Singapore Airlines (SINGY) vs. Its Peers Critical Survey

Singapore Airlines (OTCMKTS:SINGY) is one of 81 public companies in the “Passenger Airlines” industry, but how does it weigh in compared to its competitors? We will compare Singapore Airlines to similar businesses based on the strength of its earnings, profitability, risk, valuation, institutional ownership, dividends and analyst recommendations.

Dividends

Singapore Airlines pays an annual dividend of $0.40 per share and has a dividend yield of 3.4%. Singapore Airlines pays out 117.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Passenger Airlines” companies pay a dividend yield of 1.6% and pay out 23.2% of their earnings in the form of a dividend.

Institutional & Insider Ownership

0.0% of Singapore Airlines shares are owned by institutional investors. Comparatively, 41.7% of shares of all “Passenger Airlines” companies are owned by institutional investors. 10.5% of shares of all “Passenger Airlines” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Singapore Airlines and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Singapore Airlines	N/A	N/A	34.97
Singapore Airlines Competitors	$14.59 billion	$623.26 million	13.89

Singapore Airlines’ competitors have higher revenue and earnings than Singapore Airlines. Singapore Airlines is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Singapore Airlines and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Singapore Airlines	N/A	N/A	N/A
Singapore Airlines Competitors	-30.14%	9.98%	0.35%

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Singapore Airlines and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Singapore Airlines	0	1	0	0	2.00
Singapore Airlines Competitors	1465	3983	6538	344	2.47

As a group, “Passenger Airlines” companies have a potential upside of 46.89%. Given Singapore Airlines’ competitors stronger consensus rating and higher possible upside, analysts plainly believe Singapore Airlines has less favorable growth aspects than its competitors.

Summary

Singapore Airlines competitors beat Singapore Airlines on 10 of the 13 factors compared.

About Singapore Airlines

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments. The company also offers engineering services, pilot training services, air charters, and tour wholesaling and related services; and refurbishes aircraft galleys. In addition, it provides aircraft maintenance services, including technical and non-technical handling at the airport; maintenance, repair, and overhaul of aircraft and cabin components/systems; repair and overhaul of hydromechanical equipment; aviation insurance; and airframe maintenance and overhaul services, as well as manufactures aircraft cabin parts and tooling for the aerospace industry. Further, the company offers marketing and supporting portal services for the air cargo industry; and reservation service systems, as well as travel-related retail services. Additionally, it provides travel booking and related services through an online portal. As of March 31, 2023, the company operated a fleet of 195 aircrafts, including 188 passenger aircrafts and seven freighters. Singapore Airlines Limited was founded in 1947 and is based in Singapore.