company background image
OV8 logo

Sheng Siong Group SGX:OV8 Stock Report

Last Price

S$1.51

Market Cap

S$2.3b

7D

-0.7%

1Y

-7.9%

Updated

18 Mar, 2024

Data

Company Financials +

OV8 Stock Overview

Sheng Siong Group Ltd, an investment holding company, operates a chain of supermarket retail stores in Singapore.

OV8 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends4/6

Sheng Siong Group Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sheng Siong Group
Historical stock prices
Current Share PriceS$1.51
52 Week HighS$1.83
52 Week LowS$1.46
Beta0.17
1 Month Change-3.21%
3 Month Change-3.82%
1 Year Change-7.93%
3 Year Change0.67%
5 Year Change43.81%
Change since IPO344.12%

Recent News & Updates

Sheng Siong Group Ltd (SGX:OV8) Investors Are Less Pessimistic Than Expected

Mar 05
Sheng Siong Group Ltd (SGX:OV8) Investors Are Less Pessimistic Than Expected

Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future

Oct 30
Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future

Recent updates

Sheng Siong Group Ltd (SGX:OV8) Investors Are Less Pessimistic Than Expected

Mar 05
Sheng Siong Group Ltd (SGX:OV8) Investors Are Less Pessimistic Than Expected

Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future

Oct 30
Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future

Sheng Siong Group (SGX:OV8) Is Reducing Its Dividend To SGD0.0305

Jul 31
Sheng Siong Group (SGX:OV8) Is Reducing Its Dividend To SGD0.0305

Capital Investment Trends At Sheng Siong Group (SGX:OV8) Look Strong

Jun 20
Capital Investment Trends At Sheng Siong Group (SGX:OV8) Look Strong

Is Sheng Siong Group Ltd (SGX:OV8) Trading At A 37% Discount?

Apr 05
Is Sheng Siong Group Ltd (SGX:OV8) Trading At A 37% Discount?

Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future

Nov 29
Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future

Sheng Siong Group's (SGX:OV8) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 31
Sheng Siong Group's (SGX:OV8) Shareholders Will Receive A Bigger Dividend Than Last Year

Sheng Siong Group (SGX:OV8) Is Increasing Its Dividend To S$0.031

Apr 28
Sheng Siong Group (SGX:OV8) Is Increasing Its Dividend To S$0.031

Sheng Siong Group's (SGX:OV8) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 25
Sheng Siong Group's (SGX:OV8) Shareholders Will Receive A Bigger Dividend Than Last Year

These 4 Measures Indicate That Sheng Siong Group (SGX:OV8) Is Using Debt Safely

Feb 10
These 4 Measures Indicate That Sheng Siong Group (SGX:OV8) Is Using Debt Safely

Is Now The Time To Put Sheng Siong Group (SGX:OV8) On Your Watchlist?

Dec 29
Is Now The Time To Put Sheng Siong Group (SGX:OV8) On Your Watchlist?

Here's What Sheng Siong Group's (SGX:OV8) Strong Returns On Capital Mean

Dec 06
Here's What Sheng Siong Group's (SGX:OV8) Strong Returns On Capital Mean

Sheng Siong Group (SGX:OV8) Could Easily Take On More Debt

Nov 02
Sheng Siong Group (SGX:OV8) Could Easily Take On More Debt

Sheng Siong Group Ltd's (SGX:OV8) Intrinsic Value Is Potentially 38% Above Its Share Price

May 15
Sheng Siong Group Ltd's (SGX:OV8) Intrinsic Value Is Potentially 38% Above Its Share Price

Returns On Capital - An Important Metric For Sheng Siong Group (SGX:OV8)

Mar 12
Returns On Capital - An Important Metric For Sheng Siong Group (SGX:OV8)

We Think Sheng Siong Group (SGX:OV8) Can Manage Its Debt With Ease

Mar 02
We Think Sheng Siong Group (SGX:OV8) Can Manage Its Debt With Ease

If You Like EPS Growth Then Check Out Sheng Siong Group (SGX:OV8) Before It's Too Late

Feb 16
If You Like EPS Growth Then Check Out Sheng Siong Group (SGX:OV8) Before It's Too Late

Estimating The Intrinsic Value Of Sheng Siong Group Ltd (SGX:OV8)

Feb 03
Estimating The Intrinsic Value Of Sheng Siong Group Ltd (SGX:OV8)

Is There More To The Story Than Sheng Siong Group's (SGX:OV8) Earnings Growth?

Jan 23
Is There More To The Story Than Sheng Siong Group's (SGX:OV8) Earnings Growth?

Do Insiders Own Lots Of Shares In Sheng Siong Group Ltd (SGX:OV8)?

Jan 13
Do Insiders Own Lots Of Shares In Sheng Siong Group Ltd (SGX:OV8)?

Sheng Siong Group Ltd (SGX:OV8) Is Yielding 4.5% - But Is It A Buy?

Jan 03
Sheng Siong Group Ltd (SGX:OV8) Is Yielding 4.5% - But Is It A Buy?

Sheng Siong Group Ltd (SGX:OV8) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Dec 24
Sheng Siong Group Ltd (SGX:OV8) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

How Much is Sheng Siong Group's (SGX:OV8) CEO Getting Paid?

Dec 14
How Much is Sheng Siong Group's (SGX:OV8) CEO Getting Paid?

Sheng Siong Group (SGX:OV8) Knows How To Allocate Capital Effectively

Dec 03
Sheng Siong Group (SGX:OV8) Knows How To Allocate Capital Effectively

Have Insiders Been Buying Sheng Siong Group Ltd (SGX:OV8) Shares This Year?

Nov 24
Have Insiders Been Buying Sheng Siong Group Ltd (SGX:OV8) Shares This Year?

Shareholder Returns

OV8SG Consumer RetailingSG Market
7D-0.7%-1.0%0.5%
1Y-7.9%-25.1%-4.5%

Return vs Industry: OV8 exceeded the SG Consumer Retailing industry which returned -25.1% over the past year.

Return vs Market: OV8 underperformed the SG Market which returned -4.5% over the past year.

Price Volatility

Is OV8's price volatile compared to industry and market?
OV8 volatility
OV8 Average Weekly Movement1.4%
Consumer Retailing Industry Average Movement5.7%
Market Average Movement4.8%
10% most volatile stocks in SG Market13.2%
10% least volatile stocks in SG Market2.2%

Stable Share Price: OV8 has not had significant price volatility in the past 3 months.

Volatility Over Time: OV8's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985n/aHock Chee Limhttps://www.shengsiong.com.sg

Sheng Siong Group Ltd, an investment holding company, operates a chain of supermarket retail stores in Singapore. The company’s stores offer an assortment of live, fresh, and chilled produce, such as seafood, meat, fruits, and vegetables; pantry staples, including rice, noodles, oils, spices, and seasonings; packaged, processed, frozen, and/or preserved food products; baby and personal care products; and beverages, wines, beers, and spirits, as well as general merchandise, including toiletries and essential household products. It is also involved in general trading, and wholesale import and export businesses.

Sheng Siong Group Ltd Fundamentals Summary

How do Sheng Siong Group's earnings and revenue compare to its market cap?
OV8 fundamental statistics
Market capS$2.27b
Earnings (TTM)S$133.65m
Revenue (TTM)S$1.37b

17.0x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OV8 income statement (TTM)
RevenueS$1.37b
Cost of RevenueS$957.19m
Gross ProfitS$410.53m
Other ExpensesS$276.88m
EarningsS$133.65m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.089
Gross Margin30.02%
Net Profit Margin9.77%
Debt/Equity Ratio0%

How did OV8 perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

70%

Payout Ratio

Does OV8 pay a reliable dividends?

See OV8 dividend history and benchmarks
When do you need to buy OV8 by to receive an upcoming dividend?
Sheng Siong Group dividend dates
Ex Dividend DateMay 03 2024
Dividend Pay DateMay 17 2024
Days until Ex dividend45 days
Days until Dividend pay date59 days

Does OV8 pay a reliable dividends?

See OV8 dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.