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SATS Ltd.SGX:S58 Stock Report

Market Cap S$4.8b
Share Price
S$3.28
S$4.41
25.6% undervalued intrinsic discount
1Y10.1%
7D0.9%
1D
Portfolio Value
View

SATS Ltd.

SGX:S58 Stock Report

Market Cap: S$4.8b

SATS (S58) Stock Overview

An investment holding company, provides gateway services and food solutions in Singapore, the Asia Pacific, the Americas, Europe, the Middle East, Africa, and internationally. More details

S58 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance4/6
Financial Health1/6
Dividends2/6

S58 Community Fair Values

Create Narrative

See what 47 others think this stock is worth. Follow their fair value or set your own to get alerts.

SATS Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for SATS
Historical stock prices
Current Share PriceS$3.28
52 Week HighS$4.00
52 Week LowS$2.92
Beta0.52
1 Month Change-5.20%
3 Month Change-15.25%
1 Year Change10.07%
3 Year Change15.90%
5 Year Change-17.38%
Change since IPO36.67%

Recent News & Updates

Narrative Update May 09

S58: Slightly Lower Assumptions Will Still Support Future Upside Potential

Analysts have trimmed their SATS price target slightly, reflecting updated fair value work, a modestly lower discount rate and small tweaks to revenue growth, profit margin and future P/E assumptions. This has resulted in a revised target close to the prior SGD level.
Narrative Update Apr 21

S58: Modest Margin Pressure Will Still Support Future Upside Potential

Analysts have inched their SATS price target lower to SGD4.44 from SGD4.46, citing slightly higher discount rate assumptions and marginally softer profit margin expectations, while keeping revenue growth and future P/E assumptions broadly in line. Valuation Changes Fair Value: Adjusted slightly lower from SGD4.46444 to SGD4.44222, reflecting modestly updated model inputs.
Narrative Update Apr 05

S58: Higher Fair Value And P/E Multiple Will Support Future Upside

Analysts have nudged their SATS price target slightly higher to reflect a modestly higher fair value estimate of SGD 4.46. This is paired with a small adjustment to the discount rate and only marginal tweaks to revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 22

S58: Lower Discount Rate And Higher P/E Multiple Will Support Upside Potential

Analysts have made a small upward adjustment to SATS' price target to SGD4.41. This reflects slightly lower discount rate assumptions, modest tweaks to revenue growth and profit margin inputs, and a marginally higher forward P/E multiple.

Recent updates

Narrative Update May 09

S58: Slightly Lower Assumptions Will Still Support Future Upside Potential

Analysts have trimmed their SATS price target slightly, reflecting updated fair value work, a modestly lower discount rate and small tweaks to revenue growth, profit margin and future P/E assumptions. This has resulted in a revised target close to the prior SGD level.
Narrative Update Apr 21

S58: Modest Margin Pressure Will Still Support Future Upside Potential

Analysts have inched their SATS price target lower to SGD4.44 from SGD4.46, citing slightly higher discount rate assumptions and marginally softer profit margin expectations, while keeping revenue growth and future P/E assumptions broadly in line. Valuation Changes Fair Value: Adjusted slightly lower from SGD4.46444 to SGD4.44222, reflecting modestly updated model inputs.
Narrative Update Apr 05

S58: Higher Fair Value And P/E Multiple Will Support Future Upside

Analysts have nudged their SATS price target slightly higher to reflect a modestly higher fair value estimate of SGD 4.46. This is paired with a small adjustment to the discount rate and only marginal tweaks to revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 22

S58: Lower Discount Rate And Higher P/E Multiple Will Support Upside Potential

Analysts have made a small upward adjustment to SATS' price target to SGD4.41. This reflects slightly lower discount rate assumptions, modest tweaks to revenue growth and profit margin inputs, and a marginally higher forward P/E multiple.
Narrative Update Mar 08

S58: Higher Margins And Refined P/E Outlook Will Support Fair Value

Analysts now place SATS' fair value at SGD 4.40, up from SGD 4.11, reflecting updated assumptions for revenue growth, profit margins, and a slightly adjusted P/E outlook. Valuation Changes Fair Value: updated from SGD 4.11 to SGD 4.40, indicating a modest upward adjustment in the valuation anchor.
Narrative Update Feb 21

S58: Stable Dividend Outlook And Steady P/E Assumptions Will Support Fair Value

Analysts have made a small upward revision to their SATS price target to SGD4.11, reflecting slightly updated assumptions on discount rate, long term revenue growth, profit margin and future P/E. These changes leave their overall valuation view largely unchanged.
Analysis Article Feb 10

SATS Ltd.'s (SGX:S58) Popularity With Investors Is Clear

SATS Ltd.'s ( SGX:S58 ) price-to-earnings (or "P/E") ratio of 22.3x might make it look like a sell right now compared...
Narrative Update Feb 07

S58: Stable Dividend Outlook And P/E Assumptions Will Support Fair Value

Analysts have nudged their price target on SATS higher to reflect small tweaks in assumptions around the discount rate, long term revenue growth, profit margins and future P/E. This has resulted in an updated fair value estimate that remains close to the prior US$4.11 level.
Narrative Update Jan 22

S58: Future Dividend Policy And Stable P/E Will Support Fair Value

Analysts have raised their price target on SATS, reflecting slightly updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E that together indicate a modestly improved outlook for the shares. What's in the News The Board of Directors has declared an interim dividend of S$0.02 per share for SATS Ltd., with payment scheduled for 5 December 2025 (Key Developments).
Narrative Update Jan 08

S58: Future Dividends And Stable Earnings Multiple Will Support Fair Value

Narrative Update on SATS The analyst price target for SATS has been revised slightly higher to reflect a fair value estimate of about 4.04, up from roughly 4.02. Analysts point to modest adjustments in the discount rate and long-term P/E assumptions as the key drivers of this change.
Narrative Update Dec 14

S58: Future Dividends Will Drive Upside As Earnings Multiple Expands

Narrative Update on SATS Analyst Price Target Analysts have modestly raised their price target on SATS from approximately $3.99 to $4.02 per share, reflecting slightly lower perceived risk and a marginally higher future earnings multiple in their updated valuation models. What's in the News The Board of Directors has declared an interim dividend of 2 cents per share, with book closure on 24 November 2025 and payment on 5 December 2025 (company announcement).
Narrative Update Nov 28

S58: Future Dividends And Higher Earnings Multiple Will Drive Upside Next Year

Analysts have increased their price target for SATS from $3.94 to $3.99, citing modest adjustments in growth estimates and valuation metrics. What's in the News The Board of Directors of SATS Ltd.
Analysis Article Nov 20

SATS' (SGX:S58) Performance Is Even Better Than Its Earnings Suggest

The subdued stock price reaction suggests that SATS Ltd.'s ( SGX:S58 ) strong earnings didn't offer any surprises...
Analysis Article Nov 16

SATS (SGX:S58) Will Pay A Dividend Of SGD0.02

SATS Ltd. ( SGX:S58 ) has announced that it will pay a dividend of SGD0.02 per share on the 5th of December. Even...
Narrative Update Nov 14

S58: Lower Discount Rate Will Drive Shareholder Returns Next Year

The analyst price target for SATS has been increased from $3.82 to $3.94. Analysts cite strengthened fair value estimates and an improved discount rate outlook in their updated assessment.
Analysis Article Oct 28

At S$3.48, Is It Time To Put SATS Ltd. (SGX:S58) On Your Watch List?

SATS Ltd. ( SGX:S58 ), is not the largest company out there, but it received a lot of attention from a substantial...
Analysis Article Oct 09

Should You Be Adding SATS (SGX:S58) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Aug 27

Collaborations With SF Express, Air India, And DHL Will Boost Air Cargo Logistics Efficiency

The upward revision in SATS’s consensus price target primarily reflects improved revenue growth forecasts, with fair value rising from SGD3.71 to SGD3.82. What's in the News SATS approved a final ordinary tax-exempt dividend of 3.5 cents per share for FY ended 31 March 2025, payable on 15 August 2025.
Analysis Article Aug 20

SATS Ltd.'s (SGX:S58) Earnings Haven't Escaped The Attention Of Investors

SATS Ltd.'s ( SGX:S58 ) price-to-earnings (or "P/E") ratio of 19.5x might make it look like a sell right now compared...
Analysis Article Jul 22

SATS (SGX:S58) Is Increasing Its Dividend To SGD0.035

SATS Ltd.'s ( SGX:S58 ) dividend will be increasing from last year's payment of the same period to SGD0.035 on 15th of...
Analysis Article Jul 18

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For SATS Ltd.'s (SGX:S58) CEO For Now

Key Insights SATS' Annual General Meeting to take place on 25th of July Salary of S$1.02m is part of CEO Kerry Mok's...
Analysis Article Jul 11

At S$3.12, Is SATS Ltd. (SGX:S58) Worth Looking At Closely?

SATS Ltd. ( SGX:S58 ), is not the largest company out there, but it saw a significant share price rise of 27% in the...
Analysis Article Jun 26

SATS (SGX:S58) Is Paying Out A Larger Dividend Than Last Year

SATS Ltd. ( SGX:S58 ) has announced that it will be increasing its dividend from last year's comparable payment on the...
Analysis Article May 26

Earnings Update: SATS Ltd. (SGX:S58) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

As you might know, SATS Ltd. ( SGX:S58 ) recently reported its annual numbers. Results overall were respectable, with...
Analysis Article May 06

A Look At The Intrinsic Value Of SATS Ltd. (SGX:S58)

Key Insights SATS' estimated fair value is S$3.19 based on 2 Stage Free Cash Flow to Equity SATS' S$2.90 share price...
Analysis Article Mar 07

When Should You Buy SATS Ltd. (SGX:S58)?

While SATS Ltd. ( SGX:S58 ) might not have the largest market cap around , it saw significant share price movement...
Analysis Article Feb 20

SATS Ltd.'s (SGX:S58) Prospects Need A Boost To Lift Shares

SATS Ltd.'s ( SGX:S58 ) price-to-sales (or "P/S") ratio of 0.9x might make it look like a buy right now compared to the...
User avatar
New Narrative Feb 09

Expanding E-Commerce And Partnerships With Mitsui And Shun Feng Will Extend Global Reach

Strategic partnerships and expansions in food services and e-commerce are expected to drive revenue growth and improve margins for SATS.
Analysis Article Feb 07

Capital Allocation Trends At SATS (SGX:S58) Aren't Ideal

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Dec 27

Estimating The Intrinsic Value Of SATS Ltd. (SGX:S58)

Key Insights The projected fair value for SATS is S$3.48 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article Nov 25

What Is SATS Ltd.'s (SGX:S58) Share Price Doing?

While SATS Ltd. ( SGX:S58 ) might not have the largest market cap around , it received a lot of attention from a...
Analysis Article Oct 27

SATS Ltd.'s (SGX:S58) Prospects Need A Boost To Lift Shares

With a price-to-sales (or "P/S") ratio of 1.2x SATS Ltd. ( SGX:S58 ) may be sending bullish signals at the moment...
Analysis Article Oct 11

SATS (SGX:S58) Could Be Struggling To Allocate Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Jul 03

SATS Ltd. (SGX:S58) Looks Inexpensive But Perhaps Not Attractive Enough

When close to half the companies operating in the Infrastructure industry in Singapore have price-to-sales ratios (or...
Analysis Article Jun 17

What Does SATS Ltd.'s (SGX:S58) Share Price Indicate?

SATS Ltd. ( SGX:S58 ), might not be a large cap stock, but it led the SGX gainers with a relatively large price hike in...
Analysis Article Apr 30

Is SATS Ltd. (SGX:S58) Trading At A 37% Discount?

Key Insights SATS' estimated fair value is S$4.02 based on 2 Stage Free Cash Flow to Equity SATS is estimated to be 37...
Analysis Article Mar 19

Is SATS (SGX:S58) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Mar 02

Is Now An Opportune Moment To Examine SATS Ltd. (SGX:S58)?

SATS Ltd. ( SGX:S58 ), is not the largest company out there, but it received a lot of attention from a substantial...
Analysis Article Feb 12

SATS (SGX:S58) Could Be Struggling To Allocate Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article Dec 28

SATS Ltd. (SGX:S58) Shares Could Be 25% Below Their Intrinsic Value Estimate

Key Insights SATS' estimated fair value is S$3.62 based on 2 Stage Free Cash Flow to Equity SATS' S$2.73 share price...
Analysis Article Dec 01

We Think SATS (SGX:S58) Is Taking Some Risk With Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Nov 15

At S$2.66, Is SATS Ltd. (SGX:S58) Worth Looking At Closely?

While SATS Ltd. ( SGX:S58 ) might not be the most widely known stock at the moment, it saw significant share price...
Analysis Article Sep 01

Is SATS (SGX:S58) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jul 28

SATS Ltd.'s (SGX:S58) Intrinsic Value Is Potentially 43% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, SATS fair value estimate is S$3.96 Current share price of...

Shareholder Returns

S58SG InfrastructureSG Market
7D0.9%-0.9%-0.2%
1Y10.1%6.3%29.3%

Return vs Industry: S58 exceeded the SG Infrastructure industry which returned 6.3% over the past year.

Return vs Market: S58 underperformed the SG Market which returned 29.3% over the past year.

Price Volatility

Is S58's price volatile compared to industry and market?
S58 volatility
S58 Average Weekly Movement3.6%
Infrastructure Industry Average Movement4.6%
Market Average Movement6.1%
10% most volatile stocks in SG Market14.4%
10% least volatile stocks in SG Market2.7%

Stable Share Price: S58 has not had significant price volatility in the past 3 months compared to the SG market.

Volatility Over Time: S58's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197254,500Kerry Mokwww.sats.com.sg

SATS Ltd., an investment holding company, provides gateway services and food solutions in Singapore, the Asia Pacific, the Americas, Europe, the Middle East, Africa, and internationally. It operates through three segments: Food Solutions, Gateway Services, and Others. The Food Solutions segment offers inflight and institutional catering, food processing, distribution services, and airline laundry services.

SATS Ltd. Fundamentals Summary

How do SATS's earnings and revenue compare to its market cap?
S58 fundamental statistics
Market capS$4.84b
Earnings (TTM)S$258.90m
Revenue (TTM)S$6.08b
18.7x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
S58 income statement (TTM)
RevenueS$6.08b
Cost of RevenueS$4.01b
Gross ProfitS$2.07b
Other ExpensesS$1.81b
EarningsS$258.90m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

May 25, 2026

Earnings per share (EPS)0.18
Gross Margin34.06%
Net Profit Margin4.26%
Debt/Equity Ratio84.4%

How did S58 perform over the long term?

See historical performance and comparison

Dividends

1.7%
Current Dividend Yield
32%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 22:22
End of Day Share Price 2026/05/22 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

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

SATS Ltd. is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan GeeBofA Global Research
Nathan GeeBofA Global Research
David MakCGS International