SINGAPORE SHIPPING CORPORATION LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.245 SGD | -2.00% |
|
+2.08% | +4.26% |
| 06-07 | Singapore Shipping Director Acquires Additional Shares | MT |
| 05-24 | Singaporean Shares Fall Tracking Wall Street Losses; Top Glove Down 7% | MT |
Valuation
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 94.98 | 91.06 | 63.32 | 78.59 | 81.14 | 80.2 |
| Enterprise Value (EV) 1 | 148.1 | 124.7 | 89.09 | 86.18 | 70.76 | 52.79 |
| P/E ratio | 9.1 x | 8.91 x | 7.2 x | 7.66 x | 8.34 x | 6.87 x |
| Yield | 3.51% | 3.45% | 4.44% | 1.89% | 3.57% | 3.78% |
| Capitalization / Revenue | 2.05 x | 1.88 x | 1.36 x | 1.86 x | 1.77 x | 1.69 x |
| EV / Revenue | 3.2 x | 2.57 x | 1.91 x | 2.04 x | 1.54 x | 1.11 x |
| EV / EBITDA | 7.44 x | 6.69 x | 5.09 x | 4.99 x | 4.08 x | 3.11 x |
| EV / FCF | 11 x | 9.12 x | 5.58 x | 6.73 x | 5.21 x | 4.41 x |
| FCF Yield | 9.06% | 11% | 17.9% | 14.9% | 19.2% | 22.7% |
| Price to Book | 1.07 x | 0.99 x | 0.73 x | 0.81 x | 0.77 x | 0.68 x |
| Nbr of stocks (in thousands) | 437,020 | 425,632 | 399,990 | 398,891 | 392,499 | 402,687 |
| Reference price 2 | 0.2173 | 0.2139 | 0.1583 | 0.1970 | 0.2067 | 0.1992 |
| Announcement Date | 11/07/18 | 10/07/19 | 12/07/20 | 12/07/21 | 11/07/22 | 11/07/23 |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 46.23 | 48.47 | 46.67 | 42.17 | 45.81 | 47.37 |
| EBITDA 1 | 19.9 | 18.64 | 17.5 | 17.26 | 17.33 | 16.95 |
| EBIT 1 | 13.39 | 12.17 | 10.98 | 10.75 | 10.89 | 10.48 |
| Operating Margin | 28.96% | 25.1% | 23.53% | 25.49% | 23.77% | 22.12% |
| Earnings before Tax (EBT) 1 | 10.44 | 10.6 | 9.181 | 10.27 | 9.836 | 11.52 |
| Net income 1 | 10.44 | 10.58 | 9.19 | 10.27 | 9.834 | 11.51 |
| Net margin | 22.57% | 21.83% | 19.69% | 24.36% | 21.47% | 24.31% |
| EPS 2 | 0.0239 | 0.0240 | 0.0220 | 0.0257 | 0.0248 | 0.0290 |
| Free Cash Flow 1 | 13.42 | 13.68 | 15.95 | 12.81 | 13.58 | 11.98 |
| FCF margin | 29.02% | 28.22% | 34.18% | 30.38% | 29.64% | 25.29% |
| FCF Conversion (EBITDA) | 67.42% | 73.4% | 91.14% | 74.21% | 78.34% | 70.67% |
| FCF Conversion (Net income) | 128.57% | 129.25% | 173.58% | 124.71% | 138.06% | 104.03% |
| Dividend per Share 2 | 0.007632 | 0.007382 | 0.007033 | 0.003718 | 0.007386 | 0.007520 |
| Announcement Date | 11/07/18 | 10/07/19 | 12/07/20 | 12/07/21 | 11/07/22 | 11/07/23 |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 53.1 | 33.6 | 25.8 | 7.59 | - | - |
| Net Cash position 1 | - | - | - | - | 10.4 | 27.4 |
| Leverage (Debt/EBITDA) | 2.668 x | 1.804 x | 1.472 x | 0.4395 x | - | - |
| Free Cash Flow 1 | 13.4 | 13.7 | 16 | 12.8 | 13.6 | 12 |
| ROE (net income / shareholders' equity) | 12.4% | 11.7% | 10.3% | 11.2% | 9.71% | 10.3% |
| ROA (Net income/ Total Assets) | 4.77% | 4.29% | 3.91% | 3.84% | 3.84% | 3.58% |
| Assets 1 | 218.9 | 246.8 | 235.3 | 267.6 | 256 | 321.9 |
| Book Value Per Share 2 | 0.2000 | 0.2200 | 0.2200 | 0.2400 | 0.2700 | 0.2900 |
| Cash Flow per Share 2 | 0.0300 | 0.0600 | 0.0800 | 0.1000 | 0.1100 | 0.1500 |
| Capex 1 | 0.03 | 0.12 | 0.59 | 0.32 | 0.09 | 0.27 |
| Capex / Sales | 0.07% | 0.26% | 1.26% | 0.76% | 0.19% | 0.57% |
| Announcement Date | 11/07/18 | 10/07/19 | 12/07/20 | 12/07/21 | 11/07/22 | 11/07/23 |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +4.26% | 72.4M | |
| +38.28% | 25.06B | |
| +19.37% | 15.47B | |
| +31.35% | 8.15B | |
| +65.10% | 7.17B | |
| +227.21% | 6.99B | |
| +21.71% | 6.79B | |
| +20.65% | 5.8B | |
| +68.91% | 4.49B | |
| -41.53% | 3.47B |
- Stock Market
- Equities
- S19 Stock
- Financials Singapore Shipping Corporation Limited
