SIA Engineering Co (S59) AI Stock Analysis

• Market Cap: S$3.63B
• Dividend Yield: 2.68%
• Average Volume (3M): 1.66M
• Price to Earnings (P/E): 20.5
• Beta (1Y): 0.72
• Revenue Growth: 20.88%
• EPS Growth: 45.05%
• Country: SG
• Employees: 6,253
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 0.04
• Shares Outstanding: 1,124,116,300
• 10 Day Avg. Volume: 1,004,680
• 30 Day Avg. Volume: 1,655,990
• PEG Ratio: 0.46
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 2.01
• P/FCF Ratio: 24.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: S$4.07
• Price Target Upside: 25.87% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 0.16
• Revenue Forecast (FY): S$1.45B

• Rating: 69 Neutral
• Price Target: S$3.50 ▲(8.36% Upside)
• Action: Reiterated Date: 10/29/25
• Date: Action: Reiterated 10/29/25

SIA Engineering Co's strong financial performance and positive technical indicators are the primary drivers of its stock score. The company's robust balance sheet and consistent revenue growth support its financial health. However, the relatively high P/E ratio suggests potential overvaluation, which slightly offsets the overall score.

Positive Factors

Strong Balance Sheet

Extremely low leverage and a high equity ratio provide durable financial resilience. This reduces insolvency risk, supports funding of MRO capex and cyclical working capital, and gives flexibility to pursue long-term contracts, investments, or shareholder returns without heavy reliance on external debt.

Negative Factors

Low Operating Margin

Very low EBIT margin signals constrained core operating profitability after fixed costs. For an MRO provider with capital-intensive operations, low operating leverage reduces resilience to cost inflation and competitive pricing, leaving long-term earnings vulnerable unless operational efficiency improves.

SIA Engineering Co Business Overview & Revenue Model

Company Description

SIA Engineering Company Limited, together with its subsidiaries, provides maintenance, repair, and overhaul (MRO) services to airline carriers and aerospace equipment manufacturers worldwide. The company operates through two segments, Airframe and...

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SIA Engineering Company Limited, together with its subsidiaries, provides maintenance, repair, and overhaul (MRO) services to airline carriers and aerospace equipment manufacturers worldwide. The company operates through two segments, Airframe and...

How the Company Makes Money

SIA Engineering makes money primarily by selling aircraft MRO services under contractual arrangements to airlines and aircraft operators. Key revenue streams typically include (1) base maintenance (heavy checks and airframe work performed during s...

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SIA Engineering makes money primarily by selling aircraft MRO services under contractual arrangements to airlines and aircraft operators. Key revenue streams typically include (1) base maintenance (heavy checks and airframe work performed during s...

SIA Engineering Co Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.33B	1.25B	1.09B	795.97M	566.09M	442.99M
Gross Profit	726.59M	305.90M	305.90M	235.95M	183.70M	144.27M
EBITDA	50.67M	214.90M	166.81M	131.45M	36.03M	-1.35M
Net Income	149.22M	139.60M	97.12M	66.39M	67.61M	-11.25M
Balance Sheet
Total Assets	0.00	2.14B	2.09B	1.98B	1.84B	1.81B
Cash, Cash Equivalents and Short-Term Investments	663.36M	663.40M	645.95M	632.99M	625.48M	615.96M
Total Debt	0.00	85.20M	110.44M	115.19M	69.73M	84.08M
Total Liabilities	-1.74B	399.90M	385.11M	306.64M	216.79M	265.48M
Stockholders Equity	1.74B	1.72B	1.69B	1.67B	1.61B	1.53B
Cash Flow
Free Cash Flow	0.00	102.60M	61.18M	4.98M	5.91M	145.40M
Operating Cash Flow	0.00	167.00M	100.40M	64.61M	29.20M	165.79M
Investing Cash Flow	0.00	-14.80M	30.81M	-19.46M	15.75M	22.82M
Financing Cash Flow	0.00	-134.70M	-117.80M	-37.10M	-35.74M	-89.76M

SIA Engineering Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.23
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:S59, the sentiment is Negative. The current price of 3.23 is below the 20-day moving average (MA) of 3.24, below the 50-day MA of 3.36, and below the 200-day MA of 3.35, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 44.93 is Neutral, neither overbought nor oversold. The STOCH value of 61.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:S59.

SIA Engineering Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BS6	74 Outperform	S$15.21B	8.73	28.61%	3.46%	0.42%	40.48%
S59	69 Neutral	S$3.63B	20.51	8.81%	2.68%	20.88%	45.05%
U96	65 Neutral	S$11.57B	10.88	18.30%	4.33%	-6.69%	6.76%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
5E2	63 Neutral	S$7.96B	22.60	4.03%	0.70%	25.68%	―
S58	62 Neutral	S$5.29B	16.71	9.76%	1.44%	10.26%	30.63%
S63	59 Neutral	S$34.22B	56.74	28.83%	2.01%	8.49%	19.65%

SIA Engineering Co Corporate Events