United Overseas Insurance Limited underwrites general insurance products in Singapore, ASEAN countries, and internationally.
Solid track record and fair value.
Share Price & News
How has United Overseas Insurance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: U13 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: U13 exceeded the SG Insurance industry which returned -3.9% over the past year.
Return vs Market: U13 exceeded the SG Market which returned -4.8% over the past year.
Price Volatility Vs. Market
How volatile is United Overseas Insurance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StUnited Overseas Insurance Limited (SGX:U13) Has A ROE Of 9.7%
1 month ago | Simply Wall StThree Things You Should Check Before Buying United Overseas Insurance Limited (SGX:U13) For Its Dividend
2 months ago | Simply Wall StIf You Had Bought United Overseas Insurance (SGX:U13) Shares Five Years Ago You'd Have Made 58%
Is United Overseas Insurance 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: U13 (SGD7.16) is trading below our estimate of fair value (SGD8.38)
Significantly Below Fair Value: U13 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: U13 is good value based on its PE Ratio (10.8x) compared to the Insurance industry average (11.7x).
PE vs Market: U13 is good value based on its PE Ratio (10.8x) compared to the SG market (13.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate U13's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: U13 is overvalued based on its PB Ratio (1x) compared to the XA Insurance industry average (1x).
How is United Overseas Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance 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 United Overseas Insurance 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.
- Examine whether United Overseas Insurance is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- United Overseas Insurance competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Insurance industry.
How has United Overseas Insurance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: U13 has high quality earnings.
Growing Profit Margin: U13's current net profit margins (58.4%) are higher than last year (58.2%).
Past Earnings Growth Analysis
Earnings Trend: U13's earnings have grown by 9.8% per year over the past 5 years.
Accelerating Growth: U13's earnings growth over the past year (69.5%) exceeds its 5-year average (9.8% per year).
Earnings vs Industry: U13 earnings growth over the past year (69.5%) exceeded the Insurance industry 3.9%.
Return on Equity
High ROE: U13's Return on Equity (9.7%) is considered low.
Return on Assets
Return on Capital Employed
How is United Overseas Insurance's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: U13 has a low level of unsold assets or inventory.
Debt Coverage by Assets: U13's debt is covered by short term assets (assets are 2586.2x debt).
Financial Institutions Analysis
Asset Level: U13's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if U13 has a sufficient allowance for bad loans.
Low Risk Liabilities: U13 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if U13 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: U13 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if U13 has an appropriate level of bad loans.
What is United Overseas Insurance's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase United Overseas Insurance before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: U13's dividend (3.35%) is higher than the bottom 25% of dividend payers in the SG market (2.6%).
High Dividend: U13's dividend (3.35%) is low compared to the top 25% of dividend payers in the SG market (5.7%).
Stability and Growth of Payments
Stable Dividend: U13's dividend payments have been volatile in the past 10 years.
Growing Dividend: U13's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.7%), U13's dividend payments are 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 board tenure
David Chan (65yo)
Mr. Mun Wai Chan, also known as David, BBA, Chartered Insurer (FCII) serves as Chief Executive and Principal Officer of United Overseas Insurance Ltd. and has been its Managing Director since January 01, 1 ...
|MD, CEO & Director||0yrs||no data||0.034% SGD150.2k|
|Non-Executive Director||28.9yrs||S$22.50k||no data|
|Independent & Non-Executive Director||49yrs||S$45.00k||0.16% SGD715.0k|
|Independent & Non-Executive Director||28.9yrs||S$45.00k||no data|
|Independent & Non-Executive Director||4.1yrs||S$32.50k||no data|
|Independent & Non-Executive Director||8.6yrs||S$32.50k||no data|
|Independent & Non-Executive Director||4.7yrs||S$22.50k||no data|
|Independent Non-Executive Director||0yrs||no data||no data|
Experienced Board: U13's board of directors are seasoned and experienced ( 27.4 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.
United Overseas Insurance Limited's company bio, employee growth, exchange listings and data sources
- Name: United Overseas Insurance Limited
- Ticker: U13
- Exchange: SGX
- Founded: 1971
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: S$437.258m
- Shares outstanding: 61.16m
- Website: https://www.uoi.com.sg
Number of Employees
- United Overseas Insurance Limited
- No. 28-01, Springleaf Tower
- 3 Anson Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|U13||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Jan 1992|
|IZB||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
United Overseas Insurance Limited underwrites general insurance products in Singapore, ASEAN countries, and internationally. It offers personal insurance products that include travel, personal accident, home protection, foreign domestic worker, and motor insurance products. The company provides commercial general insurance products, such as fire, business interruption, machinery/equipment all risks, burglary and theft, money, marine cargo, fidelity guarantee, plate glass, public liability, work injury compensation, and group personal accident insurance products. It also offers directors’ and officers’ insurance; contractors’ all risks/erection all risks insurance; and Takaful, an Islamic financial assurance to address misfortunes, accidents, or disasters. The company was founded in 1971 and is based in Singapore. United Overseas Insurance Limited is a subsidiary of United Overseas Bank Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 12:37|
|End of Day Share Price||2020/02/25 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.