SGX:K75

Stock Analysis Report

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Executive Summary

Koh Brothers Group Limited, an investment holding company, engages in the construction and building materials, leisure and hospitality, and real estate businesses in Singapore, Malaysia, Indonesia, and internationally. More Details


Snowflake Analysis

Fair value with imperfect balance sheet.

Share Price & News

How has Koh Brothers Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: K75 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: K75's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

2.0%

K75

1.7%

SG Construction

2.9%

SG Market


1 Year Return

-24.4%

K75

-15.7%

SG Construction

-13.8%

SG Market

Return vs Industry: K75 underperformed the SG Construction industry which returned -15.7% over the past year.

Return vs Market: K75 underperformed the SG Market which returned -13.8% over the past year.


Shareholder returns

K75IndustryMarket
7 Day2.0%1.7%2.9%
30 Day-7.7%3.1%11.6%
90 Day0%3.4%10.6%
1 Year-23.2%-24.4%-13.8%-15.7%-9.2%-13.8%
3 Year-51.3%-54.4%-38.5%-43.4%-11.2%-22.1%
5 Year-41.5%-48.3%-31.4%-40.9%10.7%-9.5%

Long-Term Price Volatility Vs. Market

How volatile is Koh Brothers Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Koh Brothers Group 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: K75 (SGD0.16) is trading below our estimate of fair value (SGD3.44)

Significantly Below Fair Value: K75 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: K75 is unprofitable, so we can't compare its PE Ratio to the SG Construction industry average.

PE vs Market: K75 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 K75's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: K75 is good value based on its PB Ratio (0.2x) compared to the SG Construction industry average (0.5x).


Next Steps

Future Growth

How is Koh Brothers Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

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 Koh Brothers Group 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 Koh Brothers Group performed over the past 5 years?

-39.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: K75 is currently unprofitable.

Growing Profit Margin: K75 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: K75 is unprofitable, and losses have increased over the past 5 years at a rate of 39.1% per year.

Accelerating Growth: Unable to compare K75's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: K75 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-12.8%).


Return on Equity

High ROE: K75 has a negative Return on Equity (-5.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Koh Brothers Group's financial position?


Financial Position Analysis

Short Term Liabilities: K75's short term assets (SGD451.1M) exceed its short term liabilities (SGD203.4M).

Long Term Liabilities: K75's short term assets (SGD451.1M) exceed its long term liabilities (SGD292.5M).


Debt to Equity History and Analysis

Debt Level: K75's debt to equity ratio (118.5%) is considered high.

Reducing Debt: K75's debt to equity ratio has increased from 98.7% to 118.5% over the past 5 years.

Debt Coverage: K75's debt is not well covered by operating cash flow (11.7%).

Interest Coverage: Insufficient data to determine if K75's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Koh Brothers Group current dividend yield, its reliability and sustainability?

1.61%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: K75's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.4%).

High Dividend: K75's dividend (1.61%) is low compared to the top 25% of dividend payers in the SG market (5.14%).


Stability and Growth of Payments

Stable Dividend: K75's dividend payments have been volatile in the past 10 years.

Growing Dividend: K75's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: K75 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

12.8yrs

Average management tenure


CEO

Francis Koh (58 yo)

13.83yrs

Tenure

Mr. Keng Siang Koh, also known as Francis has been the Group Chief Executive Officer and Managing Director at Koh Brothers Group Limited since January 12, 2007. Mr. Koh is responsible for formulation and i...


Leadership Team

NamePositionTenureCompensationOwnership
Tiat Meng Koh
Founder & Executive Chairman26.83yrsno data2.16%
SGD 1.4m
Keng Siang Koh
Group CEO13.83yrsno data21.83%
SGD 13.9m
Teak Huat Koh
Executive Deputy Chairman no datano data7.89%
SGD 5.0m
Tze Wen Tay
Financial Controller4.5yrsno datano data
Keng Hiong Koh
Deputy CEO of Real Estate13.75yrsno data13.4%
SGD 8.5m
Soon Pow Tan
Chief Executive Officer of Building Materials Division14.83yrsno datano data
Keng Koh
Head of Machinery Equipment & Logistics Department of Construction Division and Executive Director12.83yrsno datano data
Sok Khian Lee
Executive Director4.5yrsno datano data
Thing Chua
Chief Operating Officer of Construction Division3.83yrsno datano data
Siew Kiang Koh
Chief Executive Officer of Ready-Mix/G&W Industriesno datano datano data
Yong Seub Shin
Chief Executive Officer of Koh Brothers Eco Engineering Limited5.83yrsno datano data
Chew Hwee Ng
Company Secretary0.42yrno datano data

12.8yrs

Average Tenure

61yo

Average Age

Experienced Management: K75's management team is seasoned and experienced (12.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tiat Meng Koh
Founder & Executive Chairman26.83yrsno data2.16%
SGD 1.4m
Keng Siang Koh
Group CEO13.83yrsno data21.83%
SGD 13.9m
Teak Huat Koh
Executive Deputy Chairman no datano data7.89%
SGD 5.0m
Keng Hiong Koh
Deputy CEO of Real Estate13.75yrsno data13.4%
SGD 8.5m
Sok Khian Lee
Executive Director4.5yrsno datano data
Hiang Meng Gn
Independent Director13.25yrsno data0.048%
SGD 30.8k
Chee Nee Quek
Non-Executive & Non-Independent Director26.75yrsno data6.28%
SGD 4.0m
Mun Onn Lai
Independent Director26.33yrsno data0.024%
SGD 15.4k
Bee Wah Lee
Lead Independent Director4.42yrsno data0.15%
SGD 93.2k
Thian Soo Ow Yong
Independent Director4.42yrsno datano data
Yee Khim Low
Independent Director1.83yrsno datano data

13.5yrs

Average Tenure

69yo

Average Age

Experienced Board: K75's board of directors are seasoned and experienced ( 13.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: K75 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

Koh Brothers Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Koh Brothers Group Limited
  • Ticker: K75
  • Exchange: SGX
  • Founded: 1966
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: S$63.519m
  • Shares outstanding: 412.46m
  • Website: https://www.kohbrothers.com

Location

  • Koh Brothers Group Limited
  • Koh Brothers Building
  • 11 Lorong Pendek
  • Singapore
  • 348639
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
K75SGX (Singapore Exchange)YesOrdinary SharesSGSGDDec 1994

Biography

Koh Brothers Group Limited, an investment holding company, engages in the construction and building materials, leisure and hospitality, and real estate businesses in Singapore, Malaysia, Indonesia, and int...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 11:13
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.