Raffles Education
Market Cap
S$182.0m
Last Updated
2021/01/16 11:16 UTC
Data Sources
Company Financials
Executive Summary
Raffles Education Corporation Limited, an investment holding company, provides education and related services in ASEAN, North Asia, South Asia, Australasia, and Europe. More Details
Snowflake Analysis
Overvalued with worrying balance sheet.
Share Price & News
How has Raffles Education's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NR7 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NR7's weekly volatility has decreased from 10% to 5% over the past year.
Market Performance
7 Day Return
0.8%
NR7
-2.9%
SG Consumer Services
1.4%
SG Market
1 Year Return
61.0%
NR7
17.9%
SG Consumer Services
-10.9%
SG Market
Return vs Industry: NR7 exceeded the SG Consumer Services industry which returned 18.2% over the past year.
Return vs Market: NR7 exceeded the SG Market which returned -10.9% over the past year.
Shareholder returns
| NR7 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | -2.9% | 1.4% |
| 30 Day | -1.5% | -6.0% | 5.4% |
| 90 Day | -2.2% | -4.0% | 17.3% |
| 1 Year | 61.0%61.0% | 19.7%17.9% | -6.1%-10.9% |
| 3 Year | -46.9%-52.0% | -1.3%-6.8% | -9.4%-20.5% |
| 5 Year | -36.5%-42.6% | -12.3%-19.5% | 27.3%3.9% |
Long-Term Price Volatility Vs. Market
How volatile is Raffles Education's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Raffles Education Corporation Limited (SGX:NR7) Insiders Increased Their Holdings1 month ago | Simply Wall St
Could The Raffles Education Corporation Limited (SGX:NR7) Ownership Structure Tell Us Something Useful?2 months ago | Simply Wall St
Can You Imagine How Raffles Education's (SGX:NR7) Shareholders Feel About The 74% Share Price Increase?Valuation
Is Raffles Education undervalued compared to its fair value and its price relative to the market?
0.29x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NR7's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NR7's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NR7 is unprofitable, so we can't compare its PE Ratio to the XA Consumer Services industry average.
PE vs Market: NR7 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 NR7's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NR7 is good value based on its PB Ratio (0.3x) compared to the XA Consumer Services industry average (1.7x).
Next Steps
Future Growth
How is Raffles Education forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
34.3%
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 Raffles Education 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
- Take a look at our analysis of NR7’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Raffles Education competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
Past Performance
How has Raffles Education performed over the past 5 years?
22.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NR7 is currently unprofitable.
Growing Profit Margin: NR7 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NR7 is unprofitable, but has reduced losses over the past 5 years at a rate of 22.2% per year.
Accelerating Growth: Unable to compare NR7's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NR7 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (-3.3%).
Return on Equity
High ROE: NR7 has a negative Return on Equity (-2.1%), as it is currently unprofitable.
Next Steps
Financial Health
How is Raffles Education's financial position?
Financial Position Analysis
Short Term Liabilities: NR7's short term assets (SGD137.4M) do not cover its short term liabilities (SGD234.3M).
Long Term Liabilities: NR7's short term assets (SGD137.4M) do not cover its long term liabilities (SGD257.9M).
Debt to Equity History and Analysis
Debt Level: NR7's debt to equity ratio (50%) is considered high.
Reducing Debt: NR7's debt to equity ratio has reduced from 59.3% to 50% over the past 5 years.
Debt Coverage: NR7's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: Insufficient data to determine if NR7's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Raffles Education current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NR7's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NR7'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 NR7's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NR7's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NR7 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NR7'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?
15.2yrs
Average management tenure
CEO
Hua Seng Chew (66 yo)
no data
Tenure
Mr. Hua Seng Chew is the Founder of Raffles Education Corporation Limited and serves as its Chairman of the Board and Chief Executive Officer. Mr. Chew has been Non-Executive Chairman and Non-Executive Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 26.14% SGD 47.6m | |
| Chief Financial Officer | 18yrs | no data | no data | |
| Director of HR | 16.75yrs | no data | no data | |
| Company Secretary | 13.67yrs | no data | no data | |
| Vice President of Indochina Operations and Chief Executive Officer of Raffles University Sri Lanka | no data | no data | no data | |
| President of Raffles University Iskandar & VP of Raffles University System | no data | no data | no data | |
| President-Raffles University Sri Lanka and Principal-Raffles College of Design & Commerce - Sydney | 5.17yrs | no data | no data | |
| Director of Raffles University Iskandar/Raffles American School | no data | no data | 7.44% SGD 13.5m |
15.2yrs
Average Tenure
Experienced Management: NR7's management team is seasoned and experienced (15.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 26.14% SGD 47.6m | |
| Non-Independent & Non-Executive Director | 2.17yrs | no data | no data | |
| Independent Non Executive Director | 12.25yrs | no data | 0.026% SGD 47.7k | |
| Lead Independent Non Executive Director | 2.83yrs | no data | no data | |
| Independent Non-Executive Director | 2.75yrs | no data | no data |
2.8yrs
Average Tenure
66yo
Average Age
Experienced Board: NR7's board of directors are not considered experienced ( 2.8 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Raffles Education Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Raffles Education Corporation Limited
- Ticker: NR7
- Exchange: SGX
- Founded: 1990
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: S$181.983m
- Shares outstanding: 1.38b
- Website: https://raffles.education
Number of Employees
Location
- Raffles Education Corporation Limited
- Raffles Education Square
- 51 Merchant Road
- Singapore
- 58283
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RFLF.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 2002 |
| NR7 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jan 2002 |
| O2KC | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Jan 2002 |
| RFLF.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Nov 2008 |
Biography
Raffles Education Corporation Limited, an investment holding company, provides education and related services in ASEAN, North Asia, South Asia, Australasia, and Europe. It operates through Education, Educa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 11:16 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.