SATS Future Growth

Future criteria checks 4/6

SATS is forecast to grow earnings and revenue by 34.8% and 6.6% per annum respectively. EPS is expected to grow by 74.1% per annum. Return on equity is forecast to be 8.4% in 3 years.

Key information

34.8%

Earnings growth rate

74.1%

EPS growth rate

Infrastructure earnings growth	15.5%
Revenue growth rate	6.6%
Future return on equity	8.4%
Analyst coverage	Good
Last updated	08 Apr 2024

Recent future growth updates

Recent updates

How Much Did SATS'(SGX:S58) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 21

How Much Are SATS Ltd. (SGX:S58) Insiders Spending On Buying Shares?

Jan 03

How Much is SATS' (SGX:S58) CEO Getting Paid?

Dec 15

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

Nov 20

Earnings and Revenue Growth Forecasts

SGX:S58 - Analysts future estimates and past financials data (SGD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	5,873	260	581	655	1
3/31/2026	5,650	227	656	649	6
3/31/2025	5,408	150	544	593	8
3/31/2024	5,101	48	251	430	8
12/31/2023	4,324	29	183	346	N/A
9/30/2023	3,434	-2	27	182	N/A
6/30/2023	2,623	-8	-21	122	N/A
3/31/2023	1,758	-27	-40	80	N/A
12/31/2022	1,580	-30	-71	38	N/A
9/30/2022	1,412	-25	-62	45	N/A
6/30/2022	1,277	-9	-53	31	N/A
3/31/2022	1,177	20	-16	62	N/A
12/31/2021	1,156	19	32	109	N/A
9/30/2021	1,099	11	22	90	N/A
6/30/2021	1,036	-29	136	206	N/A
3/31/2021	970	-79	56	118	N/A
12/31/2020	1,125	-86	N/A	N/A	N/A
9/30/2020	1,419	-24	105	176	N/A
6/30/2020	1,686	70	27	103	N/A
3/31/2020	1,941	168	168	244	N/A
12/31/2019	1,980	225	204	275	N/A
9/30/2019	1,898	234	201	279	N/A
6/30/2019	1,854	239	205	284	N/A
3/31/2019	1,828	248	208	296	N/A
12/31/2018	1,780	264	191	284	N/A
9/30/2018	1,756	262	163	258	N/A
6/30/2018	1,737	268	191	290	N/A
3/31/2018	1,725	261	146	246	N/A
12/31/2017	1,727	263	178	282	N/A
9/30/2017	1,728	261	N/A	294	N/A
6/30/2017	1,732	251	N/A	270	N/A
3/31/2017	1,729	258	N/A	309	N/A
12/31/2016	1,721	242	N/A	320	N/A
9/30/2016	1,721	237	N/A	322	N/A
6/30/2016	1,705	235	N/A	331	N/A
3/31/2016	1,698	221	N/A	273	N/A
12/31/2015	1,706	221	N/A	234	N/A
9/30/2015	1,715	215	N/A	222	N/A
6/30/2015	1,735	202	N/A	218	N/A
3/31/2015	1,753	196	N/A	236	N/A
12/31/2014	1,763	187	N/A	254	N/A
9/30/2014	1,777	176	N/A	230	N/A
6/30/2014	1,787	177	N/A	220	N/A
3/31/2014	1,787	180	N/A	247	N/A
12/31/2013	1,801	201	N/A	265	N/A
9/30/2013	1,806	205	N/A	234	N/A
6/30/2013	1,816	206	N/A	254	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: S58's forecast earnings growth (34.8% per year) is above the savings rate (2.1%).

Earnings vs Market: S58's earnings (34.8% per year) are forecast to grow faster than the SG market (6.9% per year).

High Growth Earnings: S58's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: S58's revenue (6.6% per year) is forecast to grow faster than the SG market (3.6% per year).

High Growth Revenue: S58's revenue (6.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: S58's Return on Equity is forecast to be low in 3 years time (8.4%).

SATS Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 7.5% to S$3.21

Price target decreased to S$4.19

Consensus forecasts updated

Price target raised to S$3.62

Analysts lower EPS estimates to -S$0.069

Price target lowered to S$3.37

Recent updates

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

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

Third quarter 2024 earnings released

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

SATS Ltd. Appoints Chan Lai Fung as Independent Non-Executive Director Member, Safety, Sustainability and Risk Committee

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

Now 21% undervalued

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

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

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

New major risk - Financial position

SATS Ltd. to Report First Half, 2024 Results on Nov 10, 2023

SATS Ltd. Appoints Mak Swee Wah as Independent Non-Executive Director

SATS Ltd. Announces Appointment of Mr. Pier Luigi Sigismondi as Independent Non-Executive Director

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

New major risk - Financial position

SATS Ltd. to Report Q1, 2024 Results on Aug 15, 2023

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

Sats Ltd. Announces Director Retirements

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Sats Ltd. Appoints Low Eng Kiat Henry as Chief Operating Officer

Sats Ltd. Announces Executive Changes , Effective July 1,2023

SATS Ltd., Annual General Meeting, Jul 21, 2023

Price target decreased by 7.5% to S$3.21

Full year 2023 earnings: Revenues exceed analyst expectations

Is It Too Late To Consider Buying SATS Ltd. (SGX:S58)?

High number of new directors

SATS Ltd. to Report Second Half, 2023 Results on May 29, 2023

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

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

Analysts' Revenue Estimates For SATS Ltd. (SGX:S58) Are Surging Higher

Third quarter 2023 earnings released: EPS: S$0 (vs S$0.005 in 3Q 2022)

Is SATS (SGX:S58) A Risky Investment?

SATS Ltd. (SGX:S58) Shares Could Be 29% Above Their Intrinsic Value Estimate

SATS Ltd. Appoints Ian Chye as Company Secretary, Effect from 15 October 2022

At S$2.73, Is SATS Ltd. (SGX:S58) Worth Looking At Closely?

Price target decreased to S$4.19

SATS Ltd. (SGX:S58) entered into a sale and purchase agreement to acquire Promontoria Holding 243 B.V from Promontoria 52 Coöperatie Ua and certain management sellers for €1.2 billion

SATS Confirms Discussions to Acquire Worldwide Flight Services

Does SATS (SGX:S58) Have A Healthy Balance Sheet?

SATS Ltd. Announces Resignation of S. Prema as the Secretary, Effective 16 September 2022

First quarter 2023 earnings released: S$0.02 loss per share (vs S$0.006 profit in 1Q 2022)

Is SATS Ltd. (SGX:S58) Trading At A 45% Discount?

SATS Ltd., Annual General Meeting, Jul 22, 2022

Is SATS (SGX:S58) A Risky Investment?

Consensus forecasts updated

Full year 2022 earnings: EPS and revenues miss analyst expectations

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

Now 20% undervalued

SATS Ltd. (SGX:S58) Shares Could Be 21% Below Their Intrinsic Value Estimate

Now 21% undervalued

SATS (SGX:S58) Will Be Hoping To Turn Its Returns On Capital Around

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

SATS Ltd. to Report Q3, 2022 Results on Feb 23, 2022

SATS (SGX:S58) Seems To Use Debt Quite Sensibly

SATS (SGX:S58) Will Be Hoping To Turn Its Returns On Capital Around

Second quarter 2022 earnings released

These 4 Measures Indicate That SATS (SGX:S58) Is Using Debt Reasonably Well

Is SATS Ltd. (SGX:S58) Expensive For A Reason? A Look At Its Intrinsic Value

Be Wary Of SATS (SGX:S58) And Its Returns On Capital

Independent Non Executive Director Chee Meng Yap has left the company

SATS (SGX:S58) Has Debt But No Earnings; Should You Worry?

Full year 2021 earnings released: S$0.071 loss per share (vs S$0.15 profit in FY 2020)

SATS Ltd. (SGX:S58) entered into a conditional sale and purchase agreement to acquire 85% stake in Food City Company Limited from Bangkok Ranch Public Company Limited (SET:BR) for approximately SGD 21 million.

Full year 2021 earnings released: S$0.071 loss per share (vs S$0.15 profit in FY 2020)

Analyst Forecasts Just Became More Bearish On SATS Ltd. (SGX:S58)

Is SATS Ltd. (SGX:S58) Worth S$4.5 Based On Its Intrinsic Value?

Is SATS (SGX:S58) Likely To Turn Things Around?

New 90-day high: S$4.31