ASX:UOS

Stock Analysis Report

United Overseas Australia

Executive Summary

United Overseas Australia Limited, together with its subsidiaries, engages in the development and resale of land and buildings in Malaysia.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

How has United Overseas Australia's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.6%

UOS

3.0%

AU Real Estate

2.5%

AU Market


1 Year Return

12.1%

UOS

2.9%

AU Real Estate

11.1%

AU Market

Return vs Industry: UOS exceeded the Australian Real Estate industry which returned 2.9% over the past year.

Return vs Market: UOS exceeded the Australian Market which returned 11.1% over the past year.


Shareholder returns

UOSIndustryMarket
7 Day-0.6%3.0%2.5%
30 Day2.6%2.1%0.7%
90 Day4.7%13.2%1.4%
1 Year16.3%12.1%6.1%2.9%17.5%11.1%
3 Year51.5%33.1%22.2%9.4%37.8%19.4%
5 Year107.7%63.5%40.1%15.7%51.7%17.6%

Price Volatility Vs. Market

How volatile is United Overseas Australia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is United Overseas Australia undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: UOS (A$0.79) is trading below our estimate of fair value (A$20.82)

Significantly Undervalued: UOS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UOS is good value based on its PE Ratio (10.5x) compared to the Real Estate industry average (12.9x).

PE vs Market: UOS is good value based on its PE Ratio (10.5x) compared to the Australian market (18x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UOS is good value based on its PB Ratio (0.8x) compared to the AU Real Estate industry average (1x).


Next Steps

Future Growth

How is United Overseas Australia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UOS's forecast earnings growth (10.4% per year) is above the savings rate (2.3%).

Earnings vs Market: UOS's earnings (10.4% per year) are forecast to grow faster than the Australian market (10.3% per year).

High Growth Earnings: UOS's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if UOS's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if UOS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if UOS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has United Overseas Australia performed over the past 5 years?

4.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: UOS's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: UOS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UOS had negative earnings growth (-1.7%) over the past year, making it difficult to compare to the Real Estate industry average (-2.5%).


Return on Equity

High ROE: UOS's Return on Equity (7.2%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is United Overseas Australia's financial position?


Financial Position Analysis

Short Term Liabilities: UOS's short term assets (A$1.2B) exceeds its short term liabilities (A$319.9M)

Long Term Liabilities: UOS's short term assets (1.2B) exceeds its long term liabilities (44.1M)


Debt to Equity History and Analysis

Debt Level: UOS's debt to equity ratio (5.8%) is considered satisfactory

Reducing Debt: UOS's debt to equity ratio has reduced from 11.9% to 5.8% over the past 5 years.

Debt Coverage: UOS's debt is well covered by operating cash flow (195.6%).

Interest Coverage: UOS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: UOS's debt is covered by short term assets (assets are 9.520130x debt).


Next Steps

Dividend

What is United Overseas Australia's current dividend yield, its reliability and sustainability?

3.18%

Current Dividend Yield


Dividend Yield vs Market

company3.2%marketbottom25%2.5%markettop25%5.6%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: UOS's dividend (3.18%) is higher than the bottom 25% of dividend payers in the Australian market (2.46%).

High Dividend: UOS's dividend (3.18%) is low compared to the top 25% of dividend payers in the Australian market (5.56%).

Stable Dividend: UOS's dividend payments have been volatile in the past 10 years.

Growing Dividend: UOS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.4%), UOS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of United Overseas Australia's salary, the management and board of directors tenure and is there insider trading?

17.3yrs

Average board tenure


CEO

Chong Kong (78yo)

30.3yrs

Tenure

AU$2,199,965

Compensation

Mr. Chong Soon Kong @ Chi Suim serves as the Managing Director and Director at United Overseas Australia Ltd since July 1, 1989 and served as its Executive Chairman. Mr. Kong co-founded UOA Development Bhd ...


CEO Compensation Analysis

Compensation vs. Market: Chong's total compensation ($USD1.49M) is about average for companies of similar size in the Australian market ($USD980.46K).

Compensation vs Earnings: Chong's compensation has been consistent with company performance over the past year.


Board Age and Tenure

17.3yrs

Average Tenure

66yo

Average Age

Experienced Board: UOS's board of directors are seasoned and experienced ( 17.3 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

  • Alan Winduss (78yo)

    Non-Executive Chairman & Company Secretary

    • Tenure: 0yrs
    • Compensation: AU$62.17k
  • Ee Tong

    Chief Operating Officer of Construction

    • Tenure: 0yrs
    • Compensation: AU$610.88k
  • Pak Kong (66yo)

    Non-Independent Executive Director

    • Tenure: 32.3yrs
    • Compensation: AU$2.20m
  • K. Ang

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: AU$651.57k
  • K. Koh

    Senior General Manager

    • Tenure: 0yrs
    • Compensation: AU$115.56k
  • Sze Choon Kong (42yo)

    Chief Executive Officer of UOA Asset Management Sdn Bhd

    • Tenure: 0yrs
    • Compensation: AU$291.99k
  • E. Lee

    Executive Officer

    • Tenure: 0yrs
    • Compensation: AU$332.02k
  • Chong Kong (78yo)

    MD & Director

    • Tenure: 30.3yrs
    • Compensation: AU$2.20m
  • J. Tee

    Executive

    • Tenure: 0yrs
    • Compensation: AU$420.20k
  • B. Ng

    Chief Operating Officer of Planning

    • Tenure: 0yrs
    • Compensation: AU$321.58k

Board Members

  • Alan Winduss (78yo)

    Non-Executive Chairman & Company Secretary

    • Tenure: 0yrs
    • Compensation: AU$62.17k
  • Terence Teo (65yo)

    Independent Non-Executive Director

    • Tenure: 11.3yrs
    • Compensation: AU$43.00k
  • Chee May (45yo)

    Alternate Non-Independent Director

    • Tenure: 19.2yrs
    • Compensation: AU$53.28k
  • Pak Kong (66yo)

    Non-Independent Executive Director

    • Tenure: 32.3yrs
    • Compensation: AU$2.20m
  • Chong Kong (78yo)

    MD & Director

    • Tenure: 30.3yrs
    • Compensation: AU$2.20m

Company Information

United Overseas Australia Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: United Overseas Australia Limited
  • Ticker: UOS
  • Exchange: ASX
  • Founded: 1987
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: AU$1.147b
  • Shares outstanding: 1.47b
  • Website: https://www.uoa.com.my

Number of Employees


Location

  • United Overseas Australia Limited
  • UOA Corporate Tower
  • Lobby A, Avenue 10
  • Kuala Lumpur
  • 59200
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UOSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 1992
EH5SGX (Singapore Exchange)YesOrdinary SharesSGSGDOct 1992
UOSCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 1992

Biography

United Overseas Australia Limited, together with its subsidiaries, engages in the development and resale of land and buildings in Malaysia. The company operates through three segments: Investment, Land dev ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 10:32
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.