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F13

Fu YuSGX:F13 Stock Report

Market Cap

S$218.4m

7D

0%

1Y

20.8%

Updated

16 Oct, 2021

Data

Company Financials +
F13 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends4/6

F13 Overview

Fu Yu Corporation Limited, an investment holding company, engages in the manufacture and sub-assembly of precision plastic parts and components primarily in Singapore, Malaysia, and China.

Price History & Performance

Summary of all time highs, changes and price drops for Fu Yu
Historical stock prices
Current Share PriceS$0.29
52 Week HighS$0.23
52 Week LowS$0.34
Beta0.86
1 Month Change0%
3 Month Change-4.92%
1 Year Change20.83%
3 Year Change67.63%
5 Year Change53.44%
Change since IPO-36.40%

Recent News & Updates

May 14
Fu Yu Corporation Limited's (SGX:F13) Intrinsic Value Is Potentially 89% Above Its Share Price

Fu Yu Corporation Limited's (SGX:F13) Intrinsic Value Is Potentially 89% Above Its Share Price

Does the May share price for Fu Yu Corporation Limited ( SGX:F13 ) reflect what it's really worth? Today, we will...

Shareholder Returns

F13SG MachinerySG Market
7D0%0.6%2.0%
1Y20.8%12.6%21.6%

Return vs Industry: F13 exceeded the SG Machinery industry which returned 12.6% over the past year.

Return vs Market: F13 matched the SG Market which returned 21.6% over the past year.

Price Volatility

Is F13's price volatile compared to industry and market?
F13 volatility
F13 Beta0.86
Industry Beta1.27
Market Beta1

Stable Share Price: F13 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: F13's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19781,884Elson Hewhttps://www.fuyucorp.com

Fu Yu Corporation Limited, an investment holding company, engages in the manufacture and sub-assembly of precision plastic parts and components primarily in Singapore, Malaysia, and China. The company is also involved in the fabrication of precision molds and dies; trading activities; and provision of management services. It serves companies in the printing and imaging, networking and communications, consumer, medical, and automotive sectors.

Fu Yu Fundamentals Summary

How do Fu Yu's earnings and revenue compare to its market cap?
F13 fundamental statistics
Market CapS$218.37m
Earnings (TTM)S$18.40m
Revenue (TTM)S$152.25m

11.9x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
F13 income statement (TTM)
RevenueS$152.25m
Cost of RevenueS$113.18m
Gross ProfitS$39.06m
ExpensesS$20.66m
EarningsS$18.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.024
Gross Margin25.66%
Net Profit Margin12.09%
Debt/Equity Ratio0%

How did F13 perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

68%

Payout Ratio

Valuation

Is Fu Yu 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: F13 (SGD0.29) is trading below our estimate of fair value (SGD0.72)

Significantly Below Fair Value: F13 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: F13 is good value based on its PE Ratio (11.9x) compared to the SG Machinery industry average (13x).

PE vs Market: F13 is good value based on its PE Ratio (11.9x) compared to the SG market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: F13 is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: F13 is overvalued based on its PB Ratio (1.3x) compared to the SG Machinery industry average (0.8x).


Future Growth

How is Fu Yu forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

8.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: F13's forecast earnings growth (8.8% per year) is above the savings rate (1.8%).

Earnings vs Market: F13's earnings (8.8% per year) are forecast to grow slower than the SG market (15.2% per year).

High Growth Earnings: F13's earnings are forecast to grow, but not significantly.

Revenue vs Market: F13's revenue (5.3% per year) is forecast to grow slower than the SG market (7.2% per year).

High Growth Revenue: F13's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: F13's Return on Equity is forecast to be low in 3 years time (13.4%).


Past Performance

How has Fu Yu performed over the past 5 years?

16.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: F13 has high quality earnings.

Growing Profit Margin: F13's current net profit margins (12.1%) are higher than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: F13's earnings have grown by 16.7% per year over the past 5 years.

Accelerating Growth: F13's earnings growth over the past year (22.5%) exceeds its 5-year average (16.7% per year).

Earnings vs Industry: F13 earnings growth over the past year (22.5%) underperformed the Machinery industry 39.4%.


Return on Equity

High ROE: F13's Return on Equity (10.7%) is considered low.


Financial Health

How is Fu Yu's financial position?


Financial Position Analysis

Short Term Liabilities: F13's short term assets (SGD154.5M) exceed its short term liabilities (SGD35.6M).

Long Term Liabilities: F13's short term assets (SGD154.5M) exceed its long term liabilities (SGD7.8M).


Debt to Equity History and Analysis

Debt Level: F13 is debt free.

Reducing Debt: F13 had no debt 5 years ago.

Debt Coverage: F13 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: F13 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Fu Yu current dividend yield, its reliability and sustainability?

5.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: F13's dividend (5.52%) is higher than the bottom 25% of dividend payers in the SG market (1.93%).

High Dividend: F13's dividend (5.52%) is in the top 25% of dividend payers in the SG market (5.25%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, F13 has been paying a dividend for less than 10 years.

Growing Dividend: F13's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (67.5%), F13's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: F13's dividends in 3 years are forecast to be covered by earnings (57.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average management tenure


CEO

Elson Hew (64 yo)

5.67yrs

Tenure

Mr. Hew Lien Lee, also known as Elson, has been the Chief Executive Officer of Fu Yu Corporation Limited since February 26, 2016. Mr. Hew has been the Managing Director of LCTH Corp. Bhd. since June 3, 200...


Leadership Team

Experienced Management: F13's management team is considered experienced (4.9 years average tenure).


Board Members

Experienced Board: F13's board of directors are not considered experienced ( 0.8 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

Fu Yu Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Fu Yu Corporation Limited
  • Ticker: F13
  • Exchange: SGX
  • Founded: 1978
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: S$218.368m
  • Shares outstanding: 752.99m
  • Website: https://www.fuyucorp.com

Number of Employees


Location

  • Fu Yu Corporation Limited
  • No 8 Tuas Drive 1
  • Singapore
  • 638675
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 11:02
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.