Sembcorp Industries Ltd
SGX:U96

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Sembcorp Industries Ltd
SGX:U96
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Price: 5.98 SGD
Market Cap: 10.7B SGD

Relative Value

The Relative Value of one U96 stock under the Base Case scenario is 9.61 SGD. Compared to the current market price of 5.98 SGD, Sembcorp Industries Ltd is Undervalued by 38%.

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.

U96 Relative Value
Base Case
9.61 SGD
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
15
vs Industry
45
Median 3Y
1.4
Median 5Y
1.3
Industry
1.7
Forward
1.7
vs History
36
vs Industry
50
Median 3Y
10.2
Median 5Y
9.8
Industry
15.2
Forward
10.4
vs History
33
vs Industry
34
Median 3Y
6.8
Median 5Y
5.8
Industry
7.5
vs History
vs Industry
17
Median 3Y
8
Median 5Y
6.5
Industry
14.4
vs History
33
vs Industry
26
Median 3Y
2
Median 5Y
1.8
Industry
1.4
vs History
15
vs Industry
44
Median 3Y
2.4
Median 5Y
2.1
Industry
2.9
Forward
3
vs History
28
vs Industry
25
Median 3Y
11
Median 5Y
11.3
Industry
7.9
vs History
26
vs Industry
33
Median 3Y
10.8
Median 5Y
10.5
Industry
10.8
Forward
11
vs History
41
vs Industry
34
Median 3Y
15.9
Median 5Y
16.6
Industry
15.3
Forward
15.5
vs History
46
vs Industry
32
Median 3Y
11.8
Median 5Y
11.7
Industry
11.5
vs History
11
vs Industry
21
Median 3Y
22.8
Median 5Y
20.5
Industry
17.2
vs History
20
vs Industry
24
Median 3Y
1.2
Median 5Y
1.1
Industry
0.9

Multiples Across Competitors

U96 Competitors Multiples
Sembcorp Industries 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
Sembcorp Industries Ltd
SGX:U96
10.7B SGD 1.7 10.6 12 17
UK
National Grid PLC
LSE:NG
58.5B GBP 3.3 20.4 12.6 18.7
FR
Engie SA
PAR:ENGI
58B EUR 0.8 11.8 5.7 8.8
US
Sempra Energy
NYSE:SRE
60B USD 4.4 28.4 16.2 29.7
DE
E.ON SE
XETRA:EOAN
44.9B EUR 0.6 15 7.9 13.9
US
Dominion Energy Inc
NYSE:D
51.4B USD 3.3 22.5 13.2 20.7
US
Sempra
VSE:SREN
43.4B EUR 3.7 23.9 14.5 26.6
DE
RWE AG
XETRA:RWE
36.7B EUR 1.7 16.2 7.8 19.3
US
Public Service Enterprise Group Inc
NYSE:PEG
39.7B USD 3.4 19.1 14.2 21.2
US
Consolidated Edison Inc
NYSE:ED
37B USD 2.2 18.2 12.1 21.5
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Sembcorp Industries Ltd
SGX:U96
Average EV/EBITDA: 11.5
12
9%
1.3
UK
National Grid PLC
LSE:NG
12.6
12%
1
FR
Engie SA
PAR:ENGI
5.7
0%
N/A
US
Sempra Energy
NYSE:SRE
16.2
6%
2.7
DE
E.ON SE
XETRA:EOAN
7.9
-8%
N/A
US
Dominion Energy Inc
NYSE:D
13.2
13%
1
US
S
Sempra
VSE:SREN
14.5
6%
2.4
DE
RWE AG
XETRA:RWE
7.8
-7%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
14.2
14%
1
US
Consolidated Edison Inc
NYSE:ED
12.1
13%
0.9
DE
E ON SE
MIL:EOAN
9.9
-23%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
Sembcorp Industries Ltd
SGX:U96
Average EV/EBIT: 21.2
17
8%
2.1
UK
National Grid PLC
LSE:NG
18.7
14%
1.3
FR
Engie SA
PAR:ENGI
8.8
2%
4.4
US
Sempra Energy
NYSE:SRE
29.7
8%
3.7
DE
E.ON SE
XETRA:EOAN
13.9
-11%
N/A
US
Dominion Energy Inc
NYSE:D
20.7
17%
1.2
US
S
Sempra
VSE:SREN
26.6
8%
3.3
DE
RWE AG
XETRA:RWE
19.3
-9%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
21.2
18%
1.2
US
Consolidated Edison Inc
NYSE:ED
21.5
14%
1.5
DE
E ON SE
MIL:EOAN
35.4
-30%
N/A