The Motley Fool Singapore
Is Sembcorp Industries Limited’s Share Price A Bargain Now?
Sembcorp Industries Limited (SGX: U96) is a Singapore-listed conglomerate with three business divisions – Utilities (Energy, Water, Waste Management), Marine (a 61% ownership of Sembcorp Marine Ltd (SGX: S51)) and Urban Development. Between 1 Jan to 31 Dec 2018, Sembcorp’s total return, which includes reinvested dividends, came in at a negative 15%, compared to a negative 6.5% for the Straits Times Index (SGX: ^STI). With the sharp pullback in Sembcorp’s shares, is Sembcorp Industries a bargain? For this we will be using four metrics, namely, the price-to-earnings (P/E) ratio, the price-to-book (P/B) ratio, the dividend yield and the net-debt-to-equity ratio. Sembcorp Industries has a trailing twelve months (TTM) earnings per share of S$0.12. With the industrial conglomerate’s cu