MTQ Corporation Limited, together with its subsidiaries, provides engineering solutions for oilfield equipment in Singapore, the Kingdom of Bahrain, Australia, the United Kingdom, and Indonesia. More Details
Excellent balance sheet with acceptable track record.
Share Price & News
How has MTQ's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: M05's share price has been volatile over the past 3 months.
7 Day Return
SG Energy Services
1 Year Return
SG Energy Services
Return vs Industry: M05 underperformed the SG Energy Services industry which returned -12.7% over the past year.
Return vs Market: M05 underperformed the SG Market which returned -23.6% over the past year.
Price Volatility Vs. Market
How volatile is MTQ's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHas MTQ (SGX:M05) Got What It Takes To Become A Multi-Bagger?
2 months ago | Simply Wall StMTQ (SGX:M05) Has A Pretty Healthy Balance Sheet
3 months ago | Simply Wall StHow Much Is MTQ's (SGX:M05) CEO Getting Paid?
Is MTQ undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: M05 (SGD0.17) is trading above our estimate of fair value (SGD0.04)
Significantly Below Fair Value: M05 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: M05 is poor value based on its PE Ratio (5.3x) compared to the SG Energy Services industry average (4.9x).
PE vs Market: M05 is good value based on its PE Ratio (5.3x) compared to the SG market (12.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate M05's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: M05 is overvalued based on its PB Ratio (0.5x) compared to the SG Energy Services industry average (0.4x).
How is MTQ forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 MTQ 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.
- Examine MTQ'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.
- MTQ competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has MTQ performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: M05 has high quality earnings.
Growing Profit Margin: M05 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: M05 has become profitable over the past 5 years, growing earnings by 9.9% per year.
Accelerating Growth: M05 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: M05 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (7%).
Return on Equity
High ROE: M05's Return on Equity (9.7%) is considered low.
How is MTQ's financial position?
Financial Position Analysis
Short Term Liabilities: M05's short term assets (SGD64.1M) exceed its short term liabilities (SGD15.1M).
Long Term Liabilities: M05's short term assets (SGD64.1M) exceed its long term liabilities (SGD30.6M).
Debt to Equity History and Analysis
Debt Level: M05's debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: M05's debt to equity ratio has reduced from 43.1% to 30.4% over the past 5 years.
Debt Coverage: M05's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: M05's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is MTQ current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: M05's dividend (2.94%) is higher than the bottom 25% of dividend payers in the SG market (2.54%).
High Dividend: M05's dividend (2.94%) is low compared to the top 25% of dividend payers in the SG market (5.4%).
Stability and Growth of Payments
Stable Dividend: M05's dividend payments have been volatile in the past 10 years.
Growing Dividend: M05's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.6%), M05'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Boon Wee Kuah (53 yo)
Mr. Boon Wee Kuah has been the Group Chief Executive Officer of MTQ Corporation Limited since July 1, 2010 and has been its Managing Director of Oilfield Engineering Division Operations since December 1, 2 ...
CEO Compensation Analysis
Compensation vs Market: Boon Wee's total compensation ($USD316.01K) is about average for companies of similar size in the SG market ($USD373.49K).
Compensation vs Earnings: Boon Wee's compensation has been consistent with company performance over the past year.
|Group CEO||10.25yrs||S$431.00k||3.55% |
|Managing Director of Premier Sea & Land Pte Ltd and Mid-Continent Distribution Pte Ltd||no data||S$449.00k||no data|
|Managing Director of MTQ Engineering Pte Ltd||no data||S$242.00k||no data|
|Managing Director of Pemac Pte Ltd||4.17yrs||S$195.00k||no data|
|General Manager of MTQ Oilfield Services W.L.L.||no data||S$302.00k||no data|
|Group Financial Controller & Company Secretary||6.75yrs||no data||no data|
Experienced Management: M05's management team is seasoned and experienced (6.8 years average tenure).
|Group CEO||10.25yrs||S$431.00k||3.55% |
|Non-Executive Chairman||8yrs||S$216.00k||25.35% |
|Independent Director||8.42yrs||S$47.00k||no data|
|Non-Executive Non-Independent Director||13yrs||S$38.00k||no data|
|Lead Independent Director||7.42yrs||S$34.00k||no data|
|Non-Executive Non-Independent Director||4yrs||S$34.00k||no data|
Experienced Board: M05's board of directors are considered experienced (8.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MTQ Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: MTQ Corporation Limited
- Ticker: M05
- Exchange: SGX
- Founded: 1959
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: S$36.745m
- Shares outstanding: 216.15m
- Website: https://www.mtq.com.sg
Number of Employees
- MTQ Corporation Limited
- 182 Pandan Loop
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|M05||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Jan 1992|
MTQ Corporation Limited, together with its subsidiaries, provides engineering solutions for oilfield equipment in Singapore, the Kingdom of Bahrain, Australia, the United Kingdom, and Indonesia. It offers ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/29 12:37|
|End of Day Share Price||2020/10/19 00:00|
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.