Sheng Siong's Stock Appears Expensive After Sharp Gains Last Year -- Market Talk

Dow Jones

Feb 10

0153 GMT - Sheng Siong Group's stock appears expensive after its ascent last year, OCBC Group Research's Chu Peng says in a report. The stock is currently trading at 24.8X 12-month forward earnings, more than two standard deviations above its historical average of 19.6X, the analyst notes. OCBC downgrades its rating on the stock to hold from buy on valuation grounds. Meanwhile, OCBC raises its fair value estimate to S$2.89 from S$2.77 based on lower cost of equity assumption, pending further insights from the company's 2025 earnings due early next month. Shares are 0.7% lower at S$2.90. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 09, 2026 20:53 ET (01:53 GMT)

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The stock is currently trading at 24.8X 12-month forward earnings, more than two standard deviations above its historical average of 19.6X, the analyst notes. OCBC downgrades its rating on the stock to hold from buy on valuation grounds. Meanwhile, OCBC raises its fair value estimate to S$2.89 from S$2.77 based on lower cost of equity assumption, pending further insights from the company's 2025 earnings due early next month. Shares are 0.7% lower at S$2.90. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 09, 2026 20:53 ET (01:53 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sheng Siong's Stock Appears Expensive After Sharp Gains Last Year -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSheng Siong's Stock Appears Expensive After Sharp Gains Last Year -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-10 09:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0153 GMT - <a href=\"https://laohu8.com/S/SHSGF\">Sheng Siong</a> Group's stock appears expensive after its ascent last year, OCBC Group Research's Chu Peng says in a report. The stock is currently trading at 24.8X 12-month forward earnings, more than two standard deviations above its historical average of 19.6X, the analyst notes. OCBC downgrades its rating on the stock to hold from buy on valuation grounds. Meanwhile, OCBC raises its fair value estimate to S$2.89 from S$2.77 based on lower cost of equity assumption, pending further insights from the company's 2025 earnings due early next month. Shares are 0.7% lower at S$2.90. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 09, 2026 20:53 ET (01:53 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6034","symbol_name":"食品零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2610966695","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610966695","pubTimestamp":1770688380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0153 GMT - Sheng Siong Group's stock appears expensive after its ascent last year, OCBC Group Research's Chu Peng says in a report. The stock is currently trading at 24.8X 12-month forward earnings, more than two standard deviations above its historical average of 19.6X, the analyst notes. OCBC downgrades its rating on the stock to hold from buy on valuation grounds. Meanwhile, OCBC raises its fair value estimate to S$2.89 from S$2.77 based on lower cost of equity assumption, pending further insights from the company's 2025 earnings due early next month. Shares are 0.7% lower at S$2.90. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6034":"食品零售","SGXZ43160589.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) ACC","SG9999001135.SGD":"United ASEAN Fund SGD","SGXZ24219693.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) INC","SG9999001069.SGD":"UOB UNITED ASIA PACIFIC GROWTH (SGD) ACC","BK6518":"食品和药品零售股","OV8.SI":"昇菘","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD"},"translate_title":"升菘股价在去年大幅上涨后显得昂贵——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OV8.SI":1.5},"content_text":"0153 GMT - Sheng Siong Group's stock appears expensive after its ascent last year, OCBC Group Research's Chu Peng says in a report. The stock is currently trading at 24.8X 12-month forward earnings, more than two standard deviations above its historical average of 19.6X, the analyst notes. OCBC downgrades its rating on the stock to hold from buy on valuation grounds. Meanwhile, OCBC raises its fair value estimate to S$2.89 from S$2.77 based on lower cost of equity assumption, pending further insights from the company's 2025 earnings due early next month. Shares are 0.7% lower at S$2.90. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 09, 2026 20:53 ET (01:53 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}