IX2 Stock Overview
Provides mechanical engineering and contracting services to the oil and gas, energy, petrochemical, pharmaceutical, and oil and chemical terminal industries in Singapore, China, the Middle east, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
No risks detected for IX2 from our risk checks.
My Notes
Capture your thoughts, links and company narrative
PEC Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | S$0.87 |
| 52 Week High | S$0.89 |
| 52 Week Low | S$0.50 |
| Beta | 0.35 |
| 1 Month Change | 4.19% |
| 3 Month Change | 37.01% |
| 1 Year Change | 68.93% |
| 3 Year Change | 64.15% |
| 5 Year Change | 41.46% |
| Change since IPO | 20.83% |
Recent News & Updates
Subdued Growth No Barrier To PEC Ltd. (SGX:IX2) With Shares Advancing 28%
Dec 02
PEC's (SGX:IX2) Strong Earnings Are Of Good Quality
Oct 17Recent updates
Subdued Growth No Barrier To PEC Ltd. (SGX:IX2) With Shares Advancing 28%
Dec 02PEC's (SGX:IX2) Strong Earnings Are Of Good Quality
Oct 17PEC (SGX:IX2) Is Paying Out Less In Dividends Than Last Year
Oct 19Returns At PEC (SGX:IX2) Are On The Way Up
May 17Is PEC (SGX:IX2) Using Too Much Debt?
Mar 07Will PEC's (SGX:IX2) Growth In ROCE Persist?
Feb 01
Did PEC Ltd. (SGX:IX2) Insiders Buy Up More Shares?
Dec 09Shareholder Returns
| IX2 | SG Construction | SG Market | |
|---|---|---|---|
| 7D | 1.2% | -0.003% | 1.3% |
| 1Y | 68.9% | 29.1% | 10.6% |
Return vs Industry: IX2 exceeded the SG Construction industry which returned 29.1% over the past year.
Return vs Market: IX2 exceeded the SG Market which returned 10.6% over the past year.
Price Volatility
| IX2 volatility | |
|---|---|
| IX2 Average Weekly Movement | 5.2% |
| Construction Industry Average Movement | 5.5% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in SG Market | 13.1% |
| 10% least volatile stocks in SG Market | 1.9% |
Stable Share Price: IX2 has not had significant price volatility in the past 3 months compared to the SG market.
Volatility Over Time: IX2's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | n/a | Robert Dompeling | www.peceng.com |
PEC Ltd., together with its subsidiaries, provides mechanical engineering and contracting services to the oil and gas, energy, petrochemical, pharmaceutical, and oil and chemical terminal industries in Singapore, China, the Middle east, and internationally. The company operates in three segments: Project Works; Plant Maintenance and Related Services; and Other Operations. It offers engineering services, including design, front-end engineering design, and detailed engineering; procurement services, such as material, equipment purchasing, and material management; construction services comprising fabrication and installation of piping, structures and pressure vessels, scaffolding, painting, insulation, and fire proofing services, as well as installation of mechanical equipment, and electrical instrumentation and control systems; and project management consultancy, and construction of plant/terminal.
PEC Ltd. Fundamentals Summary
| IX2 fundamental statistics | |
|---|---|
| Market cap | S$219.83m |
| Earnings (TTM) | S$16.00m |
| Revenue (TTM) | S$491.03m |
13.7x
P/E Ratio0.4x
P/S RatioIs IX2 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IX2 income statement (TTM) | |
|---|---|
| Revenue | S$491.03m |
| Cost of Revenue | S$376.04m |
| Gross Profit | S$114.99m |
| Other Expenses | S$99.00m |
| Earnings | S$16.00m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.063 |
| Gross Margin | 23.42% |
| Net Profit Margin | 3.26% |
| Debt/Equity Ratio | 1.4% |
How did IX2 perform over the long term?
See historical performance and comparisonDividends
2.3%
Current Dividend Yield32%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:26 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PEC Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zhi Yeo | CGS International |
| Jeremy Thia | DBS Vickers Research |
| Jiun Chia | OCBC Investment Research Pte Ltd. |