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Communications

StarHub Ltd.

  • 1.56 SGD
  • -0.01
  • -0.64%
  • Singapore
    Mar 19, 2019
  • Ticker
    SES(CC3)
  • Prev. close
    1.57
  • Market cap (SGD)
    2,718.69M
  • Market cap (USD)
    2,012.86M
  • Shares
    1,731.65M

Company Background

StarHub offers a full range of information and communications services to both corporate and individual customers in Singapore, including fixed-line telephone services, a mobile network, a multichannel pay TV network and broadband Internet services. The company was created in 1998 by a consortium led by Singapore Technologies Telemedia, a unit of Singapore's state-owned investment firm Temasek Holdings, as a part of telecommunications market liberalization efforts at the time. StarHub officially launched operations in 2000, and was listed on the Singapore Stock Exchange in 2004. Temasek Holdings is the largest shareholder of StarHub, with a majority stake, followed by Japan's Nippon Telegraph and Telephone (NTT).

Tan Tong Hai was appointed CEO in 2013. Prior to joining StarHub in 2009 as chief operating officer, Tan held management positions at various Internet-related companies, including IBM Asia Pacific. In the face of heated price competition especially in broadband services, StarHub is adding new services to encourage the bundled use of services across different devices. One of such efforts is StarHub's "TV Anywhere" service which allows pay TV subscribers to watch TV programs on their Internet-enabled mobile devices.

Business Summary

StarHub Ltd. is engages in the operations of telecommunications services and other businesses relating to the info-communications industry. It operates through the following segments: Mobile, Pay Television (TV), Broadband, Enterprise Fixed, and Sale of Equipment. The company was founded on May 5, 1998 and is headquartered in Singapore.

Financial Highlights

Dec 2018 SGDUSD
Revenue2,362M1,750.53M
Gross Profit995.80M738.01M
Operating income276.10M204.62M
Income before tax246.30M182.53M
Net income201.60M149.41M
EBITDA567.30M420.43M
Diluted EPS0.110.08
Dividends Per Share0.160.11
Total Assets2,635.40M1,933.52M
Total liabilities2,247.30M1,648.78M
Total equity351.90M258.18M
Operating cash flow411.20M304.74M
Currency in SGDCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 2,387.20M 2,444.30M 2,396.70M 2,400.70M 2,362M
Gross Profit 892M 849.10M 875.70M 796.90M 995.80M
Operating income 434.10M 393.30M 429.80M 329.30M 276.10M
Income before tax 456.10M 440.50M 411.90M 306.60M 246.30M
Net income 370.50M 372.30M 341.40M 244.70M 201.60M
EBITDA 705.30M 664.70M 694.80M 609.70M 567.30M
Diluted EPS 0.21 0.21 0.19 0.14 0.11
Dividends Per Share 0.20 0.20 0.20 0.16 0.16
Total Assets 1,987.20M 1,909.40M 2,196.30M 2,352M 2,635.40M
Total liabilities 1,830.90M 1,720.70M 2,000M 2,206.10M 2,247.30M
Total equity 149M 187.60M 194.90M 140.60M 351.90M
Operating cash flow 634.40M 526.80M 528.90M 486.60M 411.20M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 1,884.15M 1,777.33M 1,735.92M 1,739.03M 1,750.53M
Gross Profit 704.03M 617.41M 634.26M 577.26M 738.01M
Operating income 342.62M 285.98M 311.30M 238.54M 204.62M
Income before tax 359.98M 320.30M 298.33M 222.09M 182.53M
Net income 292.42M 270.71M 247.27M 177.25M 149.41M
EBITDA 556.67M 483.32M 503.24M 441.65M 420.43M
Diluted EPS 0.16 0.15 0.14 0.10 0.08
Dividends Per Share 0.15 0.14 0.14 0.11 0.11
Total Assets 1,499.66M 1,345.92M 1,520.24M 1,759.95M 1,933.52M
Total liabilities 1,381.70M 1,212.91M 1,384.37M 1,650.77M 1,648.78M
Total equity 112.44M 132.23M 134.90M 105.20M 258.18M
Operating cash flow 500.71M 383.05M 383.08M 352.48M 304.74M

Valuation Measures

Dec 2018
PER15.02
ROA8.08%
ROE81.86%
Operating margin11.68%
Profit margin8.53%

Key executives

  • Chief Executive Officer: Peter Kaliaropoulos
  • Chief Financial Officer: Choon Hwee Chia
  • Chief Information Officer: Yaw Yee Kee
  • Chief Technology Officer: Siew Loong Chong
  • Chief-Enterprise Business Group: Yoke Sin Chong

Shareholders

  • Singapore Technologies Telemedia Pte Ltd. (55.7%)
  • Nippon Telegraph & Telephone Corp. (9.9%)
  • BlackRock Fund Advisors (1.9%)
  • The Vanguard Group, Inc. (0.8%)
  • Mellon Investments Corp. (0.7%)
  • BlackRock Advisors (UK) Ltd. (0.6%)
  • Norges Bank Investment Management (0.6%)
  • Singapore Press Holdings Ltd. (0.6%)
  • Dimensional Fund Advisors LP (0.5%)
  • BlackRock Asset Management Deutschland AG (0.3%)

Contact Details

  • Website:http://www.starhub.com
  • Address: No. 05-01 StarHub Green, 67 Ubi Avenue 1, Singapore, 408942, Singapore
  • Phone: +65.6825.5000

Related Companies

  • Starhub Ltd. /Cyber Security Business/
  • Starhub Ltd. /2 Subsidiaries/
  • Accel Systems & Technologies Pte Ltd.
  • Starhub, Inc.
  • Starhub (Hong Kong) Ltd.
  • Starhub (Mauritius) Ltd.
  • Starhub Shop Pte Ltd.
  • D'Crypt Pte Ltd.
  • StarHub Internet Pte Ltd.
  • Singapore CableVision Pte Ltd.
  • Nucleus Connect Pte Ltd.
  • StarHub Mobile Pte Ltd.
  • StarHub Online Pte Ltd.
  • StarHub Cable Vision Ltd.

Competitors

  • MNF Group Limited
Last Updated on 19 Mar, 2019

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