Singapore Post Past Earnings Performance
Past criteria checks 1/6
Singapore Post has been growing earnings at an average annual rate of 39.2%, while the Logistics industry saw earnings declining at 7.1% annually. Revenues have been declining at an average rate of 22.8% per year. Singapore Post's return on equity is 4.3%, and it has net margins of 14%.
Key information
39.22%
Earnings growth rate
39.21%
EPS growth rate
| Logistics Industry Growth | 21.59% |
| Revenue growth rate | -22.79% |
| Return on equity | 4.35% |
| Net Margin | 13.96% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Analysis Article • Jun 30
Earnings Troubles May Signal Larger Issues for Singapore Post (SGX:S08) Shareholders
A lackluster earnings announcement from Singapore Post Limited ( SGX:S08 ) last week didn't sink the stock price...Analysis Article • Jun 30
Singapore Post's (SGX:S08) Shareholders May Want To Dig Deeper Than Statutory Profit
Singapore Post Limited ( SGX:S08 ) just released a solid earnings report, and the stock displayed some strength. While...Recent updates
Analysis Article • Jun 30
Earnings Troubles May Signal Larger Issues for Singapore Post (SGX:S08) Shareholders
A lackluster earnings announcement from Singapore Post Limited ( SGX:S08 ) last week didn't sink the stock price...
Narrative Update • Apr 24
S08: Stable Assumptions And Tiny Discount Rate Shift Will Support Future Upside
Analysts have kept their SGD0.66 price target for Singapore Post unchanged, citing only marginal tweaks to inputs such as discount rate, revenue growth assumptions and long term profit margin that were not material enough to move the overall valuation. Valuation Changes Fair Value: SGD0.66 remains unchanged, indicating no movement in the assessed fair value per share.Narrative Update • Apr 09
S08: Stable Assumptions And Slightly Higher Discount Rate Will Support Future Upside
Analysts have kept their SGD0.66 price target for Singapore Post unchanged, stating that broadly consistent assumptions around discount rate, revenue growth, profit margin and future P/E form the basis for this steady view. Valuation Changes Fair Value: SGD0.66 remains unchanged, indicating no adjustment to the implied valuation per share.Narrative Update • Mar 25
S08: Stable Assumptions And Discount Rate Will Support Future Upside
Analysts kept their SGD fair value estimate for Singapore Post steady at SGD0.66, citing largely unchanged assumptions around the discount rate, revenue growth, profit margins, and future P/E multiples. Valuation Changes Fair Value: SGD0.66 remains unchanged, indicating no revision to the overall valuation anchor.Narrative Update • Mar 10
S08: Improved Revenue Outlook And Lower Discount Rate Will Support Future Upside
Analysts have lifted their Singapore Post price target from SGD0.55 to SGD0.66, citing updated assumptions around revenue growth, profit margins, discount rates and future P/E that collectively point to a higher assessed fair value. Valuation Changes Fair Value: revised from SGD0.545 to SGD0.66, implying a higher assessed valuation level for Singapore Post.Narrative Update • Feb 23
S08: Stable Margins And Unchanged Fair Value Will Support Future Upside
Analysts have kept their SGD fair value estimate for Singapore Post unchanged at SGD0.55. They cite largely stable assumptions for the discount rate, revenue trends, profit margin and future P/E, despite only minor recalibrations in their model inputs.Narrative Update • Feb 09
S08: Upcoming Interim Dividend And Steady Margins Will Support Future Upside
Analysts have maintained their fair value estimate for Singapore Post at $0.545 per share. Only small adjustments to the discount rate and long-term assumptions around revenue, margins and future P/E have been made, resulting in the same target price.Narrative Update • Jan 26
S08: Upcoming Interim Dividend And Steady Margins Will Support Future Upside
Analysts have kept their fair value estimate for Singapore Post steady at $0.55 per share, making only small tweaks to assumptions such as the discount rate, expected revenue contraction and profit margin. Collectively, these changes leave the implied future P/E effectively unchanged.Narrative Update • Jan 11
S08: Stable Margins And Upcoming Dividend Will Support Stronger Returns
The analyst price target for Singapore Post remains at $0.545, with the unchanged fair value supported by slightly higher assumed discount rates and largely stable expectations for revenue trends, profit margins and future P/E. What's in the News The Board of Directors has declared an interim dividend of $0.0008 per ordinary share (tax exempt one tier) for the half year ended 30 September 2025.Narrative Update • Dec 25
S08: Dividend Reset And Stable Margins Will Support Stronger Returns Ahead
Analysts have marginally raised their price target on Singapore Post to S$0.55, reflecting slightly higher long term discount rate and future P E assumptions, while leaving fair value essentially unchanged. What's in the News Board declares interim dividend of 0.08 cents per ordinary share, tax exempt one tier, for the half year ended 30 September 2025, signaling a reduced payout to shareholders (Key Developments) Dividend will be paid on 5 December 2025, providing investors with clarity on near term cash returns (Key Developments) Transfer book and register of members will be closed on 25 November 2025 for preparation of dividend warrants, setting the timetable for entitlement (Key Developments) Valuation Changes Fair Value per Share remains unchanged at SGD 0.545, indicating no material revision to the long term intrinsic valuation.Narrative Update • Dec 10
S08: Leadership Change And Dividend Discipline Will Drive Stronger Margins Ahead
Analysts have modestly reaffirmed their view on Singapore Post, maintaining the fair value estimate at S$0.55 as they continue to factor in subdued revenue growth, slim profit margins, and a still-elevated future price to earnings multiple. What's in the News Board declares an interim dividend of 0.08 cents per ordinary share for the half year ended 30 September 2025, payable on 5 December 2025.Narrative Update • Nov 26
S08: Leadership Transition Will Drive Stronger Margins And Improved Earnings Outlook
Analysts have maintained their fair value estimate for Singapore Post at $0.55, citing expectations for a notably stronger profit margin and improved future price-to-earnings outlook, even though they are projecting weaker revenue growth moving forward. What's in the News Singapore Post Limited's Board of Directors has declared an interim dividend of 0.08 cents per ordinary share (tax exempt one-tier) for the half year ended 30 September 2025.Narrative Update • Nov 11
S08: Leadership Transition Will Drive Transformation Despite Margin Pressure Ahead
Analysts have lowered their price target for Singapore Post from $0.59 to $0.55 per share. They cite decreased fair value estimates, a higher discount rate, and expectations of significantly reduced profit margins, despite a slightly improved outlook for revenue growth.Analysis Article • Aug 27
The Returns On Capital At Singapore Post (SGX:S08) Don't Inspire Confidence
What financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...New Narrative • Aug 17
Parcel Expansion Will Drive E-commerce Hub Amid Margin Risks
Key Takeaways Strategic expansion in e-commerce logistics and digital automation positions the company for increased efficiency, service reliability, and sustainable revenue growth. Strong financial flexibility enables investment in high-margin services and property monetization, leveraging structural market tailwinds for long-term earnings potential.Analysis Article • Jun 30
Singapore Post's (SGX:S08) Shareholders May Want To Dig Deeper Than Statutory Profit
Singapore Post Limited ( SGX:S08 ) just released a solid earnings report, and the stock displayed some strength. While...Analysis Article • May 05
Singapore Post (SGX:S08) Will Want To Turn Around Its Return Trends
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 16
Subdued Growth No Barrier To Singapore Post Limited's (SGX:S08) Price
Singapore Post Limited's ( SGX:S08 ) price-to-earnings (or "P/E") ratio of 15.3x might make it look like a sell right...Analysis Article • Mar 28
These 4 Measures Indicate That Singapore Post (SGX:S08) Is Using Debt Reasonably Well
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 • Nov 27
There Are Reasons To Feel Uneasy About Singapore Post's (SGX:S08) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Nov 07
Here's Why Singapore Post (SGX:S08) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Oct 07
Earnings Not Telling The Story For Singapore Post Limited (SGX:S08) After Shares Rise 26%
Singapore Post Limited ( SGX:S08 ) shareholders have had their patience rewarded with a 26% share price jump in the...Analysis Article • Oct 07
Singapore Post Limited's (SGX:S08) 26% Share Price Surge Not Quite Adding Up
The Singapore Post Limited ( SGX:S08 ) share price has done very well over the last month, posting an excellent gain of...Analysis Article • Aug 08
Singapore Post (SGX:S08) May Have Issues Allocating Its 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 • Jul 17
Increases to CEO Compensation Might Be Put On Hold For Now at Singapore Post Limited (SGX:S08)
Key Insights Singapore Post to hold its Annual General Meeting on 24th of July Total pay for CEO Vincent Phang includes...Analysis Article • Jul 02
Singapore Post's (SGX:S08) Solid Earnings May Rest On Weak Foundations
The market shrugged off Singapore Post Limited's ( SGX:S08 ) solid earnings report. We think that investors might be...Analysis Article • Mar 21
Singapore Post's (SGX:S08) Returns On Capital Not Reflecting Well On The Business
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Analysis Article • Jul 12
Is Singapore Post (SGX:S08) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jun 14
Singapore Post (SGX:S08) Will Be Looking To Turn Around Its Returns
When researching a stock for investment, what can tell us that the company is in decline? When we see a declining...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Singapore Post makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 376 | 52 | 70 | 0 |
| 31 Dec 25 | 397 | 148 | 70 | 0 |
| 30 Sep 25 | 743 | 240 | 82 | 0 |
| 30 Jun 25 | 778 | 230 | 84 | 0 |
| 31 Mar 25 | 489 | 224 | 74 | 0 |
| 30 Sep 24 | 311 | 21 | 60 | 0 |
| 30 Jun 24 | 595 | 26 | 73 | 0 |
| 31 Mar 24 | 879 | 31 | 85 | 0 |
| 31 Dec 23 | 1,714 | 51 | 121 | 0 |
| 30 Sep 23 | 1,741 | 35 | 120 | 0 |
| 30 Jun 23 | 1,806 | 25 | 114 | 0 |
| 31 Mar 23 | 1,872 | 14 | 109 | 0 |
| 31 Dec 22 | 1,883 | 20 | 106 | 0 |
| 30 Sep 22 | 1,893 | 27 | 102 | 0 |
| 30 Jun 22 | 1,779 | 48 | 100 | 0 |
| 31 Mar 22 | 1,666 | 69 | 99 | 0 |
| 31 Dec 21 | 1,547 | 53 | 96 | 0 |
| 30 Sep 21 | 1,428 | 37 | 94 | 0 |
| 30 Jun 21 | 1,416 | 35 | 94 | 0 |
| 31 Mar 21 | 1,405 | 33 | 94 | 0 |
| 31 Dec 20 | 1,368 | 32 | 80 | 0 |
| 30 Sep 20 | 1,376 | 54 | 92 | 0 |
| 30 Jun 20 | 1,346 | 70 | 91 | 0 |
| 31 Mar 20 | 1,314 | 88 | 88 | 0 |
| 31 Dec 19 | 1,322 | 122 | 100 | 0 |
| 30 Sep 19 | 1,330 | 155 | 104 | 0 |
| 30 Jun 19 | 1,557 | 11 | 136 | 0 |
| 31 Mar 19 | 1,323 | 151 | 121 | 0 |
| 31 Dec 18 | 1,384 | 142 | 127 | 0 |
| 30 Sep 18 | 1,432 | 122 | 135 | 0 |
| 30 Jun 18 | 1,474 | 116 | 145 | 0 |
| 31 Mar 18 | 1,513 | 121 | 148 | 0 |
| 31 Dec 17 | 1,470 | 24 | 145 | 0 |
| 30 Sep 17 | 1,436 | 11 | 144 | 0 |
| 30 Jun 17 | 1,408 | 14 | 136 | 0 |
| 31 Mar 17 | 1,393 | 19 | 137 | 0 |
| 31 Dec 16 | 1,380 | 178 | 143 | 0 |
| 30 Sep 16 | 1,332 | 194 | 139 | 0 |
| 30 Jun 16 | 1,267 | 220 | 133 | 0 |
| 31 Mar 16 | 1,201 | 234 | 124 | 0 |
| 31 Dec 15 | 1,137 | 164 | 121 | 0 |
| 30 Sep 15 | 1,059 | 164 | 112 | 0 |
Quality Earnings: S08 has a large one-off gain of SGD19.2M impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: S08's current net profit margins (14%) are lower than last year (45.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: S08's earnings have grown significantly by 39.2% 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 (-76.6%) over the past year, making it difficult to compare to the Logistics industry average (5.3%).
Return on Equity
High ROE: S08's Return on Equity (4.3%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/01 19:25 |
| End of Day Share Price | 2026/07/31 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
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
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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
Singapore Post Limited is covered by 12 analysts. 0 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 |
|---|---|
| Roshan Behera | BofA Global Research |
| Mat Collings | CGS International |
| Yew Kiang Wong | CLSA |