Fraser and Neave, Limited engages in the food and beverage, and publishing and printing businesses in Singapore, Malaysia, Thailand, Vietnam, and internationally. More Details
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has Fraser and Neave's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: F99 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: F99 underperformed the SG Food industry which returned 8.8% over the past year.
Return vs Market: F99 underperformed the SG Market which returned -20.7% over the past year.
Price Volatility Vs. Market
How volatile is Fraser and Neave's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Fraser and Neave (SGX:F99) A Future Multi-bagger?
3 weeks ago | Simply Wall StHow Much Did Fraser and Neave's(SGX:F99) Shareholders Earn From Share Price Movements Over The Last Three Years?
1 month ago | Simply Wall StTread With Caution Around Fraser and Neave, Limited's (SGX:F99) 4.3% Dividend Yield
Is Fraser and Neave 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: F99 (SGD1.2) is trading above our estimate of fair value (SGD1.14)
Significantly Below Fair Value: F99 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: F99 is poor value based on its PE Ratio (12.3x) compared to the SG Food industry average (9.7x).
PE vs Market: F99 is good value based on its PE Ratio (12.3x) compared to the SG market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate F99's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: F99 is good value based on its PB Ratio (0.6x) compared to the SG Food industry average (0.8x).
How is Fraser and Neave forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Fraser and Neave 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.
- Take a look at our analysis of F99’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Fraser and Neave competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has Fraser and Neave performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: F99 has high quality earnings.
Growing Profit Margin: F99's current net profit margins (7.6%) are lower than last year (8.1%).
Past Earnings Growth Analysis
Earnings Trend: F99 has become profitable over the past 5 years, growing earnings by 5% per year.
Accelerating Growth: F99's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: F99 had negative earnings growth (-11.1%) over the past year, making it difficult to compare to the Food industry average (10.4%).
Return on Equity
High ROE: F99's Return on Equity (6%) is considered low.
How is Fraser and Neave's financial position?
Financial Position Analysis
Short Term Liabilities: F99's short term assets (SGD895.7M) do not cover its short term liabilities (SGD1.3B).
Long Term Liabilities: F99's short term assets (SGD895.7M) exceed its long term liabilities (SGD99.4M).
Debt to Equity History and Analysis
Debt Level: F99's debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: F99's debt to equity ratio has increased from 8% to 26.5% over the past 5 years.
Debt Coverage: F99's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: F99's interest payments on its debt are well covered by EBIT (10.2x coverage).
What is Fraser and Neave current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: F99's dividend (4.58%) is higher than the bottom 25% of dividend payers in the SG market (2.51%).
High Dividend: F99's dividend (4.58%) is low compared to the top 25% of dividend payers in the SG market (5.28%).
Stability and Growth of Payments
Stable Dividend: F99's dividend payments have been volatile in the past 10 years.
Growing Dividend: F99's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.5%), F99's dividend payments are 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
Tat Meng Lee (57 yo)
Mr. Tat Meng Lee has been Non-Executive Director of Vietnam Dairy Products Joint Stock Company since September 1, 2016. Mr. Lee has been the Chief Executive Officer of Non-Alcoholic Beverages of Fraser & N ...
CEO Compensation Analysis
Compensation vs Market: Tat Meng's total compensation ($USD0.00) is below average for companies of similar size in the SG market ($USD1.67M).
Compensation vs Earnings: Tat Meng's compensation has been consistent with company performance over the past year.
|Non-Executive & Non-Independent Director and Adviser to the Board||7.5yrs||S$2.13m||0.017% |
|CFO & Company Secretary||8yrs||S$1.04m||no data|
|Head of Investor Relations||no data||no data||no data|
|First Vice President of Group Human Captial||no data||no data||no data|
|Chief Executive Officer of Non-Alcoholic Beverages||5.42yrs||S$1.28m||no data|
|Head of Research & Development||no data||no data||no data|
|Head of Mergers & Acquisitions||0.83yr||no data||no data|
|Chief Executive Officer of Beer||4yrs||no data||no data|
|Chief Executive Officer of Times Publishing Group||6yrs||S$662.86k||no data|
|Chief Executive Officer of Fraser & Neave Holdings Bhd||5.83yrs||S$1.19m||no data|
|Financial Controller of F&B Division||no data||no data||no data|
Experienced Management: F99's management team is seasoned and experienced (5.6 years average tenure).
|Non-Executive & Non-Independent Director and Adviser to the Board||7.5yrs||S$2.13m||0.017% |
|Non-Executive & Independent Director||6.75yrs||S$144.00k||no data|
|Non-Executive & Independent Director||7.42yrs||S$174.00k||no data|
|Lead Independent & Non-Executive Director||5.42yrs||S$134.00k||no data|
|Non-Executive & Non-Independent Chairman||7.67yrs||no data||no data|
|Non-Independent & Non-Executive Director||7.67yrs||S$162.00k||no data|
|Non-Executive & Non-Independent Director||7.67yrs||S$157.00k||no data|
|Non-Independent & Non-Executive Vice-Chairman||7.67yrs||no data||no data|
|Non-Executive & Non-Independent Director||7.67yrs||S$80.00k||no data|
|Alternate Director||7.58yrs||S$44.00k||no data|
|Independent & Non-Executive Director||2.75yrs||S$79.00k||no data|
|Independent & Non-Executive Director||2.75yrs||S$80.00k||no data|
Experienced Board: F99's board of directors are considered experienced (7.5 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.
Fraser and Neave, Limited's company bio, employee growth, exchange listings and data sources
- Name: Fraser and Neave, Limited
- Ticker: F99
- Exchange: SGX
- Founded: 1883
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: S$1.740b
- Shares outstanding: 1.45b
- Website: https://www.fraserandneave.com
Number of Employees
- Fraser and Neave, Limited
- No. 20-00 Alexandra Point
- 438 Alexandra Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FNEV.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1981|
|F99||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Jan 1981|
|FNV2||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1981|
|FNV1||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Jan 1981|
|FNEV.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Nov 2008|
Fraser and Neave, Limited engages in the food and beverage, and publishing and printing businesses in Singapore, Malaysia, Thailand, Vietnam, and internationally. The company operates through Beverages, Da ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 12:35|
|End of Day Share Price||2020/10/20 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.