singapore exchange ltd (SGX:Singapore)
singapore exchange ltd (SGX) Snapshot
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Open
$7.66
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Previous Close
$7.73
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Day High
$7.74
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Day Low
$7.55
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52 Week High
02/4/13 - $7.85
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52 Week Low
06/4/12 - $6.05
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Market Cap
8.1B
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Average Volume 10 Days
1.5M
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EPS TTM
$0.29
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Shares Outstanding
1.1B
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EX-Date
04/22/13
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P/E TM
26.2x
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Dividend
$0.27
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Dividend Yield
3.57%
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singapore exchange ltd (SGX) Latest News
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Singapore Exchange Limited operates as an integrated securities and derivatives exchange in Singapore and related clearing houses. The company provides listing, trading, clearing, depository, market data, and connectivity services; and member services and issuer services for the securities and derivatives market, as well as counterparty guarantee services. Its security products include stocks, American depository receipts, business trusts, company warrants, global depository receipts, real estates investment trusts, securities borrowing and lending, stapled securities, certificates, exchange traded funds, exchange traded notes, extended settlement, and structured warrants; and fixed income products comprise retail bonds, retail preference shares, SGS bonds, and wholesale bonds. The company’s derivative products include equity index, interest rates, and dividend index; commodities comprise agriculture, energy, and metals; and bulk commodities include freight, foreign exchange forwards, interest rate swaps, and oil. It also operates SGX AsiaClear, a clearing platform for over-the-counter traded financial derivatives for technically specified rubber 20 (TSR20) rubber contract, bulk commodities, freight, interest rate swaps, and oil derivatives, as well as operates as a commodity exchange. In addition, the company provides data and information services, such as securities book, SGX derivatives quote, SGX news, SGX securities and derivatives market direct feed, SGX live data and news, historical market data, and broker services; and computer services and maintenance, and software maintenance services. Singapore Exchange Limited was incorporated in 1999 and is based in Singapore.
singapore exchange ltd (SGX) Top Compensated Officers
singapore exchange ltd (SGX) Key Developments
Singapore Exchange appoints Jenny Chiam to the position of Senior Vice President, Head of Securities. Prior to joining SGX, Chiam served as the Head of South East Asia Equities and as CEO of Nomura Securities Singapore. Chiam will take over the role from Nels Friets, SGX's current Head of Securities who came out of retirement in June 2011 for a two-year stint with the company. Friets will return to retirement and leave SGX at the end of August 2013. However, he will continue his engagement with SGX as Advisor. Chiam will join SGX on July 1, 2013 and report to Ramaswami.
Singapore Exchange Ltd. announced group and parent earnings results for the third quarter and nine months ended March 31, 2013. For the quarter, on group basis the company reported revenue of SGD 190.6 million against SGD 163.6 million a year ago. EBITDA was SGD 126.4 million against SGD 102.8 million a year ago. Net profit attributable to equity holders was SGD 97.7 million against SGD 77.8 million a year ago. Cash flows from operating activities were SGD 115.9 million against SGD 61.6 million a year ago. Capital expenditure was SGD 3.8 million against SGD 7.7 million a year ago. Operating cash flow per share was 10.8 cents against 5.8 cents a year ago. Diluted earnings per share were 9.10 cents against to 7.25 cents a year ago. Return on equity was 39.5% against 40.9% a year ago. Operating profit was SGD 115 million against SGD 93 million a year ago. Profit before tax was SGD 116.5 million against SGD 94.1 million a year ago. For the nine months, on group basis the company reported revenue was SGD 512.8 million against SGD 490.1 million a year ago. Earnings before interest, tax, depreciation and amortization were SGD 323.8 million against SGD 307.1 million a year ago. Net profit attributable to equity holders was SGD 248.3 million against SGD 230.7 million a year ago. Diluted earnings per share were 23.16 cents against to 21.54 cents a year ago. Return on equity was 39.5% against 40.9% a year ago. Capital expenditure was SGD 13.6 million against SGD 29.6 million a year ago. Operating cash flow per share was 26.0 cents against 22.9 cents a year ago. Cash flows from operating activities were SGD 278.5 million against SGD 244.1 million a year ago. Profit before tax was SGD 297.2 million against SGD 280.6 million a year ago. Net asset value per ordinary share as at March 31, 2013 was 74.69 cents against 72.02 cents a year ago. For the quarter, on parent basis the company reported operating revenue was SGD 84.810 million against SGD 71.363 million a year ago. Profit before tax was SGD 42.289 million against SGD 32.326 million a year ago. Net profit after tax attributable to equity holders of the company was SGD 41.735 million against SGD 31.925 million a year ago. For the nine months, on parent basis the company reported operating revenue was SGD 127.478 million against SGD 120.379 million a year ago. Profit before tax was SGD 139.396 million against SGD 137.994 million a year ago. Net profit after tax attributable to equity holders of the company was SGD 137.075 million against SGD 135.999 million a year ago. For the year 2013, the company’s capital expenditure is expected to be between SGD 30 million and SGD 35 million.
Singapore Exchange Ltd. announced that an interim tax-exempt dividend of 4 cents per ordinary share has been declared in respect of the financial results for the third quarter of the financial year 2013. The dividend is payable on May 2, 2013 to shareholders registered in the register of members and the transfer Books of the company as at 5.00 p.m. on April 24, 2013.
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Industry Analysis
SGX
Industry Average
| Valuation | SGX | Industry Range |
| Price/Earnings | 25.7x |
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| Price/Sales | 11.8x |
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| Price/Book | 9.9x |
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| Price/Cash Flow | 25.7x |
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| TEV/Sales | 10.9x |
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To contact SINGAPORE EXCHANGE LTD, please visit www.sgx.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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