SGX:MF6

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Mun Siong Engineering

Executive Summary

Mun Siong Engineering Limited provides mechanical and electrical engineering services for the oil and gas, process, chemical, and pharmaceutical industries worldwide. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.

Share Price & News

How has Mun Siong Engineering's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MF6 is more volatile than 75% of SG stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: Insufficient data to determine MF6's volatility change over the past year.


Market Performance


7 Day Return

7.0%

MF6

0.7%

SG Construction

-0.5%

SG Market


1 Year Return

n/a

MF6

-14.5%

SG Construction

-14.2%

SG Market

Return vs Industry: Insufficient data to determine how MF6 performed against the SG Construction industry.

Return vs Market: Insufficient data to determine how MF6 performed against the SG Market.


Shareholder returns

MF6IndustryMarket
7 Day7.0%0.7%-0.5%
30 Day-4.2%5.7%11.3%
90 Day-31.3%4.8%10.3%
1 Yearn/a-12.5%-14.5%-9.5%-14.2%
3 Year-28.1%-31.3%-36.5%-41.7%-11.1%-22.1%
5 Year-11.6%-22.0%-28.3%-38.2%12.2%-8.6%

Long-Term Price Volatility Vs. Market

How volatile is Mun Siong Engineering's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mun Siong Engineering 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: MF6 (SGD0.05) is trading below our estimate of fair value (SGD0.33)

Significantly Below Fair Value: MF6 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MF6 is unprofitable, so we can't compare its PE Ratio to the SG Construction industry average.

PE vs Market: MF6 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 MF6's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MF6's PB Ratio (0.5x) is in line with the SG Construction industry average.


Next Steps

Future Growth

How is Mun Siong Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

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 Mun Siong Engineering 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 Mun Siong Engineering performed over the past 5 years?

-55.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MF6 is currently unprofitable.

Growing Profit Margin: MF6 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MF6 is unprofitable, and losses have increased over the past 5 years at a rate of 55.3% per year.

Accelerating Growth: Unable to compare MF6's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MF6 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-14.8%).


Return on Equity

High ROE: MF6 has a negative Return on Equity (-0.41%), as it is currently unprofitable.


Next Steps

Financial Health

How is Mun Siong Engineering's financial position?


Financial Position Analysis

Short Term Liabilities: MF6's short term assets (SGD56.7M) exceed its short term liabilities (SGD15.4M).

Long Term Liabilities: MF6's short term assets (SGD56.7M) exceed its long term liabilities (SGD2.2M).


Debt to Equity History and Analysis

Debt Level: MF6's debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: MF6's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.

Debt Coverage: MF6's debt is well covered by operating cash flow (17583.3%).

Interest Coverage: Insufficient data to determine if MF6's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Mun Siong Engineering current dividend yield, its reliability and sustainability?

0.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MF6's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.41%).

High Dividend: MF6's dividend (0.87%) is low compared to the top 25% of dividend payers in the SG market (5.19%).


Stability and Growth of Payments

Stable Dividend: MF6 is not paying a notable dividend for the SG market, therefore no need to check if payments are stable.

Growing Dividend: MF6 is not paying a notable dividend for the SG market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: MF6 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MF6's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Woei Fen Cheng (63 yo)

no data

Tenure

S$231,000

Compensation

Ms. Woei Fen Cheng has been an Executive Chairlady of Mun Siong Engineering Private Limited since April 2007 and has been its Director since October 31, 1981 and serves as its Chief Executive Officer. Ms. ...


CEO Compensation Analysis

Compensation vs Market: Woei Fen's total compensation ($USD173.24K) is below average for companies of similar size in the SG market ($USD387.48K).

Compensation vs Earnings: Woei Fen's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Woei Fen Cheng
Executive Chairlady & CEOno dataS$231.00k54.33%
SGD 14.5m
Kian Hui Quek
Executive Director6.5yrsS$149.00k14.89%
SGD 4.0m
John L. Parkinson
Technical Director3.75yrsno datano data
Yan Lin
Senior Directorno dataS$235.01k1.25%
SGD 334.2k
Kheng Hock Teo
Director of Specialised Services3.33yrsno datano data
Kok Liang Chew
Company Secretaryno datano datano data
Pei Pei Lim
Company Secretary0.58yrno datano data

3.3yrs

Average Tenure

59.5yo

Average Age

Experienced Management: MF6's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Woei Fen Cheng
Executive Chairlady & CEOno dataS$231.00k54.33%
SGD 14.5m
Kian Hui Quek
Executive Director6.5yrsS$149.00k14.89%
SGD 4.0m
Teik Soon Lau
Non-Executive & Independent Director7.67yrsS$39.00kno data
Chao Hsiung Tan
Non-Executive & Lead Independent Director7.58yrsS$44.00kno data
Kai Leong Mah
Non-Executive Independent Director0.75yrno datano data

7.6yrs

Average Tenure

63yo

Average Age

Experienced Board: MF6's board of directors are considered experienced (7.6 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mun Siong Engineering Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mun Siong Engineering Limited
  • Ticker: MF6
  • Exchange: SGX
  • Founded: 1969
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: S$26.686m
  • Shares outstanding: 580.12m
  • Website: https://www.mun-siong.com

Location

  • Mun Siong Engineering Limited
  • 35 Tuas Road
  • Jurong Town
  • Singapore
  • 638496
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MF6SGX (Singapore Exchange)YesOrdinary SharesSGSGDOct 2010

Biography

Mun Siong Engineering Limited provides mechanical and electrical engineering services for the oil and gas, process, chemical, and pharmaceutical industries worldwide. The company provides engineering servi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 11:11
End of Day Share Price2020/12/04 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.