Kim Heng Offshore & Marine Holdings
Market Cap
S$24.8m
Last Updated
2021/01/16 11:12 UTC
Data Sources
Company Financials
Executive Summary
Kim Heng Offshore & Marine Holdings Limited, an investment holding company, provides integrated offshore and marine value chain services in Australia, Bangladesh, Indonesia, Malaysia, Papua New Guinea, Singapore, the United Arab Emirates, the United States, Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Kim Heng Offshore & Marine Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5G2 is more volatile than 75% of SG stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 5G2's weekly volatility has decreased from 20% to 12% over the past year, but is still higher than 75% of SG stocks.
Market Performance
7 Day Return
-2.8%
5G2
1.6%
SG Energy Services
1.4%
SG Market
1 Year Return
-34.0%
5G2
-26.2%
SG Energy Services
-10.9%
SG Market
Return vs Industry: 5G2 underperformed the SG Energy Services industry which returned -26.2% over the past year.
Return vs Market: 5G2 underperformed the SG Market which returned -10.9% over the past year.
Shareholder returns
| 5G2 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | 1.6% | 1.4% |
| 30 Day | 2.9% | 6.8% | 5.1% |
| 90 Day | 9.4% | 13.0% | 17.2% |
| 1 Year | -34.0%-34.0% | -25.8%-26.2% | -6.1%-10.9% |
| 3 Year | -64.0%-64.3% | -51.4%-52.0% | -9.4%-20.5% |
| 5 Year | -57.1%-59.3% | -70.7%-71.5% | 27.3%3.9% |
Long-Term Price Volatility Vs. Market
How volatile is Kim Heng Offshore & Marine Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Kim Heng Offshore & Marine Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 5G2 (SGD0.04) is trading below our estimate of fair value (SGD0.25)
Significantly Below Fair Value: 5G2 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 5G2 is unprofitable, so we can't compare its PE Ratio to the SG Energy Services industry average.
PE vs Market: 5G2 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 5G2's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 5G2's PB Ratio (0.4x) is in line with the SG Energy Services industry average.
Next Steps
Future Growth
How is Kim Heng Offshore & Marine Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.7%
Forecasted Energy 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 Kim Heng Offshore & Marine Holdings 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 Kim Heng Offshore & Marine Holdings'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.
- Explore growth companies in the Energy industry.
Past Performance
How has Kim Heng Offshore & Marine Holdings performed over the past 5 years?
-6.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5G2 is currently unprofitable.
Growing Profit Margin: 5G2 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 5G2 is unprofitable, and losses have increased over the past 5 years at a rate of 6.7% per year.
Accelerating Growth: Unable to compare 5G2's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 5G2 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (2.9%).
Return on Equity
High ROE: 5G2 has a negative Return on Equity (-10.65%), as it is currently unprofitable.
Next Steps
Financial Health
How is Kim Heng Offshore & Marine Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 5G2's short term assets (SGD40.6M) exceed its short term liabilities (SGD32.2M).
Long Term Liabilities: 5G2's short term assets (SGD40.6M) exceed its long term liabilities (SGD22.8M).
Debt to Equity History and Analysis
Debt Level: 5G2's debt to equity ratio (53.6%) is considered high.
Reducing Debt: 5G2's debt to equity ratio has increased from 6.4% to 53.6% 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: Whilst unprofitable 5G2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5G2 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.1% per year.
Next Steps
Dividend
What is Kim Heng Offshore & Marine Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 5G2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 5G2'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 5G2's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 5G2's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 5G2 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 5G2'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?
0.8yrs
Average management tenure
CEO
Thomas Tan (61 yo)
no data
Tenure
Mr. Keng Siong Tan, also known as Thomas, serves as the Executive Chairman and Chief Executive Officer of Kim Heng Offshore & Marine Holdings Limited. Mr. Tan also serves as the Chief Executive Officer at ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | no data | no data | 39.81% SGD 9.9m | |
| Chief Financial Officer | 0.083yr | no data | no data | |
| Chief Technical Officer | 0.75yr | no data | no data | |
| Chief Operating Officer of Oilfield Services | 0.75yr | no data | no data | |
| Head of Corporate Services | no data | no data | no data | |
| Chief Operating Officer of Offshore & Marine | 0.75yr | no data | no data | |
| Head of Supply Chain | 4yrs | no data | no data | |
| Company Secretary | 5.17yrs | no data | no data | |
| Company Secretary | 2.42yrs | no data | no data |
0.8yrs
Average Tenure
46.5yo
Average Age
Experienced Management: 5G2's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Kim Heng Offshore & Marine Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kim Heng Offshore & Marine Holdings Limited
- Ticker: 5G2
- Exchange: Catalist
- Founded: 1968
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: S$24.777m
- Shares outstanding: 707.91m
- Website: https://www.kimheng.com.sg
Location
- Kim Heng Offshore & Marine Holdings Limited
- No. 48 Penjuru Road
- Singapore
- 609152
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 5G2 | Catalist (Singapore Exchange Catalist Market) | Yes | Ordinary Shares | SG | SGD | Jan 2014 |
Biography
Kim Heng Offshore & Marine Holdings Limited, an investment holding company, provides integrated offshore and marine value chain services in Australia, Bangladesh, Indonesia, Malaysia, Papua New Guinea, Sin...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 11:12 |
| End of Day Share Price | 2021/01/15 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.