Genting Singapore (SGX: G13) is the Integrated Resort (IR) operator of Resort World Sentosa (RWS). The resort is comprised of a casino, 4 hotels and multiple attractions such as Universal Studios Singapore (USS), S.E.A Aquarium and Adventure Cove Water Park.

I believe it should be common knowledge by now that tourism was severely hard hit by this pandemic. Tourism oriented businesses were forced to cease operations and not many will be able to sustain without any source of revenue for months.

Since Gnting Singapore is driven by tourism… I think you can see what I’m getting at but how bad is bad?

Price history

Screenshot from Yahoo Finance

Share price of Genting Singapore has fallen by over 60% within 10 years. Genting currently has a PE ratio of 13.57 with a dividend yield of 5.26%.

Financials

Data from MorningStar

For the past 10 years, revenue has slowly been declining due to the gaming segment which has been also trending downwards as well.

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