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Market Cap

S$83.2m

Last Updated

2021/04/11 11:04 UTC

Data Sources

Company Financials

Executive Summary

GS Holdings Limited, an investment holding company, leases, operates, and manages food courts, coffee shops, and eating houses in Singapore. More Details


Snowflake Analysis

Flawless balance sheet with poor track record.

Share Price & News

How has GS Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 43A is more volatile than 90% of SG stocks over the past 3 months, typically moving +/- 25% a week.

Volatility Over Time: Insufficient data to determine 43A's volatility change over the past year.


Market Performance


7 Day Return

-6.3%

43A

1.3%

SG Commercial Services

0.7%

SG Market


1 Year Return

12.5%

43A

17.1%

SG Commercial Services

23.3%

SG Market

Return vs Industry: 43A underperformed the SG Commercial Services industry which returned 16% over the past year.

Return vs Market: 43A underperformed the SG Market which returned 23.3% over the past year.


Shareholder returns

43AIndustryMarket
7 Day-6.3%1.3%0.7%
30 Day-10.0%2.9%3.4%
90 Day-10.0%-1.4%7.4%
1 Year14.6%12.5%20.4%17.1%29.6%23.3%
3 Year123.6%119.5%-3.3%-9.4%-1.5%-13.6%
5 Year83.4%80.0%2.1%-7.3%20.6%-1.5%

Long-Term Price Volatility Vs. Market

How volatile is GS Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is GS Holdings undervalued compared to its fair value and its price relative to the market?

174.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 43A (SGD0.45) is trading above our estimate of fair value (SGD0.08)

Significantly Below Fair Value: 43A is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 43A is poor value based on its PE Ratio (174.2x) compared to the SG Commercial Services industry average (16.2x).

PE vs Market: 43A is poor value based on its PE Ratio (174.2x) compared to the SG market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 43A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 43A is overvalued based on its PB Ratio (3.1x) compared to the SG Commercial Services industry average (1x).


Future Growth

How is GS Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.4%

Forecasted Commercial Services 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 GS 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.


Past Performance

How has GS Holdings performed over the past 5 years?

61.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 43A has a large one-off gain of SGD701.0K impacting its December 31 2020 financial results.

Growing Profit Margin: 43A's current net profit margins (3.5%) are lower than last year (44.4%).


Past Earnings Growth Analysis

Earnings Trend: 43A has become profitable over the past 5 years, growing earnings by 61.5% per year.

Accelerating Growth: 43A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 43A had negative earnings growth (-97%) over the past year, making it difficult to compare to the Commercial Services industry average (39.2%).


Return on Equity

High ROE: 43A's Return on Equity (4.9%) is considered low.


Financial Health

How is GS Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 43A's short term assets (SGD34.4M) exceed its short term liabilities (SGD8.7M).

Long Term Liabilities: 43A's short term assets (SGD34.4M) exceed its long term liabilities (SGD3.4M).


Debt to Equity History and Analysis

Debt Level: 43A's debt to equity ratio (6.1%) is considered satisfactory.

Reducing Debt: 43A's debt to equity ratio has reduced from 1027.1% to 6.1% over the past 5 years.

Debt Coverage: 43A's debt is well covered by operating cash flow (146.8%).

Interest Coverage: 43A's interest payments on its debt are well covered by EBIT (8.4x coverage).


Balance Sheet


Dividend

What is GS Holdings's current dividend yield, its reliability and sustainability?

2.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 43A's dividend (2.22%) is higher than the bottom 25% of dividend payers in the SG market (1.88%).

High Dividend: 43A's dividend (2.22%) is low compared to the top 25% of dividend payers in the SG market (4.59%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 43A's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 43A's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (387.1%), 43A'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.


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Pok Pang (63 yo)

no data

Tenure

Mr. Pok Pang served as Executive Chairman at GS Holdings Limited until January 1, 2020 and serves as Chief Executive Officer. Mr. Pang serves as Executive Director of GS Holdings Limited. Mr. Pang is respo...


Leadership Team

Experienced Management: 43A's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 43A's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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

GS Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GS Holdings Limited
  • Ticker: 43A
  • Exchange: Catalist
  • Founded: 2014
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: S$83.247m
  • Shares outstanding: 184.99m
  • Website: https://www.gsholdings.com.sg

Number of Employees


Location

  • GS Holdings Limited
  • 680 Upper Thomson Road No. 02-01
  • Singapore
  • 787103
  • Singapore

Listings


Biography

GS Holdings Limited, an investment holding company, leases, operates, and manages food courts, coffee shops, and eating houses in Singapore. The company operates 3 food courts/food centers, an eating house...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 11:04
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.