ST Engineering: Singapore Technologies Engineering Ltd

S63.SI : Singapore Exchange

4.390

+0.46%

Share Price in SGD. As of 17 Jul 17:04:46 SGT

All

Chart

Key stats

  • 52-Week High
    SGD 4.470
  • 52-Week Low
    SGD 3.630
  • Market Cap
    SGD 14B
  • Avg Volume
    4.5M
  • P/E Ratio (TTM)
    23.11
  • Forward Dividend Yield
    3.6%

Share Price Performance

S63.SI
Market
1 Day 0.92% 0.01%
5 Day -0.45% 0.42%
1 Month 1.39% 4.37%
6 Month 14.62% 11.05%
YTD 12.85% 8.04%
1 Year 12.28% 8.46%
5 Year 14.32% 11.85%
Include dividend return
Beansprout Analysis
Market Analysis

Consensus Share Price Target

Price Target: $4.444

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 17 Jul 2024

Analyst Ratings

  • CGS-CIMB

    25 Mar 2024

    Add

    4.360

  • DBS Research

    02 Apr 2024

    Buy

    4.800

  • Maybank Research

    26 Jun 2024

    Buy

    4.600

    (prev 4.300)

  • OCBC Investment

    05 Mar 2024

    Buy

    4.600

    (prev 4.450)

  • Phillip Securities

    14 May 2024

    Buy

    4.900

    (prev 4.500)

  • RHB Invest

    24 Jun 2024

    Buy

    4.500

  • UOB Kay Hian

    14 Nov 2023

    Buy

    4.200

Analyst Reports

Valuation

Price to earnings (P/E) ratio

Current P/E
17.5
Historical Average P/E
18.3

ST Engineering: Singapore Technologies Engineering Ltd's current P/E ratio of 17.5x is lower than its historical average P/E ratio of 18.3x.

Price to book (P/B) ratio

Current P/B
5.5
Historical Average P/B
4.3

ST Engineering: Singapore Technologies Engineering Ltd's current P/B ratio of 5.5x is higher than its historical average P/B ratio of 4.3x.

Earnings

Earnings Highlights

FY2023 Results Summary

  • Revenue: SGD 10.10B

    Increased 12% Year-on-Year

    The Group generated revenue of $10,101 million in FY2023, an increase of 12% or $1,066 million as compared to FY2022, with contributions from all segments.

  • Net Profit: SGD 587M

    Increased 10% Year-on-Year

    The Group's net profit of $586.5 million in FY2023 was higher by 10% or $51.5 million as compared to FY2022 due to strong EBIT growth.

  • Return on Equity (ROE): 24%

    Increased 2% Year-on-Year

    Profit attributable to shareholders as a percentage of share capital and reserves at end of the year increased by 1.5 percentage points to 23.8%.

  • Dividend Per Share: SGD 0.16

    The total dividend for the financial year 2023 will be 16.0 cents per ordinary share.

  • Debt to Equity Ratio: 222%

    Decreased 10% Year-on-Year

    The reduction in borrowings (current) was due to repayment as well as refinancing of short-term borrowings via the Group's issuance of US$500 million of medium-term notes during the year, which correspondingly increased borrowings (non-current).

Earnings per share (EPS)

The latest earnings per share is $0.19, which is higher than the earnings per share of $0.17 in 2022.

Financials

Financial Statements

29 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

11 Aug 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

28 Mar 2024

Annual Report

For period ending 31 Dec 2023

News
Profile

Company Description

ST Engineering is a global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defence and public security segments. The Group harnesses technology and innovation to solve real-world problems, enabling a more secure and sustainable world. Headquartered in Singapore, it has operations spanning Asia, Europe, the Middle East and the U.S., serving customers in more than 100 countries. ST Engineering reported revenue of over S$10b in 2023 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore and Dow Jones Sustainability Asia Pacific Index.

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