SGX:AWG

Stock Analysis Report

Executive Summary

AEI Corporation Ltd., an investment holding company, manufactures and sells aluminum extrusion sections, metal materials, and other related products in Singapore, Greater China, Malaysia, and internationally.

Snowflake

Fundamentals

Excellent balance sheet with weak fundamentals.

Share Price & News

How has AEI's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

7.9%

AWG

-0.2%

SG Metals and Mining

0.9%

SG Market


1 Year Return

1.5%

AWG

-2.6%

SG Metals and Mining

0.4%

SG Market

Return vs Industry: AWG exceeded the SG Metals and Mining industry which returned -2.6% over the past year.

Return vs Market: AWG exceeded the SG Market which returned 0.4% over the past year.


Share holder returns

AWGIndustryMarket
7 Day7.9%-0.2%0.9%
30 Day9.7%-2.7%-2.6%
90 Day14.3%-3.0%-6.8%
1 Year1.5%1.5%-1.5%-2.6%4.4%0.4%
3 Year19.3%19.3%37.0%29.5%15.5%3.1%
5 Year-42.4%-42.4%6.1%-1.8%11.6%-6.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.77x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate AWG's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate AWG's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: AWG is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: AWG is unprofitable, so we can't compare its PE Ratio to the SG market.


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: AWG is overvalued based on its PB Ratio (0.8x) compared to the SG Metals and Mining industry average (0.7x).


Next Steps

Future Growth

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

10.4%

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 AEI 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

Past Performance

How has AEI performed over the past 5 years?

-21.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AWG is unprofitable, and losses have increased over the past 5 years at a rate of -21.6% per year.

Accelerating Growth: Unable to compare AWG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AWG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).


Return on Equity

High ROE: AWG has a negative Return on Equity (-10.24%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: AWG is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: AWG is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is AEI's financial position?


Financial Position Analysis

Short Term Liabilities: AWG's short term assets (SGD41.5M) exceeds its short term liabilities (SGD3.7M)

Long Term Liabilities: AWG's short term assets (41.5M) exceeds its long term liabilities (10.0M)


Debt to Equity History and Analysis

Debt Level: AWG's debt to equity ratio (5.1%) is considered satisfactory

Reducing Debt: AWG's debt to equity ratio has increased from 2.1% to 5.1% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: AWG's debt is covered by short term assets (assets are 16.216100x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AWG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: AWG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -32% each year


Next Steps

Dividend

What is AEI's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.5%markettop25%5.6%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate AWG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate AWG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if AWG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AWG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AWG is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AWG's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

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

15.8yrs

Average board tenure


CEO

Ian Tan 0

16yrs

Tenure

0

Mr. Chu En Tan, also known as Ian, has been the Chief Executive Officer of Aei Corporation Ltd. since October 1, 2003 and its Executive Director since September 22, 2003. Mr. Tan is primarily responsible f ...


Board Age and Tenure

15.8yrs

Average Tenure

65yo

Average Age

Experienced Board: AWG's board of directors are seasoned and experienced ( 15.8 years average tenure).


Insider Trading

Insider Buying: AWG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyS$27,72410 Oct 19
Kee Ho
EntityIndividual
Shares42,800
Max PriceS$0.65
BuyS$15,61505 Jul 19
China Capital Impetus Asset Management Pte. Ltd.
EntityCompany
Shares25,000
Max PriceS$0.62
BuyS$39,47101 Jul 19
China Capital Impetus Asset Management Pte. Ltd.
EntityCompany
Shares61,100
Max PriceS$0.65
BuyS$101,59424 Jun 19
China Capital Impetus Asset Management Pte. Ltd.
EntityCompany
Shares148,900
Max PriceS$0.68

Ownership Breakdown


Management Team

  • Soon Soo Foo (60yo)

    Joint Company Secretary

    • Tenure: 0yrs
  • Sinta Muchtar (55yo)

    Head of Finance

    • Tenure: 30.4yrs
  • Alvin Ling (51yo)

    Manager of Marketing

    • Tenure: 0yrs
  • Ian Tan

    CEO & Executive Director

    • Tenure: 16yrs
  • Soh Ping Lum (49yo)

    CFO & Company Secretary

    • Tenure: 7.9yrs
  • Pingwei Wu

    Executive Director

    • Tenure: 1.4yrs

Board Members

  • Cheong Kwee Teng (65yo)

    Independent Director

    • Tenure: 15.8yrs
  • Sushilan Vasoo (77yo)

    Independent Director

    • Tenure: 15.8yrs
  • David Yeung (69yo)

    Lead Independent Director

    • Tenure: 0.6yrs
  • Sinta Muchtar (55yo)

    Head of Finance

    • Tenure: 30.4yrs
  • Ian Tan

    CEO & Executive Director

    • Tenure: 16yrs
  • Quan Sun (53yo)

    Non-Executive Chairman

    • Tenure: 1.5yrs
  • Pingwei Wu

    Executive Director

    • Tenure: 1.4yrs

Company Information

AEI Corporation Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AEI Corporation Ltd.
  • Ticker: AWG
  • Exchange: SGX
  • Founded: 1983
  • Industry: Aluminum
  • Sector: Materials
  • Market Cap: S$36.309m
  • Shares outstanding: 56.73m
  • Website: https://aei.com.sg

Location

  • AEI Corporation Ltd.
  • 15 Tuas South Street 13
  • Singapore
  • 636936
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AWGSGX (Singapore Exchange)YesOrdinary SharesSGSGDFeb 2004

Biography

AEI Corporation Ltd., an investment holding company, manufactures and sells aluminum extrusion sections, metal materials, and other related products in Singapore, Greater China, Malaysia, and international ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:34
End of Day Share Price2019/10/14 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.

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