SGX:BHQ

Stock Analysis Report

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Executive Summary

Sunningdale Tech Ltd manufactures and sells dies, tools, jigs, fixtures, high precision steel molds, and plastic components. More Details


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BHQ is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: BHQ's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

0.7%

BHQ

5.8%

SG Machinery

1.8%

SG Market


1 Year Return

16.9%

BHQ

-61.5%

SG Machinery

-13.7%

SG Market

Return vs Industry: BHQ exceeded the SG Machinery industry which returned -61.5% over the past year.

Return vs Market: BHQ exceeded the SG Market which returned -13.7% over the past year.


Shareholder returns

BHQIndustryMarket
7 Day0.7%5.8%1.8%
30 Day-1.9%12.7%15.2%
90 Day23.6%0.8%9.9%
1 Year24.6%16.9%-61.1%-61.5%-8.9%-13.7%
3 Year-6.7%-21.2%-72.8%-73.7%-11.5%-22.5%
5 Year119.4%69.8%-69.9%-71.8%10.8%-9.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

24.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BHQ (SGD1.52) is trading below our estimate of fair value (SGD2.02)

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


Price To Earnings Ratio

PE vs Industry: BHQ is poor value based on its PE Ratio (17.6x) compared to the SG Machinery industry average (13x).

PE vs Market: BHQ is poor value based on its PE Ratio (17.6x) compared to the SG market (14.1x).


Price to Earnings Growth Ratio

PEG Ratio: BHQ is poor value based on its PEG Ratio (3.5x)


Price to Book Ratio

PB vs Industry: BHQ is overvalued based on its PB Ratio (0.8x) compared to the SG Machinery industry average (0.6x).


Next Steps

Future Growth

How is Sunningdale Tech forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

5.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BHQ's forecast earnings growth (5.1% per year) is above the savings rate (2.2%).

Earnings vs Market: BHQ's earnings (5.1% per year) are forecast to grow slower than the SG market (26.2% per year).

High Growth Earnings: BHQ's earnings are forecast to grow, but not significantly.

Revenue vs Market: BHQ's revenue (2.7% per year) is forecast to grow slower than the SG market (8.2% per year).

High Growth Revenue: BHQ's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BHQ's Return on Equity is forecast to be low in 3 years time (5%).


Next Steps

Past Performance

How has Sunningdale Tech performed over the past 5 years?

-18.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BHQ has high quality earnings.

Growing Profit Margin: BHQ's current net profit margins (2.6%) are higher than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: BHQ's earnings have declined by 18.6% per year over the past 5 years.

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

Earnings vs Industry: BHQ had negative earnings growth (-7%) over the past year, making it difficult to compare to the Machinery industry average (-13.7%).


Return on Equity

High ROE: BHQ's Return on Equity (4.3%) is considered low.


Next Steps

Financial Health

How is Sunningdale Tech's financial position?


Financial Position Analysis

Short Term Liabilities: BHQ's short term assets (SGD475.6M) exceed its short term liabilities (SGD274.8M).

Long Term Liabilities: BHQ's short term assets (SGD475.6M) exceed its long term liabilities (SGD56.5M).


Debt to Equity History and Analysis

Debt Level: BHQ's debt to equity ratio (26.3%) is considered satisfactory.

Reducing Debt: BHQ's debt to equity ratio has reduced from 42% to 26.3% over the past 5 years.

Debt Coverage: BHQ's debt is well covered by operating cash flow (80.5%).

Interest Coverage: BHQ's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Sunningdale Tech current dividend yield, its reliability and sustainability?

5.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BHQ's dividend (5.26%) is higher than the bottom 25% of dividend payers in the SG market (2.37%).

High Dividend: BHQ's dividend (5.26%) is in the top 25% of dividend payers in the SG market (5.14%)


Stability and Growth of Payments

Stable Dividend: BHQ's dividend payments have been volatile in the past 10 years.

Growing Dividend: BHQ's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (78.7%), BHQ's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BHQ's dividends in 3 years are forecast to be covered by earnings (81% payout ratio).


Next Steps

Management

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

11.8yrs

Average management tenure


CEO

Boo Hor Khoo (55 yo)

11.83yrs

Tenure

Mr. Boo Hor Khoo has been the Chief Executive Officer of Sunningdale Tech Ltd. since January 1, 2009. Mr. Khoo served as an Operations Director of Sunningdale Precision Industries Ltd. Mr. Khoo joined the ...


Leadership Team

NamePositionTenureCompensationOwnership
Boo Hor Khoo
CEO & Executive Director11.83yrsno data2.29%
SGD 6.7m
Hui Ling Soh
Chief Financial Officerno datano datano data
Boon Kim Bin
Human Resource Directorno datano datano data
Tung Sing Chan
Senior Vice President of Business Developmentno datano datano data
Bair Kion Tan
GM & Senior VP of Corporate Management19.83yrsno datano data
Chi Lup Lum
Company Secretary0.58yrno datano data

11.8yrs

Average Tenure

Experienced Management: BHQ's management team is seasoned and experienced (11.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Boo Hor Khoo
CEO & Executive Director11.83yrsno data2.29%
SGD 6.7m
Wai San Loke
Non-Independent & Non-Executive Director2.33yrsno datano data
Kaka Singh
Lead Independent Directorno datano data0.041%
SGD 120.5k
Boon Hwee Koh
Non Executive Chairman4.92yrsno data15.56%
SGD 45.6m
Chen Thye Teo
Independent Director15.33yrsno data0.22%
SGD 650.5k
Bee Kiew Tay-Tan
Independent Director3.42yrsno data0.40%
SGD 1.2m

4.9yrs

Average Tenure

61yo

Average Age

Experienced Board: BHQ's board of directors are considered experienced (4.9 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Sunningdale Tech Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sunningdale Tech Ltd
  • Ticker: BHQ
  • Exchange: SGX
  • Founded: 1995
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: S$292.787m
  • Shares outstanding: 192.62m
  • Website: https://www.sdaletech.com

Number of Employees


Location

  • Sunningdale Tech Ltd
  • 51 Joo Koon Circle
  • Singapore
  • 629069
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BHQSGX (Singapore Exchange)YesOrdinary SharesSGSGDOct 2003

Biography

Sunningdale Tech Ltd manufactures and sells dies, tools, jigs, fixtures, high precision steel molds, and plastic components. The company operates through four segments: Automotive, Healthcare, Consumer/IT,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/30 11:10
End of Day Share Price2020/11/30 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.