Sheng Siong Group Ltd. (SG:OV8)
SGX:OV8
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Sheng Siong Group Ltd.
(SGX:OV8)
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Rating:69Neutral
Price Target:
S$3.50
▲(14.75% Upside)
Action:ReiteratedDate:04/30/26
The score is driven primarily by solid financial performance (accelerating revenue, resilient margins, and strong free cash flow), tempered by a higher leverage trend and only moderate cash conversion. Technicals are generally supportive but not strongly bullish, and valuation is a notable headwind due to the relatively high P/E versus the sector with only a moderate dividend yield.
Positive Factors
Revenue Momentum
Sustained top-line acceleration indicates expanding customer traffic or basket size across stores. Durable revenue growth supports scale economics, improves bargaining with suppliers, and underpins predictable cash flows, making investment in stores and distribution more self-sustaining over months.
Negative Factors
Rising Leverage
An upward trend in leverage reduces financial flexibility and raises refinancing and interest risks, limiting capacity for opportunistic investments or defensive actions. In a low-margin retail sector, higher debt magnifies operating volatility and constrains capital allocation choices over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Momentum
Sustained top-line acceleration indicates expanding customer traffic or basket size across stores. Durable revenue growth supports scale economics, improves bargaining with suppliers, and underpins predictable cash flows, making investment in stores and distribution more self-sustaining over months.
Read all positive factors
Sheng Siong Group Ltd. (OV8) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$4.56B
Dividend Yield2.43%
Average Volume (3M)2.21M
Price to Earnings (P/E)26.5
Beta (1Y)0.36
Revenue Growth11.29%
EPS Growth10.22%
CountrySG
Employees2,500
SectorConsumer Defensive
Sector Strength42
IndustryGrocery Stores
Share Statistics
EPS (TTM)0.03
Shares Outstanding1,503,537,000
10 Day Avg. Volume2,234,800
30 Day Avg. Volume2,206,103
Financial Highlights & Ratios
PEG Ratio3.06
Price to Book (P/B)6.72
Price to Sales (P/S)2.52
P/FCF Ratio17.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
S$3.04Price Target Upside-0.44% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)0.11
Revenue Forecast (FY)S$1.70B
Sheng Siong Group Ltd. Business Overview & Revenue Model
Company Description
Sheng Siong Group Ltd, an investment holding company, operates a chain of supermarket retail stores in Singapore. The company's stores offer an assortment of live, fresh, and chilled produce, such as seafood, meat, fruits, and vegetables; pantry s...
How the Company Makes Money
Sheng Siong primarily makes money through the retail sale of consumer staples in its supermarket/hypermarket network. Its main revenue stream is merchandise sales to customers across categories such as fresh food (including seafood and meat), dry/...
Sheng Siong Group Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
70
Positive
Cash Flow
76
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.62B | 1.57B | 1.43B | 1.37B | 1.34B | 1.37B |
| Gross Profit | 509.98M | 491.63M | 435.47M | 410.53M | 393.50M | 393.29M |
| EBITDA | 209.37M | 225.92M | 230.87M | 219.65M | 218.41M | 214.96M |
| Net Income | 154.09M | 149.46M | 137.52M | 133.65M | 133.30M | 132.83M |
Balance Sheet | ||||||
| Total Assets | 1.07B | 1.07B | 935.14M | 830.19M | 785.12M | 739.02M |
| Cash, Cash Equivalents and Short-Term Investments | 461.07M | 435.50M | 353.36M | 324.40M | 275.50M | 246.64M |
| Total Debt | 162.67M | 302.53M | 125.62M | 101.33M | 95.65M | 81.69M |
| Total Liabilities | 440.28M | 480.61M | 396.80M | 333.21M | 329.94M | 322.69M |
| Stockholders Equity | 631.31M | 588.02M | 534.92M | 493.77M | 452.25M | 413.41M |
Cash Flow | ||||||
| Free Cash Flow | 240.16M | 224.93M | 200.80M | 178.14M | 158.01M | 141.01M |
| Operating Cash Flow | 258.97M | 245.79M | 218.99M | 188.29M | 166.81M | 172.70M |
| Investing Cash Flow | -22.65M | -21.51M | -54.35M | -10.05M | -4.97M | -30.32M |
| Financing Cash Flow | -143.89M | -142.09M | -136.90M | -129.46M | -133.48M | -149.88M |
Sheng Siong Group Ltd. Technical Analysis
Positive
3.05
Price Trends
2.77
Positive
2.72
Positive
2.45
Positive
Market Momentum
0.11
Negative
66.32
Neutral
45.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:OV8, the sentiment is Positive. The current price of 3.05 is above the 20-day moving average (MA) of 2.91, above the 50-day MA of 2.77, and above the 200-day MA of 2.45, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 66.32 is Neutral, neither overbought nor oversold. The STOCH value of 45.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:OV8.
Sheng Siong Group Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | S$598.28M | 12.92 | 3.06% | 5.62% | -0.39% | 14.93% | |
69 Neutral | S$4.56B | 26.46 | 26.28% | 2.43% | 11.29% | 10.22% | |
69 Neutral | S$2.11B | 15.54 | 3.66% | 3.10% | 7.43% | -6.37% | |
65 Neutral | S$22.54B | 10.43 | 4.29% | 4.55% | 2.17% | 17.64% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
48 Neutral | S$169.12M | 3.34 | 102.98% | ― | -65.91% | -318.51% |
* Consumer Defensive Sector Average
SG:OV8
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.