Catalist:N32

Stock Analysis Report

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Executive Summary

Nippecraft Limited, together with its subsidiaries, provides business and lifestyle stationery products. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: N32 is more volatile than 90% of SG stocks over the past 3 months, typically moving +/- 28% a week.

Volatility Over Time: N32's weekly volatility has increased from 21% to 28% over the past year.


Market Performance


7 Day Return

0%

N32

-1.9%

SG Trade Distributors

-0.5%

SG Market


1 Year Return

-3.3%

N32

-12.1%

SG Trade Distributors

-14.2%

SG Market

Return vs Industry: N32 exceeded the SG Trade Distributors industry which returned -14.8% over the past year.

Return vs Market: N32 exceeded the SG Market which returned -14.4% over the past year.


Shareholder returns

N32IndustryMarket
7 Day0%-1.9%-0.5%
30 Day-12.1%5.6%11.3%
90 Day-12.1%-6.0%10.3%
1 Year-3.3%-3.3%-10.1%-12.1%-9.5%-14.2%
3 Year-45.3%-45.3%-22.7%-40.2%-11.1%-22.1%
5 Year-21.6%-21.6%-37.7%-55.7%12.2%-8.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.26x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate N32's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate N32's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: N32 is unprofitable, so we can't compare its PE Ratio to the SG Trade Distributors industry average.

PE vs Market: N32 is unprofitable, so we can't compare its PE Ratio to the SG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate N32's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: N32 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 Nippecraft forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

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 Nippecraft 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 Nippecraft performed over the past 5 years?

36.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: N32 is currently unprofitable.

Growing Profit Margin: N32 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: N32 is unprofitable, but has reduced losses over the past 5 years at a rate of 36.7% per year.

Accelerating Growth: Unable to compare N32's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: N32 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (9.5%).


Return on Equity

High ROE: N32 has a negative Return on Equity (-2.37%), as it is currently unprofitable.


Next Steps

Financial Health

How is Nippecraft's financial position?


Financial Position Analysis

Short Term Liabilities: N32's short term assets ($50.4M) exceed its short term liabilities ($24.2M).

Long Term Liabilities: N32's short term assets ($50.4M) exceed its long term liabilities ($1.6M).


Debt to Equity History and Analysis

Debt Level: N32 is debt free.

Reducing Debt: N32 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.


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: N32 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: N32 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 29.4% each year


Next Steps

Dividend

What is Nippecraft current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate N32's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate N32'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 N32's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if N32'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 N32'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?

5.0yrs

Average management tenure


CEO

Connie Chan (48 yo)

5yrs

Tenure

US$655,362

Compensation

Ms. Oi Yan Chan, also known as Connie, has been Chief Executive Officer and Executive Director at Nippecraft Limited since December 2, 2015 and has been its Executive Chairlady since August 3, 2017. Ms. Ch...


CEO Compensation Analysis

Compensation vs Market: Connie's total compensation ($USD365.42K) is about average for companies of similar size in the SG market ($USD387.48K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Oi Yan Chan
Executive Chairlady & CEO5yrsUS$655.36kno data
Cheng Fei Chan
Chief Financial Officer2.5yrsno datano data
Kai Wai See
Chief Operating Officer5.67yrsno datano data
Lee Kelvin
Group Head of Marketing1.67yrsno datano data
Philip Anthony Barr
Group Head of Supply Chainno datano datano data
Lih Feng Lee
Company Secretary6.75yrsno datano data
Kuo Wei Lam
Company Secretary5.67yrsno datano data
Shahrazz Raja Hayat
Managing Director of Collins Debden Limited2.92yrsno datano data

5.0yrs

Average Tenure

48yo

Average Age

Experienced Management: N32's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Oi Yan Chan
Executive Chairlady & CEO5yrsUS$655.36kno data
Yu Neng Lim
Independent Non-Executive Director9.42yrsUS$34.50kno data
Song Koon Khoo
Lead Independent Director4.17yrsUS$37.00kno data
Wai San Chow
Independent Director4.17yrsUS$34.50kno data

4.2yrs

Average Tenure

48yo

Average Age

Experienced Board: N32's board of directors are considered experienced (4.2 years average tenure).


Ownership

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


Insider Trading Volume

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


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Nippecraft Limited
  • Ticker: N32
  • Exchange: Catalist
  • Founded: 1977
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: S$10.542m
  • Shares outstanding: 351.40m
  • Website: https://www.nippecraft.com.sg

Location

  • Nippecraft Limited
  • 9 Fan Yoong Road
  • Singapore
  • 629787
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
N32Catalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJun 1994
NIPC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 1994

Biography

Nippecraft Limited, together with its subsidiaries, provides business and lifestyle stationery products. It operates in two segments, Stationery Business and Trading Business. The Stationery Business segme...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 11:08
End of Day Share Price2020/12/04 00:00
Earnings2020/06/30
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.