Company Valuation: Singapore Telecommunications Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 43,581 40,600 41,753 56,600 81,324 71,911 - -
Change - -6.84% 2.84% 35.56% 43.68% -11.57% - -
Enterprise Value (EV) 1 53,319 49,825 49,048 65,498 89,533 79,804 80,371 81,562
Change - -6.55% -1.56% 33.54% 36.69% -10.87% 0.71% 1.48%
P/E 22.4x 18.4x 53.3x 14.3x 14.7x 23.7x 20.9x 18.8x
PBR 1.55x 1.56x 1.68x 2.19x 3.15x 2.53x 2.5x 2.45x
PEG - 1.3x -0.8x 0x 0.4x -0.5x 1.6x 1.7x
Capitalization / Revenue 2.84x 2.78x 2.96x 4x 5.7x 4.81x 4.65x 4.45x
EV / Revenue 3.48x 3.41x 3.47x 4.63x 6.28x 5.34x 5.2x 5.05x
EV / EBITDA 14.2x 13.5x 13.6x 17.3x 23.3x 19.5x 18.5x 18x
EV / EBIT 51x 44.8x 42.5x 47.4x 59.5x 49.4x 45.1x 42.8x
EV / FCF 17.3x 19.1x 19.1x 26.5x 36.7x 22.9x 22.2x 17.9x
FCF Yield 5.78% 5.24% 5.24% 3.78% 2.72% 4.36% 4.5% 5.6%
Dividend per Share 2 0.093 0.144 0.15 0.17 0.185 0.1987 0.2126 0.2213
Rate of return 3.52% 5.85% 5.93% 4.96% 3.74% 4.52% 4.83% 5.03%
EPS 2 0.1176 0.134 0.0475 0.2392 0.3362 0.1858 0.2107 0.2345
Distribution rate 79.1% 107% 316% 71.1% 55% 107% 101% 94.4%
Net sales 1 15,339 14,624 14,128 14,146 14,261 14,938 15,464 16,146
EBITDA 1 3,767 3,686 3,597 3,792 3,848 4,091 4,348 4,537
EBIT 1 1,045 1,112 1,153 1,381 1,504 1,617 1,782 1,904
Net income 1 1,948 2,225 795 4,017 5,606 3,067 3,441 3,800
Net Debt 1 9,738 9,225 7,294 8,898 8,208 7,893 8,460 9,651
Reference price 2 2.640 2.460 2.530 3.430 4.940 4.400 4.400 4.400
Nbr of stocks (in thousands) 1,65,07,889 1,65,03,958 1,65,03,347 1,65,01,331 1,64,62,400 1,63,43,411 - -
Announcement Date 26/05/22 24/05/23 22/05/24 21/05/25 20/05/26 - - -
1SGD in Million2SGD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.63x5.33x19.47x4.53% 5.55TCr
11.21x1.29x4.01x7.15% 22TCr
8.78x2.32x6.23x6.68% 18TCr
12.63x2.07x5.44x4.46% 14TCr
12.81x2.02x5.08x2.43% 7.76TCr
11.86x1.74x7.45x3.62% 7.48TCr
11.91x0.76x2.83x6.77% 7.16TCr
15.52x2.7x8.46x5.07% 5.78TCr
15.34x1.8x5.61x4.96% 4.82TCr
14.34x2.62x6.01x4.74% 4.66TCr
Average 13.80x 2.27x 7.06x 5.04% 9.68TCr
Weighted average by Cap. 12.53x 2.05x 6.22x 5.5%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. Z74 Stock
  4. Valuation Singapore Telecommunications Limited