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Market Cap

S$10.4m

Last Updated

2021/05/11 11:06 UTC

Data Sources

Company Financials

Executive Summary

Hor Kew Corporation Limited, an investment holding company, provides various integrated construction related products and services in Singapore. More Details


Snowflake Analysis

Overvalued with poor track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BBP is more volatile than 90% of SG stocks over the past 3 months, typically moving +/- 23% a week.

Volatility Over Time: Insufficient data to determine BBP's volatility change over the past year.


Market Performance


7 Day Return

-16.7%

BBP

-1.5%

SG Construction

-0.6%

SG Market


1 Year Return

33.3%

BBP

21.8%

SG Construction

19.4%

SG Market

Return vs Industry: BBP exceeded the SG Construction industry which returned 21.8% over the past year.

Return vs Market: BBP exceeded the SG Market which returned 19.4% over the past year.


Shareholder returns

BBPIndustryMarket
7 Day-16.7%-1.5%-0.6%
30 Day-24.5%-3.5%-1.2%
90 Day-20.0%3.8%6.2%
1 Year33.3%33.3%25.1%21.8%25.1%19.4%
3 Year-44.4%-44.4%-26.6%-32.2%-3.6%-15.0%
5 Year-33.3%-33.3%-16.9%-26.8%24.9%2.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

31.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BBP (SGD0.2) is trading above our estimate of fair value (SGD0.07)

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


Price To Earnings Ratio

PE vs Industry: BBP is poor value based on its PE Ratio (31.4x) compared to the SG Construction industry average (17.8x).

PE vs Market: BBP is poor value based on its PE Ratio (31.4x) compared to the SG market (15.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BBP is good value based on its PB Ratio (0.2x) compared to the SG Construction industry average (0.5x).


Future Growth

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

14.5%

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.


Past Performance

How has Hor Kew performed over the past 5 years?

-20.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BBP has a large one-off gain of SGD2.0M impacting its December 31 2020 financial results.

Growing Profit Margin: BBP's current net profit margins (0.7%) are lower than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: BBP has become profitable over the past 5 years, growing earnings by -20.3% per year.

Accelerating Growth: BBP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BBP had negative earnings growth (-63.4%) over the past year, making it difficult to compare to the Construction industry average (-27.1%).


Return on Equity

High ROE: BBP's Return on Equity (0.5%) is considered low.


Financial Health

How is Hor Kew's financial position?


Financial Position Analysis

Short Term Liabilities: BBP's short term assets (SGD75.8M) do not cover its short term liabilities (SGD94.0M).

Long Term Liabilities: BBP's short term assets (SGD75.8M) exceed its long term liabilities (SGD10.6M).


Debt to Equity History and Analysis

Debt Level: BBP's debt to equity ratio (116.5%) is considered high.

Reducing Debt: BBP's debt to equity ratio has increased from 72.1% to 116.5% over the past 5 years.

Debt Coverage: BBP's debt is not well covered by operating cash flow (5.7%).

Interest Coverage: Insufficient data to determine if BBP's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Hor Kew current dividend yield, its reliability and sustainability?


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.


Current Payout to Shareholders

Dividend Coverage: BBP is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BBP'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?

10.3yrs

Average management tenure


CEO

Benjamin Aw (41 yo)

1.08yrs

Tenure

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, ...


Leadership Team

Experienced Management: BBP's management team is seasoned and experienced (10.3 years average tenure).


Board Members

Experienced Board: BBP's board of directors are considered experienced (7.5 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

Hor Kew Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hor Kew Corporation Limited
  • Ticker: BBP
  • Exchange: SGX
  • Founded: 1979
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: S$10.413m
  • Shares outstanding: 52.07m
  • Website: https://www.horkew.com.sg

Location

  • Hor Kew Corporation Limited
  • No. 07-01 Hor Kew Business Centre
  • 66 Kallang Pudding Road
  • Singapore
  • 349324
  • Singapore

Listings


Biography

Hor Kew Corporation Limited, an investment holding company, provides various integrated construction related products and services in Singapore. Its Property Investment and Development segment is involved ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/11 11:06
End of Day Share Price2021/05/05 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.