DB:851

Stock Analysis Report

Executive Summary

Advancer Global Limited, an investment holding company, provides workforce solutions and services in Singapore.

Snowflake

Fundamentals

Excellent balance sheet with limited growth.

Share Price & News

How has Advancer Global's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-13.9%

851

1.1%

DE Commercial Services

1.7%

DE Market


1 Year Return

-54.6%

851

-11.1%

DE Commercial Services

7.2%

DE Market

Return vs Industry: 851 underperformed the German Commercial Services industry which returned -11.1% over the past year.

Return vs Market: 851 underperformed the German Market which returned 7.2% over the past year.


Shareholder returns

851IndustryMarket
7 Day-13.9%1.1%1.7%
30 Day-8.1%1.3%2.4%
90 Day4.1%0.9%2.3%
1 Year-53.9%-54.6%-7.9%-11.1%10.6%7.2%
3 Yearn/a4.2%-4.8%18.4%8.1%
5 Yearn/a-4.4%-17.8%42.3%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Advancer Global undervalued compared to its fair value and its price relative to the market?

188.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 851 (€0.06) is trading above our estimate of fair value (€0.01)

Significantly Below Fair Value: 851 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 851 is poor value based on its PE Ratio (188.4x) compared to the Commercial Services industry average (16.5x).

PE vs Market: 851 is poor value based on its PE Ratio (188.4x) compared to the German market (19x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 851's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 851 is good value based on its PB Ratio (1x) compared to the DE Commercial Services industry average (2.6x).


Next Steps

Future Growth

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

18.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 851's forecast earnings growth (18.4% per year) is above the savings rate (0.2%).

Earnings vs Market: 851's earnings (18.4% per year) are forecast to grow faster than the German market (12.7% per year).

High Growth Earnings: 851's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 851's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if 851's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 851's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Advancer Global performed over the past 5 years?

-26.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 851's earnings have declined by -26.4% per year over the past 5 years.

Accelerating Growth: 851's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 851 had negative earnings growth (-90.6%) over the past year, making it difficult to compare to the Commercial Services industry average (6.4%).


Return on Equity

High ROE: 851's Return on Equity (0.5%) is considered low.


Return on Assets

ROA vs Industry: 851's Return on Assets is below or equal to the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: 851 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Advancer Global's financial position?


Financial Position Analysis

Short Term Liabilities: 851's short term assets (SGD43.3M) exceeds its short term liabilities (SGD8.4M)

Long Term Liabilities: 851's short term assets (43.3M) exceeds its long term liabilities (2.5M)


Debt to Equity History and Analysis

Debt Level: 851's debt to equity ratio (1.4%) is considered satisfactory

Reducing Debt: 851's debt to equity ratio has reduced from 15.2% to 1.4% over the past 5 years.

Debt Coverage: 851's debt is well covered by operating cash flow (296.7%).

Interest Coverage: Insufficient data to determine if 851's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 851 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 851's debt is covered by short term assets (assets are 68.236220x debt).


Next Steps

Dividend

What is Advancer Global's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage3.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 851's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 851'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 851's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 851's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 851 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 851's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

3.3yrs

Average board tenure


CEO

Gary Chin (49yo)

0yrs

Tenure

0

Mr. Mei Yang Chin, also known as Gary, serves as Chief Executive Officer at Advancer Global Limited and has been its Executive Director since February 2, 2016. Mr. Chin has more than 20 years of experience ...


Board Age and Tenure

3.3yrs

Average Tenure

52yo

Average Age

Experienced Board: 851's board of directors are considered experienced (3.3 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

  • Chee Mei Sin

    Company Secretary

    • Tenure: 0yrs
  • Michelle Li (44yo)

    Chief Financial Officer

    • Tenure: 4.8yrs
  • Desmond Chin (54yo)

    Executive Chairman

    • Tenure: 3.3yrs
  • Gary Chin (49yo)

    CEO & Executive Director

    • Tenure: 0yrs
  • Eng Tiang Ong (51yo)

    Head of Building Management & Security Services and Executive Director

    • Tenure: 3.3yrs
  • Francis Chin (62yo)

    Head of Employment Services

    • Tenure: 0yrs
  • Wei Jia Koo

    Company Secretary

    • Tenure: 0yrs

Board Members

  • Takehito Hirano (58yo)

    Non-Independent Non-Executive Director

    • Tenure: 1yrs
  • Soo Chew Loy (52yo)

    Lead Independent Director

    • Tenure: 3.3yrs
  • Francis Yau (55yo)

    Independent Director

    • Tenure: 3.3yrs
  • Desmond Chin (54yo)

    Executive Chairman

    • Tenure: 3.3yrs
  • Gary Chin (49yo)

    CEO & Executive Director

    • Tenure: 0yrs
  • Eng Tiang Ong (51yo)

    Head of Building Management & Security Services and Executive Director

    • Tenure: 3.3yrs
  • Vincent Leow (41yo)

    Independent Director

    • Tenure: 3.3yrs

Company Information

Advancer Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Advancer Global Limited
  • Ticker: 851
  • Exchange: DB
  • Founded: 2016
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: S$43.986m
  • Listing Market Cap: S$28.985m
  • Shares outstanding: 251.35m
  • Website: https://advancer.sg

Number of Employees


Location

  • Advancer Global Limited
  • 135 Jurong Gateway Road No. 05-317
  • Singapore
  • 600135
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
43QCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJul 2016
851DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2016

Biography

Advancer Global Limited, an investment holding company, provides workforce solutions and services in Singapore. It operates through three segments: Employment Services Business, Building Management Busines ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 21:48
End of Day Share Price2019/10/22 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.