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Hosen Group

DB:HGG
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HGG
DB
SGD11M
Market Cap
  1. Home
  2. DE
  3. Consumer Retailing
Company description

Hosen Group Ltd., an investment holding company, develops, trades in, and distributes canned seafood products, canned fruits and vegetables, canned meat products, and chocolate products in Singapore, Malaysia, and internationally. The last earnings update was 11 days ago. More info.


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HGG Share Price and Events
7 Day Returns
-7.1%
DB:HGG
0.3%
Europe Consumer Retailing
1.8%
DE Market
1 Year Returns
-23.5%
DB:HGG
1.5%
Europe Consumer Retailing
-6%
DE Market
HGG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hosen Group (HGG) -7.1% -13.3% -7.1% -23.5% -7.1% -50%
Europe Consumer Retailing 0.3% -0.6% 2.2% 1.5% -4.6% -7.6%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • HGG underperformed the Consumer Retailing industry which returned 1.5% over the past year.
  • HGG underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
HGG
Industry
5yr Volatility vs Market

Value

 Is Hosen Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Hosen Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Hosen Group.

DB:HGG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 5.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:HGG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.47
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.465 (1 + (1- 17%) (90.92%))
0.877
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.88
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.877 * 5.96%)
5.45%

Discounted Cash Flow Calculation for DB:HGG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Hosen Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:HGG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 5.45%)
2019 1.70 Est @ -28.83% 1.61
2020 1.36 Est @ -20.12% 1.22
2021 1.17 Est @ -14.01% 0.99
2022 1.05 Est @ -9.74% 0.85
2023 0.98 Est @ -6.75% 0.75
2024 0.94 Est @ -4.66% 0.68
2025 0.91 Est @ -3.19% 0.62
2026 0.89 Est @ -2.17% 0.58
2027 0.87 Est @ -1.45% 0.54
2028 0.86 Est @ -0.94% 0.51
Present value of next 10 years cash flows SGD8.36
DB:HGG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SGD0.86 × (1 + 0.23%) ÷ (5.45% – 0.23%)
SGD16.58
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD16.58 ÷ (1 + 5.45%)10
SGD9.75
DB:HGG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD8.36 + SGD9.75
SGD18.11
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD18.11 / 324.90
SGD0.06
DB:HGG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:HGG represents 0.38235x of Catalist:5EV
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.38235x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 0.06 x 0.38235
€0.02
Value per share (EUR) From above. €0.02
Current discount Discount to share price of €0.01
= -1 x (€0.01 - €0.02) / €0.02
39%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Hosen Group is available for.
Intrinsic value
39%
Share price is €0.013 vs Future cash flow value of €0.02131
Current Discount Checks
For Hosen Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Hosen Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Hosen Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hosen Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hosen Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:HGG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SGD SGD0.00
Catalist:5EV Share Price ** Catalist (2019-04-18) in SGD SGD0.03
Europe Consumer Retailing Industry PE Ratio Median Figure of 32 Publicly-Listed Consumer Retailing Companies 19.38x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hosen Group.

DB:HGG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= Catalist:5EV Share Price ÷ EPS (both in SGD)

= 0.03 ÷ 0.00

12.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hosen Group is good value based on earnings compared to the Europe Consumer Retailing industry average.
  • Hosen Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Hosen Group's expected growth come at a high price?
Raw Data
DB:HGG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
25.2%per year
Europe Consumer Retailing Industry PEG Ratio Median Figure of 24 Publicly-Listed Consumer Retailing Companies 1.71x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hosen Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hosen Group's assets?
Raw Data
DB:HGG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SGD SGD0.09
Catalist:5EV Share Price * Catalist (2019-04-18) in SGD SGD0.03
Europe Consumer Retailing Industry PB Ratio Median Figure of 41 Publicly-Listed Consumer Retailing Companies 1.58x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:HGG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= Catalist:5EV Share Price ÷ Book Value per Share (both in SGD)

= 0.03 ÷ 0.09

0.38x

* Primary Listing of Hosen Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hosen Group is good value based on assets compared to the Europe Consumer Retailing industry average.
X
Value checks
We assess Hosen Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check)
  5. Hosen Group has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Hosen Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
25.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hosen Group expected to grow at an attractive rate?
  • Hosen Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Hosen Group's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Hosen Group's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:HGG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:HGG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 25.2%
Europe Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 12%
Europe Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:HGG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:HGG Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2018-12-31 68 3 1
2018-09-30 69 4 1
2018-06-30 69 5 1
2018-03-31 68 5 1
2017-12-31 67 4 1
2017-09-30 68 3 1
2017-06-30 68 1 2
2017-03-31 71 1 1
2016-12-31 73 0 1
2016-09-30 74 1 0
2016-06-30 75 2 -1
2016-03-31 76 3 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hosen Group's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Hosen Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:HGG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Hosen Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HGG Past Financials Data
Date (Data in SGD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hosen Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Hosen Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hosen Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Hosen Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hosen Group's growth in the last year to its industry (Consumer Retailing).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hosen Group's year on year earnings growth rate has been positive over the past 5 years.
  • Hosen Group's 1-year earnings growth exceeds its 5-year average (17.8% vs 15.5%)
  • Hosen Group's earnings growth has exceeded the Europe Consumer Retailing industry average in the past year (17.8% vs -4.5%).
Earnings and Revenue History
Hosen Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hosen Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HGG Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 68.31 0.89 9.88
2018-09-30 68.50 1.09 10.16
2018-06-30 69.45 1.28 10.47
2018-03-31 68.46 1.02 10.12
2017-12-31 66.72 0.76 9.73
2017-09-30 67.96 1.18 9.70
2017-06-30 68.44 1.61 9.63
2017-03-31 70.51 1.34 9.96
2016-12-31 72.58 1.07 10.29
2016-09-30 73.94 -0.19 10.59
2016-06-30 75.31 -1.45 10.90
2016-03-31 75.54 -1.20 10.67
2015-12-31 75.77 -0.95 10.44
2015-09-30 76.24 -0.33 10.11
2015-06-30 76.72 0.29 9.77
2015-03-31 74.67 0.49 9.76
2014-12-31 72.62 0.69 9.76
2014-09-30 74.39 0.72 10.13
2014-06-30 76.16 0.75 10.51
2014-03-31 76.93 0.85 10.42
2013-12-31 77.71 0.94 10.33
2013-09-30 74.52 0.96 10.09
2013-06-30 71.34 0.97 9.86
2013-03-31 70.90 1.18 9.70
2012-12-31 70.46 1.39 9.55
2012-09-30 71.87 1.60 9.57
2012-06-30 73.29 1.80 9.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Hosen Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Hosen Group used its assets less efficiently than the Europe Consumer Retailing industry average last year based on Return on Assets.
  • Hosen Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Hosen Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hosen Group has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Hosen Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hosen Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hosen Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hosen Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hosen Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hosen Group Company Filings, last reported 3 months ago.

DB:HGG Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 29.38 10.04 5.55
2018-09-30 29.38 10.04 5.55
2018-06-30 29.09 7.52 6.33
2018-03-31 29.09 7.52 6.33
2017-12-31 28.74 10.76 4.69
2017-09-30 28.84 10.76 4.69
2017-06-30 28.24 8.90 4.30
2017-03-31 28.24 8.90 4.30
2016-12-31 28.07 12.57 3.60
2016-09-30 28.07 12.57 3.60
2016-06-30 26.76 8.85 3.93
2016-03-31 26.76 8.85 3.93
2015-12-31 26.98 13.01 4.55
2015-09-30 26.98 13.01 4.55
2015-06-30 28.07 10.99 5.58
2015-03-31 28.07 10.99 5.58
2014-12-31 28.50 15.57 6.86
2014-09-30 28.50 15.57 6.86
2014-06-30 28.38 15.92 7.58
2014-03-31 28.38 15.92 7.58
2013-12-31 28.53 15.17 7.50
2013-09-30 28.53 15.17 7.50
2013-06-30 28.33 11.99 7.26
2013-03-31 28.33 11.99 7.26
2012-12-31 27.18 13.14 3.46
2012-09-30 27.18 13.14 3.46
2012-06-30 26.83 12.23 6.16
  • Hosen Group's level of debt (34.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (53.2% vs 34.2% today).
  • Debt is well covered by operating cash flow (31.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.5x coverage).
X
Financial health checks
We assess Hosen Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hosen Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Hosen Group dividends.
If you bought €2,000 of Hosen Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hosen Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hosen Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:HGG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 3.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:HGG Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2019-04-15 0.000 0.000
2019-03-12 0.000 0.000
2018-03-02 0.001 2.691
2016-08-19 0.000 0.000
2016-04-18 0.000 0.000
2016-03-16 0.000 0.000
2015-04-21 0.001 1.935
2015-03-03 0.001 1.567
2014-02-20 0.002 3.120
2013-02-21 0.001 1.322
2012-04-17 0.002 1.951
2012-03-05 0.002 1.780
2011-04-15 0.002 2.027
2011-02-24 0.002 1.755
2010-04-08 0.001 1.336
2010-03-01 0.001 1.453
2009-08-14 0.000 0.000
2009-04-22 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hosen Group has not reported any payouts.
  • Unable to verify if Hosen Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hosen Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hosen Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hosen Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hosen Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hosen Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Hai Cheok Lim
COMPENSATION SGD165,600
AGE 69
TENURE AS CEO 14.8 years
CEO Bio

Mr. Hai Cheok Lim is a co-founder and serves as the Chief Executive Officer of Hosen Group Ltd. Mr. Lim has been the Managing Director of HSF since its incorporation as a private limited company on March 1, 1982. He is in charge of formulating the strategic direction and growth of Hosen Group Ltd. Prior to starting his own business, he was involved in his family’s provision store business. He has more than 30 years experience in the FMCG market in Singapore and was instrumental in the growth of Hosen Group. He served as the Chairman of Hosen Group Ltd. until April 3, 2017 and has been its Director since March 15, 2004.

CEO Compensation
  • Insufficient data for Hai Cheok to compare compensation growth.
  • Insufficient data for Hai Cheok to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Hosen Group management team in years:

5.1
Average Tenure
65
Average Age
  • The average tenure for the Hosen Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Hai Cheok Lim

TITLE
Co-Founder
COMPENSATION
SGD166K
AGE
69
TENURE
14.8 yrs

Poh Soon Chong

TITLE
Co-Founder
COMPENSATION
SGD114K
AGE
69

Susan Lim

TITLE
Head of Re-Export Business & Executive Director
COMPENSATION
SGD148K
AGE
65

Daniel Lim

TITLE
Head of House Brands & Direct Distribution Businesses and Executive Director
COMPENSATION
SGD72K
AGE
44

Patrick Ho

TITLE
Chief Financial Officer
AGE
53
TENURE
5.1 yrs

Foon Kuen Lai

TITLE
Company Secretary
TENURE
3.7 yrs
Board of Directors Tenure

Average tenure and age of the Hosen Group board of directors in years:

14.8
Average Tenure
61
Average Age
  • The average tenure for the Hosen Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Piew Wee

TITLE
Non-Executive Independent Chairman
AGE
54
TENURE
2 yrs

Hai Cheok Lim

TITLE
Co-Founder
COMPENSATION
SGD166K
AGE
69
TENURE
15.1 yrs

Poh Soon Chong

TITLE
Co-Founder
COMPENSATION
SGD114K
AGE
69
TENURE
14.8 yrs

Susan Lim

TITLE
Head of Re-Export Business & Executive Director
COMPENSATION
SGD148K
AGE
65
TENURE
14.8 yrs

Daniel Lim

TITLE
Head of House Brands & Direct Distribution Businesses and Executive Director
COMPENSATION
SGD72K
AGE
44
TENURE
15.1 yrs

Heng Seng Lim

TITLE
Non-Executive Independent Director
AGE
57
TENURE
14.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Hosen Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hosen Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Hosen Group Ltd., an investment holding company, develops, trades in, and distributes canned seafood products, canned fruits and vegetables, canned meat products, and chocolate products in Singapore, Malaysia, and internationally. It operates through two segments, House Brands and Non-House Brands. The company offers a range of fruits, vegetables, condiments, and beverages in can, bottle, and pouch packaging under the Hosen brand name; canned seafood, such as braised abalone and various types of shellfish under the Fortune brand name; canned meat and breakfast spreads under the Highway brand; western products under the LaDiva brand; and chocolate products with various contents packed in bottle, pouch, and tin under the Sincero brand. It is also involved in the importation, distribution, wholesale, and retail of canned food and household consumable goods. The company also exports its products. Hosen Group Ltd. was incorporated in 2004 and is based in Singapore.

Details
Name: Hosen Group Ltd.
HGG
Exchange: DB
Founded: 2004
SGD7,247,218
324,900,846
Website: http://www.hosengroup.com
Address: Hosen Group Ltd.
267 Pandan Loop,
Singapore,
128439,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
Catalist 5EV Ordinary Shares Singapore Exchange Catalist Market SG SGD 15. Sep 2004
DB HGG Ordinary Shares Deutsche Boerse AG DE EUR 15. Sep 2004
Number of employees
Current staff
Staff numbers
0
Hosen Group employees.
Industry
Food Distributors
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:03
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/04/10
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.