|Bid||2.56 x 0|
|Ask||2.57 x 0|
|Day's range||2.5500 - 2.6000|
|52-week range||2.4300 - 3.4100|
|Beta (3Y monthly)||1.17|
|PE ratio (TTM)||28.88|
|Earnings date||21 Feb 2019|
|Forward dividend & yield||0.04 (1.53%)|
|1y target est||3.33|
We compare Sembcorp Industries Limited's current valuation to the rest of the market to see if it's a good value share to buy
SINGAPORE (Jan 3): Sembcorp Industries has signed an agreement to install and operate rooftop solar farms at three logistics warehouses in Singapore owned by Cache Logistics Trust. Under the arrangement, the integrated energy player will install, own and operate rooftop solar panels with a combined capacity of 7.9 MW peak, atop Cache’s Commodity Hub, Pandan Logistics Hub and Cache Changi Districentre 1. When completed, Commodity Hub will house Singapore’s largest rooftop solar facility to date, representing some 6.2 MW in peak capacity.
Sembcorp Industries Limited (SGX:U96) and Hongkong Land Holdings Limited (SGX:H78) are trading significantly below their book values now.
SINGAPORE (Nov 2): Sembcorp Industries announced 11.6% lower 3Q18 earnings of $82.3 million compared to $93.1 million a year ago, due to higher expenses incurred mainly from provision for fines. The marine business registered a loss of $17.9 million compared to its $60.4 million profit in 3Q17, which the group attributed to the sale of a semi-submersible as well as continued low overall business volume which impacted the absorption of overhead costs. Excluding the effect of the delivery and sale of two jack-up rigs, and revenue adjustments made in 3Q17, the segment’s turnover would have grown 27%.