Multi-Chem Limited, an investment holding company, distributes information technology (IT) hardware and software, and vendor maintenance related to Internet and network products in Singapore, the People’s Republic of China, Australia, and internationally.
Excellent balance sheet with solid track record.
Share Price & News
How has Multi-Chem's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MQR1 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MQR1 exceeded the German Electronic industry which returned -27.5% over the past year.
Return vs Market: MQR1 exceeded the German Market which returned -17.5% over the past year.
Price Volatility Vs. Market
How volatile is Multi-Chem's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Multi-Chem undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MQR1 (€0.49) is trading above our estimate of fair value (€0.4)
Significantly Below Fair Value: MQR1 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MQR1 is good value based on its PE Ratio (8.9x) compared to the Electronic industry average (16.7x).
PE vs Market: MQR1 is good value based on its PE Ratio (8.9x) compared to the German market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MQR1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MQR1 is good value based on its PB Ratio (0.7x) compared to the DE Electronic industry average (1.2x).
How is Multi-Chem forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech 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 Multi-Chem 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.
- Examine whether Multi-Chem is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Multi-Chem competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Multi-Chem performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MQR1 has high quality earnings.
Growing Profit Margin: MQR1's current net profit margins (1.7%) are higher than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: MQR1's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: MQR1's earnings growth over the past year (40.8%) exceeds its 5-year average (6.1% per year).
Earnings vs Industry: MQR1 earnings growth over the past year (40.8%) exceeded the Electronic industry -7.4%.
Return on Equity
High ROE: MQR1's Return on Equity (8.5%) is considered low.
How is Multi-Chem's financial position?
Financial Position Analysis
Short Term Liabilities: MQR1's short term assets (SGD239.9M) exceed its short term liabilities (SGD144.6M).
Long Term Liabilities: MQR1's short term assets (SGD239.9M) exceed its long term liabilities (SGD6.8M).
Debt to Equity History and Analysis
Debt Level: MQR1's debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: MQR1's debt to equity ratio has reduced from 40.2% to 20.4% over the past 5 years.
Debt Coverage: MQR1's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: MQR1's interest payments on its debt are well covered by EBIT (38.8x coverage).
Inventory Level: MQR1 has a high level of physical assets or inventory.
Debt Coverage by Assets: MQR1's debt is covered by short term assets (assets are 10.3x debt).
What is Multi-Chem's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MQR1's dividend (5.71%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: MQR1's dividend (5.71%) is in the top 25% of dividend payers in the German market (4.97%)
Stability and Growth of Payments
Stable Dividend: MQR1 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MQR1's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.6%), MQR1'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Suan Foo (65yo)
Mr. Suan Sai Foo Founded Multi-Chem Limited and serves as its Chief Executive Officer. Mr. Foo is responsible for the overall direction and development of Multi-Chem Limited. Previously, he served as the H ...
|Founder||no data||no data||40.58% SGD17.9m|
|Founder||32.83yrs||no data||28.13% SGD12.4m|
|GM & Executive Director||4.83yrs||no data||0.087% SGD38.2k|
|Independent Director||20.17yrs||no data||0.0094% SGD4.2k|
|Independent Chairman of the Board||10.17yrs||no data||no data|
|Independent Director||7.58yrs||no data||no data|
|Independent Director||5.67yrs||no data||no data|
Experienced Board: MQR1's board of directors are seasoned and experienced ( 10.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Multi-Chem Limited's company bio, employee growth, exchange listings and data sources
- Name: Multi-Chem Limited
- Ticker: MQR1
- Exchange: DB
- Founded: 1985
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: S$69.373m
- Listing Market Cap: S$44.146m
- Shares outstanding: 90.10m
- Website: https://www.multichem.com.sg
Number of Employees
- Multi-Chem Limited
- 18 Boon Lay Way
- No. 05-113, Tradehub 21
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MQR1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Feb 2000|
|AWZ||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Feb 2000|
Multi-Chem Limited, an investment holding company, distributes information technology (IT) hardware and software, and vendor maintenance related to Internet and network products in Singapore, the People’s Republic of China, Australia, and internationally. It operates in two segments, PCB Business and IT Business. The company also provides installation, technical, and maintenance services for Internet and network products. In addition, it offers printed circuit board (PCB) manufacturing services, such as mechanical and laser drilling primarily in precision drilling to PCB fabricators. Further, the company distributes a range of specialty chemicals for surface treatment, electroless copper plating, tin/tin lead stripping, and micro-etching; and supplies PCB-related materials and equipment, including plating systems, pulse rectifiers for copper plating, copper and tin anodes for electroplating, entry and back-up materials for drilling, non-woven brushes, dry film and liquid photoresist products, CCL and prepreg products, tacky rollers, tack cloth/wipes, and cleaning machines to remove foreign particles on PCBs. Additionally, it designs and manufactures panel and micro drills; and rents machines, as well as offers software consultancy and implementation services. Multi-Chem Limited was founded in 1985 and is based in Singapore.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 21:03|
|End of Day Share Price||2020/03/31 00:00|
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.