SGX:CNE

Stock Analysis Report

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Executive Summary

MindChamps PreSchool Limited owns and operates preschools and enrichment centers in Singapore. More Details


Snowflake Analysis

Undervalued with questionable track record.


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 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CNE's weekly volatility has decreased from 12% to 7% over the past year.


Market Performance


7 Day Return

-3.4%

CNE

-7.8%

SG Consumer Services

1.4%

SG Market


1 Year Return

-29.1%

CNE

20.9%

SG Consumer Services

-3.9%

SG Market

Return vs Industry: CNE underperformed the SG Consumer Services industry which returned 20.7% over the past year.

Return vs Market: CNE underperformed the SG Market which returned -3.9% over the past year.


Shareholder returns

CNEIndustryMarket
7 Day-3.4%-7.8%1.4%
30 Day0%-5.8%1.1%
90 Day-6.7%-5.1%6.0%
1 Year-29.1%-29.1%22.6%20.9%1.2%-3.9%
3 Year-62.2%-62.9%-7.8%-12.6%-8.2%-19.5%
5 Yearn/a-12.5%-19.6%14.9%-6.1%

Long-Term 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

Valuation

Is MindChamps PreSchool undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CNE (SGD0.28) is trading below our estimate of fair value (SGD1.42)

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 (9.9x) compared to the XA Consumer Services industry average (20x).

PE vs Market: CNE is good value based on its PE Ratio (9.9x) compared to the SG market (14.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CNE is good value based on its PB Ratio (1x) compared to the XA Consumer Services industry average (1.7x).


Next Steps

Future Growth

How is MindChamps PreSchool forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.3%

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 MindChamps PreSchool 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 MindChamps PreSchool performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CNE has high quality earnings.

Growing Profit Margin: CNE's current net profit margins (6.1%) are lower than last year (12.9%).


Past Earnings Growth Analysis

Earnings Trend: CNE's earnings have grown by 10.4% per year over the past 5 years.

Accelerating Growth: CNE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CNE had negative earnings growth (-54.2%) over the past year, making it difficult to compare to the Consumer Services industry average (-3.3%).


Return on Equity

High ROE: CNE's Return on Equity (5.1%) 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 (SGD28.9M) do not cover its short term liabilities (SGD32.4M).

Long Term Liabilities: CNE's short term assets (SGD28.9M) do not cover its long term liabilities (SGD55.5M).


Debt to Equity History and Analysis

Debt Level: CNE's debt to equity ratio (54.4%) is considered high.

Reducing Debt: CNE's debt to equity ratio has increased from 0% to 54.4% over the past 5 years.

Debt Coverage: CNE's debt is well covered by operating cash flow (37.4%).

Interest Coverage: Insufficient data to determine if CNE's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is MindChamps PreSchool current dividend yield, its reliability and sustainability?


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 recent payouts.

High Dividend: Unable to evaluate CNE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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?

3.3yrs

Average board tenure


CEO

David Chiem (50 yo)

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

NamePositionTenureCompensationOwnership
Phu An Chiem
Founderno datano data0.79%
SGD 534.9k
Suan Hiang Lee
Independent Director3.25yrsno datano data
Catherine Du
Non-Independent Non-Executive Director10.67yrsno data0.71%
SGD 478.9k
Sung Sung Wu
Non-Independent Non-Executive Director6.5yrsno datano data
Chin Chor Phua
Independent Director3.25yrsno datano data
Ser Luck Teo
Lead Independent Director0.17yrno datano data

3.3yrs

Average Tenure

51yo

Average Age

Experienced Board: CNE's board of directors are considered experienced (3.3 years average tenure).


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$67.648m
  • Shares outstanding: 241.60m
  • Website: https://www.mindchamps.org

Number of Employees


Location

  • MindChamps PreSchool Limited
  • 6 Raffles Boulevard
  • No. 04-100 Marina Square
  • Singapore
  • 39594
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNESGX (Singapore Exchange)YesOrdinary SharesSGSGDNov 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 offers childcare, educa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 11:05
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.