View ValuationSarine Technologies 将来の成長Future 基準チェック /06現在、 Sarine Technologiesの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Machinery 収益成長12.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Major Estimate Revision • Nov 22Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$49.1m to US$42.3m. EPS estimate fell from US$0.0065 to US$0.0008 per share. Net income forecast to shrink 49% next year vs 0.5% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.30 to S$0.25. Share price was steady at S$0.28 over the past week.Major Estimate Revision • Aug 20Consensus EPS estimates fall by 67%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$51.7m to US$49.1m. EPS estimate also fell from US$0.0198 per share to US$0.0065 per share. Net income forecast to shrink 8.3% next year vs 10% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.33 to S$0.30. Share price fell 15% to S$0.35 over the past week.Major Estimate Revision • Mar 01Consensus EPS estimates fall by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$56.6m to US$51.7m. EPS estimate also fell from US$0.031 per share to US$0.02 per share. Net income forecast to shrink 13% next year vs 9.9% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.46 to S$0.33. Share price fell 2.5% to S$0.39 over the past week.Major Estimate Revision • Aug 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.03 to US$0.03. Revenue forecast unchanged at US$57.2m. Net income forecast to grow 9.8% next year vs 8.3% growth forecast for Machinery industry in Singapore. Consensus price target broadly unchanged at S$0.50. Share price rose 2.6% to S$0.40 over the past week.Major Estimate Revision • May 20Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.02 to US$0.03. Revenue forecast steady at US$57.2m. Net income forecast to shrink 40% next year vs 3.9% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.46 to S$0.50. Share price rose 10% to S$0.47 over the past week.Major Estimate Revision • Aug 11Consensus EPS estimates increase to US$0.039The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from US$53.3m to US$58.5m. EPS estimate increased from US$0.031 to US$0.039 per share. Net income forecast to shrink 3.7% next year vs 31% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.77 to S$0.88. Share price was steady at S$0.77 over the past week.すべての更新を表示Recent updatesReported Earnings • Apr 11Full year 2025 earnings released: US$0.011 loss per share (vs US$0.003 profit in FY 2024)Full year 2025 results: US$0.011 loss per share (down from US$0.003 profit in FY 2024). Revenue: US$29.6m (down 25% from FY 2024). Net loss: US$3.88m (down 461% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Apr 07Sarine Technologies Ltd., Annual General Meeting, Apr 29, 2026Sarine Technologies Ltd., Annual General Meeting, Apr 29, 2026, at 15:00 Singapore Standard Time. Location: britannia room, level 3, nco club, at the jw marriot singapore south beach hotel, 30 beach rd, singapore 189763, SingaporeReported Earnings • Mar 03Full year 2025 earnings released: US$0.011 loss per share (vs US$0.003 profit in FY 2024)Full year 2025 results: US$0.011 loss per share (down from US$0.003 profit in FY 2024). Revenue: US$29.6m (down 25% from FY 2024). Net loss: US$3.88m (down 461% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (S$73.2m market cap, or US$58.0m).分析記事 • Sep 18Sarine Technologies Ltd.'s (SGX:U77) 32% Share Price Surge Not Quite Adding UpSarine Technologies Ltd. ( SGX:U77 ) shareholders have had their patience rewarded with a 32% share price jump in the...New Risk • Sep 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (S$92.1m market cap, or US$72.0m).お知らせ • Aug 19Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 33% stake in KITOV AI Ltd for $4.1 million.Sarine Technologies Ltd. (SGX:U77) signed a non-binding letter of intent term sheet to acquire 33% stake in KITOV AI Ltd on February 23, 2025. The transaction is subject to the usual due diligence reviews and to reaching and executing a definitive agreement, a majority share in Kitov.AI against an all-cash consideration. Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 33% stake in KITOV AI Ltd for $4.1 million on August 18, 2025. The concluded deal includes an initial cash investment of $4.1 million in consideration of a just over 33% stake in Kitov.ai, paid in part to the existing shareholders of Kitov.ai and in part infused into Kitov.ai as working capital. Sarine is also lending Kitov.ai an additional $2.6 million, in the form of a convertible loan, which, not before 01 January 2027 and not after 15 February 2028, can be converted, at Sarine’s sole discretion, into additional equity shares, bringing Sarine's total stake in Kitov.ai to 51%. If Sarine does not convert the the aforesaid convertible loan, the aggregate consideration payable by Sarine for its 33% of Kitov.ai's shares shall be $4.1M and the said convertible loan shall bear interest and be payable to Sarine. Kitov.ai will retain the founding visionaries and the core R&D team, has engaged a new manager of its U.S. operations and will be engaging new C-suite executives and a new Product/Business Manager.Reported Earnings • Aug 13First half 2025 earnings released: EPS: US$0 (vs US$0.003 in 1H 2024)First half 2025 results: EPS: US$0 (down from US$0.003 in 1H 2024). Revenue: US$15.3m (down 30% from 1H 2024). Net loss: US$166.0k (down 116% from profit in 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.New Risk • Aug 12New major risk - Revenue and earnings growthEarnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (S$75.1m market cap, or US$58.4m).Buy Or Sell Opportunity • Aug 11Now 25% undervaluedOver the last 90 days, the stock has risen 4.8% to S$0.22. The fair value is estimated to be S$0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company has become profitable.分析記事 • Apr 17It Looks Like Sarine Technologies Ltd.'s (SGX:U77) CEO May Expect Their Salary To Be Put Under The MicroscopeKey Insights Sarine Technologies' Annual General Meeting to take place on 24th of April CEO David Block's total...Reported Earnings • Apr 08Full year 2024 earnings released: EPS: US$0.003 (vs US$0.008 loss in FY 2023)Full year 2024 results: EPS: US$0.003 (up from US$0.008 loss in FY 2023). Revenue: US$39.2m (down 8.7% from FY 2023). Net income: US$1.07m (up US$3.88m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.お知らせ • Apr 03Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2025Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2025, at 15:00 Singapore Standard Time. Location: the empress ballroom 1, level 2, singapore carlton hotel, 76 bras basah rd., singapore 189558, Singapore分析記事 • Mar 03Sarine Technologies' (SGX:U77) Earnings Offer More Than Meets The EyeThe market seemed underwhelmed by last week's earnings announcement from Sarine Technologies Ltd. ( SGX:U77 ) despite...Reported Earnings • Feb 27Full year 2024 earnings released: EPS: US$0.003 (vs US$0.008 loss in FY 2023)Full year 2024 results: EPS: US$0.003 (up from US$0.008 loss in FY 2023). Revenue: US$39.2m (down 8.7% from FY 2023). Net income: US$1.07m (up US$3.88m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 16First half 2024 earnings released: EPS: US$0.003 (vs US$0.003 in 1H 2023)First half 2024 results: EPS: US$0.003 (in line with 1H 2023). Revenue: US$21.9m (down 7.8% from 1H 2023). Net income: US$1.02m (up 7.2% from 1H 2023). Profit margin: 4.7% (up from 4.0% in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Declared Dividend • Aug 15Dividend of US$0.0075 announcedShareholders will receive a dividend of US$0.0075. Ex-date: 27th August 2024 Payment date: 12th September 2024 Dividend yield will be 3.1%, which is higher than the industry average of 3.0%.分析記事 • Aug 02Subdued Growth No Barrier To Sarine Technologies Ltd.'s (SGX:U77) PriceWhen you see that almost half of the companies in the Machinery industry in Singapore have price-to-sales ratios (or...お知らせ • Apr 03Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2024Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2024, at 15:00 Singapore Standard Time. Location: e Empress Ballroom 1, Level 2, at the Singapore, Carlton Hotel, 76 Bras Basah Rd Singapore Singapore Agenda: To receive and consider the audited accounts for the year ended 31 December 2023 and the reports of the directors and auditors thereon; to re-appoint Somekh Chaikin Certified Public Accountants (Isr.), Member firm of KPMG International and Chaikin, Cohen, Rubin and Co., Certified Public Accountants (Isr.) as external auditors and to authorise the Board of Directors to fix their remuneration; to approve 2024 2026 Remuneration Policy; to approve 2024 Remuneration Package for Daniel Benjamin Glinert, Executive Chairman of the Board; to approve 2024 Remuneration Package for David Block, CEO; and to consider other matters.Reported Earnings • Feb 27Full year 2023 earnings released: US$0.008 loss per share (vs US$0.025 profit in FY 2022)Full year 2023 results: US$0.008 loss per share (down from US$0.025 profit in FY 2022). Revenue: US$42.9m (down 27% from FY 2022). Net loss: US$2.80m (down 132% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Jan 19Sarine Technologies Ltd. Announces Launch of the Most Valuable Planning SoftwareSarine Technologies Ltd. announced the launch of the Most Valuable Planning software, which yet again redefines the limits of rough diamond planning, generating up to 5% added value from the polished diamonds derived. Sarine has again revolutionised the planning of rough diamonds with its launch of the Most Valuable Planning (MVP) software. The next generation planning algorithm, currently introduced for very small rough diamonds of half a carat and below, generates significant added value to the polished output, dependent also on the quality of the rough on which it is applied. Initial beta runs show up to 5% additional value. The new planning solution is a fully automated cloud-based service, thus also reducing the manpower involved in the planning process, bringing additional cost-savings and efficiencies to the manufacturer. The development of the paradigm will continue so as to be applicable to rough diamonds in the 50-90 points range later this year, and will be further extended in 2025 to larger sizes. MVP will be offered as an optional service to the Advisor® 8.0 rough planning software package, and will be charged on a per-use basis. As the domain which MVP addresses is very extensive (tens of millions of stones of these sizes are scanned annually on Sarine Galaxy® systems and hundreds of millions are polished) and its added value significant, The company expects a new recurring revenue stream to be generated from its adoption over time. The Company also expect the MVP to drive additional sales of the Galaxy® MeteoriteTM Plus and reduce the appeal of illegally infringed IP systems. The MVP is, as aforementioned, cloud based, which provides an additional layer of IP protection in this highly competitive segment. Concurrent with the extension of MVP to the 50-90 point segment of stones, The Company will introduce later this year a new model Galaxy® MeteorTM Plus, with similar throughput and automation benefits as implemented in the Galaxy® MeteoriteTM Plus model.Major Estimate Revision • Nov 22Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$49.1m to US$42.3m. EPS estimate fell from US$0.0065 to US$0.0008 per share. Net income forecast to shrink 49% next year vs 0.5% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.30 to S$0.25. Share price was steady at S$0.28 over the past week.Major Estimate Revision • Aug 20Consensus EPS estimates fall by 67%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$51.7m to US$49.1m. EPS estimate also fell from US$0.0198 per share to US$0.0065 per share. Net income forecast to shrink 8.3% next year vs 10% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.33 to S$0.30. Share price fell 15% to S$0.35 over the past week.New Risk • Aug 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: S$124.0m (US$91.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 191% Cash payout ratio: 319% Minor Risks Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (S$124.0m market cap, or US$91.3m).Reported Earnings • Aug 16First half 2023 earnings released: EPS: US$0.003 (vs US$0.019 in 1H 2022)First half 2023 results: EPS: US$0.003 (down from US$0.019 in 1H 2022). Revenue: US$23.7m (down 24% from 1H 2022). Net income: US$953.0k (down 85% from 1H 2022). Profit margin: 4.0% (down from 21% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Singapore. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 274% Cash payout ratio: 318% Dividend yield: 10% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 274% Cash payout ratio: 318% Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).お知らせ • Jul 07Sarine Technologies Ltd. Announces the Introduction of CarbonveroSarine Technologies Ltd. announced the introduction of CarbonVERO, a ground-breaking unique offering that meticulously records the energy consumption and carbon footprint of each individual diamond, from its origin as mined rough to its exquisite polished form. The resultant exhaustive data is made accessible via Sarine's Diamond Journey traceability solution. This pioneering innovation is the result of a strategic collaboration with highly respected diamond manufacturer and trader Andre Messika Ltd. and The Carbon Trust, a renowned authority in carbon emissions assessment. never before has a rough diamond manufacturing facility measured each individual stage of the cutting and polishing process to achieve a cumulative result on the process' environmental impact. This data will now be accrued and accessible as another layer of information in Sarine's Diamond Journey traceable reporting, covering scopes 1, 2 and 3 data - from the mined source extraction process through to the cutting and polishing of the final product, with further capability to include freight and distribution impacts from the factory right up until the polished diamond reaches the customer's door. Andre Messika Ltd. will apply CarbonVERO, a construct for capturing raw data, to all its Namibian sourced diamonds, providing supply chain insights and adding a new layer to traceability - tracing the carbon impact. While many organizations are undertaking various types of carbon footprinting, this is the first time in the diamond industry where the actual measurement and calculation of the energy consumption and CO2 emissions from mined rough to polished gem for each individual diamond will be provided. CarbonVERO will empower both B2B manufacturers and B2C diamond brands to disclose key environmental impact data transparently to their customers.Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Boon Ann Sin was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 24Sarine Technologies Ltd. Approves the Final Dividend for the Year Ended 31 December 2022Sarine Technologies Ltd. approved the final dividend of US cent 1.0 (gross) per share less tax (as applicable) for the year ended 31 December 2022, at the AGM held on April 24, 2023.お知らせ • May 12Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 70% stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family for $5.65 million.Sarine Technologies Ltd. (SGX:U77) signed a non-binding MOU to acquire an unknown majority stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family on January 11, 2023. Under the terms of the transaction, Sarine will pay the consideration in all cash. The transaction is subject to the due diligence reviews and to reaching and executing a definitive agreement. Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 70% stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family on May 9, 2023.Upcoming Dividend • Apr 21Upcoming dividend of US$0.01 per share at 9.1% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 12 May 2023. Payout ratio and cash payout ratio are on the higher end at 100% and 88% respectively. Trailing yield: 9.1%. Within top quartile of Singaporean dividend payers (6.3%). Higher than average of industry peers (3.8%).分析記事 • Mar 30Is There Now An Opportunity In Sarine Technologies Ltd. (SGX:U77)?Sarine Technologies Ltd. ( SGX:U77 ), is not the largest company out there, but it saw a decent share price growth in...Major Estimate Revision • Mar 01Consensus EPS estimates fall by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$56.6m to US$51.7m. EPS estimate also fell from US$0.031 per share to US$0.02 per share. Net income forecast to shrink 13% next year vs 9.9% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.46 to S$0.33. Share price fell 2.5% to S$0.39 over the past week.分析記事 • Feb 09Estimating The Intrinsic Value Of Sarine Technologies Ltd. (SGX:U77)Does the February share price for Sarine Technologies Ltd. ( SGX:U77 ) reflect what it's really worth? Today, we will...分析記事 • Jan 11Sarine Technologies (SGX:U77) May Have Issues Allocating Its CapitalTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Major Estimate Revision • Aug 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.03 to US$0.03. Revenue forecast unchanged at US$57.2m. Net income forecast to grow 9.8% next year vs 8.3% growth forecast for Machinery industry in Singapore. Consensus price target broadly unchanged at S$0.50. Share price rose 2.6% to S$0.40 over the past week.Reported Earnings • Aug 09First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down US$12.6m from profit in 1H 2021). Profit margin: (down from 35% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 2.7% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • May 20Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.02 to US$0.03. Revenue forecast steady at US$57.2m. Net income forecast to shrink 40% next year vs 3.9% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.46 to S$0.50. Share price rose 10% to S$0.47 over the past week.分析記事 • May 13Here's What To Make Of Sarine Technologies' (SGX:U77) Decelerating Rates Of ReturnIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Upcoming Dividend • Apr 29Upcoming dividend of US$0.01 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 19 May 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of Singaporean dividend payers (5.8%). Lower than average of industry peers (7.1%).Reported Earnings • Apr 06Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: US$0.047 (up from US$0.007 in FY 2020). Revenue: US$62.1m (up 52% from FY 2020). Net income: US$16.5m (up US$14.1m from FY 2020). Profit margin: 27% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 8.0% compared to a 16% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: US$0.047 (up from US$0.007 in FY 2020). Revenue: US$62.1m (up 52% from FY 2020). Net income: US$16.5m (up US$14.1m from FY 2020). Profit margin: 27% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 15%, compared to a 37% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 17Should You Be Adding Sarine Technologies (SGX:U77) To Your Watchlist Today?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...Recent Insider Transactions Derivative • Aug 19Key Executive exercised options to buy S$255k worth of stock.On the 10th of August, Daniel Glinert exercised options to buy 375k shares at a strike price of around S$0.37, costing a total of S$138k. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. Since December 2020, Daniel has owned 12.36m shares directly. Company insiders have collectively sold S$2.7m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Aug 11The Strong Earnings Posted By Sarine Technologies (SGX:U77) Are A Good Indication Of The Strength Of The BusinessSarine Technologies Ltd. ( SGX:U77 ) just reported healthy earnings but the stock price didn't move much. Our analysis...Major Estimate Revision • Aug 11Consensus EPS estimates increase to US$0.039The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from US$53.3m to US$58.5m. EPS estimate increased from US$0.031 to US$0.039 per share. Net income forecast to shrink 3.7% next year vs 31% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.77 to S$0.88. Share price was steady at S$0.77 over the past week.Reported Earnings • Aug 09First half 2021 earnings released: EPS US$0.036 (vs US$0.003 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$36.0m (up 61% from 1H 2020). Net income: US$12.6m (up US$11.4m from 1H 2020). Profit margin: 35% (up from 5.2% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.分析記事 • May 13Should You Investigate Sarine Technologies Ltd. (SGX:U77) At S$0.57?Sarine Technologies Ltd. ( SGX:U77 ), might not be a large cap stock, but it saw a decent share price growth in the...分析記事 • Apr 20We Discuss Why Sarine Technologies Ltd.'s (SGX:U77) CEO Compensation May Be Closely ReviewedThe results at Sarine Technologies Ltd. ( SGX:U77 ) have been quite disappointing recently and CEO David Block bears...分析記事 • Apr 14Sarine Technologies (SGX:U77) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Reported Earnings • Apr 10Full year 2020 earnings released: EPS US$0.007 (vs US$0.004 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$41.0m (down 20% from FY 2019). Net income: US$2.37m (up US$3.74m from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.分析記事 • Mar 03Here's What To Make Of Sarine Technologies' (SGX:U77) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Reported Earnings • Mar 02Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$41.0m (down 20% from FY 2019). Net income: US$2.37m (up US$3.74m from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses.分析記事 • Jan 25Introducing Sarine Technologies (SGX:U77), A Stock That Climbed 68% In The Last YearThese days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But if you pick...Recent Insider Transactions • Jan 19Insider recently sold S$1.9m worth of stockOn the 15th of January, Hanoh Stark sold around 5m shares on-market at roughly S$0.43 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$2.9m more than they bought in the last 12 months.Recent Insider Transactions • Jan 12Insider recently sold S$931k worth of stockOn the 8th of January, Hanoh Stark sold around 2m shares on-market at roughly S$0.45 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.お知らせ • Jan 09Digital Tenders Utilising Sarine Technologies Evolving as Preferred Platform for Rough TradingSarine Technologies Ltd. announced that its technology for digital tenders of rough diamonds is gaining traction, enabling the market to trade rough diamonds ef iciently and safely, overcoming pandemic impediments. Sarine's solution provides both rough diamond producers and secondary wholesale tender houses, along with rough diamond buyers, with the ability to trade rough more ef iciently than ever before. The diamonds are initially scanned on Sarine's DiaExpert® and Galaxy® systems for external and internal mapping of their features. Once scanned an Advisor® planning file is created, which provides potential customers with the ability to plan and determine the true value of the polished diamonds that can be derived from each rough diamond, in accordance with their specific in-house criteria and priorities, thereby ascertaining on which diamonds they should optimally bid.Is New 90 Day High Low • Jan 08New 90-day high: S$0.45The company is up 82% from its price of S$0.24 on 08 October 2020. The Singaporean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period.分析記事 • Dec 29Sarine Technologies Ltd.'s (SGX:U77) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?Sarine Technologies (SGX:U77) has had a great run on the share market with its stock up by a significant 76% over the...Is New 90 Day High Low • Dec 23New 90-day high: S$0.38The company is up 60% from its price of S$0.23 on 24 September 2020. The Singaporean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 2.0% over the same period.分析記事 • Nov 25Does Sarine Technologies' (SGX:U77) CEO Salary Compare Well With Industry Peers?David Block became the CEO of Sarine Technologies Ltd. (SGX:U77) in 2017, and we think it's a good time to look at the...Is New 90 Day High Low • Nov 05New 90-day high: S$0.35The company is up 63% from its price of S$0.21 on 07 August 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is down 30% over the same period.Is New 90 Day High Low • Oct 16New 90-day high: S$0.26The company is up 27% from its price of S$0.20 on 17 July 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is down 30% over the same period.お知らせ • Sep 22Sarine Technologies to Adapt Automated 4Cs Grading to Tiffany & Co. RequirementsSarine Technologies Ltd, announced that it is working with Tiffany & Co. to adapt its artificial intelligence based grading technology to Tiffany's stringent grading guidelines and criteria. The aim to perfect the way diamonds are graded and to ensure consistent and accurate grading is a key element in securing consumers' trust in diamonds. Sarine has invested significant R&D efforts and has been at the forefront of this quest, employing computer vision, advanced software algorithms, machine learning and AI to realize technology-based AI-driven objective grading. Sarine's automated grading technology substantially removes subjective human error and bias from the grading process, enabling a new level of accuracy, reliability and consistency. Sarine and Tiffany will now be working closely together to further develop and adapt Sarine's solution to meet Tiffany's discriminating grading standards for Color and Clarity. Sarine's automated grading technology, introduced in early 2018, was developed to be 'GIA compatible', meaning the basis for the machine learning and grading was the GIA grading system. Tiffany's stringent grading standards pose additional challenges, which require further refinement to adapt the paradigm to Tiffany's requirements. Sarine Technologies entered into a strategic cooperation with Tiffany in 2011, the purpose then was to develop an automated system for the grading of a polished diamond's symmetry to standards set by Tiffany. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Sarine Technologies は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SGX:U77 - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202530-444N/A9/30/202531-255N/A6/30/202533066N/A3/31/202536078N/A12/31/202439199N/A9/30/202440-177N/A6/30/202441-345N/A3/31/202442-312N/A12/31/202343-3-2-1N/A9/30/202347002N/A6/30/202351335N/A3/31/202355689N/A12/31/20225991213N/A9/30/202258101314N/A6/30/202257101414N/A3/31/202260131718N/A12/31/202162162021N/A9/30/202158152020N/A6/30/202155141919N/A3/31/202148889N/A12/31/2020412-3-2N/A9/30/2020463-2-1N/A6/30/2020513-3-2N/A3/31/2020521-10N/A12/31/201951-178N/A9/30/201949-2N/A8N/A6/30/201946-2N/A8N/A3/31/2019533N/A12N/A12/31/2018598N/A14N/A9/30/2018598N/A12N/A6/30/2018597N/A10N/A3/31/2018596N/A13N/A12/31/2017596N/A11N/A9/30/20176510N/A13N/A6/30/20177115N/A20N/A3/31/20177317N/A23N/A12/31/20167318N/A22N/A9/30/20166614N/A19N/A6/30/2016589N/A15N/A3/31/2016526N/A9N/A12/31/2015484N/A6N/A9/30/2015546N/A12N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: U77の予測収益成長が 貯蓄率 ( 2.6% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: U77の収益がSG市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: U77の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: U77の収益がSG市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: U77の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: U77の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/08 10:16終値2026/07/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Sarine Technologies Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Colin TanCGS InternationalAi TanDBS Bank LtdSachin MittalDBS Bank Ltd3 その他のアナリストを表示
Major Estimate Revision • Nov 22Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$49.1m to US$42.3m. EPS estimate fell from US$0.0065 to US$0.0008 per share. Net income forecast to shrink 49% next year vs 0.5% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.30 to S$0.25. Share price was steady at S$0.28 over the past week.
Major Estimate Revision • Aug 20Consensus EPS estimates fall by 67%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$51.7m to US$49.1m. EPS estimate also fell from US$0.0198 per share to US$0.0065 per share. Net income forecast to shrink 8.3% next year vs 10% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.33 to S$0.30. Share price fell 15% to S$0.35 over the past week.
Major Estimate Revision • Mar 01Consensus EPS estimates fall by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$56.6m to US$51.7m. EPS estimate also fell from US$0.031 per share to US$0.02 per share. Net income forecast to shrink 13% next year vs 9.9% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.46 to S$0.33. Share price fell 2.5% to S$0.39 over the past week.
Major Estimate Revision • Aug 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.03 to US$0.03. Revenue forecast unchanged at US$57.2m. Net income forecast to grow 9.8% next year vs 8.3% growth forecast for Machinery industry in Singapore. Consensus price target broadly unchanged at S$0.50. Share price rose 2.6% to S$0.40 over the past week.
Major Estimate Revision • May 20Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.02 to US$0.03. Revenue forecast steady at US$57.2m. Net income forecast to shrink 40% next year vs 3.9% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.46 to S$0.50. Share price rose 10% to S$0.47 over the past week.
Major Estimate Revision • Aug 11Consensus EPS estimates increase to US$0.039The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from US$53.3m to US$58.5m. EPS estimate increased from US$0.031 to US$0.039 per share. Net income forecast to shrink 3.7% next year vs 31% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.77 to S$0.88. Share price was steady at S$0.77 over the past week.
Reported Earnings • Apr 11Full year 2025 earnings released: US$0.011 loss per share (vs US$0.003 profit in FY 2024)Full year 2025 results: US$0.011 loss per share (down from US$0.003 profit in FY 2024). Revenue: US$29.6m (down 25% from FY 2024). Net loss: US$3.88m (down 461% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 07Sarine Technologies Ltd., Annual General Meeting, Apr 29, 2026Sarine Technologies Ltd., Annual General Meeting, Apr 29, 2026, at 15:00 Singapore Standard Time. Location: britannia room, level 3, nco club, at the jw marriot singapore south beach hotel, 30 beach rd, singapore 189763, Singapore
Reported Earnings • Mar 03Full year 2025 earnings released: US$0.011 loss per share (vs US$0.003 profit in FY 2024)Full year 2025 results: US$0.011 loss per share (down from US$0.003 profit in FY 2024). Revenue: US$29.6m (down 25% from FY 2024). Net loss: US$3.88m (down 461% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (S$73.2m market cap, or US$58.0m).
分析記事 • Sep 18Sarine Technologies Ltd.'s (SGX:U77) 32% Share Price Surge Not Quite Adding UpSarine Technologies Ltd. ( SGX:U77 ) shareholders have had their patience rewarded with a 32% share price jump in the...
New Risk • Sep 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (S$92.1m market cap, or US$72.0m).
お知らせ • Aug 19Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 33% stake in KITOV AI Ltd for $4.1 million.Sarine Technologies Ltd. (SGX:U77) signed a non-binding letter of intent term sheet to acquire 33% stake in KITOV AI Ltd on February 23, 2025. The transaction is subject to the usual due diligence reviews and to reaching and executing a definitive agreement, a majority share in Kitov.AI against an all-cash consideration. Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 33% stake in KITOV AI Ltd for $4.1 million on August 18, 2025. The concluded deal includes an initial cash investment of $4.1 million in consideration of a just over 33% stake in Kitov.ai, paid in part to the existing shareholders of Kitov.ai and in part infused into Kitov.ai as working capital. Sarine is also lending Kitov.ai an additional $2.6 million, in the form of a convertible loan, which, not before 01 January 2027 and not after 15 February 2028, can be converted, at Sarine’s sole discretion, into additional equity shares, bringing Sarine's total stake in Kitov.ai to 51%. If Sarine does not convert the the aforesaid convertible loan, the aggregate consideration payable by Sarine for its 33% of Kitov.ai's shares shall be $4.1M and the said convertible loan shall bear interest and be payable to Sarine. Kitov.ai will retain the founding visionaries and the core R&D team, has engaged a new manager of its U.S. operations and will be engaging new C-suite executives and a new Product/Business Manager.
Reported Earnings • Aug 13First half 2025 earnings released: EPS: US$0 (vs US$0.003 in 1H 2024)First half 2025 results: EPS: US$0 (down from US$0.003 in 1H 2024). Revenue: US$15.3m (down 30% from 1H 2024). Net loss: US$166.0k (down 116% from profit in 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
New Risk • Aug 12New major risk - Revenue and earnings growthEarnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (S$75.1m market cap, or US$58.4m).
Buy Or Sell Opportunity • Aug 11Now 25% undervaluedOver the last 90 days, the stock has risen 4.8% to S$0.22. The fair value is estimated to be S$0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company has become profitable.
分析記事 • Apr 17It Looks Like Sarine Technologies Ltd.'s (SGX:U77) CEO May Expect Their Salary To Be Put Under The MicroscopeKey Insights Sarine Technologies' Annual General Meeting to take place on 24th of April CEO David Block's total...
Reported Earnings • Apr 08Full year 2024 earnings released: EPS: US$0.003 (vs US$0.008 loss in FY 2023)Full year 2024 results: EPS: US$0.003 (up from US$0.008 loss in FY 2023). Revenue: US$39.2m (down 8.7% from FY 2023). Net income: US$1.07m (up US$3.88m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 03Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2025Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2025, at 15:00 Singapore Standard Time. Location: the empress ballroom 1, level 2, singapore carlton hotel, 76 bras basah rd., singapore 189558, Singapore
分析記事 • Mar 03Sarine Technologies' (SGX:U77) Earnings Offer More Than Meets The EyeThe market seemed underwhelmed by last week's earnings announcement from Sarine Technologies Ltd. ( SGX:U77 ) despite...
Reported Earnings • Feb 27Full year 2024 earnings released: EPS: US$0.003 (vs US$0.008 loss in FY 2023)Full year 2024 results: EPS: US$0.003 (up from US$0.008 loss in FY 2023). Revenue: US$39.2m (down 8.7% from FY 2023). Net income: US$1.07m (up US$3.88m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 16First half 2024 earnings released: EPS: US$0.003 (vs US$0.003 in 1H 2023)First half 2024 results: EPS: US$0.003 (in line with 1H 2023). Revenue: US$21.9m (down 7.8% from 1H 2023). Net income: US$1.02m (up 7.2% from 1H 2023). Profit margin: 4.7% (up from 4.0% in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Declared Dividend • Aug 15Dividend of US$0.0075 announcedShareholders will receive a dividend of US$0.0075. Ex-date: 27th August 2024 Payment date: 12th September 2024 Dividend yield will be 3.1%, which is higher than the industry average of 3.0%.
分析記事 • Aug 02Subdued Growth No Barrier To Sarine Technologies Ltd.'s (SGX:U77) PriceWhen you see that almost half of the companies in the Machinery industry in Singapore have price-to-sales ratios (or...
お知らせ • Apr 03Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2024Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2024, at 15:00 Singapore Standard Time. Location: e Empress Ballroom 1, Level 2, at the Singapore, Carlton Hotel, 76 Bras Basah Rd Singapore Singapore Agenda: To receive and consider the audited accounts for the year ended 31 December 2023 and the reports of the directors and auditors thereon; to re-appoint Somekh Chaikin Certified Public Accountants (Isr.), Member firm of KPMG International and Chaikin, Cohen, Rubin and Co., Certified Public Accountants (Isr.) as external auditors and to authorise the Board of Directors to fix their remuneration; to approve 2024 2026 Remuneration Policy; to approve 2024 Remuneration Package for Daniel Benjamin Glinert, Executive Chairman of the Board; to approve 2024 Remuneration Package for David Block, CEO; and to consider other matters.
Reported Earnings • Feb 27Full year 2023 earnings released: US$0.008 loss per share (vs US$0.025 profit in FY 2022)Full year 2023 results: US$0.008 loss per share (down from US$0.025 profit in FY 2022). Revenue: US$42.9m (down 27% from FY 2022). Net loss: US$2.80m (down 132% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 19Sarine Technologies Ltd. Announces Launch of the Most Valuable Planning SoftwareSarine Technologies Ltd. announced the launch of the Most Valuable Planning software, which yet again redefines the limits of rough diamond planning, generating up to 5% added value from the polished diamonds derived. Sarine has again revolutionised the planning of rough diamonds with its launch of the Most Valuable Planning (MVP) software. The next generation planning algorithm, currently introduced for very small rough diamonds of half a carat and below, generates significant added value to the polished output, dependent also on the quality of the rough on which it is applied. Initial beta runs show up to 5% additional value. The new planning solution is a fully automated cloud-based service, thus also reducing the manpower involved in the planning process, bringing additional cost-savings and efficiencies to the manufacturer. The development of the paradigm will continue so as to be applicable to rough diamonds in the 50-90 points range later this year, and will be further extended in 2025 to larger sizes. MVP will be offered as an optional service to the Advisor® 8.0 rough planning software package, and will be charged on a per-use basis. As the domain which MVP addresses is very extensive (tens of millions of stones of these sizes are scanned annually on Sarine Galaxy® systems and hundreds of millions are polished) and its added value significant, The company expects a new recurring revenue stream to be generated from its adoption over time. The Company also expect the MVP to drive additional sales of the Galaxy® MeteoriteTM Plus and reduce the appeal of illegally infringed IP systems. The MVP is, as aforementioned, cloud based, which provides an additional layer of IP protection in this highly competitive segment. Concurrent with the extension of MVP to the 50-90 point segment of stones, The Company will introduce later this year a new model Galaxy® MeteorTM Plus, with similar throughput and automation benefits as implemented in the Galaxy® MeteoriteTM Plus model.
Major Estimate Revision • Nov 22Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$49.1m to US$42.3m. EPS estimate fell from US$0.0065 to US$0.0008 per share. Net income forecast to shrink 49% next year vs 0.5% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.30 to S$0.25. Share price was steady at S$0.28 over the past week.
Major Estimate Revision • Aug 20Consensus EPS estimates fall by 67%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$51.7m to US$49.1m. EPS estimate also fell from US$0.0198 per share to US$0.0065 per share. Net income forecast to shrink 8.3% next year vs 10% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.33 to S$0.30. Share price fell 15% to S$0.35 over the past week.
New Risk • Aug 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: S$124.0m (US$91.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 191% Cash payout ratio: 319% Minor Risks Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (S$124.0m market cap, or US$91.3m).
Reported Earnings • Aug 16First half 2023 earnings released: EPS: US$0.003 (vs US$0.019 in 1H 2022)First half 2023 results: EPS: US$0.003 (down from US$0.019 in 1H 2022). Revenue: US$23.7m (down 24% from 1H 2022). Net income: US$953.0k (down 85% from 1H 2022). Profit margin: 4.0% (down from 21% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Singapore. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 274% Cash payout ratio: 318% Dividend yield: 10% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 274% Cash payout ratio: 318% Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).
お知らせ • Jul 07Sarine Technologies Ltd. Announces the Introduction of CarbonveroSarine Technologies Ltd. announced the introduction of CarbonVERO, a ground-breaking unique offering that meticulously records the energy consumption and carbon footprint of each individual diamond, from its origin as mined rough to its exquisite polished form. The resultant exhaustive data is made accessible via Sarine's Diamond Journey traceability solution. This pioneering innovation is the result of a strategic collaboration with highly respected diamond manufacturer and trader Andre Messika Ltd. and The Carbon Trust, a renowned authority in carbon emissions assessment. never before has a rough diamond manufacturing facility measured each individual stage of the cutting and polishing process to achieve a cumulative result on the process' environmental impact. This data will now be accrued and accessible as another layer of information in Sarine's Diamond Journey traceable reporting, covering scopes 1, 2 and 3 data - from the mined source extraction process through to the cutting and polishing of the final product, with further capability to include freight and distribution impacts from the factory right up until the polished diamond reaches the customer's door. Andre Messika Ltd. will apply CarbonVERO, a construct for capturing raw data, to all its Namibian sourced diamonds, providing supply chain insights and adding a new layer to traceability - tracing the carbon impact. While many organizations are undertaking various types of carbon footprinting, this is the first time in the diamond industry where the actual measurement and calculation of the energy consumption and CO2 emissions from mined rough to polished gem for each individual diamond will be provided. CarbonVERO will empower both B2B manufacturers and B2C diamond brands to disclose key environmental impact data transparently to their customers.
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Boon Ann Sin was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 24Sarine Technologies Ltd. Approves the Final Dividend for the Year Ended 31 December 2022Sarine Technologies Ltd. approved the final dividend of US cent 1.0 (gross) per share less tax (as applicable) for the year ended 31 December 2022, at the AGM held on April 24, 2023.
お知らせ • May 12Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 70% stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family for $5.65 million.Sarine Technologies Ltd. (SGX:U77) signed a non-binding MOU to acquire an unknown majority stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family on January 11, 2023. Under the terms of the transaction, Sarine will pay the consideration in all cash. The transaction is subject to the due diligence reviews and to reaching and executing a definitive agreement. Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 70% stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family on May 9, 2023.
Upcoming Dividend • Apr 21Upcoming dividend of US$0.01 per share at 9.1% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 12 May 2023. Payout ratio and cash payout ratio are on the higher end at 100% and 88% respectively. Trailing yield: 9.1%. Within top quartile of Singaporean dividend payers (6.3%). Higher than average of industry peers (3.8%).
分析記事 • Mar 30Is There Now An Opportunity In Sarine Technologies Ltd. (SGX:U77)?Sarine Technologies Ltd. ( SGX:U77 ), is not the largest company out there, but it saw a decent share price growth in...
Major Estimate Revision • Mar 01Consensus EPS estimates fall by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$56.6m to US$51.7m. EPS estimate also fell from US$0.031 per share to US$0.02 per share. Net income forecast to shrink 13% next year vs 9.9% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.46 to S$0.33. Share price fell 2.5% to S$0.39 over the past week.
分析記事 • Feb 09Estimating The Intrinsic Value Of Sarine Technologies Ltd. (SGX:U77)Does the February share price for Sarine Technologies Ltd. ( SGX:U77 ) reflect what it's really worth? Today, we will...
分析記事 • Jan 11Sarine Technologies (SGX:U77) May Have Issues Allocating Its CapitalTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Major Estimate Revision • Aug 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.03 to US$0.03. Revenue forecast unchanged at US$57.2m. Net income forecast to grow 9.8% next year vs 8.3% growth forecast for Machinery industry in Singapore. Consensus price target broadly unchanged at S$0.50. Share price rose 2.6% to S$0.40 over the past week.
Reported Earnings • Aug 09First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down US$12.6m from profit in 1H 2021). Profit margin: (down from 35% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 2.7% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • May 20Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.02 to US$0.03. Revenue forecast steady at US$57.2m. Net income forecast to shrink 40% next year vs 3.9% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.46 to S$0.50. Share price rose 10% to S$0.47 over the past week.
分析記事 • May 13Here's What To Make Of Sarine Technologies' (SGX:U77) Decelerating Rates Of ReturnIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Upcoming Dividend • Apr 29Upcoming dividend of US$0.01 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 19 May 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of Singaporean dividend payers (5.8%). Lower than average of industry peers (7.1%).
Reported Earnings • Apr 06Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: US$0.047 (up from US$0.007 in FY 2020). Revenue: US$62.1m (up 52% from FY 2020). Net income: US$16.5m (up US$14.1m from FY 2020). Profit margin: 27% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 8.0% compared to a 16% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: US$0.047 (up from US$0.007 in FY 2020). Revenue: US$62.1m (up 52% from FY 2020). Net income: US$16.5m (up US$14.1m from FY 2020). Profit margin: 27% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 15%, compared to a 37% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 17Should You Be Adding Sarine Technologies (SGX:U77) To Your Watchlist Today?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Recent Insider Transactions Derivative • Aug 19Key Executive exercised options to buy S$255k worth of stock.On the 10th of August, Daniel Glinert exercised options to buy 375k shares at a strike price of around S$0.37, costing a total of S$138k. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. Since December 2020, Daniel has owned 12.36m shares directly. Company insiders have collectively sold S$2.7m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Aug 11The Strong Earnings Posted By Sarine Technologies (SGX:U77) Are A Good Indication Of The Strength Of The BusinessSarine Technologies Ltd. ( SGX:U77 ) just reported healthy earnings but the stock price didn't move much. Our analysis...
Major Estimate Revision • Aug 11Consensus EPS estimates increase to US$0.039The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from US$53.3m to US$58.5m. EPS estimate increased from US$0.031 to US$0.039 per share. Net income forecast to shrink 3.7% next year vs 31% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.77 to S$0.88. Share price was steady at S$0.77 over the past week.
Reported Earnings • Aug 09First half 2021 earnings released: EPS US$0.036 (vs US$0.003 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$36.0m (up 61% from 1H 2020). Net income: US$12.6m (up US$11.4m from 1H 2020). Profit margin: 35% (up from 5.2% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
分析記事 • May 13Should You Investigate Sarine Technologies Ltd. (SGX:U77) At S$0.57?Sarine Technologies Ltd. ( SGX:U77 ), might not be a large cap stock, but it saw a decent share price growth in the...
分析記事 • Apr 20We Discuss Why Sarine Technologies Ltd.'s (SGX:U77) CEO Compensation May Be Closely ReviewedThe results at Sarine Technologies Ltd. ( SGX:U77 ) have been quite disappointing recently and CEO David Block bears...
分析記事 • Apr 14Sarine Technologies (SGX:U77) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • Apr 10Full year 2020 earnings released: EPS US$0.007 (vs US$0.004 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$41.0m (down 20% from FY 2019). Net income: US$2.37m (up US$3.74m from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 03Here's What To Make Of Sarine Technologies' (SGX:U77) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Reported Earnings • Mar 02Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$41.0m (down 20% from FY 2019). Net income: US$2.37m (up US$3.74m from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses.
分析記事 • Jan 25Introducing Sarine Technologies (SGX:U77), A Stock That Climbed 68% In The Last YearThese days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But if you pick...
Recent Insider Transactions • Jan 19Insider recently sold S$1.9m worth of stockOn the 15th of January, Hanoh Stark sold around 5m shares on-market at roughly S$0.43 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$2.9m more than they bought in the last 12 months.
Recent Insider Transactions • Jan 12Insider recently sold S$931k worth of stockOn the 8th of January, Hanoh Stark sold around 2m shares on-market at roughly S$0.45 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
お知らせ • Jan 09Digital Tenders Utilising Sarine Technologies Evolving as Preferred Platform for Rough TradingSarine Technologies Ltd. announced that its technology for digital tenders of rough diamonds is gaining traction, enabling the market to trade rough diamonds ef iciently and safely, overcoming pandemic impediments. Sarine's solution provides both rough diamond producers and secondary wholesale tender houses, along with rough diamond buyers, with the ability to trade rough more ef iciently than ever before. The diamonds are initially scanned on Sarine's DiaExpert® and Galaxy® systems for external and internal mapping of their features. Once scanned an Advisor® planning file is created, which provides potential customers with the ability to plan and determine the true value of the polished diamonds that can be derived from each rough diamond, in accordance with their specific in-house criteria and priorities, thereby ascertaining on which diamonds they should optimally bid.
Is New 90 Day High Low • Jan 08New 90-day high: S$0.45The company is up 82% from its price of S$0.24 on 08 October 2020. The Singaporean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period.
分析記事 • Dec 29Sarine Technologies Ltd.'s (SGX:U77) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?Sarine Technologies (SGX:U77) has had a great run on the share market with its stock up by a significant 76% over the...
Is New 90 Day High Low • Dec 23New 90-day high: S$0.38The company is up 60% from its price of S$0.23 on 24 September 2020. The Singaporean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 2.0% over the same period.
分析記事 • Nov 25Does Sarine Technologies' (SGX:U77) CEO Salary Compare Well With Industry Peers?David Block became the CEO of Sarine Technologies Ltd. (SGX:U77) in 2017, and we think it's a good time to look at the...
Is New 90 Day High Low • Nov 05New 90-day high: S$0.35The company is up 63% from its price of S$0.21 on 07 August 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is down 30% over the same period.
Is New 90 Day High Low • Oct 16New 90-day high: S$0.26The company is up 27% from its price of S$0.20 on 17 July 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is down 30% over the same period.
お知らせ • Sep 22Sarine Technologies to Adapt Automated 4Cs Grading to Tiffany & Co. RequirementsSarine Technologies Ltd, announced that it is working with Tiffany & Co. to adapt its artificial intelligence based grading technology to Tiffany's stringent grading guidelines and criteria. The aim to perfect the way diamonds are graded and to ensure consistent and accurate grading is a key element in securing consumers' trust in diamonds. Sarine has invested significant R&D efforts and has been at the forefront of this quest, employing computer vision, advanced software algorithms, machine learning and AI to realize technology-based AI-driven objective grading. Sarine's automated grading technology substantially removes subjective human error and bias from the grading process, enabling a new level of accuracy, reliability and consistency. Sarine and Tiffany will now be working closely together to further develop and adapt Sarine's solution to meet Tiffany's discriminating grading standards for Color and Clarity. Sarine's automated grading technology, introduced in early 2018, was developed to be 'GIA compatible', meaning the basis for the machine learning and grading was the GIA grading system. Tiffany's stringent grading standards pose additional challenges, which require further refinement to adapt the paradigm to Tiffany's requirements. Sarine Technologies entered into a strategic cooperation with Tiffany in 2011, the purpose then was to develop an automated system for the grading of a polished diamond's symmetry to standards set by Tiffany.