SGX:BEI

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: Insufficient data to determine BEI's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine BEI's volatility change over the past year.


Market Performance


7 Day Return

0%

BEI

-1.2%

SG Forestry

-1.6%

SG Market


1 Year Return

20.6%

BEI

33.7%

SG Forestry

-14.3%

SG Market

Return vs Industry: BEI underperformed the SG Forestry industry which returned 33.7% over the past year.

Return vs Market: BEI exceeded the SG Market which returned -14.3% over the past year.


Shareholder returns

BEIIndustryMarket
7 Day0%-1.2%-1.6%
30 Day-2.4%1.7%13.0%
90 Day-2.4%1.5%8.4%
1 Year26.7%20.6%42.3%33.7%-9.5%-14.3%
3 Year5.6%-10.2%-6.0%-14.0%-11.6%-22.6%
5 Year62.4%21.8%15.6%5.6%9.6%-10.7%

Long-Term 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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BEI (SGD0.62) is trading below our estimate of fair value (SGD2.77)

Significantly Below Fair Value: BEI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BEI is good value based on its PE Ratio (7.6x) compared to the XA Forestry industry average (16.7x).

PE vs Market: BEI is good value based on its PE Ratio (7.6x) compared to the SG market (14x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BEI is good value based on its PB Ratio (0.6x) compared to the SG Forestry industry average (1.1x).


Next Steps

Future Growth

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

24.2%

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 LHT Holdings 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 LHT Holdings performed over the past 5 years?

-4.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BEI has a large one-off gain of SGD1.3M impacting its June 30 2020 financial results.

Growing Profit Margin: BEI's current net profit margins (11.7%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: BEI's earnings have declined by 4.8% per year over the past 5 years.

Accelerating Growth: BEI's earnings growth over the past year (133.4%) exceeds its 5-year average (-4.8% per year).

Earnings vs Industry: BEI earnings growth over the past year (133.4%) exceeded the Forestry industry -10.2%.


Return on Equity

High ROE: BEI's Return on Equity (8.1%) is considered low.


Next Steps

Financial Health

How is LHT Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BEI's short term assets (SGD48.1M) exceed its short term liabilities (SGD5.3M).

Long Term Liabilities: BEI's short term assets (SGD48.1M) exceed its long term liabilities (SGD7.3M).


Debt to Equity History and Analysis

Debt Level: BEI is debt free.

Reducing Debt: BEI has no debt compared to 5 years ago when its debt to equity ratio was 5.6%.

Debt Coverage: BEI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BEI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

4.88%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BEI's dividend (4.88%) is higher than the bottom 25% of dividend payers in the SG market (2.41%).

High Dividend: BEI's dividend (4.88%) is low compared to the top 25% of dividend payers in the SG market (5.19%).


Stability and Growth of Payments

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

Growing Dividend: BEI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.2%), BEI'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

How experienced are the management team and are they aligned to shareholders interests?

12.8yrs

Average management tenure


CEO

Mui Yap

3.83yrs

Tenure

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...


Leadership Team

NamePositionTenureCompensationOwnership
Mui Yap
Chairman3.83yrsno data14.12%
SGD 4.6m
Kim Tan
Founder40.33yrsno data18.19%
SGD 6.0m
Khar Tan
Financial Controller & Administrative Manager5.75yrsno datano data
Yew Yap
Senior Sales Manager35.5yrsno datano data
Kian Neo
Executive Director3.83yrsno data1.61%
SGD 526.4k
Mei Yap
Company Secretary22.42yrsno data0.17%
SGD 54.6k

12.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: BEI's management team is seasoned and experienced (12.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mui Yap
Chairman3.83yrsno data14.12%
SGD 4.6m
Kim Tan
Founder40.33yrsno data18.19%
SGD 6.0m
Kian Neo
Executive Director3.83yrsno data1.61%
SGD 526.4k
Mei Yap
Company Secretary22.42yrsno data0.17%
SGD 54.6k
Kok Hiang Tan
Non-Executive Lead Independent Directorno datano data0.019%
SGD 6.1k
Peng Low
Non-Executive Independent Director21.42yrsno data0.0070%
SGD 2.3k
Chiaw Ching Wu
Non-Executive Independent Director13.75yrsno datano data
Suet Man Li
Independent Non-Executive Director1.08yrsno datano data

13.8yrs

Average Tenure

63yo

Average Age

Experienced Board: BEI's board of directors are seasoned and experienced ( 13.8 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$32.746m
  • 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 Analysis2020/12/03 11:12
End of Day Share Price2020/11/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.