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Operator of Resorts World Sentosa, a casino, hotel and entertainment resort in Singapore.
Operator of Resorts World Sentosa, a casino, hotel and entertainment resort in Singapore.
Casino gaming is the dominant earner, followed by hotel rooms and attractions such as Universal Studios Singapore, sold to leisure visitors. The Malaysian Genting group controls it. A multi-year expansion of the Sentosa resort, adding hotels and attractions, is the main change in its shape.
In one line: A Singaporean Las Vegas Sands/Wynn Resorts.
Moat: narrow (regulatory licence, installed base, scale). One of only two licensed casino operators in Singapore, a high-barrier regulated duopoly.
Headquarters: Singapore · Founded: 1984
Size Genting Singapore (G13.SI) is a Singapore Communication Services company (Movies/Entertainment) with a market value of $5.76B, the 20th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$0.61 on 6 Nov 2026.
Performance Over six months the shares fell 10.3%, against +11.1% for the median peer and -1.2% for the Singapore market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue grew 2.2% over the last twelve months (peer median +5.5%); the operating margin is 15.4% (peer median 9.5%).
Valuation It trades at 19.1× forward earnings against a peer median of 30.3× (6th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is -23 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.0 points above its cost of capital (5.0% WACC).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$2.44B | S$2.45B | S$2.53B | S$2.42B | S$1.73B |
| Revenue growth | — | -3% | +5% | +40% | — |
| Gross profit | S$817M | S$913M | S$1.02B | S$1.01B | S$632M |
| EBITDA | S$774M | S$813M | S$948M | S$1.02B | S$774M |
| Net income | S$312M | S$390M | S$579M | S$612M | S$340M |
| Free cash flow | S$168M | S$211M | S$437M | S$631M | S$692M |
| Capital expenditure | S$617M | S$669M | S$430M | S$390M | S$187M |
| Total debt | n/a | S$2.57M | S$3.43M | S$2.92M | S$5.54M |
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 |
|---|---|---|---|---|---|---|
| Genting Singapore G13.SI | $5.76B | -10% | +2% | 15% | 19.1× | -5.0% |
| Las Vegas Sands LVS | $25.5B | -23% | +11% | 22% | 14.2× | -2.5% |
| Melco Resorts & Entertainment Ltd. Sponsored ADR MLCO | $1.79B | -16% | +6% | 12% | 7.5× | -6.2% |
| Sands China 1928.HK | $11.4B | -30% | +9% | 26% | 12.9× | 2.5% |
| Galaxy Ent 0027.HK | $19.4B | +8% | +8% | 32% | 14.2× | 2.8% |
| MGM China 2282.HK | $4.85B | -12% | +11% | 31% | 9.3× | -3.1% |
| NagaCorp 3918.HK | $1.21B | -48% | +12% | 58% | 4.7× | -19.3% |
| Wynn Macau 1128.HK | $2.99B | -24% | +9% | 29% | 8.7× | -2.4% |
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 | G13.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.8% | +10.7% | 5th lowest of 20 |
| 6-month return | -10.3% | +11.1% | 5th lowest of 20 |
| Distance from 52-week high | -24.7% | -14.8% | 5th lowest of 20 |
| Revenue growth (TTM) | +2.2% | +5.5% | 8th lowest of 20 |
| Operating margin | 15.4% | 9.5% | 7th highest of 21 |
| Forward P/E | 19.1× | 30.3× | 6th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | -5.0% | 6.7% | 2nd least demanding of 17 |
| Growth delivered (Del g) | +18.2% | +16.7% | 8th highest of 17 |
| Hurdle (Req g minus delivered) | -23.2 pp | -14.8 pp | 5th least demanding of 17 |
| ROIC minus cost of capital | +1.0 pp | +1.7 pp | 10th lowest of 21 |
| EV / EBITDA | 5.7× | 12.3× | 2nd cheapest of 13 |
| Net debt / EBITDA | -3.8× | 3.2× | least indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Genting Singapore G13.SI | Singapore | $5.76B | -10% | +2% | 15% | 19.1× | -5.0% | +18.2% |
| Beijing Enlight Media 300251.SZ | China | $5.49B | -16% | -71% | -57% | 179.5× | n/a | n/a |
| Benefit Systems BFT.WA | Poland | $5.18B | +54% | +40% | 19% | 23.7× | 13.4% | +34.3% |
| CTS Eventim AG & Co. KGaA EVD.DE | Germany | $6.68B | +11% | +14% | 15% | 18.4× | 6.8% | +64.3% |
| Churchill Downs CHDN | United States | $6.71B | +11% | +4% | 26% | 13.6× | 2.3% | +22.7% |
| Cinemark CNK | United States | $4.51B | +44% | +13% | 15% | 14.8× | 2.4% | +35.3% |
| China Film 600977.SS | China | $4.48B | +16% | 0% | -9% | 141.5× | -7.1% | +10.4% |
| MSG Knickerbockers MSGK | United States | $7.51B | n/a | +11% | 3% | n/a | 61.1% | +22.6% |
| Lionsgate Studios LION | United States | $4.24B | +16% | -8% | 6% | 52.8× | 18.6% | -8.0% |
| Toei Animation 4816.T | Japan | $4.17B | +23% | -2% | 31% | 27.9× | 0.5% | +12.7% |
| Lottery TLC.AX | Australia | $8.47B | +4% | -5% | 16% | 33.3× | 9.9% | +3.8% |
| Manchester United MANU | United States | $3.90B | +15% | +5% | -2% | 142.1× | 18.3% | +6.5% |
| Banijay BNJ.AS | Netherlands | $3.83B | -13% | +7% | 14% | 8.0× | -4.5% | +18.1% |
| Madison Square Garden Entertainment MSGE | United States | $3.65B | +18% | +16% | 17% | 32.1× | 5.0% | +66.9% |
| DraftKings DKNG | United States | $9.19B | -27% | +15% | -3% | 55.1× | 9.7% | +58.0% |
| Toho 9602.T | Japan | $9.44B | +22% | +4% | 16% | 28.4× | 7.9% | +13.4% |
| Liberty Live Holdings, Inc. Registered Series -A- LLYVA | United States | $9.64B | +9% | n/a | -13% | n/a | n/a | n/a |
| Atlanta Braves BATRA | United States | $3.23B | +1% | +6% | -9% | n/a | n/a | n/a |
| Itv ITV.L | United Kingdom | $3.23B | -16% | +2% | 13% | 8.3× | -2.8% | +4.8% |
| Ruyi Film Entertainment 002739.SZ | China | $2.94B | -9% | -8% | 3% | 34.1× | 6.7% | +15.4% |
| AMC Entertainment AMC | United States | $2.80B | +109% | +6% | 5% | n/a | n/a | n/a |