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SBS Transit LtdSGX:S61 Stock Report

Market Cap S$1.1b
Share Price
S$3.46
S$8.44
59.0% undervalued intrinsic discount
1Y26.7%
7D-0.3%
1D
Portfolio Value
​
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SBS Transit Ltd

SGX:S61 Stock Report

Market Cap: S$1.1b

SBS Transit (S61) Stock Overview

Engages in public transport operations and consultancy services relating to land transport in Singapore. More details

S61 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 59% below our estimate of its fair value

Risk Analysis

Earnings have declined by 0.5% per year over past 5 years

Dividend of 14.34% is not well covered by free cash flows


S61 Community Fair Values

Create Narrative

See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

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SBS Transit Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for SBS Transit
Historical stock prices
Current Share PriceS$3.46
52 Week HighS$4.21
52 Week LowS$2.71
Beta0.059
1 Month Change-16.02%
3 Month Change4.22%
1 Year Change26.74%
3 Year Change33.08%
5 Year Change15.72%
Change since IPO276.09%

Recent News & Updates

Analysis Article • Mar 31

Some Investors May Be Willing To Look Past SBS Transit's (SGX:S61) Soft Earnings

The market for SBS Transit Ltd's ( SGX:S61 ) shares didn't move much after it posted weak earnings recently. Our...

Recent updates

Analysis Article • Mar 31

Some Investors May Be Willing To Look Past SBS Transit's (SGX:S61) Soft Earnings

The market for SBS Transit Ltd's ( SGX:S61 ) shares didn't move much after it posted weak earnings recently. Our...
Analysis Article • Apr 17

SBS Transit Ltd's (SGX:S61) CEO Compensation Is Looking A Bit Stretched At The Moment

Key Insights SBS Transit will host its Annual General Meeting on 24th of April CEO Jeffrey Sim's total compensation...
Analysis Article • Mar 25

SBS Transit (SGX:S61) Is Increasing Its Dividend To SGD0.231

SBS Transit Ltd ( SGX:S61 ) will increase its dividend from last year's comparable payment on the 13th of May to...
Analysis Article • Feb 26

What You Can Learn From SBS Transit Ltd's (SGX:S61) P/E

It's not a stretch to say that SBS Transit Ltd's ( SGX:S61 ) price-to-earnings (or "P/E") ratio of 11.7x right now...
Analysis Article • Aug 21

SBS Transit's (SGX:S61) Shareholders May Want To Dig Deeper Than Statutory Profit

SBS Transit Ltd's ( SGX:S61 ) healthy profit numbers didn't contain any surprises for investors. We think this is due...
Analysis Article • Apr 26

SBS Transit (SGX:S61) Is Due To Pay A Dividend Of SGD0.0558

SBS Transit Ltd ( SGX:S61 ) will pay a dividend of SGD0.0558 on the 14th of May. This takes the dividend yield to 4.3...
Analysis Article • Aug 18

SBS Transit (SGX:S61) Will Pay A Larger Dividend Than Last Year At SGD0.0558

SBS Transit Ltd's ( SGX:S61 ) periodic dividend will be increasing on the 30th of August to SGD0.0558, with investors...
Analysis Article • Apr 29

SBS Transit (SGX:S61) Has Announced That Its Dividend Will Be Reduced To S$0.025

SBS Transit Ltd's ( SGX:S61 ) dividend is being reduced to S$0.025 on the 26th of May. The dividend yield of 2.8% is...
Analysis Article • Apr 06

SBS Transit's (SGX:S61) Dividend Will Be Reduced To S$0.025

SBS Transit Ltd's ( SGX:S61 ) dividend is being reduced to S$0.025 on the 26th of May. The dividend yield of 2.8% is...
Analysis Article • Mar 23

SBS Transit (SGX:S61) Will Pay A Smaller Dividend Than Last Year

SBS Transit Ltd ( SGX:S61 ) is reducing its dividend to S$0.025 on the 26th of May. The yield is still above the...
Analysis Article • Feb 25

SBS Transit (SGX:S61) Is Reducing Its Dividend To S$0.025

SBS Transit Ltd's ( SGX:S61 ) dividend is being reduced to S$0.025 on the 26th of May. However, the dividend yield of...
Analysis Article • Apr 16

Returns On Capital Are A Standout For SBS Transit (SGX:S61)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article • Mar 26

We Think SBS Transit (SGX:S61) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Mar 04

SBS Transit Ltd's (SGX:S61) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

With its stock down 2.9% over the past three months, it is easy to disregard SBS Transit (SGX:S61). But if you pay...
Analysis Article • Feb 04

Does SBS Transit's (SGX:S61) Statutory Profit Adequately Reflect Its Underlying Profit?

Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...
Analysis Article • Jan 14

Is SBS Transit (SGX:S61) A Future Multi-bagger?

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article • Dec 24

Did You Participate In Any Of SBS Transit's (SGX:S61) Respectable 78% Return?

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Analysis Article • Dec 03

SBS Transit (SGX:S61) Seems To Use Debt Quite Sensibly

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

Shareholder Returns

S61SG TransportationSG Market
7D-0.3%-0.5%-0.2%
1Y26.7%5.7%29.5%

Return vs Industry: S61 exceeded the SG Transportation industry which returned 5.7% over the past year.

Return vs Market: S61 underperformed the SG Market which returned 29.5% over the past year.

Price Volatility

Is S61's price volatile compared to industry and market?
S61 volatility
S61 Average Weekly Movement5.0%
Transportation Industry Average Movement5.0%
Market Average Movement6.1%
10% most volatile stocks in SG Market14.5%
10% least volatile stocks in SG Market2.7%

Stable Share Price: S61 has not had significant price volatility in the past 3 months compared to the SG market.

Volatility Over Time: S61's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19929,627Jeffrey Simwww.sbstransit.com.sg

SBS Transit Ltd engages in public transport operations and consultancy services relating to land transport in Singapore. It operates through Public Transport Services and Other Commercial Services segments. The company offers basic, express, and city direct bus services; and rail services under the North East and Downtown lines, and the Sengkang and Punggol light rail transits to commuters traveling on public transport systems.

SBS Transit Ltd Fundamentals Summary

How do SBS Transit's earnings and revenue compare to its market cap?
S61 fundamental statistics
Market capS$1.08b
Earnings (TTM)S$60.85m
Revenue (TTM)S$1.54b
17.8x
P/E Ratio
0.7x
P/S Ratio

Is S61 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
S61 income statement (TTM)
RevenueS$1.54b
Cost of RevenueS$1.22b
Gross ProfitS$314.84m
Other ExpensesS$253.99m
EarningsS$60.85m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin20.51%
Net Profit Margin3.96%
Debt/Equity Ratio0%

How did S61 perform over the long term?

See historical performance and comparison

Dividends

14.3%
Current Dividend Yield
90%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 23:22
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

SBS Transit Ltd is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Khang Chuen OngCGS International
Woon Bing YongDBS Bank Ltd