EN DE

SINGAPORE TECH ENGINEERING LTD (S63) Fair Value & Analysis

Industrials · SG · Market cap 33.8B SGD (≈ $26.7B) · ISIN SG1F60858221

What is SINGAPORE TECH ENGINEERING LTD really worth?

ST SINGAPORE TECH ENGINEERING LTD S63 · SG
Price10.48 SGD
Fair Value4.54 SGD
Upside−56.7%
Quality58/100

A solid business, but trading 131% above our fair value of 4.54 SGD.

Watch SINGAPORE TECH ENGINEERING LTD for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

✓Moderate debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +11.5 %/yr)
!Thin margins · 3.8% net margin
!Mixed vs. peers (8/15)
!Narrow moat 43/100
!Evidence only medium, so the estimate is less certain

For context

·1.62% dividend yield
Evidence: Medium Range 3.28 SGD – 5.67 SGD

Fair value as of: Aug 29, 2026

From 24 valuation models · updated 6 days ago

Fair value updated Aug 29, 2026, revised from 2.52 SGD to 4.54 SGD (+80.0%) since Aug 13, 2026. Share price +2.1% over the past month.

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (5.67 SGD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

11.38 SGD 2.75 SGD Fair Value 4.54 SGD Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 29, 2026.

How to read this chart

60‑month range 2.75 SGD – 11.38 SGD · fair‑value band 3.28 SGD – 5.67 SGD · the 10.48 SGD price screens above the 4.54 SGD fair value. Dashed = 300-day average. As of Aug 29, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

SINGAPORE TECH ENGINEERING LTD (S63) currently trades at 10.48 SGD, while our model-based Fair Value estimate is 4.54 SGD, implying the stock looks roughly 131.1% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of 3.71 SGD per share, and 0 of the 24 models we run sit above the 10.48 SGD price. Bear case: the Asset-Based group reads lowest at 0.5500 SGD, and 24 of the 24 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, SINGAPORE TECH ENGINEERING LTD generated revenue of 12.3B SGD at a net margin of 3.8%. Revenue grew 11.7% year over year. It earns a return on equity of 16.9%. Net debt stands at 3.6B SGD. Fundamentals as of Aug 29, 2026

Our scenario range runs from 3.28 SGD (bear case) to 5.67 SGD (bull case); at 10.48 SGD, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 9% below its 52-week high and 42% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at −44% fair-value upside, at −57%, S63 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (0.5500 SGD to 6.41 SGD). Read the values as a conservative anchor, not as a price target.
Model Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF best evidence 3.65 SGD 6.41 SGD 10.82 SGD 78
Growth DCF 3.68 SGD 6.38 SGD 10.68 SGD 76
5Y EBITDA Exit 2.57 SGD 4.44 SGD 6.63 SGD 74
All 24 models by family
DCF Models
FCF DCF best evidence 3.65 SGD 6.41 SGD 10.82 SGD 78
Owner Earnings 0.9200 SGD 1.93 SGD 3.55 SGD 73
5Y Revenue Exit 1.58 SGD 2.52 SGD 3.67 SGD 72
5Y EBITDA Exit 2.57 SGD 4.44 SGD 6.63 SGD 74
5Y P/E Exit 2.20 SGD 3.71 SGD 5.32 SGD 70
10Y Revenue Exit 2.23 SGD 3.30 SGD 4.68 SGD 67
10Y EBITDA Exit 2.91 SGD 4.65 SGD 7.02 SGD 67
10Y P/E Exit 2.67 SGD 4.14 SGD 5.98 SGD 63
Earnings-Based
Graham-Dodd 1.01 SGD 3.69 SGD 4.98 SGD 64
Lynch FV 0.8800 SGD 1.25 SGD 1.63 SGD 61
PEG = 1.0 0.8800 SGD 1.25 SGD 1.63 SGD 57
EPV 0.4600 SGD 0.6500 SGD 0.8100 SGD 73
Multiples
P/E Multiple 2.34 SGD 3.11 SGD 3.89 SGD 63
P/S Multiple 1.89 SGD 2.52 SGD 3.15 SGD 58
P/B Multiple 1.89 SGD 2.52 SGD 3.15 SGD 55
EV/EBIT 1.06 SGD 1.63 SGD 2.20 SGD 65
EV/EBITDA 2.31 SGD 3.30 SGD 4.29 SGD 67
EV/Revenue 0.5700 SGD 1.09 SGD 1.61 SGD 52
Asset-Based
NCAV (Graham) 0.4100 SGD 0.5500 SGD 0.8200 SGD 54
Growth DCF
Growth DCF 3.68 SGD 6.38 SGD 10.68 SGD 76
Rev-Margin DCF 1.58 SGD 2.57 SGD 3.77 SGD 72
Economic Profit
Residual Income 0.9800 SGD 1.29 SGD 4.50 SGD 64
ROIC Compounder 0.4600 SGD 0.6500 SGD 0.8100 SGD 72
Growth Earnings
Growth-Adj P/E 1.65 SGD 2.36 SGD 3.07 SGD 67

Widest divergence: DCF Models (3.71 SGD) versus Asset-Based (0.5500 SGD). Highest evidence: FCF DCF (78).

Notify me when S63 reaches fair value

Put S63 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 69.9
P/S ratio 2.62 P/E × margin
EPS (TTM) 0.1500 SGD price ÷ EPS = P/E 69.9
Dividend yield 1.6% payout 113%
Net margin 3.7% FY2025
Return on equity 16.9% TTM
More key figures
Profitability
Return on assets (EBIT) 4.8% avg 5y
Operating margin 9.1% TTM
Growth
Revenue (TTM) 12.3B SGD TTM
Revenue growth (YoY) +11.7% 3y avg +11.0%
EPS growth (YoY) −83.7%
Balance sheet & cash flow
Free cash flow 1.1B SGD FY2025
Net debt 3.6B SGD FY2025 · ≈ 3.2 yrs of FCF

Figures from reported company fundamentals · as of Aug 29, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 55 · Market factors (momentum, volatility) 68

Profitability 41
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 89
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 74
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Singapore Technologies Engineering Ltd operates as a technology, defence, and engineering company worldwide. The company operates through Commercial Aerospace, Defence & Public Security, and Urban Solutions & Satcom segments.

Full company description

Singapore Technologies Engineering Ltd operates as a technology, defence, and engineering company worldwide. The company operates through Commercial Aerospace, Defence & Public Security, and Urban Solutions & Satcom segments. It provides cabin interiors and engineering solutions; turnkey solutions for composite panels; passenger-to-freighter conversion services; nacelles and aerostructures solutions; precision manufacturing services; unmanned aircraft system solutions; maintenance, repair, and overhaul (MRO) services for airframes, engines, and components; and aviation asset management services, including aircraft and engine leasing. It also offers integrated transport operations center; smart mobility solutions, including smart metro systems, smart rail MRO solutions, commercial and electric vehicles, fleet management systems, smart traffic systems, tolling and congestion pricing solutions, and mobility services, as well as AGIL Bus Rapid Transit, a future-ready mobility system that offers both rail and bus systems; smart security, lighting, water, and sensors; digital platforms; AGIL Smart Energy Building solutions; digital health, financial technologies, and urban environment solutions. In addition, the company provides defense and security solutions for air, land, and sea; smart facilities; training and simulation systems; logistics and facilities management, advanced manufacturing, and critical infrastructure solutions; homeland security; maritime systems; cybersecurity, data science, analytics, and AI solutions; cloud and data orchestration services; advanced connectivity solutions; and business process outsourcing services. Further, it designs and delivers robust command, control, communications, computers, cybersecurity, intelligence, surveillance, and reconnaissance solutions; and Wing-in-Ground craft solutions. The company was founded in 1967 and is headquartered in Singapore.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SINGAPORE TECH ENGINEERING LTD reported revenue of 12.3B SGD in FY2025 versus 7.7B SGD in FY2021, a compound +12.6%/yr. Reported net income was 463M SGD in FY2025, compounding −5.1%/yr from FY2021.

Growth Quality 89/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
12.3B SGD
Latest YoY
+9.5%
Avg. revenue growth/yr (3Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.0%
Avg. revenue growth/yr (5Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.5%
Avg. revenue growth/yr (12Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.3%
Value creation/yr (5Y) ⓘEarnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−2.5% (−4.1 + 1.6)
Revenue +12.6%/yr
FY21 7.7B SGD
FY22 9.0B SGD
FY23 10.1B SGD
FY24 11.3B SGD
FY25 12.3B SGD
Net income −5.1%/yr
FY21 571M SGD
FY22 535M SGD
FY23 586M SGD
FY24 702M SGD
FY25 463M SGD

S63 screens 131% overvalued. Compare with General Electric Company →

Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

SINGAPORE TECH ENGINEERING LTD · Fair Value
4.54 SGD −131%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "SINGAPORE TECH ENGINEERING LTD Fair Value". https://www.fairvalue-calculator.com/stock/S63

Peer Group

Aerospace & Defense · 229 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 58 · Above median
Fair Value upside −57% · Below median
Return on equity (TTM) 17% · Above median
Return on assets 4% · Above median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 9% · Below median
Revenue growth 12% · Above median
Dividend yield (TTM) 1.6% · Above median
Debt / equity 1.01× · Higher than 75% of peers

Valuation Multiples vs Aerospace & Defense median · lower = cheaper

P/E (TTM) 69.9× · Pricier than 75% of peers
P/B 10.38× · Pricier than 75% of peers
P/S (TTM) 2.16× · Cheaper than median
P/FCF 23.7× · Pricier than median
EV/EBITDA 18.7× · Cheaper than median
PEG 0.86× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE59 · sector 50
PAST68 · sector 38
HEALTH50 · sector 93
DIVIDEND32 · sector 16

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Weapons Defense

Similar stocks

10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Aug 29, 2026).

Stock Price Fair Value vs Fair Value
General Electric Company GE $335.71 $116.71 −65%
RTX Corporation RTX $212.08 $88.37 −58%
Airbus SE AIR €213.00 €117.01 −45%
Lockheed Martin Corporation LMT $565.89 $419.01 −26%
Howmet Aerospace Inc HWM $264.85 $50.43 −81%
General Dynamics Corporation GD $379.32 $274.32 −28%
Northrop Grumman Corporation NOC $545.57 $356.59 −35%
TransDigm Group TDG $1,235 $571.03 −54%
L3Harris Technologies, Inc LHX $262.82 $146.55 −44%
Thales S.A HO €243.70 €171.13 −30%

Compare SINGAPORE TECH ENGINEERING LTD with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is SINGAPORE TECH ENGINEERING LTD (S63) overvalued or undervalued?
As of Aug 29, 2026, our model estimates a fair value of 4.54 SGD versus a price of 10.48 SGD, about −57% upside (overvalued).
What is the fair value of S63?
Our model-based fair value for SINGAPORE TECH ENGINEERING LTD is 4.54 SGD (as of Aug 29, 2026), built from audited fundamentals. The current price: 10.48 SGD.
What is the quality score of S63?
SINGAPORE TECH ENGINEERING LTD has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of SINGAPORE TECH ENGINEERING LTD (S63)?
SINGAPORE TECH ENGINEERING LTD reported trailing-twelve-month revenue of about 12.3B SGD (latest available figure, as of Aug 29, 2026).
What is the net profit margin of S63?
The net profit margin of SINGAPORE TECH ENGINEERING LTD is about 3.8%, meaning it keeps roughly 3.8% of revenue as net income. Based on the latest reported figures.
Does SINGAPORE TECH ENGINEERING LTD pay a dividend?
SINGAPORE TECH ENGINEERING LTD currently shows a dividend yield of about 1.62% relative to its recent price (as of Aug 29, 2026).
Free · no account needed

Watch SINGAPORE TECH ENGINEERING LTD in the live analysis

One click puts SINGAPORE TECH ENGINEERING LTD on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.