's in the News StarHub, NTT DOCOMO and ServiceNow introduced a joint initiative to keep travelers connected by using ServiceNow CRM to support autonomous roaming resolution across carriers (Key Developments).Narrative Update • Mar 28
CC3: Fair Value View Will Highlight Roaming Initiative And Slightly Lower P/E
Analysts now set StarHub's price target at SGD1.06, a slight adjustment from SGD1.07. This reflects updated assumptions around revenue growth, profit margins and future P/E expectations, while keeping the discount rate unchanged.Narrative Update • Mar 14
CC3: Fair Value View Will Emphasise Roaming Initiative And Lower Earnings Multiple
Analysts have slightly reduced their StarHub price target from SGD1.08 to SGD1.07, reflecting updated assumptions on revenue growth, profit margins and future P/E. The overall valuation view remains broadly unchanged.
New Narrative • Mar 02
Aggressive Consumer Push And Flat Earnings Will Pressure Telecom Margins Over Time
Catalysts About StarHub StarHub is a Singapore based telecommunications and ICT provider with consumer mobile, broadband and entertainment services alongside regional enterprise connectivity, managed services and cybersecurity offerings. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 28
CC3: Fair Value View Will Highlight Tempered Margins And Lower Earnings Multiple
Analysts have trimmed their StarHub price target from SGD1.15 to about SGD1.08, citing updated assumptions for revenue growth, profit margins and future P/E that point to a more measured outlook for the shares. Valuation Changes Fair Value: Trimmed from SGD1.15 to about SGD1.08, reflecting a slightly lower central estimate for the shares.
New Narrative • Feb 15
Future Returns Will Be Driven By Managed Services Growth And Cost Transformation
Catalysts About StarHub StarHub is a Singapore based telecommunications and digital services provider across mobile, broadband, entertainment, enterprise connectivity and cybersecurity. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 14
CC3: Fair Value View Will Highlight Lower Margins And Higher Required Returns
Analysts now peg StarHub's price target at about SGD1.15, down from roughly SGD1.20 previously. This reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.Narrative Update • Sep 10
Strong Q4 Performance In Cybersecurity Segment Will Strengthen Future Prospects
Analysts have trimmed StarHub’s fair value target, primarily due to a modest decline in forward P/E multiples, while revenue growth expectations remain stable, resulting in a revised consensus price target of SGD1.20 from SGD1.23. What's in the News StarHub is actively seeking both large-scale and select M&A opportunities, with a focus on enhancing enterprise and delivery capabilities.Analysis Article • Aug 15
Earnings Update: StarHub Ltd (SGX:CC3) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
StarHub Ltd ( SGX:CC3 ) shareholders are probably feeling a little disappointed, since its shares fell 3.3% to S$1.18...Analysis Article • Aug 14
StarHub (SGX:CC3) Has A Somewhat Strained Balance Sheet
SGX:CC3 1 Year Share Price vs Fair Value Explore StarHub's Fair Values from the Community and select yours Warren...Analysis Article • May 02
These 4 Measures Indicate That StarHub (SGX:CC3) Is Using Debt Reasonably Well
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Narrative • Feb 07
Strong Q4 Performance In Cybersecurity Segment Will Strengthen Future Prospects
StarHub's focus on cybersecurity and enterprise segments is driving revenue and net profit growth through improved efficiencies and ROI.Analysis Article • Sep 18
StarHub (SGX:CC3) Has A Pretty Healthy Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Aug 19
StarHub (SGX:CC3) Is Due To Pay A Dividend Of SGD0.03
The board of StarHub Ltd ( SGX:CC3 ) has announced that it will pay a dividend of SGD0.03 per share on the 6th of...Analysis Article • Aug 13
StarHub Ltd's (SGX:CC3) Popularity With Investors Is Clear
StarHub Ltd's ( SGX:CC3 ) price-to-earnings (or "P/E") ratio of 15.5x might make it look like a sell right now compared...Analysis Article • Jul 16
These Return Metrics Don't Make StarHub (SGX:CC3) Look Too Strong
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Analysis Article • Apr 27
StarHub (SGX:CC3) Is Paying Out A Larger Dividend Than Last Year
The board of StarHub Ltd ( SGX:CC3 ) has announced that it will be paying its dividend of SGD0.042 on the 16th of May...Analysis Article • Nov 09
Returns On Capital At StarHub (SGX:CC3) Paint A Concerning Picture
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...Analysis Article • Sep 07
StarHub (SGX:CC3) Seems To Use Debt Quite Sensibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Aug 04
StarHub (SGX:CC3) Is Reinvesting At Lower Rates Of Return
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Analysis Article • Dec 12
Returns On Capital Signal Tricky Times Ahead For StarHub (SGX:CC3)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Analysis Article • Sep 27
Is StarHub (SGX:CC3) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Mar 29
Is StarHub (SGX:CC3) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Nov 23
Some Investors May Be Worried About StarHub's (SGX:CC3) Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Sep 23
StarHub Ltd's (SGX:CC3) Intrinsic Value Is Potentially 68% Above Its Share Price
Today we will run through one way of estimating the intrinsic value of StarHub Ltd ( SGX:CC3 ) by taking the forecast...Analysis Article • Aug 06
Returns On Capital Signal Tricky Times Ahead For StarHub (SGX:CC3)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Apr 06
What To Know Before Buying StarHub Ltd (SGX:CC3) For Its Dividend
Is StarHub Ltd ( SGX:CC3 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can...Analysis Article • Mar 24
Returns On Capital Signal Tricky Times Ahead For StarHub (SGX:CC3)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Analysis Article • Mar 09
Is StarHub (SGX:CC3) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | S$3m | S$1m | S$77m |
| Sep 30 2025 | n/a | n/a | S$98m |
| Jun 30 2025 | n/a | n/a | S$119m |
| Mar 31 2025 | n/a | n/a | S$136m |
| Dec 31 2024 | S$4m | S$1m | S$153m |
| Sep 30 2024 | n/a | n/a | S$148m |
| Jun 30 2024 | n/a | n/a | S$143m |
| Mar 31 2024 | n/a | n/a | S$142m |
| Dec 31 2023 | S$4m | S$1m | S$142m |
| Sep 30 2023 | n/a | n/a | S$106m |
| Jun 30 2023 | n/a | n/a | S$70m |
| Mar 31 2023 | n/a | n/a | S$62m |
| Dec 31 2022 | S$3m | S$1m | S$54m |
| Sep 30 2022 | n/a | n/a | S$94m |
| Jun 30 2022 | n/a | n/a | S$134m |
| Mar 31 2022 | n/a | n/a | S$138m |
| Dec 31 2021 | S$3m | S$1m | S$141m |
Compensation vs Market: Nikhil Oommen's total compensation ($USD2.56M) is above average for companies of similar size in the SG market ($USD1.82M).
Compensation vs Earnings: Nikhil Oommen's compensation has been consistent with company performance over the past year.
CEO
Nikhil Oommen Eapen (54 yo)
5.5yrs
Tenure
S$3,311,042
Compensation
Mr. Nikhil Oommen Jacob Eapen has been Chief Executive Officer at StarHub Ltd. since January 1, 2021 and serves as its Executive Director since August 11, 2021. He has experience in the global ICT sector w...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5.5yrs | S$3.31m | 0.19% SGD 3.5m | |
| Chief Financial Officer | 1.8yrs | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| Joint Company Secretary & General Counsel | 5.5yrs | no data | no data | |
| Chief of People | no data | no data | no data | |
| Chief of Regional Enterprise Business | 4.3yrs | no data | no data | |
| Chief Information Security Officer | 2.5yrs | no data | no data | |
| Head of Corporate Sustainability | no data | no data | no data | |
| Head of Customer Operations | 2.5yrs | no data | no data | |
| Deputy CEO & Chief of Consumer Business Group | no data | no data | no data | |
| Joint Company Secretary | 1.5yrs | no data | no data |
2.5yrs
Average Tenure
Experienced Management: CC3's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.9yrs | S$3.31m | 0.19% SGD 3.5m | |
| Non Executive Director | 21.9yrs | S$125.35k | 0.026% SGD 461.5k | |
| Independent Non-Executive Chairman | 4.4yrs | S$356.14k | 0.072% SGD 1.3m | |
| Non-Executive Director | 9.5yrs | S$170.40k | 0.019% SGD 345.4k | |
| Independent Director | 1.1yrs | S$66.08k | 0.0011% SGD 20.5k | |
| Independent Non-Executive Director | 1.8yrs | S$112.00k | 0.0025% SGD 44.3k | |
| Independent Non-Executive Director | 2.2yrs | S$191.11k | 0.0048% SGD 85.6k | |
| Independent Non-Executive Director | 7.9yrs | S$186.21k | 0.015% SGD 273.9k | |
| Non-Executive Director | 4.9yrs | S$110.96k | 0.0076% SGD 136.4k | |
| Independent Director | 7.5yrs | S$173.15k | 0.013% SGD 239.3k | |
| Independent Non-Executive Director | less than a year | no data | 0.0058% SGD 103.9k |
4.9yrs
Average Tenure
60.5yo
Average Age
Experienced Board: CC3's board of directors are considered experienced (4.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/06 04:48 |
| End of Day Share Price | 2026/07/06 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
StarHub Ltd is covered by 23 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anand Ramachandran | Barclays |
| Sachin Salgaonkar | BofA Global Research |
| Prem Jearajasingam | CGS International |