SATS Ltd. (SPASF) Research

SATS Ltd., a Singapore-headquartered holding company, is a global provider of integrated ground handling and food solutions, with substantial operations in Singapore, Japan, and other international markets. The company's business activities are structured into three main divisions: Food Solutions, Gateway Services, and Other Services. The Food Solutions segment is responsible for a wide array of services including catering for airlines and institutional clients, food processing, distribution logistics, and textile care for the aviation sector. The Gateway Services division offers comprehensive airport support, encompassing air cargo management, passenger assistance, aviation security, baggage handling, and apron (tarmac) services. This segment also extends its expertise to the management and operation of cruise terminals, such as the Marine Bay cruise center. The Other Services segment primarily covers rental income and miscellaneous offerings. SATS serves a diverse clientele that includes airlines, hospitality groups, healthcare providers, food manufacturers, educational institutions, and government agencies, in addition to players within the airfreight and logistics industries. Established in 1972, the company was formerly known as Singapore Airport Terminal Services Limited, before rebranding as SATS Ltd. in July 2010.

Market snapshot

Symbol
SPASF
Price
$2.67
Day change
0.00%
Market cap
$6.5B
P/E ratio
22.79x
52-week range
1.98-3.25
Sector
Industrials
Industry
Airlines, Airports & Air Services

Peer companies

  • Air Canada (ACDVF)
  • Air France-KLM S.A. (AFRAF)
  • Hiab Oyj (CYJBY)
  • DKSH Holding AG (DKSHF)
  • FLSmidth & Co. A/S (FLIDY)
  • Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (GAERF)
  • Japan Airport Terminal Co., Ltd. (JAIRF)
  • Japan Airport Terminal Co., Ltd. (JTTRY)

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