Pan-United Corporation Ltd, an investment holding company, engages in the concrete and logistics businesses in Singapore, China, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.31|
|52 Week High||S$0.27|
|52 Week Low||S$0.35|
|1 Month Change||1.64%|
|3 Month Change||-4.61%|
|1 Year Change||14.82%|
|3 Year Change||12.73%|
|5 Year Change||-47.01%|
|Change since IPO||-83.85%|
Recent News & Updates
We Think Pan-United (SGX:P52) Can Stay On Top Of Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholders Of Pan-United (SGX:P52) Have Received 21% On Their Investment
Ideally, your overall portfolio should beat the market average. But if you pick the right individual stocks, you could...
Weak Financial Prospects Seem To Be Dragging Down Pan-United Corporation Ltd (SGX:P52) Stock
It is hard to get excited after looking at Pan-United's (SGX:P52) recent performance, when its stock has declined 9.4...
|P52||SG Trade Distributors||SG Market|
Return vs Industry: P52 underperformed the SG Trade Distributors industry which returned 20.2% over the past year.
Return vs Market: P52 underperformed the SG Market which returned 21.2% over the past year.
Stable Share Price: P52 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: P52's weekly volatility (4%) has been stable over the past year.
About the Company
Pan-United Corporation Ltd, an investment holding company, engages in the concrete and logistics businesses in Singapore, China, and internationally. The company operates in three segments: Concrete and Cement, Trading and Shipping, and Others. It manufactures, trades in, and supplies cement, granite, aggregates, ready-mix concrete, and slag, as well as refined petroleum products to construction industry.
Pan-United Fundamentals Summary
|P52 fundamental statistics|
Is P52 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|P52 income statement (TTM)|
|Cost of Revenue||S$383.96m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.011|
|Net Profit Margin||1.57%|
How did P52 perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is Pan-United 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: P52 (SGD0.31) is trading above our estimate of fair value (SGD0.16)
Significantly Below Fair Value: P52 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: P52 is poor value based on its PE Ratio (28.2x) compared to the SG Trade Distributors industry average (9.6x).
PE vs Market: P52 is poor value based on its PE Ratio (28.2x) compared to the SG market (13.5x).
Price to Earnings Growth Ratio
PEG Ratio: P52 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: P52 is overvalued based on its PB Ratio (1.1x) compared to the SG Trade Distributors industry average (0.6x).
How is Pan-United forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: P52's forecast earnings growth (56.5% per year) is above the savings rate (1.8%).
Earnings vs Market: P52's earnings (56.5% per year) are forecast to grow faster than the SG market (15.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: P52's revenue (14.1% per year) is forecast to grow faster than the SG market (7.2% per year).
High Growth Revenue: P52's revenue (14.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if P52's Return on Equity is forecast to be high in 3 years time
How has Pan-United performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: P52 has a large one-off gain of SGD3.4M impacting its June 30 2021 financial results.
Growing Profit Margin: P52's current net profit margins (1.6%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: P52's earnings have declined by 1.3% per year over the past 5 years.
Accelerating Growth: P52's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: P52 had negative earnings growth (-33.8%) over the past year, making it difficult to compare to the Trade Distributors industry average (95.9%).
Return on Equity
High ROE: P52's Return on Equity (4.2%) is considered low.
How is Pan-United's financial position?
Financial Position Analysis
Short Term Liabilities: P52's short term assets (SGD204.7M) exceed its short term liabilities (SGD118.3M).
Long Term Liabilities: P52's short term assets (SGD204.7M) exceed its long term liabilities (SGD65.7M).
Debt to Equity History and Analysis
Debt Level: P52's debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: P52's debt to equity ratio has reduced from 100.1% to 31.4% over the past 5 years.
Debt Coverage: P52's debt is well covered by operating cash flow (32.5%).
Interest Coverage: P52's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is Pan-United current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: P52's dividend (3.23%) is higher than the bottom 25% of dividend payers in the SG market (1.94%).
High Dividend: P52's dividend (3.23%) is low compared to the top 25% of dividend payers in the SG market (5.22%).
Stability and Growth of Payments
Stable Dividend: P52's dividend payments have been volatile in the past 10 years.
Growing Dividend: P52's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (118.2%), P52'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
May Ng (53 yo)
Ms. Bee Bee Ng, also known as May, has been the Chief Executive Officer of Pan-United Corporation Limited since March 1, 2011. Ms. Ng serves as Independent Non-Executive Director of Singapore Technologies...
Experienced Management: P52's management team is considered experienced (2.8 years average tenure).
Experienced Board: P52's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Pan-United Corporation Ltd's employee growth, exchange listings and data sources
- Name: Pan-United Corporation Ltd
- Ticker: P52
- Exchange: SGX
- Founded: 1958
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: S$217.542m
- Shares outstanding: 701.75m
- Website: https://www.panunited.com.sg
Number of Employees
- Pan-United Corporation Ltd
- No. 16-01 Suntec Tower One
- 7 Temasek Boulevard
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:33|
|End of Day Share Price||2021/10/19 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.