SGX:5NF

Stock Analysis Report

Mencast Holdings

Executive Summary

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

Snowflake

Fundamentals

Mediocre balance sheet and slightly overvalued.

Risks

  • Mencast Holdings has significant price volatility in the past 3 months.
  • Mencast Holdings is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

1.6%

SGX:5NF

-3.1%

SG Energy Services

0.07%

SG Market


1 Year Return

-27.3%

SGX:5NF

-40.1%

SG Energy Services

-3.5%

SG Market

5NF outperformed the Energy Services industry which returned -40.1% over the past year.

5NF underperformed the Market in Singapore which returned -3.5% over the past year.


Share holder returns

5NFIndustryMarket
7 Day1.6%-3.1%0.07%
30 Day-16.9%-8.3%-6.2%
90 Day-33.3%-8.0%-1.6%
1 Year-27.3%-27.3%-40.0%-40.1%0.5%-3.5%
3 Year-56.2%-56.2%-62.1%-62.6%15.2%2.9%
5 Year-86.7%-87.1%-87.8%-88.6%7.4%-10.3%

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 based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Mencast Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

Mencast Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Mencast Holdings is loss making, we can't compare its value to the Asia Energy Services industry average.

Mencast Holdings is loss making, we can't compare the value of its earnings to the Singapore market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Mencast Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Mencast Holdings is overvalued based on assets compared to the SG Energy Services industry average.


Next Steps

Future Growth

How is Mencast Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.9%

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?

-54.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mencast Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Mencast Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Mencast Holdings's 1-year growth to the Asia Energy Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Mencast Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Mencast Holdings has efficiently used its assets last year compared to the Asia Energy Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Mencast Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Mencast Holdings's financial position?


Financial Position Analysis

Mencast Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Mencast Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Mencast Holdings's level of debt (393.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (133.3% vs 393.7% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.3x debt.


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.

Whilst loss making Mencast Holdings has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Mencast Holdings has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.9% per year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Mencast Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Mencast Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Mencast Holdings has not reported any payouts.

Unable to verify if Mencast Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Mencast Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Mencast Holdings's salary, the management and board of directors tenure and is there insider trading?

8.5yrs

Average management tenure


CEO

Glenndle Sim (49yo)

11.6yrs

Tenure

0

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 ...


Management Age and Tenure

8.5yrs

Average Tenure

49yo

Average Age

The average tenure for the Mencast Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.9yrs

Average Tenure

56yo

Average Age

The tenure for the Mencast Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Christopher, Chris San (54yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
  • Glenndle Sim (49yo)

    Executive Chairman & CEO

    • Tenure: 11.6yrs
  • Boon Huat Wong

    Executive Director

    • Tenure: 8.0yrs
  • Form Cho

    Company Secretary

    • Tenure: 5.3yrs
  • Edward Aung

    Head of Environmental Division of Mencast Offshore & Marine Pte Ltd

    • Tenure: 0.0yrs
  • Janis Mojica

    Financial Controller

    • Tenure: 0.0yrs
  • Boon Hwee Wong (48yo)

    Head of Marine Division of Mencast Offshore & Marine Pte Ltd

    • Tenure: 19.6yrs
  • Susan Tan

    Head of Admin & HR

    • Tenure: 0.0yrs

Board Members

  • Chee Keong Ng (70yo)

    Independent Director

    • Tenure: 9.8yrs
  • Sunny Wong (63yo)

    Lead Independent Director

    • Tenure: 0.0yrs
  • Glenndle Sim (49yo)

    Executive Chairman & CEO

    • Tenure: 11.6yrs
  • Boon Huat Wong

    Executive Director

    • Tenure: 8.0yrs
  • Leow David Ivan (49yo)

    Independent Director

    • Tenure: 6.2yrs

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$27.446m
  • Shares outstanding: 428.85m
  • 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 and internationally. It operates through Offshore & Engineering, Mari ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 12:43
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.