SBS Transit Ratios and Metrics

Market cap in millions SGD. Fiscal year is January - December.

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	1,191	1,000	761	833	805	920
Market Cap Growth	58.40%	31.41%	-8.61%	3.52%	-12.54%	-3.28%
Enterprise Value	819	651	410	463	642	829
Last Close Price	3.81	3.20	2.19	2.29	2.12	2.36
PE Ratio	19.51	16.35	10.83	12.06	11.83	17.82
PS Ratio	0.78	0.66	0.49	0.55	0.53	0.70
PB Ratio	1.74	1.47	1.06	1.22	1.25	1.53
P/TBV Ratio	1.75	1.47	1.06	1.22	1.25	1.53
P/FCF Ratio	11.42	9.59	35.41	14.07	4.68	4.81
P/OCF Ratio	9.26	7.78	18.19	11.13	4.41	4.10
EV/Sales Ratio	0.54	0.43	0.26	0.30	0.42	0.63
EV/EBITDA Ratio	5.44	4.32	2.67	2.91	3.97	8.66
EV/EBIT Ratio	12.02	9.56	5.61	6.04	8.03	590.85
EV/FCF Ratio	7.85	6.24	19.09	7.82	3.73	4.34
Debt / Equity Ratio	0.02	0.02	0.03	0.03	0.12	0.15
Debt / EBITDA Ratio	0.08	0.08	0.11	0.11	0.45	0.86
Debt / FCF Ratio	0.11	0.11	0.82	0.33	0.46	0.48
Net Debt / Equity Ratio	-0.55	-0.55	-0.51	-0.52	-0.41	-0.19
Net Debt / EBITDA Ratio	-2.47	-2.47	-2.39	-2.21	-1.65	-1.17
Net Debt / FCF Ratio	-3.57	-3.57	-17.08	-5.96	-1.55	-0.59
Asset Turnover	1.35	1.35	1.34	1.28	1.28	1.14
Inventory Turnover	9.37	9.37	10.04	11.37	12.33	10.10
Quick Ratio	2.09	2.09	1.89	1.56	1.37	1.14
Current Ratio	2.46	2.46	2.35	1.93	1.68	1.46
Return on Equity (ROE)	8.73%	8.73%	10.03%	10.40%	10.90%	8.69%
Return on Assets (ROA)	3.78%	3.78%	3.92%	4.02%	4.22%	0.08%
Return on Invested Capital (ROIC)	17.64%	17.02%	18.07%	16.96%	15.07%	0.25%
Return on Capital Employed (ROCE)	9.20%	9.20%	9.30%	10.10%	10.10%	0.20%
Earnings Yield	5.14%	6.12%	9.24%	8.29%	8.45%	5.61%
FCF Yield	8.76%	10.43%	2.82%	7.11%	21.36%	20.79%
Dividend Yield	5.20%	-	9.26%	4.87%	5.14%	3.47%
Payout Ratio	163.57%	163.57%	49.54%	49.81%	36.22%	72.78%
Buyback Yield / Dilution	-0.20%	-0.20%	-0.24%	-0.03%	-	-
Total Shareholder Return	5.01%	-0.20%	9.02%	4.84%	5.14%	3.47%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.