C52.SI
SGX50SESComfortDelGro Corporation Limited
Industrials · Railroads · Singapore
ComfortDelGro Corporation Limited, together with its subsidiaries, provides transportation solutions in Singapore, the United Kingdom, Australia, China, and Malaysia. It operates through five segments: Public Transport, Taxi/PHV, Other Private Transport, Inspection and Testing Services, and Other Segments. The Public Transport segment offers bus and rail services to commuters travelling on public transport systems; scheduled bus services; and other commercial services. The Taxi / PHV segment provides taxi and private hire vehicle rental, platform, and engineering services, as well as sales fuel. The Other Private Transport segment offers ground transportation; coach rental; non-emergency transport services to patients; and corporate vehicle leasing. The Inspection and Testing Services segment provides vehicle inspection and other testing services. The Other segments operates driver training centre, and bus station, as well as provides insurance broking, advertisement, and electric vehicle charging infrastructure services. It also offers logistics solutions. The company was incorporated in 2003 and is headquartered in Singapore.
www.comfortdelgro.com ↗Shares trade at a low 12.2× trailing earnings, easing to 13.5× on forward estimates. Profitability shows a net margin of 4.6% and return on equity of 9.1%. Leverage is modest at 1.4× net debt/EBITDA. Revenue grew 11.7% year-on-year. It yields 6.7% in dividends. The mean analyst target of SGD1.52 sits 13.3% above the current price (Buy, 9 analysts).
business model
ComfortDelGro is one of the world's largest land-transport operators, running public buses and rail, taxis and point-to-point (ride-hail) services, plus supporting businesses such as vehicle inspection, driving centres, car rental/leasing and automotive engineering. It earns fare and contract revenue from public-transport operations and commission/rental income from its taxi and private-hire fleets. It operates in Singapore, the UK/Ireland, Australia, China and other markets.
revenue segments
Segments include public transport (bus and rail, notably SBS Transit in Singapore and Metroline buses in the UK), taxi and point-to-point (Comfort and CityCab fleets plus the Addison Lee premium private-hire business in the UK), and other services such as inspection/testing, driving schools and engineering. Overseas operations, especially the UK and Australia, are a large share of revenue.
key dependencies
It depends on government bus and rail contracts and their renewal terms, ridership and commuter volumes, taxi/private-hire demand and driver supply, fuel and energy costs, labour costs, and currency translation from the UK and Australia. Regulatory frameworks for public transport and point-to-point services are central.
competitors
Competes with ride-hailing platforms such as Grab and Gojek in Singapore and with Uber and Bolt overseas, with SMRT and other public-transport operators for contracts, and with regional bus/rail operators such as Go-Ahead, Stagecoach and Keolis in the UK and Australia.
moat
Its moat is scale and operational track record in winning and running government transport contracts, a large integrated fleet and workshop network, diversified geographies, and a strong balance sheet enabling acquisitions like Addison Lee. Contracted public-transport revenue provides stability.
risks
Risks include ride-hailing disruption of its taxi business, margin pressure and re-tendering risk on public-transport contracts, rising labour and energy costs, foreign-exchange exposure, and the capital intensity of fleet electrification.
Financials & metrics
as of 04 Jul 2026Tap any metric for an explanation.● provider● computedN/A not available from source
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.