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Darco Water Technologies

Executive Summary

Darco Water Technologies Limited, an investment holding company, designs, builds, operates, and maintains water and wastewater treatment systems. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Darco Water Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine BLR's volatility over the past 3 months.

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


Market Performance


7 Day Return

0%

BLR

0.7%

SG Machinery

-0.5%

SG Market


1 Year Return

-52.0%

BLR

-61.6%

SG Machinery

-14.2%

SG Market

Return vs Industry: BLR exceeded the SG Machinery industry which returned -62% over the past year.

Return vs Market: BLR underperformed the SG Market which returned -14.4% over the past year.


Shareholder returns

BLRIndustryMarket
7 Day0%0.7%-0.5%
30 Day-20.0%11.9%11.3%
90 Dayn/a1.9%10.3%
1 Year-52.0%-52.0%-61.1%-61.6%-9.5%-14.2%
3 Year-78.2%-78.2%-72.3%-73.2%-11.1%-22.1%
5 Year-82.6%-82.6%-67.0%-69.2%12.2%-8.6%

Long-Term Price Volatility Vs. Market

How volatile is Darco Water Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Darco Water Technologies undervalued compared to its fair value and its price relative to the market?

0.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BLR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BLR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BLR is unprofitable, so we can't compare its PE Ratio to the SG Machinery industry average.

PE vs Market: BLR is unprofitable, so we can't compare its PE Ratio to the SG market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BLR is good value based on its PB Ratio (0.3x) compared to the SG Machinery industry average (0.7x).


Next Steps

Future Growth

How is Darco Water Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.5%

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 Darco Water Technologies 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.


Next Steps

Past Performance

How has Darco Water Technologies performed over the past 5 years?

-72.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLR is currently unprofitable.

Growing Profit Margin: BLR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BLR is unprofitable, and losses have increased over the past 5 years at a rate of 72.8% per year.

Accelerating Growth: Unable to compare BLR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BLR is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-13.7%).


Return on Equity

High ROE: BLR has a negative Return on Equity (-32.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Darco Water Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: BLR's short term assets (SGD75.2M) exceed its short term liabilities (SGD43.7M).

Long Term Liabilities: BLR's short term assets (SGD75.2M) exceed its long term liabilities (SGD2.4M).


Debt to Equity History and Analysis

Debt Level: BLR's debt to equity ratio (13%) is considered satisfactory.

Reducing Debt: BLR's debt to equity ratio has reduced from 17.5% to 13% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BLR has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: BLR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 3.7% each year


Next Steps

Dividend

What is Darco Water Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BLR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BLR'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 BLR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

1.5yrs

Average management tenure


CEO

Kok Hong Poh (49 yo)

1.42yrs

Tenure

Mr. Kok Hong Poh serves as Executive Director and Chief Executive Officer at Darco Water Technologies Limited since July 01, 2019. Mr. Poh has experience working in military and commercial aviation industr...


Leadership Team

NamePositionTenureCompensationOwnership
Yaoyu Wang
Executive Chairman2.58yrsno datano data
Kok Hong Poh
Executive Director & CEO1.42yrsno datano data
Chun Sem Teh
Financial Controller4.58yrsno datano data
Zhao Yong Chang
Chief Operating Officer1.5yrsno datano data
Ze Pin Thye
Team Head of Project Management11.92yrsno datano data
Sin Teo
Head of the Application Engineers Departmentno datano datano data
Phua Kia Chik
Managing Director of Darco Water System Sdn Bhdno datano datano data
Wei Jie Tan
Company Secretary1.25yrsno datano data

1.5yrs

Average Tenure

44yo

Average Age

Experienced Management: BLR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yaoyu Wang
Executive Chairman2.58yrsno datano data
Kok Hong Poh
Executive Director & CEO1.42yrsno datano data
Chee Keong Kong
Independent Director0.42yrno datano data
Guan Seng Sim
Lead Non-Executive Independent Director0.42yrno datano data
Zhi Wang
Non-Executive Deputy Chairman2.67yrsno data44.54%
SGD 5.0m
Jong Yuh Gn
Non-Executive Independent Director1.58yrsno datano data
Joo Mien Ong
Non-Executive Independent Director1.58yrsno datano data

1.6yrs

Average Tenure

53.5yo

Average Age

Experienced Board: BLR's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


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

Darco Water Technologies Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Darco Water Technologies Limited
  • Ticker: BLR
  • Exchange: SGX
  • Founded: 1999
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: S$11.260m
  • Shares outstanding: 93.83m
  • Website: https://www.darcowater.com

Location

  • Darco Water Technologies Limited
  • Harvest@Woodlands
  • No. 09-36, 280 Woodlands Industrial Park E5
  • Singapore
  • 757322
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLRSGX (Singapore Exchange)YesOrdinary SharesSGSGDJul 2002
D3XADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2002

Biography

Darco Water Technologies Limited, an investment holding company, designs, builds, operates, and maintains water and wastewater treatment systems. It operates through three segments: Engineered Environmenta...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 11:13
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.