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Q & M Dental Group (Singapore)

DB:QMBN
Snowflake Description

Moderate growth potential with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QMBN
DB
SGD409M
Market Cap
  1. Home
  2. DE
  3. Healthcare
Company description

Q & M Dental Group (Singapore) Limited provides private dental healthcare services. The last earnings update was 10 days ago. More info.


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QMBN Share Price and Events
7 Day Returns
4%
DB:QMBN
-4%
DE Healthcare
-3.2%
DE Market
1 Year Returns
-13.6%
DB:QMBN
-25.5%
DE Healthcare
-11.6%
DE Market
QMBN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Q & M Dental Group (Singapore) (QMBN) 4% 14.3% 4.7% -13.6% -34.4% 13.5%
DE Healthcare -4% -5.7% -3.6% -25.5% -22.8% 32%
DE Market -3.2% -5.1% 0.3% -11.6% 5.3% 5.9%
1 Year Return vs Industry and Market
  • QMBN outperformed the Healthcare industry which returned -25.5% over the past year.
  • QMBN underperformed the Market in Germany which returned -11.6% over the past year.
Price Volatility
QMBN
Industry
5yr Volatility vs Market

QMBN Value

 Is Q & M Dental Group (Singapore) 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 Q & M Dental Group (Singapore) 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 Q & M Dental Group (Singapore).

DB:QMBN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) 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:QMBN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Healthcare Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.686 (1 + (1- 17%) (25.86%))
0.889
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.89
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.889 * 5.96%)
5.52%

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

The calculations below outline how an intrinsic value for Q & M Dental Group (Singapore) 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:QMBN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 5.52%)
2019 14.36 Analyst x1 13.61
2020 15.31 Analyst x1 13.75
2021 16.01 Est @ 4.54% 13.62
2022 16.53 Est @ 3.25% 13.33
2023 16.91 Est @ 2.34% 12.93
2024 17.20 Est @ 1.71% 12.46
2025 17.42 Est @ 1.26% 11.95
2026 17.58 Est @ 0.95% 11.44
2027 17.71 Est @ 0.74% 10.92
2028 17.82 Est @ 0.58% 10.41
Present value of next 10 years cash flows SGD124.41
DB:QMBN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SGD17.82 × (1 + 0.23%) ÷ (5.52% – 0.23%)
SGD337.20
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD337.20 ÷ (1 + 5.52%)10
SGD196.96
DB:QMBN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD124.41 + SGD196.96
SGD321.36
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD321.36 / 785.62
SGD0.41
DB:QMBN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:QMBN represents 0.59808x of SGX:QC7
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.59808x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 0.41 x 0.59808
€0.24
Value per share (EUR) From above. €0.24
Current discount Discount to share price of €0.31
= -1 x (€0.31 - €0.24) / €0.24
-27.1%

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

  • The current share price of Q & M Dental Group (Singapore) is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Q & M Dental Group (Singapore)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Q & M Dental Group (Singapore)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:QMBN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in SGD SGD0.02
SGX:QC7 Share Price ** SGX (2019-05-24) in SGD SGD0.52
Germany Healthcare Industry PE Ratio Median Figure of 10 Publicly-Listed Healthcare Companies 37.16x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 20.22x

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

** Primary Listing of Q & M Dental Group (Singapore).

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

= SGX:QC7 Share Price ÷ EPS (both in SGD)

= 0.52 ÷ 0.02

29.34x

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

  • Q & M Dental Group (Singapore) is good value based on earnings compared to the DE Healthcare industry average.
  • Q & M Dental Group (Singapore) is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Q & M Dental Group (Singapore)'s expected growth come at a high price?
Raw Data
DB:QMBN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 29.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
18.2%per year
Germany Healthcare Industry PEG Ratio Median Figure of 7 Publicly-Listed Healthcare Companies 1.4x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:QMBN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 29.34x ÷ 18.2%

1.61x

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

  • Q & M Dental Group (Singapore) is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Q & M Dental Group (Singapore)'s assets?
Raw Data
DB:QMBN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in SGD SGD0.14
SGX:QC7 Share Price * SGX (2019-05-24) in SGD SGD0.52
Germany Healthcare Industry PB Ratio Median Figure of 11 Publicly-Listed Healthcare Companies 1.49x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:QMBN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:QC7 Share Price ÷ Book Value per Share (both in SGD)

= 0.52 ÷ 0.14

3.69x

* Primary Listing of Q & M Dental Group (Singapore).

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

  • Q & M Dental Group (Singapore) is overvalued based on assets compared to the DE Healthcare industry average.
X
Value checks
We assess Q & M Dental Group (Singapore)'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 Healthcare 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 Healthcare industry average (and greater than 0)? (1 check)
  5. Q & M Dental Group (Singapore) 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.

QMBN Future Performance

 How is Q & M Dental Group (Singapore) expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
18.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Q & M Dental Group (Singapore) expected to grow at an attractive rate?
  • Q & M Dental Group (Singapore)'s earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Q & M Dental Group (Singapore)'s earnings growth is expected to exceed the Germany market average.
  • Q & M Dental Group (Singapore)'s revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:QMBN Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:QMBN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 18.2%
DB:QMBN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 6.9%
Germany Healthcare Industry Earnings Growth Rate Market Cap Weighted Average 9.1%
Germany Healthcare Industry Revenue Growth Rate Market Cap Weighted Average 5.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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:QMBN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:QMBN Future Estimates Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 136 17 18 1
2019-12-31 126 17 17 2
DB:QMBN Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2019-03-31 121 15 13
2018-12-31 120 13 14
2018-09-30 120 14 15
2018-06-30 120 15 15
2018-03-31 120 17 25
2017-12-31 123 17 24
2017-09-30 134 25 39
2017-06-30 144 22 38
2017-03-31 153 22 28
2016-12-31 155 19 28
2016-09-30 145 12 12
2016-06-30 137 13 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Q & M Dental Group (Singapore)'s earnings are expected to grow by 18.2% yearly, however this is not considered high growth (20% yearly).
  • Q & M Dental Group (Singapore)'s revenue is expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).
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:QMBN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Q & M Dental Group (Singapore) Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:QMBN Future Estimates Data
Date (Data in SGD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.02 0.02 0.02 1.00
2019-12-31 0.02 0.02 0.02 2.00
DB:QMBN Past Financials Data
Date (Data in SGD Millions) EPS *
2019-03-31
2018-12-31 0.02
2018-09-30 0.02
2018-06-30 0.02
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 0.05
2017-06-30 0.05
2017-03-31 0.04
2016-12-31 0.04
2016-09-30 0.02
2016-06-30 0.01

*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 Q & M Dental Group (Singapore) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Q & M Dental Group (Singapore)'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Q & M Dental Group (Singapore) 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.

QMBN Past Performance

  How has Q & M Dental Group (Singapore) 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 Q & M Dental Group (Singapore)'s growth in the last year to its industry (Healthcare).
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.
  • Q & M Dental Group (Singapore)'s year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Q & M Dental Group (Singapore)'s 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Q & M Dental Group (Singapore)'s 1-year earnings growth is negative, it can't be compared to the DE Healthcare industry average.
Earnings and Revenue History
Q & M Dental Group (Singapore)'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 Q & M Dental Group (Singapore) Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:QMBN Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 121.05 13.09
2018-12-31 119.89 14.01
2018-09-30 120.17 15.48
2018-06-30 120.11 15.45
2018-03-31 120.19 24.53
2017-12-31 123.49 23.87
2017-09-30 134.42 39.15
2017-06-30 143.88 38.37
2017-03-31 152.58 28.43
2016-12-31 154.94 28.30
2016-09-30 145.46 12.32
2016-06-30 137.15 12.23
2016-03-31 129.35 12.22
2015-12-31 124.00 11.40
2015-09-30 122.20 12.81
2015-06-30 120.04 12.42
2015-03-31 109.77 9.92
2014-12-31 100.28 8.57
2014-09-30 89.53 8.01
2014-06-30 79.81 7.17
2014-03-31 75.46 6.88
2013-12-31 71.15 6.46
2013-09-30 66.09 5.33
2013-06-30 61.66 4.82
2013-03-31 59.26 5.05
2012-12-31 57.04 5.00
2012-09-30 54.80 4.56
2012-06-30 52.48 4.41

*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.
  • Q & M Dental Group (Singapore) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Q & M Dental Group (Singapore) used its assets more efficiently than the DE Healthcare industry average last year based on Return on Assets.
  • Q & M Dental Group (Singapore)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Q & M Dental Group (Singapore)'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 Healthcare 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.
Q & M Dental Group (Singapore) has a total score of 2/6, 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.

QMBN Health

 How is Q & M Dental Group (Singapore)'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 Q & M Dental Group (Singapore)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Q & M Dental Group (Singapore) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Q & M Dental Group (Singapore)'s long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Q & M Dental Group (Singapore)'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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.5x 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 Q & M Dental Group (Singapore) Company Filings, last reported 1 month ago.

DB:QMBN Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 116.03 105.63 25.00
2018-12-31 111.69 86.63 24.92
2018-09-30 111.12 86.50 23.40
2018-06-30 112.79 87.03 29.51
2018-03-31 118.78 86.69 38.38
2017-12-31 113.87 86.86 37.04
2017-09-30 111.96 84.60 32.02
2017-06-30 114.29 84.54 36.24
2017-03-31 125.23 84.69 48.05
2016-12-31 122.04 84.78 44.09
2016-09-30 117.83 78.95 46.33
2016-06-30 116.93 89.06 65.48
2016-03-31 109.08 89.06 60.73
2015-12-31 108.21 79.45 64.88
2015-09-30 95.41 80.05 67.99
2015-06-30 95.15 88.87 86.78
2015-03-31 89.68 89.25 88.49
2014-12-31 89.33 32.34 35.68
2014-09-30 57.75 44.52 38.75
2014-06-30 45.41 20.54 14.29
2014-03-31 48.23 8.85 19.13
2013-12-31 46.71 8.93 28.75
2013-09-30 43.73 12.52 25.44
2013-06-30 45.63 12.65 30.56
2013-03-31 46.98 9.12 29.83
2012-12-31 28.94 9.28 18.49
2012-09-30 27.13 9.58 12.88
2012-06-30 27.80 6.60 14.94
  • Q & M Dental Group (Singapore)'s level of debt (91%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (18.6% vs 91% today).
  • Debt is not well covered by operating cash flow (14%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.5x coverage).
X
Financial health checks
We assess Q & M Dental Group (Singapore)'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. Q & M Dental Group (Singapore) has a total score of 2/6, 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.

QMBN Dividends

 What is Q & M Dental Group (Singapore)'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
1.58%
Current annual income from Q & M Dental Group (Singapore) dividends. Estimated to be 2.24% next year.
If you bought €2,000 of Q & M Dental Group (Singapore) shares you are expected to receive €32 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?
  • Q & M Dental Group (Singapore)'s pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.45%).
  • Q & M Dental Group (Singapore)'s dividend is below the markets top 25% of dividend payers in Germany (3.93%).
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:QMBN 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 2 Analyst Estimates (S&P Global) See Below
Germany Healthcare Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 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.

DB:QMBN Future Dividends Estimate Data
Date (Data in SGD) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.01 1.00
2019-12-31 0.01 2.00
DB:QMBN Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2019-04-09 0.008 1.774
2018-04-03 0.011 2.199
2017-11-13 0.014 2.230
2017-08-14 0.014 2.163
2017-04-11 0.014 2.085
2017-03-01 0.014 2.003
2016-04-25 0.008 1.165
2015-04-10 0.007 1.002
2015-02-27 0.007 1.309
2014-08-11 0.011 2.288
2014-02-26 0.013 2.935
2013-08-12 0.010 3.127
2013-03-01 0.007 2.222
2012-02-27 0.008 2.185
2011-04-07 0.006 1.498
2010-08-12 0.006 2.148
2010-04-29 0.006 2.770
2010-04-13 0.007 2.912
2010-02-25 0.007 2.695

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

  • Q & M Dental Group (Singapore) has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Q & M Dental Group (Singapore) only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Q & M Dental Group (Singapore)'s earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.2x coverage).
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 Q & M Dental Group (Singapore)'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 Q & M Dental Group (Singapore) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Q & M Dental Group (Singapore) has a total score of 2/6, see the detailed checks below.


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

QMBN Management

 What is the CEO of Q & M Dental Group (Singapore)'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
Chin-Siau Ng
COMPENSATION SGD0
AGE 50
TENURE AS CEO 7.9 years
CEO Bio

Dr. Chin Siau Ng founded Q & M Dental Group (Singapore) Limited in November 1996 and has been its Group Chief Executive Officer since June 1, 2011. Dr. Ng served as the Chief Executive Officer at Q & M Dental Group (Singapore) Limited from 1996 to June 1, 2011. Aside from his executive responsibilities, Dr. Ng also practices as a Dentist at Q & M Dental Group “Q&M“ dental clinics at Bukit Batok. From May 1992 to October 1994, he was a dental officer with the Ministry of Health, Institute of Dental Health. He served as an Associate Dental Surgeon with a private dental clinic at Bukit Batok until October 1996. He has been an Executive Director of Q & M Dental Group (Singapore) Limited since January 7, 2008. He received the Best Entrepreneur Award in the discipline of Dentistry from the National University of Singapore's Business Incubation of Global Organisations in September 2007. In September 2009, he was named the top entrepreneur and winner of The Entrepreneur of the Year Award (“EYA“) for Enterprise in the 2009 Rotary Club-ASME EYA. He is a Member of the School Advisory Committee of River Valley High School and was also an elected Member of the SDC from May 2006 to April 2009. He is a Fellow of the International College of Dentists since May 2005, Fellow of the Academy of Dentistry International since September 2009 and Fellow of the International Congress at Oral Implantologist since August 2004. Dr. Ng holds a Bachelor of Dental Surgery from the National University of Singapore in June 1992. Dr. Ng also obtained a Certificate of Implantology from the University of Frankfurt in December 2003.

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

Average tenure and age of the Q & M Dental Group (Singapore) management team in years:

7.9
Average Tenure
50
Average Age
  • The average tenure for the Q & M Dental Group (Singapore) management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Chin-Siau Ng

TITLE
Founder
AGE
50
TENURE
7.9 yrs

Siew Jiuan Foo

TITLE
General Manager
AGE
50

Sook Hwa Ng

TITLE
Group Financial Controller
AGE
77
TENURE
7.9 yrs

Sook Jing Ng

TITLE
Executive Officer

Vitters Sim

TITLE
Chief Financial Officer
AGE
59
TENURE
9.1 yrs

Raymond Ang

TITLE
COO & Executive Director
AGE
49

Yun Teh

TITLE
Legal Counsel

Choi Fan Toon

TITLE
Company Secretary

Selena Leong

TITLE
Company Secretary
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Q & M Dental Group (Singapore) board of directors in years:

7.8
Average Tenure
53.5
Average Age
  • The tenure for the Q & M Dental Group (Singapore) board of directors is about average.
Board of Directors

Narayanan Sreenivasan

TITLE
Non-Executive & Independent Chairman
AGE
57
TENURE
5.3 yrs

Chin-Siau Ng

TITLE
Founder
AGE
50
TENURE
11.3 yrs

Raymond Ang

TITLE
COO & Executive Director
AGE
49
TENURE
10.9 yrs

Harry Ng

TITLE
Non-Executive & Independent Director
AGE
62
TENURE
9.6 yrs

Chooi Gait Toh

TITLE
Non-Executive & Independent Director
TENURE
5.9 yrs

Wai Chiew Chik

TITLE
Non-Independent & Non-Executive Director
TENURE
1.8 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 (€)
23. May 19 Buy Quan Min Holdings Pte Ltd. Company 22. May 19 22. May 19 1,875,400 €0.33 €610,500
21. May 19 Buy Quan Min Holdings Pte Ltd. Company 17. May 19 17. May 19 1,001,000 €0.31 €311,962
17. May 19 Buy Quan Min Holdings Pte Ltd. Company 16. May 19 16. May 19 391,300 €0.31 €120,467
29. Apr 19 Buy Quan Min Holdings Pte Ltd. Company 26. Apr 19 26. Apr 19 1,695,600 €0.32 €535,777
26. Apr 19 Buy Quan Min Holdings Pte Ltd. Company 25. Apr 19 25. Apr 19 3,113,200 €0.30 €938,339
25. Apr 19 Buy Quan Min Holdings Pte Ltd. Company 24. Apr 19 24. Apr 19 2,017,500 €0.29 €590,971
24. Apr 19 Buy Quan Min Holdings Pte Ltd. Company 23. Apr 19 23. Apr 19 400,500 €0.28 €111,343
28. Dec 18 Buy Quan Min Holdings Pte Ltd. Company 27. Dec 18 27. Dec 18 767,500 €0.32 €247,014
26. Dec 18 Buy Quan Min Holdings Pte Ltd. Company 21. Dec 18 24. Dec 18 645,200 €0.32 €208,046
21. Dec 18 Buy Quan Min Holdings Pte Ltd. Company 20. Dec 18 20. Dec 18 754,100 €0.32 €241,622
14. Dec 18 Buy Quan Min Holdings Pte Ltd. Company 13. Dec 18 13. Dec 18 500,900 €0.32 €161,351
10. Dec 18 Buy Quan Min Holdings Pte Ltd. Company 07. Dec 18 07. Dec 18 244,700 €0.32 €77,574
07. Dec 18 Buy Quan Min Holdings Pte Ltd. Company 06. Dec 18 06. Dec 18 10,900 €0.31 €3,427
06. Dec 18 Buy Quan Min Holdings Pte Ltd. Company 05. Dec 18 05. Dec 18 50,000 €0.32 €15,790
30. Nov 18 Buy Quan Min Holdings Pte Ltd. Company 29. Nov 18 29. Nov 18 340,000 €0.32 €108,866
29. Nov 18 Buy Quan Min Holdings Pte Ltd. Company 28. Nov 18 28. Nov 18 1,900 €0.32 €605
26. Nov 18 Buy Quan Min Holdings Pte Ltd. Company 23. Nov 18 23. Nov 18 432,000 €0.32 €139,301
04. Dec 18 Buy Quan Min Holdings Pte Ltd. Company 03. Dec 18 03. Dec 18 50,000 €0.32 €15,790
03. Dec 18 Buy Quan Min Holdings Pte Ltd. Company 30. Nov 18 30. Nov 18 80,000 €0.32 €25,486
21. Nov 18 Buy Quan Min Holdings Pte Ltd. Company 20. Nov 18 20. Nov 18 1,066,100 €0.32 €342,076
23. Nov 18 Buy Quan Min Holdings Pte Ltd. Company 22. Nov 18 22. Nov 18 351,500 €0.32 €113,230
22. Nov 18 Buy Quan Min Holdings Pte Ltd. Company 21. Nov 18 21. Nov 18 511,400 €0.32 €165,874
20. Nov 18 Buy Quan Min Holdings Pte Ltd. Company 19. Nov 18 19. Nov 18 39,500 €0.32 €12,481
19. Nov 18 Buy Quan Min Holdings Pte Ltd. Company 16. Nov 18 16. Nov 18 750,000 €0.32 €241,171
16. Nov 18 Buy Quan Min Holdings Pte Ltd. Company 15. Nov 18 15. Nov 18 971,600 €0.32 €315,258
30. Oct 18 Buy Quan Min Holdings Pte Ltd. Company 29. Oct 18 29. Oct 18 1,204,400 €0.33 €393,289
26. Oct 18 Buy Quan Min Holdings Pte Ltd. Company 25. Oct 18 25. Oct 18 5,000 €0.32 €1,576
25. Oct 18 Buy Quan Min Holdings Pte Ltd. Company 24. Oct 18 24. Oct 18 227,800 €0.31 €71,564
24. Oct 18 Buy Quan Min Holdings Pte Ltd. Company 23. Oct 18 23. Oct 18 911,400 €0.31 €283,016
19. Oct 18 Buy Quan Min Holdings Pte Ltd. Company 18. Oct 18 18. Oct 18 47,900 €0.32 €15,101
10. Oct 18 Buy Quan Min Holdings Pte Ltd. Company 09. Oct 18 09. Oct 18 6,800 €0.31 €2,112
09. Oct 18 Buy Quan Min Holdings Pte Ltd. Company 08. Oct 18 08. Oct 18 5,000 €0.31 €1,541
05. Oct 18 Buy Quan Min Holdings Pte Ltd. Company 04. Oct 18 04. Oct 18 11,400 €0.31 €3,516
28. Sep 18 Buy Quan Min Holdings Pte Ltd. Company 27. Sep 18 27. Sep 18 773,100 €0.32 €246,567
27. Sep 18 Buy Quan Min Holdings Pte Ltd. Company 26. Sep 18 26. Sep 18 666,600 €0.31 €209,575
26. Sep 18 Buy Quan Min Holdings Pte Ltd. Company 25. Sep 18 25. Sep 18 211,200 €0.31 €65,825
12. Sep 18 Buy Narayanan Sreenivasan Individual 12. Sep 18 12. Sep 18 30,000 €0.29 €8,646
26. Jul 18 Buy Quan Min Holdings Pte Ltd. Company 25. Jul 18 25. Jul 18 60,000 €0.35 €20,749
25. Jul 18 Buy Quan Min Holdings Pte Ltd. Company 24. Jul 18 24. Jul 18 125,300 €0.34 €42,178
24. Jul 18 Buy Quan Min Holdings Pte Ltd. Company 23. Jul 18 23. Jul 18 316,000 €0.33 €103,088
23. Jul 18 Buy Quan Min Holdings Pte Ltd. Company 20. Jul 18 20. Jul 18 250,000 €0.32 €80,808
20. Jul 18 Buy Quan Min Holdings Pte Ltd. Company 19. Jul 18 19. Jul 18 270,000 €0.32 €86,967
19. Jul 18 Buy Quan Min Holdings Pte Ltd. Company 18. Jul 18 18. Jul 18 630,000 €0.32 €200,058
17. Jul 18 Buy Chin-Siau Ng Individual 16. Jul 18 16. Jul 18 200,000 €0.31 €62,538
10. Jul 18 Buy Quan Min Holdings Pte Ltd. Company 09. Jul 18 09. Jul 18 421,700 €0.32 €132,971
03. Jul 18 Buy Quan Min Holdings Pte Ltd. Company 02. Jul 18 02. Jul 18 78,000 €0.31 €24,538
02. Jul 18 Buy Quan Min Holdings Pte Ltd. Company 29. Jun 18 29. Jun 18 292,900 €0.32 €92,623
28. Jun 18 Buy Quan Min Holdings Pte Ltd. Company 27. Jun 18 27. Jun 18 150,000 €0.32 €48,351
26. Jun 18 Buy Quan Min Holdings Pte Ltd. Company 25. Jun 18 25. Jun 18 207,100 €0.32 €66,725
25. Jun 18 Buy Quan Min Holdings Pte Ltd. Company 21. Jun 18 22. Jun 18 1,146,400 €0.33 €375,222
X
Management checks
We assess Q & M Dental Group (Singapore)'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. Q & M Dental Group (Singapore) 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.

QMBN News

Simply Wall St News

QMBN Company Info

Description

Q & M Dental Group (Singapore) Limited provides private dental healthcare services. It operates through Primary Healthcare, and Dental Equipment and Supplies Distribution segments. It offers various aesthetic/cosmetic, CAD CAM digital, children, general, geriatric, and implant dentistry services; consultation, oral surgery, gum disease and surgery, root canal treatment, scaling and polishing, teeth grinding and whitening, tooth-colored filling, and oral and wisdom tooth surgery services; and crowns and bridges, dental X-rays, dentures, extractions, mouthguards, orthodontics, and sensitive teeth. The company also provides general health services comprising adult and children consultation, chronic disease management, men’s health, and skin care services; and cervical PAP smear, family planning, general and pre-marital health screening, smoking cessation, and weight loss management services, as well as cervical cancer, chicken pox, childhood, hepatitis profiling, influenza, and travel advice vaccinations. In addition, it offers pre-education/extracurricular activity certifications, and pre-employment checks; and ear syringing, foreign materials and warts removal, suturing, and wound care and dressing services. Further, the company offers dental laboratory services; trades in dental surgery materials and equipment; leases dental equipment; and develops dental healthcare software and equipment. It operates 92 dental outlets, 4 medical clinics, and 3 dental supplies and equipment distribution companies in Singapore, Malaysia and the PRC. Q & M Dental Group (Singapore) Limited has a collaboration agreement with IMU Education Sdn Bhd to develop an AI-enhanced dental treatment decision support system for the management of various dental problems. The company was founded in 1996 and is based in Singapore. Q & M Dental Group (Singapore) Limited is a subsidiary of Quan Min Holdings Pte Ltd.

Details
Name: Q & M Dental Group (Singapore) Limited
QMBN
Exchange: DB
Founded: 1996
SGD264,996,820
785,621,921
Website: http://www.qandm.com.sg
Address: Q & M Dental Group (Singapore) Limited
No. 02-04, The Chadwick,
Singapore Science Park 1,
Singapore,
118257,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX QC7 Ordinary Shares Singapore Exchange SG SGD 26. Nov 2009
DB QMBN Ordinary Shares Deutsche Boerse AG DE EUR 26. Nov 2009
Number of employees
Current staff
Staff numbers
0
Q & M Dental Group (Singapore) employees.
Industry
Health Care Services
Healthcare
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 21:24
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/02/28
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
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.