Singapore Exchange Ltd
S68: XSES (SGP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SGD 16.90 | Ldmb | Hrykdflyl |
SGX Earnings: Volatility Remains the Core Driver
We increase our fair value estimate for wide-moat Singapore Exchange by 2% to SGD 12.70 following full-year results. Adjusted net profit after tax of SGD 526 million was in line with our expectations, up 5% on the prior corresponding period, or PCP.