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Singapore Technologies Engineering Ltd
SGX:S63

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Singapore Technologies Engineering Ltd
SGX:S63
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Price: 10.83 SGD -1.72% Market Closed
Market Cap: S$33.8B

P/OCF

19.6
Current
58%
More Expensive
vs 3-y average of 12.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
19.6
=
Market Cap
S$35.1B
/
Operating Cash Flow
S$1.7B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
19.6
=
Market Cap
S$35.1B
/
Operating Cash Flow
S$1.7B

Valuation Scenarios

Singapore Technologies Engineering Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (12.4), the stock would be worth S$6.85 (37% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-50%
Maximum Upside
No Upside Scenarios
Average Downside
33%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 19.6 S$10.83
0%
3-Year Average 12.4 S$6.85
-37%
5-Year Average 11.7 S$6.45
-40%
Industry Average 18.4 S$10.18
-6%
Country Average 9.8 S$5.43
-50%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
SG
Singapore Technologies Engineering Ltd
SGX:S63
34.3B SGD 19.6 72.4
US
Raytheon Technologies Corp
NYSE:RTX
234.7B USD 21.1 32.3
US
RTX Corp
LSE:0R2N
233.6B USD 21 32.2
US
Boeing Co
NYSE:BA
183.1B USD 73.2 95.2
NL
Airbus SE
PAR:AIR
130.6B EUR 16.4 25.1
FR
Safran SA
PAR:SAF
112.6B EUR 20 15.9
UK
Rolls-Royce Holdings PLC
LSE:RR
95.4B GBP 21.2 16.6
US
Lockheed Martin Corp
NYSE:LMT
117.6B USD 16 24.5
US
Howmet Aerospace Inc
NYSE:HWM
97.4B USD 51.7 64.7
US
General Dynamics Corp
NYSE:GD
84.7B USD 16.6 20.1
UK
BAE Systems PLC
LSE:BA
60.6B GBP 17.8 29.7

Market Distribution

Higher than 80% of companies in Singapore
Percentile
80th
Based on 510 companies
80th percentile
19.6
Low
0 — 6.4
Typical Range
6.4 — 15.7
High
15.7 —
Distribution Statistics
Singapore
Min 0
30th Percentile 6.4
Median 9.8
70th Percentile 15.7
Max 1 304.2

Singapore Technologies Engineering Ltd
Glance View

Singapore Technologies Engineering Ltd, known simply as ST Engineering, stands as a towering figure in the world of integrated engineering. Born from the ambition to push Singapore towards a future where technology would play a crucial role, this conglomerate has carved a formidable niche in the global marketplace. With its roots stretching back to the fusion of the country's defense, engineering, and technology sectors, ST Engineering took the vision of a digitally advanced world and turned it into its operating blueprint. The company's operations are structured around four key arms: Aerospace, Electronics, Land Systems, and Marine. These divisions are not just silos of operations but a seamlessly integrated ecosystem where innovation and practical engineering harmoniously converge. In its role as a multifaceted conglomerate, ST Engineering adeptly leverages its diverse capabilities to generate revenue. The Aerospace division is a leader in aircraft maintenance and modification, providing comprehensive services to both commercial and military aviation clients worldwide. Meanwhile, the Electronics arm is at the frontier of technological solutions, offering insights into smart city development and cybersecurity. Land Systems deliver robust and sustainable products in the domain of transportation and defense solutions, supporting both governmental and private enterprises. Lastly, the Marine division fortifies its portfolio with its adeptness in shipbuilding and repair services. This broad spectrum of services not only ensures a diversified revenue stream but also positions ST Engineering as a pivotal player in sectors that are fundamental to global infrastructure and advancement.

S63 Intrinsic Value
7.08 SGD
Overvaluation 35%
Intrinsic Value
Price S$10.83
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