Catalist:5UN

Stock Analysis Report

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Executive Summary

Sincap Group Limited, an investment holding company, engages in the trading of thermal coal in Singapore.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Sincap Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5UN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

5UN

6.8%

SG Trade Distributors

0.9%

SG Market


1 Year Return

40.0%

5UN

-5.1%

SG Trade Distributors

-17.7%

SG Market

Return vs Industry: 5UN exceeded the SG Trade Distributors industry which returned -6.6% over the past year.

Return vs Market: 5UN exceeded the SG Market which returned -17.2% over the past year.


Shareholder returns

5UNIndustryMarket
7 Day0%6.8%0.9%
30 Day0%3.3%-1.5%
90 Day0%11.3%3.6%
1 Year40.0%40.0%-2.5%-5.1%-13.6%-17.7%
3 Year-66.7%-66.7%-16.9%-38.4%-13.8%-23.9%
5 Year-83.6%-86.8%-40.9%-59.3%2.3%-15.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Sincap Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 5UN (SGD0.01) is trading below our estimate of fair value (SGD0.43)

Significantly Below Fair Value: 5UN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 5UN is poor value based on its PE Ratio (26.7x) compared to the SG Trade Distributors industry average (19x).

PE vs Market: 5UN is poor value based on its PE Ratio (26.7x) compared to the SG market (12.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5UN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5UN is good value based on its PB Ratio (0.3x) compared to the SG Trade Distributors industry average (0.5x).


Next Steps

Future Growth

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

16.1%

Forecasted Capital Goods 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 Sincap Group 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 Sincap Group performed over the past 5 years?

32.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5UN has high quality earnings.

Growing Profit Margin: 5UN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 5UN has become profitable over the past 5 years, growing earnings by 32.2% per year.

Accelerating Growth: 5UN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 5UN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-13.3%).


Return on Equity

High ROE: 5UN's Return on Equity (1%) is considered low.


Next Steps

Financial Health

How is Sincap Group's financial position?


Financial Position Analysis

Short Term Liabilities: 5UN's short term assets (CN¥260.5M) exceed its short term liabilities (CN¥41.5M).

Long Term Liabilities: 5UN's short term assets (CN¥260.5M) exceed its long term liabilities (CN¥13.2M).


Debt to Equity History and Analysis

Debt Level: 5UN's debt to equity ratio (6%) is considered satisfactory.

Reducing Debt: 5UN's debt to equity ratio has reduced from 19.3% to 6% over the past 5 years.

Debt Coverage: 5UN's debt is well covered by operating cash flow (340%).

Interest Coverage: 5UN's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Next Steps

Dividend

What is Sincap Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 5UN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 5UN'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 5UN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5UN'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 5UN's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

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

2.2yrs

Average board tenure


CEO

Ming Kin Chu (56 yo)

5.08yrs

Tenure

Mr. Ming Kin Chu has been the Chief Executive Officer of Sincap Group Limited since July 06, 2015 and has been its Executive Chairman since April 30, 2015. Mr. Chu served as an Executive Director of Asia C ...


Board Members

NamePositionTenureCompensationOwnership
Ming Kin Chu
Executive Chairman & CEO5.08yrsno data8.24%
CN¥ 980.6k
- Robby
Executive Director3.33yrsno datano data
Yongzhu Han
Executive Chairman of Beijing Sino-Lonther International Trading Co Ltdno datano datano data
Soon Hin Chia
Independent Director0.75yrno datano data
Wai-Leung Teng
Lead Independent Director1.92yrsno datano data
Chong Yang Lee
Independent Director2.17yrsno datano data

2.2yrs

Average Tenure

56yo

Average Age

Experienced Board: 5UN's board of directors are not considered experienced ( 2.2 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: 5UN 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

Sincap Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sincap Group Limited
  • Ticker: 5UN
  • Exchange: Catalist
  • Founded: 1999
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: S$11.907m
  • Shares outstanding: 1.70b
  • Website: https://www.sincapgroup.com.sg

Location

  • Sincap Group Limited
  • No. 04-01, 15 Upper Circular Road
  • Singapore
  • 58413
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5UNCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJul 2012

Biography

Sincap Group Limited, an investment holding company, engages in the trading of thermal coal in Singapore. The company operates through two segments, Coal Products; and Property Development and Investment. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 20:23
End of Day Share Price2020/08/14 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.