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Q & M Dental Group (Singapore)

Executive Summary

Q & M Dental Group (Singapore) Limited, an investment holding company, provides private dental healthcare services.


Snowflake Analysis

Proven track record and fair value.

Share Price & News

How has Q & M Dental Group (Singapore)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: QMBN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.0%

QMBN

4.6%

DE Healthcare

2.2%

DE Market


1 Year Return

-12.0%

QMBN

-0.9%

DE Healthcare

-3.9%

DE Market

Return vs Industry: QMBN underperformed the German Healthcare industry which returned -1.7% over the past year.

Return vs Market: QMBN underperformed the German Market which returned -4.6% over the past year.


Shareholder returns

QMBNIndustryMarket
7 Day-6.0%4.6%2.2%
30 Day-13.0%10.5%8.0%
90 Day-2.8%-3.3%-9.6%
1 Year-7.1%-12.0%-0.6%-0.9%-2.3%-3.9%
3 Year-27.7%-34.4%-25.4%-27.8%-7.6%-14.8%
5 Year-49.2%-55.2%-12.1%-16.2%-0.3%-12.9%

Price Volatility Vs. Market

How volatile is Q & M Dental Group (Singapore)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Q & M Dental Group (Singapore) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QMBN (€0.28) is trading below our estimate of fair value (€0.7)

Significantly Below Fair Value: QMBN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: QMBN is good value based on its PE Ratio (19.7x) compared to the Healthcare industry average (27.7x).

PE vs Market: QMBN is poor value based on its PE Ratio (19.7x) compared to the German market (18.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: QMBN is overvalued based on its PB Ratio (2.9x) compared to the DE Healthcare industry average (1.4x).


Next Steps

Future Growth

How is Q & M Dental Group (Singapore) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.8%

Forecasted Healthcare 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 Q & M Dental Group (Singapore) 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 Q & M Dental Group (Singapore) performed over the past 5 years?

6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QMBN has a large one-off gain of SGD11.4M impacting its December 31 2019 financial results.

Growing Profit Margin: QMBN's current net profit margins (14.1%) are higher than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: QMBN's earnings have grown by 6.3% per year over the past 5 years.

Accelerating Growth: QMBN's earnings growth over the past year (28.3%) exceeds its 5-year average (6.3% per year).

Earnings vs Industry: QMBN earnings growth over the past year (28.3%) exceeded the Healthcare industry 6.1%.


Return on Equity

High ROE: QMBN's Return on Equity (14.8%) is considered low.


Next Steps

Financial Health

How is Q & M Dental Group (Singapore)'s financial position?


Financial Position Analysis

Short Term Liabilities: QMBN's short term assets (SGD125.0M) exceed its short term liabilities (SGD70.9M).

Long Term Liabilities: QMBN's short term assets (SGD125.0M) exceed its long term liabilities (SGD111.8M).


Debt to Equity History and Analysis

Debt Level: QMBN's debt to equity ratio (83.1%) is considered high.

Reducing Debt: QMBN's debt to equity ratio has increased from 36.9% to 83.1% over the past 5 years.

Debt Coverage: QMBN's debt is well covered by operating cash flow (27.3%).

Interest Coverage: QMBN's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Q & M Dental Group (Singapore)'s current dividend yield, its reliability and sustainability?

1.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: QMBN's dividend (1.82%) is higher than the bottom 25% of dividend payers in the German market (1.36%).

High Dividend: QMBN's dividend (1.82%) is low compared to the top 25% of dividend payers in the German market (4.18%).


Stability and Growth of Payments

Stable Dividend: QMBN's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.8%), QMBN's dividend payments are well 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?

8.9yrs

Average management tenure


CEO

Chin-Siau Ng (51yo)

8.92yrs

Tenure

S$1,410,145

Compensation

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 Den ...


CEO Compensation Analysis

Compensation vs Market: Chin-Siau's total compensation ($USD989.49K) is about average for companies of similar size in the German market ($USD765.80K).

Compensation vs Earnings: Insufficient data to compare Chin-Siau's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Chin-Siau Ng
Founder8.92yrsS$1.41m1.45% SGD3.3m
Ee Peng Ang
COO & Executive Director11.92yrsS$301.84kno data
Yu Xiong Sim
Chief Financial Officer10.08yrsno datano data
Yun Siew Teh
Legal Counselno datano datano data
Siew Jiuan Foo
General Managerno datano data0.013% SGD29.3k
Sook Hwa Ng
Group Financial Controller8.92yrsno datano data
Sim Ving Lim
Company Secretary0.17yrno datano data
Hui Yee Cheok
Company Secretary0.17yrno datano data
Sook Jing Ng
Executive Officerno datano datano data

8.9yrs

Average Tenure

51yo

Average Age

Experienced Management: QMBN's management team is seasoned and experienced (8.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chin-Siau Ng
Founder8.92yrsS$1.41m1.45% SGD3.3m
Ee Peng Ang
COO & Executive Director11.92yrsS$301.84kno data
Weng Sui Ng
Non-Executive & Independent Director10.58yrsS$64.00k0.030% SGD69.6k
Narayanan Sreenivasan
Non-Executive & Independent Chairman6.25yrsS$64.00k0.053% SGD121.8k
Chooi Gait Toh
Non-Executive & Independent Director6.92yrsS$64.00kno data
Wai Chiew Chik
Non-Independent & Non-Executive Director2.75yrsno datano data

8.8yrs

Average Tenure

58yo

Average Age

Experienced Board: QMBN's board of directors are considered experienced (8.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: QMBN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Q & M Dental Group (Singapore) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Q & M Dental Group (Singapore) Limited
  • Ticker: QMBN
  • Exchange: DB
  • Founded: 1996
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: S$354.289m
  • Listing Market Cap: S$228.217m
  • Shares outstanding: 787.31m
  • Website: https://www.qandm.com.sg

Number of Employees


Location

  • Q & M Dental Group (Singapore) Limited
  • No. 04-01 Logis Hub @ Clementi
  • 2 Clementi Loop
  • Singapore
  • 129809
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QC7SGX (Singapore Exchange)YesOrdinary SharesSGSGDNov 2009
QMBNDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2009

Biography

Q & M Dental Group (Singapore) Limited, an investment holding company, 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, gum disease and surgery, oral surgery, root canal treatment, scaling and polishing, teeth grinding and whitening, tooth-colored filling, and wisdom tooth surgery services; and crowns and bridges, dental X-rays, dentures, extractions, mouth guards, 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 114 dental outlets, 5 medical clinics, and 3 dental supplies and equipment distribution companies in Singapore, Malaysia, and the People’s Republic of China. 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/25 07:32
End of Day Share Price2020/05/22 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.