Is COSCO Shipping International (Singapore) (SGX:F83) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Has the Singaporean Logistics Industry valuation changed over the past few years?
|Mon, 24 Jan 2022||S$2.2b||S$2.4b||S$70.2m||15.5x|
|Wed, 22 Dec 2021||S$2.2b||S$2.4b||S$73.0m||15.3x|
|Fri, 19 Nov 2021||S$2.3b||S$2.3b||S$67.6m||21.4x|
|Sun, 17 Oct 2021||S$2.3b||S$2.3b||S$67.6m||20.3x|
|Tue, 14 Sep 2021||S$2.3b||S$2.3b||S$67.5m||20.2x|
|Thu, 12 Aug 2021||S$2.3b||S$2.3b||S$67.5m||20.2x|
|Mon, 07 Jun 2021||S$2.5b||S$2.3b||S$65.9m||22.4x|
|Sun, 28 Feb 2021||S$2.4b||S$2.2b||S$38.5m||29.6x|
|Wed, 02 Dec 2020||S$2.4b||S$2.2b||S$56.9m||18.6x|
|Sat, 05 Sep 2020||S$2.2b||S$2.1b||S$64.4m||15.1x|
|Tue, 09 Jun 2020||S$2.3b||S$2.0b||S$109.6m||15.2x|
|Mon, 02 Mar 2020||S$2.5b||S$2.0b||S$166.4m||13.8x|
|Thu, 05 Dec 2019||S$2.9b||S$2.0b||S$203.5m||13.4x|
|Sun, 08 Sep 2019||S$2.9b||S$2.4b||S$23.0m||27.7x|
|Sat, 01 Jun 2019||S$2.9b||S$2.2b||S$168.7m||16.4x|
|Tue, 05 Mar 2019||S$3.3b||S$2.3b||S$88.1m||16x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 15.5x which is lower than its 3-year average PE of 19.6x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Logistics industry have declined 7.7% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Singaporean Logistics industry?
|Air Freight and Logistics||-2.77%|
Industry PE: Investors are most optimistic about the Air Freight and Logistics industry even though it's trading below its 3-year average PE ratio of 19.6x. This is likely because analysts are expecting annual earnings growth of 30%, which is higher than its past year's earnings decline of 17% per year.
Forecasted Growth: Analysts are most optimistic on the Air Freight and Logistics industry, expecting annual earnings growth of 30% over the next 5 years. This is better than its past earnings decline of 17% per year.
Which companies have driven the market over the last 7 days?
|No data available|