Market Cap
S$427.5m
Last Updated
2020/11/27 11:10 UTC
Data Sources
Company Financials
Executive Summary
Straco Corporation Limited, together with its subsidiaries, develops and manages tourism-related businesses in Singapore and the People’s Republic of China. More Details
Snowflake Analysis
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Straco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S85 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: S85's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.0%
S85
2.5%
SG Hospitality
3.2%
SG Market
1 Year Return
-24.4%
S85
-11.0%
SG Hospitality
-13.7%
SG Market
Return vs Industry: S85 underperformed the SG Hospitality industry which returned -11% over the past year.
Return vs Market: S85 underperformed the SG Market which returned -13.7% over the past year.
Shareholder returns
| S85 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 2.5% | 3.2% |
| 30 Day | 3.0% | 13.6% | 11.8% |
| 90 Day | 4.1% | 12.3% | 9.8% |
| 1 Year | -20.7%-24.4% | -6.2%-11.0% | -8.9%-13.7% |
| 3 Year | -31.2%-39.3% | -23.7%-31.7% | -11.0%-22.1% |
| 5 Year | -28.5%-40.7% | 16.1%-2.2% | 10.8%-9.7% |
Long-Term Price Volatility Vs. Market
How volatile is Straco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Straco (SGX:S85) A Risky Investment?3 weeks ago | Simply Wall St
Returns On Capital At Straco (SGX:S85) Paint An Interesting Picture1 month ago | Simply Wall St
How Much Does Straco's (SGX:S85) CEO Make?Valuation
Is Straco undervalued compared to its fair value and its price relative to the market?
31.6x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: S85 (SGD0.51) is trading above our estimate of fair value (SGD0.24)
Significantly Below Fair Value: S85 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: S85 is good value based on its PE Ratio (31.6x) compared to the SG Hospitality industry average (33.9x).
PE vs Market: S85 is poor value based on its PE Ratio (31.6x) compared to the SG market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate S85's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: S85 is overvalued based on its PB Ratio (1.7x) compared to the SG Hospitality industry average (0.7x).
Next Steps
Future Growth
How is Straco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
77.0%
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 Straco 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
- Examine Straco's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Straco 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 Straco performed over the past 5 years?
-8.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S85 has high quality earnings.
Growing Profit Margin: S85's current net profit margins (21.7%) are lower than last year (36.9%).
Past Earnings Growth Analysis
Earnings Trend: S85's earnings have declined by 8.2% per year over the past 5 years.
Accelerating Growth: S85's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: S85 had negative earnings growth (-69%) over the past year, making it difficult to compare to the Hospitality industry average (-50.7%).
Return on Equity
High ROE: S85's Return on Equity (5.2%) is considered low.
Next Steps
Financial Health
How is Straco's financial position?
Financial Position Analysis
Short Term Liabilities: S85's short term assets (SGD196.3M) exceed its short term liabilities (SGD34.6M).
Long Term Liabilities: S85's short term assets (SGD196.3M) exceed its long term liabilities (SGD87.5M).
Debt to Equity History and Analysis
Debt Level: S85's debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: S85's debt to equity ratio has reduced from 39.4% to 8.3% over the past 5 years.
Debt Coverage: S85's debt is well covered by operating cash flow (62.2%).
Interest Coverage: S85 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Straco current dividend yield, its reliability and sustainability?
4.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: S85's dividend (4.9%) is higher than the bottom 25% of dividend payers in the SG market (2.37%).
High Dividend: S85's dividend (4.9%) is low compared to the top 25% of dividend payers in the SG market (5.17%).
Stability and Growth of Payments
Stable Dividend: S85's dividends per share have been stable in the past 10 years.
Growing Dividend: S85's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (154.9%), S85's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Hsioh Kwang Wu
no data
Tenure
S$1,473,000
Compensation
Mr. Hsioh Kwang Wu serves as the Chief Executive Officer of Straco Corporation Limited., and has been its Executive Chairman since March 2003. Mr. Wu is responsible for the overall strategic directions and...
CEO Compensation Analysis
Compensation vs Market: Hsioh Kwang's total compensation ($USD1.10M) is above average for companies of similar size in the SG market ($USD642.41K).
Compensation vs Earnings: Hsioh Kwang's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | no data | S$1.47m | 1.04% SGD 4.4m | |
| Senior Vice President of Corporate Development & Risk Management | 6.42yrs | S$250.00k | 3.23% SGD 13.8m | |
| Senior VP & Assistant to Executive Chairman | 6.42yrs | S$279.00k | 4.12% SGD 17.6m | |
| CFO and Senior VP of Finance & Administration | no data | no data | no data | |
| Senior Vice President of Cable Car Operations - China | 4.5yrs | no data | no data | |
| Senior Vice President of Operations - China | no data | no data | no data | |
| Senior VP & Assistant to Executive Chairman | no data | no data | 0.19% SGD 817.8k | |
| Company Secretary | no data | no data | no data | |
| VP of Technical - China | 4.5yrs | no data | no data | |
| VP - Operations - Singapore and GM - Singapore Flyer (SF) - Straco Leisure Pte Ltd | 5.83yrs | no data | no data |
4.5yrs
Average Tenure
39yo
Average Age
Experienced Management: S85's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | no data | S$1.47m | 1.04% SGD 4.4m | |
| Senior Vice President of Corporate Development & Risk Management | 6.42yrs | S$250.00k | 3.23% SGD 13.8m | |
| Senior VP & Assistant to Executive Chairman | 6.42yrs | S$279.00k | 4.12% SGD 17.6m | |
| Independent Director | 9.5yrs | S$87.00k | 0.14% SGD 612.0k | |
| Lead Independent Director | 6.67yrs | S$102.00k | 0.25% SGD 1.1m | |
| Independent Director | 4.58yrs | S$81.00k | no data | |
| Non-Executive Director | 10.42yrs | S$65.00k | 1.38% SGD 5.9m | |
| Non-Executive Independent Director | 1.33yrs | S$26.00k | no data | |
| Non-Executive Director | 8.08yrs | S$54.00k | 0.039% SGD 165.0k |
6.7yrs
Average Tenure
51yo
Average Age
Experienced Board: S85's board of directors are considered experienced (6.7 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
Straco Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Straco Corporation Limited
- Ticker: S85
- Exchange: SGX
- Founded: 2002
- Industry: Leisure Facilities
- Sector: Consumer Services
- Market Cap: S$427.548m
- Shares outstanding: 855.10m
- Website: https://www.stracocorp.com
Number of Employees
Location
- Straco Corporation Limited
- No. 30-15 International Plaza
- 10 Anson Road
- Singapore
- 79903
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| S85 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Feb 2004 |
Biography
Straco Corporation Limited, together with its subsidiaries, develops and manages tourism-related businesses in Singapore and the People’s Republic of China. It operates in two segments, Aquariums and Giant...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 11:10 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/06/30 |
| 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.