Earnings Alerts

ST Engineering (STE) Earnings: FY Net Income Aligns with Projections, Surpassing Operational Estimates

By February 27, 2025 No Comments
  • ST Engineering reported a net income of S$702.3 million, closely aligning with the estimate of S$702 million.
  • Operating income for the year was S$1.01 billion, exceeding the expected S$990.3 million.
  • The company’s revenue came in at S$11.28 billion, slightly below the anticipated S$11.3 billion.
  • Aerospace sector revenue was reported at S$4.38 billion, which did not meet the estimate of S$4.55 billion.
  • Urban solutions and Satcom generated revenue of S$1.96 billion, just shy of the S$1.97 billion forecast.
  • Revenue from defense and public security was S$4.93 billion, surpassing the estimate of S$4.82 billion.
  • EBIT (Earnings Before Interest and Taxes) stood at S$1.08 billion.
  • Market analysis indicates 11 buy recommendations, 3 hold advisories, and no sell suggestions for ST Engineering.

A look at ST Engineering Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.2

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 strong presence worldwide, is positioned favorably for the long term based on the Smartkarma Smart Scores. With a high Momentum score of 5, the company demonstrates robust performance trends that could drive future growth. Additionally, scoring a 4 in Growth reflects the company’s potential for expansion and development in various segments. While Value and Resilience scores are moderate at 2, indicating some room for improvement in these areas, the Dividend score of 3 suggests a stable payout to investors.

Overall, ST Engineering‘s diversified operations across aerospace, smart city, defence, and public security segments position it well for sustained growth. The company’s commitment to leveraging technology and innovation to address real-world challenges sets a solid foundation for future success. With a solid presence in over 100 countries, including key markets in Asia, Europe, the Middle East, and the U.S., ST Engineering is a prominent player in the industry with a proven track record of delivering value to its stakeholders.


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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