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Market Cap

S$31.4m

Last Updated

2021/04/11 11:06 UTC

Data Sources

Company Financials

Executive Summary

Reclaims Global Limited operates as an eco-friendly integrated service provider in the construction industry in Singapore. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Reclaims 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 NEX's volatility over the past 3 months.

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


Market Performance


7 Day Return

0%

NEX

1.3%

SG Commercial Services

0.7%

SG Market


1 Year Return

n/a

NEX

17.1%

SG Commercial Services

23.3%

SG Market

Return vs Industry: Insufficient data to determine how NEX performed against the SG Commercial Services industry.

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


Shareholder returns

NEXIndustryMarket
7 Day0%1.3%0.7%
30 Day11.6%2.9%3.4%
90 Dayn/a-1.4%7.4%
1 Yearn/a20.4%17.1%29.6%23.3%
3 Yearn/a-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 Reclaims Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Reclaims 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: NEX (SGD0.24) is trading below our estimate of fair value (SGD1.31)

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


Price To Earnings Ratio

PE vs Industry: NEX's PE Ratio (14.5x) is in line with the SG Commercial Services industry average.

PE vs Market: NEX is good value based on its PE Ratio (14.5x) compared to the SG market (15.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NEX is overvalued based on its PB Ratio (1.3x) compared to the SG Commercial Services industry average (1x).


Future Growth

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

-42.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NEX has high quality earnings.

Growing Profit Margin: NEX's current net profit margins (8.8%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: NEX's earnings have declined by 42.7% per year over the past 5 years.

Accelerating Growth: NEX's earnings growth over the past year (39.2%) exceeds its 5-year average (-42.7% per year).

Earnings vs Industry: NEX earnings growth over the past year (39.2%) underperformed the Commercial Services industry 39.2%.


Return on Equity

High ROE: NEX's Return on Equity (9%) is considered low.


Financial Health

How is Reclaims Global's financial position?


Financial Position Analysis

Short Term Liabilities: NEX's short term assets (SGD19.9M) exceed its short term liabilities (SGD6.9M).

Long Term Liabilities: NEX's short term assets (SGD19.9M) exceed its long term liabilities (SGD3.1M).


Debt to Equity History and Analysis

Debt Level: NEX's debt to equity ratio (14.1%) is considered satisfactory.

Reducing Debt: NEX's debt to equity ratio has reduced from 47.8% to 14.1% over the past 5 years.

Debt Coverage: NEX's debt is well covered by operating cash flow (141.1%).

Interest Coverage: NEX's interest payments on its debt are well covered by EBIT (26.2x coverage).


Balance Sheet


Dividend

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

1.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NEX's dividend (1.58%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (1.85%).

High Dividend: NEX's dividend (1.58%) is low compared to the top 25% of dividend payers in the SG market (4.56%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.4%), NEX's dividend 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?

3.8yrs

Average management tenure


CEO

Andrew Chew (57 yo)

3.08yrs

Tenure

S$376,000

Compensation

Mr. Andrew Dekguang Jhou Chew serves as the Chief Executive Officer at Reclaims Global Limited since March 2018 and its Executive Director since October 11, 2018. Mr. Chew started his career in the banking...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD280.37K) is about average for companies of similar size in the SG market ($USD377.75K).

Compensation vs Earnings: Andrew's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: NEX's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: NEX's board of directors are not considered experienced ( 2.3 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

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


Key Information

  • Name: Reclaims Global Limited
  • Ticker: NEX
  • Exchange: Catalist
  • Founded: 2009
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: S$31.440m
  • Shares outstanding: 131.00m
  • Website: https://www.reclaims-enterprise.com

Number of Employees


Location

  • Reclaims Global Limited
  • 10 Tuas South Street 7
  • Singapore
  • 637114
  • Singapore

Listings


Biography

Reclaims Global Limited operates as an eco-friendly integrated service provider in the construction industry in Singapore. The company operates through three segments: Recycling, Excavation Services, and L...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 11:06
End of Day Share Price2021/03/31 00:00
Earnings2021/01/31
Annual Earnings2021/01/31


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.