ASX:ZGL

Stock Analysis Report

Executive Summary

Zicom Group Limited manufactures and sells deck machinery, offshore structures, gas metering stations, gas processing plants, foundation equipment, concrete mixers, and precision engineered machinery to the offshore marine, oil and gas, construction, electronics, biomedical, and agriculture industries.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Share Price & News

How has Zicom Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

6.2%

ZGL

4.9%

AU Machinery

0.4%

AU Market


1 Year Return

17.8%

ZGL

18.6%

AU Machinery

9.8%

AU Market

Return vs Industry: ZGL matched the Australian Machinery industry which returned 18.6% over the past year.

Return vs Market: ZGL exceeded the Australian Market which returned 9.8% over the past year.


Shareholder returns

ZGLIndustryMarket
7 Day6.2%4.9%0.4%
30 Day6.2%11.5%-0.7%
90 Day-25.2%27.4%-0.6%
1 Year17.8%17.8%19.6%18.6%16.1%9.8%
3 Year-41.2%-42.7%-30.4%-31.6%36.1%17.9%
5 Year-53.9%-58.0%33.4%8.2%49.4%15.8%

Price Volatility Vs. Market

How volatile is Zicom Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Zicom Group undervalued compared to its fair value and its price relative to the market?

9.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: ZGL (A$0.09) is trading above our estimate of fair value (A$0.08)

Significantly Undervalued: ZGL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ZGL is good value based on its PE Ratio (9.9x) compared to the Machinery industry average (13.7x).

PE vs Market: ZGL is good value based on its PE Ratio (9.9x) compared to the Australian market (18.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate ZGL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZGL is good value based on its PB Ratio (0.3x) compared to the AU Machinery industry average (1.2x).


Next Steps

Future Growth

How is Zicom Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.9%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zicom Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Zicom Group performed over the past 5 years?

-47.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ZGL's earnings have declined by -47.7% per year over the past 5 years.

Accelerating Growth: ZGL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ZGL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-19.1%).


Return on Equity

High ROE: ZGL's Return on Equity (2.4%) is considered low.


Return on Assets

ROA vs Industry: ZGL's Return on Assets is below or equal to the Machinery industry average last year.


Return on Capital Employed

ROCE Improving: ZGL's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Zicom Group's financial position?


Financial Position Analysis

Short Term Liabilities: ZGL's short term assets (SGD70.6M) exceeds its short term liabilities (SGD50.8M)

Long Term Liabilities: ZGL's short term assets (70.6M) exceeds its long term liabilities (4.6M)


Debt to Equity History and Analysis

Debt Level: ZGL's debt to equity ratio (33.6%) is considered satisfactory

Reducing Debt: ZGL's debt to equity ratio has increased from 13.6% to 33.6% over the past 5 years.

Debt Coverage: ZGL's debt is well covered by operating cash flow (25.4%).

Interest Coverage: ZGL's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet

Inventory Level: ZGL has a high level of physical assets or inventory.

Debt Coverage by Assets: ZGL's debt is covered by short term assets (assets are 3.184630x debt).


Next Steps

Dividend

What is Zicom Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.4%markettop25%5.6%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate ZGL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ZGL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if ZGL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ZGL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ZGL is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZGL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Zicom Group's salary, the management and board of directors tenure and is there insider trading?

14.2yrs

Average management tenure


CEO

Zicom Group has no CEO, or we have no data on them.


Management Age and Tenure

14.2yrs

Average Tenure

58yo

Average Age

Experienced Management: ZGL's management team is seasoned and experienced (14.2 years average tenure).


Board Age and Tenure

12.4yrs

Average Tenure

73yo

Average Age

Experienced Board: ZGL's board of directors are seasoned and experienced ( 12.4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Gary Webster

    Managing Director of Cesco Australia Limited and Managing Director of Cesco Equipment Pty Ltd

    • Tenure: 0yrs
  • Jenny Lim (46yo)

    Group Financial Controller & Joint Company Secretary

    • Tenure: 14.8yrs
  • Hung Tang (70yo)

    Joint MD & Director of Zicom Holdings Private Limited

    • Tenure: 0yrs
    • Compensation: S$173.82k
  • Juat Sim

    MD of Sys-Mac Automation Engg Pte Ltd

    • Tenure: 0yrs
    • Compensation: S$228.28k
  • Juat Sim

    Joint MD & Director of Zicom Holdings Private Limited

    • Tenure: 0yrs
    • Compensation: S$210.60k
  • Lak Sim Giok (73yo)

    Executive Chairman

    • Tenure: 12.9yrs
    • Compensation: S$396.60k
  • Ming Tan Chin

    Managing Director of DEQING Cesco Machinery Co Ltd

    • Tenure: 0yrs
  • Kok Yew Sim (39yo)

    Executive Director

    • Tenure: 5.1yrs
    • Compensation: S$352.05k
  • Rashed Choudhury

    Managing Director of Zicom Equipment Private Limited

    • Tenure: 17.6yrs
  • Hua Peck

    MD of Fa Geotech Equipment Sdn Bhd and MD of Foundation Associates Engineering Private Ltd

    • Tenure: 0yrs

Board Members

  • Pao Sze Shaw (75yo)

    Independent Non-Executive Director

    • Tenure: 9.7yrs
    • Compensation: S$28.27k
  • Ian Robert Millard (80yo)

    Independent Non-Executive Director

    • Tenure: 12.9yrs
    • Compensation: S$33.15k
  • Hung Tang (70yo)

    Joint MD & Director of Zicom Holdings Private Limited

    • Tenure: 0yrs
    • Compensation: S$173.82k
  • Hwee Sim Kok (41yo)

    Non Executive Director

    • Tenure: 11.9yrs
    • Compensation: S$195.39k
  • Juat Sim

    Joint MD & Director of Zicom Holdings Private Limited

    • Tenure: 0yrs
    • Compensation: S$210.60k
  • Poh Lim Yian (73yo)

    Independent Non-Executive Director

    • Tenure: 13.3yrs
    • Compensation: S$35.10k
  • Lak Sim Giok (73yo)

    Executive Chairman

    • Tenure: 12.9yrs
    • Compensation: S$396.60k
  • Kok Yew Sim (39yo)

    Executive Director

    • Tenure: 5.1yrs
    • Compensation: S$352.05k

Company Information

Zicom Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zicom Group Limited
  • Ticker: ZGL
  • Exchange: ASX
  • Founded:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: AU$18.674m
  • Shares outstanding: 217.14m
  • Website: https://www.zicomgroup.com

Location

  • Zicom Group Limited
  • 29 Tuas Avenue 3
  • Singapore
  • 639420
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZGLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 2006
ZGLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 2006

Biography

Zicom Group Limited manufactures and sells deck machinery, offshore structures, gas metering stations, gas processing plants, foundation equipment, concrete mixers, and precision engineered machinery to th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 10:33
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.