SEHK:8487

Stock Analysis Report

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Executive Summary

ISP Global Limited, an investment holding company, sells sound and communication systems for various building systems in Singapore.


Snowflake Analysis

Adequate balance sheet with poor track record.


Similar Companies

Share Price & News

How has ISP Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8487's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

8487

-6.2%

HK Communications

0.5%

HK Market


1 Year Return

47.4%

8487

44.6%

HK Communications

6.6%

HK Market

Return vs Industry: 8487 exceeded the Hong Kong Communications industry which returned 44.6% over the past year.

Return vs Market: 8487 exceeded the Hong Kong Market which returned 6.6% over the past year.


Shareholder returns

8487IndustryMarket
7 Day0%-6.2%0.5%
30 Day-13.4%13.3%-0.8%
90 Day20.0%24.2%9.4%
1 Year47.4%47.4%48.2%44.6%11.0%6.6%
3 Yearn/a6.0%-3.2%3.2%-7.8%
5 Yearn/a73.0%49.3%22.5%1.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is ISP Global undervalued compared to its fair value and its price relative to the market?

49545.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 8487 (HK$0.84) is trading above our estimate of fair value (HK$0.18)

Significantly Below Fair Value: 8487 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 8487 is poor value based on its PE Ratio (49545.3x) compared to the HK Communications industry average (17.3x).

PE vs Market: 8487 is poor value based on its PE Ratio (49545.3x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8487's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8487 is overvalued based on its PB Ratio (8.1x) compared to the HK Communications industry average (0.9x).


Next Steps

Future Growth

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

13.9%

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 ISP Global 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 ISP Global performed over the past 5 years?

-6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8487 has a large one-off gain of SGD267.4K impacting its March 31 2020 financial results.

Growing Profit Margin: 8487's current net profit margins (0.04%) are lower than last year (13.1%).


Past Earnings Growth Analysis

Earnings Trend: 8487 has become profitable over the past 5 years, growing earnings by -6.5% per year.

Accelerating Growth: 8487's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8487 had negative earnings growth (-99.8%) over the past year, making it difficult to compare to the Communications industry average (-24.2%).


Return on Equity

High ROE: 8487's Return on Equity (0.02%) is considered low.


Next Steps

Financial Health

How is ISP Global's financial position?


Financial Position Analysis

Short Term Liabilities: 8487's short term assets (SGD12.2M) exceed its short term liabilities (SGD1.3M).

Long Term Liabilities: 8487's short term assets (SGD12.2M) exceed its long term liabilities (SGD1.4M).


Debt to Equity History and Analysis

Debt Level: 8487's debt to equity ratio (10.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 8487's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8487's debt is well covered by operating cash flow (74.7%).

Interest Coverage: Insufficient data to determine if 8487's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is ISP Global current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8487's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8487's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 8487's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8487's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8487's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average board tenure


CEO

Shew Lang Choon (51 yo)

no data

Tenure

S$277,670

Compensation

Ms. Shew Lang Choon serves as chief executive officer and compliance officer of ISP Global Ltd. and has been its Executive Director since July 21 2017. Ms. Choon is the co-founder of ISPL and has been its ...


CEO Compensation Analysis

Compensation vs Market: Shew Lang's total compensation ($USD202.47K) is about average for companies of similar size in the Hong Kong market ($USD230.03K).

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


Board Members

NamePositionTenureCompensationOwnership
Kean Yeow Mong
Executive Chairmanno dataS$333.55kno data
Shew Lang Choon
CEO, Compliance Officer & Executive Directorno dataS$277.67kno data
Jianzhong Yuan
Executive Directorno datano datano data
Chi Wai Tang
Independent Non-Executive Director2.67yrsS$21.00kno data
Shuang Shun Yuan
Independent Non-Executive Directorno datano datano data
Loo Kit Lim
Independent Non-Executive Director2.67yrsS$21.00kno data
Meng Yi Lim
Independent Non-Executive Director2.67yrsS$21.00kno data

2.7yrs

Average Tenure

50yo

Average Age

Experienced Board: 8487's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 8487 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ISP Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ISP Global Limited
  • Ticker: 8487
  • Exchange: SEHK
  • Founded: 2002
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: HK$672.000m
  • Shares outstanding: 800.00m
  • Website: https://www.ispg.hk

Number of Employees


Location

  • ISP Global Limited
  • 3 Ang Mo Kio Street 62
  • No. 01-39 LINK@AMK
  • Singapore
  • 569139
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8487SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2018

Biography

ISP Global Limited, an investment holding company, sells sound and communication systems for various building systems in Singapore. The company sells sound and communication systems and related services; i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 07:57
End of Day Share Price2020/08/13 00:00
Earnings2020/03/31
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.