Venture Corporation Limited provides technology solutions, products, and services in Singapore, other countries in the Asia Pacific, and internationally.
Flawless balance sheet established dividend payer.
Share Price & News
How has Venture's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VEM has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: VEM underperformed the German Electronic industry which returned 8.7% over the past year.
Return vs Market: VEM underperformed the German Market which returned 14.4% over the past year.
Price Volatility Vs. Market
How volatile is Venture's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Venture undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VEM (€11) is trading below our estimate of fair value (€13.31)
Significantly Below Fair Value: VEM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: VEM is good value based on its PE Ratio (13x) compared to the Electronic industry average (33.5x).
PE vs Market: VEM is good value based on its PE Ratio (13x) compared to the German market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: VEM is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: VEM is overvalued based on its PB Ratio (2x) compared to the DE Electronic industry average (1.8x).
How is Venture forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VEM's forecast earnings growth (4.3% per year) is above the savings rate (-0.4%).
Earnings vs Market: VEM's earnings (4.3% per year) are forecast to grow slower than the German market (13.3% per year).
High Growth Earnings: VEM's earnings are forecast to grow, but not significantly.
Revenue vs Market: VEM's revenue (3.8% per year) is forecast to grow slower than the German market (5% per year).
High Growth Revenue: VEM's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VEM's Return on Equity is forecast to be low in 3 years time (14.1%).
How has Venture performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VEM has high quality earnings.
Growing Profit Margin: VEM's current net profit margins (10.4%) are lower than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: VEM's earnings have grown significantly by 31.4% per year over the past 5 years.
Accelerating Growth: VEM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VEM had negative earnings growth (-7.6%) over the past year, making it difficult to compare to the Electronic industry average (-3.9%).
Return on Equity
High ROE: VEM's Return on Equity (15.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Venture's financial position?
Financial Position Analysis
Short Term Liabilities: VEM's short term assets (SGD2.3B) exceed its short term liabilities (SGD836.9M).
Long Term Liabilities: VEM's short term assets (SGD2.3B) exceed its long term liabilities (SGD21.2M).
Debt to Equity History and Analysis
Debt Level: VEM's debt to equity ratio (0.05%) is considered satisfactory.
Reducing Debt: VEM's debt to equity ratio has reduced from 9.3% to 0.05% over the past 5 years.
Debt Coverage: VEM's debt is well covered by operating cash flow (27304.5%).
Interest Coverage: VEM earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: VEM has a high level of physical assets or inventory.
Debt Coverage by Assets: VEM's debt is covered by short term assets (assets are 1866.2x debt).
What is Venture's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: VEM's dividend (4.14%) is higher than the bottom 25% of dividend payers in the German market (1.32%).
High Dividend: VEM's dividend (4.14%) is in the top 25% of dividend payers in the German market (3.63%)
Stability and Growth of Payments
Stable Dividend: VEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: VEM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.8%), VEM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VEM's dividends in 3 years are forecast to be covered by earnings (54.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ngit Wong (78yo)
Mr. Ngit Liong Wong has been the Chairman and Chief Executive Officer of Venture Group of Companies since 1986. Mr. Wong serves as the Chief Executive Officer of Venture Corporation Limited. He serves as C ...
CEO Compensation Analysis
Compensation vs Market: Ngit's total compensation ($USD6.36M) is above average for companies of similar size in the German market ($USD2.18M).
Compensation vs Earnings: Ngit's compensation has been consistent with company performance over the past year.
|Chairman & CEO||0yrs||S$8.91m||7.08% SGD228.7m|
|Chief Financial Officer||5yrs||no data||no data|
|Senior Manager||0yrs||no data||no data|
|Chief Human Resource Officer||0yrs||no data||no data|
|Executive Vice President of Technology Products & Solutions||8.1yrs||no data||no data|
|Chief Marketing Officer of USA Sales & Marketing||0yrs||no data||no data|
|Executive Vice President of Advanced Manufacturing & Design Solutions||0yrs||no data||no data|
|VP of Design Services||0yrs||no data||no data|
|Joint Company Secretary||0.9yrs||no data||no data|
|Joint Company Secretary||0.2yrs||no data||no data|
Experienced Management: VEM's management team is considered experienced (3 years average tenure).
|Chairman & CEO||0yrs||S$8.91m||7.08% SGD228.7m|
|Independent Non-Executive Director||5.1yrs||S$110.00k||no data|
|Independent Non-Executive Director||2.1yrs||S$60.00k||no data|
|Lead Independent Director||5.8yrs||S$140.00k||0.0010% SGD33.6k|
|Independent Non-Executive Director||16yrs||S$145.00k||0.0017% SGD55.9k|
|Independent Non-Executive Director||10.4yrs||S$135.00k||no data|
|Independent Non Executive Director||4.1yrs||S$110.00k||no data|
|Independent Non-Executive Director||1.3yrs||S$10.00k||0.0010% SGD33.6k|
Experienced Board: VEM's board of directors are considered experienced (5.5 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Venture Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Venture Corporation Limited
- Ticker: VEM
- Exchange: DB
- Founded: 1984
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: S$4.882b
- Listing Market Cap: S$3.229b
- Shares outstanding: 288.56m
- Website: https://www.venture.com.sg
Number of Employees
- Venture Corporation Limited
- 5006 Ang Mo Kio Avenue 5
- No. 05-01/12 TECHplace II
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VEML.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 1992|
|V03||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Nov 1992|
|VEM||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 1992|
|VEML.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Jan 2009|
Venture Corporation Limited provides technology solutions, products, and services in Singapore, other countries in the Asia Pacific, and internationally. The company operates through Advanced Manufacturing & Design Solutions, and Technology Products & Design Solutions segments. It engages in the design, manufacture, assemble, and distribution of electronic, and other computer products and peripherals; manufacture and sale of terminal units; manufacturing and trading of mechanical products; development and marketing of color imaging products for label printing; and design, integration, and trading of electronic security systems and products. The company is also involved in the provision of electronics services; engineering, customization, logistic, and repair services; information system development and support services; design solutions and services; administrative and technical, and management services. In addition, it engages in the manufacture, design, fabrication, stamping and injection, metal punching, and spraying of industrial metal parts, tools, and dies; design, customization, and marketing of tool-making and precision engineering solutions; manufacture of plastic injection molds and moldings with secondary processes and subassembly; manufacture of high technology products, and import and export of electronic parts, components, equipment, devices, and instruments. Venture Corporation Limited was founded in 1984 and is headquartered in Singapore.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 20:47|
|End of Day Share Price||2020/02/20 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.