Singapore is one of the most expensive countries to live in, so it’s no surprise that its stock market is also one of the most expensive in the world. However, there are still some cheap stocks to find if you know where to look. Here are some of the cheapest stocks to buy in Singapore.
Keppel Corporation Ltd
Keppel Corporation is one of the largest conglomerates in Singapore with interests in property, infrastructure, and offshore and marine engineering.
The company has been going through some tough times recently due to the slowdown in the oil and gas industry, but its share price has fallen to a level that makes it attractive for value investors. At its current price of around S$5 .50, Keppel Corporation is trading at a price-to-earnings ratio of just 7.8.
Sembcorp Industries Ltd
Sembcorp Industries is another conglomerate with marine and offshore engineering, utilities, and urban development businesses.
The company has been hurt by the slowdown in the oil and gas industry, but its share price has fallen to a level that makes it attractive for value investors. At its current price of around S$3.00, Sembcorp Industries is trading at a price-to-earnings ratio of just 8.4.
Thai Beverage Public Co Ltd
Thai Beverage is one of the largest producers of alcoholic beverages in Southeast Asia. The company has been expanding its operations into other countries in the region, and it currently has a market capitalization of over S$40 billion.
Thai Beverage’s share price was down significantly from its all-time high in 2014, and at its current price of around S$0.50, the company is trading at a price-to-earnings ratio of just 10.4.
ComfortDelGro Corp Ltd
ComfortDelGro is the largest taxi operator in Singapore, with more than 50% market share. The company also operates bus and rail services and automotive services.
ComfortDelGro’s share price has fallen more than 20% since the start of 2016, and its current price of around S$ 1.60, the company is trading at a price-to-earnings ratio of just 11.2.
SIA Engineering Company Ltd
SIA Engineering is a leading provider of maintenance, repair, and overhaul services for aircraft engines. The company has a market capitalization of over S$8 billion and is majority-owned by Singapore Airlines.
SIA Engineering’s share price has fallen more than 20% since the start of 2016, and at its current price of around S$3.30, the company is trading at a price-to-earnings ratio of just 12.1.
Yangzijiang Shipbuilding Holdings Ltd
Yangzijiang Shipbuilding is one of the largest shipbuilders in China. The company has a market capitalization of over S$6 billion and is one of the few shipbuilders still profitable.
Yangzijiang Shipbuilding’s share price has fallen by more than 50% since its peak in 2011, and its current price of around S$0.60, the company is trading at a price-to-earnings ratio of just 12.4.
Hutchison Port Holdings Trust
Hutchison Port Holdings Trust is a port operator with a portfolio of ports in Asia, Europe, and the Middle East. The trust has a market capitalization of over S$8 billion and yields around 7%.
Hutchison Port Holdings Trust’s share price has fallen by more than 20%since the start of 2016, and at its current price of around S$0.60, the trust is trading at a price-to-earnings ratio of just 12.7.
Sembcorp Marine Ltd
Sembcorp Marine is a leading provider of offshore and marine engineering services. The company has a market capitalization of over S$4 billion and is majority-owned by Sembcorp Industries.
Sembcorp Marine’s share price has fallen by more than 50% since its peak in 2014, and its current price of around S$0.50, the company is trading at a price-to-earnings ratio of just 13.1.
Trustee-Manager of AIMS AMP Capital Industrial Reit
AIMS AMP Capital Industrial Reit is a real estate investment trust that invests in industrial properties in Asia. The trust has a market capitalization of over S$1 billion and yields around 5%.
AIMS AMP Capital Industrial Reit’s share price has fallen by more than 20% since the start of 2016, and at its current price of around S$0.93, the trust is trading at a price-to-earnings ratio of just 13.4.
Read more here on the cheapest stocks in Singapore.
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