Profit Before Tax seems to be declining/down quite a lot from 729.7m in 2013 to 623.3m in 2017. It has continued to decreased as reflected on the table below to a low of 590.6m in 2016 before slightly increased in FY2017 to 623.3m.
Next, we take a look at the Net Profit figure , it is also dropping from 580.8m in 2013 to a low of 484.5m in 2016 , before slightly recover to 511.9m in 2017.
NAV of 67.2 cents. Price per book is 5 times. EPS of 16.43 cents, PE of 22 times seems fully value at current price level.
Looking through the Historical chart patterns, it is training near Historical Peak price. I think investor may want to take note of this.
The dividend ex date will be in 24th April 2018. Investor may want to decide whether to sell into strength or hold to collect dividend.
Yearly dividend of 15 cents, yield is about 4.55% for current price of $3.62.
It operates through four segments: Aerospace, Electronics, Land Systems, and Marine.
Looking through the table below: We are able to know that Electronics is the main contributor which bring in a total revenue of 2.11B , an increase of 11.8% from 2016 versu 2017. .
Next in line is Aerospace which bring in a total revenue of 2.54B an increase of 2% from year 2016 versus 2017. The Land systems & Marine sector has gone through some challenges and is down from 10.5% & 24.2% respectively.
Return of Assets has generally been growing at a low single digit of 5% to 4.12% in 2017.
Return of Equity has also been dropping from 27.7% in 2013 to 21.57% in 2017.
Net income margin has also been declining marginally from 8.7% to 7.7% in 2017.
From TA point of view, after hitting the high of $3.70 on 12th April, it has since retrace and closed lowered at $3.62 with a wide bearish bar , short term wise , seems rather weak and may likely continue to trend lower.
Not a call to buy or sell.
Please do your own due diligence.
Trade / Invest base on your own decision.
Singapore Technologies Engineering Ltd provides integrated defense and engineering services worldwide. It operates through four segments: Aerospace, Electronics, Land Systems, and Marine. The Aerospace segment provides maintenance, repair, and overhaul services (MRO) in airframe, component, and engine; aviation materials and asset management services, as well as aircraft interior solutions; training services for pilot and technical vocations, as well as air charter services; and engineering and design solutions, including passenger-to-freighter conversions and aircraft seats, as well as aviation support services. The Electronics segment provides electronic and infocomm technology, intelligent transportation and telematic, satellite communications and remote sensing satellite, sensors and electro-optic, and defense and homeland security solutions, as well as modelling, simulation, and edutainment solutions for e-government, rail and intelligent transportation, satellite communications, cyber security, and others. The Land Systems segment provides integrated land systems, specialty vehicles, and related life support services for defense, homeland security, and commercial applications. This segment also offers mobility solutions, weapons and ammunitions, munitions, soldier systems, logistics, and training and MRO services. The Marine segment offers shipbuilding, repair, and conversion services for naval and commercial vessels. This segment provides turnkey solutions, including concept definition, basic design, detailed and production engineering, construction, system installation and integration, testing, commissioning, and through-life support; ship repair and ship conversion services; and sustainable environmental engineering solutions. The company was incorporated in 1997 and is headquartered in Singapore.
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