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Singapore Technologies Engineering Ltd (SGGKY)

Superavaliada
IndustrialsAerospace & DefenseSingapore

Fundamental

55

Preço

$10.83

Capitalização de Mercado

$33.75B

Parte 1 · Quanto vale a empresa

Visão Geral

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.

Como gera receita

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.

Receita por segmento

Defence & Public Security43.2%

Land, naval and defence systems, cybersecurity and public-safety technology sold mainly to Singapore and allied governments.

Commercial Aerospace40.4%

Maintenance, repair and overhaul of commercial aircraft and engines, plus cabin and freighter conversions for airlines and lessors.

Urban Solutions & Satcom16.4%

Rail engineering, smart-city infrastructure and satellite communications equipment sold to transit operators and cities.

O que impulsiona a procura

Cíclico

The 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.

Principais riscos

  • 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 de agosto de 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.

Balanço & Liquidez

Receita

$12.92B

Últimos 12 meses até o último trimestre divulgado — estimativa a partir de métricas por ação

Resultado Líquido

$568M

Últimos 12 meses até o último trimestre divulgado — estimativa a partir de métricas por ação

Fluxo de Caixa Livre

$879M

Capital Próprio Total

$2.52B

Passivo Total

$4.73B

Rácio de Liquidez

0.95

Cobertura de Juros

-

Dívida/EBITDA

2.86

Resultados Por Ação

Receita & Resultado Líquido

Fluxo de Caixa Livre

Decomposição dos Resultados

Demonstração histórica

Margens ao longo do tempo

A dívida ao longo do tempo

Quanto pesa a dívida

Grelha do crescimento

Crescimento — Receitas

Estimativa de Valor Justo

Caso geralSobrevalorizada

Valor Justo

$6.75

Preço Atual

$10.83

Margem de Segurança

-60.4%

Intervalo de Valor Justo

$4.39 - $9.12

Dispersão entre os métodos de avaliação utilizados, não um intervalo de confiança calibrado estatisticamente.

Métodos de Estimativa

Preço-alvo dos analistas:$11.73
Fluxo de caixa descontado (DCF):$4.80
Multiplicador de lucros (P/E):$5.13
Fórmula de crescimento de Graham:$1.35
Valor da capacidade de gerar lucro (EPV):$2.96
P/B justificado:$2.22
Desconto de dividendos (Gordon):Dados insuficientes para o calcular
P/FFO, fundos de operações:Dados insuficientes para o calcular
Lucros de meio de ciclo:Dados insuficientes para o calcular
Multiplicador sobre as receitas:$11.78
Consenso dos Analistas:Comprar (13B / 5H / 1S)
Última Surpresa de Resultados:-6.71%

Métricas de Avaliação

Rácio P/E

59.51

ROE

20.7%

Rácio P/B

13.38

P/FCF

38.40

Margem Bruta

17.8%

ROIC

15.1%

Radar de Rentabilidade

Criação de Valor (Vantagem Competitiva)

ROIC

15.1%

WACC

7.3%

ROIC − WACC

+7.8 pp

O ROIC supera o custo do capital — a empresa está a criar valor para os acionistas.

Critérios de Análise Fundamental

Aprovado (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

Reprovado (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

Indisponível (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)

Piotroski F-Score

2/9

Preocupações financeiras graves

score
criteria

Qualidade dos Resultados

4.12

Alta qualidade: resultados respaldados por caixa

Diluição de Ações

-

A recomprar ações. Favorável ao acionista

Participações institucionais

Não há declarações institucionais para esta empresa.

Governação

Equipa Executiva

NomeCargoIdade
Mr. Sy Feng ChongGroup President, CEO & Executive Director56
Mr. Chee Keng FooGroup Chief Financial Officer65
Dr. Shiang Long LeeGroup Chief Technology, Engineering & Digital Officer and President & Head of Land Systems59
Ms. Lina PoaGroup Chief Comms Officer & Head Investor Relations-
Ms. Meng Wai LowGroup General Counsel & Company Secretary-
Mr. Jit Chek LimGroup Chief Human Resource Officer-
Mr. Sing Chan NgPresident & Head of Marine64
Mr. Wai Meng LamGroup Deputy Chief Executive Officer53
Ms. Lee Chew TanGroup Chief Commercial Officer of Market Development and President of Smart City & Digital Solutions61
Ms. Wei Ling ChanGroup Chief Strategy & Sustainability Officer and President New Ventures49

Risco de Auditoria

2

Risco do Conselho

1

Risco de Remuneração

2

Risco dos Direitos dos Acionistas

5

Parte 2 · O preço e o momento de entrar

Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.

Latest News

Recent headlines for SGGKY, sourced from Markets Gazette.

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