SGX:K14

Stock Analysis Report

Kingboard Copper Foil Holdings

Executive Summary

Kingboard Copper Foil Holdings Limited, an investment holding company, manufactures and trades in polyvinyl butyral (PVB) and related products in the People’s Republic of China.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

K14

0.8%

SG Chemicals

0.2%

SG Market


1 Year Return

41.7%

K14

8.4%

SG Chemicals

1.4%

SG Market


Shareholder returns

K14IndustryMarket
7 Day0%0.8%0.2%
30 Day-0.8%1.5%-2.6%
90 Day29.3%9.3%-7.0%
1 Year41.7%41.7%10.7%8.4%5.5%1.4%
3 Year124.5%124.5%89.4%77.9%15.1%2.8%
5 Year219.9%219.9%30.8%22.4%10.9%-7.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Kingboard Copper Foil Holdings undervalued compared to its fair value and its price relative to the market?

96.27x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: K14 (SGD0.6) is trading above our estimate of fair value (SGD0.2)

Significantly Undervalued: K14 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: K14 is poor value based on its PE Ratio (96.3x) compared to the Chemicals industry average (13.5x).

PE vs Market: K14 is poor value based on its PE Ratio (96.3x) compared to the SG market (13.2x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate K14's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: K14 is overvalued based on its PB Ratio (0.9x) compared to the SG Chemicals industry average (0.5x).


Next Steps

Future Growth

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

30.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: K14's forecast earnings growth (30.8% per year) is above the savings rate (2.3%).

Earnings vs Market: K14's earnings (30.8% per year) are forecast to grow faster than the SG market (5.7% per year).

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

Revenue vs Market: Insufficient data to determine if K14's revenue is forecast to grow faster than the SG market.

High Growth Revenue: Insufficient data to determine if K14's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Kingboard Copper Foil Holdings performed over the past 5 years?

9.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: K14's earnings have grown by 9% per year over the past 5 years.

Accelerating Growth: K14's earnings growth over the past year (77%) exceeds its 5-year average (9% per year).

Earnings vs Industry: K14 earnings growth over the past year (77%) exceeded the Chemicals industry 15.7%.


Return on Equity

High ROE: K14's Return on Equity (1%) is considered low.


Return on Assets

ROA vs Industry: K14's Return on Assets is below or equal to the Chemicals industry average last year.


Return on Capital Employed

ROCE Improving: K14 has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Kingboard Copper Foil Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: K14's short term assets (HK$2.6B) exceeds its short term liabilities (HK$106.5M)

Long Term Liabilities: K14's short term assets (2.6B) exceeds its long term liabilities (4.5M)


Debt to Equity History and Analysis

Debt Level: K14 is debt free.

Reducing Debt: K14 has no debt compared to 5 years ago when its debt to equity ratio was 0%.

Debt Coverage: K14 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: K14 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

What is Kingboard Copper Foil Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.5%markettop25%5.6%industryaverage3.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate K14's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate K14'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 K14's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if K14's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: K14 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of K14'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 Kingboard Copper Foil Holdings's salary, the management and board of directors tenure and is there insider trading?

11.3yrs

Average board tenure


CEO

Kingboard Copper Foil Holdings has no CEO, or we have no data on them.


Board Age and Tenure

11.3yrs

Average Tenure

63yo

Average Age

Experienced Board: K14's board of directors are seasoned and experienced ( 11.3 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.


Ownership Breakdown


Management Team

  • Juliana Loh (63yo)

    Company Secretary

    • Tenure: 6.3yrs
  • Ka Po Lam (61yo)

    Executive Chairman of the Board

    • Tenure: 7.3yrs
  • Kwok Ping Cheung (57yo)

    Executive Director

    • Tenure: 17.3yrs
  • Kam Lam (43yo)

    Financial Controller

    • Tenure: 12.7yrs

Board Members

  • Ka Po Lam (61yo)

    Executive Chairman of the Board

    • Tenure: 7.3yrs
  • Kwok Ping Cheung (57yo)

    Executive Director

    • Tenure: 17.3yrs
  • Tiong Ong (77yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: HK$52.50k
  • Yin Sang Ho (63yo)

    Non-Executive Director

    • Tenure: 12.3yrs
  • Hou Chim (76yo)

    Independent Non-Executive Director

    • Tenure: 10.3yrs
    • Compensation: HK$45.00k

Company Information

Kingboard Copper Foil Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kingboard Copper Foil Holdings Limited
  • Ticker: K14
  • Exchange: SGX
  • Founded:
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: S$429.888m
  • Shares outstanding: 722.50m
  • Website: https://www.kbcopperfoil.com

Location

  • Kingboard Copper Foil Holdings Limited
  • Delta House
  • 23rd Floor
  • Shatin
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
K14SGX (Singapore Exchange)YesOrdinary SharesSGSGDDec 1999
KNBD.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 1999

Biography

Kingboard Copper Foil Holdings Limited, an investment holding company, manufactures and trades in polyvinyl butyral (PVB) and related products in the People’s Republic of China. The company operates throug ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/05/16 12:42
End of Day Share Price2019/05/16 00:00
Earnings2018/12/31
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.