NOT FOR DISTRIBUTION
Header cover image

Market Cap

S$42.7m

Last Updated

2021/04/11 11:01 UTC

Data Sources

Company Financials

Executive Summary

Advancer Global Limited, an investment holding company, provides workforce solutions and facilities management services in Singapore. More Details


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

How has Advancer Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine 43Q's volatility over the past 3 months.

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


Market Performance


7 Day Return

23.2%

43Q

1.3%

SG Commercial Services

0.7%

SG Market


1 Year Return

14.1%

43Q

17.1%

SG Commercial Services

23.3%

SG Market

Return vs Industry: 43Q underperformed the SG Commercial Services industry which returned 17.1% over the past year.

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


Shareholder returns

43QIndustryMarket
7 Day23.2%1.3%0.7%
30 Day42.9%2.9%3.4%
90 Day60.4%-1.4%7.4%
1 Year20.7%14.1%20.4%17.1%29.6%23.3%
3 Year-38.2%-43.3%-3.3%-9.4%-1.5%-13.6%
5 Yearn/a2.1%-7.3%20.6%-1.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Advancer Global 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: 43Q (SGD0.17) is trading below our estimate of fair value (SGD1.85)

Significantly Below Fair Value: 43Q is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 43Q is good value based on its PE Ratio (9.4x) compared to the SG Commercial Services industry average (14.5x).

PE vs Market: 43Q is good value based on its PE Ratio (9.4x) compared to the SG market (15.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: 43Q's PB Ratio (0.9x) is in line with the SG Commercial Services industry average.


Future Growth

How is Advancer Global 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 Advancer Global 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 Advancer Global performed over the past 5 years?

-18.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 43Q has a large one-off gain of SGD9.5M impacting its December 31 2020 financial results.

Growing Profit Margin: 43Q's current net profit margins (8%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: 43Q's earnings have declined by 18.1% per year over the past 5 years.

Accelerating Growth: 43Q's earnings growth over the past year (843.9%) exceeds its 5-year average (-18.1% per year).

Earnings vs Industry: 43Q earnings growth over the past year (843.9%) exceeded the Commercial Services industry 39.2%.


Return on Equity

High ROE: 43Q's Return on Equity (10.5%) is considered low.


Financial Health

How is Advancer Global's financial position?


Financial Position Analysis

Short Term Liabilities: 43Q's short term assets (SGD48.3M) exceed its short term liabilities (SGD10.6M).

Long Term Liabilities: 43Q's short term assets (SGD48.3M) exceed its long term liabilities (SGD1.8M).


Debt to Equity History and Analysis

Debt Level: 43Q's debt to equity ratio (1.2%) is considered satisfactory.

Reducing Debt: 43Q's debt to equity ratio has reduced from 20.2% to 1.2% over the past 5 years.

Debt Coverage: 43Q's debt is well covered by operating cash flow (1157.3%).

Interest Coverage: Insufficient data to determine if 43Q's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Advancer Global current dividend yield, its reliability and sustainability?

9.29%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 11 2021Ex Dividend DateMay 19 2021Dividend Pay DateMay 31 202112 days from Ex DividendBuy in the next 37 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 43Q's dividend (9.29%) is higher than the bottom 25% of dividend payers in the SG market (1.85%).

High Dividend: 43Q's dividend (9.29%) is in the top 25% of dividend payers in the SG market (4.56%)


Stability and Growth of Payments

Stable Dividend: 43Q has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 43Q's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (76.7%), 43Q's payments are 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?

4.8yrs

Average board tenure


CEO

Gary Chin (50 yo)

no data

Tenure

Mr. Mei Yang Chin, also known as Gary, serves as Chief Executive Officer at Advancer Global Limited and has been its Executive Director since February 2, 2016. Mr. Chin has more than 20 years of experience...


Board Members

Experienced Board: 43Q's board of directors are considered experienced (4.8 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

Advancer Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Advancer Global Limited
  • Ticker: 43Q
  • Exchange: Catalist
  • Founded: 2016
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: S$42.702m
  • Shares outstanding: 251.19m
  • Website: https://advancer.sg

Number of Employees


Location

  • Advancer Global Limited
  • 135 Jurong Gateway Road No. 05-317
  • Singapore
  • 600135
  • Singapore

Listings


Biography

Advancer Global Limited, an investment holding company, provides workforce solutions and facilities management services in Singapore. It operates through three segments: Employment Services Business, Build...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 11:01
End of Day Share Price2021/04/08 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.