SGX: Largest Air Freight & Logistics Stocks Averaged 5% YTD Total Return
OREANDA-NEWS. The five largest stocks of the Air Freight & Logistics sector have a combined market capitalisation of S$6.2 billion, as categorised by the Global Industry Classification Standard (GICS®). The sector comprises companies providing air freight transportation, courier and logistics services, including package and mail delivery and customs agents, excluding those companies classified in the Airlines, Marine or Trucking sub-industries.
These five stocks averaged a 5.1% year-to-date total return, taking their average three-year return to 60.8%. They currently trade at an average price-earnings (P/E) and price-to-book (P/B) ratio of 11.6 and 1.8 respectively, and maintain an indicative dividend yield of 3.7%.
In the year thus far, the three best performers of the five aforementioned stocks were CWT, Poh Tiong Choon Logistics and Keppel Telecommunications & Transportation, averaging a total return of 15.1%. As of Friday’s close, the five stocks were trading at an average 20.3% above their 12-month lows and 20.5% below their 12-month highs. Of the five, Vibrant Group recorded its 12-month low in the month of November 2015.
The table below details the five Air Freight & Logistics stocks, and is sorted according to market value. Click on each stock name below to visit its profile page on SGX StockFacts.
Source: SGX, Bloomberg & SGX StockFacts (data as of 20 November 2015)
The next three largest capitalised stocks that represent the Air Freight & Logistics sector after those tabled above are Ramba Energy, GKE Corporation and A-Sonic Aerospace. Please note that Ramba Energy is also considered to be a Mining, Oil & Gas play. These stocks averaged a negative 24.2% total return in the year thus far, and were trading at 26.5% above their 12-month lows and 40.1% below their 12-month highs. GKE Corporation has been trading on Catalist since 17 April 2012.
Singapore Post
Singapore Post operates and provides postal, logistics, and retail services in Singapore and internationally. The company operates through three segments: Mail, Logistics, and Retail & eCommerce. The Mail segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and international distribution, and delivery services. The Retail & eCommerce segment provides various products and services, such as agency services, financial services, and front-end e-commerce solutions.
In the second quarter of FY15/16 ended 30 September 2015, Singapore Post posted a 19.4% YoY increase in revenue, which resulted in a 39.1% YoY jump in total profit from S$39.1 million in 2014 to S$54.4 million in 2015. Basic EPS rose 41.7%, from 1.63 cents in 2014 to 2.31 cents in 2015. F
CWT
CWT provides integrated logistics and supply chain solutions for small establishments and multinational corporations in Singapore and internationally. The company operates through four segments: Logistics Services, Commodity Supply Chain Management, Engineering Services, and Financial Services. The Logistics Services segment provides warehousing, transportation, freight forwarding, cargo consolidation, collateral management, and container management services. The Commodity Supply Chain Management segment offers physical trading and supply chain management services for base metal non-ferrous concentrates as well as energy products. The Engineering Services segment manages and maintains facilities, vehicles, and equipment; supplies and installs engineering products; manages properties; and provides design-and-build services for logistics properties. The Financial Services segment offers brokerage, risk management, and trade facilitation services for physical commodities and commodity derivatives. The company has operations in around 90 countries, employs about 6000 people worldwide.
Keppel Telecommunications & Transportation
Keppel Telecommunications & Transportation provides integrated logistics services and supply chain solutions. The company’s Logistics segment provides integrated logistics port operations, third-party logistics services, supply chain solutions, warehousing, distribution, container storage and repairs, and freight forwarding services primarily in Singapore, China, Malaysia, Indonesia, and Vietnam. The Data Centre segment provides data center co-location services, business continuity, disaster recovery, facility management, and real estate investment trust management services primarily in Singapore, Ireland, the Netherlands, Australia, the United Kingdom, and Malaysia.
Vibrant Group
Vibrant Group provides logistics, real estate, and financial services worldwide. It operates through three segments: Freight and Logistics Business, Financial Services, and Real Estate Business. The company has operations in Malaysia, Thailand, Hong Kong, China and Dubai. Vibrant Group also provides chemical logistics solutions for the petrochemical industry, warehousing property management and logistics services, document storage and management services, and financial services such as asset management of Sabana Shari'ah Compliant REIT. Their asset portfolio comprises properties of than 3.0 million square feet of warehouse space globally.
Poh Tiong Choon Logistics
Poh Tiong Choon Logistics provides logistics services to the petrochemical industry in Singapore. The company operates in four segments: Transportation and Bulk Cargo, Warehousing, Trading, and Leasing. It offers transportation services for high value, sensitive, and chemical cargoes in conventional, container, bulk, bulk liquid container, and heavy haulage forms through a fleet of refrigerated trucks, tipper trucks, cement tankers, and lorries; and bulk cargo handling and stevedoring services, including loading onto and discharging from vessels various types of cargoes.
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