United Global
Market Cap
S$129.6m
Last Updated
2021/01/16 11:09 UTC
Data Sources
Company Financials
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
Rewards
Risk Analysis
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
| 43P | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -1.3% | 1.4% |
| 30 Day | 1.2% | 9.2% | 5.4% |
| 90 Day | n/a | 29.2% | 17.3% |
| 1 Year | -10.4%-16.3% | 10.7%7.4% | -6.1%-10.9% |
| 3 Year | 18.5%6.5% | 1.1%-5.4% | -9.4%-20.5% |
| 5 Year | n/a | 135.5%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
- Examine whether United Global 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.
- Explore growth companies in the Materials industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | no data | no data | 32.94% $ 42.7m | |
| Executive Director | 5.33yrs | no data | 4.02% $ 5.2m | |
| Independent Director | 4.58yrs | no data | no data | |
| Lead Independent Director | no data | no data | no data | |
| Independent Director | 4.58yrs | no data | no data | |
| Non-Executive Chairman | 3.42yrs | no data | 5.77% $ 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 43P | Catalist (Singapore Exchange Catalist Market) | Yes | Ordinary Shares | SG | SGD | Jul 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 11:09 |
| End of Day Share Price | 2021/01/08 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.