ST Engineering: Wave 5 Ending Soon?

ST Engineering has been riding on a nice Elliott Wave. Currently ST Engineering looks like reaching the 261.8% Fibonacci Retracement Level on the Elliott Wave and probably finding resistance at this level.

2013Apr12-ST Engg-800x600

Key Statistics for STE

Current P/E Ratio (ttm) 22.8678
Estimated P/E(12/2013) 21.4500
Relative P/E vs. FSSTI 1.7353
Earnings Per Share (SGD) (ttm) 0.1876
Est. EPS (SGD) (12/2013) 0.2000
Est. PEG Ratio 3.3000
Market Cap (M SGD) 13,304.35
Shares Outstanding (M) 3,101.25
30 Day Average Volume 1,566,600
Price/Book (mrq) 6.9748
Price/Sale (ttm) 2.0654
Dividend Indicated Gross Yield 1.63%
Cash Dividend (SGD) 0.0980
Last Dividend 04/26/2013
5 Year Dividend Growth 0.51%
Next Earnings Announcement 05/09/2013

Fundamentally ST Engineering is over value base on PE & PEG ratio, Intrinsic Value base on 10 years DCF Model.

Intrinsic Value = $2.53

  • Net Operating Cash Flow (FY2012) = $1,040.8 Million
  • Total Debt = $1,068.4 Million
  • Beta = 0.38
  • Number of Shares Outstanding = 3,102 Million
  • 10 Year CAGR = 2.04%

See Previous analysis on ST Engineering.

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