Executive Summary
CosmoSteel Holdings Limited, an investment holding company, engages in sourcing and distributing piping system components. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Share Price & News
How has CosmoSteel Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: B9S is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: B9S's weekly volatility has decreased from 16% to 8% over the past year.
Market Performance
7 Day Return
1.1%
B9S
1.6%
SG Energy Services
1.4%
SG Market
1 Year Return
-9.8%
B9S
-26.2%
SG Energy Services
-10.9%
SG Market
Return vs Industry: B9S exceeded the SG Energy Services industry which returned -26.2% over the past year.
Return vs Market: B9S exceeded the SG Market which returned -10.9% over the past year.
Shareholder returns
| B9S | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 1.6% | 1.4% |
| 30 Day | 0% | 6.8% | 5.1% |
| 90 Day | 12.2% | 13.0% | 17.2% |
| 1 Year | -7.4%-9.8% | -25.8%-26.2% | -6.1%-10.9% |
| 3 Year | -13.4%-15.6% | -51.4%-52.0% | -9.4%-20.5% |
| 5 Year | -13.7%-22.7% | -70.7%-71.5% | 27.3%3.9% |
Long-Term Price Volatility Vs. Market
How volatile is CosmoSteel Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
Is CosmoSteel Holdings (SGX:B9S) Using Too Much Debt?1 month ago | Simply Wall St
Investors Aren't Buying CosmoSteel Holdings Limited's (SGX:B9S) Earnings3 months ago | Simply Wall St
We Like These Underlying Trends At CosmoSteel Holdings (SGX:B9S)Valuation
Is CosmoSteel Holdings undervalued compared to its fair value and its price relative to the market?
5.07x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: B9S (SGD0.09) is trading above our estimate of fair value (SGD0.08)
Significantly Below Fair Value: B9S is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: B9S is good value based on its PE Ratio (5.1x) compared to the SG Energy Services industry average (5.7x).
PE vs Market: B9S is good value based on its PE Ratio (5.1x) compared to the SG market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate B9S's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: B9S's PB Ratio (0.3x) is in line with the SG Energy Services industry average.
Next Steps
Future Growth
How is CosmoSteel 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 CosmoSteel 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
- Check out CosmoSteel Holdings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- CosmoSteel Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has CosmoSteel Holdings performed over the past 5 years?
1.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B9S has high quality earnings.
Growing Profit Margin: B9S's current net profit margins (6.1%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: B9S has become profitable over the past 5 years, growing earnings by 1.9% per year.
Accelerating Growth: B9S's earnings growth over the past year (86.2%) exceeds its 5-year average (1.9% per year).
Earnings vs Industry: B9S earnings growth over the past year (86.2%) exceeded the Energy Services industry 2.9%.
Return on Equity
High ROE: B9S's Return on Equity (6.5%) is considered low.
Next Steps
Financial Health
How is CosmoSteel Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: B9S's short term assets (SGD84.3M) exceed its short term liabilities (SGD22.0M).
Long Term Liabilities: B9S's short term assets (SGD84.3M) exceed its long term liabilities (SGD8.6M).
Debt to Equity History and Analysis
Debt Level: B9S's debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: B9S's debt to equity ratio has reduced from 33.7% to 27.3% over the past 5 years.
Debt Coverage: B9S's debt is well covered by operating cash flow (28%).
Interest Coverage: B9S's interest payments on its debt are well covered by EBIT (10.2x coverage).
Balance Sheet
Next Steps
Dividend
What is CosmoSteel Holdings's current dividend yield, its reliability and sustainability?
5.43%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: B9S's dividend (5.43%) is higher than the bottom 25% of dividend payers in the SG market (2.15%).
High Dividend: B9S's dividend (5.43%) is in the top 25% of dividend payers in the SG market (5.04%)
Stability and Growth of Payments
Stable Dividend: B9S's dividend payments have been volatile in the past 10 years.
Growing Dividend: B9S's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.5%), B9S'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?
2.6yrs
Average board tenure
CEO
Jack Ong (42 yo)
1.5yrs
Tenure
S$539,523
Compensation
Mr. Tong Hai Ong, also known as Jack, serves as Chief Executive Officer of Cosmosteel Holdings Ltd. since July 15, 2019 and served as its Director of Logistics & Operations until July 15, 2019. Mr. Ong joi...
CEO Compensation Analysis
Compensation vs Market: Jack's total compensation ($USD405.90K) is about average for companies of similar size in the SG market ($USD409.91K).
Compensation vs Earnings: Jack's compensation has increased by more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.5yrs | S$539.52k | 12.1% SGD 3.2m | |
| Executive Director | 2.58yrs | S$257.00k | no data | |
| Independent Non-Executive Chairman | no data | S$91.25k | no data | |
| Non-Executive Non-Independent Director | 13.83yrs | S$72.50k | 0.043% SGD 11.5k | |
| Independent Director | 2.25yrs | S$76.25k | no data | |
| Non-Executive Non-Independent Director | 1.5yrs | S$55.00k | no data |
2.6yrs
Average Tenure
50yo
Average Age
Experienced Board: B9S's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CosmoSteel Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: CosmoSteel Holdings Limited
- Ticker: B9S
- Exchange: SGX
- Founded: 1984
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: S$26.717m
- Shares outstanding: 290.40m
- Website: https://www.cosmosteel.com
Number of Employees
Location
- CosmoSteel Holdings Limited
- 14 Lok Yang Way
- Singapore
- 628633
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| B9S | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jun 2007 |
| CMR | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2007 |
Biography
CosmoSteel Holdings Limited, an investment holding company, engages in sourcing and distributing piping system components. It operates through Energy, Marine, Trading, and Others segments. The company prov...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 11:13 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.