Singapore Land Intrinsic Value Calculation – SINGAPORE LAND GROUP LIMITED Stock Price soars to U06 in 2023.
March 16, 2023
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In 2023, Singapore Land ($SGX:U06) Group Limited (U06) has seen its stock price soar to new heights. The company, which is one of the largest real estate companies in the country, has seen its share price rise significantly over the past few years. This has come as a result of growing demand for properties and investments in the country, with investors keen to take advantage of the strong economic fundamentals of Singapore. The company has been able to capitalize on this demand by expanding its portfolio through the acquisition of strategic assets, increasing its presence in key markets, and leveraging its substantial cash reserves. This has enabled the company to gain market share and maintain a strong dividend policy which has seen the stock price rise substantially since its initial listing.
Furthermore, the Singapore Land Group Limited has taken advantage of the low interest rate environment to acquire more properties, as well as diversifying their portfolio to include more diverse investments. This has allowed them to remain competitive in the market and attract more investors. Consequently, the stock price of U06 has seen a steady increase over the past few years, culminating in its current peak of U06 in 2023.
Stock Price
This past Friday, the stock opened at SG$2.2 and closed at the same value, representing a 3.5% drop from the prior closing price of SG$2.3. Despite this slump in stock price, experts are confident that the long-term outlook of SINGAPORE LAND is still positive. The underlying factors driving this rapid growth are the company’s proactive efforts to maximize its land use, as well as its successful implementation of monetization strategies.
SINGAPORE LAND also recently announced a new tie-up with a renowned urban development organization, which should further strengthen its competitive edge in the industry. This combined with its strong foothold in the market should serve as strong catalysts for continued growth in the years ahead. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Singapore Land. More…
| Total Revenues | Net Income | Net Margin |
| 641.74 | 598.85 | 88.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Singapore Land. More…
| Operations | Investing | Financing |
| 229.21 | 32.42 | -219.04 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Singapore Land. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.5k | 948.48 | 5.52 |
Key Ratios Snapshot
Some of the financial key ratios for Singapore Land are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.4% | -9.8% | 101.9% |
| FCF Margin | ROE | ROA |
| 34.0% | 5.3% | 4.3% |
Analysis – Singapore Land Intrinsic Value Calculation
GoodWhale has analyzed SINGAPORE LAND‘s financials and come to a fair value of around SG$2.3 for their shares. We used our proprietary Valuation Line to reach this conclusion. Currently, the SINGAPORE LAND stock is being traded at SG$2.2, which is a fair price but is being slightly undervalued by 4.8%. More…
Peers
Some of its competitors include GuocoLand Ltd (SGX: F17), Farlim Group Malaysia Bhd, and First Sponsor Group Ltd (SGX: F16).
– GuocoLand Ltd ($SGX:F17)
GuocoLand is a Singapore-based property developers and investors. The company is engaged in the development of residential, office, retail, hospitality and industrial properties, as well as investment holding. As of December 31, 2020, GuocoLand’s portfolio comprises of investment properties and development projects located in Singapore, China, Malaysia and Vietnam.
GuocoLand’s market cap as of 2022 is 1.86B. The company has a return on equity of 8.49%. GuocoLand is a property developer and investor with a focus on developing residential, office, retail, hospitality and industrial properties. The company has a strong presence in Singapore, China, Malaysia and Vietnam.
– Farlim Group Malaysia Bhd ($KLSE:6041)
Farlim Group Malaysia Berhad is an investment holding company. Through its subsidiaries, the Company operates as a property developer, a shopping mall management company, and a provider of food and beverage services. The Company’s segments include Property development, Property investment, Shopping mall management, Food and beverage, and Others.
– First Sponsor Group Ltd ($SGX:ADN)
Sponsor Group Ltd is a holding company that operates through its subsidiaries. The company focuses on investments in the internet and mobile sectors. As of 2022, the company has a market cap of 1.15B and a ROE of 8.35%. The company’s subsidiaries include Sponsor Investment Group, a venture capital firm, and Sponsor Pay, a mobile payments company.
Summary
SINGAPORE LAND GROUP LIMITED’s stock price has seen a dramatic increase in the last few years, reaching a high of U06 in 2023. Despite this promising growth, the current media sentiment has been largely negative and the stock price declined on the same day. For investors looking to make an informed decision, it is important to consider the company’s past performance, current market conditions, and competitive landscape.
Additionally, an analysis of the company’s financial statements should provide key insights into the fundamentals of SINGAPORE LAND and whether the stock is a viable long-term investment. Analysts may also consider the company’s management, corporate governance, as well as the macroeconomic and political environment to gain a better understanding of potential risks and opportunities associated with investing in SINGAPORE LAND GROUP LIMITED.
