- Historical valuation benchmarks no longer do justice to ST Engineering’s higher growth trajectory; notable PEG discount and earnings visibility justify.
- ST Engineering has significantly exceeded its 2021 Investor Day targets, meeting several of its 2026 objectives two to three years ahead of schedule, underscoring the strength of its execution.
- - Read this at SGinvestors.io -
- While the group has guided for healthy top-line growth across all segments, we are excited about the group’s high-single-digit revenue guidance for the defence and public security segment, which enjoys the highest margins.
We are also encouraged by ST Engineering’s emphasis on cost control.
- - Read this at SGinvestors.io -
The only less positive update is the group’s new dividend policy:
- Read more at SGinvestors.io.
Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.
Jason SUM CFA DBS Group Research | https://www.dbs.com/insightsdirect/ 2025-04-04
Read also DBS's most recent report:
2026-05-18 ST Engineering - 1Q26 In-Line, With Structural Tailwinds Intact.
Previous report by DBS:
2026-04-02 ST Engineering - International Defence Inflection In Motion.
Price targets by 4 other brokers at ST Engineering Target Prices.
Listing of research reports at ST Engineering Analyst Reports.
Relevant links:
ST Engineering Share Price History,
ST Engineering Announcements,
ST Engineering Dividend Payout Dates & Corporate Actions,
ST Engineering News
