AnnAik
Market Cap
S$15.6m
Last Updated
2021/01/16 11:11 UTC
Data Sources
Company Financials
Executive Summary
AnnAik Limited, an investment holding company, manufactures and sells stainless steel piping products in Singapore, the People’s Republic of China, South Korea, Malaysia, and internationally. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Fair value with mediocre balance sheet.
Share Price & News
How has AnnAik's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine A52's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine A52's volatility change over the past year.
Market Performance
7 Day Return
-20.6%
A52
1.4%
SG Metals and Mining
1.4%
SG Market
1 Year Return
-31.6%
A52
20.3%
SG Metals and Mining
-10.9%
SG Market
Return vs Industry: A52 underperformed the SG Metals and Mining industry which returned 20.8% over the past year.
Return vs Market: A52 underperformed the SG Market which returned -10.9% over the past year.
Shareholder returns
| A52 | Industry | Market | |
|---|---|---|---|
| 7 Day | -20.6% | 1.4% | 1.4% |
| 30 Day | -3.6% | 12.8% | 5.4% |
| 90 Day | n/a | 38.0% | 17.3% |
| 1 Year | -28.5%-31.6% | 23.4%20.3% | -6.1%-10.9% |
| 3 Year | -54.0%-56.8% | 2.2%-4.4% | -9.4%-20.5% |
| 5 Year | -21.6%-28.0% | 11.4%1.9% | 27.3%3.9% |
Long-Term Price Volatility Vs. Market
How volatile is AnnAik's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is AnnAik undervalued compared to its fair value and its price relative to the market?
7.63x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: A52 (SGD0.05) is trading above our estimate of fair value (SGD0.04)
Significantly Below Fair Value: A52 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: A52 is good value based on its PE Ratio (7.6x) compared to the SG Metals and Mining industry average (13.7x).
PE vs Market: A52 is good value based on its PE Ratio (7.6x) compared to the SG market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate A52's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: A52 is good value based on its PB Ratio (0.3x) compared to the SG Metals and Mining industry average (2.3x).
Next Steps
Future Growth
How is AnnAik forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
33.3%
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 AnnAik 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 AnnAik 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 AnnAik performed over the past 5 years?
57.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A52 has a large one-off gain of SGD3.3M impacting its June 30 2020 financial results.
Growing Profit Margin: A52 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: A52 has become profitable over the past 5 years, growing earnings by 57% per year.
Accelerating Growth: A52 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: A52 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-10.2%).
Return on Equity
High ROE: A52's Return on Equity (5.4%) is considered low.
Next Steps
Financial Health
How is AnnAik's financial position?
Financial Position Analysis
Short Term Liabilities: A52's short term assets (SGD51.6M) exceed its short term liabilities (SGD31.1M).
Long Term Liabilities: A52's short term assets (SGD51.6M) exceed its long term liabilities (SGD24.2M).
Debt to Equity History and Analysis
Debt Level: A52's debt to equity ratio (47.3%) is considered high.
Reducing Debt: A52's debt to equity ratio has reduced from 60.6% to 47.3% over the past 5 years.
Debt Coverage: A52's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: A52's interest payments on its debt are not well covered by EBIT (0.3x coverage).
Balance Sheet
Next Steps
Dividend
What is AnnAik current dividend yield, its reliability and sustainability?
5.56%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: A52's dividend (5.56%) is higher than the bottom 25% of dividend payers in the SG market (2.15%).
High Dividend: A52's dividend (5.56%) is in the top 25% of dividend payers in the SG market (5.04%)
Stability and Growth of Payments
Stable Dividend: A52 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: A52 has only been paying a dividend for 9 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.4%), A52'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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
James Ow (67 yo)
10yrs
Tenure
Mr. Chin Seng Ow, also known as James, PBM has been Chief Executive Officer of AnnAik Ltd. since January 1, 2010 and has beeb its Director since March 31, 1990. Mr. Ow serves as President of the Singapore ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 10yrs | no data | 32.84% SGD 5.1m | |
| COO, Finance Director & Executive Director | 16yrs | no data | 2.14% SGD 333.9k | |
| Group President of Environmental Technology & Engineering Division for Environmental Business | no data | no data | no data | |
| Deputy CEO & Executive Director | 5.83yrs | no data | 1.01% SGD 157.6k | |
| Company Secretary | 5.5yrs | no data | no data | |
| Financial Controller | no data | no data | no data |
5.5yrs
Average Tenure
45yo
Average Age
Experienced Management: A52's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 10yrs | no data | 32.84% SGD 5.1m | |
| COO, Finance Director & Executive Director | 16yrs | no data | 2.14% SGD 333.9k | |
| Deputy CEO & Executive Director | 5.83yrs | no data | 1.01% SGD 157.6k | |
| Independent Director | 1.33yrs | no data | no data | |
| Independent Director | 2.5yrs | no data | no data | |
| Independent Director | 3.5yrs | no data | no data |
3.5yrs
Average Tenure
55yo
Average Age
Experienced Board: A52's board of directors are considered experienced (3.5 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
AnnAik Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: AnnAik Limited
- Ticker: A52
- Exchange: Catalist
- Founded: 1977
- Industry: Steel
- Sector: Materials
- Market Cap: S$15.581m
- Shares outstanding: 288.53m
- Website: https://www.annaik.com
Location
- AnnAik Limited
- 52 Tuas Avenue 9
- Singapore
- 639193
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| A52 | Catalist (Singapore Exchange Catalist Market) | Yes | Ordinary Shares | SG | SGD | Sep 2003 |
Biography
AnnAik Limited, an investment holding company, manufactures and sells stainless steel piping products in Singapore, the People’s Republic of China, South Korea, Malaysia, and internationally. The company o...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 11:11 |
| End of Day Share Price | 2021/01/14 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.