The Motley Fool Singapore
Singapore Telecommunications Limited’s Stock Is Down 17% From Its 52-Week High: Is It A Good Business?
Singapore Telecommunications Limited (SGX: Z74) or Singtel, is one of the three main telco in Singapore. The other two are M1 Ltd (SGX: B2F) and StarHub Ltd (SGX: CC3). The group has three main business segments, namely Consumer, Enterprise and Digital Life. At the current price of S$3.17 (at time of writing), the company’s stock is trading at 17% lower compared to its 52-week high of S$3.80. This decline captured my attention and got me interested in finding out more about the company. In particular, I want to understand: Does Singtel have a high-quality business? For me, this question is important. If Singtel has a high-quality business, the lower stock price could be an investment opportunity. Unfortunately, there’s no easy answer to the question. But a simple metric, the return on