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Centurion

SEHK:6090
Snowflake Description

Proven track record and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6090
SEHK
SGD349M
Market Cap
  1. Home
  2. HK
  3. Real Estate
Company description

Centurion Corporation Limited, an investment holding company, develops, owns, and manages workers and students accommodation assets in Singapore, the United Kingdom, Malaysia, Australia, and internationally. The last earnings update was 21 days ago. More info.


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6090 Share Price and Events
7 Day Returns
-1.2%
SEHK:6090
4.9%
HK Real Estate
1.7%
HK Market
1 Year Returns
-19.9%
SEHK:6090
-4.6%
HK Real Estate
-9.5%
HK Market
6090 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Centurion (6090) -1.2% 3% 4.3% -19.9% - -
HK Real Estate 4.9% 7.9% 17.4% -4.6% 54.2% 61.4%
HK Market 1.7% 3.7% 14.2% -9.5% 29.3% 20.7%
1 Year Return vs Industry and Market
  • 6090 underperformed the Real Estate industry which returned -4.6% over the past year.
  • 6090 underperformed the Market in Hong Kong which returned -9.5% over the past year.
Price Volatility
6090
Industry
5yr Volatility vs Market

6090 Value

 Is Centurion undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Centurion to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Centurion.

SEHK:6090 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.9%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:6090
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.097 (1 + (1- 17%) (211.62%))
2.357
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (2 * 5.96%)
13.92%

Discounted Cash Flow Calculation for SEHK:6090 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Centurion is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:6090 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 13.92%)
2019 53.87 Est @ -6.28% 47.28
2020 51.82 Est @ -3.8% 39.93
2021 50.76 Est @ -2.06% 34.33
2022 50.33 Est @ -0.84% 29.88
2023 50.34 Est @ 0.01% 26.23
2024 50.64 Est @ 0.61% 23.17
2025 51.17 Est @ 1.03% 20.54
2026 51.84 Est @ 1.32% 18.27
2027 52.63 Est @ 1.53% 16.28
2028 53.51 Est @ 1.67% 14.53
Present value of next 10 years cash flows SGD270.45
SEHK:6090 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SGD53.51 × (1 + 2%) ÷ (13.92% – 2%)
SGD457.91
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD457.91 ÷ (1 + 13.92%)10
SGD124.36
SEHK:6090 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD270.45 + SGD124.36
SGD394.81
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD394.81 / 840.78
SGD0.47
SEHK:6090 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in SEHK:6090 represents 5.76203x of SGX:OU8
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
5.76203x
Value per Share
(Listing Adjusted, HKD)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 0.47 x 5.76203
HK$2.71
Value per share (HKD) From above. HK$2.71
Current discount Discount to share price of HK$2.42
= -1 x (HK$2.42 - HK$2.71) / HK$2.71
10.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Centurion is available for.
Intrinsic value
11%
Share price is HK$2.42 vs Future cash flow value of HK$2.71
Current Discount Checks
For Centurion to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Centurion's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Centurion's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Centurion's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Centurion's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:6090 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SGD SGD0.09
SGX:OU8 Share Price ** SGX (2019-03-21) in SGD SGD0.42
Hong Kong Real Estate Industry PE Ratio Median Figure of 190 Publicly-Listed Real Estate Companies 6.38x
Hong Kong Market PE Ratio Median Figure of 1,498 Publicly-Listed Companies 10.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Centurion.

SEHK:6090 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:OU8 Share Price ÷ EPS (both in SGD)

= 0.42 ÷ 0.09

4.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Centurion is good value based on earnings compared to the HK Real Estate industry average.
  • Centurion is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Centurion's expected growth come at a high price?
Raw Data
SEHK:6090 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-3.4%per year
Hong Kong Real Estate Industry PEG Ratio Median Figure of 58 Publicly-Listed Real Estate Companies 0.27x
Hong Kong Market PEG Ratio Median Figure of 469 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Centurion, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Centurion's assets?
Raw Data
SEHK:6090 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SGD SGD0.60
SGX:OU8 Share Price * SGX (2019-03-21) in SGD SGD0.42
Hong Kong Real Estate Industry PB Ratio Median Figure of 228 Publicly-Listed Real Estate Companies 0.6x
Hong Kong Market PB Ratio Median Figure of 2,138 Publicly-Listed Companies 0.99x
SEHK:6090 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:OU8 Share Price ÷ Book Value per Share (both in SGD)

= 0.42 ÷ 0.60

0.7x

* Primary Listing of Centurion.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Centurion is overvalued based on assets compared to the HK Real Estate industry average.
X
Value checks
We assess Centurion's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Centurion has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

6090 Future Performance

 How is Centurion expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover Centurion, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-3.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Centurion expected to grow at an attractive rate?
  • Centurion's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2%.
Growth vs Market Checks
  • Centurion's earnings are expected to decrease over the next 1-3 years, this is below the Hong Kong market average.
  • Centurion's revenue growth is positive but not above the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:6090 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:6090 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -3.4%
SEHK:6090 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.3%
Hong Kong Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 5.2%
Hong Kong Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 16.7%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 9.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:6090 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:6090 Future Estimates Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 140 1
2020-12-31 134 1
2019-12-31 129 1
SEHK:6090 Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2018-12-31 127 57 79
2018-09-30 129 52 32
2018-06-30 133 52 31
2018-03-31 136 53 30
2017-12-31 142 57 32
2017-09-30 142 73 29
2017-06-30 139 74 30
2017-03-31 132 73 30
2016-12-31 126 70 29
2016-09-30 120 63 33
2016-06-30 116 60 33
2016-03-31 114 57 34

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Centurion's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Centurion's revenue is expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:6090 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Centurion Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:6090 Future Estimates Data
Date (Data in SGD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
SEHK:6090 Past Financials Data
Date (Data in SGD Millions) EPS *
2018-12-31 0.09
2018-09-30 0.04
2018-06-30 0.04
2018-03-31 0.04
2017-12-31 0.04
2017-09-30 0.04
2017-06-30 0.04
2017-03-31 0.04
2016-12-31 0.04
2016-09-30 0.04
2016-06-30 0.04
2016-03-31 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Centurion is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Centurion's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Centurion has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

6090 Past Performance

  How has Centurion performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Centurion's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Centurion's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Centurion's 1-year earnings growth exceeds its 5-year average (150.1% vs -24.4%)
  • Centurion's earnings growth has exceeded the HK Real Estate industry average in the past year (150.1% vs 32.8%).
Earnings and Revenue History
Centurion's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Centurion Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:6090 Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 126.66 79.33 22.15
2018-09-30 129.06 32.11 29.57
2018-06-30 132.69 30.85 29.49
2018-03-31 135.98 30.13 28.73
2017-12-31 141.73 31.72 28.01
2017-09-30 142.23 28.76 20.56
2017-06-30 138.58 30.26 19.78
2017-03-31 132.15 30.07 19.71
2016-12-31 126.04 28.71 19.48
2016-09-30 119.84 33.29 22.10
2016-06-30 116.27 33.08 21.79
2016-03-31 114.17 34.06 22.03
2015-12-31 110.84 34.13 21.71
2015-09-30 131.25 99.60 17.80
2015-06-30 127.51 100.17 16.89
2015-03-31 120.56 97.87 15.65
2014-12-31 130.08 111.27 15.68
2014-09-30 130.63 65.67 14.32
2014-06-30 123.99 63.08 13.63
2014-03-31 117.85 112.01 13.20
2013-12-31 95.33 93.16 11.77
2013-09-30 59.45 70.95 11.53
2013-06-30 61.58 69.77 12.09
2013-03-31 64.44 18.04 12.08
2012-12-31 63.64 15.22 12.76
2012-09-30 62.31 11.78 12.65
2012-06-30 54.48 -3.34 11.31
2012-03-31 39.83 -6.52 8.34

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Centurion has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Centurion used its assets more efficiently than the HK Real Estate industry average last year based on Return on Assets.
  • Centurion has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Centurion's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Centurion has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

6090 Health

 How is Centurion's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Centurion's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Centurion is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Centurion's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Centurion's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Centurion Company Filings, last reported 2 months ago.

SEHK:6090 Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 524.95 738.40 72.22
2018-09-30 479.37 695.95 81.61
2018-06-30 483.81 652.02 68.67
2018-03-31 487.61 655.67 91.78
2017-12-31 475.73 652.64 75.77
2017-09-30 447.10 662.23 101.64
2017-06-30 415.92 664.74 84.41
2017-03-31 409.50 649.64 85.99
2016-12-31 399.48 660.40 82.55
2016-09-30 392.50 705.14 116.26
2016-06-30 392.29 710.18 113.54
2016-03-31 406.57 685.12 136.61
2015-12-31 402.90 671.59 138.44
2015-09-30 395.39 652.08 141.35
2015-06-30 399.63 575.73 80.64
2015-03-31 396.52 527.28 58.10
2014-12-31 391.56 432.77 63.14
2014-09-30 320.52 425.43 63.78
2014-06-30 317.88 273.39 68.07
2014-03-31 317.54 274.75 71.04
2013-12-31 292.92 186.19 44.37
2013-09-30 267.01 82.54 29.64
2013-06-30 263.13 79.49 36.29
2013-03-31 107.96 80.44 41.92
2012-12-31 211.40 76.00 41.03
2012-09-30 108.18 74.47 19.74
2012-06-30 105.94 76.86 25.50
2012-03-31 104.33 74.44 30.27
  • Centurion's level of debt (140.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (63.8% vs 140.7% today).
  • Debt is not well covered by operating cash flow (7.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).
X
Financial health checks
We assess Centurion's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Centurion has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

6090 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.76%
Current annual income from Centurion dividends.
If you bought HK$2,000 of Centurion shares you are expected to receive HK$95 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Centurion's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (1.97%).
  • Centurion's dividend is below the markets top 25% of dividend payers in Hong Kong (5.3%).
Upcoming dividend payment

Purchase Centurion on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:6090 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Hong Kong Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 136 Stocks 3.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 924 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:6090 Future Dividends Estimate Data
Date (Data in SGD) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
SEHK:6090 Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2019-02-28 0.020 4.767
2018-11-12 0.020 4.896
2018-08-07 0.020 4.672
2018-03-23 0.020 4.336
2018-02-27 0.020 3.990
2017-11-08 0.020 3.736
2017-08-07 0.020 3.822
2017-03-06 0.020 4.408
2016-11-14 0.020 5.786
2016-08-12 0.020 5.805
2016-04-12 0.020 5.402
2015-11-06 0.010 2.620
2015-08-19 0.010 2.346
2015-04-09 0.010 1.916
2015-02-25 0.010 1.851
2014-03-12 0.006 0.983
2013-03-18 0.004 0.938
2012-11-08 0.000 0.000
2012-08-13 0.000 0.000
2012-05-10 0.000 0.000
2012-04-11 0.000 0.000
2012-02-28 0.000 0.000
2011-11-11 0.000 0.000
2011-08-02 9.800 4,963.702

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Centurion has been paying a dividend for less than 10 years.
  • Centurion has only been paying a dividend for 8 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Centurion's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Centurion's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Centurion afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Centurion has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

6090 Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chee Min Kong
AGE 53
TENURE AS CEO 7.6 years
CEO Bio

Mr. Chee Min Kong has been the Chief Executive Officer of Centurion Corporation Limited (formerly, SM Summit Holdings Limited) since August 1, 2011. Mr. Kong served as the Group Finance Director of TES-EnviroCorp. Pte. Ltd. since 2000. He served as the Group Finance Director of SM Summit Holdings Ltd., until July 29, 2011. Mr. Kong is a Certified Public Accountant with over 21 years of finance and corporate management experience. He worked in an American MNC as well as an international public accounting firm before joining Centurion the Group in 1996. He has been an Executive Director of TES-EnviroCorp. Pte. Ltd. He served as an Executive Director of Centurion Corporation Limited from March 28, 2000 to May 8, 2015. Mr. Kong served as an Executive Director of Sm Summit Holdings Ltd. since March 28, 2000 and previously served as its Director. He is also a member of the Institute of Certified Public Accountants of Singapore. Mr. Kong graduated with a Bachelor of Accountancy degree from Nanyang Technological University.

CEO Compensation
  • Insufficient data for Chee Min to compare compensation growth.
  • Insufficient data for Chee Min to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Centurion management team in years:

5.9
Average Tenure
53
Average Age
  • The average tenure for the Centurion management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Chee Min Kong

TITLE
Chief Executive Officer
AGE
53
TENURE
7.6 yrs

Ai Huey Foo

TITLE
Chief Financial Officer
AGE
50
TENURE
7.6 yrs

Janice Lee

TITLE
Human Resources & Administration Manager
AGE
57
TENURE
24.2 yrs

David Oh

TITLE
Investor Relations Manager

Siew Fatt Leong

TITLE
Head of Student Accommodation Business
AGE
52

Kelvin Teo

TITLE
Chief Operating Officer of Accommodation Business & Executive Director
AGE
58
TENURE
12.2 yrs

Lip Chin Ho

TITLE
Chief Investment Officer of Accommodation Business
AGE
49
TENURE
4.2 yrs

Hazel Chia

TITLE
Company Secretary
TENURE
4.2 yrs

Juliana Tan

TITLE
Company Secretary
TENURE
2.2 yrs

Tak Yee Wong

TITLE
Company Secretary
AGE
61
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Centurion board of directors in years:

3.8
Average Tenure
57
Average Age
  • The tenure for the Centurion board of directors is about average.
Board of Directors

Kok Hoe Wong

TITLE
Non-Executive Chairman
COMPENSATION
SGD72K
AGE
55
TENURE
7.6 yrs

Kelvin Teo

TITLE
Chief Operating Officer of Accommodation Business & Executive Director
AGE
58
TENURE
0.8 yrs

Chandra Mohan

TITLE
Independent Non-Executive Director
COMPENSATION
SGD86K
AGE
56
TENURE
11.8 yrs

Hiang Meng Gn

TITLE
Lead Independent Director
COMPENSATION
SGD111K
AGE
69
TENURE
5 yrs

Kek Hean Owi

TITLE
Independent Non-Executive Director
COMPENSATION
SGD69K
AGE
60
TENURE
2.2 yrs

David Loh

TITLE
Non Executive Director
COMPENSATION
SGD42K
AGE
55
TENURE
3.8 yrs

Seng Juan Han

TITLE
Non-Executive Director
COMPENSATION
SGD42K
AGE
56
TENURE
3.8 yrs

Poh Hong Tan

TITLE
Independent Non-Executive Director
AGE
59
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Centurion insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
20. Mar 19 Buy Seng Juan Han Individual 19. Mar 19 19. Mar 19 400,000 HK$2.40 HK$960,001
06. Mar 19 Buy Kim Kang Loh Individual 04. Mar 19 04. Mar 19 2,302,000 HK$2.39 HK$5,501,779
28. Nov 18 Buy Kim Kang Loh Individual 27. Nov 18 27. Nov 18 379,100 HK$2.36 HK$894,053
27. Nov 18 Buy Kim Kang Loh Individual 26. Nov 18 26. Nov 18 504,000 HK$2.36 HK$1,190,395
23. Nov 18 Buy Seng Juan Han Individual 22. Nov 18 22. Nov 18 130,100 HK$2.31 HK$300,489
22. Nov 18 Buy Seng Juan Han Individual 21. Nov 18 21. Nov 18 427,900 HK$2.31 HK$989,308
20. Nov 18 Buy Seng Juan Han Individual 19. Nov 18 19. Nov 18 138,300 HK$2.31 HK$319,904
19. Nov 18 Buy Seng Juan Han Individual 16. Nov 18 16. Nov 18 511,000 HK$2.35 HK$1,200,800
15. Nov 18 Buy Seng Juan Han Individual 14. Nov 18 14. Nov 18 750,000 HK$2.30 HK$1,725,380
14. Nov 18 Buy Seng Juan Han Individual 13. Nov 18 13. Nov 18 650,000 HK$2.29 HK$1,489,195
12. Oct 18 Buy Seng Juan Han Individual 11. Oct 18 11. Oct 18 400,000 HK$0.42 HK$168,000
25. Sep 18 Buy Seng Juan Han Individual 24. Sep 18 24. Sep 18 449,700 HK$2.47 HK$1,110,160
24. Sep 18 Buy Seng Juan Han Individual 20. Sep 18 20. Sep 18 900,000 HK$2.55 HK$1,131,749
21. Sep 18 Buy Seng Juan Han Individual 19. Sep 18 19. Sep 18 716,200 HK$2.51 HK$1,798,722
19. Sep 18 Buy Seng Juan Han Individual 18. Sep 18 18. Sep 18 491,000 HK$2.53 HK$1,233,385
18. Sep 18 Buy Seng Juan Han Individual 17. Sep 18 17. Sep 18 1,391,600 HK$2.45 HK$3,408,979
03. Sep 18 Buy Seng Juan Han Individual 31. Aug 18 31. Aug 18 494,500 HK$2.45 HK$1,209,354
31. Aug 18 Buy Kim Kang Loh Individual 30. Aug 18 30. Aug 18 101,400 HK$2.41 HK$244,248
27. Aug 18 Buy Seng Juan Han Individual 24. Aug 18 24. Aug 18 554,000 HK$2.44 HK$1,352,923
24. Aug 18 Buy Seng Juan Han Individual 23. Aug 18 23. Aug 18 100,300 HK$2.43 HK$243,914
24. Aug 18 Buy Kim Kang Loh Individual 23. Aug 18 23. Aug 18 266,600 HK$2.40 HK$640,702
21. Aug 18 Buy Seng Juan Han Individual 20. Aug 18 20. Aug 18 450,000 HK$2.49 HK$1,118,093
20. Aug 18 Buy Seng Juan Han Individual 17. Aug 18 17. Aug 18 370,000 HK$2.52 HK$927,158
13. Aug 18 Buy Kim Kang Loh Individual 08. Aug 18 08. Aug 18 120,000 HK$2.56 HK$307,347
05. Jul 18 Buy Seng Juan Han Individual 04. Jul 18 04. Jul 18 91,000 HK$2.72 HK$247,520
19. Jun 18 Buy Seng Juan Han Individual 18. Jun 18 18. Jun 18 1,500,000 HK$2.64 HK$3,964,445
14. Jun 18 Buy Seng Juan Han Individual 13. Jun 18 13. Jun 18 750,000 HK$16.35 HK$12,258,865
08. Jun 18 Buy Kim Kang Loh Individual 07. Jun 18 07. Jun 18 800,000 HK$0.47 HK$378,001
06. Jun 18 Buy Seng Juan Han Individual 05. Jun 18 05. Jun 18 1,514,000 HK$16.33 HK$24,532,017
14. May 18 Buy Kim Kang Loh Individual 10. May 18 10. May 18 276,000 HK$2.88 HK$794,714
14. May 18 Buy Kim Kang Loh Individual 09. May 18 09. May 18 409,000 HK$2.89 HK$1,182,010
10. May 18 Buy Kim Kang Loh Individual 09. May 18 09. May 18 409,000 HK$16.90 HK$6,912,022
11. May 18 Buy Kim Kang Loh Individual 10. May 18 10. May 18 276,000 HK$16.87 HK$4,656,746
05. Apr 18 Buy Seng Juan Han Individual 04. Apr 18 04. Apr 18 1,200,000 HK$17.92 HK$21,498,529
04. Apr 18 Buy Kim Kang Loh Individual 03. Apr 18 03. Apr 18 4,534,200 HK$2.99 HK$13,575,018
04. Apr 18 Buy Kim Kang Loh Individual 03. Apr 18 03. Apr 18 415,800 HK$2.90 HK$1,207,278
29. Mar 18 Buy Seng Juan Han Individual 29. Mar 18 29. Mar 18 127,000 HK$3.00 HK$380,987
27. Mar 18 Buy Seng Juan Han Individual 26. Mar 18 26. Mar 18 500,000 HK$3.01 HK$1,502,501
X
Management checks
We assess Centurion's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Centurion has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

6090 News

Simply Wall St News

6090 Company Info

Description

Centurion Corporation Limited, an investment holding company, develops, owns, and manages workers and students accommodation assets in Singapore, the United Kingdom, Malaysia, Australia, and internationally. The company conducts its operations through Workers Accommodation, Student Accommodation, and Others segments. It offers dormitory accommodation and services for workers; and accommodation and services for students. As of October 30, 2018, the company owned and managed a portfolio of 28 operational accommodation assets totaling 55,554 beds. It also manufactures and sells optical discs and related data storage products. In addition, the company offers laundry and dry cleaning; management; utilities and transportation; fund management; and trustee services. Further, it is involved in property investment activates. The company was founded in 1981 and is headquartered in Singapore. Centurion Corporation Limited is a subsidiary of Centurion Properties Pte Ltd.

Details
Name: Centurion Corporation Limited
6090
Exchange: SEHK
Founded: 1981
SGD2,028,645,134
840,778,624
Website: http://www.centurioncorp.com.sg
Address: Centurion Corporation Limited
45 Ubi Road 1,
No. 05-01,
Singapore,
408696,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX OU8 Ordinary Shares Singapore Exchange SG SGD 02. Aug 2011
SEHK 6090 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Aug 2011
Number of employees
Current staff
Staff numbers
316
Centurion employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 13:01
End of day share price update: 2019/03/21 00:00
Last estimates confirmation: 2019/03/06
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.