SGX:MV4

Stock Analysis Report

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Executive Summary

Mewah International Inc., an investment holding company, manufactures, refines, and sells palm oil products. More Details


Snowflake Analysis

Undervalued with solid track record.

Share Price & News

How has Mewah International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MV4's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.0%

MV4

0.6%

SG Food

-0.4%

SG Market


1 Year Return

10.6%

MV4

4.7%

SG Food

-21.3%

SG Market

Return vs Industry: MV4 exceeded the SG Food industry which returned 4.4% over the past year.

Return vs Market: MV4 exceeded the SG Market which returned -21.7% over the past year.


Shareholder returns

MV4IndustryMarket
7 Day4.0%0.6%-0.4%
30 Day13.0%-1.5%-2.7%
90 Day32.0%4.0%-3.8%
1 Year13.5%10.6%8.2%4.7%-17.1%-21.3%
3 Year-2.8%-11.9%7.0%-2.1%-18.9%-28.7%
5 Year4.4%-10.3%24.5%9.1%-2.0%-19.9%

Price Volatility Vs. Market

How volatile is Mewah International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mewah International 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: MV4 (SGD0.26) is trading below our estimate of fair value (SGD12.92)

Significantly Below Fair Value: MV4 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MV4 is good value based on its PE Ratio (7.7x) compared to the SG Food industry average (10.5x).

PE vs Market: MV4 is good value based on its PE Ratio (7.7x) compared to the SG market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MV4's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MV4 is good value based on its PB Ratio (0.5x) compared to the SG Food industry average (0.8x).


Next Steps

Future Growth

How is Mewah International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Mewah International 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 Mewah International performed over the past 5 years?

11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MV4 has high quality earnings.

Growing Profit Margin: MV4's current net profit margins (1.3%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: MV4's earnings have grown by 11.9% per year over the past 5 years.

Accelerating Growth: MV4's earnings growth over the past year (200%) exceeds its 5-year average (11.9% per year).

Earnings vs Industry: MV4 earnings growth over the past year (200%) exceeded the Food industry 10.4%.


Return on Equity

High ROE: MV4's Return on Equity (6.7%) is considered low.


Next Steps

Financial Health

How is Mewah International's financial position?


Financial Position Analysis

Short Term Liabilities: MV4's short term assets ($649.3M) exceed its short term liabilities ($497.0M).

Long Term Liabilities: MV4's short term assets ($649.3M) exceed its long term liabilities ($57.8M).


Debt to Equity History and Analysis

Debt Level: MV4's debt to equity ratio (52.6%) is considered high.

Reducing Debt: MV4's debt to equity ratio has reduced from 53% to 52.6% over the past 5 years.

Debt Coverage: MV4's debt is well covered by operating cash flow (75.6%).

Interest Coverage: MV4's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Mewah International current dividend yield, its reliability and sustainability?

1.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MV4's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.53%).

High Dividend: MV4's dividend (1.16%) is low compared to the top 25% of dividend payers in the SG market (5.69%).


Stability and Growth of Payments

Stable Dividend: MV4 is not paying a notable dividend for the SG market, therefore no need to check if payments are stable.

Growing Dividend: MV4 is not paying a notable dividend for the SG market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: MV4 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MV4'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?

7.7yrs

Average board tenure


CEO

Michelle Cheo (46 yo)

no data

Tenure

Ms. Hui Ning Cheo, also known as Michelle, serves as the Chief Executive Officer of Mewah International Inc. has been its Executive Director since October 29, 2010. Ms. Cheo has overall responsibility for ...


Board Members

NamePositionTenureCompensationOwnership
Tong Choon Cheo
Chairmanno datano data1.45%
$ 5.4m
Hui Cheo
CEO & Executive Directorno datano data0.14%
$ 540.9k
Hui Cheo
COO, Head of Consumer Pack Segment & Executive Director9.92yrsno data0.27%
$ 996.5k
Soon Ong
Independent Director9.92yrsno data0.0020%
$ 7.5k
Say Foo
Lead Independent Director4.33yrsno datano data
Tan Loke
Independent Director5.42yrsno datano data
Fawzia Binti Abdullah
Independent Director3.08yrsno datano data

7.7yrs

Average Tenure

68.5yo

Average Age

Experienced Board: MV4's board of directors are considered experienced (7.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MV4 insiders have only sold shares 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

Mewah International Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mewah International Inc.
  • Ticker: MV4
  • Exchange: SGX
  • Founded:
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: S$375.167m
  • Shares outstanding: 1.50b
  • Website: https://www.mewahgroup.com

Location

  • Mewah International Inc.
  • No. 05-00 Mewah Building
  • 5 International Business Park
  • Singapore
  • 609914
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MV4SGX (Singapore Exchange)YesOrdinary SharesSGSGDNov 2010
MWXDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2010

Biography

Mewah International Inc., an investment holding company, manufactures, refines, and sells palm oil products. It operates in two segments, Bulk and Consumer Pack. The Bulk segment produces and sells vegetab ...


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.