XSESCJLU
Market cap2.44bUSD
Dec 20, Last price
0.85SGD
1D
0.59%
1Q
-6.08%
IPO
5.59%
Name
NetLink NBN Trust
Chart & Performance
P/E
32.09
P/S
8.05
EPS
0.03
Div Yield, %
6.20%
Shrs. gr., 5y
—
Rev. gr., 5y
3.07%
Revenues
411m
+1.54%
Net income
103m
-5.53%
CFO
289m
+1.02%
Dividend
May 29, 20240.0265 SGD/sh
Earnings
May 14, 2025
Profile
NetLink NBN Trust owns, designs, builds, and operates the passive fibre network infrastructure for residential homes and non-residential premises, and non-building address point (NBAP) connections in mainland Singapore and its connected islands. Its passive fibre network infrastructure includes ducts, manholes, fibre cables, and central offices. As of March 31, 2022, it had an approximately 1,464,217 residential; 50,278 non-residential; and 2,404 NBAP end-user connections. The company was incorporated in 2017 and is based in Singapore.
Valuation
Title SGD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | 2020‑03 | 2019‑03 | 2018‑03 | 2017‑03 | 2016‑03 | |
| Income | |||||||||
Revenues | 411,276 1.54% | 405,040 7.17% | 377,950 2.04% | ||||||
Cost of revenue | 246,041 | 73,676 | 95,496 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 165,235 | 331,364 | 282,454 | ||||||
NOPBT Margin | 40.18% | 81.81% | 74.73% | ||||||
Operating Taxes | (2,143) | 36 | 4,184 | ||||||
Tax Rate | 0.01% | 1.48% | |||||||
NOPAT | 167,378 | 331,328 | 278,270 | ||||||
Net income | 103,209 -5.53% | 109,253 19.71% | 91,262 -3.74% | ||||||
Dividends | (205,371) | (202,253) | (199,135) | ||||||
Dividend yield | 6.16% | 6.03% | 5.24% | ||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
| Debt | |||||||||
Debt current | 2,273 | (35,286) | 158,036 | ||||||
Long-term debt | 827,805 | 795,220 | 544,099 | ||||||
Deferred revenue | 5,133 | 5,530 | 8,232 | ||||||
Other long-term liabilities | 794 | 1,059 | (498,770) | ||||||
Net debt | 625,167 | 466,082 | 464,990 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 288,612 | 285,692 | 258,731 | ||||||
CAPEX | (124,285) | (96,739) | (73,879) | ||||||
Cash from investing activities | (127,630) | (96,733) | (73,865) | ||||||
Cash from financing activities | (178,772) | (138,073) | (205,584) | ||||||
FCF | 259,982 | 396,152 | 376,185 | ||||||
| Balance | |||||||||
Cash | 182,914 | 198,957 | 149,818 | ||||||
Long term investments | 21,997 | 94,895 | 87,327 | ||||||
Excess cash | 184,347 | 273,600 | 218,248 | ||||||
Stockholders' equity | 2,522,665 | 2,631,831 | 2,716,446 | ||||||
Invested Capital | 3,140,846 | 3,130,073 | 3,172,592 | ||||||
ROIC | 5.34% | 10.51% | 8.65% | ||||||
ROCE | 4.37% | 8.56% | 7.29% | ||||||
| EV | |||||||||
Common stock shares outstanding | 3,896,971 | 3,896,971 | 3,896,971 | ||||||
Price | 0.86 -0.58% | 0.86 -11.79% | 0.98 3.17% | ||||||
Market cap | 3,331,910 -0.58% | 3,351,395 -11.79% | 3,799,547 3.17% | ||||||
EV | 3,957,077 | 3,817,477 | 4,264,537 | ||||||
EBITDA | 338,163 | 501,981 | 452,177 | ||||||
EV/EBITDA | 11.70 | 7.60 | 9.43 | ||||||
Interest | 35,182 | 22,748 | 9,639 | ||||||
Interest/NOPBT | 21.29% | 6.86% | 3.41% | ||||||