NETL.F Stock Overview

Owns, designs, builds, and operates the passive fibre network infrastructure for residential homes and non-residential premises, and non-building address point (NBAP) connections in mainland Singapore and its connected islands. More details

NETL.F fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 50.1% below our estimate of its fair value

Earnings are forecast to grow 5.36% per year

Risk Analysis

Dividend of 6.34% is not well covered by earnings or free cash flows

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

NetLink NBN Trust Competitors

Iridium Communications

NasdaqGS:IRDM

US$3.3b

Cogent Communications Holdings

NasdaqGS:CCOI

US$3.5b

Sify Technologies

NasdaqCM:SIFY

US$95.3m

IDT

NYSE:IDT

US$1.2b

Price History & Performance

Summary of share price highs, lows and changes for NetLink NBN Trust
Historical stock prices
Current Share Price	S$0.68
52 Week High	S$0.71
52 Week Low	S$0.62
Beta	0.21
1 Month Change	-0.19%
3 Month Change	3.29%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	13.09%

Recent updates

Shareholder Returns

	NETL.F	US Telecom	US Market
7D	0%	-4.1%	-3.5%
1Y	n/a	18.9%	22.1%

Return vs Industry: Insufficient data to determine how NETL.F performed against the US Telecom industry.

Return vs Market: Insufficient data to determine how NETL.F performed against the US Market.

Price Volatility

Is NETL.F's price volatile compared to industry and market?
NETL.F volatility
NETL.F Average Weekly Movement	n/a
Telecom Industry Average Movement	7.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NETL.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine NETL.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2017	n/a	Yew Tong	www.netlinknbn.com

NetLink NBN Trust owns, designs, builds, and operates the passive fibre network infrastructure for residential homes and non-residential premises, and non-building address point (NBAP) connections in mainland Singapore and its connected islands. The company’s passive fiber network infrastructure includes ducts, manholes, fibre cables, and central offices. NetLink NBN Trust was incorporated in 2017 and is based in Singapore.

NetLink NBN Trust Fundamentals Summary

How do NetLink NBN Trust's earnings and revenue compare to its market cap?
NETL.F fundamental statistics
Market cap	US$2.42b
Earnings (TTM)	US$72.61m
Revenue (TTM)	US$304.71m

33.3x

P/E Ratio

7.9x

P/S Ratio

Is NETL.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NETL.F income statement (TTM)
Revenue	S$414.66m
Cost of Revenue	S$74.62m
Gross Profit	S$340.05m
Other Expenses	S$241.23m
Earnings	S$98.81m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.025
Gross Margin	82.01%
Net Profit Margin	23.83%
Debt/Equity Ratio	32.9%

How did NETL.F perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

210%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 11:51
End of Day Share Price	2024/12/04 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

NetLink NBN Trust is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Sachin Salgaonkar	BofA Global Research
Mat Collings	CGS International
Luis Hilado	Citigroup Inc