MUN:BY91

Stock Analysis Report

Executive Summary

GL Limited (formerly known at various times as GuocoLeisure Limited, BIL International Limited and Brierley Investments Limited) was established in New Zealand in 1961.

Snowflake

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.08%

BY91

3.7%

DE Hospitality

1.4%

DE Market


1 Year Return

9.9%

BY91

-16.3%

DE Hospitality

3.7%

DE Market

Return vs Industry: BY91 exceeded the German Hospitality industry which returned -16.3% over the past year.

Return vs Market: BY91 exceeded the German Market which returned 3.7% over the past year.


Shareholder returns

BY91IndustryMarket
7 Day-0.08%3.7%1.4%
30 Day0.5%21.6%1.3%
90 Day-1.7%26.1%3.4%
1 Year13.4%9.9%-10.6%-16.3%7.0%3.7%
3 Year6.9%-1.7%16.0%0.5%18.5%8.3%
5 Year-1.5%-13.5%35.7%8.7%42.2%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

12.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: BY91 (€0.51) is trading below our estimate of fair value (€0.58)

Significantly Undervalued: BY91 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BY91 is good value based on its PE Ratio (21.5x) compared to the Hospitality industry average (32.3x).

PE vs Market: BY91 is poor value based on its PE Ratio (21.5x) compared to the German market (19.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate BY91's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BY91 is good value based on its PB Ratio (0.7x) compared to the DE Hospitality industry average (2.6x).

Future Growth

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

22.3%

Forecasted Consumer Services 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 GL 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.

Past Performance

How has GL performed over the past 5 years?

5.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BY91's earnings have grown by 5% per year over the past 5 years.

Accelerating Growth: BY91's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BY91 had negative earnings growth (-51.6%) over the past year, making it difficult to compare to the Hospitality industry average (-28.4%).


Return on Equity

High ROE: BY91's Return on Equity (3.2%) is considered low.


Return on Assets

ROA vs Industry: BY91's Return on Assets is below or equal to the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: BY91's Return on Capital Employed has declined over the past 3 years.

Financial Health

How is GL's financial position?


Financial Position Analysis

Short Term Liabilities: BY91's short term assets ($312.0M) exceeds its short term liabilities ($64.9M)

Long Term Liabilities: BY91's short term assets (312.0M) exceeds its long term liabilities (229.4M)


Debt to Equity History and Analysis

Debt Level: BY91's debt to equity ratio (19.8%) is considered satisfactory

Reducing Debt: BY91's debt to equity ratio has reduced from 28.8% to 19.8% over the past 5 years.

Debt Coverage: BY91's debt is well covered by operating cash flow (35.9%).

Interest Coverage: BY91's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet

Inventory Level: BY91 has a high level of physical assets or inventory.

Debt Coverage by Assets: BY91's debt is covered by short term assets (assets are 1.464100x debt).

Dividend

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

2.79%

Current Dividend Yield


Upcoming Dividend Payment

Purchase GL before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company2.8%marketbottom25%1.5%markettop25%3.8%industryaverage6.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BY91's dividend (2.79%) is higher than the bottom 25% of dividend payers in the German market (1.47%).

High Dividend: BY91's dividend (2.79%) is low compared to the top 25% of dividend payers in the German market (3.83%).

Stable Dividend: BY91's dividends per share have been stable in the past 10 years.

Growing Dividend: BY91's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (61.6%), BY91's dividend payments are 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.

Management

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

5.2yrs

Average management tenure


CEO

Hong Cheong Tang (64yo)

3.1yrs

Tenure

0

Mr. Hong Cheong Tang has been the Chief Executive Officer and President at Guoco Group Limited since September 1, 2016. Mr. Tang has been Group Managing Director at GL Limited since September 15, 2016. He  ...


Management Age and Tenure

5.2yrs

Average Tenure

53yo

Average Age

Experienced Management: BY91's management team is seasoned and experienced (5.2 years average tenure).


Board Age and Tenure

6.3yrs

Average Tenure

66yo

Average Age

Experienced Board: BY91's board of directors are considered experienced (6.3 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.


Recent Insider Transactions

BuyUS$164,07716 Jul 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares316,300
Max PriceUS$0.52
BuyUS$228,34303 Apr 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares436,500
Max PriceUS$0.52
BuyUS$857,72220 Mar 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares1,800,000
Max PriceUS$0.48
BuyUS$578,95720 Mar 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares1,215,000
Max PriceUS$0.48
BuyUS$633,97918 Mar 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares1,331,000
Max PriceUS$0.48
BuyUS$952,09518 Mar 19
Hong Cheong Tang
EntityIndividual
Role
Chief Executive Officer
Group MD & Executive Director
Shares2,000,000
Max PriceUS$0.48
BuyUS$245,81614 Feb 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares517,200
Max PriceUS$0.48
BuyUS$13,79113 Feb 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares29,000
Max PriceUS$0.48
BuyUS$661,95521 Jan 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares1,369,400
Max PriceUS$0.48
BuyUS$28,77011 Jan 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares59,900
Max PriceUS$0.48
BuyUS$40,54007 Jan 19
Hong Leong Company (Malaysia) Berhad
EntityCompany
Shares85,200
Max PriceUS$0.48
BuyUS$5,27114 Nov 18
Leng Hai Kwek
EntityIndividual
Role
Chairman of the Board
Non-Independent Non-Executive Chairman
Shares65,600
Max PriceUS$0.08
BuyUS$6,69912 Nov 18
Leng Hai Kwek
EntityIndividual
Role
Chairman of the Board
Non-Independent Non-Executive Chairman
Shares84,400
Max PriceUS$0.079
BuyUS$67,64809 Nov 18
Leng Hai Kwek
EntityIndividual
Role
Chairman of the Board
Non-Independent Non-Executive Chairman
Shares150,000
Max PriceUS$0.45

Ownership Breakdown


Management Team

  • Chris Gillett

    Operations Director of Provinces

    • Tenure: 0yrs
  • Hong Cheong Tang (64yo)

    Group MD & Executive Director

    • Tenure: 3.1yrs
  • Jurgen Sutherland

    General Manager of Cumberland - Thistle CorporateOffice

    • Tenure: 0yrs
  • Paul Roden

    Chief Financial Officer of BIL Gaming Corporate Office

    • Tenure: 0yrs
  • Siew Kin Hoon

    General Manager of Corporate Affairs & Human Resources

    • Tenure: 13.2yrs
  • Andrew Chew

    Group Financial Controller

    • Tenure: 0yrs
  • Alan Morgan (42yo)

    Chief Executive Officer of GLH Hotels

    • Tenure: 0.2yrs
  • Susan Lim

    General Counsel & Group Company Secretary

    • Tenure: 6.4yrs
  • Kah Meng Ho (53yo)

    Chief Financial Officer

    • Tenure: 5.2yrs
  • Isaac Mah

    Manager

    • Tenure: 0yrs

Board Members

  • Leng Hai Kwek (66yo)

    Non-Independent Non-Executive Chairman

    • Tenure: 3.1yrs
  • Hong Cheong Tang (64yo)

    Group MD & Executive Director

    • Tenure: 3.1yrs
  • Jennie Chua (74yo)

    Independent Non-Executive Director

    • Tenure: 7.2yrs
    • Compensation: US$105.00k
  • Timothy Teo (67yo)

    Independent Non-Executive Director

    • Tenure: 6.3yrs
    • Compensation: US$100.00k
  • Paul Jeremy Brough (62yo)

    Independent Non-Executive Director

    • Tenure: 7.3yrs
    • Compensation: US$108.59k

Company Information

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


Key Information

  • Name: GL Limited
  • Ticker: BY91
  • Exchange: MUN
  • Founded: 1961
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: S$1.007b
  • Listing Market Cap: S$662.567m
  • Shares outstanding: 1.30b
  • Website: https://www.gl-grp.com

Number of Employees


Location

  • GL Limited
  • No. 15-02 Guoco Tower
  • 1 Wallich Street
  • Singapore
  • 78881
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GUOR.YOTCPK (Pink Sheets LLC)ADRUSUSDMar 1991
B16SGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 1992
BY91MUN (Boerse Muenchen)YesOrdinary SharesDEEURJan 1992
GUOR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992

Biography

GL Limited (formerly known at various times as GuocoLeisure Limited, BIL International Limited and Brierley Investments Limited) was established in New Zealand in 1961. Today, GL Limited is an investment h ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 21:04
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.