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S23

Singapura FinanceSGX:S23 Stock Report

Market Cap

S$130.9m

7D

1.8%

1Y

7.0%

Updated

26 Oct, 2021

Data

Company Financials
S23 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends1/6

S23 Overview

Singapura Finance Ltd engages in the financing business in Singapore.

Price History & Performance

Summary of all time highs, changes and price drops for Singapura Finance
Historical stock prices
Current Share PriceS$0.84
52 Week HighS$0.78
52 Week LowS$0.91
Beta0.51
1 Month Change4.97%
3 Month Change1.20%
1 Year Change6.96%
3 Year Change-7.14%
5 Year Change-3.98%
Change since IPO-47.19%

Recent News & Updates

Shareholder Returns

S23SG Consumer FinanceSG Market
7D1.8%-1.2%-0.05%
1Y7.0%61.2%23.5%

Return vs Industry: S23 underperformed the SG Consumer Finance industry which returned 61.6% over the past year.

Return vs Market: S23 underperformed the SG Market which returned 22.7% over the past year.

Price Volatility

Is S23's price volatile compared to industry and market?
S23 volatility
S23 Beta0.51
Industry Beta1.06
Market Beta1

Stable Share Price: Insufficient data to determine S23's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine S23's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1950105Jamie Teohttps://www.singapurafinance.com.sg

Singapura Finance Ltd engages in the financing business in Singapore. The company offers savings and fixed deposits; business accounts; and mortgage/HDB, car, pleasure craft, gold share, and wise share loans; and commercial and industrial property, equipment and machinery, inventory, property development, commercial vehicle, vessel, and enterprise financing services. It also provides block discounting, business overdrafts, safe deposit boxes, and SMS banking services.

Singapura Finance Fundamentals Summary

How do Singapura Finance's earnings and revenue compare to its market cap?
S23 fundamental statistics
Market CapS$130.92m
Earnings (TTM)S$7.73m
Revenue (TTM)S$20.18m

17.4x

P/E Ratio

6.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
S23 income statement (TTM)
RevenueS$20.18m
Cost of RevenueS$0
Gross ProfitS$20.18m
ExpensesS$12.45m
EarningsS$7.73m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.049
Gross Margin100.00%
Net Profit Margin38.30%
Debt/Equity Ratio0.0%

How did S23 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

31%

Payout Ratio

Valuation

Is Singapura Finance undervalued compared to its fair value and its price relative to the market?

17.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: S23 (SGD0.83) is trading above our estimate of fair value (SGD0.15)

Significantly Below Fair Value: S23 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: S23 is poor value based on its PE Ratio (16.9x) compared to the Asian Consumer Finance industry average (13.8x).

PE vs Market: S23 is poor value based on its PE Ratio (16.9x) compared to the SG market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate S23's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: S23 is good value based on its PB Ratio (0.5x) compared to the XA Consumer Finance industry average (1x).


Future Growth

How is Singapura Finance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.8%

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 Singapura Finance 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.


Past Performance

How has Singapura Finance performed over the past 5 years?

9.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: S23 has a high level of non-cash earnings.

Growing Profit Margin: S23's current net profit margins (38.3%) are higher than last year (22.4%).


Past Earnings Growth Analysis

Earnings Trend: S23's earnings have grown by 9.2% per year over the past 5 years.

Accelerating Growth: S23's earnings growth over the past year (102%) exceeds its 5-year average (9.2% per year).

Earnings vs Industry: S23 earnings growth over the past year (102%) exceeded the Consumer Finance industry 14.5%.


Return on Equity

High ROE: S23's Return on Equity (3%) is considered low.


Financial Health

How is Singapura Finance's financial position?


Financial Position Analysis

Short Term Liabilities: S23's short term assets (SGD1.0B) exceed its short term liabilities (SGD927.4M).

Long Term Liabilities: S23's short term assets (SGD1.0B) exceed its long term liabilities (SGD1.6M).


Debt to Equity History and Analysis

Debt Level: S23 is debt free.

Reducing Debt: S23 has not had any debt for past 5 years.

Debt Coverage: S23 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: S23 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Singapura Finance current dividend yield, its reliability and sustainability?

1.78%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: S23's dividend (1.82%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (1.94%).

High Dividend: S23's dividend (1.82%) is low compared to the top 25% of dividend payers in the SG market (5.21%).


Stability and Growth of Payments

Stable Dividend: S23's dividend payments have been volatile in the past 10 years.

Growing Dividend: S23's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.8%), S23's dividend payments are 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?

14.2yrs

Average management tenure


CEO

Jamie Teo (48 yo)

14.08yrs

Tenure

Mr. Miang Yeow Teo, also known as Jamie, has been the Chief Executive Officer of Singapura Finance Ltd. since September 11, 2007. Mr. Teo served as a Deputy Chief Executive Officer of Singapura Finance Ltd...


Leadership Team

Experienced Management: S23's management team is seasoned and experienced (14.2 years average tenure).


Board Members

Experienced Board: S23's board of directors are seasoned and experienced ( 18.9 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

Singapura Finance Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Singapura Finance Ltd
  • Ticker: S23
  • Exchange: SGX
  • Founded: 1950
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: S$130.916m
  • Shares outstanding: 158.69m
  • Website: https://www.singapurafinance.com.sg

Number of Employees


Location

  • Singapura Finance Ltd
  • No. 01-00, 150 Cecil Street
  • Singapore
  • 69543
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 11:04
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.