SGX:LUY

Stock Analysis Report

Raffles Infrastructure Holdings

Executive Summary

Raffles Infrastructure Holdings Limited, an investment holding company, principally engages in the investment and management of infrastructure projects in Asia.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Share Price & News

How has Raffles Infrastructure Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

LUY

3.2%

SG Luxury

-0.7%

SG Market


1 Year Return

-12.9%

LUY

4.4%

SG Luxury

4.0%

SG Market

Return vs Industry: LUY underperformed the SG Luxury industry which returned 4.4% over the past year.

Return vs Market: LUY underperformed the SG Market which returned 4% over the past year.


Shareholder returns

LUYIndustryMarket
7 Day0%3.2%-0.7%
30 Day-4.7%-0.3%1.3%
90 Day-30.7%3.2%2.0%
1 Year-12.9%-12.9%7.0%4.4%8.2%4.0%
3 Yearn/a5.9%-1.8%19.0%6.3%
5 Year-67.0%-67.0%22.6%7.9%10.9%-7.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Raffles Infrastructure Holdings undervalued compared to its fair value and its price relative to the market?

3.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LUY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LUY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LUY is good value based on its PE Ratio (3x) compared to the Luxury industry average (12.6x).

PE vs Market: LUY is good value based on its PE Ratio (3x) compared to the SG market (13.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LUY is good value based on its PB Ratio (0.7x) compared to the XA Luxury industry average (0.8x).


Next Steps

Future Growth

How is Raffles Infrastructure Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.2%

Forecasted Consumer Durables 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 Raffles Infrastructure 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 Raffles Infrastructure Holdings performed over the past 5 years?

30.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LUY has large one-off items impacting its financial results.

Growing Profit Margin: LUY became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: LUY has become profitable over the past 5 years, growing earnings by 30.4% per year.

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

Earnings vs Industry: LUY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (1.9%).


Return on Equity

High ROE: LUY's Return on Equity (17.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Raffles Infrastructure Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: LUY's short term assets (CN¥218.0M) exceeds its short term liabilities (CN¥190.3M)

Long Term Liabilities: LUY has no long term liabilities


Debt to Equity History and Analysis

Debt Level: LUY is debt free.

Reducing Debt: LUY has no debt compared to 5 years ago when its debt to equity ratio was 2.7%.

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

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


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if LUY's debt is covered by short term assets.


Next Steps

Dividend

What is Raffles Infrastructure Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.5%markettop25%5.5%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate LUY'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 LUY's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: LUY is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LUY's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

What is the CEO of Raffles Infrastructure Holdings's salary, the management and board of directors tenure and is there insider trading?

1.6yrs

Average management tenure


CEO

Eric Choo (46yo)

1.2yrs

Tenure

CN¥30,000

Compensation

Mr. Choo Han Kiat, also known as Eric, has been Chief Executive Officer and Executive Director at Raffles Infrastructure Holdings Limited(formerly known as China Fibretech Ltd.) since September 28, 2018 an ...


Management Age and Tenure

1.6yrs

Average Tenure

46yo

Average Age

Experienced Management: LUY's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Age and Tenure

1.7yrs

Average Tenure

48yo

Average Age

Experienced Board: LUY's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: LUY insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellCN¥2,733,24310 Sep 19
Lay Yee Choong
EntityIndividual
Shares5,466,500
Max PriceCN¥0.50
SellCN¥4,166,65610 Sep 19
Lili Ding
EntityIndividual
Shares8,333,333
Max PriceCN¥0.50
BuyCN¥6,899,89909 Sep 19
Magicmicro Co.,Ltd
EntityCompany
Shares13,799,833
Max PriceCN¥0.50

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 203.1%.


Management Team

  • Pei Eng Ng (46yo)

    Chief Financial Officer

    • Tenure: 0.08yrs
  • Liang Feng (50yo)

    Deputy General Manager of Sales & Marketing

    • Tenure: 0yrs
    • Compensation: CN¥49.00k
  • Wu Xinda (31yo)

    Deputy General Manager of Administration

    • Tenure: 8.7yrs
    • Compensation: CN¥41.00k
  • Lee Wei Hsiung

    Company Secretary

    • Tenure: 2.1yrs
  • Jiang Zhenhe

    Executive Officer

    • Tenure: 0yrs
    • Compensation: CN¥41.00k
  • Zhang Dufang

    Executive Officer

    • Tenure: 0yrs
    • Compensation: CN¥35.00k
  • Eric Choo (46yo)

    CEO & Executive Director

    • Tenure: 1.2yrs
    • Compensation: CN¥30.00k
  • Adeline Lin

    Company Secretary

    • Tenure: 2.1yrs
  • Zhi Yang (53yo)

    Operations Manager

    • Tenure: 0.3yrs

Board Members

  • Hai Joo Toh (46yo)

    Non-Executive Independent Director

    • Tenure: 1.7yrs
  • Louis Leow (48yo)

    Non-Executive Lead Independent Director

    • Tenure: 1.3yrs
    • Compensation: CN¥15.00k
  • Eric Choo (46yo)

    CEO & Executive Director

    • Tenure: 1.2yrs
    • Compensation: CN¥30.00k
  • Tiong San Toh (53yo)

    Non-Executive Independent Director

    • Tenure: 2.1yrs
    • Compensation: CN¥15.00k
  • Jia Chen Li (48yo)

    Non-Executive Non-Independent Director

    • Tenure: 1.2yrs

Company Information

Raffles Infrastructure Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Raffles Infrastructure Holdings Limited
  • Ticker: LUY
  • Exchange: SGX
  • Founded: 1995
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: S$20.725m
  • Shares outstanding: 67.95m
  • Website: https://www.rafflesinfrastructure.com

Number of Employees


Location

  • Raffles Infrastructure Holdings Limited
  • 80 Robinson Road, No. 02-00
  • Singapore
  • 68898
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LUYSGX (Singapore Exchange)YesOrdinary SharesSGSGDJun 2008

Biography

Raffles Infrastructure Holdings Limited, an investment holding company, principally engages in the investment and management of infrastructure projects in Asia. It offers a suite of services, including inv ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/21 12:42
End of Day Share Price2019/11/12 00:00
Earnings2019/09/30
Annual Earnings2019/06/30


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.