BST:YH2

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Executive Summary

Yeo Hiap Seng Limited, an investment holding company, engages in the manufacture, marketing, distribution, sale, and export of food and beverage products in Singapore, Malaysia, Cambodia, and internationally.


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Yeo Hiap Seng's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: YH2 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.4%

YH2

1.9%

DE Food

3.2%

DE Market


1 Year Return

-11.8%

YH2

-0.2%

DE Food

0.01%

DE Market

Return vs Industry: YH2 underperformed the German Food industry which returned -0.2% over the past year.

Return vs Market: YH2 underperformed the German Market which returned 0% over the past year.


Shareholder returns

YH2IndustryMarket
7 Day0.4%1.9%3.2%
30 Day-1.2%10.4%4.7%
90 Day-5.1%5.9%-0.9%
1 Year-7.0%-11.8%1.3%-0.2%1.7%0.01%
3 Year-30.8%-39.4%-14.3%-19.3%-6.8%-14.0%
5 Year-44.4%-52.9%14.1%3.8%3.9%-9.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Yeo Hiap Seng undervalued compared to its fair value and its price relative to the market?

27.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: YH2 (€0.48) is trading above our estimate of fair value (€0.24)

Significantly Below Fair Value: YH2 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: YH2 is poor value based on its PE Ratio (27.5x) compared to the Food industry average (24.6x).

PE vs Market: YH2 is poor value based on its PE Ratio (27.5x) compared to the German market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate YH2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: YH2 is good value based on its PB Ratio (0.8x) compared to the DE Food industry average (1.8x).


Next Steps

Future Growth

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

7.9%

Forecasted Food, Beverage & Tobacco 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 Yeo Hiap Seng 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.


Next Steps

Past Performance

How has Yeo Hiap Seng performed over the past 5 years?

-6.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YH2 has a large one-off gain of SGD20.0M impacting its December 31 2019 financial results.

Growing Profit Margin: YH2's current net profit margins (4.9%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: YH2's earnings have declined by -6.8% per year over the past 5 years.

Accelerating Growth: YH2's earnings growth over the past year (47.1%) exceeds its 5-year average (-6.8% per year).

Earnings vs Industry: YH2 earnings growth over the past year (47.1%) exceeded the Food industry 9.7%.


Return on Equity

High ROE: YH2's Return on Equity (2.9%) is considered low.


Next Steps

Financial Health

How is Yeo Hiap Seng's financial position?


Financial Position Analysis

Short Term Liabilities: YH2's short term assets (SGD424.8M) exceed its short term liabilities (SGD70.8M).

Long Term Liabilities: YH2's short term assets (SGD424.8M) exceed its long term liabilities (SGD31.0M).


Debt to Equity History and Analysis

Debt Level: YH2 is debt free.

Reducing Debt: YH2 has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.

Debt Coverage: YH2 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: YH2 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Yeo Hiap Seng's current dividend yield, its reliability and sustainability?

2.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: YH2's dividend (2.38%) is higher than the bottom 25% of dividend payers in the German market (1.29%).

High Dividend: YH2's dividend (2.38%) is low compared to the top 25% of dividend payers in the German market (3.86%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, YH2 has been paying a dividend for less than 10 years.

Growing Dividend: YH2's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.6%), YH2'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Samuel Koh

0.17

Tenure

Mr. Chee Boon Koh, also known as Samuel, serves as the Group Chief Executive Officer of Yeo Hiap Seng Limited since March 14, 2020. He has extensive executive experience working for Coca-Cola, Unilever and ...


Leadership Team

NamePositionTenureCompensationOwnership
Tzai Teo
0.17yrS$1.95m0.23% SGD702.5k
Chee Boon Koh
Group CEO0.17yrno data0.017% SGD53.9k
Cyndi Pei
Senior VP of Group Finance & Group Financial Controllerno datano datano data
Sue Lynn Neoh
General Counsel & Company Secretaryno datano datano data
Sueann Lim
Executive Vice President of Research & Development and Quality Assuranceno datano datano data
Peng Ooi
Senior Vice President of Malaysia & Indonesia1.5yrsno datano data
Min Kam
Deputy Chief Executive Officer of HK & China1.17yrsno datano data
Angela Lu
Chief Growth Officer & Head of Singapore Marketno datano datano data
Hon Lee
GM of Commercial Malaysia & President Director of PT YHS Indonesiano datano datano data
Peow-Keong Tee
First Vice President of Europeno datano datano data

0.7yrs

Average Tenure

Experienced Management: YH2's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Hon Lee
GM of Commercial Malaysia & President Director of PT YHS Indonesiano datano datano data
S. Chandra Rajagopal Sitaram Das
Deputy Chairman & Lead Independent Director14.5yrsS$234.02kno data
Win-Kong Ng
Non-Independent & Non-Executive Chairman0.33yrS$58.00kno data
Yoke Choong Chin
Independent & Non-Executive Director14yrsS$103.44kno data
Dan Luo
Independent & Non-Executive Director3.33yrsS$72.00kno data
Su Lin Lim
Independent & Non-Executive Director1yrS$46.48kno data
Yih Pin Sitoh
Independent & Non-Executive Director0.58yrS$21.68kno data
Lang Ling Goi
Independent & Non-Executive Director0.58yrS$17.89kno data

1.0yrs

Average Tenure

50yo

Average Age

Experienced Board: YH2's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Yeo Hiap Seng Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yeo Hiap Seng Limited
  • Ticker: YH2
  • Exchange: BST
  • Founded: 1900
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: S$487.125m
  • Listing Market Cap: S$310.006m
  • Shares outstanding: 579.91m
  • Website: https://www.yeos.com.sg

Number of Employees


Location

  • Yeo Hiap Seng Limited
  • 3 Senoko Way
  • Singapore
  • 758057
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
Y03SGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 1992
YH2BST (Boerse-Stuttgart)YesOrdinary SharesDEEURJan 1992

Biography

Yeo Hiap Seng Limited, an investment holding company, engages in the manufacture, marketing, distribution, sale, and export of food and beverage products in Singapore, Malaysia, Cambodia, and internationally. The company operates through two segments, Consumer Food and Beverage Products and Others. It offers Asian drinks, ready-to-drink tea, soy drinks, juice drinks, coconut water, carbonated drinks, sparkling water and drinks, flavored drinks, and water; and culinary sauces, culinary pastes, condiments, canned curries, instant noodles and vermicelli, spreads, and canned seafood and vegetables. The company offers its products under the Yeo’s, H-TWO-O, Pink Dolphin, Justea, Juscool, Oceanic, pH Infinity, Pureté, and Sparkle Water brand names. It also manages other brands, such as A1, The Hain Celestial Group, Allswell, Louis Raison, Bel Normande, Red Bull, and Uni-President; provides vending, warehousing, and logistics services; and invests and develops properties. The company was founded in 1900 and is headquartered in Singapore. Yeo Hiap Seng Limited is a subsidiary of Far East Organization Pte. Ltd. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 08:26
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.