SATS appears to be in an oversold condition. SATS currently trades at 18.1x FY26F PE and 15.4x FY27F PE.
The target price has been adjusted to S$4.00, based on an 18.4x FY27F PE valuation, which is 0.5 standard deviations (SD) below its historical mean PE of 19.9x.
The negative impact of tariff and tax rule changes is likely already priced in,