Dear readers, arising from the recent stocks markets rout, many of the Singapore Straits Times (STI) have been sold down in a broad way. These STI stocks have regained some lost ground but many of them are still trading below their book value, that is undervalued.
In this post, I will present nineteen Straits Times Index (STI) stocks that are undervalued.
First, there are four STI stocks which are what I call “just undervalued” stocks as their price-to-book ratio are in the range of 0.90+. If their stock prices are to gain in the next few trading sessions, these stocks will easily trade above their book value.
DBS stock (0.966)
Mapletree Commercial Trust (0.943)
Keppel Corporation stock (0.907)
Wilmar International stock (0.902)
Second, there are the bulk (thirteen) of the undervalued STI stocks which has respectively price-to-book ratio of 0.50 to 0.90.
UOB stock (0.849)
Jardine C&C stock (0.847)
OCBC stock (0.832)
CapitaMall Trust (0.807)
CapitaCommercial Trust (0.784)
JSH USD stock (0.708)
City Development stock (0.678)
Capitaland stock (0.63)
SPH stock (0.624)
JMH USD stock (0.601)
SIA stock (0.598)
YangZiJiang stock (0.589)
UOL stock (0.568)
Third, there are two undervalued STI stocks which are offering more than 50% “discount”. These are undervalued stocks with Price-to-Book ratio of less than 0.50.
Sembcorp Industries stock (0.405)
Hongkong Land (0.26)
For investors who love undervalued stocks, HongKong Land and Sembcorp Industries stocks may seem attractive at this juncture to accumulate. But it is important to weigh other attributes of the stocks before making an investing decision. As for myself, I am thinking that stocks will be more attractive when the stocks markets correct further. I set a Straits Times Index target of 2,000 as a near-term support for the Singapore stocks markets.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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