SGX:5AU

Stock Analysis Report

AP Oil International

Executive Summary

AP Oil International Limited, an investment holding company, manufactures and sells a range of lubricating oils and fluids, and specialty chemicals for industrial, automotive, and marine applications.

Snowflake

Fundamentals

Excellent balance sheet with questionable track record.

Risks

  • AP Oil International is not covered by any analysts.

Share Price & News

How has AP Oil International's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SGX:5AU

-0.2%

SG Chemicals

-1.3%

SG Market


1 Year Return

-10.0%

SGX:5AU

0.9%

SG Chemicals

-3.3%

SG Market

5AU underperformed the Chemicals industry which returned 0.9% over the past year.

5AU underperformed the Market in Singapore which returned -3.3% over the past year.


Share holder returns

5AUIndustryMarket
7 Day0%-0.2%-1.3%
30 Day-3.1%-4.5%-6.9%
90 Day-5.5%6.6%-2.5%
1 Year-7.8%-10.0%3.9%0.9%0.5%-3.3%
3 Year-16.9%-22.9%96.1%83.7%15.0%2.9%
5 Year1.4%-10.0%52.4%41.8%7.4%-10.4%

Price Volatility Vs. Market

How volatile is AP Oil International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AP Oil International undervalued based on future cash flows and its price relative to the stock market?

14.2x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

AP Oil International's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

AP Oil International's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

AP Oil International is good value based on earnings compared to the SG Chemicals industry average.

AP Oil International is overvalued based on earnings compared to the Singapore market.


Price Based on Expected Growth

Unable to calculate PEG ratio for AP Oil International, we can't assess if its growth is good value.


Price Based on Value of Assets

AP Oil International is overvalued based on assets compared to the SG Chemicals industry average.


Next Steps

Future Growth

How is AP Oil International expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if AP Oil International is high growth as no revenue estimate data is available.

AP Oil International's earnings are expected to grow by 5.3% yearly, however this is not considered high growth (20% yearly).

Unable to compare AP Oil International's revenue growth to the Singapore market average as no estimate data is available.

AP Oil International's earnings growth is positive but not above the Singapore market average.

AP Oil International's earnings growth is expected to exceed the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if AP Oil International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has AP Oil International performed over the past 5 years?

-21.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

AP Oil International's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

AP Oil International's 1-year earnings growth exceeds its 5-year average (24.3% vs -21.4%)

AP Oil International's earnings growth has exceeded the SG Chemicals industry average in the past year (24.3% vs 15.7%).


Return on Equity

AP Oil International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

AP Oil International used its assets less efficiently than the SG Chemicals industry average last year based on Return on Assets.


Return on Capital Employed

AP Oil International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is AP Oil International's financial position?


Financial Position Analysis

AP Oil International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

AP Oil International's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

AP Oil International's level of debt (8.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (5.3% vs 8.1% today).

Debt is well covered by operating cash flow (64%, greater than 20% of total debt).

AP Oil International earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 10.8x debt.


Next Steps

Dividend

What is AP Oil International's current dividend yield, its reliability and sustainability?

2.65%

Current Dividend Yield


Dividend Yield and Payments Analysis

AP Oil International's pays a lower dividend yield than the bottom 25% of dividend payers in Singapore (2.65%).

AP Oil International's dividend is below the markets top 25% of dividend payers in Singapore (5.76%).

AP Oil International has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

AP Oil International has only been paying a dividend for 9 years, and since then dividends per share have fallen.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.7x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of AP Oil International's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Chee Hon Ho (42yo)

4.3yrs

Tenure

0

Mr. Chee Hon Ho, LLB (Hons), LLM, has been the Group Chief Executive Officer of AP Oil International Limited since May 1, 2015 and served as its Group Deputy Chief Executive Officer since September 2012 un ...


Management Age and Tenure

4.3yrs

Average Tenure

The tenure for the AP Oil International management team is about average.


Board Age and Tenure

15.5yrs

Average Tenure

49yo

Average Age

The average tenure for the AP Oil International board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyS$61,50027 Feb 19
Chee Hon Ho
EntityIndividual
Role
Chief Executive Officer
Group CEO & Executive Director
Shares300,000
Max PriceS$0.20

Ownership Breakdown


Management Team

  • Leng Woon Ho

    Chairman & MD

    • Tenure: 36.6yrs
  • Woon Chan Lau

    Founder

    • Tenure: 36.4yrs
  • Kwok Wah Chang

    Joint Secretary & Executive Director

    • Tenure: 15.5yrs
  • Chee Hon Ho (42yo)

    Group CEO & Executive Director

    • Tenure: 4.3yrs
  • Alphonsus Chua

    CEO & MD of GB Chemicals Pte Ltd

    • Tenure: 0.0yrs
  • Lay Pheng Lim

    Executive Officer

    • Tenure: 0.0yrs
  • Siew Khim Ng

    Executive Officer

    • Tenure: 0.0yrs
  • Tai Chong Lau (59yo)

    CFO & Joint Secretary

    • Tenure: 3.1yrs

Board Members

  • Leng Woon Ho

    Chairman & MD

    • Tenure: 36.6yrs
  • Woon Chan Lau

    Founder

    • Tenure: 36.4yrs
  • Kwok Wah Chang

    Joint Secretary & Executive Director

    • Tenure: 15.5yrs
  • Chee Hon Ho (42yo)

    Group CEO & Executive Director

    • Tenure: 4.3yrs
  • Woon Hum Tan (49yo)

    Independent Director

    • Tenure: 13.6yrs
  • Ban Huat Quah (52yo)

    Lead Independent Director

    • Tenure: 0.0yrs

Company Information

AP Oil International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AP Oil International Limited
  • Ticker: 5AU
  • Exchange: SGX
  • Founded: 1975
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: S$30.767m
  • Shares outstanding: 164.53m
  • Website: https://www.apoil.com.sg

Number of Employees


Location

  • AP Oil International Limited
  • 30 Gul Crescent
  • Jurong
  • Singapore
  • 629535
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5AUSGX (Singapore Exchange)YesOrdinary SharesSGSGDJun 2001

Biography

AP Oil International Limited, an investment holding company, manufactures and sells a range of lubricating oils and fluids, and specialty chemicals for industrial, automotive, and marine applications. It o ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 12:34
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.