MindChamps PreSchool
Market Cap
S$59.2m
Last Updated
2020/03/28 13:19 UTC
Data Sources
Company Financials +
Executive Summary
MindChamps PreSchool Limited owns and operates preschools and enrichment centers in Singapore.
Rewards
Risk Analysis
Snowflake Analysis
Good value with moderate growth potential.
Similar Companies
Share Price & News
How has MindChamps PreSchool's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CNE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
8.9%
CNE
4.8%
SG Consumer Services
4.9%
SG Market
1 Year Return
-63.4%
CNE
5.0%
SG Consumer Services
-23.8%
SG Market
Return vs Industry: CNE underperformed the SG Consumer Services industry which returned 5.1% over the past year.
Return vs Market: CNE underperformed the SG Market which returned -23.8% over the past year.
Shareholder returns
| CNE | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.9% | 4.8% | 4.9% |
| 30 Day | -41.7% | -23.1% | -20.2% |
| 90 Day | -46.2% | -0.6% | -23.5% |
| 1 Year | -62.7%-63.4% | 6.9%5.0% | -20.5%-23.8% |
| 3 Year | n/a | -12.7%-17.1% | -17.1%-25.9% |
| 5 Year | n/a | -23.1%-30.1% | -15.3%-29.8% |
Price Volatility Vs. Market
How volatile is MindChamps PreSchool's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Does MindChamps PreSchool's (SGX:CNE) P/E Compare To Its Industry, After The Share Price Drop?1 month ago | Simply Wall St
Is MindChamps PreSchool Limited's (SGX:CNE) High P/E Ratio A Problem For Investors?1 month ago | Simply Wall St
Should We Be Cautious About MindChamps PreSchool Limited's (SGX:CNE) ROE Of 8.3%?Valuation
Is MindChamps PreSchool undervalued compared to its fair value and its price relative to the market?
33.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CNE (SGD0.25) is trading below our estimate of fair value (SGD0.37)
Significantly Below Fair Value: CNE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CNE is good value based on its PE Ratio (8.5x) compared to the Consumer Services industry average (15x).
PE vs Market: CNE is good value based on its PE Ratio (8.5x) compared to the SG market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: CNE is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: CNE is overvalued based on its PB Ratio (0.9x) compared to the SG Consumer Services industry average (0.8x).
Next Steps
Future Growth
How is MindChamps PreSchool forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
5.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNE's forecast earnings growth (5.2% per year) is above the savings rate (1.8%).
Earnings vs Market: CNE's earnings (5.2% per year) are forecast to grow faster than the SG market (5% per year).
High Growth Earnings: CNE's earnings are forecast to grow, but not significantly.
Revenue vs Market: CNE's revenue (10.3% per year) is forecast to grow faster than the SG market (4.1% per year).
High Growth Revenue: CNE's revenue (10.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CNE's Return on Equity is forecast to be low in 3 years time (6.5%).
Next Steps
Past Performance
How has MindChamps PreSchool performed over the past 5 years?
13.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNE has high quality earnings.
Growing Profit Margin: CNE's current net profit margins (12.9%) are lower than last year (17.3%).
Past Earnings Growth Analysis
Earnings Trend: CNE's earnings have grown by 13.6% per year over the past 5 years.
Accelerating Growth: CNE's earnings growth over the past year (8.5%) is below its 5-year average (13.6% per year).
Earnings vs Industry: CNE earnings growth over the past year (8.5%) underperformed the Consumer Services industry 10.7%.
Return on Equity
High ROE: CNE's Return on Equity (11.1%) is considered low.
Next Steps
Financial Health
How is MindChamps PreSchool's financial position?
Financial Position Analysis
Short Term Liabilities: CNE's short term assets (SGD27.3M) do not cover its short term liabilities (SGD35.4M).
Long Term Liabilities: CNE's short term assets (SGD27.3M) do not cover its long term liabilities (SGD57.9M).
Debt to Equity History and Analysis
Debt Level: CNE's debt to equity ratio (66%) is considered high.
Reducing Debt: CNE's debt to equity ratio has increased from 0% to 66% over the past 5 years.
Debt Coverage: CNE's debt is well covered by operating cash flow (20.6%).
Interest Coverage: CNE's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
Inventory Level: CNE has a high level of physical assets or inventory.
Debt Coverage by Assets: CNE's debt is not covered by short term assets (assets are 0.7x debt).
Next Steps
Dividend
What is MindChamps PreSchool's current dividend yield, its reliability and sustainability?
1.36%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CNE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CNE'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 CNE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CNE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CNE is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CNE's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average board tenure
CEO
David Chiem (49yo)
no data
Tenure
Mr. Phu An Chiem, also known as David, founded MindChamps Holdings Pte. Limited and MindChamps PreSchool Limited and serves as its Chairman and Group Chief Executive Officer and has been its Director sinc ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 0.79% SGD468.1k | |
| Independent Director | 2.33yrs | no data | no data | |
| Lead Independent Director | 2.33yrs | no data | no data | |
| Non-Independent Non-Executive Director | 9.75yrs | no data | 0.71% SGD419.1k | |
| Non-Independent Non-Executive Director | 5.58yrs | no data | no data | |
| Independent Director | 2.33yrs | no data | no data |
2.3yrs
Average Tenure
52.5yo
Average Age
Experienced Board: CNE's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
MindChamps PreSchool Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: MindChamps PreSchool Limited
- Ticker: CNE
- Exchange: SGX
- Founded: 2008
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: S$59.192m
- Shares outstanding: 241.60m
- Website: https://www.mindchamps.org/preschool
Number of Employees
Location
- MindChamps PreSchool Limited
- 6 Raffles Boulevard
- No. 04-100 Marina Square
- Singapore
- 39594
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CNE | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Nov 2017 |
Biography
MindChamps PreSchool Limited owns and operates preschools and enrichment centers in Singapore. The company operates through Education, Franchise & Corporate, and Others segments. It provides infant care and bilingual academic programs, nursery, and kindergarten services. The company owns, operates, and franchises infant care centers for children from 2 to 18 months old; preschools for children from 18 months to 6 years old; and enrichment centers that offer reading and writing programs for children between 3 to 10 years old, as well as enrichment programs for children in the areas of neuroscience, child psychology, and theatre. It also operates commercial schools offering higher education programs. In addition, the company offers administrative support services; business and management consulting services; and asset management services. It also has preschools and enrichment centers in Australia, Abu Dhabi, Dubai, the Philippines, Vietnam, and Myanmar. The company was formerly known as MindChamps Preschool (Worldwide) Pte. Limited and changed its name to MindChamps PreSchool Limited in November 2017. MindChamps PreSchool Limited was founded in 2008 is headquartered in Singapore.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/28 13:19 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.