Singapore Post Limited

SGX:S08 Stock Report

Market Cap: S$1.2b

Singapore Post Valuation

Is S08 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of S08 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: S08 (SGD0.53) is trading below our estimate of fair value (SGD1.12)

Significantly Below Fair Value: S08 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for S08?

Key metric: As S08 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for S08. This is calculated by dividing S08's market cap by their current earnings.
What is S08's PE Ratio?
PE Ratio15x
EarningsS$78.57m
Market CapS$1.16b

Price to Earnings Ratio vs Peers

How does S08's PE Ratio compare to its peers?

The above table shows the PE ratio for S08 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.2x
F83 COSCO SHIPPING International (Singapore)
137.4xn/aS$302.3m
595 GKE
13.8xn/aS$59.3m
BIP Vibrant Group
5.5xn/aS$40.2m
BTJ A-Sonic Aerospace
24.3xn/aS$27.7m
S08 Singapore Post
15x6.5%S$1.2b

Price-To-Earnings vs Peers: S08 is good value based on its Price-To-Earnings Ratio (15x) compared to the peer average (45.2x).

Price to Earnings Ratio vs Industry

How does S08's PE Ratio compare vs other companies in the Asian Logistics Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
S08 15.0xIndustry Avg. 16.9xNo. of Companies26PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: S08 is good value based on its Price-To-Earnings Ratio (15x) compared to the Asian Logistics industry average (16.9x).

Price to Earnings Ratio vs Fair Ratio

What is S08's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

S08 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15x
Fair PE Ratio12.9x

Price-To-Earnings vs Fair Ratio: S08 is expensive based on its Price-To-Earnings Ratio (15x) compared to the estimated Fair Price-To-Earnings Ratio (12.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst S08 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentS$0.53
S$0.74
+41.6%
2.8%S$0.77S$0.72n/a3
Dec ’25S$0.58
S$0.64
+10.9%
10.8%S$0.74S$0.58n/a3
Nov ’25S$0.54
S$0.60
+12.0%
0.8%S$0.61S$0.60n/a2
Oct ’25S$0.47
S$0.60
+30.1%
0.8%S$0.61S$0.60n/a2
Sep ’25S$0.43
S$0.60
+40.7%
0.8%S$0.61S$0.60n/a2
Aug ’25S$0.45
S$0.62
+37.8%
1.6%S$0.63S$0.61n/a2
Jul ’25S$0.43
S$0.62
+44.2%
1.6%S$0.63S$0.61n/a2
Jun ’25S$0.49
S$0.62
+26.5%
1.6%S$0.63S$0.61n/a2
May ’25S$0.45
S$0.56
+24.4%
3.6%S$0.58S$0.54n/a2
Apr ’25S$0.42
S$0.56
+33.3%
3.6%S$0.58S$0.54n/a2
Mar ’25S$0.40
S$0.59
+50.6%
2.5%S$0.61S$0.58n/a2
Feb ’25S$0.41
S$0.60
+47.6%
0.8%S$0.61S$0.60n/a2
Jan ’25S$0.47
S$0.60
+27.4%
0.8%S$0.61S$0.60n/a2
Dec ’24S$0.45
S$0.60
+34.4%
0.8%S$0.61S$0.60S$0.582
Nov ’24S$0.45
S$0.56
+23.9%
7.6%S$0.60S$0.52S$0.542
Oct ’24S$0.48
S$0.56
+14.9%
7.6%S$0.60S$0.52S$0.472
Sep ’24S$0.49
S$0.48
-3.0%
8.3%S$0.52S$0.44S$0.432
Aug ’24S$0.49
S$0.51
+2.0%
8.9%S$0.55S$0.46S$0.452
Jul ’24S$0.45
S$0.51
+12.2%
8.9%S$0.55S$0.46S$0.432
Jun ’24S$0.44
S$0.51
+14.8%
8.9%S$0.55S$0.46S$0.492
May ’24S$0.51
S$0.59
+15.7%
1.7%S$0.60S$0.58S$0.452
Apr ’24S$0.50
S$0.66
+32.0%
15.1%S$0.80S$0.58S$0.423
Mar ’24S$0.54
S$0.66
+22.2%
15.1%S$0.80S$0.58S$0.403
Feb ’24S$0.57
S$0.64
+12.9%
17.3%S$0.80S$0.55S$0.413
Jan ’24S$0.52
S$0.64
+23.6%
17.7%S$0.80S$0.52S$0.474
Dec ’23S$0.52
S$0.64
+24.8%
17.7%S$0.80S$0.52S$0.454

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:28
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Singapore Post Limited is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kang Ho ChongBNP Paribas Securities (Asia)
Roshan BeheraBofA Global Research
Mat CollingsCGS International