- We forecast Sheng Siong (SGX:OV8)'s revenue and earnings to grow at a 2024–27 CAGR of 8% and 9%, underpinned by resilient macro conditions (refer to: Sheng Siong Group: On The Right Side Of Singapore’s Growth Story), ongoing new store additions, and potential market share gains as a key competitor remains in retreat.
Above-trend growth to sustain over medium term.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
- Sheng Siong's share price is trading at 20x P/E, in line with peers, and offers a superior growth and margin profile. Reiterate BUY.
3Q25 review: Trending ahead.
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Hussaini Saifee Maybank Research | https://www.maybanktrade.com.sg/ 2025-11-03
Read also Maybank's most recent report:
2026-05-04 Sheng Siong - Resilient Growth For A Defensive Name.
Previous report by Maybank:
2026-03-02 Sheng Siong - Above-trend Growth To Sustain Over Medium Term.
Price targets by 5 other brokers at Sheng Siong Target Prices.
Listing of research reports at Sheng Siong Analyst Reports.
Relevant links:
Sheng Siong Share Price History,
Sheng Siong Announcements,
Sheng Siong Dividend Payout Dates & Corporate Actions,
Sheng Siong News
