Sats Ltd Intrinsic Stock Value – SATS LTD Reports Profitable Q1 Earnings for FY2024

August 17, 2023

☀️Earnings Overview

On August 15 2023, SATS LTD ($SGX:S58) reported their financial results for FY2024 Q1, ending on June 30, 2023. Compared to the same period last year, the company saw an increase in revenue to SGD 1198.6 million and a rise in net income to SGD 29.9 million, significantly higher than the figures from the previous year of SGD 375.5 million and -22.5 million respectively.

Share Price

On Tuesday, SATS LTD reported profitable Q1 earnings for FY2024, with its stock opening at SG$2.6 and closing at the same volume. This marks a 1.1% decrease from the last closing price of SG$2.6. SATS LTD attributed its success to its strong focus on cost control and efficiency. The company implemented various measures to reduce overhead and increase operational efficiency, resulting in improved profitability.

Additionally, the company stated that its strategic investments in digital transformation initiatives helped boost revenue and profitability. Overall, SATS LTD’s results for the first quarter of FY2024 indicate a promising outlook for the company. With a focus on cost control and strategic investments in digital transformation initiatives, SATS LTD is well-positioned to continue its growth trajectory for the rest of the financial year. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Sats Ltd. More…

    Total Revenues Net Income Net Margin
    2.58k 25.89 1.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Sats Ltd. More…

    Operations Investing Financing
    137.95 -1.74k 1.41k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Sats Ltd. More…

    Total Assets Total Liabilities Book Value Per Share
    8.15k 5.67k 1.55
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Sats Ltd are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    15.3% -0.6% 0.8%
    FCF Margin ROE ROA
    -0.8% 0.5% 0.1%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Sats Ltd Intrinsic Stock Value

    At GoodWhale, we have conducted an analysis of SATS LTD‘s financials. Using our proprietary Valuation Line, we have determined that the intrinsic value of the SATS LTD share is around SG$5.6. This presents investors with an opportunity to purchase an undervalued stock. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    It offers comprehensive services to the aviation industry, ranging from ground handling, catering, and airline operations to aviation engineering and cargo services. SATS Ltd faces competition from Cebu Air Inc, PT Jaya Trishindo Tbk, and Atlas Air Worldwide Holdings Inc, all of which provide similar services in the aviation industry.

    – Cebu Air Inc ($PSE:CEB)

    Cebu Air Inc is a Philippine-based airline operating flights to several international and domestic destinations. As of 2023, the company has achieved a market capitalization of 24.53 billion USD and a Return on Equity (ROE) of -3124.29%. Cebu Air Inc’s market cap demonstrates its size and financial strength within the industry, while its negative ROE indicates that the company is not generating profits from its shareholders’ investments. Cebu Air Inc’s efforts to increase its profitability are ongoing, through the introduction of new services and the expansion of existing ones.

    – PT Jaya Trishindo Tbk ($IDX:HELI)

    PT Jaya Trishindo Tbk is an Indonesia-based company that specializes in the production of paper, pulp and packaging products. As of 2023, the company has a market capitalization of 231.54 billion, making it one of the largest publicly traded companies in Indonesia. Its return on equity (ROE) of 5.55% indicates that the company is generating a healthy rate of return for its shareholders. The company’s strong financials and solid market capitalization demonstrate that it is well-positioned to continue to grow and develop in the future.

    – Atlas Air Worldwide Holdings Inc ($NASDAQ:AAWW)

    Atlas Air Worldwide Holdings Inc is a leading global provider of outsourced aircraft and aviation operating services. It is a publicly traded company with a market capitalization of 2.87 billion as of 2023. The company has maintained a healthy Return on Equity of 13.2%, indicating that it is an efficient and profitable business. Atlas Air Worldwide Holdings Inc provides air cargo charters and related services to customers around the world, and is a leader in providing safe and reliable air cargo services. The company also provides passenger charters and aircraft leasing services, enabling customers to access the most cost-effective solutions for their requirements.


    This is a clear indication of the company’s strong operational and financial performance, with investors likely to be attracted to the potential returns that can be generated by investing in this Singapore-based corporation. With the company’s solid financial and operational track record, investors should be optimistic about the long-term prospects of SATS LTD.

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