SGX:BHQ

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.

Risks

  • Sunningdale Tech is covered by less than 3 analysts.

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


Market Performance


7 Day Return

-1.6%

BHQ

-2.1%

SG Machinery

-0.8%

SG Market


1 Year Return

-12.1%

BHQ

-17.8%

SG Machinery

-1.8%

SG Market

BHQ outperformed the Machinery industry which returned -17.8% over the past year.

BHQ underperformed the Market in Singapore which returned -1.8% over the past year.


Share holder returns

BHQIndustryMarket
7 Day-1.6%-2.1%-0.8%
30 Day-5.4%3.6%0.5%
90 Day-7.5%-20.0%-4.5%
1 Year-6.7%-12.1%-16.1%-17.8%2.2%-1.8%
3 Year37.1%17.7%15.1%7.9%16.3%3.8%
5 Year47.6%17.1%-40.7%-47.1%9.2%-8.9%

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 based on future cash flows and its price relative to the stock market?

29%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Sunningdale Tech's share price is below the future cash flow value, and at a moderate discount (> 20%).

Sunningdale Tech's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Sunningdale Tech is overvalued based on earnings compared to the SG Machinery industry average.

Sunningdale Tech is good value based on earnings compared to the Singapore market.


Price Based on Expected Growth

Sunningdale Tech is good value based on expected growth next year.


Price Based on Value of Assets

Sunningdale Tech is overvalued based on assets compared to the SG Machinery industry average.


Next Steps

Future Growth

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

16.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Sunningdale Tech's revenue is expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).

Sunningdale Tech's earnings are expected to grow by 16.6% yearly, however this is not considered high growth (20% yearly).

Sunningdale Tech's revenue growth is positive but not above the Singapore market average.

Sunningdale Tech's earnings growth is expected to exceed the Singapore market average.

Sunningdale Tech's earnings growth is expected to exceed the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Sunningdale Tech is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Sunningdale Tech performed over the past 5 years?

-0.004%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Sunningdale Tech's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Sunningdale Tech's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Sunningdale Tech's 1-year earnings growth is negative, it can't be compared to the SG Machinery industry average.


Return on Equity

Sunningdale Tech has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Sunningdale Tech used its assets less efficiently than the SG Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Sunningdale Tech's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Sunningdale Tech's financial position?


Financial Position Analysis

Sunningdale Tech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Sunningdale Tech's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Sunningdale Tech's level of debt (27.3%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (20.4% vs 27.3% today).

Debt is well covered by operating cash flow (35.9%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 4.8x debt.


Next Steps

Dividend

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

6.50%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Sunningdale Tech's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.5%).

Sunningdale Tech's dividend is above the markets top 25% of dividend payers in Singapore (5.58%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.1x coverage).


Next Steps

Management

What is the CEO of Sunningdale Tech's salary, the management and board of directors tenure and is there insider trading?

10.8yrs

Average board tenure


CEO

Boo Hor Khoo (54yo)

10.7yrs

Tenure

0

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  ...


Board Age and Tenure

10.8yrs

Average Tenure

54yo

Average Age

The average tenure for the Sunningdale Tech board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Cindy Bin

    Human Resource Director

    • Tenure: 0yrs
  • Hui Ling Soh

    Chief Financial Officer

    • Tenure: 0yrs
  • Simon Tan

    GM & Senior VP of Corporate Management

    • Tenure: 18.7yrs
  • Boo Hor Khoo (54yo)

    CEO & Executive Director

    • Tenure: 10.7yrs
  • Dorothy Ho

    Company Secretary

    • Tenure: 0yrs
  • Tung Sing Chan

    Senior Vice President of Business Development

    • Tenure: 0yrs

Board Members

  • Wai San Loke (51yo)

    Independent Director

    • Tenure: 1.2yrs
  • Sim Ho Ong (50yo)

    Independent Director

    • Tenure: 14.2yrs
  • Kaka Singh

    Lead Independent Director

    • Tenure: 0yrs
  • Boon Hwee Koh (68yo)

    Non Executive Chairman

    • Tenure: 3.8yrs
  • Gabriel Teo

    Independent Director

    • Tenure: 14.2yrs
  • Chi Hung Wong

    Non-Executive Director

    • Tenure: 15.3yrs
  • Boo Hor Khoo (54yo)

    CEO & Executive Director

    • Tenure: 10.7yrs
  • Eileen Tay-Tan (66yo)

    Independent Director

    • Tenure: 2.3yrs

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:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: S$234.496m
  • Shares outstanding: 190.65m
  • 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 Analysis2019/09/20 12:35
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.