HG Metal Manufacturing Limited, an investment holding company, primarily engages in the trading of steel products. More Details
Mediocre balance sheet with questionable track record.
Share Price & News
How has HG Metal Manufacturing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BTG is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BTG's weekly volatility (3%) has been stable over the past year.
7 Day Return
SG Trade Distributors
1 Year Return
SG Trade Distributors
Return vs Industry: BTG underperformed the SG Trade Distributors industry which returned -9.5% over the past year.
Return vs Market: BTG matched the SG Market which returned -13.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is HG Metal Manufacturing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StHG Metal Manufacturing Limited (SGX:BTG) Might Not Be A Great Investment
6 months ago | Simply Wall StWhat Percentage Of HG Metal Manufacturing Limited (SGX:BTG) Shares Do Insiders Own?
8 months ago | Simply Wall StThe HG Metal Manufacturing (SGX:BTG) Share Price Is Down 67% So Some Shareholders Are Wishing They Sold
Is HG Metal Manufacturing undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BTG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BTG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BTG is poor value based on its PE Ratio (42.4x) compared to the SG Trade Distributors industry average (12.4x).
PE vs Market: BTG is poor value based on its PE Ratio (42.4x) compared to the SG market (14.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BTG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BTG is good value based on its PB Ratio (0.2x) compared to the SG Trade Distributors industry average (0.6x).
How is HG Metal Manufacturing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 HG Metal Manufacturing 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.
- Take a look at our analysis of BTG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- HG Metal Manufacturing competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has HG Metal Manufacturing performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BTG has a large one-off gain of SGD684.0K impacting its June 30 2020 financial results.
Growing Profit Margin: BTG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BTG has become profitable over the past 5 years, growing earnings by 13.5% per year.
Accelerating Growth: BTG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BTG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (9.5%).
Return on Equity
High ROE: BTG's Return on Equity (1%) is considered low.
How is HG Metal Manufacturing's financial position?
Financial Position Analysis
Short Term Liabilities: BTG's short term assets (SGD107.6M) exceed its short term liabilities (SGD36.9M).
Long Term Liabilities: BTG's short term assets (SGD107.6M) exceed its long term liabilities (SGD21.9M).
Debt to Equity History and Analysis
Debt Level: BTG's debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: BTG's debt to equity ratio has increased from 6.6% to 38.1% over the past 5 years.
Debt Coverage: BTG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BTG's interest payments on its debt are well covered by EBIT.
What is HG Metal Manufacturing current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BTG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BTG'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 BTG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BTG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BTG is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BTG's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Shin Taeyang has been Chief Executive Officer of HG Metal Manufacturing Ltd since January 1, 2019. Mr. Taeyang is associated with HG Metal Manufacturing Limited since August 15, 2016. Mr. Taeyang had b...
|Chief Executive Officer||1.83yrs||no data||no data|
|Financial Controller||5.83yrs||no data||no data|
|General Manager of Sales||4.5yrs||no data||no data|
|Executive Director||6.58yrs||no data||no data|
|Secretary||7.08yrs||no data||no data|
|Secretary||5.17yrs||no data||no data|
|Credit Controller||no data||no data||no data|
Experienced Management: BTG's management team is seasoned and experienced (5.2 years average tenure).
|Executive Director||6.58yrs||no data||no data|
|Independent Non-Executive Chairman||2.83yrs||no data||no data|
|Independent Non-Executive Director||6.58yrs||no data||0.0078% |
|Independent Non-Executive Director||6.58yrs||no data||no data|
Experienced Board: BTG's board of directors are considered experienced (6.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HG Metal Manufacturing Limited's company bio, employee growth, exchange listings and data sources
- Name: HG Metal Manufacturing Limited
- Ticker: BTG
- Exchange: SGX
- Founded: 1971
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: S$22.935m
- Shares outstanding: 127.42m
- Website: https://www.hgmetal.com
- HG Metal Manufacturing Limited
- 28 Jalan Buroh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BTG||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Mar 2002|
HG Metal Manufacturing Limited, an investment holding company, primarily engages in the trading of steel products. It operates through three segments: Trading, Manufacturing, and Others. The company offers...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 11:07|
|End of Day Share Price||2020/11/26 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.