SGX:5EC

Stock Analysis Report

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Executive Summary

Reenova Investment Holding Limited, an investment holding company, engages in the prospection, research and mining, and exploration of rare earth minerals, and provision of consultancy services in Singapore, Germany, and Mauritius. More Details


Snowflake Analysis

Mediocre 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

Stable Share Price: 5EC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-25.0%

5EC

-0.7%

SG Capital Markets

-0.04%

SG Market


1 Year Return

50.0%

5EC

14.1%

SG Capital Markets

-21.7%

SG Market

Return vs Industry: 5EC exceeded the SG Capital Markets industry which returned 14.7% over the past year.

Return vs Market: 5EC exceeded the SG Market which returned -21.4% over the past year.


Shareholder returns

5ECIndustryMarket
7 Day-25.0%-0.7%-0.04%
30 Day0%2.7%1.6%
90 Day50.0%10.0%-2.2%
1 Year50.0%50.0%18.0%14.1%-17.4%-21.7%
3 Year-40.0%-40.0%33.0%19.2%-19.9%-29.6%
5 Year-57.1%-57.1%41.6%18.8%-5.1%-22.4%

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?

0.69x

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 XA 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's PB Ratio (0.7x) is in line with the SG Capital Markets industry average.


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?

12.9%

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?

24.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5EC is currently unprofitable.

Growing Profit Margin: 5EC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 5EC is unprofitable, but has reduced losses over the past 5 years at a rate of 24.8% 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 (17%).


Return on Equity

High ROE: 5EC has a negative Return on Equity (-27.46%), as it is currently unprofitable.


Next Steps

Financial Health

How is Reenova Investment Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 5EC's short term assets (SGD244.6K) do not cover its short term liabilities (SGD7.2M).

Long Term Liabilities: 5EC's short term assets (SGD244.6K) do not cover its long term liabilities (SGD6.1M).


Debt to Equity History and Analysis

Debt Level: 5EC's debt to equity ratio (10%) is considered satisfactory.

Reducing Debt: 5EC's debt to equity ratio has increased from 4.2% to 10% over the past 5 years.


Balance Sheet


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 sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: 5EC is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate 5EC'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 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

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average board tenure


CEO

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


Board Members

NamePositionTenureCompensationOwnership
Tong Chen
Executive Chairman3.92yrsno data12.77%
SGD 2.2m
Ka Shao Lee
Independent Non-Executive Director3.75yrsno data0.21%
SGD 36.6k
Chen Hsin Lin
Independent Non-Executive Director3.58yrsno data0.18%
SGD 31.3k

3.8yrs

Average Tenure

55yo

Average Age

Experienced Board: 5EC's board of directors are considered experienced (3.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.8%.


Top Shareholders

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$17.296m
  • Shares outstanding: 5.77b
  • Website: https://www.reenovagroup.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, engages in the prospection, research and mining, and exploration of rare earth minerals, and provision of consultancy services in Singapor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 12:47
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.