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One of Singapore's three main telecom operators, providing mobile, broadband, pay-TV and enterprise ICT services.
One of Singapore's three main telecom operators, providing mobile, broadband, pay-TV and enterprise ICT services.
Earns recurring monthly fees from mobile, broadband and pay-TV subscribers, plus project fees from corporate ICT work, all in Singapore. Pay-TV has been shrinking as viewing shifts to streaming, so the company has been leaning on enterprise work and bundled home plans.
In one line: One of Singapore's three main telecom operators (mobile, broadband, pay-TV).
Moat: narrow (installed base, scale, regulatory licence). Established national network infrastructure as one of few licensed full telcos in a small, saturated market.
Headquarters: Singapore · Founded: 2000 · Employees: 1,545
Size StarHub (CC3.SI) is a Singapore Communication Services company (Specialty Telecommunications) with a market value of $1.41B, the 60th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$1.05 on 6 Nov 2026.
Performance Over six months the shares gained 4.0%, against -12.3% for the median peer and -1.2% for the Singapore market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue fell 8.3% over the last twelve months (peer median +5.3%); the operating margin is 4.6% (peer median 14.1%).
Valuation It trades at 48.0× forward earnings against a peer median of 19.7× (4th most expensive of 14).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.0 points above its cost of capital (5.0% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$2.19B | S$2.35B | S$2.37B | S$2.37B | S$2.33B |
| Revenue growth | — | -1% | 0% | +2% | — |
| Gross profit | S$557M | S$453M | S$579M | S$579M | S$522M |
| EBITDA | S$358M | S$386M | S$458M | S$465M | S$413M |
| Net income | S$291M | S$77.4M | S$153M | S$142M | S$54.3M |
| Free cash flow | S$155M | -S$51.3M | S$143M | S$165M | S$187M |
| Capital expenditure | S$173M | S$378M | S$199M | S$173M | S$162M |
| Total debt | n/a | S$1.99B | S$1.46B | S$1.44B | S$1.47B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| StarHub CC3.SI | $1.41B | +4% | -8% | 5% | 48.0× | 7.2% |
| Singapore Telecommunications Z74.SI | $52.2B | -14% | +1% | 8% | 21.7× | 21.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CC3.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.5% | +0.7% | 6th lowest of 21 |
| 6-month return | +4.0% | -12.3% | 6th highest of 21 |
| Distance from 52-week high | -13.9% | -26.3% | 4th highest of 21 |
| Revenue growth (TTM) | -8.3% | +5.3% | 2nd lowest of 21 |
| Operating margin | 4.6% | 14.1% | 6th lowest of 20 |
| Forward P/E | 48.0× | 19.7× | 4th most expensive of 14 |
| Growth the price implies (Req g, 7 yrs) | 7.2% | 7.8% | 7th least demanding of 14 |
| Growth delivered (Del g) | +3.0% | +8.4% | 5th lowest of 14 |
| Hurdle (Req g minus delivered) | +4.2 pp | -9.7 pp | 4th most demanding of 14 |
| ROIC minus cost of capital | +0.0 pp | +1.2 pp | 9th lowest of 20 |
| EV / EBITDA | 8.3× | 10.0× | 5th cheapest of 14 |
| Net debt / EBITDA | 3.2× | 1.1× | 5th most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| StarHub CC3.SI | Singapore | $1.41B | +4% | -8% | 5% | 48.0× | 7.2% | +3.0% |
| CITIC Telecom International 1883.HK | Hong Kong | $1.14B | -14% | 0% | 12% | 9.2× | -10.5% | +1.4% |
| Guomai Technologies 002093.SZ | China | $1.08B | -14% | +3% | 24% | n/a | 11.7% | +6.5% |
| Guangzhou Frontop Digital Creative Technology 301313.SZ | China | $1.02B | +90% | +1% | -31% | 93.0× | n/a | n/a |
| Ituran Location and Control ITRN | United States | $987M | -18% | +16% | 22% | 12.9× | -3.4% | +7.9% |
| U-NEXT 9418.T | Japan | $2.04B | +17% | +20% | 6% | 17.6× | 0.4% | +17.7% |
| Aussie Broadband ABB.AX | Australia | $968M | -13% | +9% | 7% | 14.7× | 13.1% | +29.9% |
| Net263 002467.SZ | China | $939M | -33% | +14% | -29% | n/a | n/a | n/a |
| cyber_Folks CBF.WA | Poland | $899M | +8% | +27% | n/a | 40.2× | n/a | n/a |
| Macquarie Technology MAQ.AX | Australia | $890M | -34% | +6% | 15% | 58.2× | n/a | n/a |
| Tata Teleservices (Maharashtra) TTML.NS | India | $824M | -11% | -1% | 44% | n/a | 22.7% | +2.1% |
| Chief Telecom 6561.TWO | Taiwan | $796M | +2% | -1% | 39% | 19.7× | -0.7% | +9.0% |
| Helios Towers HTWS.L | United Kingdom | $3.05B | -8% | +6% | 36% | 30.1× | 13.4% | +15.0% |
| freenet FNTN.DE | Germany | $3.06B | -7% | +10% | 14% | 11.4× | -11.3% | -1.1% |
| Telesat TSAT.TO | Canada | $644M | -18% | -24% | -8% | n/a | n/a | n/a |
| KINX 093320.KS | South Korea | $623M | +68% | +7% | 19% | 32.8× | 7.8% | +17.7% |
| Eastone Century Technology 300310.SZ | China | $575M | -24% | +3% | 0% | n/a | n/a | n/a |
| Juneyao Grand Healthy Drinks 605388.SS | China | $524M | -15% | +5% | -19% | n/a | n/a | n/a |
| PLDT, Inc. Sponsored ADR PHI | United States | $3.88B | -11% | -2% | 22% | 8.7× | -2.9% | +0.8% |
| Beijing Waluer Information Technology 301380.SZ | China | $440M | -14% | +7% | 7% | n/a | 16.4% | +16.4% |
| Iridium Communications IRDM | United States | $4.68B | +6% | +4% | 19% | 64.8× | 21.0% | +8.4% |