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Market Cap

S$671.8m

Last Updated

2021/04/11 11:09 UTC

Data Sources

Company Financials +

Executive Summary

HRnetGroup Limited, an investment holding company, engages in the recruitment and staffing business in Singapore, Hong Kong, Taiwan, the People’s Republic of China, Japan, South Korea, Malaysia, Thailand, and Indonesia. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: CHZ is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CHZ's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.8%

CHZ

1.5%

SG Professional Services

0.7%

SG Market


1 Year Return

48.9%

CHZ

73.4%

SG Professional Services

23.3%

SG Market

Return vs Industry: CHZ underperformed the SG Professional Services industry which returned 73.4% over the past year.

Return vs Market: CHZ exceeded the SG Market which returned 23.3% over the past year.


Shareholder returns

CHZIndustryMarket
7 Day0.8%1.5%0.7%
30 Day9.8%9.4%3.4%
90 Day20.7%17.1%7.4%
1 Year57.1%48.9%75.1%73.4%29.6%23.3%
3 Year1.3%-10.1%-8.1%-17.2%-1.5%-13.6%
5 Yearn/a178.8%161.7%20.6%-1.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

5.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CHZ (SGD0.67) is trading below our estimate of fair value (SGD0.71)

Significantly Below Fair Value: CHZ is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CHZ is good value based on its PE Ratio (14.3x) compared to the XA Professional Services industry average (23.4x).

PE vs Market: CHZ is good value based on its PE Ratio (14.3x) compared to the SG market (15.8x).


Price to Earnings Growth Ratio

PEG Ratio: CHZ is poor value based on its PEG Ratio (3.8x)


Price to Book Ratio

PB vs Industry: CHZ is overvalued based on its PB Ratio (2x) compared to the SG Professional Services industry average (0.8x).


Future Growth

How is HRnetGroup forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

3.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHZ's forecast earnings growth (3.7% per year) is above the savings rate (2%).

Earnings vs Market: CHZ's earnings (3.7% per year) are forecast to grow slower than the SG market (26.6% per year).

High Growth Earnings: CHZ's earnings are forecast to grow, but not significantly.

Revenue vs Market: CHZ's revenue (5.6% per year) is forecast to grow slower than the SG market (9.1% per year).

High Growth Revenue: CHZ's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CHZ's Return on Equity is forecast to be low in 3 years time (13.7%).


Past Performance

How has HRnetGroup performed over the past 5 years?

3.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHZ has high quality earnings.

Growing Profit Margin: CHZ's current net profit margins (10.8%) are lower than last year (12.2%).


Past Earnings Growth Analysis

Earnings Trend: CHZ's earnings have grown by 3.7% per year over the past 5 years.

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

Earnings vs Industry: CHZ had negative earnings growth (-9%) over the past year, making it difficult to compare to the Professional Services industry average (2.9%).


Return on Equity

High ROE: CHZ's Return on Equity (14.3%) is considered low.


Financial Health

How is HRnetGroup's financial position?


Financial Position Analysis

Short Term Liabilities: CHZ's short term assets (SGD412.0M) exceed its short term liabilities (SGD102.3M).

Long Term Liabilities: CHZ's short term assets (SGD412.0M) exceed its long term liabilities (SGD3.0M).


Debt to Equity History and Analysis

Debt Level: CHZ is debt free.

Reducing Debt: CHZ has not had any debt for past 5 years.

Debt Coverage: CHZ has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CHZ has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is HRnetGroup current dividend yield, its reliability and sustainability?

3.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CHZ's dividend (3.73%) is higher than the bottom 25% of dividend payers in the SG market (1.85%).

High Dividend: CHZ's dividend (3.73%) is low compared to the top 25% of dividend payers in the SG market (4.56%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CHZ has been paying a dividend for less than 10 years.

Growing Dividend: CHZ's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (53.5%), CHZ's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CHZ's dividends in 3 years are forecast to be covered by earnings (57.4% payout ratio).


Next Steps

Management

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

9.3yrs

Average management tenure


CEO

HRnetGroup has no CEO, or we have no data on them.


Leadership Team

Experienced Management: CHZ's management team is seasoned and experienced (9.3 years average tenure).


Board Members

Experienced Board: CHZ's board of directors are considered experienced (3.9 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: HRnetGroup Limited
  • Ticker: CHZ
  • Exchange: SGX
  • Founded: 1992
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: S$671.790m
  • Shares outstanding: 1.00b
  • Website: https://www.hrnetgroup.com

Number of Employees


Location

  • HRnetGroup Limited
  • Ngee Ann City
  • Tower A
  • Singapore
  • 238873
  • Singapore

Listings


Biography

HRnetGroup Limited, an investment holding company, engages in the recruitment and staffing business in Singapore, Hong Kong, Taiwan, the People’s Republic of China, Japan, South Korea, Malaysia, Thailand, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 11:09
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.