(U96) SEMBCORP INDUSTRIES - SG
Sector: Utilities | Industry: Utilities - Diversified | Exchange: SG (Singapore) | Market Cap: 11.055m SGD | Total Return: -5.2% in 12m
Avg Turnover: 27.1M
Warnings
Choppy
Tailwinds
Confidence
Sembcorp Industries Ltd is a Singapore-based investment holding company specializing in energy, water, and urban development solutions across Asia, the Middle East, and the United Kingdom. The company operates through five core segments: Gas and Related Services, Renewables, Integrated Urban Solutions, Decarbonisation Solutions, and Other Businesses and Corporate.
The firms business model is transitioning from traditional fossil fuel power generation toward a sustainable energy portfolio, focusing on solar, wind, and energy storage systems to support grid stability. As an industrial conglomerate, Sembcorp leverages integrated urban solutions to develop large-scale townships and industrial parks while providing essential utility services like wastewater treatment and waste-to-resource recovery.
The Decarbonisation Solutions segment represents the companys expansion into emerging green technologies, including carbon capture, green hydrogen, and the trading of environmental attributes. This diversification aligns with global industrial trends where utility providers are increasingly integrating decarbonization services to meet corporate sustainability mandates.
- Renewable energy capacity expansion accelerates toward 25GW target by 2028
- Gas and Related Services margins benefit from long-term power purchase agreements
- Strategic capital recycling through divestment of fossil fuel assets
- Integrated Urban Solutions land sales drive recurring development income growth
| Net Income: 984.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 2.20 > 1.0 |
| NWC/Revenue: 2.33% < 20% (prev 7.03%; Δ -4.70% < -1%) |
| CFO/TA 0.06 > 3% & CFO 1.17b > Net Income 984.0m |
| Net Debt (-362.0m) to EBITDA (1.34b): -0.27 < 3 |
| Current Ratio: 1.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.78b) vs 12m ago -0.07% < -2% |
| Gross Margin: 22.38% > 18% (prev 23.52%; Δ -1.13% > 0.5%) |
| Asset Turnover: 31.59% > 50% (prev 35.10%; Δ -3.51% > 0%) |
| Interest Coverage Ratio: 2.24 > 6 (EBIT TTM 863.0m / Interest Expense TTM 386.0m) |
| DSRI: 1.10 (Receivables 896.0m/902.0m, Revenue 5.80b/6.42b) |
| GMI: 1.05 (GM 23.52% / 22.38%) |
| AQI: 0.99 (AQ_t 0.36 / AQ_t-1 0.36) |
| SGI: 0.90 (Revenue 5.80b / 6.42b) |
| TATA: -0.01 (NI 984.0m - CFO 1.17b) / TA 18.4b) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of June 20, 2026, the stock is trading at SGD 6.32 with a total of 4,070,600 shares traded.
Over the past week, the price has changed by +4.40%,
over one month by +4.75%,
over three months by +7.49% and
over the past year by -5.24%.
SEMBCORP INDUSTRIES has no consensus analysts rating.
P/E Trailing = 11.2909
P/E Forward = 11.2233
P/S = 1.9064
P/B = 1.9687
P/EG = 2.6826
Revenue TTM = 5.80b SGD
EBIT TTM = 863.0m SGD
EBITDA TTM = 1.34b SGD
Long Term Debt = 7.90b SGD (from longTermDebt, last quarter)
Short Term Debt = 1.06b SGD (from shortLongTermDebt, last quarter)
Debt = 747.0m SGD (Leases only: 747.0m)
Net Debt = -362.0m SGD (calculated: Debt 747.0m - CCE 1.11b)
Enterprise Value = 10.7b SGD (11.1b + Debt 747.0m - CCE 1.11b)
Interest Coverage Ratio = 2.24 (Ebit TTM 863.0m / Interest Expense TTM 386.0m)
EV/FCF = 51.41x (Enterprise Value 10.7b / FCF TTM 208.0m)
FCF Yield = 1.95% (FCF TTM 208.0m / Enterprise Value 10.7b)
FCF Margin = 3.59% (FCF TTM 208.0m / Revenue TTM 5.80b)
Net Margin = 16.97% (Net Income TTM 984.0m / Revenue TTM 5.80b)
Gross Margin = 22.38% ((Revenue TTM 5.80b - Cost of Revenue TTM 4.50b) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.58 (Enterprise Value 10.7b / Total Assets 18.4b)
Interest Expense / Debt = 51.67% (Interest Expense 386.0m / Debt 747.0m)
Taxrate = 13.27% (156.0m / 1.18b)
NOPAT = 748.5m (EBIT 863.0m * (1 - 13.27%))
Current Ratio = 1.05 (Total Current Assets 3.09b / Total Current Liabilities 2.95b)
Debt / Equity = 0.13 (Debt 747.0m / totalStockholderEquity, last quarter 5.54b)
Debt / EBITDA = -0.27 (Net Debt -362.0m / EBITDA 1.34b)
Debt / FCF = -1.74 (Net Debt -362.0m / FCF TTM 208.0m)
Total Stockholder Equity = 5.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.36% (Net Income 984.0m / Total Assets 18.4b)
RoE = 18.54% (Net Income TTM 984.0m / Total Stockholder Equity 5.31b)
RoCE = 6.53% (EBIT 863.0m / Capital Employed (Equity 5.31b + L.T.Debt 7.90b))
RoIC = 4.93% (NOPAT 748.5m / Invested Capital 15.2b)
WACC = 6.21% (E(11.1b)/V(11.8b) * Re(6.63%) + (debt cost/tax rate unavailable))
Discount Rate = 6.63% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -11.11 | Cagr: 10.05%
[DCF] Terminal Value 75.44% ; FCFF base≈208.0m ; Y1≈208.9m ; Y5≈221.2m
[DCF] Fair Price = 2.14 (EV 3.44b - Net Debt -362.0m = Equity 3.80b / Shares 1.78b; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: -99.97 | Revenue CAGR: -9.25% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.09 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=0.55 | Chg30d=+3.10% | Revisions=+20% | GrowthEPS=+15.5% | GrowthRev=+23.3%
EPS next Year (2027-12-31): EPS=0.63 | Chg30d=+1.08% | Revisions=+20% | GrowthEPS=+13.4% | GrowthRev=+24.9%
[Analyst] Revisions Ratio: +20%