- ST Engineering‘s revenue for the first nine months of 2024 was S$8.30 billion, marking a 14% increase compared to the previous year.
- The company’s order book at the end of the period stood at S$26.9 billion.
- Revenue from the Commercial Aerospace sector was S$3.29 billion, up 16% year-over-year.
- The Urban Solutions and Satcom sector recorded revenues of S$1.37 billion, experiencing a slight growth of 0.3% compared to last year.
- Defence and Public Security revenue reached S$3.64 billion, reflecting an 18% increase over the previous year.
- ST Engineering declared an interim dividend of S$0.04 per share for the third quarter.
- The company’s stock received 12 buy ratings and 2 hold ratings, with no sell recommendations.
A look at ST Engineering Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ST Engineering, a global technology, defence, and engineering group, with a presence in multiple continents and a wide customer base worldwide, is positioned for a positive long-term outlook. Based on Smartkarma’s Smart Scores, the company shows strength in growth and momentum, indicating potential for future expansion and market performance. The high scores in these areas suggest that ST Engineering is well-positioned to capitalize on opportunities and drive sustained growth over time. Despite lower scores in value and resilience factors, the company’s strong focus on innovation and technology-driven solutions bodes well for its competitive edge in the industry.
ST Engineering‘s emphasis on growth and momentum, with a commitment to leveraging technology to address real-world challenges, positions it favorably for long-term success. The company’s diverse portfolio of businesses across aerospace, smart city, defence, and public security segments, coupled with its global reach and strong revenue figures, underpin its potential for continued growth and market leadership in the future. Investors may find ST Engineering to be a promising prospect for long-term investment, given its robust growth prospects and innovative approach to driving value and momentum in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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