SGX:G13

Stock Analysis Report

Executive Summary

Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asia.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Genting Singapore's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.6%

G13

-0.4%

SG Hospitality

-1.2%

SG Market


1 Year Return

-15.4%

G13

-17.0%

SG Hospitality

-2.4%

SG Market

G13 outperformed the Hospitality industry which returned -17% over the past year.

G13 underperformed the Market in Singapore which returned -2.4% over the past year.


Share holder returns

G13IndustryMarket
7 Day0.6%-0.4%-1.2%
30 Day2.3%0.9%0.5%
90 Day-1.6%-5.6%-4.5%
1 Year-12.2%-15.4%-14.1%-17.0%1.5%-2.4%
3 Year34.7%20.7%22.1%10.7%16.1%3.6%
5 Year-9.6%-21.3%-7.3%-19.9%9.2%-8.9%

Price Volatility Vs. Market

How volatile is Genting Singapore's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Genting Singapore undervalued based on future cash flows and its price relative to the stock market?

10%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Genting Singapore's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Genting Singapore's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Genting Singapore is good value based on earnings compared to the SG Hospitality industry average.

Genting Singapore is overvalued based on earnings compared to the Singapore market.


Price Based on Expected Growth

Genting Singapore is poor value based on expected growth next year.


Price Based on Value of Assets

Genting Singapore is overvalued based on assets compared to the SG Hospitality industry average.


Next Steps

Future Growth

How is Genting Singapore expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

0.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Genting Singapore's revenue is expected to grow by 1.9% yearly, however this is not considered high growth (20% yearly).

Genting Singapore's earnings are expected to grow by 0.9% yearly, however this is not considered high growth (20% yearly).

Genting Singapore's revenue growth is positive but not above the Singapore market average.

Genting Singapore's earnings growth is positive but not above the Singapore market average.

Genting Singapore's earnings growth is positive but not above the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Genting Singapore is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Genting Singapore performed over the past 5 years?

19.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Genting Singapore's year on year earnings growth rate has been positive over the past 5 years.

Genting Singapore's 1-year earnings growth is less than its 5-year average (9.4% vs 19.7%)

Genting Singapore's earnings growth has exceeded the SG Hospitality industry average in the past year (9.4% vs -10.9%).


Return on Equity

Genting Singapore has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Genting Singapore used its assets more efficiently than the SG Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

Genting Singapore has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Genting Singapore's financial position?


Financial Position Analysis

Genting Singapore is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Genting Singapore's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Genting Singapore's level of debt (3.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (19.7% vs 3.2% today).

Debt is well covered by operating cash flow (449.6%, greater than 20% of total debt).

Genting Singapore earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 15.3x debt.


Next Steps

Dividend

What is Genting Singapore's current dividend yield, its reliability and sustainability?

4.09%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Genting Singapore's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.52%).

Genting Singapore's dividend is below the markets top 25% of dividend payers in Singapore (5.66%).

Genting Singapore has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Genting Singapore only paid a dividend in the past 8 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.6x coverage).


Next Steps

Management

What is the CEO of Genting Singapore's salary, the management and board of directors tenure and is there insider trading?

9.6yrs

Average management tenure


CEO

Genting Singapore has no CEO, or we have no data on them.


Management Age and Tenure

9.6yrs

Average Tenure

63yo

Average Age

The average tenure for the Genting Singapore management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

6.0yrs

Average Tenure

63yo

Average Age

The tenure for the Genting Singapore board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellS$116,25013 May 19
Seow Koh
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares125,000
Max PriceS$0.93

Ownership Breakdown


Management Team

  • Kok Thay Lim (67yo)

    Executive Chairman

    • Tenure: 25.8yrs
  • Hee Teck Tan (63yo)

    President

    • Tenure: 9.6yrs
  • Shi Ruh Lee (51yo)

    Chief Financial Officer

    • Tenure: 9.7yrs
  • On Nam Lee

    Executive Officer

    • Tenure: 0yrs
  • Jason Horkin

    Executive Officer

    • Tenure: 0yrs
  • Jason Pearce

    Executive Officer

    • Tenure: 0yrs
  • Lan Hing Liew

    Company Secretary

    • Tenure: 1.4yrs
  • Mark Chee

    Senior Vice President of Legal & Compliance - RWS

    • Tenure: 0yrs
  • Nanami Kasasaki

    Chief Corporate Officer

    • Tenure: 0yrs
  • Alan Teo

    Assistant Chief Operating Officer - RWS

    • Tenure: 0yrs

Board Members

  • Kok Thay Lim (67yo)

    Executive Chairman

    • Tenure: 25.8yrs
  • Hee Teck Tan (63yo)

    President

    • Tenure: 9.6yrs
  • Seow Koh (80yo)

    Independent Non-Executive Director

    • Tenure: 11.3yrs
  • Jonathan Asherson (63yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
  • Wah Tan (58yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
  • Carolina Chan (57yo)

    Lead Independent Director

    • Tenure: 0.4yrs

Company Information

Genting Singapore Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Genting Singapore Limited
  • Ticker: G13
  • Exchange: SGX
  • Founded: 1984
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: S$10.912b
  • Shares outstanding: 12.06b
  • Website: https://www.gentingsingapore.com

Number of Employees


Location

  • Genting Singapore Limited
  • 10 Sentosa Gateway
  • Resorts World Sentosa
  • Singapore
  • 98270
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
G13SGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 1992
GIGN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
36TDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
GIGN.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDNov 2008

Biography

Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asia. Its integrated resort destinations comprise gaming, hospitality, MICE, leisure, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 12:43
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.