Singapore Post
Market Cap
S$1.6b
Last Updated
2020/10/26 12:56 UTC
Data Sources
Company Financials +
Executive Summary
Singapore Post Limited, together with its subsidiaries, engages in post and parcel, eCommerce logistics, and property businesses in Singapore, the United States, Australia, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Share Price & News
How has Singapore Post's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S08 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
S08
1.9%
SG Logistics
-0.09%
SG Market
1 Year Return
-28.1%
S08
-27.9%
SG Logistics
-21.9%
SG Market
Return vs Industry: S08 matched the SG Logistics industry which returned -27.9% over the past year.
Return vs Market: S08 underperformed the SG Market which returned -21.9% over the past year.
Shareholder returns
| S08 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.9% | -0.09% |
| 30 Day | 7.8% | 6.5% | 1.8% |
| 90 Day | -6.8% | -7.5% | -1.8% |
| 1 Year | -26.2%-28.1% | -26.5%-27.9% | -17.6%-21.9% |
| 3 Year | -41.5%-46.5% | -42.0%-45.8% | -20.1%-29.8% |
| 5 Year | -57.4%-63.5% | -7.6%-16.3% | -5.0%-22.3% |
Price Volatility Vs. Market
How volatile is Singapore Post's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Singapore Post (SGX:S08) Share Prices Have Dropped 63% In The Last Five Years3 weeks ago | Simply Wall St
What Is Singapore Post Limited's (SGX:S08) Share Price Doing?1 month ago | Simply Wall St
Are Investors Undervaluing Singapore Post Limited (SGX:S08) By 24%?Valuation
Is Singapore Post undervalued compared to its fair value and its price relative to the market?
22.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: S08 (SGD0.69) is trading below our estimate of fair value (SGD0.89)
Significantly Below Fair Value: S08 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: S08 is good value based on its PE Ratio (17.6x) compared to the XA Logistics industry average (19.9x).
PE vs Market: S08 is poor value based on its PE Ratio (17.6x) compared to the SG market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: S08 is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: S08 is overvalued based on its PB Ratio (1x) compared to the SG Logistics industry average (0.8x).
Next Steps
Future Growth
How is Singapore Post forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
5.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: S08's forecast earnings growth (5% per year) is above the savings rate (2.2%).
Earnings vs Market: S08's earnings (5% per year) are forecast to grow slower than the SG market (22.1% per year).
High Growth Earnings: S08's earnings are forecast to grow, but not significantly.
Revenue vs Market: S08's revenue (1.9% per year) is forecast to grow slower than the SG market (6.7% per year).
High Growth Revenue: S08's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: S08's Return on Equity is forecast to be low in 3 years time (6.5%).
Next Steps
Past Performance
How has Singapore Post performed over the past 5 years?
-26.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S08 has high quality earnings.
Growing Profit Margin: S08's current net profit margins (6.7%) are lower than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: S08's earnings have declined by 26.5% per year over the past 5 years.
Accelerating Growth: S08's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: S08 had negative earnings growth (-41.2%) over the past year, making it difficult to compare to the Logistics industry average (1.1%).
Return on Equity
High ROE: S08's Return on Equity (6.1%) is considered low.
Next Steps
Financial Health
How is Singapore Post's financial position?
Financial Position Analysis
Short Term Liabilities: S08's short term assets (SGD785.6M) exceed its short term liabilities (SGD756.7M).
Long Term Liabilities: S08's short term assets (SGD785.6M) exceed its long term liabilities (SGD352.6M).
Debt to Equity History and Analysis
Debt Level: S08's debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: S08's debt to equity ratio has increased from 16.2% to 22.2% over the past 5 years.
Debt Coverage: S08's debt is well covered by operating cash flow (50.3%).
Interest Coverage: S08's interest payments on its debt are well covered by EBIT (24.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Singapore Post current dividend yield, its reliability and sustainability?
3.91%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: S08's dividend (3.91%) is higher than the bottom 25% of dividend payers in the SG market (2.54%).
High Dividend: S08's dividend (3.91%) is low compared to the top 25% of dividend payers in the SG market (5.36%).
Stability and Growth of Payments
Stable Dividend: S08's dividend payments have been volatile in the past 10 years.
Growing Dividend: S08's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.9%), S08's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: S08's dividends in 3 years are forecast to be covered by earnings (79.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Paul Coutts (63 yo)
3.33yrs
Tenure
S$1,975,200
Compensation
Mr. Paul William Coutts has been Group Chief Executive Officer of Singapore Post Limited since June 1, 2017. Mr. Coutts joined Singapore Post Limited from Toll Global Forwarding, one of the five divisions ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD1.45M) is above average for companies of similar size in the SG market ($USD905.65K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Non-Independent Director | 3.33yrs | S$1.98m | no data | |
| Group Chief Financial Officer | 2.17yrs | no data | no data | |
| Group Chief Information Officer | 0.75yr | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Group General Counsel & Group Company Secretary | 2.17yrs | no data | no data | |
| Senior Vice President of Financial Services | no data | no data | no data | |
| Deputy Chief Executive Officer of International Mail | 4.83yrs | no data | no data | |
| CEO of Postal Services and CEO of Singapore | 1.5yrs | no data | no data | |
| Chief Executive Officer of Quantium Solutions | 0.75yr | no data | no data |
2.2yrs
Average Tenure
52.5yo
Average Age
Experienced Management: S08's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Non-Independent Director | 3.33yrs | S$1.98m | no data | |
| Chairman | 4.42yrs | S$259.60k | no data | |
| Non-Executive Independent Director | 3.42yrs | S$142.20k | no data | |
| Non-Executive Independent Director | 4yrs | S$153.40k | no data | |
| Non-Executive & Independent Director | 2.08yrs | S$129.80k | no data | |
| Lead Independent Director | no data | S$162.20k | no data | |
| Non-Executive & Non-Independent Director | 6.25yrs | S$102.60k | no data | |
| Non-Executive & Non-Independent Director | 3.5yrs | S$105.00k | no data | |
| Non-Executive Independent Director | 4yrs | S$126.00k | no data |
3.8yrs
Average Tenure
58yo
Average Age
Experienced Board: S08'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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Singapore Post Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Singapore Post Limited
- Ticker: S08
- Exchange: SGX
- Founded: 1819
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: S$1.552b
- Shares outstanding: 2.25b
- Website: https://www.singpost.com
Number of Employees
Location
- Singapore Post Limited
- 10 Eunos Road 8
- Singapore Post Centre
- Singapore
- 408600
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SPST.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 2003 |
| SGR | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 2003 |
| S08 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | May 2003 |
| SPST.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Nov 2008 |
Biography
Singapore Post Limited, together with its subsidiaries, engages in post and parcel, eCommerce logistics, and property businesses in Singapore, the United States, Australia, and internationally. It operates ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/26 12:56 |
| End of Day Share Price | 2020/10/26 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.