SEHK:1903

Stock Analysis Report

JBB Builders International

Executive Summary

JBB Builders International Limited, an engineering contractor, provides marine construction, and building and infrastructure services to contractors and developers in Malaysia, Japan, and the People’s Republic of China.

Snowflake

Fundamentals

Excellent balance sheet and slightly overvalued.

Share Price & News

How has JBB Builders International's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

7.3%

1903

0.2%

HK Construction

2.4%

HK Market


1 Year Return

n/a

1903

-19.0%

HK Construction

0.4%

HK Market

Return vs Industry: Insufficient data to determine how 1903 performed against the Hong Kong Construction industry.

Return vs Market: Insufficient data to determine how 1903 performed against the Hong Kong Market.


Shareholder returns

1903IndustryMarket
7 Day7.3%0.2%2.4%
30 Day3.5%-6.3%-2.6%
90 Day-0.8%-12.0%-5.6%
1 Yearn/a-15.7%-19.0%4.0%0.4%
3 Yearn/a-25.9%-34.0%15.1%3.5%
5 Yearn/a0.8%-14.3%20.3%0.3%

Price Volatility Vs. Market

How volatile is JBB Builders International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is JBB Builders International undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 1903 (HK$1.17) is trading below our estimate of fair value (HK$3.23)

Significantly Undervalued: 1903 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1903 is poor value based on its PE Ratio (11.9x) compared to the Construction industry average (10.2x).

PE vs Market: 1903 is poor value based on its PE Ratio (11.9x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 1903's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1903 is overvalued based on its PB Ratio (2.5x) compared to the HK Construction industry average (1.1x).


Next Steps

Future Growth

How is JBB Builders International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1903's forecast earnings growth (5.5% per year) is above the savings rate (2%).

Earnings vs Market: 1903's earnings (5.5% per year) are forecast to grow slower than the Hong Kong market (11.2% per year).

High Growth Earnings: 1903's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 1903's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 1903's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 1903's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has JBB Builders International performed over the past 5 years?

-14.9%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 1903's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: 1903's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1903 had negative earnings growth (-14.9%) over the past year, making it difficult to compare to the Construction industry average (-12.8%).


Return on Equity

High ROE: 1903's Return on Equity (13.8%) is considered low.


Return on Assets

ROA vs Industry: 1903's Return on Assets is below or equal to the Construction industry average last year.


Return on Capital Employed

ROCE Improving: 1903's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is JBB Builders International's financial position?


Financial Position Analysis

Short Term Liabilities: 1903's short term assets (MYR330.5M) exceeds its short term liabilities (MYR203.6M)

Long Term Liabilities: 1903's short term assets (330.5M) exceeds its long term liabilities (1.8M)


Debt to Equity History and Analysis

Debt Level: 1903's debt to equity ratio (0.4%) is considered satisfactory

Reducing Debt: Insufficient data to determine if 1903's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1903's debt is well covered by operating cash flow (9812.2%).

Interest Coverage: 1903 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 1903 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 1903's debt is covered by short term assets (assets are 659.642710x debt).


Next Steps

Dividend

What is JBB Builders International's current dividend yield, its reliability and sustainability?

1.71%

Current Dividend Yield


Dividend Yield vs Market

company1.7%marketbottom25%2.3%markettop25%6.3%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 1903's dividend (1.71%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 1903's dividend (1.71%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.33%).

Stable Dividend: Too early to tell whether 1903's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 1903's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.2%), 1903'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

What is the CEO of JBB Builders International's salary, the management and board of directors tenure and is there insider trading?


CEO

JBB Builders International has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team


    Board Members

      Company Information

      JBB Builders International Limited's company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: JBB Builders International Limited
      • Ticker: 1903
      • Exchange: SEHK
      • Founded: 2012
      • Industry: Construction and Engineering
      • Sector: Capital Goods
      • Market Cap: HK$585.000m
      • Shares outstanding: 500.00m
      • Website: https://www.jbb.com.my

      Number of Employees


      Location

      • JBB Builders International Limited
      • No. 20-01, Jalan Sri Perkasa 2/18
      • Taman Tampoi Utama
      • Johor Bahru
      • Johor
      • 81200
      • Malaysia

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      1903SEHK (The Stock Exchange of Hong Kong Ltd.)YesOridnary SharesHKHKDMay 2019

      Biography

      JBB Builders International Limited, an engineering contractor, provides marine construction, and building and infrastructure services to contractors and developers in Malaysia, Japan, and the People’s Repu ...


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2019/10/15 12:56
      End of Day Share Price2019/10/15 00:00
      Earnings2019/06/30
      Annual Earnings2019/06/30


      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.