SBS Transit Ltd (S61) AI Stock Analysis

• Market Cap: S$853.35M
• Dividend Yield: 4.09%
• Average Volume (3M): 187.20K
• Price to Earnings (P/E): 12.1
• Beta (1Y): 0.27
• Revenue Growth: 2.13%
• EPS Growth: 1.72%
• Country: SG
• Employees: 9,609
• Sector: Industrials
• Sector Strength: 82
• Industry: Railroads
• EPS (TTM): 0.23
• Shares Outstanding: 312,583,400
• 10 Day Avg. Volume: 196,660
• 30 Day Avg. Volume: 187,196
• PEG Ratio: 7.06
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

SBS Transit Ltd showcases strong financial stability with low leverage and robust equity positions, supporting its growth potential. However, challenges in cash flow efficiency need attention to improve overall profitability. The technical analysis indicates positive momentum, though the lack of detailed indicators suggests some caution. Valuation metrics show a balanced risk-reward profile, making it a moderately attractive investment opportunity.

SBS Transit Ltd Business Overview & Revenue Model

Company Description

SBS Transit Ltd (S61) is a leading public transport operator in Singapore, specializing in the provision of bus and rail services. The company operates an extensive network of bus routes and manages several key rail lines, including the North East Line, Downtown Line, and the Sengkang and Punggol Light Rail Transit (LRT) systems. As a subsidiary of ComfortDelGro Corporation, SBS Transit is committed to delivering safe, reliable, and efficient public transport solutions to millions of commuters daily.

How the Company Makes Money

SBS Transit Ltd generates revenue primarily through its public transport services, which include both bus and rail operations. The company earns money by collecting fares from passengers using its extensive network of buses and rail lines. Additionally, SBS Transit benefits from government contracts and subsidies, which are designed to support the infrastructure and operational costs associated with public transport systems. Ancillary revenue streams include advertising on buses and trains, as well as leasing retail and commercial spaces in transit stations. The company's financial performance is also supported by strategic partnerships and its relationship with parent company ComfortDelGro, which can provide additional resources and opportunities for growth.

SBS Transit Ltd Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
1.53B	1.52B	1.31B	1.23B	1.45B
	Gross Profit
169.19M	163.32M	179.78M	186.69M	205.05M
	EBIT
76.65M	79.91M	53.55M	79.98M	103.49M
	EBITDA
183.85M	161.57M	159.19M	189.30M	207.69M
	Net Income Common Stockholders
69.08M	68.02M	51.63M	78.96M	81.29M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
371.96M	345.30M	204.03M	85.56M	31.46M
	Total Assets
1.17B	1.21B	1.15B	1.14B	1.14B
	Total Debt
19.31M	79.12M	91.61M	96.53M	158.18M
	Net Debt
-352.65M	-266.18M	-112.42M	10.97M	126.71M
	Total Liabilities
490.11M	566.90M	552.22M	552.77M	610.54M
	Stockholders Equity
682.08M	644.29M	601.57M	587.03M	526.74M
Cash Flow		Free Cash Flow
59.21M	171.88M	191.24M	132.90M	54.67M
	Operating Cash Flow
74.87M	182.57M	224.34M	151.22M	83.65M
	Investing Cash Flow
-2.78M	-6.27M	-32.54M	-16.19M	-28.71M
	Financing Cash Flow
-45.44M	-35.03M	-73.33M	-80.93M	-56.19M

SBS Transit Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.73
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 2.73 is above the 20-day moving average (MA) of 2.70, above the 50-day MA of 2.60, and above the 200-day MA of 2.32, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 54.24 is Neutral, neither overbought nor oversold. The STOCH value of 4.76 is Positive, 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
S68	77 Outperform	$15.40B	23.44	35.32%	2.39%	8.76%	15.45%
S61	76 Outperform	S$853.35M	12.12	10.03%	4.09%	2.13%	1.72%
S08	69 Neutral	$1.41B	17.91	6.87%	1.44%	6.39%	123.72%
C52	69 Neutral	$3.29B	15.64	8.14%	4.93%	15.36%	16.55%
Sector *	64 Neutral	$4.30B	11.84	5.23%	249.82%	4.10%	-10.59%
F34	63 Neutral	$19.10B	12.22	5.84%	5.01%	-0.24%	-23.64%
M44U	61 Neutral	$5.67B	30.96	2.74%	6.64%	-0.97%	-40.20%

SBS Transit Ltd Corporate Events

SBS Transit Engages Shareholders Ahead of Annual General Meeting

SBS Transit Ltd’s Board of Directors has expressed gratitude to shareholders who submitted questions ahead of the company’s Thirty-Second Annual General Meeting. The meeting is scheduled to be held both electronically and in person at the ComfortDelGro Headquarters in Singapore, indicating a commitment to shareholder engagement and transparency.