Genting Singapore (G13) AI Stock Analysis

• Market Cap: $8.81B
• Dividend Yield: 5.19%
• Average Volume (3M): 47.58M
• Price to Earnings (P/E): 19.3
• Beta (1Y): 0.48
• Revenue Growth: -11.30%
• EPS Growth: -34.03%
• Country: SG
• Employees: 12,500
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): <0.01
• Shares Outstanding: 12,094,026,000
• 10 Day Avg. Volume: 52,535,119
• 30 Day Avg. Volume: 47,580,264
• PEG Ratio: -2.79
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 3.65
• P/FCF Ratio: 21.48
• Enterprise Value/Market Cap: 0.60
• Enterprise Value/Revenue: 2.23
• Enterprise Value/Gross Profit: 7.02
• Enterprise Value/Ebitda: 6.77
• 1Y Price Target: $0.81
• Price Target Upside: 4.73% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: S$1.00 ▲(29.87% Upside)

Genting Singapore's strong financial position and attractive dividend yield are key strengths. However, the decline in revenue and free cash flow growth, along with weak market momentum, are significant concerns. The stock is fairly valued, offering a balanced risk-reward profile.

Positive Factors

Operational Efficiency

Strong operational efficiency and low leverage indicate effective management and financial stability, supporting long-term sustainability.

Leadership Changes

The appointment of a new COO with extensive industry experience is expected to enhance operational performance and strategic execution.

Strategic Leadership Renewal

Leadership changes are aimed at enhancing strategic execution and financial management, positioning the company for sustainable growth.

Negative Factors

Revenue Decline

Declining revenue growth indicates challenges in maintaining market share and could impact future profitability and expansion efforts.

Free Cash Flow Decline

Reduced free cash flow growth limits the company's ability to invest in new projects and return capital to shareholders, affecting long-term growth.

Profit Margin Pressure

Decreasing profit margins suggest rising costs or pricing pressures, which could erode profitability if not managed effectively.

Genting Singapore Business Overview & Revenue Model

Company Description

Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asia. The company primarily owns Resorts World Sentosa, a destination resort, S.E.A. Aquarium, Adventure Cove Waterpark, Universal Studios Singapore Theme Park, hotels, MICE venues, restaurants, SPA, and specialty retail outlets. It also engages in the operation of casinos; and the provision of sales and marketing support services to leisure and hospitality related businesses, as well as investment activities. The company was incorporated in 1984 and is headquartered in Singapore. Genting Singapore Limited is a subsidiary of Genting Overseas Holdings Limited.

How the Company Makes Money

Genting Singapore generates revenue primarily through its gaming operations, which encompass casino gaming activities including table games and slot machines. In addition to gaming, the company earns significant income from its non-gaming segments, which include hotel accommodations, food and beverage services, and entertainment attractions such as Universal Studios Singapore. The integrated resort model allows Genting Singapore to attract a diverse range of customers, enhancing its revenue potential. The company also benefits from strategic partnerships, including collaborations with international brands and entertainment providers, which help to enhance its offerings and draw more visitors. Furthermore, government regulations and tourism policies in Singapore play a crucial role in shaping its revenue streams, as the company adapts to changing market conditions and consumer preferences.

Genting Singapore Financial Statement Overview

Summary

Genting Singapore shows strong operational efficiency and a solid balance sheet with minimal leverage. However, the decline in revenue growth and free cash flow growth presents challenges that need addressing to sustain long-term growth.

Income Statement

Genting Singapore's income statement shows a mixed performance. The gross profit margin and net profit margin have decreased slightly compared to the previous year, indicating some pressure on profitability. The revenue growth rate is negative, suggesting a decline in sales. However, the company maintains a healthy EBIT and EBITDA margin, reflecting strong operational efficiency.

Balance Sheet

The balance sheet is robust with a very low debt-to-equity ratio, indicating minimal leverage and financial risk. The return on equity is moderate, suggesting reasonable profitability relative to shareholder investment. The equity ratio is strong, showing a solid capital structure with a high proportion of equity financing.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth, which could be a concern for future investments and dividends. The operating cash flow to net income ratio is healthy, indicating good cash generation relative to earnings. However, the free cash flow to net income ratio has decreased, suggesting reduced cash available after capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.39B	2.53B	2.42B	1.73B	1.07B	1.06B
Gross Profit	758.76M	836.10M	882.76M	601.85M	326.86M	231.86M
EBITDA	787.21M	1.09B	1.14B	790.95M	499.40M	418.19M
Net Income	456.67M	578.87M	611.58M	340.10M	183.34M	69.24M
Balance Sheet
Total Assets	9.20B	9.23B	9.15B	8.80B	8.79B	8.79B
Cash, Cash Equivalents and Short-Term Investments	3.32B	3.59B	3.67B	3.47B	3.34B	3.99B
Total Debt	3.57M	3.43M	2.92M	5.54M	247.66M	266.77M
Total Liabilities	914.13M	932.99M	954.62M	801.45M	896.79M	951.99M
Stockholders Equity	8.29B	8.30B	8.19B	8.00B	7.90B	7.84B
Cash Flow
Free Cash Flow	237.21M	430.03M	627.13M	619.65M	-567.05M	153.78M
Operating Cash Flow	789.69M	859.69M	958.52M	806.68M	377.72M	246.51M
Investing Cash Flow	-641.12M	-401.09M	-389.42M	-186.77M	-921.00M	114.28M
Financing Cash Flow	-485.29M	-485.16M	-425.76M	-447.22M	-127.77M	-309.55M

Genting Singapore Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.77
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:G13, the sentiment is Positive. The current price of 0.77 is above the 20-day moving average (MA) of 0.75, above the 50-day MA of 0.75, and above the 200-day MA of 0.71, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 58.13 is Neutral, neither overbought nor oversold. The STOCH value of 77.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:G13.

Genting Singapore Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
B58	75 Outperform	$537.36M	11.97	6.35%	2.11%	11.83%	21.60%
G13	68 Neutral	$8.81B	19.31	5.45%	5.19%	-11.30%	-34.03%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
H18	48 Neutral	S$524.99M	―	-1.41%	2.11%	-2.09%	-302.48%

Genting Singapore Corporate Events

Resorts World Sentosa Appoints New COO Amid Transformation Efforts

Resorts World Sentosa has appointed Mr. Si Chen as the new Chief Operating Officer, effective December 1, 2025. This move is part of the resort’s strategic leadership renewal under its RWS 2.0 transformation plan, aiming to enhance operational performance and guest experience. Mr. Si brings extensive experience from the gaming and hospitality industry, which is expected to bolster RWS’s position as a leading tourism destination in Asia.

The most recent analyst rating on (SG:G13) stock is a Hold with a S$1.00 price target. To see the full list of analyst forecasts on Genting Singapore stock, see the SG:G13 Stock Forecast page.

Genting Singapore Reports Decline Amid Transformation

Genting Singapore Limited is an investment holding company primarily involved in the construction, development, and operation of integrated resorts and casinos, with its flagship property being Resorts World Sentosa in Singapore. The company operates within the leisure and hospitality sector, offering a blend of gaming and non-gaming attractions.

Genting Singapore Announces Key Executive Appointments

Genting Singapore Limited has announced key executive appointments to support its next phase of growth. Ms. Lee Shi Ruh, previously the Chief Financial Officer, has been promoted to President and Chief Operating Officer, while Ms. Ang Suat Ching will take over as Chief Financial Officer. These changes are aimed at enhancing strategic execution and financial management as the company seeks sustainable growth.

The most recent analyst rating on (SG:G13) stock is a Buy with a S$1.05 price target. To see the full list of analyst forecasts on Genting Singapore stock, see the SG:G13 Stock Forecast page.