Keppel Corporation Limited, an investment holding company, engages in the offshore and marine, property, infrastructure, and investment businesses in Singapore, China, Hong Kong, Brazil, other Far East and ASEAN countries, and internationally. More Details
Moderate growth potential with imperfect balance sheet.
Share Price & News
How has Keppel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BN4's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BN4 underperformed the SG Industrials industry which returned -20.3% over the past year.
Return vs Market: BN4 underperformed the SG Market which returned -21.7% over the past year.
Price Volatility Vs. Market
How volatile is Keppel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StKeppel (SGX:BN4) Has A Somewhat Strained Balance Sheet
2 months ago | Simply Wall StDoes Keppel Corporation Limited (SGX:BN4) Create Value For Shareholders?
2 months ago | Simply Wall StDoes Keppel Corporation Limited (SGX:BN4) Have A Place In Your Dividend Stock Portfolio?
Is Keppel undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: BN4 (SGD4.19) is trading above our estimate of fair value (SGD2.98)
Significantly Below Fair Value: BN4 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BN4 is unprofitable, so we can't compare its PE Ratio to the XA Industrials industry average.
PE vs Market: BN4 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 BN4's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BN4's PB Ratio (0.7x) is in line with the XA Industrials industry average.
How is Keppel forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BN4 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: BN4 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BN4's is expected to become profitable in the next 3 years.
Revenue vs Market: BN4's revenue (4.6% per year) is forecast to grow slower than the SG market (6.5% per year).
High Growth Revenue: BN4's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BN4's Return on Equity is forecast to be low in 3 years time (7.5%).
How has Keppel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BN4 is currently unprofitable.
Growing Profit Margin: BN4 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BN4 is unprofitable, and losses have increased over the past 5 years at a rate of 30% per year.
Accelerating Growth: Unable to compare BN4's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BN4 is unprofitable, making it difficult to compare its past year earnings growth to the Industrials industry (-18%).
Return on Equity
High ROE: BN4 has a negative Return on Equity (-1.52%), as it is currently unprofitable.
How is Keppel's financial position?
Financial Position Analysis
Short Term Liabilities: BN4's short term assets (SGD13.6B) exceed its short term liabilities (SGD12.6B).
Long Term Liabilities: BN4's short term assets (SGD13.6B) exceed its long term liabilities (SGD8.5B).
Debt to Equity History and Analysis
Debt Level: BN4's debt to equity ratio (120.2%) is considered high.
Reducing Debt: BN4's debt to equity ratio has increased from 62.5% to 120.2% over the past 5 years.
Debt Coverage: BN4's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BN4 is unprofitable, therefore interest payments are not well covered by earnings.
What is Keppel current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BN4's dividend (4.77%) is higher than the bottom 25% of dividend payers in the SG market (2.53%).
High Dividend: BN4's dividend (4.77%) is low compared to the top 25% of dividend payers in the SG market (5.69%).
Stability and Growth of Payments
Stable Dividend: BN4's dividend payments have been volatile in the past 10 years.
Growing Dividend: BN4's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: BN4 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: BN4's dividends in 3 years are forecast to be well covered by earnings (49.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chin Hua Loh (59 yo)
Mr. Chin Hua Loh, CFA serves as Director at M1 Limited since June 11, 2019. He has been the Chief Executive Officer and Executive Director of Keppel Corporation Limited since January 1, 2014. Mr. Loh has b ...
CEO Compensation Analysis
Compensation vs Market: Chin Hua's total compensation ($USD5.21M) is above average for companies of similar size in the SG market ($USD3.30M).
Compensation vs Earnings: Chin Hua's compensation has increased whilst the company is unprofitable.
|CEO & Executive Director||6.67yrs||S$7.18m||0.10% |
|Chief Financial Officer||6.58yrs||no data||no data|
|General Manager of Group Control & Accounts||no data||no data||no data|
|GM of Group Legal & Company Secretary||no data||no data||no data|
|General Manager of Group Risk & Compliance||1.67yrs||no data||no data|
|Director of Group Corporate Communications||5.17yrs||no data||no data|
|Director of Group Corporate Development & MD of Keppel Urban Solutions||3.92yrs||no data||no data|
|Director of Group Human Resources||2.67yrs||no data||no data|
|Chief Representative of China||no data||no data||no data|
|Chief Financial Officer of Keppel Telecommunications & Transportation||no data||no data||no data|
|Chief Operating Officer of Keppel Land||2.67yrs||no data||no data|
|Chief Financial Officer of Keppel Offshore & Marine||1.67yrs||no data||no data|
Experienced Management: BN4's management team is considered experienced (3.3 years average tenure).
|CEO & Executive Director||6.67yrs||S$7.18m||0.10% |
|Non-Executive & Independent Director||5.17yrs||S$211.00k||0.0021% |
|Non-Executive & Independent Director||11.25yrs||S$168.00k||0.0056% |
|Member of Technology Advisory Panel||4.42yrs||no data||no data|
|Member of Technology Advisory Panel||8.67yrs||no data||no data|
|Non-Executive & Independent Chairman||11.17yrs||S$750.00k||0.020% |
|Non-Executive & Independent Director||9.92yrs||S$227.00k||0.0035% |
|Non-Executive & Independent Director||9.92yrs||S$242.00k||0.0052% |
|Non-Executive & Independent Director||5.58yrs||S$179.00k||0.0049% |
|Chairman of Technology Advisory Panel||2.67yrs||no data||no data|
|Member of Technology Advisory Panel||2.67yrs||no data||no data|
|Non-Executive & Independent Director||1.92yrs||S$150.59k||0.0059% |
Experienced Board: BN4's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BN4 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Keppel Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Keppel Corporation Limited
- Ticker: BN4
- Exchange: SGX
- Founded: 1968
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: S$7.452b
- Shares outstanding: 1.82b
- Website: https://www.kepcorp.com
Number of Employees
- Keppel Corporation Limited
- No. 18-01 Keppel Bay Tower
- 1 HarbourFront Avenue
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KPEL.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Jun 1991|
|BN4||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Jan 1992|
|KEP1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|KPEL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
Keppel Corporation Limited, an investment holding company, engages in the offshore and marine, property, infrastructure, and investment businesses in Singapore, China, Hong Kong, Brazil, other Far East and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/28 12:35|
|End of Day Share Price||2020/09/28 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.