Bonvests Holdings Limited, an investment holding company, engages in the property development and investment, hotel ownership and management, and waste management and contract cleaning businesses.
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.99|
|52 Week High||S$0.81|
|52 Week Low||S$1.03|
|1 Month Change||1.54%|
|3 Month Change||5.32%|
|1 Year Change||16.47%|
|3 Year Change||-24.43%|
|5 Year Change||-18.52%|
|Change since IPO||63.76%|
Recent News & Updates
Is Bonvests Holdings (SGX:B28) Using Debt In A Risky Way?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
|B28||SG Hospitality||SG Market|
Return vs Industry: B28 underperformed the SG Hospitality industry which returned 18.5% over the past year.
Return vs Market: B28 underperformed the SG Market which returned 21.6% over the past year.
Stable Share Price: B28 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: B28's weekly volatility (5%) has been stable over the past year.
About the Company
Bonvests Holdings Limited, an investment holding company, engages in the property development and investment, hotel ownership and management, and waste management and contract cleaning businesses. The company operates through Rental, Hotel, Industrial, Investment, and Others segments. It owns and manages various commercial and residential properties.
Bonvests Holdings Fundamentals Summary
|B28 fundamental statistics|
Is B28 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|B28 income statement (TTM)|
|Cost of Revenue||S$72.42m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.076|
|Net Profit Margin||-27.41%|
How did B28 perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is Bonvests Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: B28 (SGD0.99) is trading above our estimate of fair value (SGD0.03)
Significantly Below Fair Value: B28 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: B28 is unprofitable, so we can't compare its PE Ratio to the SG Hospitality industry average.
PE vs Market: B28 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 B28's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: B28 is good value based on its PB Ratio (0.5x) compared to the SG Hospitality industry average (0.9x).
How is Bonvests Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer 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 Bonvests 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.
How has Bonvests Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B28 is currently unprofitable.
Growing Profit Margin: B28 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: B28 is unprofitable, and losses have increased over the past 5 years at a rate of 73.1% per year.
Accelerating Growth: Unable to compare B28's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: B28 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (66.5%).
Return on Equity
High ROE: B28 has a negative Return on Equity (-3.63%), as it is currently unprofitable.
How is Bonvests Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: B28's short term assets (SGD71.8M) do not cover its short term liabilities (SGD210.7M).
Long Term Liabilities: B28's short term assets (SGD71.8M) do not cover its long term liabilities (SGD267.0M).
Debt to Equity History and Analysis
Debt Level: B28's debt to equity ratio (46.1%) is considered high.
Reducing Debt: B28's debt to equity ratio has increased from 29.2% to 46.1% over the past 5 years.
Debt Coverage: B28's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: Insufficient data to determine if B28's interest payments on its debt are well covered by EBIT.
What is Bonvests Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: B28's dividend (0.3%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (1.93%).
High Dividend: B28's dividend (0.3%) is low compared to the top 25% of dividend payers in the SG market (5.25%).
Stability and Growth of Payments
Stable Dividend: B28 is not paying a notable dividend for the SG market, therefore no need to check if payments are stable.
Growing Dividend: B28 is not paying a notable dividend for the SG market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: B28 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of B28's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Henry Ngo founded Bonvests Holdings Ltd. in 1982 and serves as its Managing Director. Mr. Ngo is responsible for mapping out the corporate and growth strategy of Bonvests Holdings Limited.He has wide...
Experienced Board: B28's board of directors are not considered experienced ( 0.3 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: B28 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bonvests Holdings Limited's employee growth, exchange listings and data sources
- Name: Bonvests Holdings Limited
- Ticker: B28
- Exchange: SGX
- Founded: 1969
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: S$397.502m
- Shares outstanding: 401.52m
- Website: https://www.bonvests.com.sg
- Bonvests Holdings Limited
- No. 16-00 Liat Towers
- 541 Orchard Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 11:02|
|End of Day Share Price||2021/10/15 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.