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Employees: 125
Size Straits Trading (S20.SI) is a Singapore Materials company (Other Metals/Minerals) with a market value of $541M, the 102nd largest of 186 Singapore companies the cockpit tracks. Shares closed at S$1.42 on 6 Nov 2026.
Performance Over six months the shares fell 13.9%, against -31.0% for the median peer and -1.2% for the Singapore market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 30.4% over the last twelve months (peer median +3.4%); the operating margin is 12.6% (peer median 4.6%).
Valuation It trades at 2.2× enterprise value to sales against a peer median of 2.9× (7th cheapest of 14).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is -14 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.8 points below its cost of capital (5.0% WACC).
Next results Next results expected around 26 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$756M | S$623M | S$565M | S$492M | S$528M |
| Revenue growth | — | +10% | +15% | -7% | — |
| Gross profit | S$146M | S$99.7M | S$93.4M | S$83.2M | S$82.7M |
| EBITDA | S$107M | S$62.0M | S$53.6M | S$57.9M | S$60.1M |
| Net income | -S$219M | -S$249M | -S$7.23M | -S$28.6M | S$551M |
| Free cash flow | S$84.2M | -S$10.8M | -S$3.75M | S$4.52M | S$47.0M |
| Capital expenditure | S$9.07M | S$13.5M | S$11.4M | S$20.9M | S$21.7M |
| Total debt | n/a | S$1.38B | S$1.75B | S$1.63B | S$1.40B |
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.
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 | S20.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.7% | -14.6% | 2nd highest of 21 |
| 6-month return | -13.9% | -31.0% | 4th highest of 21 |
| Distance from 52-week high | -25.3% | -47.0% | 3rd highest of 21 |
| Revenue growth (TTM) | +30.4% | +3.4% | 3rd highest of 13 |
| Operating margin | 12.6% | 4.6% | 5th highest of 14 |
| EV / Sales | 2.2× | 2.9× | 7th cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | 0.6% | 17.7% | 3rd least demanding of 7 |
| Growth delivered (Del g) | +15.1% | +5.1% | 3rd highest of 7 |
| Hurdle (Req g minus delivered) | -14.5 pp | +12.6 pp | least demanding of 7 |
| ROIC minus cost of capital | -1.8 pp | -6.8 pp | 6th highest of 19 |
| EV / EBITDA | 16.0× | 14.9× | 3rd most expensive of 6 |
| Net debt / EBITDA | 7.7× | 1.6× | 2nd most indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Straits Trading S20.SI | Singapore | $541M | -14% | +30% | 13% | 2.2× | 0.6% | +15.1% |
| Hootech 301026.SZ | China | $541M | -27% | +121% | 3% | 0.7× | n/a | n/a |
| Lumina Metals LMCU.TO | Canada | $544M | -33% | n/a | n/a | n/a | n/a | n/a |
| IsoEnergy ISO.TO | Canada | $549M | -30% | n/a | n/a | n/a | n/a | n/a |
| Puyang Refractories 002225.SZ | China | $550M | -28% | +2% | 2% | 1.1× | 24.5% | +5.7% |
| Gloria Material Technology 5009.TWO | Taiwan | $527M | -15% | +3% | 10% | 1.4× | n/a | n/a |
| Changzhou Zhongying Science & Technology 300936.SZ | China | $556M | -32% | +15% | -4% | 12.5× | n/a | n/a |
| Core Lithium CXO.AX | Australia | $516M | -35% | n/a | -160% | 33.3× | n/a | n/a |
| Guangdong Mingzhu 600382.SS | China | $512M | -36% | -6% | 18% | 3.6× | -4.3% | -9.4% |
| Deep Yellow DYL.AX | Australia | $510M | -57% | n/a | n/a | n/a | n/a | n/a |
| Bannerman Energy BMN.AX | Australia | $578M | -15% | n/a | n/a | n/a | n/a | n/a |
| OSAKA Titanium Technologies 5726.T | Japan | $584M | -18% | -8% | 13% | 2.9× | n/a | n/a |
| Qinghai Jinrui Mineral Development 600714.SS | China | $593M | -38% | -6% | 5% | 10.4× | 53.0% | +15.3% |
| Ruitai Materials Technology 002066.SZ | China | $489M | -40% | -1% | -4% | 1.5× | n/a | n/a |
| Meridian Mining MNO.TO | Canada | $598M | -8% | n/a | n/a | n/a | n/a | n/a |
| Xiamen Sunrise 002593.SZ | China | $485M | -25% | +5% | 8% | 1.1× | -7.2% | +4.1% |
| Lindian Resources LIN.AX | Australia | $481M | -50% | n/a | n/a | n/a | n/a | n/a |
| Shivalik Bimetal Controls SBCL.NS | India | $609M | +61% | +19% | 21% | 9.3× | 45.7% | +22.8% |
| Arafura Rare Earths ARU.AX | Australia | $610M | -56% | n/a | n/a | n/a | n/a | n/a |
| Ferroglobe GSM | United States | $477M | -37% | +4% | 0% | 0.4× | n/a | n/a |
| Ecora Royalties ECOR.L | United Kingdom | $475M | -4% | +168% | 48% | 7.7× | 11.0% | +4.5% |