SGX:5JS

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Indofood Agri Resources Ltd. operates as a vertically integrated agribusiness company. More Details


Snowflake Analysis

Fair value with worrying balance sheet.

Share Price & News

How has Indofood Agri Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5JS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

5JS

0.6%

SG Food

-0.4%

SG Market


1 Year Return

-9.2%

5JS

4.7%

SG Food

-21.3%

SG Market

Return vs Industry: 5JS underperformed the SG Food industry which returned 4.4% over the past year.

Return vs Market: 5JS exceeded the SG Market which returned -21.7% over the past year.


Shareholder returns

5JSIndustryMarket
7 Day0%0.6%-0.4%
30 Day1.7%-1.5%-2.7%
90 Day-3.3%4.0%-3.8%
1 Year-9.2%-9.2%8.2%4.7%-17.1%-21.3%
3 Year-30.8%-33.0%7.0%-2.1%-18.9%-28.7%
5 Year-40.0%-43.3%24.5%9.1%-2.0%-19.9%

Price Volatility Vs. Market

How volatile is Indofood Agri Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Indofood Agri Resources 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: 5JS (SGD0.3) is trading below our estimate of fair value (SGD8.81)

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


Price To Earnings Ratio

PE vs Industry: 5JS is unprofitable, so we can't compare its PE Ratio to the SG Food industry average.

PE vs Market: 5JS 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 5JS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5JS is good value based on its PB Ratio (0.4x) compared to the SG Food industry average (0.8x).


Next Steps

Future Growth

How is Indofood Agri Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

9.0%

Forecasted Food, Beverage & Tobacco 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 Indofood Agri Resources 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 Indofood Agri Resources performed over the past 5 years?

-50.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5JS is currently unprofitable.

Growing Profit Margin: 5JS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 5JS is unprofitable, and losses have increased over the past 5 years at a rate of 50.1% per year.

Accelerating Growth: Unable to compare 5JS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 5JS is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (10.4%).


Return on Equity

High ROE: 5JS has a negative Return on Equity (-3.96%), as it is currently unprofitable.


Next Steps

Financial Health

How is Indofood Agri Resources's financial position?


Financial Position Analysis

Short Term Liabilities: 5JS's short term assets (IDR7,137.0B) do not cover its short term liabilities (IDR9,857.8B).

Long Term Liabilities: 5JS's short term assets (IDR7,137.0B) do not cover its long term liabilities (IDR7,865.1B).


Debt to Equity History and Analysis

Debt Level: 5JS's debt to equity ratio (62.5%) is considered high.

Reducing Debt: 5JS's debt to equity ratio has increased from 44.5% to 62.5% over the past 5 years.

Debt Coverage: 5JS's debt is well covered by operating cash flow (23.3%).

Interest Coverage: 5JS is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Indofood Agri Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

13.7yrs

Average management tenure


CEO

Mark Wakeford (56 yo)

13.08yrs

Tenure

Mr. Mark Julian Wakeford has been the Chief Executive Officer and Executive Director at Indofood Agri Resources Ltd. since August 17, 2007. Mr. Wakeford has been in the plantation industry since 1993, work ...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Wakeford
CEO & Executive Director13.08yrsno data0.036%
IDR 142.5k
Mei Yook Mak
CFO & Company Secretary13.67yrsno datano data
Johnny Ponto
Chief Operating Officerno datano datano data
Paulus Moleonoto
Head of Finance & Corporate Services and Executive Director13.75yrsno datano data
Suaimi Suriady
Head of EOF Division & Executive Director12.92yrsno datano data
Sugih Wanasuria
Head of Research & Developmentno datano datano data
Tan Dermawan
Group Controllerno datano datano data
Siew Jee Lee
Company Secretary13.67yrsno datano data

13.7yrs

Average Tenure

57yo

Average Age

Experienced Management: 5JS's management team is seasoned and experienced (13.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Wakeford
CEO & Executive Director13.08yrsno data0.036%
IDR 142.5k
Paulus Moleonoto
Head of Finance & Corporate Services and Executive Director13.75yrsno datano data
Suaimi Suriady
Head of EOF Division & Executive Director12.92yrsno datano data
Hock San Lim
Independent Vice Chairman10.33yrsRp90.00kno data
Tje Fie Tjhie
Non-Executive Director13.75yrsno datano data
Kwong Lee
Chairman & Lead Independent Directorno dataRp90.00kno data
Axton Salim
Non-Executive Director12.92yrsno datano data
Kian Chee Goh
Independent Director13.67yrsRp90.00kno data
Hendra Susanto
Independent Director13.67yrsRp75.00kno data

13.4yrs

Average Tenure

57yo

Average Age

Experienced Board: 5JS's board of directors are seasoned and experienced ( 13.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Indofood Agri Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Indofood Agri Resources Ltd.
  • Ticker: 5JS
  • Exchange: SGX
  • Founded: 2001
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: S$397.833m
  • Shares outstanding: 1.40b
  • Website: https://www.indofoodagri.com

Number of Employees


Location

  • Indofood Agri Resources Ltd.
  • 8 Eu Tong Sen Street
  • No. 16-96/97 The Central
  • Singapore
  • 59818
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5JSSGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 2007
ZVFDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 2007
INDF.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDNov 2008

Biography

Indofood Agri Resources Ltd. operates as a vertically integrated agribusiness company. The company engages in the research and development; oil palm seed breeding; oil palm plantations cultivation; crude p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 12:54
End of Day Share Price2020/09/28 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.