Tai Sin Electric Limited, together with its subsidiaries, designs, develops, manufactures, and trades in cable and wire products.
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.40|
|52 Week High||S$0.29|
|52 Week Low||S$0.40|
|1 Month Change||3.90%|
|3 Month Change||11.11%|
|1 Year Change||26.98%|
|3 Year Change||6.67%|
|5 Year Change||3.90%|
|Change since IPO||135.29%|
Recent News & Updates
Tai Sin Electric (SGX:500) Has Announced That It Will Be Increasing Its Dividend To S$0.015
The board of Tai Sin Electric Limited ( SGX:500 ) has announced that it will be increasing its dividend on the 15th of...
If You Like EPS Growth Then Check Out Tai Sin Electric (SGX:500) Before It's Too Late
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Key Things To Watch Out For If You Are After Tai Sin Electric Limited's (SGX:500) 4.4% Dividend
Today we'll take a closer look at Tai Sin Electric Limited ( SGX:500 ) from a dividend investor's perspective. Owning a...
|500||SG Electrical||SG Market|
Return vs Industry: 500 exceeded the SG Electrical industry which returned 15.8% over the past year.
Return vs Market: 500 exceeded the SG Market which returned 21.6% over the past year.
Stable Share Price: 500 is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 500's weekly volatility (3%) has been stable over the past year.
About the Company
Tai Sin Electric Limited, together with its subsidiaries, designs, develops, manufactures, and trades in cable and wire products. The company’s Cable & Wire segment provides power, control, instrumentation, and fire resistant and flame retardant cables for use in various areas of electrical and instrumentation installation for commercial, residential, industrial, and infrastructure projects. Its Electrical Material Distribution segment provides industrial control systems and components, sensing products, measurement and monitoring systems, and power quality systems; and safety, cabling, and electrical accessories, as well as lighting and energy monitoring solutions to a range of industries, which includes industrial automation, maintenance, repair, and operations.
Tai Sin Electric Fundamentals Summary
|500 fundamental statistics|
Is 500 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500 income statement (TTM)|
|Cost of Revenue||S$257.07m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.038|
|Net Profit Margin||5.79%|
How did 500 perform over the long term?See historical performance and comparison
7.5%Current Dividend Yield
Does 500 pay a reliable dividends?See 500 dividend history and benchmarks
|Tai Sin Electric dividend dates|
|Ex Dividend Date||Nov 05 2021|
|Dividend Pay Date||Nov 15 2021|
|Days until Ex dividend||19 days|
|Days until Dividend pay date||29 days|
Does 500 pay a reliable dividends?See 500 dividend history and benchmarks
Is Tai Sin Electric undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500 (SGD0.4) is trading above our estimate of fair value (SGD0.39)
Significantly Below Fair Value: 500 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500's PE Ratio (10.7x) is in line with the SG Electrical industry average.
PE vs Market: 500 is good value based on its PE Ratio (10.7x) compared to the SG market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500's PB Ratio (1x) is in line with the SG Electrical industry average.
How is Tai Sin Electric forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Tai Sin Electric 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.
How has Tai Sin Electric performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500 has a large one-off gain of SGD6.9M impacting its June 30 2021 financial results.
Growing Profit Margin: 500's current net profit margins (5.8%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: 500's earnings have declined by 8.6% per year over the past 5 years.
Accelerating Growth: 500's earnings growth over the past year (78.1%) exceeds its 5-year average (-8.6% per year).
Earnings vs Industry: 500 earnings growth over the past year (78.1%) exceeded the Electrical industry 29.6%.
Return on Equity
High ROE: 500's Return on Equity (9.1%) is considered low.
How is Tai Sin Electric's financial position?
Financial Position Analysis
Short Term Liabilities: 500's short term assets (SGD215.1M) exceed its short term liabilities (SGD89.0M).
Long Term Liabilities: 500's short term assets (SGD215.1M) exceed its long term liabilities (SGD12.3M).
Debt to Equity History and Analysis
Debt Level: 500's debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: 500's debt to equity ratio has reduced from 22.4% to 9.5% over the past 5 years.
Debt Coverage: 500's debt is well covered by operating cash flow (144.9%).
Interest Coverage: 500's interest payments on its debt are well covered by EBIT (19.5x coverage).
What is Tai Sin Electric current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 500's dividend (7.5%) is higher than the bottom 25% of dividend payers in the SG market (1.93%).
High Dividend: 500's dividend (7.5%) is in the top 25% of dividend payers in the SG market (5.25%)
Stability and Growth of Payments
Stable Dividend: 500's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60%), 500's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bernard Lim (51 yo)
Mr. Boon Hock Lim, also known as Bernard, has been the Chief Executive Officer of Tai Sin Electric Limited since July 1, 2013. Mr. Lim served as the Chief Operating Officer of Tai Sin Electric Cables Manuf...
CEO Compensation Analysis
Compensation vs Market: Bernard's total compensation ($USD451.79K) is about average for companies of similar size in the SG market ($USD400.25K).
Compensation vs Earnings: Bernard's compensation has been consistent with company performance over the past year.
Experienced Management: 500's management team is seasoned and experienced (8.3 years average tenure).
Experienced Board: 500's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tai Sin Electric Limited's employee growth, exchange listings and data sources
- Name: Tai Sin Electric Limited
- Ticker: 500
- Exchange: SGX
- Founded: 1980
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: S$184.105m
- Shares outstanding: 460.26m
- Website: https://www.taisinelectric.com
Number of Employees
- Tai Sin Electric Limited
- 24 Gul Crescent
- Jurong Town
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 11:01|
|End of Day Share Price||2021/10/15 00:00|
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.