Catalist:5G2

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Kim Heng Offshore & Marine Holdings

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


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

5G2IndustryMarket
7 Day-2.8%1.6%1.4%
30 Day2.9%6.8%5.1%
90 Day9.4%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

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

NamePositionTenureCompensationOwnership
Keng Siong Tan
Executive Chairman & CEOno datano data39.81%
SGD 9.9m
Wei Ming Lim
Chief Financial Officer0.083yrno datano data
Keng Hoe Tan
Chief Technical Officer0.75yrno datano data
Seh Hong Yeo
Chief Operating Officer of Oilfield Services0.75yrno datano data
Peck Ling Tan
Head of Corporate Servicesno datano datano data
Wen Hao Tan
Chief Operating Officer of Offshore & Marine0.75yrno datano data
Peck Ching Tan
Head of Supply Chain4yrsno datano data
Lan Sim Lim
Company Secretary5.17yrsno datano data
Mei Hua Lim
Company Secretary2.42yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5G2Catalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 11:12
End of Day Share Price2021/01/15 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.