SGX:BEI

Stock Analysis Report

Executive Summary

LHT Holdings Limited manufactures and trades in wooden pallets and timber-related products in Singapore, Malaysia, and internationally.

Snowflake

Fundamentals

Flawless balance sheet second-rate dividend payer.

Risks

  • LHT Holdings is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

BEI

-1.7%

SG Forestry

-1.3%

SG Market


1 Year Return

-22.1%

BEI

-22.2%

SG Forestry

-2.5%

SG Market

BEI matched the Forestry industry (-22.2%) over the past year.

BEI underperformed the Market in Singapore which returned -2.5% over the past year.


Share holder returns

BEIIndustryMarket
7 Day0%-1.7%-1.3%
30 Day5.0%4.9%0.5%
90 Day-5.4%-6.0%-4.6%
1 Year-18.2%-22.1%-20.1%-22.2%1.5%-2.5%
3 Year16.8%-2.8%-15.7%-20.5%16.0%3.6%
5 Year26.1%-5.4%11.5%2.0%9.2%-9.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

31%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

LHT Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

LHT Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

LHT Holdings is overvalued based on earnings compared to the Asia Forestry industry average.

LHT Holdings is overvalued based on earnings compared to the Singapore market.


Price Based on Expected Growth

Unable to calculate PEG ratio for LHT Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

LHT Holdings is good value based on assets compared to the Asia Forestry industry average.


Next Steps

Future Growth

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

11.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if LHT Holdings is high growth as no revenue estimate data is available.

LHT Holdings's earnings are expected to grow by 11.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare LHT Holdings's revenue growth to the Singapore market average as no estimate data is available.

LHT Holdings's earnings growth is expected to exceed the Singapore market average.

LHT Holdings'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 LHT Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has LHT Holdings performed over the past 5 years?

8.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

LHT Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

LHT Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

LHT Holdings's 1-year earnings growth is negative, it can't be compared to the Asia Forestry industry average.


Return on Equity

LHT Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

LHT Holdings used its assets less efficiently than the Asia Forestry industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if LHT Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is LHT Holdings's financial position?


Financial Position Analysis

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

LHT Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

LHT Holdings has no debt.

LHT Holdings has no debt compared to 5 years ago when it was 8.1%.

LHT Holdings has no debt, it does not need to be covered by operating cash flow.

LHT Holdings has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

LHT Holdings has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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

5.66%

Current Dividend Yield


Dividend Yield and Payments Analysis

LHT Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.52%).

LHT Holdings's dividend is below the markets top 25% of dividend payers in Singapore (5.66%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.1x 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 LHT Holdings's salary, the management and board of directors tenure and is there insider trading?

11.5yrs

Average management tenure


CEO

Mui Yap 0

2.6yrs

Tenure

0

Ms. Mui Kee Yap has been the Chairman, Chief Executive Officer and Managing Director at LHT Holdings Limited since February 10, 2017 and has been its Executive Director since January 2, 1988. Ms. Yap has b ...


Management Age and Tenure

11.5yrs

Average Tenure

55yo

Average Age

The average tenure for the LHT Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

16.3yrs

Average Tenure

65.5yo

Average Age

The average tenure for the LHT Holdings 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$38,37616 May 19
Mui Yap
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares58,500
Max PriceS$0.66
BuyS$13,50008 Mar 19
Mui Yap
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares20,000
Max PriceS$0.67
BuyS$181,62812 Dec 18
Mui Yap
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares267,100
Max PriceS$0.68
BuyS$69,00030 Nov 18
Mui Yap
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares100,000
Max PriceS$0.69

Ownership Breakdown


Management Team

  • Sally Yap (55yo)

    Company Secretary

    • Tenure: 21.2yrs
  • Mui Yap

    Chairman

    • Tenure: 2.6yrs
  • Kim Tan (69yo)

    Founder

    • Tenure: 39.1yrs
  • William Yap

    Senior Sales Manager

    • Tenure: 34.3yrs
  • Billy Neo

    Executive Director

    • Tenure: 2.6yrs
  • Vincent Tan (50yo)

    Financial Controller & Administrative Manager

    • Tenure: 4.5yrs

Board Members

  • Kok Hiang Tan (69yo)

    Non-Executive Lead Independent Director

    • Tenure: 0yrs
  • Sally Yap (55yo)

    Company Secretary

    • Tenure: 21.2yrs
  • Peng Kit Low

    Non-Executive Independent Director

    • Tenure: 20.2yrs
  • Mui Yap

    Chairman

    • Tenure: 2.6yrs
  • Kim Tan (69yo)

    Founder

    • Tenure: 39.1yrs
  • Chiaw Ching Wu (62yo)

    Non-Executive Independent Director

    • Tenure: 12.5yrs
  • Billy Neo

    Executive Director

    • Tenure: 2.6yrs

Company Information

LHT Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LHT Holdings Limited
  • Ticker: BEI
  • Exchange: SGX
  • Founded: 1977
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: S$28.220m
  • Shares outstanding: 53.24m
  • Website: https://www.lht.com.sg

Number of Employees


Location

  • LHT Holdings Limited
  • 27 Sungei Kadut Street 1
  • Singapore
  • 729335
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BEISGX (Singapore Exchange)YesOrdinary SharesSGSGDJul 1999

Biography

LHT Holdings Limited manufactures and trades in wooden pallets and timber-related products in Singapore, Malaysia, and internationally. It operates through four segments: Pallet/Packaging, Timber Related P ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 12:36
End of Day Share Price2019/09/16 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.