Transit-Mixed Concrete Ltd, an investment holding company, manufactures, supplies, and sells ready-mixed concrete in Singapore and Malaysia. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Transit-Mixed Concrete's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 570 has not had significant price volatility in the past 3 months.
7 Day Return
SG Basic Materials
1 Year Return
SG Basic Materials
Return vs Industry: 570 underperformed the SG Basic Materials industry which returned 8.8% over the past year.
Return vs Market: 570 exceeded the SG Market which returned -21.4% over the past year.
Price Volatility Vs. Market
How volatile is Transit-Mixed Concrete's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StHow Much Of Transit-Mixed Concrete Ltd (SGX:570) Do Insiders Own?
9 months ago | Simply Wall StThose Who Purchased Transit-Mixed Concrete (SGX:570) Shares Three Years Ago Have A 89% Loss To Show For It
10 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most Transit-Mixed Concrete Ltd (SGX:570) Stock?
Is Transit-Mixed Concrete undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 570 (SGD0.07) is trading above our estimate of fair value (SGD0.04)
Significantly Below Fair Value: 570 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 570 is unprofitable, so we can't compare its PE Ratio to the XA Basic Materials industry average.
PE vs Market: 570 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 570's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 570's PB Ratio (0.5x) is in line with the SG Basic Materials industry average.
How is Transit-Mixed Concrete forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Transit-Mixed Concrete 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 Transit-Mixed Concrete's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Transit-Mixed Concrete competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Transit-Mixed Concrete performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 570 is currently unprofitable.
Growing Profit Margin: 570 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 570 is unprofitable, and losses have increased over the past 5 years at a rate of 58.7% per year.
Accelerating Growth: Unable to compare 570's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 570 is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (2.2%).
Return on Equity
High ROE: 570 has a negative Return on Equity (-17.69%), as it is currently unprofitable.
How is Transit-Mixed Concrete's financial position?
Financial Position Analysis
Short Term Liabilities: 570's short term assets (SGD7.8M) exceed its short term liabilities (SGD1.1M).
Long Term Liabilities: 570's short term assets (SGD7.8M) exceed its long term liabilities (SGD94.0K).
Debt to Equity History and Analysis
Debt Level: 570 is debt free.
Reducing Debt: 570 had no debt 5 years ago.
Debt Coverage: 570 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 570 has no debt, therefore coverage of interest payments is not a concern.
What is Transit-Mixed Concrete current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 570's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 570's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 570's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 570's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 570 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 570's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
David Liu (63 yo)
Mr. Kien Fang Liu, also known as David, has been Group General Manager and Acting Chief Executive Officer at Transit-Mixed Concrete Ltd since June 1, 2018. He is responsible for the Transit-Mixed Concrete’ ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD115.00K) is below average for companies of similar size in the SG market ($USD376.91K).
Compensation vs Earnings: Insufficient data to compare David's compensation with company performance.
|Independent Non-Executive Director||23.08yrs||S$33.00k||no data|
|Independent Non-Executive Director||1.75yrs||S$29.00k||no data|
|Non-Independent Non-Executive Chairman||0.17yr||S$21.00k||no data|
Experienced Board: 570's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Transit-Mixed Concrete Ltd's company bio, employee growth, exchange listings and data sources
- Name: Transit-Mixed Concrete Ltd
- Ticker: 570
- Exchange: SGX
- Founded: 1979
- Industry: Construction Materials
- Sector: Materials
- Market Cap: S$4.732m
- Shares outstanding: 69.59m
- Website: https://www.tmcltd.com.sg
- Transit-Mixed Concrete Ltd
- No. 03-05, Guthrie Building
- 150 Changi Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|570||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Oct 1997|
Transit-Mixed Concrete Ltd, an investment holding company, manufactures, supplies, and sells ready-mixed concrete in Singapore and Malaysia. The company operates through three segments: Ready-Mixed Concret ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 12:52|
|End of Day Share Price||2020/10/21 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.