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Grand Banks Yachts

SGX:G50
Snowflake Description

Adequate balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
G50
SGX
SGD54M
Market Cap
  1. Home
  2. SG
  3. Capital Goods
Company description

Grand Banks Yachts Limited, an investment holding company, manufactures and sells luxury recreational motor yachts in the United States, Australia, and Asia. The last earnings update was 8 days ago. More info.


Add to Portfolio Compare Print
G50 Share Price and Events
7 Day Returns
15.7%
SGX:G50
-2.8%
SG Machinery
-0.8%
SG Market
1 Year Returns
-4.8%
SGX:G50
-4.6%
SG Machinery
-8.2%
SG Market
G50 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Grand Banks Yachts (G50) 15.7% 0% -1.7% -4.8% 11.3% 13.5%
SG Machinery -2.8% -10.5% -5.6% -4.6% 12.2% -37.3%
SG Market -0.8% -4.5% -2.8% -8.2% 9.4% -7.7%
1 Year Return vs Industry and Market
  • G50 outperformed the Market in Singapore which returned -8.2% over the past year.
Price Volatility
G50
Industry
5yr Volatility vs Market

Value

 Is Grand Banks Yachts undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Grand Banks Yachts. This is due to cash flow or dividend data being unavailable. The share price is SGD0.295.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Grand Banks Yachts's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Grand Banks Yachts's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SGX:G50 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in SGD SGD0.05
SGX:G50 Share Price ** SGX (2019-05-22) in SGD SGD0.3
Singapore Machinery Industry PE Ratio Median Figure of 13 Publicly-Listed Machinery Companies 8.06x
Singapore Market PE Ratio Median Figure of 322 Publicly-Listed Companies 12.37x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Grand Banks Yachts.

SGX:G50 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:G50 Share Price ÷ EPS (both in SGD)

= 0.3 ÷ 0.05

6.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grand Banks Yachts is good value based on earnings compared to the SG Machinery industry average.
  • Grand Banks Yachts is good value based on earnings compared to the Singapore market.
Price based on expected Growth
Does Grand Banks Yachts's expected growth come at a high price?
Raw Data
SGX:G50 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-2.2%per year
Singapore Machinery Industry PEG Ratio Median Figure of 5 Publicly-Listed Machinery Companies 0.3x
Singapore Market PEG Ratio Median Figure of 120 Publicly-Listed Companies 1.55x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Grand Banks Yachts, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Grand Banks Yachts's assets?
Raw Data
SGX:G50 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in SGD SGD0.30
SGX:G50 Share Price * SGX (2019-05-22) in SGD SGD0.3
Singapore Machinery Industry PB Ratio Median Figure of 20 Publicly-Listed Machinery Companies 0.8x
Singapore Market PB Ratio Median Figure of 432 Publicly-Listed Companies 0.72x
SGX:G50 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:G50 Share Price ÷ Book Value per Share (both in SGD)

= 0.3 ÷ 0.30

0.97x

* Primary Listing of Grand Banks Yachts.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grand Banks Yachts is overvalued based on assets compared to the SG Machinery industry average.
X
Value checks
We assess Grand Banks Yachts's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Grand Banks Yachts has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Grand Banks Yachts expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Grand Banks Yachts, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-2.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Grand Banks Yachts expected to grow at an attractive rate?
  • Grand Banks Yachts's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Grand Banks Yachts's earnings are expected to decrease over the next 1-3 years, this is below the Singapore market average.
  • Unable to compare Grand Banks Yachts's revenue growth to the Singapore market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SGX:G50 Future Growth Rates Data Sources
Data Point Source Value (per year)
SGX:G50 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -2.2%
Singapore Machinery Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
Singapore Machinery Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Singapore Market Earnings Growth Rate Market Cap Weighted Average 5.7%
Singapore Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SGX:G50 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SGX:G50 Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2019-03-31 69 7
2018-12-31 78 2 8
2018-09-30 81 -3 9
2018-06-30 83 1 9
2018-03-31 88 8 5
2017-12-31 77 3 2
2017-09-30 70 0 2
2017-06-30 59 5 1
2017-03-31 55 3 0
2016-12-31 59 2 1
2016-09-30 58 9 1
2016-06-30 59 6 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Grand Banks Yachts's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Grand Banks Yachts is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SGX:G50 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Grand Banks Yachts Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:G50 Past Financials Data
Date (Data in SGD Millions) EPS *
2019-03-31
2018-12-31 0.05
2018-09-30 0.05
2018-06-30 0.05
2018-03-31 0.03
2017-12-31 0.01
2017-09-30 0.01
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.01
2016-09-30 0.01
2016-06-30 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Grand Banks Yachts will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Grand Banks Yachts's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Singapore market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Singapore market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Grand Banks Yachts has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Grand Banks Yachts performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Grand Banks Yachts's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Grand Banks Yachts has delivered over 20% year on year earnings growth in the past 5 years.
  • Grand Banks Yachts's 1-year earnings growth is less than its 5-year average (27.9% vs 67.8%)
  • Grand Banks Yachts's earnings growth has exceeded the SG Machinery industry average in the past year (27.9% vs 19.8%).
Earnings and Revenue History
Grand Banks Yachts's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Grand Banks Yachts Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:G50 Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 69.49 6.65 15.71
2018-12-31 78.33 8.43 14.79
2018-09-30 80.91 9.33 15.39
2018-06-30 83.49 9.46 14.62
2018-03-31 87.81 5.20 12.58
2017-12-31 77.17 2.17 11.99
2017-09-30 69.86 1.60 9.93
2017-06-30 58.70 0.52 9.31
2017-03-31 54.78 -0.48 9.11
2016-12-31 58.84 1.00 8.88
2016-09-30 57.65 0.95 8.79
2016-06-30 58.67 1.97 8.41
2016-03-31 56.36 -0.48 8.56
2015-12-31 45.43 -2.00 8.15
2015-09-30 46.72 -2.31 7.72
2015-06-30 39.19 -4.80 7.60
2015-03-31 38.73 -1.56 6.59
2014-12-31 40.54 0.13 6.22
2014-09-30 37.35 0.34 6.14
2014-06-30 40.35 1.03 6.53
2014-03-31 38.94 -2.04 7.72
2013-12-31 41.07 -3.30 8.28
2013-09-30 38.27 -4.35 8.56
2013-06-30 35.25 -5.22 8.32
2013-03-31 34.92 -8.50 7.89
2012-12-31 32.50 -9.37 8.07
2012-09-30 34.76 -10.71 8.10
2012-06-30 32.76 -11.22 8.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Grand Banks Yachts has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Grand Banks Yachts used its assets more efficiently than the SG Machinery industry average last year based on Return on Assets.
  • Grand Banks Yachts has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Grand Banks Yachts's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Grand Banks Yachts has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Grand Banks Yachts's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Grand Banks Yachts's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Grand Banks Yachts is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Grand Banks Yachts's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Grand Banks Yachts's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Grand Banks Yachts Company Filings, last reported 1 month ago.

SGX:G50 Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31
2018-12-31 55.76 16.57 13.28
2018-09-30 56.87 6.44 1.65
2018-06-30 56.03 5.56 8.44
2018-03-31 49.43 2.58 11.32
2017-12-31 47.02 2.61 10.00
2017-09-30 45.95 2.65 12.00
2017-06-30 45.22 2.74 15.87
2017-03-31 44.34 2.79 10.57
2016-12-31 45.97 2.95 14.56
2016-09-30 45.61 3.12 19.20
2016-06-30 45.48 3.60 16.65
2016-03-31 46.22 0.02 15.00
2015-12-31 44.84 0.02 20.40
2015-09-30 43.98 0.02 23.47
2015-06-30 44.80 0.03 22.01
2015-03-31 48.77 0.03 20.93
2014-12-31 50.48 0.03 20.35
2014-09-30 51.69 0.03 17.55
2014-06-30 50.97 0.00 26.93
2014-03-31 49.86 0.00 23.57
2013-12-31 49.43 0.00 26.04
2013-09-30 37.17 0.00 14.38
2013-06-30 38.26 0.00 14.35
2013-03-31 40.43 0.00 20.38
2012-12-31 41.13 0.00 23.75
2012-09-30 41.87 0.00 26.56
2012-06-30 38.08 0.00 23.64
  • Grand Banks Yachts's level of debt (29.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 29.7% today).
  • Debt is not well covered by operating cash flow (11.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 127.2x coverage).
X
Financial health checks
We assess Grand Banks Yachts's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Grand Banks Yachts has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Grand Banks Yachts's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.69%
Current annual income from Grand Banks Yachts dividends.
If you bought SGD2,000 of Grand Banks Yachts shares you are expected to receive SGD34 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Grand Banks Yachts's pays a lower dividend yield than the bottom 25% of dividend payers in Singapore (2.57%).
  • Grand Banks Yachts's dividend is below the markets top 25% of dividend payers in Singapore (5.75%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SGX:G50 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Singapore Machinery Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 3.6%
Singapore Market Average Dividend Yield Market Cap Weighted Average of 276 Stocks 4%
Singapore Minimum Threshold Dividend Yield 10th Percentile 1.6%
Singapore Bottom 25% Dividend Yield 25th Percentile 2.6%
Singapore Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SGX:G50 Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2018-10-10 0.005 1.761
2018-08-29 0.005 1.644
2010-05-24 0.000 0.000
2010-02-09 0.000 0.000
2009-11-13 0.000 0.000
2009-09-22 0.000 0.000
2009-09-01 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Grand Banks Yachts has stable dividend payments.
  • Grand Banks Yachts only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Grand Banks Yachts's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (9.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Grand Banks Yachts's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Grand Banks Yachts afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Grand Banks Yachts has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Grand Banks Yachts's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Richards
COMPENSATION SGD862,400
AGE 52
TENURE AS CEO 4.8 years
CEO Bio

Mr. Mark Jonathon Richards has been the Chief Executive Officer and Executive Director of Grand Banks Yachts Limited since August 1, 2014. Mr. Richards served as Managing Director of Palm Beach Motor Yacht Co Pty Ltd. A qualified shipwright and passionate yacht designer, he founded Palm Beach Motor Yachts in 1995. Under his leadership, Palm Beach has developed a reputation for producing some of the highest quality and most fuel-efficient luxury motor yachts in the world. Palm Beach's award-winning yachts are designed, built and marketed from its facility in Australia's Berkeley Vale, just 100 km north of Sydney. Mr. Richards is also a successful yachtsman. He is a two-time world champion and has won the prestigious Sydney-Hobart yacht race for a record eight times. He has represented Australia in dozens of international regattas, including two America's Cups and the 2003 Admiral's Cup in the U.K., where he led Australia to victory.

CEO Compensation
  • Mark's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mark's remuneration is higher than average for companies of similar size in Singapore.
Management Team

Mark Richards

TITLE
CEO & Executive Director
COMPENSATION
SGD862K
AGE
52
TENURE
4.8 yrs

Heng Huat Chiam

TITLE
Chief Financial Officer
TENURE
3.6 yrs

Hank Compton

TITLE
Managing Director

Ching Ler

TITLE
Company Secretary
AGE
55

Allan Bird

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Grand Banks Yachts board of directors in years:

5.5
Average Tenure
59.5
Average Age
  • The tenure for the Grand Banks Yachts board of directors is about average.
Board of Directors

Heine Askaer-Jensen

TITLE
Chairman of the Board
COMPENSATION
SGD64K

Mark Richards

TITLE
CEO & Executive Director
COMPENSATION
SGD862K
AGE
52
TENURE
4.8 yrs

Basil Chan

TITLE
Non-Executive Independent Director
COMPENSATION
SGD61K
AGE
67
TENURE
7.5 yrs

Gerard Lim

TITLE
Non-Executive Non-Independent Director
COMPENSATION
SGD46K
AGE
49
TENURE
6.3 yrs

Gary Weisman

TITLE
Non-Executive Independent Director
COMPENSATION
SGD40K
AGE
67
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SGD) Value (SGD)
26. Feb 19 Buy Willimbury Pty Ltd Company 25. Feb 19 25. Feb 19 72,800 SGD0.30 SGD21,811
04. Oct 18 Buy Kok Thay Lim Individual 02. Oct 18 02. Oct 18 3,056,497 SGD0.29 SGD886,382
X
Management checks
We assess Grand Banks Yachts's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Grand Banks Yachts has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Did Grand Banks Yachts Limited's (SGX:G50) Recent Earnings Growth Beat The Trend?

After reading Grand Banks Yachts Limited's (SGX:G50) most recent earnings announcement (31 March 2019), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … Check out our latest analysis for Grand Banks Yachts Were G50's earnings stronger than its past performances and the industry? … Companies that have performed well in the past, such as Grand Banks Yachts gives investors conviction.

Simply Wall St -

Is Grand Banks Yachts Limited (SGX:G50) A High Quality Stock To Own?

Our data shows Grand Banks Yachts has a return on equity of 15% for the last year. … That means that for every SGD1 worth of shareholders' equity, it generated SGD0.15 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Are Insiders Buying Grand Banks Yachts Limited (SGX:G50) Stock?

So we'll take a look at whether insiders have been buying or selling shares in Grand Banks Yachts Limited (SGX:G50). … The Last 12 Months Of Insider Transactions At Grand Banks Yachts. … In this case we're pleased to report that the insider bought shares at close to current prices

Simply Wall St -

Is Now The Time To Put Grand Banks Yachts (SGX:G50) On Your Watchlist?

In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Grand Banks Yachts (SGX:G50). … One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. … This approach makes Grand Banks Yachts look pretty good, on balance; although revenue is flattish, EBIT margins improved from 3.6% to 7.3% in the last year.

Simply Wall St -

Should Grand Banks Yachts (SGX:G50) Be Disappointed With Their 29% Profit?

For example, the Grand Banks Yachts Limited (SGX:G50) share price is up 29% in the last 5 years, clearly besting than the market return of around -4.0% (ignoring dividends). … Check out our latest analysis for Grand Banks Yachts. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

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Is Grand Banks Yachts Limited's (SGX:G50) P/E Ratio Really That Good?

We'll show how you can use Grand Banks Yachts Limited's (SGX:G50) P/E ratio to inform your assessment of the investment opportunity. … Grand Banks Yachts has a price to earnings ratio of 6.66, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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Do You Know About Grand Banks Yachts Limited’s (SGX:G50) ROCE?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Finally, we'll look at how its current liabilities affect its ROCE. … Understanding Return On Capital Employed (ROCE).

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What Type Of Shareholder Owns Grand Banks Yachts Limited's (SGX:G50)?

A look at the shareholders of Grand Banks Yachts Limited (SGX:G50) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … With a market capitalization of S$55m, Grand Banks Yachts is a small cap stock, so it might not be well known by many institutional investors.

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Should We Be Delighted With Grand Banks Yachts Limited's (SGX:G50) ROE Of 16%?

Our data shows Grand Banks Yachts has a return on equity of 16% for the last year. … One way to conceptualize this, is that for each SGD1 of shareholders' equity it has, the company made SGD0.16 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Grand Banks Yachts Limited (SGX:G50): Time For A Financial Health Check

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes. … Here are few basic financial health checks you should consider before taking the plunge.

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Company Info

Description

Grand Banks Yachts Limited, an investment holding company, manufactures and sells luxury recreational motor yachts in the United States, Australia, and Asia. The company offers its yachts primarily under the Grand Banks and Palm Beach brand names. It also engages in the sales of new and previously-owned yachts, as well as brokerage activities. Grand Banks Yachts Limited was founded in 1956 and is headquartered in Singapore.

Details
Name: Grand Banks Yachts Limited
G50
Exchange: SGX
Founded: 1956
SGD54,349,221
184,234,649
Website: http://www.grandbanks.com
Address: Grand Banks Yachts Limited
274 Upper Bukit Timah Road,
No. 03-16,
Singapore,
588213,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX G50 Ordinary Shares Singapore Exchange SG SGD 02. Jan 1992
Number of employees
Current staff
Staff numbers
620
Grand Banks Yachts employees.
Industry
Construction Machinery and Heavy Trucks
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 12:40
End of day share price update: 2019/05/22 00:00
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.