TCU Stock Overview
Credit Bureau Asia Limited, an investment holding company, provides credit and risk information solutions.
Price History & Performance
|Historical stock prices|
|Current Share Price||S$1.15|
|52 Week High||S$1.59|
|52 Week Low||S$0.96|
|1 Month Change||-6.50%|
|3 Month Change||-10.85%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||7.48%|
Recent News & Updates
Some Investors May Be Willing To Look Past Credit Bureau Asia's (SGX:TCU) Soft Earnings
The market for Credit Bureau Asia Limited's ( SGX:TCU ) shares didn't move much after it posted weak earnings recently...
Unpleasant Surprises Could Be In Store For Credit Bureau Asia Limited's (SGX:TCU) Shares
With a price-to-earnings (or "P/E") ratio of 37.8x Credit Bureau Asia Limited ( SGX:TCU ) may be sending very bearish...
|TCU||SG Professional Services||SG Market|
Return vs Industry: Insufficient data to determine how TCU performed against the SG Professional Services industry.
Return vs Market: Insufficient data to determine how TCU performed against the SG Market.
|TCU Average Weekly Movement||2.7%|
|Professional Services Industry Average Movement||5.3%|
|Market Average Movement||4.9%|
|10% most volatile stocks in SG Market||14.4%|
|10% least volatile stocks in SG Market||2.1%|
Stable Share Price: TCU is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TCU's weekly volatility (3%) has been stable over the past year.
About the Company
Credit Bureau Asia Limited, an investment holding company, provides credit and risk information solutions. It operates in two segments, Financial Institution Data Business (FI Data Business) and Non-Financial Institution Data Business (Non-FI Data Business). The FI Data Business segment offers access to credit information on individual consumers and registered business entities, which are generated from up-to-date credit information contributed by subscribing members; and credit scoring, data analytics, credit monitoring services, and customized solutions.
Credit Bureau Asia Fundamentals Summary
|TCU fundamental statistics|
Is TCU overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TCU income statement (TTM)|
|Cost of Revenue||S$11.82m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.031|
|Net Profit Margin||15.61%|
How did TCU perform over the long term?See historical performance and comparison
3.0%Current Dividend Yield
Is Credit Bureau Asia undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TCU (SGD1.15) is trading below our estimate of fair value (SGD2.8)
Significantly Below Fair Value: TCU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TCU is poor value based on its PE Ratio (37.6x) compared to the Asian Professional Services industry average (25.8x).
PE vs Market: TCU is poor value based on its PE Ratio (37.6x) compared to the SG market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: TCU is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: TCU is overvalued based on its PB Ratio (5.6x) compared to the SG Professional Services industry average (0.9x).
How is Credit Bureau Asia forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCU's forecast earnings growth (14.5% per year) is above the savings rate (1.8%).
Earnings vs Market: TCU's earnings (14.5% per year) are forecast to grow faster than the SG market (13.6% per year).
High Growth Earnings: TCU's earnings are forecast to grow, but not significantly.
Revenue vs Market: TCU's revenue (7.2% per year) is forecast to grow slower than the SG market (7.3% per year).
High Growth Revenue: TCU's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCU's Return on Equity is forecast to be high in 3 years time (22%)
How has Credit Bureau Asia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCU has high quality earnings.
Growing Profit Margin: TCU's current net profit margins (15.6%) are lower than last year (17.9%).
Past Earnings Growth Analysis
Earnings Trend: TCU's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: TCU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TCU had negative earnings growth (-5.2%) over the past year, making it difficult to compare to the Professional Services industry average (14.5%).
Return on Equity
High ROE: TCU's Return on Equity (27.8%) is considered high.
How is Credit Bureau Asia's financial position?
Financial Position Analysis
Short Term Liabilities: TCU's short term assets (SGD62.3M) exceed its short term liabilities (SGD19.3M).
Long Term Liabilities: TCU's short term assets (SGD62.3M) exceed its long term liabilities (SGD1.8M).
Debt to Equity History and Analysis
Debt Level: TCU has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TCU's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TCU's debt is well covered by operating cash flow (2673.3%).
Interest Coverage: TCU's interest payments on its debt are well covered by EBIT (258.4x coverage).
What is Credit Bureau Asia current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TCU's dividend (2.96%) is higher than the bottom 25% of dividend payers in the SG market (2%).
High Dividend: TCU's dividend (2.96%) is low compared to the top 25% of dividend payers in the SG market (5.34%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether TCU's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TCU's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.7%), TCU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TCU's dividends in 3 years are not forecast to be well covered by earnings (90.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kevin Koo (56 yo)
Mr. Chiang Koo, also known as Kevin, is Founder, Executive Chairman and CEO of Credit Bureau Asia Limited and serves as its Director since March 21, 2019. He is the founder, Executive Chairman and CEO of t...
Experienced Board: TCU's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TCU insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: TCU only recently listed within the past 12 months.
Credit Bureau Asia Limited's employee growth, exchange listings and data sources
- Name: Credit Bureau Asia Limited
- Ticker: TCU
- Exchange: SGX
- Founded: 1993
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: S$264.949m
- Shares outstanding: 230.39m
- Website: https://www.creditbureauasia.com
Number of Employees
- Credit Bureau Asia Limited
- 6 Shenton Way
- No. 17-10 OUE Downtown
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/29 16:01|
|End of Day Share Price||2021/11/29 00:00|
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.