Z74 Stock Analysis: Singapore Telecommunications | SG
Telecom Services | SG, Singapore | Market Cap: 69.258m SGD | 12M Return: 5.3% | SG1T75931496 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 86.0M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Singapore Telecommunications Limited (Z74) is a large-cap integrated telecommunications provider headquartered in Singapore and operating primarily through its Optus (Australia), Singtel Singapore, NCS, and Digital InfraCo segments. Its core business spans mobile, fixed voice and data, pay TV, satellite, ICT, and managed services, alongside enterprise technology offerings organized under Gov+, Enterprise, and Telco+ groups. Singtel also operates digital infrastructure businesses such as Nxera, which provides regional data center services, and offers platforms including Paragon for 5G multi-access edge compute and RE:AI for AI cloud services.
Beyond traditional telecom services, the company is expanding into digital financial and consumer services such as GXS Bank, dash, Singtel PayLater, and the my Singtel app, as well as enterprise-focused offerings covering cyber security, IoT, quantum-safe networking, and software-defined connectivity. The integrated telecom sector typically generates revenue from a mix of subscription-based connectivity, capital-intensive infrastructure such as data centers and subsea cables, and higher-margin digital and enterprise IT services. The company was incorporated in 1992 and serves customers across Singapore, Australia, and other international markets.
- Optus ARPU pressured by Telstra pricing competition
- NCS IT services revenue grows on government enterprise contracts
- Nxera data center capacity expansion drives Digital InfraCo segment growth
| Net Income: 5.61b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 3.82 > 1.0 |
| NWC/Revenue: 2.41% < 20% (prev -1.33%; Δ 3.73% < -1%) |
| CFO/TA 0.10 > 3% & CFO 4.92b > Net Income 5.61b |
| Net Debt (-323.5m) to EBITDA (3.38b): -0.10 < 3 |
| Current Ratio: 1.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (16.5b) vs 12m ago -0.25% < -2% |
| Gross Margin: 69.32% > 18% (prev 69.60%; Δ -0.28% > 0.5%) |
| Asset Turnover: 29.26% > 50% (prev 30.24%; Δ -0.98% > 0%) |
| Interest Coverage Ratio: 2.41 > 6 (EBIT TTM 1.04b / Interest Expense TTM 431.2m) |
| A: 0.01 (Total Current Assets 8.92b - Total Current Liabilities 8.58b) / Total Assets 50.7b |
| B: 0.54 (Retained Earnings 27.5b / Total Assets 50.7b) |
| C: 0.02 (EBIT TTM 1.04b / Avg Total Assets 48.7b) |
| D: 1.30 (Book Value of Equity 28.6b / Total Liabilities 22.0b) |
| Altman-Z'' = 3.32 = A |
| DSRI: 0.30 (Receivables 1.55b/5.06b, Revenue 14.3b/14.1b) |
| GMI: 1.00 (GM 69.60% / 69.32%) |
| AQI: 1.00 (AQ_t 0.55 / AQ_t-1 0.55) |
| SGI: 1.01 (Revenue 14.3b / 14.1b) |
| TATA: 0.01 (NI 5.61b - CFO 4.92b) / TA 50.7b) |
| Beneish M = -3.59 (Cap -4..+1) = AAA |
As of October 09, 2026, the stock is trading at SGD 4.24 with a total of 19,583,100 shares traded. Over the past week, the price has changed by -0.70%, over one month by -6.61%, over three months by -0.74% and over the past year by +5.30%.
Current recommended Stop Loss: 4.10 (which is 3.3% or 2 ATR below the current price).
Singapore Telecommunications has no consensus analysts rating.
P/E Trailing = 12.5
P/E Forward = 22.779
P/S = 4.8007
P/B = 2.4422
P/EG = 5.83
Revenue TTM = 14.3b SGD
EBIT TTM = 1.04b SGD
EBITDA TTM = 3.38b SGD
Long Term Debt = 7.84b SGD (from longTermDebt, last quarter)
Short Term Debt = 694.9m SGD (from shortLongTermDebt, last quarter)
Debt = 3.15b SGD (Leases only: 3.15b)
Net Debt = -323.5m SGD (calculated: Debt 3.15b - CCE 3.47b)
Enterprise Value = 68.9b SGD (69.3b + Debt 3.15b - CCE 3.47b)
Interest Coverage Ratio = 2.41 (Ebit TTM 1.04b / Interest Expense TTM 431.2m)
EV/FCF = 29.75x (Enterprise Value 68.9b / FCF TTM 2.32b)
FCF Yield = 3.36% (FCF TTM 2.32b / Enterprise Value 68.9b)
FCF Margin = 16.25% (FCF TTM 2.32b / Revenue TTM 14.3b)
Net Margin = 39.31% (Net Income TTM 5.61b / Revenue TTM 14.3b)
Gross Margin = 69.32% ((Revenue TTM 14.3b - Cost of Revenue TTM 4.38b) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 1.36 (Enterprise Value 68.9b / Total Assets 50.7b)
Interest Expense / Debt = 13.70% (Interest Expense 431.2m / Debt 3.15b)
Taxrate = 8.92% (550.1m / 6.17b)
NOPAT = 947.0m (EBIT 1.04b * (1 - 8.92%))
Current Ratio = 1.04 (Total Current Assets 8.92b / Total Current Liabilities 8.58b)
Debt / Equity = 0.11 (Debt 3.15b / totalStockholderEquity, last quarter 28.6b)
Debt / EBITDA = -0.10 (Net Debt -323.5m / EBITDA 3.38b)
Debt / FCF = -0.14 (Net Debt -323.5m / FCF TTM 2.32b)
Total Stockholder Equity = 26.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.50% (Net Income 5.61b / Total Assets 50.7b)
RoE = 21.14% (Net Income TTM 5.61b / Total Stockholder Equity 26.5b)
RoCE = 3.03% (EBIT 1.04b / Capital Employed (Equity 26.5b + L.T.Debt 7.84b))
RoIC = 2.29% (NOPAT 947.0m / Invested Capital 41.4b)
WACC = 5.33% (E(69.3b)/V(72.4b) * Re(5.01%) + D(3.15b)/V(72.4b) * Rd(13.70%) * (1-Tc(0.09)))
Discount Rate = 5.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 79.37 | Cagr: 0.49%
[DCF] Terminal Value 77.97% ; FCFF base≈1.53b ; Y1≈1.76b ; Y5≈2.58b
[DCF] Fair Price = 2.41 (EV 38.9b - Net Debt -323.5m = Equity 39.2b / Shares 16.3b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.24 | EPS CAGR: 17.48% | SUE: -1.81 | # QB: -1
Revenue Correlation: 92.35 | Revenue CAGR: 0.47% | SUE: N/A | # QB: 0
EPS current Quarter (2026-12-31): EPS=0.05 | Chg30d=-2.87% | Revisions=-25% | Analysts=2
EPS current Year (2027-03-31): EPS=0.19 | Chg30d=-0.53% | Revisions=+0% | GrowthEPS=+13.1% | GrowthRev=+4.8%
EPS next Year (2028-03-31): EPS=0.21 | Chg30d=+0.14% | Revisions=-17% | GrowthEPS=+14.0% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: -18% (up=3, down=5)