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SATS Ltd.

SATS Ltd.

SPASF
SATS Ltd.US flagOther OTC
2.67
USD
- -
- -
3.94BMarket Cap
SATS Ltd.
SPASF
(Other OTC)

Recent

price

2.67

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1.16
1.44
1.55
1.51
1.49
1.45
1.47
1.46
1.55
1.64
0.82
1.01
1.47
3.46
3.91
- -
4.22
Revenue per Share
0.16
0.15
0.16
0.15
0.17
0.19
0.22
0.22
0.21
0.14
-0.07
0.02
-0.02
0.04
0.16
- -
0.19
Basic EPS, GAAP
0.17
0.14
0.21
0.21
0.2
0.23
0.26
0.21
0.25
0.21
0.1
0.05
0.07
0.34
0.6
- -
0.68
Free Cash Flow per Basic Share
0.12
0.16
0.25
0.14
0.12
0.13
0.15
0.16
0.17
0.18
- -
- -
- -
- -
0.03
- -
0.05
Dividend per Share
0.28
0.28
0.29
0.31
0.31
0.31
0.31
0.31
0.31
0.31
0.31
0.32
0.97
0.78
0.79
- -
0.78
Book Value per Share
0.97
1.2
1.11
1.12
1.15
1.2
1.3
1.36
1.24
1.17
1.09
1.1
1.67
-0.64
-0.47
- -
-0.35
Tangible Book Value per Share
1,166
1,172
1,175
1,184
1,180
1,172
1,176
1,181
1,179
1,181
1,183
1,164
1,193
1,487
1,490
- -
1,505
Basic Weighted Avg Shares
1,358
1,685
1,819
1,787
1,753
1,698
1,729
1,725
1,828
1,941
970
1,177
1,758
5,150
5,821
6,346
6,346
Sales/Revenue/Turnover
15.9
10.07
10.57
9.57
10.15
12.64
13.34
13.13
13.51
11.65
-0.27
-3.6
-2.73
4.74
8.17
8.56
4.45
Operating Margin (%)
96
109
93
77
68
70
73
78
85
118
130
120
176
536
560
603
- -
Depreciation Expense
191
171
185
180
196
221
258
261
248
168
-79
20
-26
56
244
285
285
Net Income, GAAP
17.02
16.56
16.47
15.5
15.15
17.64
15.63
17.43
16.73
17.91
- -
- -
- -
47.98
27.5
26.69
- -
Effective Tax Rate (%)
14.1
10.14
10.16
10.1
11.16
12.99
14.92
15.16
13.59
8.67
-8.14
1.73
-1.51
1.1
4.19
4.49
4.49
Profit Margin (%)
194
559
470
395
447
359
461
332
321
467
757
665
2,116
-841
-1,442
-73
-73
Working Capital
21
131
109
97
90
1
98
96
96
493
714
695
1,424
2,737
2,242
3,583
3,583
LT Debt
1,620
1,614
1,500
1,514
1,518
1,565
1,691
1,767
1,817
1,806
1,699
1,834
2,515
2,560
2,769
2,937
2,937
Total Equity
10.64
7.74
9.19
8.62
9.05
10.42
10.85
9.87
10.55
8.35
- -
- -
- -
2.37
4.99
5.57
- -
Return on Invested Capital (%)
41.26
28.29
32.31
31.61
35.72
40.58
45.85
44.07
38.96
18.47
- -
- -
- -
4.44
7.33
7.96
- -
Return on Capital (%)
62.49
52.5
55.6
51.07
53.19
59.95
70.1
71.06
67.51
45.76
-21.45
5.54
-3.48
4.87
20.87
24.28
24.28
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,265
- -
553
LT Borrowings
1,462
- -
2,129
LT Finance Leases
1,467
- -
1,454
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,491
1,486
1,477
Market Capitalization
4,938
4,416
5,616

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,977
- -
2,070
Cash, Cash Equivalents & STI
667
- -
752
Accounts Receivable, Net
1,150
- -
1,176
Inventories
87
- -
88
Total Current Liabilities
2,604
- -
2,142
Payables & Accruals
- -
- -
- -
ST Debt
1,265
- -
553
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.99%
12.22%
6.06%
Free Cash Flow
55.74%
122.72%
15.61%
Net Income, GAAP
-48.53%
-63.9%
16.98%
Sales/Revenue/Turnover
24.94%
57.13%
9.01%
Total Cash Common Dividend
- -
- -
83.67%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,187
1,282
1,354
- -
5,150
2025
1,370
1,451
1,523
1,477
5,821
2026
1,506
1,572
1,645
1,622
6,346

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
0.02
- -
0.04
2025
0.04
- -
0.05
- -
0.16
2026
0.05
- -
0.06
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
0.01
- -
0.03
2026
0.01
- -
0.02
- -
- -
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Business
SATS Ltd. is a Singapore-based investment holding company primarily engaged in providing gateway services and food solutions across Asia-Pacific, the Americas, Europe, the Middle East, and other regions. Its core products and services include airfreight and ground handling such as passenger services, ramp and baggage handling, aviation security services, and aircraft cleaning; airline catering including in-flight catering and institutional catering; aviation laundry services; food processing and distribution; and cruise terminal management. The company operates key subsidiaries such as Worldwide Flight Services (WFS), the world's largest air cargo handler following its acquisition completed in April 2023. SATS also offers extensive food solutions through entities like SATS Food Solutions Thailand, focusing on fresh frozen meal production, food logistics, and distribution. Founded in 1972 and headquartered in Singapore, SATS has recently undergone significant strategic expansions. Key developments include the full acquisition of SATS Food Solutions Thailand, enhancing its food production capacity to 108,000 meals per day by early 2026, in partnership with Mitsui Co., Ltd., which acquired a 15% stake to bolster distribution and market reach across Asia's food service sector. SATS expanded its European footprint through the acquisition of Swedish firms Terminal & Transporttjänst and APH Logistics in 2024, strengthening cargo handling capabilities in vital trade corridors around Stockholm Arlanda Airport. Additionally, the company divested its US subsidiary Maytag Aircraft to streamline operations post its Worldwide Flight Services acquisition. Investment of over SGD 250 million is underway for infrastructure upgrades at its Singapore hub, including modernizing ground support equipment and expanding airfreight terminal capacity to meet rising cargo demand. SATS operates with approximately 55,000 employees, delivering integrated air cargo handling, logistics, and food service solutions primarily targeting airlines, airports, cruise operators, foodservice companies, and institutional clients. Its comprehensive service network spans multiple continents with a strong leadership position in Asia, driven by continuous innovation in intelligent and autonomous operational technologies aimed at enhancing efficiency, cost-effectiveness, and customer experience. The company remains majority-owned by Temasek Holdings, reflecting its strategic role in Singapore's transportation and food service sectors. This integrated approach positions SATS as a critical infrastructure player in global aviation and foodservice logistics markets.

Company News

APIChat

  • seekingalpha.com

    SATS: Cargo And Food Businesses' Prospects Are Favorable

  • seekingalpha.com

    SATS: Lower Risk Investment Opportunity To Capitalize On Air Travel And Freight Demand