Singapore Telecommunications Limited

S$4.09As of Sun 8 Nov 2026, 12:00 UTC

SGX:Z74Communication

Country Singapore

PE (Fwd) •••

TSR 10Y CAGR 5.32%

Div yield 4.52%

ROE 20.55%

Telecom Services

Beta (5Y) 0.27

PE TTM 19.18

TSR TTM 0.14%

Mkt cap S$66.58B

ROIC 3.53%

SE Grade™

Value

Quality

Moat

Consensus

Reference

$4.67

14.27%

(62.61%)

Hold 2|12|3|6|0

TTM

FYE 31 Mar SGD

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

4.636

Revenue$B

6.505

7.000

7.461

7.816

8.325

8.732

9.265

9.913

10.74

11.68

5.139

7.01%

6.57%

24.80

Revenue growth%

10.62

13.22

11.42

8.88

7.35

9.62

7.68

4.78

2.82

0.40

3.73

4.78

8.28

5.06

Gross margin%

17.73

15.37

12.83

14.33

16.18

16.75

17.84

17.15

19.57

17.63

7.31

17.63

16.95

22.47

Operating margin%

22.29

23.78

22.43

25.00

26.87

26.46

24.72

22.26

24.61

24.06

13.36

24.61

24.33

10.65

Net margin%

17.71

15.79

13.12

10.89

11.39

12.96

10.93

8.49

8.63

5.99

24.51

8.63

11.16

24.21

P/E ratio (avg)x

6.921

7.497

7.779

8.158

7.470

6.647

6.343

6.342

6.859

7.067

20.19

6.647

6.994

24.97

EV/EBITx

51.91

50.36

51.72

52.13

61.60

71.03

81.70

91.39

93.54

101.8

8.763

91.39

66.31

17.40

FCF yield (avg)%

28.90

28.27

27.33

25.77

23.66

24.89

26.87

27.86

28.34

30.34

25.90

27.86

27.59

8.02

FCF margin%

0.40

1.18

3.03

1.09

3.35

0.73

0.40

0.94

3.34

2.17

10.56

0.94

1.13

1.374

FCF / Net incomex

1.095

1.218

1.199

1.247

1.162

1.180

1.304

1.489

1.564

1.479

1.372

1.479

1.233

23.62

ROIC%

20.84

19.40

17.87

16.50

15.05

15.88

13.80

11.44

14.27

15.88

22.61

14.27

15.88

6.97

Return on equity%

28.46

25.85

25.09

26.43

26.79

25.15

26.94

29.12

27.23

26.97

16.46

26.97

26.87

25.10

Return on assets%

12.63

13.31

14.67

16.96

14.91

12.05

13.73

13.76

11.47

12.99

23.90

12.99

13.52

0.38

EPS$

0.30

0.34

0.37

0.41

0.44

0.49

0.51

0.53

0.40

3.99%

5.27%

—

3.52

EPS growth%

27.63

29.82

28.36

28.07

29.76

30.78

28.29

26.12

25.74

23.19

4.47

26.12

28.18

0.41

Bookvalue per sh$

0.32

0.34

0.33

0.35

0.36

0.39

0.35

0.37

0.33

0.17

(1.46%)

(0.32%)

—

0.13

FCF per share$

0.28

0.31

0.34

0.35

0.37

0.33

0.34

0.32

0.29

0.31

0.27

(3.13%)

0.19%

—

0.38

Dividend per sh$

0.28

0.30

0.27

0.24

0.27

0.29

0.30

0.11

2.19%

1.39%

—

13.40

Div yield (avg)%

27.57

28.59

31.13

28.99

26.52

25.18

22.64

25.48

27.19

24.68

24.86

25.18

26.86

8.52

Payout ratio%

0.40

1.33

2.23

0.40

0.92

1.06

0.40

1.24

21.05

0.92

0.66

16.56

Shares (diluted)B

10.36

9.890

8.978

9.593

8.932

8.313

7.993

7.301

6.591

6.314

16.74

(6.70%)

(5.73%)

12.90

Buyback yield%

27.40

24.87

26.89

26.85

26.57

25.93

26.26

26.48

29.25

24.58

26.48

26.53

0.563

D/E ratiox

0.762

0.674

0.689

0.660

0.662

0.679

0.629

0.571

0.557

0.587

0.692

0.587

0.661

1.304

Enterprise value$B

5.744

6.386

5.788

5.812

5.246

5.444

5.667

6.076

6.269

5.670

7.434

1.56%

0.24%

5.729

LT debt$B

10.06

10.40

9.593

10.43

10.72

10.69

9.794

8.879

8.565

8.558

0.556

(4.40%)

(2.41%)

Peers (US$51.92B)

Cap (US$)

NetLink NBN Trust

2.856B

45.65x

Saudi Telecom Company

57.04B

14.66x

Swisscom AG

45.74B

28.83x

Orange S.A.

45.08B

11.41x

Capital

TTM

10Y

Leveragex

2.256

(0.814)

(0.810)

EBIT/Intx

2.139

0.682

0.547

Own earn%

(74.31)

(8.08)

(13.15)

Sh yield%

26.30

51.96

53.56

Owners

Insiders/Inst%

10.37

26.40

Short interest%

4.19

SBC / revenue%

4.17

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

22–27

$1 testx

1.6

Incr. ROIC%

Singapore Telecommunications Limited provides telecommunication services in Singapore, Australia and internationally through its Optus, Singtel Singapore, NCS and Digital InfraCo segments. It offers mobile, fixed voice, satellite, pay television, ICT services, sells equipment, provides technology services through its Gov+, Enterprise and Telco+ groups, and runs Nxera data centres, cyber security and GXS bank services.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$11.68B

6.57%

1.00×

Cost of revenue

$6.573B

6.66%

1.01×

Operating expenses

$1.271B

6.38%

0.98×