OREANDA-NEWS. The largest 10 transportation stocks listed on Singapore Exchange (SGX) have a combined market capitalisation of S$45.0 billion. This includes four stocks of the Straits Times Index (STI) - Singapore Airlines, Hutchison Port Holdings Trust, ComfortDelGro Corporation and SIA Engineering Company – which together make up 6.1% of the STI weightings. The next 5 largest stocks in the top 10 are SATS, Singapore Post, Neptune Orient Lines, Pan Ocean Co. and SMRT Corporation.

The MSCI World Transportation Index is made up of the largest transportation stocks across the world with a combined market capitalisation of US$1.1 trillion. This Index has declined 4.4% in the year thus far, taking its 12 month price performance to a 0.3% decline. The Index trades at an average price-earnings (P/E) ratio of 18.9 and maintains a dividend yield of 2.2%.

By comparison, the largest 10 transportation stocks listed on SGX and trade at an average P/E ratio of 22.8. This P/E ratio shows the average price investors are willing to pay for every dollar these ten stock earned. In the year-to-date the 10 transport stocks averaged a 2.5% price loss and averaged dividend-boosted returns of -0.2%.  This brought their one-year and three-year returns to 2.4% and 21.4% respectively. The 10 stocks maintain an average indicative dividend yield of 3.8%.

Among the group of ten stocks categorised to the transportation sector by the Global Industry Classification Standard (GICS®), the five best performers in the year to date were: CWT, SATS, ComfortDelGro Corporation, Singapore Post, and Neptune Orient Lines. The table below details the 10 transportation stocks, note that by clicking on a name it will take you directly to its page on SGX StockFacts.

Name SGX Code Mkt. Cap. in S$ mm % Price Change YTD % Change - Dividend Adj. YTD % Change - Dividend Adj. [1 Year] % Change - Dividend Adj.  [3 Years] Div. Ind Yld. in %
Singapore Airlines C6L 11,723 -13.7 -12.3 3.2 -0.1 2.2
Hutchison Port Holdings Trust NS8U 7,037 -11.5 -4.5 -0.5 12.6 8.2
ComfortDelGro Corporation C52 6,464 15.8 17.5 23.0 92.2 2.8
SATS S58 4,172 23.6 26.5 29.9 67.8 3.7
Singapore Post S08 4,117 -0.3 2.9 13.8 105.4 3.4
SIA Engineering Company S59 3,930 -17.1 -15.1 -20.5 -4.6 4.1
Neptune Orient Lines N03 2,172 -0.6 -0.6 -13.0 -29.5 N/A
Pan Ocean Co. AZY 2,142 -28.7 -28.7 -18.0 -89.7 N/A
SMRT Corporation S53 1,918 -20.3 -19.3 -18.0 -20.2 2.6
CWT C14 1,225 27.5 32.0 24.2 79.8 3.4
Average     -2.5 -0.2 2.4 21.4 3.8

Source: SGX StockFacts (Data as of 17 August 2015)

On average, the stocks were trading 18.5% below their 12-month high price, and 15.3% above their 12-month low price. The five stocks that were trading closest to their 12-month high price were: CWT, SATS, ComfortDelGro Corporation, Singapore Post, and SMRT Corporation.

Source: SGX StockFacts (Data as of 17 August 2015)

The next 10 largest capitalised stocks that represent the transportation sector after the 10 tabled above are China Merchants Holdings (Pacific), Keppel Telecommunications & Transportation , Tiger Airways Holdings, SBS Transit , Vibrant Group, Rickmers Maritime, Singapore Shipping Corporation, Ramba Energy, Manhattan Resources and Samudera Shipping Line.