Singtel M1 Starhub

People always like to compare Singtel, Starhub and M1. They are the only 3 big players in Telecommunication market of Singapore. So, let's see how they perform using the method in the previous post.

Market Cap : 1 Singtel = 8 Starhub = 20 M1
Profitability : Singtel> M1 > Starhub
Earning Per Share (EPS) : Singtel > Starhub > M1

The "Cash flows from operating activities / Net income" of all 3 companies are more than 1; meaning they can make more money than Net Income. Good.

It's no fair to compare ROE% as the capital structure of these 3 companies are different. Starhub is extremely heavy on debts (40.6), Singtel(0.7) on equity while M1 is slightly more on debts (1.8)

So, which one more worth to invest? Well, financially there are not much different as these 3 are performing quite well, except the down trend of Margin% of M1. So, you may look for other areas, especially the qualitative side. For stability concern, Singtel is still the best as they don't have too much debts. If you aim for dividend yield, then you can look for dividend payout and time the market to get the yield you want(3.5% to 4.6% as at the price now).

For me, I won't go for any of these yet because limited capital I have now. The cheapest, M1, also cost $3,300 per lot now. But I would definitely buy some to diverse my portfolio risk. Telecommunication market is always presumed to be a stable industry.

https://www.dropbox.com/s/e5pd0nbinrq4krt/Singtel_M1_Starhub.xlsx