SBS Transit Ltd provides bus and rail public transport services primarily in Singapore. More Details
No risks detected for S61 from our risk checks.
Flawless balance sheet and good value.
Share Price & News
How has SBS Transit's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S61 is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: S61's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: S61 exceeded the SG Transportation industry which returned -19.9% over the past year.
Return vs Market: S61 underperformed the SG Market which returned -10.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SBS Transit's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIs SBS Transit (SGX:S61) A Future Multi-bagger?
3 weeks ago | Simply Wall StDid You Participate In Any Of SBS Transit's (SGX:S61) Respectable 78% Return?
1 month ago | Simply Wall StSBS Transit (SGX:S61) Seems To Use Debt Quite Sensibly
Is SBS Transit undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: S61 (SGD3.05) is trading below our estimate of fair value (SGD9.14)
Significantly Below Fair Value: S61 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: S61 is good value based on its PE Ratio (13.8x) compared to the XA Transportation industry average (16.1x).
PE vs Market: S61 is good value based on its PE Ratio (13.8x) compared to the SG market (15x).
Price to Earnings Growth Ratio
PEG Ratio: S61 is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: S61 is overvalued based on its PB Ratio (1.8x) compared to the XA Transportation industry average (1x).
How is SBS Transit forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: S61's forecast earnings growth (8.4% per year) is above the savings rate (2%).
Earnings vs Market: S61's earnings (8.4% per year) are forecast to grow slower than the SG market (25.1% per year).
High Growth Earnings: S61's earnings are forecast to grow, but not significantly.
Revenue vs Market: S61's revenue (4% per year) is forecast to grow slower than the SG market (8.3% per year).
High Growth Revenue: S61's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: S61's Return on Equity is forecast to be low in 3 years time (13.8%).
How has SBS Transit performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S61 has high quality earnings.
Growing Profit Margin: S61's current net profit margins (5.2%) are lower than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: S61's earnings have grown significantly by 32.2% per year over the past 5 years.
Accelerating Growth: S61's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: S61 had negative earnings growth (-22.2%) over the past year, making it difficult to compare to the Transportation industry average (-19.4%).
Return on Equity
High ROE: S61's Return on Equity (12.8%) is considered low.
How is SBS Transit's financial position?
Financial Position Analysis
Short Term Liabilities: S61's short term assets (SGD439.0M) exceed its short term liabilities (SGD419.0M).
Long Term Liabilities: S61's short term assets (SGD439.0M) exceed its long term liabilities (SGD181.4M).
Debt to Equity History and Analysis
Debt Level: S61's debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: S61's debt to equity ratio has reduced from 153% to 13.9% over the past 5 years.
Debt Coverage: S61's debt is well covered by operating cash flow (257.3%).
Interest Coverage: S61's interest payments on its debt are well covered by EBIT (21.1x coverage).
What is SBS Transit current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate S61's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate S61's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if S61's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if S61's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: S61 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of S61's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Siak Kian Cheng (50 yo)
Mr. Siak Kian Cheng serves as Acting Chief Executive Officer at SBS Transit Limited since March 1, 2020. Mr. Cheng serves as Acting Chief Executive Officer of SBS Transit Limited at ComfortDelGro Corporati...
|Executive Deputy Chairman||3.67yrs||S$253.42k||no data|
|Acting Chief Executive Officer||0.83yr||no data||no data|
|Chief Financial Officer||2.67yrs||no data||no data|
|Comfortdelgro Group||11yrs||no data||no data|
|Group General Counsel & Joint Company Secretary||0.33yr||no data||no data|
|Senior Vice President of Corporate Communications||no data||no data||no data|
|Senior Vice President of Corporate Development||13.92yrs||no data||no data|
|Vice President of Human Resource (Special Grade)||6.58yrs||no data||no data|
|Head of Bus Operations||no data||no data||no data|
|Senior VP & Head of Rail||10yrs||no data||no data|
|Chief Executive Officer of Downtown Line||8yrs||no data||0.088% |
|Senior VP and Head of Rail Engineering (North East Line & Sengkang Punggol LRT)||6yrs||no data||no data|
Experienced Management: S61's management team is seasoned and experienced (6.3 years average tenure).
|Executive Deputy Chairman||3.67yrs||S$253.42k||no data|
|Non-Executive & Non-Independent Chairman||18yrs||S$81.40k||no data|
|Independent Non-Executive Director||1.58yrs||S$32.74k||no data|
|Independent Non-Executive Director||3.67yrs||S$60.62k||no data|
|Lead Independent Director||8yrs||S$51.52k||no data|
|Lead Independent Director||1.75yrs||S$63.92k||no data|
|Independent Non-Executive Director||3.25yrs||S$51.70k||no data|
|Independent Non-Executive Director||1.75yrs||S$38.43k||no data|
Experienced Board: S61's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SBS Transit Ltd's company bio, employee growth, exchange listings and data sources
- Name: SBS Transit Ltd
- Ticker: S61
- Exchange: SGX
- Founded: 1992
- Industry: Trucking
- Sector: Transportation
- Market Cap: S$951.188m
- Shares outstanding: 311.86m
- Website: https://www.sbstransit.com.sg
Number of Employees
- SBS Transit Ltd
- 205 Braddell Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|S61||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Dec 1997|
SBS Transit Ltd provides bus and rail public transport services primarily in Singapore. The company operates through Public Transport Services and Other Commercial Services segments. Its bus services inclu...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/20 11:11|
|End of Day Share Price||2021/01/20 00:00|
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.