QAF Limited, an investment holding company, manufactures and distributes bread, bakery, and confectionery products in Australia, the Philippines, Singapore, Malaysia, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.88|
|52 Week High||S$0.86|
|52 Week Low||S$1.04|
|1 Month Change||1.15%|
|3 Month Change||-11.56%|
|1 Year Change||-1.12%|
|3 Year Change||19.73%|
|5 Year Change||-29.60%|
|Change since IPO||47.90%|
Recent News & Updates
QAF (SGX:Q01) Has Re-Affirmed Its Dividend Of S$0.01
The board of QAF Limited ( SGX:Q01 ) has announced that it will pay a dividend of S$0.01 per share on the 27th of...
|Q01||SG Food||SG Market|
Return vs Industry: Q01 underperformed the SG Food industry which returned 15.8% over the past year.
Return vs Market: Q01 underperformed the SG Market which returned 22.7% over the past year.
Stable Share Price: Q01 is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: Q01's weekly volatility (3%) has been stable over the past year.
About the Company
QAF Limited, an investment holding company, manufactures and distributes bread, bakery, and confectionery products in Australia, the Philippines, Singapore, Malaysia, and internationally. It operates through four segments: Bakery, Distribution and Warehousing, Investments and Others, and Primary Production. The company is also involved in the production, processing, and marketing of meat; feedmilling and sale of animal feeds and related ingredients; trading and distribution of food and beverage products; operation of cold storage warehouse; and provision for warehousing logistics services of food items.
QAF Fundamentals Summary
|Q01 fundamental statistics|
Is Q01 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|Q01 income statement (TTM)|
|Cost of Revenue||S$309.84m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.049|
|Net Profit Margin||5.18%|
How did Q01 perform over the long term?See historical performance and comparison
5.7%Current Dividend Yield
Is QAF undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: Q01 (SGD0.88) is trading below our estimate of fair value (SGD3.57)
Significantly Below Fair Value: Q01 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: Q01 is poor value based on its PE Ratio (17.9x) compared to the SG Food industry average (11x).
PE vs Market: Q01 is poor value based on its PE Ratio (17.9x) compared to the SG market (13.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate Q01's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: Q01's PB Ratio (1x) is in line with the SG Food industry average.
How is QAF 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 QAF 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.
How has QAF performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: Q01 has high quality earnings.
Growing Profit Margin: Q01's current net profit margins (5.2%) are lower than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: Q01's earnings have declined by 35.4% per year over the past 5 years.
Accelerating Growth: Q01's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: Q01 had negative earnings growth (-25.1%) over the past year, making it difficult to compare to the Food industry average (11.2%).
Return on Equity
High ROE: Q01's Return on Equity (5.5%) is considered low.
How is QAF's financial position?
Financial Position Analysis
Short Term Liabilities: Q01's short term assets (SGD497.3M) exceed its short term liabilities (SGD248.7M).
Long Term Liabilities: Q01's short term assets (SGD497.3M) exceed its long term liabilities (SGD69.0M).
Debt to Equity History and Analysis
Debt Level: Q01's debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: Q01's debt to equity ratio has reduced from 18.1% to 7.5% over the past 5 years.
Debt Coverage: Q01's debt is well covered by operating cash flow (246.8%).
Interest Coverage: Q01's interest payments on its debt are well covered by EBIT (16.3x coverage).
What is QAF current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: Q01's dividend (5.68%) is higher than the bottom 25% of dividend payers in the SG market (1.94%).
High Dividend: Q01's dividend (5.68%) is in the top 25% of dividend payers in the SG market (5.21%)
Stability and Growth of Payments
Stable Dividend: Q01's dividend payments have been volatile in the past 10 years.
Growing Dividend: Q01's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (101.6%), Q01's dividend payments are not 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
Lin Kejian (42 yo)
Mr. Lin Kejian (Previously known as Daniel Halim) has been Joint Group Managing Director of QAF Limited since January 1, 2017. Mr. Kejian served as Deputy Group Managing Director of QAF Limited from Septem...
Experienced Management: Q01's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: Q01's board of directors are considered experienced (4.8 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.
QAF Limited's employee growth, exchange listings and data sources
- Name: QAF Limited
- Ticker: Q01
- Exchange: SGX
- Founded: 1958
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: S$506.236m
- Shares outstanding: 575.27m
- Website: https://www.qaf.com.sg
Number of Employees
- QAF Limited
- No. 09-03 Fook Hai Building
- 150 South Bridge Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 11:03|
|End of Day Share Price||2021/10/22 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.