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 moderate growth potential.

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

1.1%

5AU

0.6%

SG Chemicals

-0.002%

SG Market


1 Year Return

-9.1%

5AU

-1.5%

SG Chemicals

0.6%

SG Market

Return vs Industry: 5AU underperformed the SG Chemicals industry which returned -1.5% over the past year.

Return vs Market: 5AU underperformed the SG Market which returned 0.6% over the past year.


Shareholder returns

5AUIndustryMarket
7 Day1.1%0.6%-0.002%
30 Day0%2.7%-1.5%
90 Day-7.7%-0.2%-6.8%
1 Year-6.8%-9.1%1.4%-1.5%4.7%0.6%
3 Year-25.5%-30.8%78.1%63.4%15.1%2.7%
5 Year4.5%-7.2%-3.2%-10.6%10.1%-8.2%

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 compared to its fair value and its price relative to the market?

13.52x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 5AU (SGD0.18) is trading above our estimate of fair value (SGD0.07)

Significantly Below Fair Value: 5AU is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 5AU is poor value based on its PE Ratio (13.5x) compared to the Chemicals industry average (13x).

PE vs Market: 5AU is poor value based on its PE Ratio (13.5x) compared to the SG market (13.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5AU's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5AU is overvalued based on its PB Ratio (0.5x) compared to the SG Chemicals industry average (0.5x).


Next Steps

Future Growth

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

25.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5AU's forecast earnings growth (25.4% per year) is above the savings rate (2.3%).

Earnings vs Market: 5AU's earnings (25.4% per year) are forecast to grow faster than the SG market (5.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 5AU's revenue is forecast to grow faster than the SG market.

High Growth Revenue: Insufficient data to determine if 5AU's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 5AU's Return on Equity is forecast to be high in 3 years time


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

Earnings Trend: 5AU's earnings have declined by -21.4% per year over the past 5 years.

Accelerating Growth: 5AU's earnings growth over the past year (24.3%) exceeds its 5-year average (-21.4% per year).

Earnings vs Industry: 5AU earnings growth over the past year (24.3%) exceeded the Chemicals industry 10%.


Return on Equity

High ROE: 5AU's Return on Equity (4.2%) is considered low.


Return on Assets

ROA vs Industry: 5AU's Return on Assets is below or equal to the Chemicals industry average last year.


Return on Capital Employed

ROCE Improving: 5AU's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is AP Oil International's financial position?


Financial Position Analysis

Short Term Liabilities: 5AU's short term assets (SGD48.0M) exceeds its short term liabilities (SGD8.4M)

Long Term Liabilities: 5AU's short term assets (48.0M) exceeds its long term liabilities (8.2M)


Debt to Equity History and Analysis

Debt Level: 5AU's debt to equity ratio (8.1%) is considered satisfactory

Reducing Debt: 5AU's debt to equity ratio has increased from 5.3% to 8.1% over the past 5 years.

Debt Coverage: 5AU's debt is well covered by operating cash flow (64%).

Interest Coverage: 5AU earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 5AU has a high level of physical assets or inventory.

Debt Coverage by Assets: 5AU's debt is covered by short term assets (assets are 10.802970x debt).


Next Steps

Dividend

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

2.78%

Current Dividend Yield


Dividend Yield vs Market

company2.8%marketbottom25%2.6%markettop25%5.7%industryaverage3.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 5AU's dividend (2.78%) is higher than the bottom 25% of dividend payers in the SG market (2.55%).

High Dividend: 5AU's dividend (2.78%) is low compared to the top 25% of dividend payers in the SG market (5.71%).

Stable Dividend: 5AU's dividend payments have been volatile in the past 10 years.

Growing Dividend: 5AU's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.6%), 5AU'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

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

4.4yrs

Average management tenure


CEO

Chee Hon Ho (42yo)

4.4yrs

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

4.4yrs

Average Tenure

Experienced Management: 5AU's management team is considered experienced (4.4 years average tenure).


Board Age and Tenure

15.7yrs

Average Tenure

49yo

Average Age

Experienced Board: 5AU's board of directors are seasoned and experienced ( 15.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


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: 36.8yrs
  • Woon Chan Lau

    Founder

    • Tenure: 36.6yrs
  • Kwok Wah Chang

    Joint Secretary & Executive Director

    • Tenure: 15.7yrs
  • Chee Hon Ho (42yo)

    Group CEO & Executive Director

    • Tenure: 4.4yrs
  • Alphonsus Chua

    CEO & MD of GB Chemicals Pte Ltd

    • Tenure: 0yrs
  • Lay Pheng Lim

    Executive Officer

    • Tenure: 0yrs
  • Siew Khim Ng

    Executive Officer

    • Tenure: 0yrs
  • Tai Chong Lau (59yo)

    CFO & Joint Secretary

    • Tenure: 3.3yrs

Board Members

  • Leng Woon Ho

    Chairman & MD

    • Tenure: 36.8yrs
  • Woon Chan Lau

    Founder

    • Tenure: 36.6yrs
  • Kwok Wah Chang

    Joint Secretary & Executive Director

    • Tenure: 15.7yrs
  • Chee Hon Ho (42yo)

    Group CEO & Executive Director

    • Tenure: 4.4yrs
  • Woon Hum Tan (49yo)

    Independent Director

    • Tenure: 13.8yrs
  • Ban Huat Quah (52yo)

    Lead Independent Director

    • Tenure: 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$29.616m
  • 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 Analysis2019/10/21 12:32
End of Day Share Price2019/10/18 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.