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Singapore Exchange Ltd (SPXCY)
OTHER OTC:SPXCY
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Singapore Exchange (SPXCY) Price & Analysis

42 Followers

SPXCY Stock Chart & Stats

$40.08
$0.57(1.56%)
At close: 4:00 PM EDT
$40.08
$0.57(1.56%)

Bulls Say, Bears Say

Bulls Say
Integrated Market InfrastructureSGX’s integrated exchange, clearing, settlement, data, and connectivity model creates multiple linked revenue streams and embeds the company in market infrastructure. This breadth can deepen client utility, diversify monetization, and support durable operating relevance across trading and post-trade activity.
Growth And ProfitabilityRevenue growth accelerated to 10.19% in 2026 while net profit margins remained roughly in the low-40% to high-40% range. The combination of faster top-line expansion and sustained high profitability indicates strong earnings economics that can support continued business investment.
Conservative Balance SheetLower debt relative to equity and consistent equity growth indicate a strengthening balance sheet with meaningful financial flexibility. Conservative leverage can help SGX withstand changes in market activity, support investment in infrastructure, and preserve options for long-term capital allocation.
Bears Say
Margin CompressionAlthough profitability remains high, the 2026 decline in net and EBITDA margins indicates incremental cost pressure as growth accelerated. If this pattern persists, operating leverage could weaken and a smaller portion of each additional dollar of revenue may translate into earnings.
Cash Conversion VariabilityStrong 2026 cash generation is encouraging, but the earlier variability in operating cash flow relative to income shows that earnings conversion has not been consistently stable. Recurring timing or working-capital swings could make internally generated funding less predictable across periods.
Activity-sensitive RevenueA substantial portion of SGX’s revenue is linked to trading volumes, derivatives activity, listings, and interest earned on eligible balances. These drivers can fluctuate with market participation and rates, creating an enduring sensitivity in earnings even with a strong infrastructure position.

Singapore Exchange News

SPXCY FAQ

What was Singapore Exchange Ltd’s price range in the past 12 months?
Singapore Exchange Ltd lowest stock price was $25.09 and its highest was $40.20 in the past 12 months.
    What is Singapore Exchange Ltd’s market cap?
    Singapore Exchange Ltd’s market cap is $18.62B.
      When is Singapore Exchange Ltd’s upcoming earnings report date?
      Singapore Exchange Ltd’s upcoming earnings report date is Feb 11, 2027 which is in 144 days.
        How were Singapore Exchange Ltd’s earnings last quarter?
        Singapore Exchange Ltd released its earnings results on Aug 06, 2026. The company reported $0.52 earnings per share for the quarter.
          Is Singapore Exchange Ltd overvalued?
          According to Wall Street analysts Singapore Exchange Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Singapore Exchange Ltd pay dividends?
            Singapore Exchange Ltd pays a Semiannually dividend of $0.374 which represents an annual dividend yield of 1.93%. See more information on Singapore Exchange Ltd dividends here
              What is Singapore Exchange Ltd’s EPS estimate?
              Singapore Exchange Ltd’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Singapore Exchange Ltd have?
              Singapore Exchange Ltd has 535,340,700 shares outstanding.
                What happened to Singapore Exchange Ltd’s price movement after its last earnings report?
                Singapore Exchange Ltd reported an EPS of $0.52 in its last earnings report. Following the earnings report the stock price went up 1.118%.
                  Which hedge fund is a major shareholder of Singapore Exchange Ltd?
                  Currently, no hedge funds are holding shares in SPXCY
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Singapore Exchange Stock Smart Score

                    4
                    Neutral
                    1
                    2
                    3
                    4
                    5
                    6
                    7
                    8
                    9
                    10

                    Technicals

                    SMA
                    Positive
                    20 days / 200 days
                    Momentum
                    35.10%
                    12-Months-Change

                    Fundamentals

                    Return on Equity
                    1.93%
                    Trailing 12-Months
                    Asset Growth
                    8.15%
                    Trailing 12-Months
                    Learn more about TipRanks Smart Score

                    Company Description

                    Singapore Exchange Ltd

                    Singapore Exchange Limited (SGX), along with its subsidiary entities, functions as a fully integrated platform for trading securities and derivatives, offering associated clearing services within Singapore. Its operations are organized into three principal divisions: Fixed Income, Currencies, and Commodities (FICC); Equities; and Data, Connectivity, and Indices. The FICC segment facilitates the issuance, trading, and clearing of fixed income instruments, foreign currencies, and commodities, including comprehensive collateral management services. The Equities division encompasses a wide array of offerings, from supporting equity issuance to managing the trading and clearing of both securities and derivatives, handling securities settlement and depository functions, and providing collateral management. Meanwhile, the Data, Connectivity, and Indices segment delivers critical market data solutions, connectivity services, and the administration of various financial indices. Beyond these core business lines, SGX offers crucial auxiliary services such as counterparty guarantees and depository functions for securities and derivatives transactions. It also engages in bond trading, executes front-line regulatory responsibilities, and provides computer and software maintenance. The company operates an electronic platform for foreign exchange trading and offers management consultancy for index-related activities. Additionally, SGX furnishes membership and management services to its related corporations, distributes data and indices for the bulk freight market, and manages an electricity market. Its services further extend to administrative support for index calculation, risk analysis, and financial research. Furthermore, SGX has entered into a global partnership agreement with New Zealand's Exchange, aiming to collaboratively expand its dairy derivatives market. Singapore Exchange Limited was founded in 1999 and its headquarters are situated in Singapore.

                    Singapore Exchange (SPXCY) Earnings & Revenues

                    SPXCY Company Deck

                    SPXCY Earnings Call

                    Q4 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed strong, broad-based operating performance across multiple business lines with record or multi-year highs in revenue, FX volume, SDAV and derivatives activity. Management highlighted margin expansion, a healthy balance sheet, a meaningful rise in dividends, continued investment in platform and product innovation (including crypto perpetual futures and long-dated JGB futures), and an expanding IPO pipeline including the NASDAQ GLB partnership. Key headwinds were a decline in treasury income, a $15 million impairment at Scientific Beta, a modest fall in equity derivatives revenue (-6%), and some higher operating costs. Overall, the positive operational momentum and financial strength substantially outweigh the identified challenges, which appear manageable and mostly non-recurring or being actively mitigated.View all SPXCY earnings summaries
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                    Ownership Overview

                    0.06%<0.01%99.94%
                    Insiders
                    <0.01% Other Institutional Investors
                    99.94% Public Companies and
                    Individual Investors
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