Employees: 9,627
Size SBS Transit (S61.SI) is a Singapore Industrials company (Other Transportation) with a market value of $866M, the 78th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$3.53 on 6 Nov 2026.
Performance Over six months the shares fell 1.7%, against -12.8% for the median peer and -1.2% for the Singapore market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 2.1% over the last twelve months (peer median +4.3%); the operating margin is 4.5% (peer median 17.1%).
Valuation It trades at 19.0× forward earnings against a peer median of 15.0× (3rd most expensive of 8).
Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 15.4 points above its cost of capital (5.0% WACC).
Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$1.56B | S$1.52B | S$1.56B | S$1.53B | S$1.52B |
| Revenue growth | — | -3% | +2% | +1% | — |
| Gross profit | S$262M | S$268M | S$251M | S$212M | S$212M |
| EBITDA | S$147M | S$151M | S$161M | S$171M | S$181M |
| Net income | S$59.5M | S$61.2M | S$70.3M | S$69.1M | S$68.0M |
| Free cash flow | S$134M | S$111M | S$33.4M | S$71.9M | S$175M |
| Capital expenditure | S$28.5M | S$24.3M | S$20.4M | S$15.7M | S$10.7M |
| Total debt | n/a | S$11.7M | S$17.7M | S$19.3M | S$79.1M |
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 | S61.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.8% | -1.0% | 8th lowest of 21 |
| 6-month return | -1.7% | -12.8% | 5th highest of 21 |
| Distance from 52-week high | -16.1% | -30.4% | 4th highest of 21 |
| Revenue growth (TTM) | +2.1% | +4.3% | 10th lowest of 21 |
| Operating margin | 4.5% | 17.1% | 6th lowest of 21 |
| Forward P/E | 19.0× | 15.0× | 3rd most expensive of 8 |
| Growth the price implies (Req g, 7 yrs) | -10.6% | 0.2% | 3rd least demanding of 19 |
| Growth delivered (Del g) | +4.3% | +7.9% | 4th lowest of 19 |
| Hurdle (Req g minus delivered) | -14.9 pp | -7.5 pp | 6th least demanding of 19 |
| ROIC minus cost of capital | +15.4 pp | -1.2 pp | 2nd highest of 20 |
| EV / EBITDA | 5.5× | 10.0× | 2nd cheapest of 7 |
| Net debt / EBITDA | -2.1× | 3.9× | 2nd least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| SBS Transit S61.SI | Singapore | $866M | -2% | +2% | 4% | 19.0× | -10.6% | +4.3% |
| Xiamen International Airport 600897.SS | China | $892M | -12% | +33% | 28% | 12.1× | -16.5% | +11.4% |
| Jilin Expressway 601518.SS | China | $822M | -1% | -13% | 48% | n/a | -20.5% | +10.0% |
| Xiandai Investment 000900.SZ | China | $822M | -14% | -6% | 20% | n/a | 2.8% | -14.7% |
| Beijing Capital International Airport 0694.HK | Hong Kong | $914M | -21% | +6% | 0% | 183.1× | 40.5% | +8.7% |
| Ningxia Western Venture Industrial 000557.SZ | China | $807M | -21% | +7% | 9% | n/a | 0.2% | +8.3% |
| Jiangsu Tongxingbao Intelligent Transportation Tech 301339.SZ | China | $948M | -17% | +9% | 20% | 13.8× | -4.9% | +17.9% |
| Sichuan Haite High-Tech 002023.SZ | China | $948M | -31% | +14% | -28% | n/a | 31.4% | +10.4% |
| Jiangsu Lianyungang Port 601008.SS | China | $765M | -13% | +5% | 15% | n/a | 1.9% | +9.7% |
| AZ-COM Maruwa 9090.T | Japan | $760M | -1% | +9% | 5% | 15.2× | n/a | n/a |
| Heilongjiang Transport Development 601188.SS | China | $746M | +13% | -4% | 27% | n/a | 0.4% | +7.0% |
| Guangxi Wuzhou Communications 600368.SS | China | $1.01B | +8% | -40% | 48% | n/a | n/a | n/a |
| CTS International Logistics 603128.SS | China | $1.02B | -5% | +15% | 3% | 15.0× | -5.1% | +5.0% |
| Dazhong Transportation (Group) 600611.SS | China | $1.02B | -12% | -12% | -9% | n/a | 5.8% | -3.3% |
| Shanxi Hi-speed 000755.SZ | China | $1.07B | -3% | +3% | 47% | n/a | -7.2% | +8.4% |
| Yuexiu Transport Infrastructure 1052.HK | Hong Kong | $699M | -19% | +9% | 36% | 6.2× | 0.1% | +7.4% |
| StorageVault Canada SVI.TO | Canada | $1.09B | -4% | +9% | 23% | n/a | 21.9% | +16.6% |
| Zhuhai Port 000507.SZ | China | $638M | -9% | 0% | 12% | n/a | -2.0% | +4.5% |
| Xizang Tianlu 600326.SS | China | $1.24B | -35% | -8% | 0% | 26.3× | 24.9% | -13.0% |
| Transport International 0062.HK | Hong Kong | $592M | -16% | +1% | 6% | n/a | -8.6% | +6.4% |
| Nanjing Port 002040.SZ | China | $576M | -21% | +2% | 31% | n/a | -4.8% | +6.7% |