SIA Engineering Company Ltd

Chart & Performance

D1W1MN

P/E

27.24

P/S

2.42

EPS

0.09

Div Yield, %

3.19%

Shrs. gr., 5y

0.12%

Rev. gr., 5y

1.40%

Revenues

1.09b

+37.47%

Net income

97m

+46.30%

CFO

100m

+55.39%

Dividend

Jul 25, 20240.06 SGD/sh

Earnings

May 08, 2025

Profile

SIA Engineering Company Limited, together with its subsidiaries, provides maintenance, repair, and overhaul (MRO) services to airline carriers and aerospace equipment manufacturers worldwide. The company operates through two segments, Airframe and Line Maintenance; and Engine and Component. The Airframe and Line Maintenance segment provides airframe maintenance, line maintenance, and fleet management programs. Its services include scheduled routine maintenance and overhaul, specialized and non-routine maintenance, and modification and refurbishment programs; aircraft certification and technical and non-technical ground handling services, such as push-back and towing, as well as the provision of aircraft ground support equipment and rectification work; and fleet technical management and inventory technical management services, which include the provision of engineering and MRO solutions. The Engine and Component segment provides component overhaul, and engine repair and overhaul services. SIA Engineering Company Limited also manufactures aircraft cabin parts and tooling for the aerospace industry; and provides repair and overhaul services for hydro-mechanical equipment for aircraft. In addition, it offers engine maintenance, parts repair, storage and preservation, material management, on-wing, and engine testing services. The company was incorporated in 1982 and is based in Singapore. SIA Engineering Company Limited is a subsidiary of Singapore Airlines Limited.

URL

https://www.siaec.com.sg/

IPO date

May 04, 2000

Employees

6,253

Domiciled in

Incorporated in

Valuation

Order:

Title SGD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title SGD in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03	2015‑03
Income
Revenues	1,094,217 37.47%	795,970 40.61%	566,086 27.79%
Cost of revenue	788,315	578,937	396,912
Unusual Expense (Income)
NOPBT	305,902	217,033	169,174
NOPBT Margin	27.96%	27.27%	29.88%
Operating Taxes	2,216	(996)	(18,611)
Tax Rate	0.72%
NOPAT	303,686	218,029	187,785
Net income	97,124 46.30%	66,389 -1.80%	67,608 -701.01%
Dividends	(84,284)
Dividend yield	3.29%
Proceeds from repurchase of equity	(4,013)	(5,013)	200
BB yield	0.16%	0.20%	-0.01%
Debt
Debt current	27,921	24,599	31,308
Long-term debt	187,815	203,300	105,355
Deferred revenue
Other long-term liabilities
Net debt	(1,179,291)	(486,855)	(556,032)
Cash flow
Cash from operating activities	100,398	64,609	29,200
CAPEX	(48,677)	(59,633)	(23,289)
Cash from investing activities	30,809	(19,460)	15,749
Cash from financing activities	(117,799)	(37,105)	(35,743)
FCF	348,808	156,736	198,328
Balance
Cash	645,950	632,989	625,477
Long term investments	749,077	81,765	67,218
Excess cash	1,340,316	674,956	664,391
Stockholders' equity	436,249	1,681,709	1,627,182
Invested Capital	1,377,427	1,116,978	1,022,293
ROIC	24.35%	20.38%	19.10%
ROCE	16.86%	12.11%	10.03%
EV
Common stock shares outstanding	1,128,055	1,127,228	1,126,189
Price	2.27 0.89%	2.25 -11.76%	2.55 17.51%
Market cap	2,560,685 0.96%	2,536,262 -11.68%	2,871,782 18.04%
EV	1,397,599	2,059,986	2,326,370
EBITDA	368,981	280,985	232,508
EV/EBITDA	3.79	7.33	10.01
Interest	4,386	1,949	2,633
Interest/NOPBT	1.43%	0.90%	1.56%