Catalist:43P

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Executive Summary

United Global Limited, an investment holding company, manufactures and sells lubricant products for the products of original equipment manufacturers in Indonesia, the Greater China, Singapore, other Asian countries, Oceania countries, Malaysia, Myanmar, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has United Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine 43P's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine 43P's volatility change over the past year.


Market Performance


7 Day Return

0%

43P

-1.3%

SG Chemicals

1.4%

SG Market


1 Year Return

-16.3%

43P

7.4%

SG Chemicals

-10.9%

SG Market

Return vs Industry: 43P underperformed the SG Chemicals industry which returned 7.5% over the past year.

Return vs Market: 43P underperformed the SG Market which returned -10.9% over the past year.


Shareholder returns

43PIndustryMarket
7 Day0%-1.3%1.4%
30 Day1.2%9.2%5.4%
90 Dayn/a29.2%17.3%
1 Year-10.4%-16.3%10.7%7.4%-6.1%-10.9%
3 Year18.5%6.5%1.1%-5.4%-9.4%-20.5%
5 Yearn/a135.5%109.5%27.3%3.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is United Global 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: 43P (SGD0.41) is trading below our estimate of fair value (SGD2.22)

Significantly Below Fair Value: 43P is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 43P is good value based on its PE Ratio (1.5x) compared to the SG Chemicals industry average (10.8x).

PE vs Market: 43P is good value based on its PE Ratio (1.5x) compared to the SG market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 43P's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 43P is overvalued based on its PB Ratio (1x) compared to the SG Chemicals industry average (0.7x).


Next Steps

Future Growth

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

33.1%

Forecasted Materials 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 Global 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 United Global performed over the past 5 years?

61.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 43P has a high level of non-cash earnings.

Growing Profit Margin: 43P's current net profit margins are higher than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: 43P's earnings have grown significantly by 61.8% per year over the past 5 years.

Accelerating Growth: 43P's earnings growth over the past year (601.8%) exceeds its 5-year average (61.8% per year).

Earnings vs Industry: 43P earnings growth over the past year (601.8%) exceeded the Chemicals industry 25.1%.


Return on Equity

High ROE: 43P's Return on Equity (65.2%) is considered outstanding.


Next Steps

Financial Health

How is United Global's financial position?


Financial Position Analysis

Short Term Liabilities: 43P's short term assets ($41.5M) exceed its short term liabilities ($2.8M).

Long Term Liabilities: 43P's short term assets ($41.5M) exceed its long term liabilities ($57.0K).


Debt to Equity History and Analysis

Debt Level: 43P is debt free.

Reducing Debt: 43P has no debt compared to 5 years ago when its debt to equity ratio was 56.5%.

Debt Coverage: 43P has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 43P has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is United Global current dividend yield, its reliability and sustainability?

2.68%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 43P's dividend (2.68%) is higher than the bottom 25% of dividend payers in the SG market (2.15%).

High Dividend: 43P's dividend (2.68%) is low compared to the top 25% of dividend payers in the SG market (5.04%).


Stability and Growth of Payments

Stable Dividend: 43P has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 43P's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (4.4%), 43P's dividend payments are thoroughly 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.


Next Steps

Management

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

4.6yrs

Average board tenure


CEO

Jacky Tan (55 yo)

no data

Tenure

Mr. Thuan Hor Tan, also known as Jacky, serves as the Chief Executive Officer of United Global Limited and has been its Executive Director September 15, 2015. Mr. Tan co-founded United Global Group and is ...


Board Members

NamePositionTenureCompensationOwnership
Thuan Hor Tan
CEO & Executive Directorno datano data32.94%
$ 42.7m
Wiranto Ety
Executive Director5.33yrsno data4.02%
$ 5.2m
Koon Weng Leong
Independent Director4.58yrsno datano data
Kah On Mah
Lead Independent Directorno datano datano data
Teng Muan Tan
Independent Director4.58yrsno datano data
Wiranto Edy
Non-Executive Chairman3.42yrsno data5.77%
$ 7.5m

4.6yrs

Average Tenure

58yo

Average Age

Experienced Board: 43P's board of directors are considered experienced (4.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 43P insiders have bought more shares than they have sold 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

United Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: United Global Limited
  • Ticker: 43P
  • Exchange: Catalist
  • Founded: 1999
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: S$129.647m
  • Shares outstanding: 316.21m
  • Website: https://www.unitedgloballimited.com

Number of Employees


Location

  • United Global Limited
  • 14, Tuas Drive 2
  • Singapore
  • 638647
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
43PCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJul 2016

Biography

United Global Limited, an investment holding company, manufactures and sells lubricant products for the products of original equipment manufacturers in Indonesia, the Greater China, Singapore, other Asian ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 11:09
End of Day Share Price2021/01/08 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.