SBS Transit Ltd

SGX:S61 Stock Report

Market Cap: S$1.1b

SBS Transit Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jeffrey Sim

Chief executive officer

S$1.3m

Total compensation

CEO salary percentage34.29%
CEO tenure3.4yrs
CEO ownership0.04%
Management average tenure6.7yrs
Board average tenure3.4yrs

Recent management updates

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...

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...

CEO Compensation Analysis

How has Jeffrey Sim's remuneration changed compared to SBS Transit's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

S$61m

Dec 31 2025S$1mS$461k

S$61m

Sep 30 2025n/an/a

S$64m

Jun 30 2025n/an/a

S$68m

Mar 31 2025n/an/a

S$69m

Dec 31 2024S$1mS$384k

S$70m

Sep 30 2024n/an/a

S$68m

Jun 30 2024n/an/a

S$68m

Mar 31 2024n/an/a

S$69m

Dec 31 2023S$849kS$366k

S$69m

Compensation vs Market: Jeffrey's total compensation ($USD1.04M) is about average for companies of similar size in the SG market ($USD1.04M).

Compensation vs Earnings: Jeffrey's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jeffrey Sim (49 yo)

3.4yrs
Tenure
S$1,343,690
Compensation

Mr. Vee Ming Sim, also known as Jeffrey, serves as Non-Independent Executive Director at SBS Transit Ltd since January 01, 2023 and its CEO of Bus Business since June 20, 2025. He serves as Chief Executive...

Leadership Team

NamePositionTenureCompensationOwnership
Vee Ming Sim
CEO of Bus Businessno dataS$1.34m0.041%
SGD 448.8k
Kum Ee Chew
Chief Financial Officer8.1yrsno datano data
Cheen Kuan Au
General Counsel & Company Secretary4.7yrsno datano data
Tan Boon
Chief Human Resource Officerno datano datano data
Jit Poh Lim
Senior Advisor5.2yrsS$30.12kno data
I-Lin Tan
Group Corporate Affairs Officer of ComfortDelGro Groupno datano datano data
Yam Lim Lee
CEO of Rail Business & Head of Downtown Line6.7yrsno datano data
Peng Fai Mok
Chief Executive Officer of Singapore One Rail - Jurong Region Line8.7yrsno datano data
Pin Kai Goh
Head of Bus Developmentno datano datano data
Peng Guan Ngoh
Head of Risk & Sustainability and Head of Bus Supportno datano datano data
Kah Wei Ho
Head of Rail Developmentno datano datano data
Teng Joo Loh
Head of Information Technologyno datano datano data
6.7yrs
Average Tenure
59yo
Average Age

Experienced Management: S61's management team is seasoned and experienced (6.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vee Ming Sim
CEO of Bus Business3.4yrsS$1.34m0.041%
SGD 448.8k
Kim Siew Tan
Independent Non-Executive Director7yrsS$87.75kno data
Ai Ching Tan
Independent Non-Executive Directorless than a yearno datano data
Beng Hai Tan
Independent Non-Executive Chairman5.2yrsS$159.54kno data
Patrick Daniel
Independent Non-Executive Director2.4yrsS$74.75kno data
Siak Kian Cheng
Non-Independent Non-Executive Deputy Chairman5.2yrsS$109.19k0.029%
SGD 316.8k
Yim Pui Kong
Non-Independent Non-Executive Director8.7yrsS$100.27kno data
Yui Hung Lim
Independent Non-Executive Director2.7yrsS$80.98kno data
Teng Chuan Yeo
Independent Non-Executive Director2.4yrsS$73.53kno data
3.4yrs
Average Tenure
63yo
Average Age

Experienced Board: S61's board of directors are considered experienced (3.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 11:04
End of Day Share Price 2026/06/09 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