Singapore Post (S08) AI Stock Analysis

• Market Cap: $933.57M
• Dividend Yield: 21.88%
• Average Volume (3M): 11.99M
• Price to Earnings (P/E): 4.0
• Beta (1Y): 1.05
• Revenue Growth: -68.90%
• EPS Growth: 194.56%
• Country: SG
• Employees: 4,900
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): 0.01
• Shares Outstanding: 2,275,089,400
• 10 Day Avg. Volume: 9,895,500
• 30 Day Avg. Volume: 11,985,443
• PEG Ratio: 0.02
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 1.90
• P/FCF Ratio: 57.97
• Enterprise Value/Market Cap: 1.34
• Enterprise Value/Revenue: 0.91
• Enterprise Value/Gross Profit: 4.70
• Enterprise Value/Ebitda: 3.61
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: S$0.50 ▲(19.05% Upside)

Singapore Post's overall stock score reflects strong profitability and a robust balance sheet, but is tempered by significant revenue declines and cash flow challenges. The stock appears undervalued with a low P/E ratio, and recent earnings call highlights a return to profitability. However, technical indicators suggest bearish momentum, and the company faces ongoing challenges in key segments.

Positive Factors

Operational Efficiency

Improved cost discipline enhances profitability and competitiveness, enabling Singapore Post to better navigate challenging market conditions.

Financial Restructuring

Strategic divestments have strengthened the balance sheet, providing financial flexibility for future investments and operational improvements.

E-commerce Logistics Expansion

Expanding logistics capacity positions Singapore Post to capitalize on e-commerce growth, enhancing service quality and market share.

Negative Factors

Revenue Decline

Persistent revenue declines indicate challenges in maintaining growth, potentially impacting long-term financial health and market position.

Cross-Border E-commerce Challenges

Significant drop in cross-border e-commerce volume reflects structural market challenges, affecting revenue streams and growth potential.

Logistics and Letters Segment Loss

Operating losses in key segments highlight structural issues, necessitating strategic adjustments to improve profitability and market relevance.

Singapore Post Business Overview & Revenue Model

Company Description

Singapore Post Limited, together with its subsidiaries, engages in post and parcel, eCommerce logistics, and property businesses in Singapore, Japan, Europe, New Zealand, Hong Kong, Australia, and internationally. It operates through Post and Parcel, Logistics, and Property segments. The Post and Parcel segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. This segment also provides agency services, financial services, and parcel deliveries. The Logistics segment offers freight forwarding and eCommerce logistics solutions, which includes front-end related eCommerce solutions, warehousing, fulfilment, delivery, and other value-added services. The Property segment provides commercial property rental, and self-storage services. The company is also involved in the online sale of products; and provision of management and consultancy services to related entities, as well as integrated supply chain and distribution services, and logistics consulting services. In addition, it provides customs brokerage and freight forwarding services; and freight collections transshipments services. Additionally, the company provides online shopping platforms and services. The company was founded in 1819 and is headquartered in Singapore.

How the Company Makes Money

Singapore Post generates revenue through multiple key streams, including mail and parcel delivery services, logistics services, and retail operations. The mail segment earns income from the delivery of letters, magazines, and parcels both domestically and internationally. The logistics segment, which has grown significantly due to the rise of e-commerce, includes services like warehousing, freight forwarding, and last-mile delivery solutions. Additionally, the retail segment contributes to revenue through the sale of postal services, office supplies, and other consumer goods at its outlets. Significant partnerships with e-commerce companies and other logistics providers enhance revenue opportunities, particularly in the booming online shopping sector. Moreover, Singapore Post has invested in technology and infrastructure to improve operational efficiency, thereby reducing costs and increasing profitability.

Singapore Post Financial Statement Overview

Summary

Singapore Post shows strong profitability with high net profit margins, but faces significant revenue decline and cash flow challenges. The balance sheet remains robust with low leverage and a strong equity base. The company needs to address its revenue and cash flow issues to sustain long-term growth and stability.

Income Statement

The income statement shows a mixed performance. The company has a strong net profit margin of 30.13% in the latest year, indicating high profitability. However, revenue has significantly declined by 56.06%, which is a major concern. The gross profit margin is moderate at 19.18%, and the EBIT and EBITDA margins are healthy at 33.58% and 47.59%, respectively. The revenue growth rate has been negative, highlighting a downward trend in sales.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.24, indicating low leverage. The return on equity (ROE) is decent at 15.61%, showing effective use of equity to generate profits. The equity ratio stands at 65.68%, suggesting a strong equity base relative to total assets. Overall, the company maintains a solid balance sheet with manageable debt levels.

Cash Flow

The cash flow statement indicates challenges in cash generation. Free cash flow growth is negative at -56.80%, signaling potential cash flow issues. The operating cash flow to net income ratio is low at 0.20, suggesting limited cash conversion from net income. The free cash flow to net income ratio is moderate at 0.34, indicating some cash flow generation relative to net income. The company needs to improve its cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.38B	813.70M	1.69B	1.87B	1.67B	1.40B
Gross Profit	265.91M	156.03M	283.81M	222.32M	228.23M	160.88M
EBITDA	346.27M	387.25M	210.79M	170.18M	184.51M	118.12M
Net Income	239.72M	245.14M	78.33M	13.95M	83.11M	32.74M
Balance Sheet
Total Assets	2.39B	2.39B	3.14B	2.84B	2.68B	2.72B
Cash, Cash Equivalents and Short-Term Investments	791.88M	791.88M	476.74M	495.70M	288.44M	507.72M
Total Debt	370.23M	370.23M	975.80M	955.62M	600.45M	406.16M
Total Liabilities	782.95M	782.95M	1.71B	1.71B	1.54B	1.40B
Stockholders Equity	1.57B	1.57B	1.13B	1.13B	1.31B	1.28B
Cash Flow
Free Cash Flow	4.77M	26.67M	38.18M	63.75M	40.52M	173.17M
Operating Cash Flow	50.13M	77.76M	93.39M	92.18M	64.78M	195.03M
Investing Cash Flow	-87.33M	538.12M	-145.91M	-189.91M	-56.97M	-73.39M
Financing Cash Flow	-5.23M	-396.19M	33.56M	313.00M	-227.35M	-113.42M

Singapore Post Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.42
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:S08, the sentiment is Neutral. The current price of 0.42 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.41, and below the 200-day MA of 0.47, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.16 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SG:S08.

Singapore Post Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
S19	73 Outperform	€120.94M	7.89	10.22%	3.33%	-0.41%	5.10%
S56	72 Outperform	S$516.52M	4.12	16.35%	8.65%	16.82%	62.71%
NS8U	71 Outperform	$1.87B	19.20	3.06%	7.83%	11.85%	154.55%
S61	66 Neutral	S$1.01B	14.91	9.82%	8.79%	-2.55%	-0.55%
S08	65 Neutral	$933.57M	3.99	20.03%	21.88%	-68.90%	194.56%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
F83	53 Neutral	S$546.38M	46.92	1.18%	―	6.34%	160.00%

Singapore Post Corporate Events

Singapore Post Strengthens Sustainability Committee with New Appointment

Singapore Post Limited has announced the appointment of Mr. Mark Chong Chin Kok as a new member of its Board Sustainability Committee, effective from November 10, 2025. This change reflects the company’s ongoing commitment to enhancing its sustainability governance, potentially impacting its strategic direction and stakeholder engagement in sustainability initiatives.

Singapore Post Streamlines Executive Titles for Greater Agility

Singapore Post Limited announced an administrative change in the titles of its key management personnel to align with a streamlined operating structure, aiming for increased agility. Effective November 2025, the titles of executive officers will no longer include the word ‘Group,’ though this change does not affect their roles or responsibilities.