Singapore Technologies Engineering Ltd
SGX:S63

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Singapore Technologies Engineering Ltd
SGX:S63
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Price: 9.21 SGD 2.68% Market Closed
Market Cap: 28.8B SGD

Relative Value

The Relative Value of one S63 stock under the Base Case scenario is 9.89 SGD. Compared to the current market price of 9.21 SGD, Singapore Technologies Engineering Ltd is Undervalued by 7%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

S63 Relative Value
Base Case
9.89 SGD
Undervaluation 7%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
68
Median 3Y
1.3
Median 5Y
1.4
Industry
5.1
Forward
2.3
vs History
0
vs Industry
39
Median 3Y
21.9
Median 5Y
21.2
Industry
37
Forward
37
vs History
0
vs Industry
46
Median 3Y
12.4
Median 5Y
11.3
Industry
22.9
vs History
19
vs Industry
23
Median 3Y
51.4
Median 5Y
17.8
Industry
36.9
vs History
0
vs Industry
16
Median 3Y
5.3
Median 5Y
4.9
Industry
4.8
vs History
0
vs Industry
64
Median 3Y
1.6
Median 5Y
1.6
Industry
5.3
Forward
2.5
vs History
0
vs Industry
53
Median 3Y
8.1
Median 5Y
8
Industry
15.3
vs History
0
vs Industry
46
Median 3Y
11.5
Median 5Y
11.8
Industry
21.6
Forward
18.3
vs History
0
vs Industry
40
Median 3Y
20.3
Median 5Y
20
Industry
29
Forward
27.4
vs History
7
vs Industry
46
Median 3Y
14.2
Median 5Y
13.1
Industry
23.7
vs History
26
vs Industry
33
Median 3Y
27.2
Median 5Y
24.4
Industry
30.1
vs History
0
vs Industry
56
Median 3Y
1.3
Median 5Y
1.4
Industry
3.2

Multiples Across Competitors

S63 Competitors Multiples
Singapore Technologies Engineering Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Singapore Technologies Engineering Ltd
SGX:S63
28.7B SGD 2.5 37.4 19.4 29.2
US
Raytheon Technologies Corp
NYSE:RTX
259.9B USD 3 39.4 22.5 33.9
US
RTX Corp
LSE:0R2N
251.4B USD 2.9 38.1 21.9 33
NL
Airbus SE
PAR:AIR
171.2B EUR 2.4 33.8 20 30.4
US
Boeing Co
NYSE:BA
179.5B USD 2.2 -17.7 -31 -23.9
FR
Safran SA
PAR:SAF
134.3B EUR 4.6 31.1 22.5 29.4
UK
Rolls-Royce Holdings PLC
LSE:RR
108.8B GBP 5.6 18.8 25.8 32.8
US
Lockheed Martin Corp
NYSE:LMT
125.7B USD 1.7 29.9 18.2 23.2
DE
Rheinmetall AG
XETRA:RHM
88B EUR 8 104.9 45.3 60.1
US
General Dynamics Corp
NYSE:GD
96.2B USD 1.9 22.8 16.5 19.4
US
Northrop Grumman Corp
NYSE:NOC
89.9B USD 2.2 22.4 18.5 25.2
P/E Multiple
Earnings Growth PEG
SG
Singapore Technologies Engineering Ltd
SGX:S63
Average P/E: 37.9
37.4
18%
2.1
US
Raytheon Technologies Corp
NYSE:RTX
39.4
29%
1.4
US
RTX Corp
LSE:0R2N
38.1
28%
1.4
NL
Airbus SE
PAR:AIR
33.8
22%
1.5
US
Boeing Co
NYSE:BA
Negative Multiple: -17.7 N/A N/A
FR
Safran SA
PAR:SAF
31.1
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
18.8
8%
2.4
US
Lockheed Martin Corp
NYSE:LMT
29.9
11%
2.7
DE
Rheinmetall AG
XETRA:RHM
104.9
60%
1.7
US
General Dynamics Corp
NYSE:GD
22.8
12%
1.9
US
Northrop Grumman Corp
NYSE:NOC
22.4
3%
7.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Singapore Technologies Engineering Ltd
SGX:S63
Average EV/EBITDA: 23.1
19.4
11%
1.8
US
Raytheon Technologies Corp
NYSE:RTX
22.5
18%
1.3
US
RTX Corp
LSE:0R2N
21.9
18%
1.2
NL
Airbus SE
PAR:AIR
20
19%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -31 N/A N/A
FR
Safran SA
PAR:SAF
22.5
16%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
25.8
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
18.2
10%
1.8
DE
Rheinmetall AG
XETRA:RHM
45.3
41%
1.1
US
General Dynamics Corp
NYSE:GD
16.5
10%
1.7
US
Northrop Grumman Corp
NYSE:NOC
18.5
6%
3.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
Singapore Technologies Engineering Ltd
SGX:S63
Average EV/EBIT: 31.6
29.2
14%
2.1
US
Raytheon Technologies Corp
NYSE:RTX
33.9
31%
1.1
US
RTX Corp
LSE:0R2N
33
31%
1.1
NL
Airbus SE
PAR:AIR
30.4
26%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -23.9 N/A N/A
FR
Safran SA
PAR:SAF
29.4
20%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
32.8
21%
1.6
US
Lockheed Martin Corp
NYSE:LMT
23.2
12%
1.9
DE
Rheinmetall AG
XETRA:RHM
60.1
45%
1.3
US
General Dynamics Corp
NYSE:GD
19.4
11%
1.8
US
Northrop Grumman Corp
NYSE:NOC
25.2
7%
3.6