AIM:UVEL

Stock Analysis Report

UniVision Engineering

Executive Summary

UniVision Engineering Limited, an investment holding company, designs, supplies, consults, installs, and maintains closed circuit televisions in the People’s Republic of China.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has UniVision Engineering's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

UVEL

6.2%

GB Electronic

8.6%

GB Market


1 Year Return

-46.3%

UVEL

-3.9%

GB Electronic

-19.4%

GB Market

Return vs Industry: UVEL underperformed the UK Electronic industry which returned -4.5% over the past year.

Return vs Market: UVEL underperformed the UK Market which returned -21.5% over the past year.


Shareholder returns

UVELIndustryMarket
7 Day0%6.2%8.6%
30 Day0%0.6%-3.5%
90 Day-22.8%-12.4%-23.0%
1 Year-45.0%-46.3%-2.4%-3.9%-15.5%-19.4%
3 Year57.6%46.7%31.9%25.7%-8.8%-19.9%
5 Year54.1%29.4%85.5%69.5%4.2%-19.0%

Price Volatility Vs. Market

How volatile is UniVision Engineering's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is UniVision Engineering undervalued compared to its fair value and its price relative to the market?

4.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UVEL (£0.01) is trading above our estimate of fair value (£0.01)

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


Price To Earnings Ratio

PE vs Industry: UVEL is good value based on its PE Ratio (4.7x) compared to the Electronic industry average (17.3x).

PE vs Market: UVEL is good value based on its PE Ratio (4.7x) compared to the UK market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UVEL is good value based on its PB Ratio (0.5x) compared to the GB Electronic industry average (1.9x).


Next Steps

Future Growth

How is UniVision Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.0%

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 UniVision Engineering 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 UniVision Engineering performed over the past 5 years?

22.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UVEL has high quality earnings.

Growing Profit Margin: UVEL's current net profit margins (6.9%) are lower than last year (15.9%).


Past Earnings Growth Analysis

Earnings Trend: UVEL's earnings have grown significantly by 22% per year over the past 5 years.

Accelerating Growth: UVEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UVEL had negative earnings growth (-41.7%) over the past year, making it difficult to compare to the Electronic industry average (6.9%).


Return on Equity

High ROE: UVEL's Return on Equity (10.7%) is considered low.


Next Steps

Financial Health

How is UniVision Engineering's financial position?


Financial Position Analysis

Short Term Liabilities: UVEL's short term assets (£8.8M) exceed its short term liabilities (£4.0M).

Long Term Liabilities: UVEL's short term assets (£8.8M) exceed its long term liabilities (£1.2M).


Debt to Equity History and Analysis

Debt Level: UVEL's debt to equity ratio (8.1%) is considered satisfactory.

Reducing Debt: UVEL's debt to equity ratio has increased from 6.5% to 8.1% over the past 5 years.

Debt Coverage: UVEL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: UVEL's interest payments on its debt are well covered by EBIT (12.9x coverage).


Balance Sheet


Next Steps

Dividend

What is UniVision Engineering's current dividend yield, its reliability and sustainability?

4.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UVEL's dividend (4.91%) is higher than the bottom 25% of dividend payers in the UK market (2.49%).

High Dividend: UVEL's dividend (4.91%) is low compared to the top 25% of dividend payers in the UK market (6.84%).


Stability and Growth of Payments

Stable Dividend: UVEL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: UVEL has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23%), UVEL'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?

8.5yrs

Average management tenure


CEO

Peter Chan (55yo)

0.33

Tenure

UK£72,819

Compensation

Mr. Yip Tak Chan, also known as Peter, serves as Director of Sales and Marketing at UniVision Engineering Ltd. Mr. Chan joined UniVision in 1995 and has experience in sales and project management. He has b ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD90.43K) is below average for companies of similar size in the UK market ($USD330.32K).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sin Mo Koo
Executive Chairmanno datano data72.9% £3.1m
Yip Chan
Group CEO0.33yrUK£72.82kno data
Kwok Fai Yip
Finance Director12.58yrsUK£69.54kno data
Jack Hong
President of Leader Smart Engineering (Shanghai) Limited8.5yrsno datano data

8.5yrs

Average Tenure

55yo

Average Age

Experienced Management: UVEL's management team is seasoned and experienced (8.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sin Mo Koo
Executive Chairmanno datano data72.9% £3.1m
Yip Chan
Group CEO0.33yrUK£72.82kno data
Kwok Fai Yip
Finance Director12.58yrsUK£69.54kno data
Ivor Shrago
Non-Executive Director1.58yrsUK£7.13k1.39% £58.5k
Nicholas Lyth
Non Executive Director8.5yrsUK£15.68k0.31% £13.2k

7.0yrs

Average Tenure

55yo

Average Age

Experienced Board: UVEL's board of directors are considered experienced (7 years average tenure).


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

UniVision Engineering Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: UniVision Engineering Limited
  • Ticker: UVEL
  • Exchange: AIM
  • Founded: 1979
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: UK£4.220m
  • Shares outstanding: 383.68m
  • Website: https://www.uvel.com

Number of Employees


Location

  • UniVision Engineering Limited
  • Sunbeam Centre
  • 2nd Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UVELAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 2005

Biography

UniVision Engineering Limited, an investment holding company, designs, supplies, consults, installs, and maintains closed circuit televisions in the People’s Republic of China. It provides video matrix switchers/controllers, on-site receivers/driver color cameras, quad units and multiplexers, video distribution amplifiers, sequential video switcher, indoor camera enclosures, fiber optic transmitter/receivers, digital video recording systems, digital network surveillance systems, and digital security monitoring and control system software. The company also offers IP network intercom and security intercom products; and sells security related products. UniVision Engineering Limited was founded in 1979 and is based in Kwun Tong, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 02:41
End of Day Share Price2020/04/09 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.