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Raffles Education

BST:O2KC
Snowflake Description

Moderate growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
O2KC
BST
SGD112M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Raffles Education Corporation Limited, an investment holding company, provides education and related services in ASEAN, North Asia, South Asia, Australasia, and Europe. The last earnings update was 49 days ago. More info.


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O2KC Share Price and Events
7 Day Returns
-9.8%
BST:O2KC
-0.3%
Europe Consumer Services
-0.4%
DE Market
1 Year Returns
-57.4%
BST:O2KC
-11.4%
Europe Consumer Services
-6.2%
DE Market
O2KC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Raffles Education (O2KC) -9.8% -0.3% -0.5% -57.4% -67.4% -79.9%
Europe Consumer Services -0.3% 2.4% 3.6% -11.4% -46.2% -51%
DE Market -0.4% 0.7% 1.8% -6.2% 13.9% 7.5%
1 Year Return vs Industry and Market
  • O2KC underperformed the Consumer Services industry which returned -11.4% over the past year.
  • O2KC underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
O2KC
Industry
5yr Volatility vs Market

O2KC Value

 Is Raffles Education 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
  • It is not possible to calculate the future cash flow value for Raffles Education. This is due to cash flow or dividend data being unavailable. The share price is €0.0388.
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 Raffles Education's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Raffles Education's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:O2KC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in SGD SGD0.00
SGX:NR7 Share Price ** SGX (2019-06-25) in SGD SGD0.08
Europe Consumer Services Industry PE Ratio Median Figure of 10 Publicly-Listed Consumer Services Companies 18.56x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.49x

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

** Primary Listing of Raffles Education.

BST:O2KC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:NR7 Share Price ÷ EPS (both in SGD)

= 0.08 ÷ 0.00

21.92x

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

  • Raffles Education is overvalued based on earnings compared to the Europe Consumer Services industry average.
  • Raffles Education is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Raffles Education's expected growth come at a high price?
Raw Data
BST:O2KC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
30.9%per year
Europe Consumer Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Services Companies 1.3x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.45x

*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 Raffles Education, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Raffles Education's assets?
Raw Data
BST:O2KC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in SGD SGD0.43
SGX:NR7 Share Price * SGX (2019-06-25) in SGD SGD0.08
Europe Consumer Services Industry PB Ratio Median Figure of 18 Publicly-Listed Consumer Services Companies 2.2x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.8x
BST:O2KC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:NR7 Share Price ÷ Book Value per Share (both in SGD)

= 0.08 ÷ 0.43

0.19x

* Primary Listing of Raffles Education.

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

  • Raffles Education is good value based on assets compared to the Europe Consumer Services industry average.
X
Value checks
We assess Raffles Education'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 Services 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 Services industry average (and greater than 0)? (1 check)
  5. Raffles Education has a total score of 1/6, 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.

O2KC Future Performance

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

  • No analysts cover Raffles Education, 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
30.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Raffles Education expected to grow at an attractive rate?
  • Raffles Education's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Raffles Education's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Raffles Education's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:O2KC Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:O2KC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 30.9%
Europe Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 13.7%
Europe Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 7.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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
BST:O2KC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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.
BST:O2KC Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2019-03-31 98 15 5
2018-12-31 97 6 2
2018-09-30 96 3 16
2018-06-30 97 -11 11
2018-03-31 96 -27 -4
2017-12-31 96 -20 -4
2017-09-30 96 -12 -6
2017-06-30 96 -6 -2
2017-03-31 99 28 13
2016-12-31 102 21 15
2016-09-30 107 14 13
2016-06-30 111 1 16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Raffles Education's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Raffles Education 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
BST:O2KC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Raffles Education Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:O2KC Past Financials Data
Date (Data in SGD Millions) EPS *
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.01
2017-06-30 0.00
2017-03-31 0.01
2016-12-31 0.01
2016-09-30 0.01
2016-06-30 0.02

*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 Raffles Education will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Raffles Education'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.
Raffles Education 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.

O2KC Past Performance

  How has Raffles Education 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 Raffles Education's growth in the last year to its industry (Consumer Services).
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.
  • Raffles Education's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Raffles Education has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Raffles Education has become profitable in the last year making it difficult to compare the Europe Consumer Services industry average.
Earnings and Revenue History
Raffles Education'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 Raffles Education Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:O2KC Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 97.79 5.25 -0.45
2018-12-31 96.69 1.90 0.22
2018-09-30 96.06 15.67 -0.02
2018-06-30 96.83 10.67
2018-03-31 95.76 -3.76 -0.04
2017-12-31 95.81 -3.54 -0.04
2017-09-30 95.62 -6.00 0.02
2017-06-30 96.22 -1.85
2017-03-31 99.12 12.99 0.01
2016-12-31 101.63 14.50 0.03
2016-09-30 106.73 13.24 0.04
2016-06-30 111.03 15.82
2016-03-31 114.16 4.57 -1.93
2015-12-31 118.95 11.54 -1.54
2015-09-30 119.61 17.14 -0.74
2015-06-30 119.90 16.98
2015-03-31 122.34 34.46 -0.25
2014-12-31 123.04 53.56 0.10
2014-09-30 129.48 58.69 0.01
2014-06-30 130.79 55.61
2014-03-31 138.17 40.22 9.51
2013-12-31 137.74 20.61 -1.36
2013-09-30 134.22 19.99 -0.69
2013-06-30 136.30 26.92 11.68
2013-03-31 127.84 -58.61 -0.41
2012-12-31 132.43 -61.61 -0.21
2012-09-30 131.89 -64.69 -0.06
2012-06-30 131.76 -53.31

*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.
  • Raffles Education has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Raffles Education used its assets less efficiently than the Europe Consumer Services industry average last year based on Return on Assets.
  • It is difficult to establish if Raffles Education improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Raffles Education'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 Services 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.
Raffles Education has a total score of 0/6, 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.

O2KC Health

 How is Raffles Education'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 Raffles Education's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Raffles Education's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Raffles Education's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Raffles Education'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 not covered by short term assets, assets are 0.3x 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 Raffles Education Company Filings, last reported 2 months ago.

BST:O2KC Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 691.60 401.43 49.40
2018-12-31 685.38 371.87 53.46
2018-09-30 704.64 374.60 80.26
2018-06-30 727.73 382.79 56.05
2018-03-31 647.69 470.61 106.81
2017-12-31 642.87 498.13 151.54
2017-09-30 617.70 464.71 105.82
2017-06-30 620.23 455.79 82.42
2017-03-31 610.98 445.24 91.99
2016-12-31 626.25 401.97 90.21
2016-09-30 616.60 389.80 94.21
2016-06-30 618.96 378.36 69.58
2016-03-31 612.01 378.69 84.87
2015-12-31 633.32 414.54 92.65
2015-09-30 663.15 404.65 107.44
2015-06-30 659.38 390.57 86.56
2015-03-31 662.50 341.06 79.19
2014-12-31 619.75 346.08 75.77
2014-09-30 610.13 312.12 63.86
2014-06-30 603.29 265.69 63.17
2014-03-31 585.85 294.59 103.74
2013-12-31 558.07 285.21 96.69
2013-09-30 599.46 200.99 101.37
2013-06-30 603.30 226.25 75.23
2013-03-31 571.31 228.26 81.83
2012-12-31 555.55 203.00 58.47
2012-09-30 525.84 205.75 60.06
2012-06-30 541.33 215.41 47.40
  • Raffles Education's level of debt (58%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (50.2% vs 58% today).
  • Debt is not well covered by operating cash flow (3.7%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Raffles Education's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Raffles Education'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. Raffles Education has a total score of 0/6, 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.

O2KC Dividends

 What is Raffles Education'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 Raffles Education dividends.
If you bought €2,000 of Raffles Education 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 Raffles Education's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Raffles Education'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
BST:O2KC 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 Services Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
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 3.9%

Industry and Market average data is calculated daily.

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

BST:O2KC Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2017-05-09 0.000 0.000
2017-02-08 0.000 0.000
2016-11-09 0.000 0.000
2016-10-07 0.000 0.000
2016-08-24 0.000 0.000
2015-09-30 0.010 4.410
2014-10-08 0.010 3.196
2013-05-10 0.000 0.000
2013-02-07 0.000 0.000
2012-11-09 0.000 0.000
2012-10-10 0.000 0.000
2012-10-01 0.000 0.000
2012-08-24 0.000 0.000
2012-05-09 0.010 2.597
2012-02-08 0.010 2.172
2011-08-24 0.009 2.027
2011-05-05 0.009 1.654
2011-02-11 0.009 1.178
2010-10-08 0.000 0.000
2010-08-24 0.000 0.000
2010-05-04 0.000 0.000
2010-02-03 0.000 0.000
2009-12-31 0.000 0.000
2009-11-04 0.000 0.000
2009-11-03 0.000 0.000
2009-10-06 0.000 0.000
2009-08-24 0.000 0.000
2009-05-05 0.000 0.000
2009-02-05 0.000 0.000
2008-11-06 0.120 7.630
2008-10-09 0.120 7.300
2008-08-25 0.120 5.356

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

  • Unable to perform a dividend volatility check as Raffles Education has not reported any payouts.
  • Unable to verify if Raffles Education's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Raffles Education's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Raffles Education 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 Raffles Education'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 Raffles Education afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Raffles Education 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.

O2KC Management

 What is the CEO of Raffles Education'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
Hua Seng Chew
COMPENSATION SGD0
AGE 64
CEO Bio

Mr. Hua Seng Chew is the Founder of Raffles Education Corporation Limited and serves as its Chairman of the Board and Chief Executive Officer. Mr. Chew has been the Executive Chairman of China Education Limited since August 2007 and Chief Executive Officer since April 1, 2007. He has been an Executive Chairman of Hartford Education Corporation Pte Ltd since June 18, 2004 and its Chief Executive Officer since September 1, 2004. He has been Chief Executive Director of Langfang Education Consultancy since October 2011. He started out as an entrepreneur in 1979. Mr. Chew sets the vision and strategy for Raffles Education and played a key role in the development and growth of its operations over the past thirteen years. He founded Raffles LaSalle Institute Pte Ltd. in 1990. He has established many design colleges in Malaysia, Australia, Thailand and the PRC including Shanghai, Beijing, Huizhou, Changchun, Guangzhou and Ningbo. He serves as the Chairman of Oriental University City Holdings (H.K.) Limited and has been its Executive Director since June 11, 2012. He joined Oriental University City in December 2007. He has been a Director of Langfang Education Consultancy since October 2011. He has been a Director of Raffles Education Corporation Limited since November 25, 1999, Hartford Education Corporation Limited since June 18, 2004 and China Education Limited since March 26, 2007. He served as a Director of Midas Holdings Ltd. from February 6, 2003 to October 2005. He was conferred the Public Service Medal by the President of Singapore for his contribution to community service in 2010. He was awarded the National University of Singapore Business School Eminent Business Alumni Awards in November 2010 for his outstanding achievements. Mr. Chew holds a Bachelor's Degree in Business Administration from National University of Singapore (now known as the National University of Singapore) in Singapore in May 1979.

CEO Compensation
  • Insufficient data for Hua Seng to compare compensation growth.
  • Hua Seng's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Raffles Education management team in years:

13.6
Average Tenure
  • The average tenure for the Raffles Education management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Hua Seng Chew

TITLE
Chairman
AGE
64

Doris Chung

TITLE
Director of Raffles University Iskandar/Raffles American School

Kenneth Ho

TITLE
Chief Financial Officer
TENURE
16.4 yrs

Ong How

TITLE
Director of HR
TENURE
15.2 yrs

Keloth Raj Kumar

TITLE
Company Secretary
TENURE
12.1 yrs

Karen Grace Yan

TITLE
Vice President of Indochina Operations and Chief Executive Officer of Raffles University Sri Lanka

Graeme Britton

TITLE
President of Raffles University Iskandar & VP of Raffles University System

Steve Rawlinson

TITLE
President-Raffles University Sri Lanka and Principal-Raffles College of Design & Commerce - Sydney
TENURE
3.6 yrs

Ying Chun Liu

TITLE
Deputy Chief Executive Officer of Oriental University City
AGE
54
Board of Directors Tenure

Average tenure and age of the Raffles Education board of directors in years:

1.2
Average Tenure
64
Average Age
  • The average tenure for the Raffles Education board of directors is less than 3 years, this suggests a new board.
Board of Directors

Hua Seng Chew

TITLE
Chairman
AGE
64

John Teo

TITLE
Independent Non Executive Director
AGE
68
TENURE
10.7 yrs

How Teck Lim

TITLE
Lead Independent Non Executive Director
TENURE
1.3 yrs

Hui Tin Gan

TITLE
Independent Non-Executive Director
TENURE
1.2 yrs

Joseph He

TITLE
Non-Independent & Non-Executive Director
AGE
55
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Raffles Education'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. Raffles Education 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.

O2KC News

Simply Wall St News

O2KC Company Info

Description

Raffles Education Corporation Limited, an investment holding company, provides education and related services in ASEAN, North Asia, South Asia, Australasia, and Europe. It operates through Education, Education Facilities Rental Service, and Real Estate Investment & Development segments. The company provides degree, diploma, and full-time certificate programs in design and business-oriented disciplines, pre-tertiary education, and K12 curriculum. In addition, it operates Raffles University Iskandar; Tianjin University of Commerce Boustead College; Raffles American School that offers American K-12 education; Raffles Milano Istituto Moda e Design, which provides degree and masters programs in various disciplines of design; and Oriental University City campus. Further, it engages in education facilities leasing and commercial leasing activities for supporting facilities; and real estate investment and development activities. Additionally, the company offers education supporting and utilities management, and business and management consultancy services. It operates through a network of 24 colleges/universities in 22 cities across 13 countries. Raffles Education Corporation Limited was founded in 1990 and is based in Singapore.

Details
Name: Raffles Education Corporation Limited
O2KC
Exchange: BST
Founded: 1990
SGD72,506,041
1,378,656,672
Website: http://raffles.education
Address: Raffles Education Corporation Limited
Raffles Education Square,
51 Merchant Road,
Singapore,
058283,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX NR7 Ordinary Shares Singapore Exchange SG SGD 24. Jan 2002
OTCPK RFLF.F Ordinary Shares Pink Sheets LLC US USD 24. Jan 2002
BST O2KC Ordinary Shares Boerse-Stuttgart DE EUR 24. Jan 2002
Number of employees
Current staff
Staff numbers
0
Raffles Education employees.
Industry
Education Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 03:13
End of day share price update: 2019/06/25 00:00
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


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.