SGX:5NF

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Mencast Holdings

Executive Summary

Mencast Holdings Ltd., an investment holding company, provides engineering and maintenance, repair, and overhaul solutions in Singapore, Asia, and internationally. More Details


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

How has Mencast Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine 5NF's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine 5NF's volatility change over the past year.


Market Performance


7 Day Return

0%

5NF

1.6%

SG Energy Services

1.4%

SG Market


1 Year Return

-67.9%

5NF

-26.2%

SG Energy Services

-10.9%

SG Market

Return vs Industry: 5NF underperformed the SG Energy Services industry which returned -26.2% over the past year.

Return vs Market: 5NF underperformed the SG Market which returned -10.9% over the past year.


Shareholder returns

5NFIndustryMarket
7 Day0%1.6%1.4%
30 Day-18.2%6.8%5.1%
90 Day-54.2%13.0%17.2%
1 Year-67.9%-67.9%-25.8%-26.2%-6.1%-10.9%
3 Year-77.9%-77.9%-51.4%-52.0%-9.4%-20.5%
5 Year-86.4%-86.4%-70.7%-71.5%27.3%3.9%

Long-Term Price Volatility Vs. Market

How volatile is Mencast Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mencast 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: 5NF (SGD0.03) is trading below our estimate of fair value (SGD0.34)

Significantly Below Fair Value: 5NF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 5NF is good value based on its PE Ratio (0.9x) compared to the SG Energy Services industry average (5.7x).

PE vs Market: 5NF is good value based on its PE Ratio (0.9x) compared to the SG market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5NF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5NF's PB Ratio (0.4x) is in line with the SG Energy Services industry average.


Next Steps

Future Growth

How is Mencast 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 Mencast 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 Mencast Holdings performed over the past 5 years?

3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5NF has a large one-off gain of SGD12.4M impacting its September 30 2020 financial results.

Growing Profit Margin: 5NF became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 5NF has become profitable over the past 5 years, growing earnings by 3.3% per year.

Accelerating Growth: 5NF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 5NF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (2.9%).


Return on Equity

High ROE: 5NF's Return on Equity (37.9%) is considered high.


Next Steps

Financial Health

How is Mencast Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 5NF's short term assets (SGD120.7M) exceed its short term liabilities (SGD97.5M).

Long Term Liabilities: 5NF's short term assets (SGD120.7M) exceed its long term liabilities (SGD110.8M).


Debt to Equity History and Analysis

Debt Level: 5NF's debt to equity ratio (32.3%) is considered satisfactory.

Reducing Debt: 5NF's debt to equity ratio has reduced from 128.5% to 32.3% over the past 5 years.

Debt Coverage: 5NF's debt is well covered by operating cash flow (195.9%).

Interest Coverage: Insufficient data to determine if 5NF's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Mencast Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate 5NF'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 5NF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5NF's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 5NF is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 5NF'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?

6.8yrs

Average management tenure


CEO

Glenndle Sim (50 yo)

13yrs

Tenure

Mr. Soon Ngee Sim, also known as Glenndle, serves as the Chief Executive Officer at Mencast Subsea Pte. Ltd. Mr. Sim has been the Chief Executive Officer of Mencast Holdings Ltd. since January 2008. Mr. Si...


Leadership Team

NamePositionTenureCompensationOwnership
Soon Ngee Sim
Executive Chairman & CEO13yrsno data19.44%
SGD 2.3m
Meng Chee San
Chief Financial Officer3.67yrsno datano data
Susan Tan
Head of Admin & HRno datano datano data
Boon Huat Wong
Executive Director9.42yrsno data6.95%
SGD 827.3k
Form Cho
Company Secretary6.75yrsno datano data
Janis Mojica
Financial Controllerno datano datano data

6.8yrs

Average Tenure

Experienced Management: 5NF's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Soon Ngee Sim
Executive Chairman & CEO13yrsno data19.44%
SGD 2.3m
Boon Huat Wong
Executive Director9.42yrsno data6.95%
SGD 827.3k
Chee Keong Ng
Independent Director11.25yrsno data0.26%
SGD 31.2k
Fook Choy Wong
Lead Independent Directorno datano data0.34%
SGD 40.5k
Leow David Ivan
Independent Director7.58yrsno data1.62%
SGD 192.4k

10.3yrs

Average Tenure

57yo

Average Age

Experienced Board: 5NF's board of directors are seasoned and experienced ( 10.3 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 been diluted in the past year, with total shares outstanding growing by 2.9%.


Top Shareholders

Company Information

Mencast Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mencast Holdings Ltd.
  • Ticker: 5NF
  • Exchange: SGX
  • Founded: 1981
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: S$11.911m
  • Shares outstanding: 441.14m
  • Website: https://www.mencast.com.sg

Location

  • Mencast Holdings Ltd.
  • 42E Penjuru Road
  • Mencast Central
  • Singapore
  • 609161
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5NFSGX (Singapore Exchange)YesOrdinary SharesSGSGDJun 2008

Biography

Mencast Holdings Ltd., an investment holding company, provides engineering and maintenance, repair, and overhaul solutions in Singapore, Asia, and internationally. It operates through Offshore & Engineerin...


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
Earnings2020/09/30
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.