ST Engineering - OCBC Investment Research 2025-11-14: Unlocking Value

ST Engineering: Unlocking Value

Published:
ST Engineering (SGX:S63) | SGinvestors.io
  • Strong revenue growth across segments – ST Engineering’s revenue rose 13% y-o-y to S$3.1b in 3Q25, driven by solid contributions from Commercial Aerospace (+22% y-o-y), Defence & Public Security (+5% y-o-y) and Urban Solutions & Satcom (+15% y-o-y).
  • - Read this at SGinvestors.io -

Projected FY25 dividend of S$0.23.

  • An interim dividend of 4.0 Singapore cents was declared for 3Q25. See ST Engineering's dividend payout date.
  • Separately, ST Engineering proposed a final dividend of 6.0 Singapore cents and a special dividend of 5.0 cents, which could bring the projected FY25 dividends to 23.0 Singapore cents, subject to approval.

Robust order book and contract wins support revenue visibility.

  • - Read this at SGinvestors.io -
  • We believe the enlarged backlog provides solid visibility for revenue conversion through 2026.

The quarter also saw a mix of one-off gains and impairments that impacted reported profitability.

  • Read more at SGinvestors.io.



Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.



OCBC Research Team OCBC Investment Research | https://www.iocbc.com/ 2025-11-14



Previous report by OCBC:
2025-10-07 ST Engineering - Defence Is The Best Offence.

Price targets by 3 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






Advertisement

You May Also Like



SGX Stock / REIT Search

-

Most Read

Use Trust Referral Code PGKPSWAE to sign up NTUC Link or Trust Link Credit Card or open a Trust Bank savings account this November: ✨Earn up to S$1,000 cashback reward 🎟 and win an XPENG G6 SUV 🚙 !
Find out more
-