SBS Transit Ltd (S61) AI Stock Analysis

• Market Cap: S$1.23B
• Dividend Yield: 8.85%
• Average Volume (3M): 90.60K
• Price to Earnings (P/E): 16.3
• Beta (1Y): 0.29
• Revenue Growth: -2.55%
• EPS Growth: -0.55%
• Country: SG
• Employees: 9,609
• Sector: Industrials
• Sector Strength: 72
• Industry: Railroads
• EPS (TTM): 0.10
• Shares Outstanding: 312,583,400
• 10 Day Avg. Volume: 64,900
• 30 Day Avg. Volume: 90,603
• PEG Ratio: -1.25
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 0.66
• P/FCF Ratio: 9.01
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: S$4.00 ▲(25.39% Upside)
• Action: Reiterated Date: 02/26/26
• Date: Action: Reiterated 02/26/26

The score is driven primarily by strong financial resilience (especially very low leverage and steady profitability) and an attractive dividend yield. This is tempered by overbought technical signals and a mature growth profile with modest revenue momentum and some margin pressure.

Positive Factors

Balance sheet strength

Very low leverage and a substantial equity base give the company durable financial flexibility: it can absorb operating shocks, fund maintenance or bidding for new public service contracts, and sustain dividend payouts without relying on heavy borrowing, supporting long-term stability.

Negative Factors

Limited revenue growth

Revenue appears mature under the public bus contracting and rail operating framework, limiting organic expansion. Small declines in 2025 highlight constrained top-line upside absent new route wins, fare adjustments, or material service expansions, capping medium-term growth potential.

SBS Transit Ltd Business Overview & Revenue Model

Company Description

SBS Transit Ltd provides bus and rail public transport services primarily in Singapore. It operates through Public Transport Services and Other Commercial Services segments. The company operates scheduled buses. It also operates North East MRT Lin...

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SBS Transit Ltd provides bus and rail public transport services primarily in Singapore. It operates through Public Transport Services and Other Commercial Services segments. The company operates scheduled buses. It also operates North East MRT Lin...

How the Company Makes Money

SBS Transit generates revenue primarily through passenger fares collected from its bus and rail services. The company operates on a fare structure regulated by the Land Transport Authority of Singapore, which ensures a steady income stream from co...

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SBS Transit generates revenue primarily through passenger fares collected from its bus and rail services. The company operates on a fare structure regulated by the Land Transport Authority of Singapore, which ensures a steady income stream from co...

SBS Transit Ltd Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.52B	1.52B	1.56B	1.53B	1.52B	1.31B
Gross Profit	-345.22M	268.26M	198.93M	169.19M	163.32M	179.78M
EBITDA	154.40M	150.63M	171.39M	183.85M	186.01M	159.19M
Net Income	67.69M	61.20M	70.30M	69.08M	68.02M	51.63M
Balance Sheet
Total Assets	1.07B	1.09B	1.16B	1.17B	1.21B	1.15B
Cash, Cash Equivalents and Short-Term Investments	340.79M	384.32M	384.99M	371.96M	345.30M	204.03M
Total Debt	12.02M	14.87M	17.71M	19.31M	79.12M	91.61M
Total Liabilities	389.85M	407.59M	441.19M	490.11M	566.90M	552.22M
Stockholders Equity	678.65M	681.86M	719.47M	682.08M	644.29M	601.57M
Cash Flow
Free Cash Flow	0.00	111.00M	21.50M	59.21M	171.88M	191.24M
Operating Cash Flow	0.00	135.28M	41.85M	74.87M	182.57M	224.34M
Investing Cash Flow	0.00	-23.84M	18.08M	-2.78M	-6.27M	-32.54M
Financing Cash Flow	0.00	-112.10M	-46.91M	-45.44M	-35.03M	-73.33M

SBS Transit Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:S61, the sentiment is Positive. The current price of 3.19 is below the 20-day moving average (MA) of 3.88, below the 50-day MA of 3.58, and below the 200-day MA of 3.23, indicating a bullish trend. The MACD of 0.10 indicates Positive momentum. The RSI at 64.92 is Neutral, neither overbought nor oversold. The STOCH value of 82.94 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:S61.

SBS Transit Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
S61	71 Outperform	S$1.23B	16.33	9.62%	8.85%	-2.55%	-0.55%
H30	68 Neutral	S$720.28M	18.56	1.11%	1.20%	1.94%	-69.89%
C52	66 Neutral	S$3.12B	6.45	8.37%	5.55%	15.63%	12.07%
S56	66 Neutral	S$548.80M	6.44	15.57%	7.98%	16.82%	62.71%
S08	65 Neutral	S$776.10M	16.58	20.03%	22.42%	-68.90%	194.56%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
F83	60 Neutral	S$510.55M	68.26	1.18%	―	6.34%	160.00%

SBS Transit Ltd Corporate Events