Added to YB: 2025-07-28
Pitch date: 2025-07-24
G13.SI [bullish]
Genting Singapore Limited
-12.47%
current return
Author Info
MileHighMonk is a team of travel enthusiasts who share insights on standout travel related companies. Sign up for the newsletter.
Company Info
Genting Singapore Limited, an investment holding company, engages in the construction, development, and operation of integrated resort and casinos in Singapore.
Market Cap
SGD 7.5B
Pitch Price
SGD 0.70
Price Target
N/A
Dividend
6.40%
EV/EBITDA
5.82
P/E
24.23
EV/Sales
1.88
Sector
Hotels, Restaurants and Leisure
Category
value
Genting Singapore: At the Heart of Asia’s Integrated Resort Boom
G13.SI: Singapore duopoly casino/resort operator trades at 5.5x EV/EBITDA vs peers 9-11.5x. S$6.8B RWS 2.0 expansion includes Minion Land (Feb 2025), Singapore Oceanarium (Q3 2025), boosting non-gaming revenue (1/3 of total). Tourism +21% to 16.5M visitors. Expect H1 2025 pressure, H2 improvement as projects open. 5% dividend yield target.
Read full article (5 min)