company background image
G41

G. K. Goh HoldingsSGX:G41 Stock Report

Last Price

S$1.17

Market Cap

S$376.8m

7D

-0.8%

1Y

24.5%

Updated

23 Jan, 2022

Data

Company Financials
G41 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends1/6

G41 Stock Overview

G. K. Goh Holdings Limited, an investment holding company, provides corporate services in Singapore, Australia, Malaysia, Hong Kong, and China.

Price History & Performance

Summary of all time highs, changes and price drops for G. K. Goh Holdings
Historical stock prices
Current Share PriceS$1.17
52 Week HighS$1.19
52 Week LowS$0.92
Beta0.35
1 Month Change1.74%
3 Month Change4.46%
1 Year Change24.47%
3 Year Change29.28%
5 Year Change39.29%
Change since IPO108.93%

Recent News & Updates

Jun 08
Does G. K. Goh Holdings (SGX:G41) Have A Healthy Balance Sheet?

Does G. K. Goh Holdings (SGX:G41) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Mar 07
G. K. Goh Holdings (SGX:G41) Seems To Use Debt Quite Sensibly

G. K. Goh Holdings (SGX:G41) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Jan 30
Is G. K. Goh Holdings Limited's (SGX:G41) 2.2% Dividend Sustainable?

Is G. K. Goh Holdings Limited's (SGX:G41) 2.2% Dividend Sustainable?

Today we'll take a closer look at G. K. Goh Holdings Limited ( SGX:G41 ) from a dividend investor's perspective. Owning...

Shareholder Returns

G41SG Professional ServicesSG Market
7D-0.8%1.1%0.2%
1Y24.5%13.4%4.4%

Return vs Industry: G41 exceeded the SG Professional Services industry which returned 13.4% over the past year.

Return vs Market: G41 exceeded the SG Market which returned 4.4% over the past year.

Price Volatility

Is G41's price volatile compared to industry and market?
G41 volatility
G41 Average Weekly Movement2.0%
Professional Services Industry Average Movement5.9%
Market Average Movement4.5%
10% most volatile stocks in SG Market12.1%
10% least volatile stocks in SG Market2.1%

Stable Share Price: G41 is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: G41's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979n/aYew Lin Gohhttps://www.gkgoh.com

G. K. Goh Holdings Limited, an investment holding company, provides corporate services in Singapore, Australia, Malaysia, Hong Kong, and China. The company offers share registry, corporate secretarial work, accounting, tax and payroll, and governance services; and management consultancy services. It also provides residential aged care and healthcare related services; and operates nursing homes.

G. K. Goh Holdings Fundamentals Summary

How do G. K. Goh Holdings's earnings and revenue compare to its market cap?
G41 fundamental statistics
Market CapS$376.78m
Earnings (TTM)S$11.05m
Revenue (TTM)S$149.39m

34.1x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
G41 income statement (TTM)
RevenueS$149.39m
Cost of RevenueS$75.07m
Gross ProfitS$74.32m
ExpensesS$63.27m
EarningsS$11.05m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.034
Gross Margin49.75%
Net Profit Margin7.39%
Debt/Equity Ratio47.9%

How did G41 perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

59%

Payout Ratio

Valuation

Is G. K. Goh Holdings undervalued compared to its fair value and its price relative to the market?

5.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: G41 (SGD1.17) is trading below our estimate of fair value (SGD1.24)

Significantly Below Fair Value: G41 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: G41 is poor value based on its PE Ratio (34.1x) compared to the Asian Professional Services industry average (25.2x).

PE vs Market: G41 is poor value based on its PE Ratio (34.1x) compared to the SG market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate G41's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: G41's PB Ratio (0.9x) is in line with the SG Professional Services industry average.


Future Growth

How is G. K. Goh Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.5%

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 G. K. Goh 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 G. K. Goh Holdings performed over the past 5 years?

-45.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: G41 has high quality earnings.

Growing Profit Margin: G41 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: G41's earnings have declined by 45.9% per year over the past 5 years.

Accelerating Growth: G41 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: G41 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Professional Services industry (15.3%).


Return on Equity

High ROE: G41's Return on Equity (2.8%) is considered low.


Financial Health

How is G. K. Goh Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: G41's short term assets (SGD108.9M) do not cover its short term liabilities (SGD129.5M).

Long Term Liabilities: G41's short term assets (SGD108.9M) do not cover its long term liabilities (SGD129.7M).


Debt to Equity History and Analysis

Debt Level: G41's net debt to equity ratio (29.1%) is considered satisfactory.

Reducing Debt: G41's debt to equity ratio has reduced from 48.3% to 47.9% over the past 5 years.

Debt Coverage: G41's debt is not well covered by operating cash flow (16.2%).

Interest Coverage: G41's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Dividend

What is G. K. Goh Holdings's current dividend yield, its reliability and sustainability?

1.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: G41's dividend (1.71%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.03%).

High Dividend: G41's dividend (1.71%) is low compared to the top 25% of dividend payers in the SG market (5.44%).


Stability and Growth of Payments

Stable Dividend: G41's dividend payments have been volatile in the past 10 years.

Growing Dividend: G41's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (58.8%), G41'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?

10.9yrs

Average management tenure


CEO

Yew Lin Goh (61 yo)

13.83yrs

Tenure

S$1,045,000

Compensation

Mr. Yew Lin Goh has been the Managing Director of GK Goh Holdings Ltd. since March 1, 2008 and its Executive Director March 28, 1990. Mr. Goh has been an Executive Director of SGX-listed.since 1990. He se...


CEO Compensation Analysis

Compensation vs Market: Yew Lin's total compensation ($USD777.47K) is about average for companies of similar size in the SG market ($USD777.47K).

Compensation vs Earnings: Yew Lin's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: G41's management team is seasoned and experienced (10.9 years average tenure).


Board Members

Experienced Board: G41's board of directors are considered experienced (8.4 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

G. K. Goh Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: G. K. Goh Holdings Limited
  • Ticker: G41
  • Exchange: SGX
  • Founded: 1979
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Implied Market Cap: S$376.775m
  • Shares outstanding: 322.03m
  • Website: https://www.gkgoh.com

Location

  • G. K. Goh Holdings Limited
  • No. 08-08, The Metropolis Tower 2
  • 11 North Buona Vista Drive
  • Singapore
  • 138589
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 11:01
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
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.