ComfortDelGro Corporation (CDG) (SGX:C52) is a diversified multinational land transport company that operates taxis, buses, and trains in countries such as Singapore, Australia and the UK.
SBS Transit (SBS) (SGX:S61) is a 75% owned subsidiary of CDG and is the leading public transport operator in Singapore, managing over 200 bus routes, the Downtown and North East MRT lines, and the Sengkang/Punggol LRT lines. SBS Transit’s primary competitor is SMRT, a wholly government-owned entity. There are also smaller competitors like Tower Transit and Go-Ahead Singapore.
Vicom (SGX:WJP) is a vehicle inspection company that is 67% owned by CDG. It has a majority share of the vehicle inspection market in Singapore, with 6 out of 8 authorised inspection centres. STA Inspection (STAI), a wholly-owned subsidiary of ST Engineering (SGX:S63) owns the remaining 2 inspection centres.
| Company |
Market cap ($) |
1YR return (%) |
P/E (times) |
Dividend yield (%) |
P/B (times) |
| Comfort DelGro |
3.21B |
-4.03 |
14 |
5.7 |
1.2 |
| SBS Transit |
1.15B |
32.35 |
19 |
4.8 |
1.7 |
| Vicom |
0.64B |
33.58 |
15 |
3.4 |
3.9 |
CDG, despite being the parent of SBS and Vicom, has seen...