SINGAPORE EXCHANGE LIMITED (S68) fair value: what the stock is really worth
We calculate from audited financials what SINGAPORE EXCHANGE LIMITED is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
- Add to watchlist
SINGAPORE EXCHANGE LIMITED
S68 · SGQuality Too ExpensiveExcellent quality, but the valuation looks stretched.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.
How to read this chart
60‑month range 7.31 SGD – 25.57 SGD · fair‑value band 5.91 SGD – 14.96 SGD · the 22.20 SGD price screens above the 8.65 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.
Company profile
Singapore Exchange Limited, an investment holding, engages in the operation of integrated securities and derivatives exchange, related clearing houses, and an electricity market in Singapore. It operates through Fixed Income, Currencies and Commodities; Equities " Cash; Equities " Derivatives; and Platform and Others segments.
Show more
Singapore Exchange Limited, an investment holding, engages in the operation of integrated securities and derivatives exchange, related clearing houses, and an electricity market in Singapore. It operates through Fixed Income, Currencies and Commodities; Equities " Cash; Equities " Derivatives; and Platform and Others segments. The company offers treasury management; management and administrative services to related corporations; market data and technology connectivity services; fixed income issuer, derivatives and securities trading, clearing, securities settlement, and collateral and depository management services. It also provides various services associated with the platform businesses, including market data, connectivity, indices, and membership subscription. In addition, the company is involved in the provision and distribution of bulk freight market indices and information, index administration and related services, and operation of electronic foreign exchange (FX) trading solutions and platforms; operation of an electronic communication network; and provision of counterparty guarantee, depository, and related services for securities transactions. Further, it offers front-line regulatory function, management consultancy services of index activities, and FX pricing and risk solutions; membership services; financial services for dealing, trading, and clearing of financial instruments; and computer and software maintenance services, as well as administration services for index calculation, risk analyses, and financial research. Singapore Exchange Limited was incorporated in 1999 and is headquartered in Singapore.
Stock analysis
SINGAPORE EXCHANGE LIMITED (S68) currently trades at 22.20 SGD, while our model-based Fair Value estimate is 8.65 SGD, implying the stock looks roughly 156.7% overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 10.31 SGD per share, and 0 of the 13 models we run sit above the 22.20 SGD price.
Bear case: the Asset-Based group reads lowest at 1.38 SGD, and 13 of the 13 models stay below the price. Evidence for this calculation is high.
Scenario range: 5.91 SGD (bear) to 14.96 SGD (bull), the price of 22.20 SGD sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 83/100 (high quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
SINGAPORE EXCHANGE LIMITED reported revenue of 1.4B SGD in FY2025 versus 1.1B SGD in FY2021, a compound +6.7%/yr. Reported net income was 648M SGD in FY2025, compounding +9.8%/yr from FY2021.
Key figures
Market cap 23.7B SGD (≈ $18.6B) · P/E ratio 36.4 · P/S ratio 17.2 · EPS (TTM) 0.6100 SGD · Dividend yield 2.0% · Net margin 47.3% · Return on equity 30.1% · Return on assets (EBIT) 16.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 58 out of 100 (low confidence).
What moves the price
The share trades about 1% below its 52-week high and 66% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −21% fair-value upside, at −61%, S68 screens richer than that median.
Fair Value models
All 13 models by family
Notify me when S68 reaches fair value
Put S68 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 79 · Market factors (momentum, volatility) 74
Revenue & earnings trend
Growth Forecast
S68 screens 157% overvalued. Compare with S&P Global Inc →
Compare SINGAPORE EXCHANGE LIMITED with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Financial Data & Stock Exchanges · 55 stocks
Valuation Multiplesvs Financial Data & Stock Exchanges median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Valuation of the Singapore market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Financial Data & Stock Exchanges stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| S&P Global Inc SPGI | $412.52 | $209.90 | −49% |
| CME Group CME | $275.09 | $196.82 | −28% |
| Moody's Corporation MCO | $467.16 | $192.63 | −59% |
| Intercontinental Exchange, Inc ICE | $154.10 | $125.68 | −18% |
| Hong Kong Exchanges and Clearing Limited 80388 | HK$336.60 | HK$486.71 | +45% |
| Deutsche Börse AG DB1 | €277.20 | €219.04 | −21% |
| Nasdaq, Inc NDAQ | $89.23 | $41.12 | −54% |
| MSCI Inc MSCI | $540.61 | $241.03 | −55% |
| Coinbase Global, Inc COIN | $172.11 | $183.56 | +7% |
| Cboe Global Markets, Inc CBOE | $270.44 | $243.53 | −10% |
Explore undervalued stocks
More undervalued Financial Services stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is SINGAPORE EXCHANGE LIMITED (S68) overvalued or undervalued?
What is the fair value of S68?
What is the quality score of S68?
What is the price target for SINGAPORE EXCHANGE LIMITED (S68)?
What is the SINGAPORE EXCHANGE LIMITED stock forecast for 2026?
What is the revenue of SINGAPORE EXCHANGE LIMITED (S68)?
Does SINGAPORE EXCHANGE LIMITED pay a dividend?
What growth is priced into SINGAPORE EXCHANGE LIMITED (S68)?
What discount rate (WACC) does the fair value of S68 use?
What is a reverse DCF?
How much growth has SINGAPORE EXCHANGE LIMITED (S68) delivered so far?
How fast is the sector of SINGAPORE EXCHANGE LIMITED (S68) growing?
What is the free cash flow yield of SINGAPORE EXCHANGE LIMITED (S68)?
What is the intrinsic value of SINGAPORE EXCHANGE LIMITED (S68)?
Is SINGAPORE EXCHANGE LIMITED stock overvalued or undervalued in 2026?
Is fair value the same as the market price of S68?
How much is SINGAPORE EXCHANGE LIMITED worth?
What do the bullish and bearish scenarios say about S68?
What is the P/E ratio of S68?
What is the PEG ratio of S68?
How solid is the balance sheet of SINGAPORE EXCHANGE LIMITED (S68)?
How far is S68 from its 52-week high?
Which stocks are comparable to SINGAPORE EXCHANGE LIMITED?
Is SINGAPORE EXCHANGE LIMITED stock attractive at the current price?
How is the fair value of S68 calculated?
Is it still worth investing in stocks now?
What is the share price of SINGAPORE EXCHANGE LIMITED (S68)?
What should I pay attention to with SINGAPORE EXCHANGE LIMITED right now?
Key figures of SINGAPORE EXCHANGE LIMITED
How large is the market capitalisation of SINGAPORE EXCHANGE LIMITED (S68)?
What is the P/S ratio of SINGAPORE EXCHANGE LIMITED (S68)?
What are the earnings per share of SINGAPORE EXCHANGE LIMITED (S68)?
What is the dividend yield of SINGAPORE EXCHANGE LIMITED (S68)?
What is the net margin of SINGAPORE EXCHANGE LIMITED (S68)?
What is the return on equity of SINGAPORE EXCHANGE LIMITED (S68)?
What is the EBIT return on assets of SINGAPORE EXCHANGE LIMITED (S68)?
What is the operating margin of SINGAPORE EXCHANGE LIMITED (S68)?
How fast is revenue growing at SINGAPORE EXCHANGE LIMITED (S68)?
How fast are earnings growing at SINGAPORE EXCHANGE LIMITED (S68)?
Watch SINGAPORE EXCHANGE LIMITED in the live analysis
One click puts SINGAPORE EXCHANGE LIMITED on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.