TICKER CC3.SI
ISIN SG1V12936232
Market cap. SGD
2,014,953,259
Shs outstanding 1,722,182,273
StarHub Ltd, an integrated info communications company, provides communications, entertainment, and digital solutions for individuals and corporations in Singapore. The company operates in four segments: Telecommunications, Cyber Security, High Security Assurance Product, and Regional Information Communication Technology. The company provides television subscription and broadcasting services; broadband access, high speed wholesale broadband, and information security systems integration services; security consultancy services; information security and network security surveillance services; petrol station retail and fuel logistics management solutions; hospital information systems solutions; business application solutions and related services; data center and business continuity services; healthcare information technology products and services; and healthcare information technology software, research and development, and support services. It also engages in computer systems integration, other professional, scientific, and technical activities; development and supply of data security products and components; provision of information security and network security surveillance services; sales of information technology security related products; implementation of information communication technology projects; and system integration, supply and implementation of hardware and software solutions, and provision of maintenance services. Further, the company is involved in the development and provision of software as a service application; provision of architecting ICT solutions and project management services; and investment holding and provision of management services. The company was incorporated in 1998 and is headquartered in Singapore. StarHub Ltd is a subsidiary of Asia Mobile Holdings Pte. Ltd.

Strategy:

Return at exit: Live
Value Telecom With Strong Dividend
• Our ML engine identified Starhub Ltd as a compelling buy opportunity based on favorable market positioning, attractive valuation, and solid financial stability. • With a generous 5.4% dividend yield and trading at 1.15 SGD (near analyst fair value targets of 1.18 SGD), Starhub offers significant income potential at a reasonable valuation (P/E ratio of 15.3). • The company’s strategic transformation is bearing fruit with projected 10% earnings growth in FY2026, driven by cost savings initiatives targeting 60 million SGD over 2026-2028. • Enterprise business segment shows exceptional momentum (14.1% revenue growth in FY2024), while mobile subscribers have increased 8.2% to 2.14 million, demonstrating strong market execution despite competitive pressures. • Regional expansion across ASEAN markets and the DARE+ digital ecosystem initiative position Starhub for sustainable long-term growth beyond traditional telecom services.