G13.SI
SGX50SESGenting Singapore Limited
Consumer Cyclical · Resorts & Casinos · Singapore
Genting Singapore Limited, an investment holding company, engages in the construction, development, and operation of integrated resort and casinos in Singapore. It is also involved in the provision of sales and marketing support services to leisure and hospitality related businesses and investments. The company was incorporated in 1984 and is based in Singapore. Genting Singapore Limited operates as a subsidiary of Genting Overseas Holdings Limited.
www.gentingsingapore.com ↗Shares trade at a moderate 20.5× trailing earnings, easing to 15.5× on forward estimates. Profitability shows a net margin of 15.9% and return on equity of 4.7%. Leverage is modest at -4.2× net debt/EBITDA. Revenue grew 5.4% year-on-year. It yields 6.5% in dividends. The mean analyst target of SGD0.71 sits 15.5% above the current price (no rating, 16 analysts).
business model
Genting Singapore owns and operates Resorts World Sentosa (RWS), one of only two licensed integrated resorts (casino-plus-leisure complexes) in Singapore. It generates revenue from gaming and a broad mix of non-gaming attractions and hospitality, reporting in SGD.
revenue segments
Revenue splits between gaming (VIP and mass-market casino play) and non-gaming operations including Universal Studios Singapore, the S.E.A. Aquarium/Singapore Oceanarium, hotels, dining, MICE and retail. A multi-year RWS expansion (RWS 2.0) is adding new attractions and hotel capacity.
key dependencies
It depends on tourist arrivals (especially from China and the region), casino win rates and VIP credit, regulatory limits on gaming, and the completion and ramp-up of RWS expansion. Its earnings are concentrated in a single flagship property.
competitors
Its primary competitor is Marina Bay Sands (Las Vegas Sands) in the Singapore duopoly, plus regional integrated resorts and casinos in Macau, Malaysia (Genting group), the Philippines and elsewhere.
moat
Its moat is the government-granted casino duopoly in Singapore, a large integrated leisure destination with unique attractions, and a strong regulated cash-generative gaming licence.
risks
Risks include gaming-regulation and tax changes, dependence on Chinese and regional tourism recovery, VIP credit and volatility, concentration in one property, and large capex for the RWS expansion.
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.