SGX:5EC

Stock Analysis Report

Executive Summary

Reenova Investment Holding Limited, an investment holding company, provides private equity investment, investment advisory, and business consultancy services in Singapore, Germany, and Mauritius.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Reenova Investment Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

5EC

-1.9%

SG Capital Markets

-0.002%

SG Market


1 Year Return

0%

5EC

14.5%

SG Capital Markets

0.6%

SG Market

Return vs Industry: 5EC underperformed the SG Capital Markets industry which returned 14.5% over the past year.

Return vs Market: 5EC matched the SG Market which returned 0.6% over the past year.


Shareholder returns

5ECIndustryMarket
7 Day0%-1.9%-0.002%
30 Day0%-2.0%-1.5%
90 Day50.0%2.3%-6.8%
1 Year0%0%19.1%14.5%4.7%0.6%
3 Year-99.0%-99.0%24.5%11.0%15.1%2.7%
5 Year-94.0%-94.0%31.8%8.6%10.1%-8.2%

Price Volatility Vs. Market

How volatile is Reenova Investment Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Reenova Investment Holding undervalued compared to its fair value and its price relative to the market?

1.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 5EC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 5EC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 5EC is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: 5EC 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 5EC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5EC is overvalued based on its PB Ratio (1.6x) compared to the SG Capital Markets industry average (1.2x).


Next Steps

Future Growth

How is Reenova Investment Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.2%

Forecasted Diversified Financials 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 Reenova Investment Holding 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 Reenova Investment Holding performed over the past 5 years?

58.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 5EC is unprofitable, but has reduced losses over the past 5 years at a rate of 58% per year.

Accelerating Growth: Unable to compare 5EC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 5EC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-16.5%).


Return on Equity

High ROE: 5EC has a negative Return on Equity (-48.3%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 5EC is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 5EC is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Reenova Investment Holding's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 5EC has a low level of unsold assets or inventory.

Debt Coverage by Assets: 5EC's debt is not covered by short term assets (assets are 0.5x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 5EC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 5EC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -28% each year


Financial Institutions Analysis

Asset Level: 5EC's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if 5EC has a sufficient allowance for bad loans.

Low Risk Liabilities: 5EC reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 5EC has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 5EC has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 5EC has an appropriate level of bad loans.


Next Steps

Dividend

What is Reenova Investment Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.6%markettop25%5.7%industryaverage3.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 5EC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 5EC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 5EC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5EC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 5EC's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

What is the CEO of Reenova Investment Holding's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average board tenure


CEO

Reenova Investment Holding has no CEO, or we have no data on them.


Board Age and Tenure

2.8yrs

Average Tenure

51.5yo

Average Age

Experienced Board: 5EC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellS$71,99719 Aug 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares24,000,000
Max PriceS$0.003
SellS$15,54426 Jul 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares5,182,000
Max PriceS$0.003
SellS$60,99217 Jul 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares20,331,000
Max PriceS$0.003
SellS$429,37716 Jul 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares143,155,300
Max PriceS$0.003
SellS$119,96321 Jun 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares40,000,100
Max PriceS$0.003
SellS$13,16806 Jun 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares4,390,000
Max PriceS$0.003
SellS$267,56331 May 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares89,200,100
Max PriceS$0.003
SellS$70,49730 May 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares23,500,000
Max PriceS$0.003
SellS$196,02029 May 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares65,350,100
Max PriceS$0.003
SellS$198,43228 May 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares66,148,000
Max PriceS$0.003
SellS$79,47623 May 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares26,500,100
Max PriceS$0.003
SellS$75,02517 Apr 19
Value Capital Asset Management Private Ltd
EntityCompany
Shares25,008,500
Max PriceS$0.003

Ownership Breakdown


Management Team

  • Vincent Lee (46yo)

    Group Financial Controller & Company Secretary

    • Tenure: 0yrs
  • Tong Chen (54yo)

    Executive Chairman

    • Tenure: 2.9yrs
  • Joanna Lim

    Company Secretary

    • Tenure: 0.7yrs

Board Members

  • Ka Shao Lee (49yo)

    Independent Non-Executive Director

    • Tenure: 2.8yrs
  • Guo Weiwen Kwok (46yo)

    Lead Independent Director

    • Tenure: 5.9yrs
  • Tong Chen (54yo)

    Executive Chairman

    • Tenure: 2.9yrs
  • Chen Hsin Lin (75yo)

    Independent Non-Executive Director

    • Tenure: 2.6yrs

Company Information

Reenova Investment Holding Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Reenova Investment Holding Limited
  • Ticker: 5EC
  • Exchange: SGX
  • Founded: 2000
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: S$13.322m
  • Shares outstanding: 4.44b
  • Website: https://www.isrcap.com

Location

  • Reenova Investment Holding Limited
  • 83 Clemenceau Avenue
  • No. 10-03 UE Square
  • Singapore
  • 239920
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5ECSGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 2004

Biography

Reenova Investment Holding Limited, an investment holding company, provides private equity investment, investment advisory, and business consultancy services in Singapore, Germany, and Mauritius. The compa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 12:37
End of Day Share Price2019/10/18 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.