Singapore Technologies Engineering Ltd
SGX:S63

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Singapore Technologies Engineering Ltd
SGX:S63
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Price: 8.18 SGD 0.12% Market Closed
Market Cap: 25.5B SGD

Relative Value

The Relative Value of one S63 stock under the Base Case scenario is 9.39 SGD. Compared to the current market price of 8.18 SGD, Singapore Technologies Engineering Ltd is Undervalued by 13%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

S63 Relative Value
Base Case
9.39 SGD
Undervaluation 13%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
6
vs Industry
68
Median 3Y
1.3
Median 5Y
1.4
Industry
4.4
Forward
2.1
vs History
7
vs Industry
39
Median 3Y
21.7
Median 5Y
21.1
Industry
34.5
Forward
32.8
vs History
14
vs Industry
46
Median 3Y
12.3
Median 5Y
11.1
Industry
20.6
vs History
25
vs Industry
23
Median 3Y
46.2
Median 5Y
15.1
Industry
33.4
vs History
6
vs Industry
16
Median 3Y
5.2
Median 5Y
4.9
Industry
4.1
vs History
6
vs Industry
64
Median 3Y
1.6
Median 5Y
1.6
Industry
4.6
Forward
2.3
vs History
6
vs Industry
53
Median 3Y
8.1
Median 5Y
8
Industry
14.2
vs History
6
vs Industry
46
Median 3Y
11.5
Median 5Y
11.8
Industry
19.7
Forward
16.5
vs History
7
vs Industry
40
Median 3Y
20.2
Median 5Y
20
Industry
26.8
Forward
24.6
vs History
15
vs Industry
46
Median 3Y
14.1
Median 5Y
13
Industry
21.5
vs History
44
vs Industry
33
Median 3Y
27.2
Median 5Y
22.9
Industry
26.5
vs History
6
vs Industry
56
Median 3Y
1.3
Median 5Y
1.4
Industry
2.8

Multiples Across Competitors

S63 Competitors Multiples
Singapore Technologies Engineering Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Singapore Technologies Engineering Ltd
SGX:S63
25.5B SGD 2.2 33.2 17.4 26.2
US
Raytheon Technologies Corp
NYSE:RTX
243.4B USD 2.8 37.1 21.3 32
US
RTX Corp
LSE:0R2N
240.1B USD 2.8 36.4 21 31.6
NL
Airbus SE
PAR:AIR
154.9B EUR 2.1 30.6 18.1 27.5
US
Boeing Co
NYSE:BA
163.2B USD 2 -16.1 -28.4 -21.9
FR
Safran SA
PAR:SAF
128.1B EUR 4.4 29.7 21.5 28.1
UK
Rolls-Royce Holdings PLC
LSE:RR
99.4B GBP 5.1 17.2 23.5 29.9
US
Lockheed Martin Corp
NYSE:LMT
108.1B USD 1.5 25.9 16 20.3
US
General Dynamics Corp
NYSE:GD
91.7B USD 1.8 21.8 15.8 18.5
DE
Rheinmetall AG
XETRA:RHM
71.3B EUR 6.5 85 36.8 48.8
US
Howmet Aerospace Inc
NYSE:HWM
81B USD 10.3 56.5 36.6 41.8
P/E Multiple
Earnings Growth PEG
SG
Singapore Technologies Engineering Ltd
SGX:S63
Average P/E: 37.3
33.2
18%
1.8
US
Raytheon Technologies Corp
NYSE:RTX
37.1
29%
1.3
US
RTX Corp
LSE:0R2N
36.4
29%
1.3
NL
Airbus SE
PAR:AIR
30.6
22%
1.4
US
Boeing Co
NYSE:BA
Negative Multiple: -16.1 N/A N/A
FR
Safran SA
PAR:SAF
29.7
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
17.2
8%
2.1
US
Lockheed Martin Corp
NYSE:LMT
25.9
11%
2.4
US
General Dynamics Corp
NYSE:GD
21.8
11%
2
DE
Rheinmetall AG
XETRA:RHM
85
60%
1.4
US
Howmet Aerospace Inc
NYSE:HWM
56.5
23%
2.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Singapore Technologies Engineering Ltd
SGX:S63
Average EV/EBITDA: 22.8
17.4
11%
1.6
US
Raytheon Technologies Corp
NYSE:RTX
21.3
18%
1.2
US
RTX Corp
LSE:0R2N
21
18%
1.2
NL
Airbus SE
PAR:AIR
18.1
20%
0.9
US
Boeing Co
NYSE:BA
Negative Multiple: -28.4 N/A N/A
FR
Safran SA
PAR:SAF
21.5
16%
1.3
UK
Rolls-Royce Holdings PLC
LSE:RR
23.5
17%
1.4
US
Lockheed Martin Corp
NYSE:LMT
16
10%
1.6
US
General Dynamics Corp
NYSE:GD
15.8
10%
1.6
DE
Rheinmetall AG
XETRA:RHM
36.8
42%
0.9
US
Howmet Aerospace Inc
NYSE:HWM
36.6
18%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
Singapore Technologies Engineering Ltd
SGX:S63
Average EV/EBIT: 30.5
26.2
14%
1.9
US
Raytheon Technologies Corp
NYSE:RTX
32
31%
1
US
RTX Corp
LSE:0R2N
31.6
31%
1
NL
Airbus SE
PAR:AIR
27.5
27%
1
US
Boeing Co
NYSE:BA
Negative Multiple: -21.9 N/A N/A
FR
Safran SA
PAR:SAF
28.1
19%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
29.9
21%
1.4
US
Lockheed Martin Corp
NYSE:LMT
20.3
12%
1.7
US
General Dynamics Corp
NYSE:GD
18.5
11%
1.7
DE
Rheinmetall AG
XETRA:RHM
48.8
45%
1.1
US
Howmet Aerospace Inc
NYSE:HWM
41.8
20%
2.1