SATS Ltd
SGX:S58
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (1.8), the stock would be worth S$3.28 (4% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.9 | S$3.42 |
0%
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| 3-Year Average | 1.8 | S$3.28 |
-4%
|
| 5-Year Average | 2.1 | S$3.8 |
+11%
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| Industry Average | 2.1 | S$3.85 |
+13%
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| Country Average | 1.2 | S$2.21 |
-35%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| SG |
|
SATS Ltd
SGX:S58
|
5.1B SGD | 1.9 | 19.7 | |
| ES |
|
Aena SME SA
MAD:AENA
|
36.3B EUR | 4 | 17 | |
| TH |
|
Airports of Thailand PCL
SET:AOT
|
778.6B THB | 5.7 | 44.7 | |
| FR |
|
Aeroports de Paris SA
PAR:ADP
|
10.9B EUR | 2.5 | 28.4 | |
| MX |
|
Grupo Aeroportuario del Pacifico SAB de CV
BMV:GAPB
|
196.3B MXN | 9.3 | 20.5 | |
| IN |
|
GMR Airports Ltd
NSE:GMRAIRPORT
|
1T INR | -36.6 | -274.8 | |
| CN |
|
Shanghai International Airport Co Ltd
SSE:600009
|
67.7B CNY | 1.6 | 28.6 | |
| MX |
|
Grupo Aeroportuario del Sureste SAB de CV
BMV:ASURB
|
164.1B MXN | 4.6 | 16 | |
| CH |
|
Flughafen Zuerich AG
SIX:FHZN
|
7.1B CHF | 2.2 | 20.2 | |
| NZ |
|
Auckland International Airport Ltd
NZX:AIA
|
13.9B NZD | 1.3 | 33.9 | |
| IN |
|
GMR Infrastructure Ltd
NSE:GMRINFRA
|
759.3B INR | -27.8 | -208.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.8 |
| Median | 1.2 |
| 70th Percentile | 1.9 |
| Max | 474.4 |
Other Multiples
SATS Ltd
Glance View
SATS Ltd., headquartered in Singapore, is a leading provider of gateway services and food solutions, with a core focus on aviation. Established in 1972, SATS has evolved to become a crucial cog in the aviation ecosystem, operating across Asia Pacific and the Middle East. It all began with handling airline catering and ground services, but the company quickly expanded its operations to become the region's largest provider of such services. The company’s operations are designed around a seamless integration of ground handling services, from managing luggage and cargo to overseeing passenger amenities, ensuring efficient and smooth airport operations. Not resting on its laurels, SATS has diversified its revenue streams by venturing into non-aviation sectors such as hospitality, healthcare, and logistics. This strategic expansion is driven by its robust food solutions business, which provides catering and food distribution services not only to airlines but also to institutions and retail chains. By leveraging decades of experience and efficient logistics networks, SATS has positioned itself as a key player in delivering both operational excellence and culinary creativity across its varied service lines. Through this multifaceted approach, SATS captures a diverse customer base and ensures a stable financial performance even amidst fluctuating aviation demands.