Financials Singapore Land Group Limited

Equities

U06

SG1K37001643

Real Estate Development & Operations

Market Closed - Singapore S.E. 04:01:43 2024-05-23 am EDT 5-day change 1st Jan Change
1.86 SGD 0.00% Intraday chart for Singapore Land Group Limited -0.53% -6.53%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,911 4,111 3,324 3,840 3,224 2,851
Enterprise Value (EV) 1 4,113 4,520 3,669 4,206 3,471 3,138
P/E ratio 12.5 x 6.8 x 36.8 x 11.6 x 7.08 x 10.5 x
Yield 1.28% 1.39% 1.51% 1.31% 1.56% 2.01%
Capitalization / Revenue 5.36 x 4.72 x 4.77 x 5.85 x 4.66 x 4.16 x
EV / Revenue 5.64 x 5.19 x 5.27 x 6.41 x 5.02 x 4.58 x
EV / EBITDA 11.8 x 12.4 x 16.6 x 17.8 x 12 x 12.8 x
EV / FCF 11.2 x 9.65 x 21.1 x 25.8 x 13.7 x 37.9 x
FCF Yield 8.89% 10.4% 4.74% 3.88% 7.31% 2.64%
Price to Book 0.58 x 0.56 x 0.45 x 0.51 x 0.4 x 0.35 x
Nbr of stocks (in thousands) 1,432,531 1,432,567 1,432,667 1,432,667 1,432,667 1,432,667
Reference price 2 2.730 2.870 2.320 2.680 2.250 1.990
Announcement Date 4/2/19 4/9/20 4/1/21 4/6/22 4/5/23 4/4/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 729.5 871.2 696.9 656.2 691.5 685.9
EBITDA 1 348.7 363.1 221.1 235.7 289.8 245
EBIT 1 325.6 339.1 184.8 207.8 259.1 210
Operating Margin 44.63% 38.93% 26.52% 31.67% 37.46% 30.62%
Earnings before Tax (EBT) 1 380.7 736.8 107.7 367.6 513.9 338.5
Net income 1 313.4 605.1 90.23 331.2 455.1 270.8
Net margin 42.96% 69.46% 12.95% 50.48% 65.82% 39.49%
EPS 2 0.2188 0.4220 0.0630 0.2310 0.3177 0.1890
Free Cash Flow 1 365.7 468.5 173.9 163.1 253.8 82.87
FCF margin 50.13% 53.78% 24.95% 24.86% 36.71% 12.08%
FCF Conversion (EBITDA) 104.88% 129.05% 78.64% 69.21% 87.58% 33.82%
FCF Conversion (Net income) 116.71% 77.43% 192.68% 49.24% 55.77% 30.6%
Dividend per Share 2 0.0350 0.0400 0.0350 0.0350 0.0350 0.0400
Announcement Date 4/2/19 4/9/20 4/1/21 4/6/22 4/5/23 4/4/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 202 408 345 367 247 287
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.5788 x 1.124 x 1.562 x 1.557 x 0.8529 x 1.172 x
Free Cash Flow 1 366 469 174 163 254 82.9
ROE (net income / shareholders' equity) 4.53% 8.84% 0.99% 4.06% 5.61% 3.37%
ROA (Net income/ Total Assets) 2.44% 2.43% 1.29% 1.43% 1.74% 1.37%
Assets 1 12,845 24,894 7,020 23,103 26,176 19,788
Book Value Per Share 2 4.740 5.100 5.120 5.300 5.570 5.720
Cash Flow per Share 2 0.1700 0.1300 0.1300 0.1300 0.1300 0.1300
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/2/19 4/9/20 4/1/21 4/6/22 4/5/23 4/4/24
1SGD in Million2SGD
Estimates
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