Lian Beng Group Ltd, an investment holding company, engages in the construction business in Singapore and Australia.
+ 1 more risk
Undervalued average dividend payer.
Share Price & News
How has Lian Beng Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 39Q's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 39Q exceeded the German Construction industry which returned -53.7% over the past year.
Return vs Market: 39Q underperformed the German Market which returned -20.9% over the past year.
Price Volatility Vs. Market
How volatile is Lian Beng Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Lian Beng Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 39Q (€0.21) is trading below our estimate of fair value (€3.06)
Significantly Below Fair Value: 39Q is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 39Q is good value based on its PE Ratio (4.5x) compared to the Construction industry average (9.5x).
PE vs Market: 39Q is good value based on its PE Ratio (4.5x) compared to the German market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 39Q's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 39Q is good value based on its PB Ratio (0.2x) compared to the XE Construction industry average (0.9x).
How is Lian Beng Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Lian Beng 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.
- Examine whether Lian Beng Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Lian Beng Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Lian Beng Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 39Q has high quality earnings.
Growing Profit Margin: 39Q's current net profit margins (7.1%) are lower than last year (19.3%).
Past Earnings Growth Analysis
Earnings Trend: 39Q's earnings have declined by -19.4% per year over the past 5 years.
Accelerating Growth: 39Q's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 39Q had negative earnings growth (-51.5%) over the past year, making it difficult to compare to the Construction industry average (6.3%).
Return on Equity
High ROE: 39Q's Return on Equity (5.3%) is considered low.
How is Lian Beng Group's financial position?
Financial Position Analysis
Short Term Liabilities: 39Q's short term assets (SGD705.9M) exceed its short term liabilities (SGD483.3M).
Long Term Liabilities: 39Q's short term assets (SGD705.9M) exceed its long term liabilities (SGD372.7M).
Debt to Equity History and Analysis
Debt Level: 39Q's debt to equity ratio (71.7%) is considered high.
Reducing Debt: 39Q's debt to equity ratio has increased from 51% to 71.7% over the past 5 years.
Debt Coverage: 39Q's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 39Q's interest payments on its debt are well covered by EBIT (5.6x coverage).
What is Lian Beng Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 39Q's dividend (6.52%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: 39Q's dividend (6.52%) is in the top 25% of dividend payers in the German market (4.85%)
Stability and Growth of Payments
Stable Dividend: 39Q's dividend payments have been volatile in the past 10 years.
Growing Dividend: 39Q's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.6%), 39Q'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pang Aik Ong (61yo)
Mr. Pang Aik Ong, BBM serves as an Executive Chairman of the Board and Managing Director of Lian Beng Group Ltd. Mr. Ong joined Lian Beng Group Ltd in 1978 and is responsible for its management, business d ...
|Executive Chairman & MD||no data||no data||5.73% SGD6.4m|
|Head of Accounting||21.08yrs||no data||1.71% SGD1.9m|
|Head of Contracts Department & Executive Director||21.08yrs||no data||3.2% SGD3.6m|
|Independent & Non-Executive Director||4.75yrs||no data||0.041% SGD45.5k|
|Independent & Non-Executive Director||4.75yrs||no data||0.18% SGD199.8k|
|Independent Director||0.42yr||no data||no data|
|Executive Director of SLB Development Ltd||no data||no data||no data|
|Independent Director||3.5yrs||no data||no data|
Experienced Board: 39Q's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 39Q insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lian Beng Group Ltd's company bio, employee growth, exchange listings and data sources
- Name: Lian Beng Group Ltd
- Ticker: 39Q
- Exchange: DB
- Founded: 1973
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: S$172.393m
- Listing Market Cap: S$110.957m
- Shares outstanding: 499.69m
- Website: https://www.lianbeng.com.sg
- Lian Beng Group Ltd
- Lian Beng Building
- 29 Harrison Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|L03||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Apr 1999|
|39Q||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 1999|
Lian Beng Group Ltd, an investment holding company, engages in the construction business in Singapore and Australia. It operates through four segments: Construction, Dormitory, Investment Holding, and Property Development. The Construction segment constructs residential, institutional, industrial, and commercial properties; and undertakes civil engineering projects in private and public sectors. This segment also sells construction materials, such as concrete and asphalt; and provision of engineering services, as well as leases construction machinery. The Dormitory segment is involved in the rental of dormitory units; and provision of dormitory services. The Investment Holding segment holds investments in quoted and unquoted securities and properties. The Property Development segment develops, sells, and rents residential, commercial, and industrial properties, as well as offers property management services. The company is involved in the general building construction, civil engineering, and electrical works; sale, rental, and maintenance of construction machinery and equipment; and shipping operations, including chartering of ships. It also offers management and management consulting services; training for construction workers; and engineering, automation, and technical services. In addition, the company trades in construction materials and steel products; and manufactures and supplies concrete. Lian Beng Group Ltd was founded in 1973 and is based in Singapore.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 01:16|
|End of Day Share Price||2020/04/06 00:00|
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.