ランキングに戻る

Singapore Technologies Engineering Ltd (SGGKY)

NEUTRAL
IndustrialsAerospace & DefenseSingapore

ファンダメンタル

52

株価

$10.71

時価総額

$33.19B

パート1 · 企業の価値

概要

ST Engineering is a Singapore-based technology and engineering group that serves three quite different customer types: airlines needing aircraft maintenance and cabin conversions, governments needing defence equipment and public-safety systems, and cities and transit operators needing rail, smart-city and satellite-communication infrastructure. It grew out of Singapore's state-linked defence industry and remains majority owned by Temasek, the country's sovereign investment company.

収益の仕組み

Revenue comes from a mix of long-cycle government defence contracts, often spanning years and tied to national budgets, and shorter-cycle commercial work such as aircraft maintenance billed per job or under multi-year service agreements with airlines. The commercial aerospace side tracks global flight activity and airline fleet growth, while the defence and public-security side depends on government procurement timing rather than economic conditions.

セグメント別売上高

Defence & Public Security43.2%

Land, naval and defence systems, cybersecurity and public-safety technology sold mainly to Singapore and allied governments.

Commercial Aerospace40.4%

Maintenance, repair and overhaul of commercial aircraft and engines, plus cabin and freighter conversions for airlines and lessors.

Urban Solutions & Satcom16.4%

Rail engineering, smart-city infrastructure and satellite communications equipment sold to transit operators and cities.

需要を左右する要因

景気循環型

The commercial aerospace segment moves with global flight activity and airline capital spending, which contract sharply in aviation downturns, while the defence segment is steadier but still exposed to the timing of government budget and procurement cycles rather than to consumer demand. Public disclosures list a slowdown in global flight activity and renewed supply-chain disruption among the specific risks to results.

主なリスク

  • Global supply chain disruption — The company names disruption to global supply chains among the factors that may negatively impact its business activities, alongside general industry and economic conditions.
  • Interest rate and capital cost exposure — Interest rate trends and the cost and availability of capital are listed as factors that can affect the company's results, relevant given its use of debt to fund long-cycle contracts and acquisitions.
  • Government policy and procurement timing — Governmental and public policy changes are named as a risk factor, and defence revenue depends on the timing of contract awards and deliveries set by government customers rather than by the company itself.
  • Inflation and cost competition — Inflationary pressure and competition from other companies are listed as factors that can negatively affect business activities, relevant on fixed-price and multi-year contracts where costs are committed in advance.

Written by the editors, published on 2026年8月18日

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

貸借対照表と流動性

売上高

$12.13B

純利益

$455M

フリーキャッシュフロー

-

自己資本合計

$2.58B

負債合計

-

流動比率

0.95

利払い倍率

-

負債/EBITDA

2.86

一株当たり利益(EPS)

売上高と純利益

フリーキャッシュフロー

収益内訳

財務推移表

利益率の推移

負債の推移

負債の重さ

成長率グリッド

成長率 — 売上高

適正価値の推定

割高

適正価値

$6.75

現在株価

$10.71

安全マージン

-58.7%

適正価値レンジ

$4.39 - $9.11

推定方法

Analyst Target:$11.57
DCF:$4.88
PE-based:$5.39
Graham Growth:$1.35
EPV:$2.54
アナリスト・コンセンサス:買い (12B / 6H / 1S)
直近の決算サプライズ:-6.71%

バリュエーション指標

P/E レシオ

60.94

ROE

17.5%

P/B レシオ

13.56

P/FCF

38.93

粗利益率

19.3%

ROIC

15.1%

収益性レーダー

Value Creation (Economic Moat)

ROIC

15.1%

WACC

7.2%

ROIC − WACC

+7.9 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

ファンダメンタル分析基準

合格(7)

  • Price CAGR 12.46%
  • ROIC 15.1%
  • Current Ratio
  • Debt/EBITDA
  • ROE 17.5%
  • Revenue Growth 5Y 11.5%
  • Analyst Consensus 63% Buy

不合格(6)

  • Gross Margin 19.3%
  • P/FCF 38.93
  • P/B Ratio 13.56
  • DCF valuation (Overvalued)
  • Earnings Surprise avg -6.7%
  • Piotroski F-Score 0/9

データなし(14)

  • EPS data insufficient
  • Dividend Payout NaN%
  • Debt/Equity ratio
  • Operating Margin NaN%
  • Positive Free Cash Flow
  • CapEx intensity
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)
  • Earnings Quality (OCF/Net Income)
  • Share Dilution (need 2+ years)
  • Net Margin Trend (invalid data)

Piotroski F-スコア

0/9

重大な財務上の懸念

score
criteria

利益の質

-

低品質:会計処理を調査してください

株式希薄化

-

株式を買い戻している。株主に友好的

ガバナンス

経営陣

氏名役職年齢
Mr. Sy Feng ChongGroup President, CEO & Executive Director56
Mr. Chee Keng FooGroup Chief Financial Officer65
Dr. Shiang Long LeeGroup Chief Technology, Engineering & Digital Officer and President & Head of Land Systems59
Ms. Lina PoaGroup Chief Comms Officer & Head Investor Relations-
Ms. Meng Wai LowGroup General Counsel & Company Secretary-
Mr. Jit Chek LimGroup Chief Human Resource Officer-
Mr. Sing Chan NgPresident & Head of Marine64
Mr. Wai Meng LamGroup Deputy Chief Executive Officer53
Ms. Lee Chew TanGroup Chief Commercial Officer of Market Development and President of Smart City & Digital Solutions61
Ms. Wei Ling ChanGroup Chief Strategy & Sustainability Officer and President New Ventures49

監査リスク

2

取締役会リスク

1

報酬リスク

2

株主権利リスク

5

パート2 · 株価と買い時

この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容:テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。

Latest News

Recent headlines for SGGKY, sourced from Markets Gazette.

No recent news for SGGKY.