SGX:F13

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Share Price & News

How has Fu Yu's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.7%

SGX:F13

5.3%

SG Machinery

0.7%

SG Market


1 Year Return

28.6%

SGX:F13

-11.9%

SG Machinery

-0.2%

SG Market

F13 outperformed the Machinery industry which returned -11.9% over the past year.

F13 outperformed the Market in Singapore which returned -0.2% over the past year.


Share holder returns

F13IndustryMarket
7 Day4.7%5.3%0.7%
30 Day2.3%6.2%1.4%
90 Day9.8%-17.2%-3.3%
1 Year39.6%28.6%-10.0%-11.9%3.9%-0.2%
3 Year45.6%15.4%16.8%9.5%16.9%4.4%
5 Year233.4%134.4%-39.0%-45.6%9.5%-8.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

13.69x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Fu Yu's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Fu Yu's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Fu Yu is overvalued based on earnings compared to the SG Machinery industry average.

Fu Yu is overvalued based on earnings compared to the Singapore market.


Price Based on Expected Growth

Fu Yu is poor value based on expected growth next year.


Price Based on Value of Assets

Fu Yu is overvalued based on assets compared to the SG Machinery industry average.


Next Steps

Future Growth

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

2.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Fu Yu's revenue is expected to grow by 4% yearly, however this is not considered high growth (20% yearly).

Fu Yu's earnings are expected to grow by 2.9% yearly, however this is not considered high growth (20% yearly).

Fu Yu's revenue growth is positive but not above the Singapore market average.

Fu Yu's earnings growth is positive but not above the Singapore market average.

Fu Yu's earnings growth is expected to exceed the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Fu Yu is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Fu Yu performed over the past 5 years?

-1.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Fu Yu's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Fu Yu's 1-year earnings growth exceeds its 5-year average (59.1% vs -1.4%)

Fu Yu's earnings growth has exceeded the SG Machinery industry average in the past year (59.1% vs 14.2%).


Return on Equity

Fu Yu has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Fu Yu used its assets more efficiently than the SG Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Fu Yu has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Fu Yu's financial position?


Financial Position Analysis

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

Fu Yu's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Fu Yu has no debt.

Fu Yu has no debt compared to 5 years ago when it was 1.1%.

Fu Yu has no debt, it does not need to be covered by operating cash flow.

Fu Yu has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Fu Yu has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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

7.33%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Fu Yu's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.5%).

Fu Yu's dividend is above the markets top 25% of dividend payers in Singapore (5.6%).

Whilst dividend payments have been stable, Fu Yu has been paying a dividend for less than 10 years.

Dividend payments have increased, but Fu Yu only paid a dividend in the past 4 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1x coverage).


Future Payout to Shareholders

Dividends after 3 years are not well covered by earnings (1.1x coverage).


Next Steps

Management

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

7.3yrs

Average management tenure


CEO

Lien Lee Hew (62yo)

3.6yrs

Tenure

0

Mr. Hew Lien Lee, 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, 2004. Mr. Hew has been  ...


Management Age and Tenure

7.3yrs

Average Tenure

65yo

Average Age

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


Board Age and Tenure

18.4yrs

Average Tenure

65yo

Average Age

The average tenure for the Fu Yu 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.


Ownership Breakdown


Management Team

  • Heng Yang Ching (68yo)

    Co-Founder & Vice Chairman

    • Tenure: 0yrs
  • Lay Tan (65yo)

    Group Human Resource Director

    • Tenure: 10.9yrs
  • Nee Kit Ho (65yo)

    Co-Founder & Executive Director

    • Tenure: 38.8yrs
  • Lien Lee Hew (62yo)

    CEO, COO & Executive Director

    • Tenure: 3.6yrs
  • Wai Tam (68yo)

    Co-Founder & Executive Director

    • Tenure: 38.8yrs
  • Siew Hee (48yo)

    Chief Financial Officer

    • Tenure: 3.3yrs
  • Kong Fung

    Company Secretary

    • Tenure: 2.8yrs
  • Hui Cheok

    Company Secretary

    • Tenure: 1.1yrs

Board Members

  • John Chen (65yo)

    Independent Non Executive Chairman

    • Tenure: 11.8yrs
  • Heng Yang Ching (68yo)

    Co-Founder & Vice Chairman

    • Tenure: 0yrs
  • Nee Kit Ho (65yo)

    Co-Founder & Executive Director

    • Tenure: 38.8yrs
  • Lien Lee Hew (62yo)

    CEO, COO & Executive Director

    • Tenure: 3.6yrs
  • Yew Tan (62yo)

    Independent Non Executive Director

    • Tenure: 24.3yrs
  • Wai Tam (68yo)

    Co-Founder & Executive Director

    • Tenure: 38.8yrs
  • Say Tun Foo (53yo)

    Independent Non Executive Director

    • Tenure: 11.8yrs

Company Information

Fu Yu Corporation Limited's company bio, 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$169.424m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
F13SGX (Singapore Exchange)YesOrdinary SharesSGSGDAug 1995

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 12:37
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.