SIA Engineering Company Limited

SGX:S59 Stock Report

Market Cap: S$3.6b

SIA Engineering Past Earnings Performance

Past criteria checks 4/6

SIA Engineering has been growing earnings at an average annual rate of 32.5%, while the Infrastructure industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 23.7% per year. SIA Engineering's return on equity is 9.6%, and it has net margins of 11.9%.

Key information

32.54%

Earnings growth rate

32.60%

EPS growth rate

Infrastructure Industry Growth6.15%
Revenue growth rate23.69%
Return on equity9.64%
Net Margin11.87%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article May 14

Analysts Have Lowered Expectations For SIA Engineering Company Limited (SGX:S59) After Its Latest Results

SIA Engineering Company Limited ( SGX:S59 ) shareholders are probably feeling a little disappointed, since its shares...
Analysis Article Jan 20

Is SIA Engineering (SGX:S59) A Risky Investment?

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 Dec 12

SIA Engineering (SGX:S59) Is Looking To Continue Growing Its Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Nov 27

Should You Be Adding SIA Engineering (SGX:S59) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Nov 10

SIA Engineering (SGX:S59) Has Announced A Dividend Of SGD0.025

SIA Engineering Company Limited ( SGX:S59 ) has announced that it will pay a dividend of SGD0.025 per share on the 28th...
Analysis Article Sep 30

Calculating The Intrinsic Value Of SIA Engineering Company Limited (SGX:S59)

Key Insights Using the 2 Stage Free Cash Flow to Equity, SIA Engineering fair value estimate is S$4.09 With S$3.54...
Analysis Article Sep 15

SIA Engineering (SGX:S59) Has A Rock Solid Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 11

SIA Engineering Company Limited's (SGX:S59) P/E Still Appears To Be Reasonable

SGX:S59 1 Year Share Price vs Fair Value Explore SIA Engineering's Fair Values from the Community and select yours SIA...
Analysis Article Jul 21

SIA Engineering (SGX:S59) Has Announced That It Will Be Increasing Its Dividend To SGD0.07

The board of SIA Engineering Company Limited ( SGX:S59 ) has announced that it will be paying its dividend of SGD0.07...
Analysis Article Jul 02

Here's Why SIA Engineering (SGX:S59) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jun 16

Is SIA Engineering (SGX:S59) A Risky Investment?

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 May 15

The SIA Engineering Company Limited (SGX:S59) Yearly Results Are Out And Analysts Have Published New Forecasts

It's been a good week for SIA Engineering Company Limited ( SGX:S59 ) shareholders, because the company has just...
Analysis Article May 13

SIA Engineering (SGX:S59) Could Be Struggling To Allocate Capital

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article Mar 25

Estimating The Fair Value Of SIA Engineering Company Limited (SGX:S59)

Key Insights The projected fair value for SIA Engineering is S$1.98 based on 2 Stage Free Cash Flow to Equity SIA...
Analysis Article Feb 17

We Think SIA Engineering (SGX:S59) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Nov 12

We Think SIA Engineering's (SGX:S59) Solid Earnings Are Understated

SIA Engineering Company Limited's ( SGX:S59 ) recent earnings report didn't offer any surprises, with the shares...
Analysis Article Nov 10

SIA Engineering (SGX:S59) Is Paying Out A Dividend Of SGD0.02

The board of SIA Engineering Company Limited ( SGX:S59 ) has announced that it will pay a dividend of SGD0.02 per share...
Analysis Article Aug 22

Does SIA Engineering (SGX:S59) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 16

SIA Engineering (SGX:S59) Is Paying Out A Dividend Of SGD0.06

SIA Engineering Company Limited's ( SGX:S59 ) investors are due to receive a payment of SGD0.06 per share on 14th of...
Analysis Article Jun 04

Is SIA Engineering Company Limited (SGX:S59) Trading At A 30% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, SIA Engineering fair value estimate is S$3.42 SIA...
Analysis Article Apr 17

Getting In Cheap On SIA Engineering Company Limited (SGX:S59) Might Be Difficult

SIA Engineering Company Limited's ( SGX:S59 ) price-to-earnings (or "P/E") ratio of 22.9x might make it look like a...
Analysis Article Feb 17

Is SIA Engineering Company Limited (SGX:S59) Expensive For A Reason? A Look At Its Intrinsic Value

Key Insights The projected fair value for SIA Engineering is S$1.77 based on 2 Stage Free Cash Flow to Equity SIA...
Analysis Article Oct 19

Is There Now An Opportunity In SIA Engineering Company Limited (SGX:S59)?

SIA Engineering Company Limited ( SGX:S59 ), is not the largest company out there, but it saw its share price hover...
Analysis Article Jun 14

Is SIA Engineering (SGX:S59) Using Debt In A Risky Way?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article May 10

When Should You Buy SIA Engineering Company Limited (SGX:S59)?

While SIA Engineering Company Limited ( SGX:S59 ) might not be the most widely known stock at the moment, it received a...
Analysis Article Mar 13

Estimating The Fair Value Of SIA Engineering Company Limited (SGX:S59)

Key Insights Using the 2 Stage Free Cash Flow to Equity, SIA Engineering fair value estimate is S$2.41 SIA...
Analysis Article Jan 07

Should You Investigate SIA Engineering Company Limited (SGX:S59) At S$2.41?

While SIA Engineering Company Limited ( SGX:S59 ) might not be the most widely known stock at the moment, it saw a...
Analysis Article Dec 07

A Look At The Intrinsic Value Of SIA Engineering Company Limited (SGX:S59)

Does the December share price for SIA Engineering Company Limited ( SGX:S59 ) reflect what it's really worth? Today, we...
Analysis Article Sep 07

Is It Too Late To Consider Buying SIA Engineering Company Limited (SGX:S59)?

SIA Engineering Company Limited ( SGX:S59 ), might not be a large cap stock, but it saw its share price hover around a...
Analysis Article Aug 04

Is SIA Engineering (SGX:S59) Weighed On By Its Debt Load?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 07

What Is SIA Engineering Company Limited's (SGX:S59) Share Price Doing?

While SIA Engineering Company Limited ( SGX:S59 ) might not be the most widely known stock at the moment, it received a...
Analysis Article Mar 23

Health Check: How Prudently Does SIA Engineering (SGX:S59) Use Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 23

An Intrinsic Calculation For SIA Engineering Company Limited (SGX:S59) Suggests It's 24% Undervalued

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of SIA Engineering...
Analysis Article Dec 05

Is SIA Engineering (SGX:S59) Using Debt In A Risky Way?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 09

Is SIA Engineering Company Limited (SGX:S59) Trading At A 39% Discount?

In this article we are going to estimate the intrinsic value of SIA Engineering Company Limited ( SGX:S59 ) by taking...
Analysis Article Apr 13

What Is SIA Engineering Company Limited's (SGX:S59) Share Price Doing?

While SIA Engineering Company Limited ( SGX:S59 ) might not be the most widely known stock at the moment, it received a...
Analysis Article Mar 22

Does SIA Engineering (SGX:S59) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Revenue & Expenses Breakdown

How SIA Engineering makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SGX:S59 Revenue, expenses and earnings (SGD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 261,4231696900
31 Dec 251,4261586260
30 Sep 251,3981546630
30 Jun 251,3351496260
31 Mar 251,2451406260
31 Dec 241,1901185960
30 Sep 241,1561076080
30 Jun 241,1011035960
31 Mar 241,094975960
31 Dec 231,0311074570
30 Sep 23948935220
30 Jun 23886814570
31 Mar 23796664450
31 Dec 22733553740
30 Sep 22665753960
30 Jun 22612663740
31 Mar 22566683740
31 Dec 2151462900
30 Sep 21484333710
30 Jun 21457132770
31 Mar 21443-113730
31 Dec 20562374200
30 Sep 20704874600
30 Jun 208481434930
31 Mar 209941945300
31 Dec 191,0211915230
30 Sep 191,0251705280
30 Jun 191,0211625320
31 Mar 191,0211615380
31 Dec 181,0411685390
30 Sep 181,0561905400
30 Jun 181,0801915420
31 Mar 181,0951875440
31 Dec 171,1141765530
30 Sep 171,1151745540
30 Jun 171,1051715490
31 Mar 171,1043325630
31 Dec 161,1033285490
30 Sep 161,1063255400
30 Jun 161,1073345360
31 Mar 161,1131775130
31 Dec 151,0941775150
30 Sep 151,0851735140
30 Jun 151,1041715200

Quality Earnings: S59 has high quality earnings.

Growing Profit Margin: S59's current net profit margins (11.9%) are higher than last year (11.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: S59 has become profitable over the past 5 years, growing earnings by 32.5% per year.

Accelerating Growth: S59's earnings growth over the past year (21%) is below its 5-year average (32.5% per year).

Earnings vs Industry: S59 earnings growth over the past year (21%) exceeded the Infrastructure industry 6.1%.


Return on Equity

High ROE: S59's Return on Equity (9.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 07:01
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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

SIA Engineering Company Limited is covered by 15 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
Paul Robert DewberryBofA Global Research
Kok Hoe YapCGS International
Jame OsmanDaiwa Securities Co. Ltd.