SGX:C06

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: C06 is more volatile than 75% of SG stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: C06's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of SG stocks.


Market Performance


7 Day Return

-6.7%

C06

4.3%

SG Construction

3.5%

SG Market


1 Year Return

-36.4%

C06

-16.5%

SG Construction

-15.8%

SG Market

Return vs Industry: C06 underperformed the SG Construction industry which returned -16.5% over the past year.

Return vs Market: C06 underperformed the SG Market which returned -15.8% over the past year.


Shareholder returns

C06IndustryMarket
7 Day-6.7%4.3%3.5%
30 Day-6.7%2.8%8.8%
90 Day-26.3%4.2%7.9%
1 Year-36.4%-36.4%-14.6%-16.5%-11.2%-15.8%
3 Year-51.7%-51.7%-39.5%-44.3%-13.0%-23.6%
5 Year-55.9%-58.8%-31.2%-41.1%9.2%-10.8%

Long-Term 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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: C06 (SGD0.01) is trading below our estimate of fair value (SGD0.15)

Significantly Below Fair Value: C06 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: C06 is unprofitable, so we can't compare its PE Ratio to the SG Construction industry average.

PE vs Market: C06 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 C06's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: C06 is good value based on its PB Ratio (0.3x) compared to the SG Construction industry average (0.5x).


Next Steps

Future Growth

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

13.5%

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 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?

15.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: C06 is currently unprofitable.

Growing Profit Margin: C06 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: C06 is unprofitable, but has reduced losses over the past 5 years at a rate of 15.7% per year.

Accelerating Growth: Unable to compare C06's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: C06 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-12.8%).


Return on Equity

High ROE: C06 has a negative Return on Equity (-7.24%), as it is currently unprofitable.


Next Steps

Financial Health

How is CSC Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: C06's short term assets (SGD158.0M) exceed its short term liabilities (SGD155.7M).

Long Term Liabilities: C06's short term assets (SGD158.0M) exceed its long term liabilities (SGD18.7M).


Debt to Equity History and Analysis

Debt Level: C06's debt to equity ratio (47.4%) is considered high.

Reducing Debt: C06's debt to equity ratio has increased from 38.5% to 47.4% 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: Whilst unprofitable C06 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: C06 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 33% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate C06's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate C06'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 C06's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if C06's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: C06 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of C06'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?

6.0yrs

Average management tenure


CEO

Yen Tarn See (63 yo)

14.25yrs

Tenure

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


Leadership Team

NamePositionTenureCompensationOwnership
Yen Tarn See
Group CEO & Executive Director14.25yrsno data0.61%
SGD 244.3k
Quang Loong Lee
CFO & Company Secretary10.75yrsno data0.039%
SGD 15.6k
Chung Koo
Group Chief Operating Officer4.42yrsno datano data
Boon Gwee
Director of Technical5.33yrsno datano data
Koh Lim
Head of Group Human Resource & Administration8.83yrsno datano data
Swee Goh
General Manager of Marketing/Tender6.58yrsno datano data
Bao Wan
Head of Plant & Workshop (Singapore Foundation Engineering Group)1.58yrsno datano data
Chee Loong Yen
Deputy Group Chief Financial Officer0.083yrno data0.0016%
SGD 631.9

6.0yrs

Average Tenure

Experienced Management: C06's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yen Tarn See
Group CEO & Executive Director14.25yrsno data0.61%
SGD 244.3k
Hup Foi Tan
Non-Executive Independent Director14.58yrsno datano data
Horn Kee Leong
Non-Executive Independent Chairman2.33yrsno datano data
Tiew Ong
Non-Executive Independent Director2.33yrsno data0.63%
SGD 252.0k
Beng Teo
Non-Executive Director17yrsno data0.43%
SGD 169.3k

14.6yrs

Average Tenure

68yo

Average Age

Experienced Board: C06's board of directors are seasoned and experienced ( 14.6 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 18.7%.


Top Shareholders

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$39.743m
  • Shares outstanding: 2.84b
  • Website: https://www.cschl.com.sg

Number of Employees


Location

  • CSC Holdings Limited
  • 120 Pioneer Road, #04-01
  • Singapore
  • 639597
  • 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 Analysis2020/11/23 12:57
End of Day Share Price2020/11/23 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.