SEHK:8487

Stock Analysis Report

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Market Cap

HK$688.0m

Last Updated

2021/06/20 10:13 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


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 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 8487's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-5.5%

8487

5.0%

HK Communications

-1.3%

HK Market


1 Year Return

-13.1%

8487

76.8%

HK Communications

21.7%

HK Market

Return vs Industry: 8487 underperformed the Hong Kong Communications industry which returned 76.8% over the past year.

Return vs Market: 8487 underperformed the Hong Kong Market which returned 21.7% over the past year.


Shareholder returns

8487IndustryMarket
7 Day-5.5%5.0%-1.3%
30 Day-11.3%18.5%0.2%
90 Day-27.1%16.6%-2.2%
1 Year-13.1%-13.1%79.6%76.8%26.3%21.7%
3 Year-69.1%-69.1%44.1%33.5%10.1%-1.6%
5 Yearn/a192.9%154.8%59.7%32.5%

Long-Term 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?

8.02x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 8487 (HK$0.86) is trading above our estimate of fair value (HK$0.15)

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


Price To Earnings Ratio

PE vs Industry: 8487 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Communications industry average.

PE vs Market: 8487 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


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 (8x) compared to the HK Communications industry average (0.8x).


Future Growth

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

25.7%

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.


Past Performance

How has ISP Global performed over the past 5 years?

-0.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8487 is currently unprofitable.

Growing Profit Margin: 8487 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8487 is unprofitable, and losses have increased over the past 5 years at a rate of 0.2% per year.

Accelerating Growth: Unable to compare 8487's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8487 is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (17.6%).


Return on Equity

High ROE: 8487 has a negative Return on Equity (0.59%), as it is currently unprofitable.


Financial Health

How is ISP Global's financial position?


Financial Position Analysis

Short Term Liabilities: 8487's short term assets (SGD17.3M) exceed its short term liabilities (SGD6.3M).

Long Term Liabilities: 8487's short term assets (SGD17.3M) exceed its long term liabilities (SGD1.2M).


Debt to Equity History and Analysis

Debt Level: 8487's debt to equity ratio (8.8%) is considered satisfactory.

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


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 8487 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 8487 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.6% per year.


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?

0.7yrs

Average board tenure


CEO

Shew Lang Choon (51 yo)

no data

Tenure

S$414,647

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 ($USD308.17K) is above average for companies of similar size in the Hong Kong market ($USD226.59K).

Compensation vs Earnings: Shew Lang's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: 8487's board of directors are not considered experienced ( 0.7 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 bought more shares than they have sold 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$688.000m
  • Shares outstanding: 800.00m
  • Website: https://www.ispg.hk

Number of Employees


Location

  • ISP Global Limited
  • Room 2607
  • 26th Floor
  • Central
  • 569139
  • Hong Kong

Listings


Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/20 10:13
End of Day Share Price2021/06/18 00:00
Earnings2021/03/31
Annual Earnings2020/06/30


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.