Sing Investments & Finance
Market Cap
S$189.2m
Last Updated
2020/06/06 12:52 UTC
Data Sources
Company Financials
Executive Summary
Sing Investments & Finance Limited provides financing services to individuals and corporations in Singapore.
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet.
Share Price & News
How has Sing Investments & Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S35 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.7%
S35
7.4%
SG Consumer Finance
7.6%
SG Market
1 Year Return
-16.7%
S35
-19.9%
SG Consumer Finance
-14.7%
SG Market
Return vs Industry: S35 exceeded the SG Consumer Finance industry which returned -19.9% over the past year.
Return vs Market: S35 underperformed the SG Market which returned -14.7% over the past year.
Shareholder returns
| S35 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | 7.4% | 7.6% |
| 30 Day | 5.3% | 8.3% | 6.5% |
| 90 Day | -7.7% | -22.9% | -8.0% |
| 1 Year | -12.5%-16.7% | -18.4%-19.9% | -11.2%-14.7% |
| 3 Year | -6.2%-18.4% | 0.5%-5.0% | -9.6%-19.5% |
| 5 Year | 11.8%-9.8% | 15.0%3.2% | -4.6%-21.0% |
Price Volatility Vs. Market
How volatile is Sing Investments & Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Sing Investments & Finance Limited (SGX:S35) Looks Interesting, And It's About To Pay A Dividend3 weeks ago | Simply Wall St
The Case For Sing Investments & Finance Limited (SGX:S35): Could It Be A Nice Addition To Your Dividend Portfolio?1 month ago | Simply Wall St
Should You Worry About Sing Investments & Finance Limited's (SGX:S35) CEO Pay Cheque?Valuation
Is Sing Investments & Finance undervalued compared to its fair value and its price relative to the market?
31.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: S35 (SGD1.2) is trading below our estimate of fair value (SGD1.76)
Significantly Below Fair Value: S35 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: S35 is poor value based on its PE Ratio (9.9x) compared to the Consumer Finance industry average (9.6x).
PE vs Market: S35 is good value based on its PE Ratio (9.9x) compared to the SG market (12x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate S35's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: S35 is good value based on its PB Ratio (0.5x) compared to the XA Consumer Finance industry average (0.6x).
Next Steps
Future Growth
How is Sing Investments & Finance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.9%
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 Sing Investments & 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.
Next Steps
- Examine whether Sing Investments & Finance is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Sing Investments & Finance competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has Sing Investments & Finance performed over the past 5 years?
14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S35 has high quality earnings.
Growing Profit Margin: S35's current net profit margins (40%) are lower than last year (43.9%).
Past Earnings Growth Analysis
Earnings Trend: S35's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: S35's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: S35 had negative earnings growth (-15.9%) over the past year, making it difficult to compare to the Consumer Finance industry average (5.7%).
Return on Equity
High ROE: S35's Return on Equity (5%) is considered low.
Next Steps
Financial Health
How is Sing Investments & Finance's financial position?
Financial Position Analysis
Short Term Liabilities: S35's short term assets (SGD2.6B) exceed its short term liabilities (SGD2.5B).
Long Term Liabilities: S35's short term assets (SGD2.6B) exceed its long term liabilities (SGD44.1M).
Debt to Equity History and Analysis
Debt Level: S35's debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: S35's debt to equity ratio has increased from 1.1% to 2.6% over the past 5 years.
Debt Coverage: S35's debt is well covered by operating cash flow (438%).
Interest Coverage: Insufficient data to determine if S35's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Sing Investments & Finance's current dividend yield, its reliability and sustainability?
5.00%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: S35's dividend (5%) is higher than the bottom 25% of dividend payers in the SG market (2.72%).
High Dividend: S35's dividend (5%) is low compared to the top 25% of dividend payers in the SG market (6%).
Stability and Growth of Payments
Stable Dividend: S35's dividend payments have been volatile in the past 10 years.
Growing Dividend: S35's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.3%), S35'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?
9.9yrs
Average management tenure
CEO
Sze Leong Lee (60yo)
23.42yrs
Tenure
S$1,298,000
Compensation
Mr. Sze Leong Lee has been the Managing Director and Chief Executive Officer of Sing Investments & Finance Ltd. since January 1997. Mr. Lee served as the Chairman of Sing Investments & Finance Ltd. since J ...
CEO Compensation Analysis
Compensation vs Market: Sze Leong's total compensation ($USD932.63K) is above average for companies of similar size in the SG market ($USD360.31K).
Compensation vs Earnings: Sze Leong's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 23.42yrs | S$1.30m | 0.39% SGD743.6k | |
| Deputy MD & Executive Director | 23.25yrs | S$928.00k | 0.41% SGD781.4k | |
| Head of Finance & Risk Management | no data | no data | no data | |
| Senior Vice President of Legal | no data | no data | no data | |
| First Vice President of Compliance | no data | no data | no data | |
| First Vice President of Human Resource | no data | no data | no data | |
| Senior Vice President of Product Management | 3.83yrs | no data | no data | |
| Senior Vice President of Team 1 - Credit Marketing | no data | no data | no data | |
| Senior VP of Team 3 - Credit Mktg and Senior VP of Team 4 - Credit Mktg | no data | no data | no data | |
| Senior Vice President of Information Technology | no data | no data | no data |
9.9yrs
Average Tenure
Experienced Management: S35's management team is seasoned and experienced (9.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 23.42yrs | S$1.30m | 0.39% SGD743.6k | |
| Deputy MD & Executive Director | 23.25yrs | S$928.00k | 0.41% SGD781.4k | |
| Non-Executive & Independent Director | 1.42yrs | S$67.00k | no data | |
| Non-Executive & Independent Chairman of the Board | 5.08yrs | S$98.00k | no data | |
| Non-Executive & Independent Director | 5.75yrs | S$63.00k | no data | |
| Non-executive & Independent Director | 1.42yrs | S$62.00k | no data |
5.4yrs
Average Tenure
61.5yo
Average Age
Experienced Board: S35's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: S35 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
Sing Investments & Finance Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sing Investments & Finance Limited
- Ticker: S35
- Exchange: SGX
- Founded: 1964
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: S$189.151m
- Shares outstanding: 157.63m
- Website: https://www.sif.com.sg
Number of Employees
Location
- Sing Investments & Finance Limited
- No. 01-01 SIF Building
- 96 Robinson Road
- Singapore
- 68899
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| S35 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jan 1992 |
Biography
Sing Investments & Finance Limited provides financing services to individuals and corporations in Singapore. The company offers fixed and savings deposits, current accounts, and conveyancing accounts, as well as safe deposit box services. It also offers housing, residential and commercial property, HDB, car, share, shipping, land and construction, machinery, and unsecured business loans; government-backed small and medium enterprises (SME) loans, including SME micro, SME equipment and factory, and SME working capital loans; and invoice factoring/account receivables, and block discounting and floor stock financing products. In addition, the company provides nominee services. It serves customers through its network of four branches. Sing Investments & Finance Limited was incorporated in 1964 and is headquartered in Singapore.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 12:52 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/03/31 |
| 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.