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SATS Ltd
SGX:S58

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SATS Ltd
SGX:S58
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Price: 3.42 SGD -1.16% Market Closed
Market Cap: S$5.1B

P/B

1.9
Current
4%
More Expensive
vs 3-y average of 1.8

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.

P/B
1.9
=
Market Cap
S$5.9B
/
Total Equity
S$2.7B

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.

P/B
1.9
=
Market Cap
S$5.9B
/
Total Equity
S$2.7B

Valuation Scenarios

SATS Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.8), the stock would be worth S$3.28 (4% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-35%
Maximum Upside
+13%
Average Downside
4%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.9 S$3.42
0%
3-Year Average 1.8 S$3.28
-4%
5-Year Average 2.1 S$3.8
+11%
Industry Average 2.1 S$3.85
+13%
Country Average 1.2 S$2.21
-35%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 70% of companies in Singapore
Percentile
70th
Based on 580 companies
70th percentile
1.9
Low
0 — 0.8
Typical Range
0.8 — 1.9
High
1.9 —
Distribution Statistics
Singapore
Min 0
30th Percentile 0.8
Median 1.2
70th Percentile 1.9
Max 474.4

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.

S58 Intrinsic Value
5.78 SGD
Undervaluation 41%
Intrinsic Value
Price S$3.42
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