SGX:Y03

Stock Analysis Report

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Executive Summary

Yeo Hiap Seng Limited, an investment holding company, engages in the manufacture, marketing, distribution, sale, and export of food and beverage products in Singapore, Malaysia, Cambodia, and internationally. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has Yeo Hiap Seng's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Y03 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

Y03

0.6%

SG Food

-0.4%

SG Market


1 Year Return

-15.7%

Y03

4.7%

SG Food

-21.3%

SG Market

Return vs Industry: Y03 underperformed the SG Food industry which returned 4.4% over the past year.

Return vs Market: Y03 exceeded the SG Market which returned -21.7% over the past year.


Shareholder returns

Y03IndustryMarket
7 Day0%0.6%-0.4%
30 Day-4.5%-1.5%-2.7%
90 Day-10.7%4.0%-3.8%
1 Year-12.6%-15.7%8.2%4.7%-17.1%-21.3%
3 Year-34.5%-41.2%7.0%-2.1%-18.9%-28.7%
5 Year-29.8%-39.8%24.5%9.1%-2.0%-19.9%

Price Volatility Vs. Market

How volatile is Yeo Hiap Seng's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Yeo Hiap Seng 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: Y03 (SGD0.75) is trading below our estimate of fair value (SGD2.05)

Significantly Below Fair Value: Y03 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: Y03 is unprofitable, so we can't compare its PE Ratio to the SG Food industry average.

PE vs Market: Y03 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 Y03's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Y03's PB Ratio (0.7x) is in line with the SG Food industry average.


Next Steps

Future Growth

How is Yeo Hiap Seng 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 Yeo Hiap Seng 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 Yeo Hiap Seng performed over the past 5 years?

-22.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: Y03 is currently unprofitable.

Growing Profit Margin: Y03 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Y03 is unprofitable, and losses have increased over the past 5 years at a rate of 22.5% per year.

Accelerating Growth: Unable to compare Y03's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: Y03 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (10.4%).


Return on Equity

High ROE: Y03 has a negative Return on Equity (-0.61%), as it is currently unprofitable.


Next Steps

Financial Health

How is Yeo Hiap Seng's financial position?


Financial Position Analysis

Short Term Liabilities: Y03's short term assets (SGD391.8M) exceed its short term liabilities (SGD64.7M).

Long Term Liabilities: Y03's short term assets (SGD391.8M) exceed its long term liabilities (SGD28.3M).


Debt to Equity History and Analysis

Debt Level: Y03 is debt free.

Reducing Debt: Y03 has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.

Debt Coverage: Y03 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: Y03 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Yeo Hiap Seng current dividend yield, its reliability and sustainability?

2.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: Y03's dividend (2.67%) is higher than the bottom 25% of dividend payers in the SG market (2.53%).

High Dividend: Y03's dividend (2.67%) is low compared to the top 25% of dividend payers in the SG market (5.69%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, Y03 has been paying a dividend for less than 10 years.

Growing Dividend: Y03's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: Y03 is paying a dividend but the company is unprofitable.


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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Samuel Koh

0.50

Tenure

Mr. Chee Boon Koh, also known as Samuel, serves as the Group Chief Executive Officer of Yeo Hiap Seng Limited since March 14, 2020. He has extensive executive experience working for Coca-Cola, Unilever and ...


Leadership Team

NamePositionTenureCompensationOwnership
Chee Boon Koh
Group CEO0.50yrno data0.017%
SGD 75.7k
Sue Lynn Neoh
General Counsel & Company Secretaryno datano datano data
Sueann Lim
Executive Vice President of Research & Development and Quality Assuranceno datano datano data
Peng Ooi
Senior Vice President of Malaysia & Indonesia1.83yrsno datano data
Min Kam
Deputy Chief Executive Officer of HK & China1.58yrsno datano data
Angela Lu
Chief Growth Officer & Head of Singapore Marketno datano datano data
Liang Kwee Koo
Senior Vice President of Group Finance0.083yrno datano data
Hon Lee
GM of Commercial Malaysia & President Director of PT YHS Indonesiano datano datano data
Peow-Keong Tee
First Vice President of Europeno datano datano data
Cham-Leong Quek
First Vice President of USAno datano datano data

1.0yrs

Average Tenure

Experienced Management: Y03's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Hon Lee
GM of Commercial Malaysia & President Director of PT YHS Indonesiano datano datano data
S. Chandra Rajagopal Sitaram Das
Deputy Chairman & Lead Independent Director14.83yrsS$234.02kno data
Win-Kong Ng
Non-Independent & Non-Executive Chairman0.67yrS$58.00kno data
Yoke Choong Chin
Independent & Non-Executive Director14.33yrsS$103.44kno data
William Adamopoulos
Non-Independent & Non-Executive Director0.17yrno datano data
Dan Luo
Independent & Non-Executive Director3.67yrsS$72.00kno data
Su Lin Lim
Independent & Non-Executive Director1.33yrsS$46.48kno data
Yih Pin Sitoh
Independent & Non-Executive Director0.92yrS$21.68kno data
Lang Ling Goi
Independent & Non-Executive Director0.92yrS$17.89kno data
Mohamad Bin Merican
Independent & Non-Executive Director0.17yrno datano data
Yong Ze Ng
Non-Independent & Non-Executive Directorno datano datano data

0.9yrs

Average Tenure

53.5yo

Average Age

Experienced Board: Y03's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

Yeo Hiap Seng Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yeo Hiap Seng Limited
  • Ticker: Y03
  • Exchange: SGX
  • Founded: 1900
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: S$434.933m
  • Shares outstanding: 579.91m
  • Website: https://www.yeos.com.sg

Number of Employees


Location

  • Yeo Hiap Seng Limited
  • 3 Senoko Way
  • Singapore
  • 758057
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
Y03SGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 1992
YH2BST (Boerse-Stuttgart)YesOrdinary SharesDEEURJan 1992

Biography

Yeo Hiap Seng Limited, an investment holding company, engages in the manufacture, marketing, distribution, sale, and export of food and beverage products in Singapore, Malaysia, Cambodia, and international ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 13:01
End of Day Share Price2020/09/25 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.