Lum Chang Holdings Limited, an investment holding company, engages in the construction, project management, property development, and investment activities in Singapore, Malaysia, and the United Kingdom.
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.41|
|52 Week High||S$0.34|
|52 Week Low||S$0.47|
|1 Month Change||-1.21%|
|3 Month Change||2.50%|
|1 Year Change||17.14%|
|3 Year Change||18.84%|
|5 Year Change||10.81%|
|Change since IPO||-23.57%|
Recent News & Updates
|L19||SG Construction||SG Market|
Return vs Industry: L19 underperformed the SG Construction industry which returned 26.2% over the past year.
Return vs Market: L19 underperformed the SG Market which returned 22.7% over the past year.
Stable Share Price: L19 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: L19's weekly volatility (8%) has been stable over the past year.
About the Company
Lum Chang Holdings Limited, an investment holding company, engages in the construction, project management, property development, and investment activities in Singapore, Malaysia, and the United Kingdom. The company operates through Construction, Property Development and Investment, and Investment Holding and Others segments. Its portfolio includes commercial and residential projects.
Lum Chang Holdings Fundamentals Summary
|L19 fundamental statistics|
Is L19 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|L19 income statement (TTM)|
|Cost of Revenue||S$292.69m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0079|
|Net Profit Margin||0.91%|
How did L19 perform over the long term?See historical performance and comparison
4.3%Current Dividend Yield
Does L19 pay a reliable dividends?See L19 dividend history and benchmarks
|Lum Chang Holdings dividend dates|
|Ex Dividend Date||Nov 08 2021|
|Dividend Pay Date||Nov 23 2021|
|Days until Ex dividend||17 days|
|Days until Dividend pay date||32 days|
Does L19 pay a reliable dividends?See L19 dividend history and benchmarks
Is Lum Chang Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: L19 (SGD0.41) is trading above our estimate of fair value (SGD0.32)
Significantly Below Fair Value: L19 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: L19 is poor value based on its PE Ratio (52x) compared to the SG Construction industry average (12.8x).
PE vs Market: L19 is poor value based on its PE Ratio (52x) compared to the SG market (13.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate L19's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: L19's PB Ratio (0.6x) is in line with the SG Construction industry average.
How is Lum Chang Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Lum Chang Holdings 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.
How has Lum Chang Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: L19 has a large one-off gain of SGD23.2M impacting its June 30 2021 financial results.
Growing Profit Margin: L19 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: L19's earnings have declined by 28.7% per year over the past 5 years.
Accelerating Growth: L19 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: L19 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (88.2%).
Return on Equity
High ROE: L19's Return on Equity (3.1%) is considered low.
How is Lum Chang Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: L19's short term assets (SGD308.6M) exceed its short term liabilities (SGD164.7M).
Long Term Liabilities: L19's short term assets (SGD308.6M) exceed its long term liabilities (SGD192.3M).
Debt to Equity History and Analysis
Debt Level: L19's debt to equity ratio (86.7%) is considered high.
Reducing Debt: L19's debt to equity ratio has reduced from 87.6% to 86.7% over the past 5 years.
Debt Coverage: L19's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: L19's interest payments on its debt are not well covered by EBIT (1.5x coverage).
What is Lum Chang Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: L19's dividend (4.27%) is higher than the bottom 25% of dividend payers in the SG market (1.96%).
High Dividend: L19's dividend (4.27%) is low compared to the top 25% of dividend payers in the SG market (5.27%).
Stability and Growth of Payments
Stable Dividend: L19's dividend payments have been volatile in the past 10 years.
Growing Dividend: L19's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (221.7%), L19's dividend payments are not well covered by earnings.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Lum (72 yo)
Mr. Kok Seng Lum, also known as David, serves as the Managing Director of Lum Chang Holdings Limited. Mr. Lum has been Executive Chairman of LC Development Ltd., since August 1, 2011. Mr. Lum has been an E...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD907.91K) is above average for companies of similar size in the SG market ($USD397.69K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: L19's management team is seasoned and experienced (11.1 years average tenure).
Experienced Board: L19's board of directors are considered experienced (5.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lum Chang Holdings Limited's employee growth, exchange listings and data sources
- Name: Lum Chang Holdings Limited
- Ticker: L19
- Exchange: SGX
- Founded: 1982
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: S$154.442m
- Shares outstanding: 376.69m
- Website: https://www.lumchang.com.sg
Number of Employees
- Lum Chang Holdings Limited
- No. 08-01 Lum Chang Building
- 14 Kung Chong Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:03|
|End of Day Share Price||2021/10/21 00:00|
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.