SGX:A33

Stock Analysis Report

Executive Summary

Blumont Group Ltd., an investment holding company, provides contract sterilization and polymerization services in Singapore, Malaysia, and Indonesia.


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

How has Blumont Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A33's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

A33

1.1%

SG Commercial Services

-4.9%

SG Market


1 Year Return

-66.7%

A33

5.2%

SG Commercial Services

-29.0%

SG Market

Return vs Industry: A33 underperformed the SG Commercial Services industry which returned 7.5% over the past year.

Return vs Market: A33 underperformed the SG Market which returned -25.9% over the past year.


Shareholder returns

A33IndustryMarket
7 Day0%1.1%-4.9%
30 Day-66.7%-9.5%-22.2%
90 Day-50.0%2.5%-27.6%
1 Year-66.7%-66.7%7.4%5.2%-26.0%-29.0%
3 Year-66.7%-66.7%-25.2%-29.6%-21.3%-29.7%
5 Year-90.0%-91.7%-34.3%-39.6%-20.3%-33.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Blumont Group undervalued compared to its fair value and its price relative to the market?

37.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A33 (SGD0) is trading below our estimate of fair value (SGD0)

Significantly Below Fair Value: A33 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A33 is poor value based on its PE Ratio (142.9x) compared to the Commercial Services industry average (11.1x).

PE vs Market: A33 is poor value based on its PE Ratio (142.9x) compared to the SG market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate A33's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: A33 is overvalued based on its PB Ratio (7.5x) compared to the SG Commercial Services industry average (0.9x).


Next Steps

Future Growth

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

17.7%

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 Blumont Group 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 Blumont Group performed over the past 5 years?

70.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A33 has high quality earnings.

Growing Profit Margin: A33 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: A33 has become profitable over the past 5 years, growing earnings by 70% per year.

Accelerating Growth: A33 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: A33 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (-23%).


Return on Equity

High ROE: A33's Return on Equity (5.4%) is considered low.


Next Steps

Financial Health

How is Blumont Group's financial position?


Financial Position Analysis

Short Term Liabilities: A33's short term assets (SGD7.5M) exceed its short term liabilities (SGD2.5M).

Long Term Liabilities: A33's short term assets (SGD7.5M) exceed its long term liabilities (SGD6.5M).


Debt to Equity History and Analysis

Debt Level: A33's debt to equity ratio (156%) is considered high.

Reducing Debt: A33's debt to equity ratio has reduced from 325.5% to 156% over the past 5 years.


Balance Sheet

Inventory Level: A33 has a high level of physical assets or inventory.

Debt Coverage by Assets: A33's debt is covered by short term assets (assets are 1.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: A33 is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: A33 is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Blumont Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate A33's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate A33's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if A33's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if A33's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of A33'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?

1.7yrs

Average management tenure


CEO

Tak Lee (60yo)

1

Tenure

Mr. Tak Meng Lee serves as Chief Executive Officer of Blumont Group Ltd. since April 17, 2019 and Executive Director since April 25, 2019. Mr. Lee served as Chief Operating Officer of Treasure Bay Bintan a ...


Leadership Team

NamePositionTenureCompensationOwnership
Tak Lee
CEO & Executive Director1yrno datano data
Yow Lee
CFO & Executive Director1yrno data0.054% SGD15.0k
Nor Alwi
Company Secretary2.42yrsno datano data
S. Yusman
Managing Director of PT Rel-Ion Sterilization Servicesno datano datano data
Aik Hong Tan
Executive Officerno datano datano data
Apolonius Struijk
Adviser to the Chairman6.75yrsno datano data

1.7yrs

Average Tenure

60yo

Average Age

Experienced Management: A33's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Tak Lee
CEO & Executive Director1yrno datano data
Yow Lee
CFO & Executive Director1yrno data0.054% SGD15.0k
Gim Tan
Independent Non-Executive Director5.92yrsno data0.054% SGD15.0k
Aris Rizal
Independent Non-Executive Director5.5yrsno data0.036% SGD10.0k
Lu Howe Siaw
Non-Executive Chairman2.33yrsno data80.27% SGD22.1m
Keok Tuan Ng
Lead Independent Director1yrno datano data

1.7yrs

Average Tenure

57yo

Average Age

Experienced Board: A33's board of directors are not considered experienced ( 1.7 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

Blumont Group Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blumont Group Ltd.
  • Ticker: A33
  • Exchange: SGX
  • Founded: 1993
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: S$27.571m
  • Shares outstanding: 27.57b
  • Website: https://www.blumontgroup.com

Location

  • Blumont Group Ltd.
  • Apex @ Henderson
  • No. 03-26/27, 201 Henderson Road
  • Singapore
  • 159545
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A33SGX (Singapore Exchange)YesOrdinary SharesSGSGDJun 2000

Biography

Blumont Group Ltd., an investment holding company, provides contract sterilization and polymerization services in Singapore, Malaysia, and Indonesia. It operates through four segments: Investment Holding, Sterilisation, Property, and Mineral and Energy Resources. The company invests in transferable securities, such as marketable shares, warrants, debentures, etc.; and delivers gamma irradiation services for decontamination, sterilization, and polymerization purposes primarily to agriculture, seafood, fruits, pharmaceutical and medical products, cosmetic items, and food packaging industries. It also develops properties for sale, including serviced apartments, commercial, and retail lots; and holds properties for rental and related income. In addition, the company explores for, exploits, develops, and produces mineral and energy resources comprising oil and gas, uranium, and thermal coal; and invests in mineral and energy resources projects, entities, and companies. Further, it provides steel making raw materials; base metals consisting of aluminum, copper, lead, nickel, tin, and zinc; and precious metals and stones, such as gold, silver, platinum, and gemstones. Blumont Group Ltd. was incorporated in 1993 and is headquartered in Singapore. Blumont Group Ltd. is a subsidiary of Ultimate Horizon Pte. Ltd. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 12:36
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
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.