SGX:G41

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Unattractive dividend payer with weak fundamentals.

Share Price & News

How has G. K. Goh Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: G41 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: G41's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

20.8%

G41

5.7%

SG Professional Services

-0.2%

SG Market


1 Year Return

8.8%

G41

12.1%

SG Professional Services

-10.2%

SG Market

Return vs Industry: G41 matched the SG Professional Services industry which returned 10.8% over the past year.

Return vs Market: G41 exceeded the SG Market which returned -9.7% over the past year.


Shareholder returns

G41IndustryMarket
7 Day20.8%5.7%-0.2%
30 Day20.8%16.3%5.7%
90 Day27.4%8.6%17.8%
1 Year11.8%8.8%13.4%12.1%-5.3%-10.2%
3 Year-8.8%-17.7%36.3%31.3%-11.2%-22.0%
5 Year44.2%20.0%162.5%148.9%24.9%2.0%

Long-Term Price Volatility Vs. Market

How volatile is G. K. Goh Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.75x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: G41 (SGD0.94) is trading above our estimate of fair value (SGD0.34)

Significantly Below Fair Value: G41 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: G41 is unprofitable, so we can't compare its PE Ratio to the XA Professional Services industry average.

PE vs Market: G41 is unprofitable, so we can't compare its PE Ratio to the SG market.


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 (0.8x) is in line with the SG Professional Services industry average.


Next Steps

Future Growth

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

24.2%

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.


Next Steps

Past Performance

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

-27.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: G41 is currently unprofitable.

Growing Profit Margin: G41 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: G41 is unprofitable, and losses have increased over the past 5 years at a rate of 27.4% per year.

Accelerating Growth: Unable to compare G41's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: G41 is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (-2.6%).


Return on Equity

High ROE: G41 has a negative Return on Equity (0.022%), as it is currently unprofitable.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: G41's short term assets (SGD103.9M) do not cover its short term liabilities (SGD113.3M).

Long Term Liabilities: G41's short term assets (SGD103.9M) do not cover its long term liabilities (SGD148.0M).


Debt to Equity History and Analysis

Debt Level: G41's debt to equity ratio (47.7%) is considered high.

Reducing Debt: G41's debt to equity ratio has increased from 47% to 47.7% over the past 5 years.

Debt Coverage: G41's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: G41 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

2.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: G41's dividend (2.14%) is higher than the bottom 25% of dividend payers in the SG market (2.12%).

High Dividend: G41's dividend (2.14%) is low compared to the top 25% of dividend payers in the SG market (4.97%).


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 increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: G41 is paying a dividend but the company is unprofitable.


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?

9.9yrs

Average management tenure


CEO

Goh Yew Lin (60 yo)

12.83yrs

Tenure

S$1,047,000

Compensation

Mr. Goh Yew Lin 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: Goh Yew's total compensation ($USD788.53K) is about average for companies of similar size in the SG market ($USD742.62K).

Compensation vs Earnings: Goh Yew's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Geok Khim Goh
Founder & Executive Chairman of the Board30.83yrsS$1.16mno data
Goh Yew Lin
MD & Executive Director12.83yrsS$1.05m0.011%
SGD 33.6k
Liang Huat Teo
CFO, Joint Secretary & Executive Director2.42yrsS$571.00k0.079%
SGD 239.5k
Poh Jin Teo
Executive Director & Group CEO of Boardroom Limitedno datano datano data
Chong Ngee Chia
CEO of Goh Financial Svcs (S) Pte Ltd and Executive Director of Goh Financial Svcs (S) Pte Ltd7yrsno datano data
Ngiam May Ling
Joint Secretaryno datano datano data
Boon Nee Poh
Chief Executive Officer of Allium Healthcare Holdings Pte Ltd3.75yrsno datano data

9.9yrs

Average Tenure

58yo

Average Age

Experienced Management: G41's management team is seasoned and experienced (9.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Geok Khim Goh
Founder & Executive Chairman of the Board30.83yrsS$1.16mno data
Goh Yew Lin
MD & Executive Director12.83yrsS$1.05m0.011%
SGD 33.6k
Liang Huat Teo
CFO, Joint Secretary & Executive Director2.42yrsS$571.00k0.079%
SGD 239.5k
Chong Ngee Chia
CEO of Goh Financial Svcs (S) Pte Ltd and Executive Director of Goh Financial Svcs (S) Pte Ltd7yrsno datano data
Soo Lee
Lead Independent Directorno dataS$71.00k0.0062%
SGD 18.7k
Teck Leong Lim
Independent Non-Executive Director7.75yrsS$69.00k0.0032%
SGD 9.8k
Hock Seong Song
Executive Director of G. K. Goh Financial Services (S) Pte Ltd15.75yrsno datano data
Marie Teo
Independent Non-Executive Director3.33yrsS$67.00k0.051%
SGD 154.1k

7.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: G41's board of directors are considered experienced (7.8 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.


Recent Insider Transactions

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 company bio, 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
  • Market Cap: S$303.697m
  • Shares outstanding: 324.81m
  • Website: https://www.gkgoh.com

Location

  • G. K. Goh Holdings Limited
  • No. 33-00, Singapore Land Tower
  • 50 Raffles Place
  • Singapore
  • 48623
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
G41SGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 1992

Biography

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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 11:06
End of Day Share Price2021/01/26 00:00
Earnings2020/06/30
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.