BBP Stock Overview
Hor Kew Corporation Limited, an investment holding company, provides various integrated range of construction-related products and services in Singapore.
Hor Kew Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.26|
|52 Week High||S$0.28|
|52 Week Low||S$0.20|
|1 Month Change||0%|
|3 Month Change||13.04%|
|1 Year Change||-3.70%|
|3 Year Change||73.33%|
|5 Year Change||-30.67%|
|Change since IPO||-90.10%|
Recent News & Updates
Slowing Rates Of Return At Hor Kew (SGX:BBP) Leave Little Room For Excitement
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
We Think Hor Kew (SGX:BBP) Is Taking Some Risk With Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|BBP||SG Construction||SG Market|
Return vs Industry: BBP exceeded the SG Construction industry which returned -4.8% over the past year.
Return vs Market: BBP matched the SG Market which returned -3.4% over the past year.
|BBP Average Weekly Movement||7.9%|
|Construction Industry Average Movement||7.9%|
|Market Average Movement||4.8%|
|10% most volatile stocks in SG Market||11.1%|
|10% least volatile stocks in SG Market||2.2%|
Stable Share Price: BBP is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: BBP's weekly volatility (8%) has been stable over the past year.
About the Company
Hor Kew Corporation Limited, an investment holding company, provides various integrated range of construction-related products and services in Singapore. It operates through Property Investment and Development; Construction; and Prefabrication segments. The Property Investment and Development segment is involved in the development, sale, and leasing of residential, commercial, and industrial properties.
Hor Kew Fundamentals Summary
|BBP fundamental statistics|
Is BBP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BBP income statement (TTM)|
|Cost of Revenue||S$43.53m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.077|
|Net Profit Margin||7.08%|
How did BBP perform over the long term?See historical performance and comparison
Is BBP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BBP?
Other financial metrics that can be useful for relative valuation.
|What is BBP's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does BBP's PE Ratio compare to its peers?
|BBP PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
41B Huationg Global
1B6 Ocean Sky International
43F AcroMeta Group
5VC Kori Holdings
BBP Hor Kew
Price-To-Earnings vs Peers: BBP is good value based on its Price-To-Earnings Ratio (3.4x) compared to the peer average (30x).
Price to Earnings Ratio vs Industry
How does BBP's PE Ratio compare vs other companies in the SG Construction Industry?
Price-To-Earnings vs Industry: BBP is good value based on its Price-To-Earnings Ratio (3.4x) compared to the SG Construction industry average (14.1x)
Price to Earnings Ratio vs Fair Ratio
What is BBP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||3.4x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BBP's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of BBP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BBP (SGD0.26) is trading below our estimate of fair value (SGD7.53)
Significantly Below Fair Value: BBP is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BBP's PEG Ratio to determine if it is good value.
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How is Hor Kew forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Hor Kew 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.
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How has Hor Kew performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BBP has a large one-off gain of SGD1.5M impacting its December 31 2021 financial results.
Growing Profit Margin: BBP's current net profit margins (7.1%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: BBP has become profitable over the past 5 years, growing earnings by 23.9% per year.
Accelerating Growth: BBP's earnings growth over the past year (1111.4%) exceeds its 5-year average (23.9% per year).
Earnings vs Industry: BBP earnings growth over the past year (1111.4%) exceeded the Construction industry 78.1%.
Return on Equity
High ROE: BBP's Return on Equity (6.3%) is considered low.
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How is Hor Kew's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BBP's short term assets (SGD68.9M) exceed its short term liabilities (SGD56.9M).
Long Term Liabilities: BBP's short term assets (SGD68.9M) exceed its long term liabilities (SGD35.7M).
Debt to Equity History and Analysis
Debt Level: BBP's net debt to equity ratio (57.1%) is considered high.
Reducing Debt: BBP's debt to equity ratio has increased from 63.9% to 97.3% over the past 5 years.
Debt Coverage: BBP's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: BBP's interest payments on its debt are not well covered by EBIT (1x coverage).
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What is Hor Kew current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BBP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BBP'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 BBP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BBP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: BBP is not paying a notable dividend for the SG market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as BBP has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Benjamin Aw (42 yo)
Mr. Chi-Ken Aw, also known as Benjamin, serves as an Executive Chairman & CEO of Hor Kew Corporation Limited since April 1, 2020. He has been an Executive Director of Hor Kew Corp. Ltd. since February 27,...
Experienced Management: BBP's management team is seasoned and experienced (11.4 years average tenure).
Experienced Board: BBP's board of directors are seasoned and experienced ( 19.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hor Kew Corporation Limited's employee growth, exchange listings and data sources
- Name: Hor Kew Corporation Limited
- Ticker: BBP
- Exchange: SGX
- Founded: 1979
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: S$13.537m
- Shares outstanding: 52.07m
- Website: https://www.horkew.com.sg
- Hor Kew Corporation Limited
- No. 07-01 Hor Kew Business Centre
- 66 Kallang Pudding Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/24 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.