SGX:C06

Stock Analysis Report

Executive Summary

CSC Holdings Limited, an investment holding company, provides foundation and geotechnical, and ground engineering solutions in Singapore, Malaysia, Thailand, Vietnam, and internationally.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • CSC Holdings is not covered by any analysts.

Share Price & News

How has CSC Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-12.5%

SGX:C06

-1.4%

SG Construction

-0.8%

SG Market


1 Year Return

-16.0%

SGX:C06

-20.8%

SG Construction

-2.7%

SG Market

C06 outperformed the Construction industry which returned -21.2% over the past year.

C06 underperformed the Market in Singapore which returned -3.3% over the past year.


Share holder returns

C06IndustryMarket
7 Day-12.5%-1.4%-0.8%
30 Day-8.7%-4.4%-6.4%
90 Day23.5%-6.9%-1.3%
1 Year-16.0%-16.0%-18.6%-20.8%1.1%-2.7%
3 Year-8.7%-8.7%-7.8%-16.0%15.9%3.6%
5 Year-67.4%-69.6%-45.9%-53.8%7.9%-9.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is CSC Holdings undervalued based on future cash flows and its price relative to the stock market?

0.42x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for CSC Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for CSC Holdings to establish if it is available at substantial discount.


Price Based on Earnings

CSC Holdings is loss making, we can't compare its value to the SG Construction industry average.

CSC Holdings is loss making, we can't compare the value of its earnings to the Singapore market.


Price Based on Expected Growth

Unable to calculate PEG ratio for CSC Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

CSC Holdings is good value based on assets compared to the SG Construction industry average.


Next Steps

Future Growth

How is CSC Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.7%

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 CSC Holdings 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 CSC Holdings performed over the past 5 years?

-17.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

CSC Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare CSC Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare CSC Holdings's 1-year growth to the SG Construction industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if CSC Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if CSC Holdings has efficiently used its assets last year compared to the SG Construction industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if CSC Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is CSC Holdings's financial position?


Financial Position Analysis

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

CSC Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

CSC Holdings's level of debt (67.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (46% vs 67.3% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.1x debt.


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.

CSC Holdings has sufficient cash runway for more than 3 years based on current free cash flow.

CSC Holdings has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 92.3% each year.


Next Steps

Dividend

What is CSC Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate CSC Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate CSC Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as CSC Holdings has not reported any payouts.

Unable to verify if CSC Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as CSC Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Yen Tarn See (62yo)

13.0yrs

Tenure

0

Mr. Yen Tarn See has been Group Chief Executive Officer of CSC Holdings Limited since August 1, 2006 and its Executive Director Director since November 11, 2005 and served as its President since August 1,  ...


CEO Compensation Analysis

Yen Tarn's remuneration is lower than average for companies of similar size in Singapore.

Insufficient data for Yen Tarn to compare compensation growth.


Management Age and Tenure

5.3yrs

Average Tenure

The average tenure for the CSC Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

13.3yrs

Average Tenure

67yo

Average Age

The average tenure for the CSC Holdings 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.


Recent Insider Transactions

BuyS$5,17022 Nov 18
Beng Teo
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares260,000
Max PriceS$0.02
BuyS$12,50011 Sep 18
Yen Tarn See
EntityIndividual
Role
Chief Executive Officer
Group CEO & Executive Director
Shares500,000
Max PriceS$0.025

Ownership Breakdown


Management Team

  • Chung Koo

    Group Chief Operating Officer

    • Tenure: 3.2yrs
  • Yen Tarn See (62yo)

    Group CEO & Executive Director

    • Tenure: 13.0yrs
  • Quang Lee (42yo)

    CFO & Company Secretary

    • Tenure: 9.5yrs
  • Koh Seng Lim

    Head of Group Human Resource & Administration

    • Tenure: 7.6yrs
  • Boon Gwee

    Director of Technical

    • Tenure: 4.1yrs
  • Swee Goh

    General Manager of Marketing/Tender

    • Tenure: 5.3yrs
  • Max Wan

    Head, Plant & Workshop (Singapore Foundation Engineering Group)

    • Tenure: 0.3yrs

Board Members

  • Hup Tan (69yo)

    Independent Director

    • Tenure: 13.3yrs
  • Horn Kee Leong (67yo)

    Non-Executive Independent Chairman

    • Tenure: 1.1yrs
  • Tiew Ong (66yo)

    Non-Executive Independent Director

    • Tenure: 1.1yrs
  • Yen Tarn See (62yo)

    Group CEO & Executive Director

    • Tenure: 13.0yrs
  • Beng Teo (72yo)

    Non Executive Director

    • Tenure: 15.8yrs

Company Information

CSC Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CSC Holdings Limited
  • Ticker: C06
  • Exchange: SGX
  • Founded: 1975
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: S$48.938m
  • Shares outstanding: 2.33b
  • Website: https://www.cschl.com.sg

Number of Employees


Location

  • CSC Holdings Limited
  • No. 2, Tanjong Penjuru Crescent
  • Singapore
  • 608968
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
C06SGX (Singapore Exchange)YesOrdinary SharesSGSGDApr 1998

Biography

CSC Holdings Limited, an investment holding company, provides foundation and geotechnical, and ground engineering solutions in Singapore, Malaysia, Thailand, Vietnam, and internationally. It operates throu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 12:36
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.