Singapore Technologies Engineering Ltd (SGGKY)
SurévaluéFondamental
55
Prix
$10.83
Capitalisation boursière
$33.75B
Partie 1 · Ce que vaut l'entreprise
Vue d'ensemble
ST Engineering is a Singapore-based technology and engineering group that serves three quite different customer types: airlines needing aircraft maintenance and cabin conversions, governments needing defence equipment and public-safety systems, and cities and transit operators needing rail, smart-city and satellite-communication infrastructure. It grew out of Singapore's state-linked defence industry and remains majority owned by Temasek, the country's sovereign investment company.
Comment l'entreprise gagne de l'argent
Revenue comes from a mix of long-cycle government defence contracts, often spanning years and tied to national budgets, and shorter-cycle commercial work such as aircraft maintenance billed per job or under multi-year service agreements with airlines. The commercial aerospace side tracks global flight activity and airline fleet growth, while the defence and public-security side depends on government procurement timing rather than economic conditions.
Chiffre d'affaires par segment
Land, naval and defence systems, cybersecurity and public-safety technology sold mainly to Singapore and allied governments.
Maintenance, repair and overhaul of commercial aircraft and engines, plus cabin and freighter conversions for airlines and lessors.
Rail engineering, smart-city infrastructure and satellite communications equipment sold to transit operators and cities.
Ce qui stimule la demande
CycliqueThe commercial aerospace segment moves with global flight activity and airline capital spending, which contract sharply in aviation downturns, while the defence segment is steadier but still exposed to the timing of government budget and procurement cycles rather than to consumer demand. Public disclosures list a slowdown in global flight activity and renewed supply-chain disruption among the specific risks to results.
Principaux risques
- Global supply chain disruption — The company names disruption to global supply chains among the factors that may negatively impact its business activities, alongside general industry and economic conditions.
- Interest rate and capital cost exposure — Interest rate trends and the cost and availability of capital are listed as factors that can affect the company's results, relevant given its use of debt to fund long-cycle contracts and acquisitions.
- Government policy and procurement timing — Governmental and public policy changes are named as a risk factor, and defence revenue depends on the timing of contract awards and deliveries set by government customers rather than by the company itself.
- Inflation and cost competition — Inflationary pressure and competition from other companies are listed as factors that can negatively affect business activities, relevant on fixed-price and multi-year contracts where costs are committed in advance.
Written by the editors, published on 18 août 2026
Direct competitors
Who this company fights with for the same customers
No editorial profile for this company yet
No competitor list for this company yet.
Bilan & Liquidités
Chiffre d'affaires
$12.92B
12 derniers mois jusqu'au dernier trimestre publié — estimation à partir de ratios par action
Résultat net
$568M
12 derniers mois jusqu'au dernier trimestre publié — estimation à partir de ratios par action
Flux de trésorerie libre
$879M
Capitaux propres totaux
$2.52B
Passif total
$4.73B
Ratio de liquidité général
0.95
Couverture des intérêts
-
Dette/EBITDA
2.86
Bénéfice par action
Chiffre d'affaires & Résultat net
Flux de trésorerie libre
Décomposition du résultat
État historique
Marges dans le temps
La dette dans le temps
Le poids de la dette
Grille de la croissance
Croissance — Chiffre d'affaires
Estimation de la juste valeur
Juste valeur
$6.75
Prix actuel
$10.83
Marge de sécurité
-60.4%
Fourchette de juste valeur
$4.39 - $9.12
Écart entre les méthodes de valorisation utilisées, pas un intervalle de confiance calibré statistiquement.
Méthodes d'estimation
Indicateurs de valorisation
Ratio P/E
59.51
ROE
20.7%
Ratio P/B
13.38
P/FCF
38.40
Marge brute
17.8%
ROIC
15.1%
Radar de rentabilité
Création de valeur (avantage concurrentiel)
ROIC
15.1%
WACC
7.3%
ROIC − WACC
+7.8 pp
Le ROIC dépasse le coût du capital — l'entreprise crée de la valeur pour les actionnaires.
Critères d'analyse fondamentale
Réussi (11)
- Price CAGR 12.47%
- ROIC 15.1%
- Debt/Equity ratio
- Operating Margin 7.5%
- Positive Free Cash Flow
- Current Ratio
- Debt/EBITDA
- ROE 22.4%
- Revenue Growth 5Y 11.5%
- Analyst Consensus 68% Buy
- Earnings Quality (OCF/NI) 4.12
Échoué (9)
- Gross Margin 17.8%
- P/FCF 38.40
- P/B Ratio 13.38
- CapEx intensity
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Surprise avg -6.7%
- Net Margin Trend 3.7% vs 6.2%
- Piotroski F-Score 2/9
Indisponible (7)
- EPS data insufficient
- Dividend Payout NaN%
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- PEG Ratio (need PE > 0 and growth > 0)
- Share Dilution (missing shares data)
Score F de Piotroski
Préoccupations financières sérieuses
Qualité des bénéfices
Qualité élevée : bénéfices soutenus par la trésorerie
Dilution du capital
Rachat d'actions. Favorable aux actionnaires
Participations institutionnelles
Aucune déclaration institutionnelle pour cette entreprise.
Gouvernance
Équipe dirigeante
| Nom | Titre | Âge |
|---|---|---|
| Mr. Sy Feng Chong | Group President, CEO & Executive Director | 56 |
| Mr. Chee Keng Foo | Group Chief Financial Officer | 65 |
| Dr. Shiang Long Lee | Group Chief Technology, Engineering & Digital Officer and President & Head of Land Systems | 59 |
| Ms. Lina Poa | Group Chief Comms Officer & Head Investor Relations | - |
| Ms. Meng Wai Low | Group General Counsel & Company Secretary | - |
| Mr. Jit Chek Lim | Group Chief Human Resource Officer | - |
| Mr. Sing Chan Ng | President & Head of Marine | 64 |
| Mr. Wai Meng Lam | Group Deputy Chief Executive Officer | 53 |
| Ms. Lee Chew Tan | Group Chief Commercial Officer of Market Development and President of Smart City & Digital Solutions | 61 |
| Ms. Wei Ling Chan | Group Chief Strategy & Sustainability Officer and President New Ventures | 49 |
Risque d'audit
2
Risque du conseil
1
Risque de rémunération
2
Risque droits des actionnaires
5
Partie 2 · Le prix et le moment d'entrer
Cette partie ne dit pas si l'entreprise vaut la peine : elle aide à choisir quand l'acheter, une fois que les fondamentaux vous ont convaincu. À l'intérieur : analyse technique, potentiel, baisses historiques, exposition gamma.
Latest News
Recent headlines for SGGKY, sourced from Markets Gazette.