SGX:KUO

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International Cement Group

Executive Summary

International Cement Group Ltd., together with its subsidiaries, primarily engages in the production, sale, and distribution of cement in Singapore, Malaysia, Australia, Tajikistan, Afghanistan, Uzbekistan, and internationally. More Details


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

How has International Cement Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KUO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.1%

KUO

10.2%

SG Basic Materials

-0.7%

SG Market


1 Year Return

226.3%

KUO

20.9%

SG Basic Materials

-22.2%

SG Market

Return vs Industry: KUO exceeded the SG Basic Materials industry which returned 20.9% over the past year.

Return vs Market: KUO exceeded the SG Market which returned -22.2% over the past year.


Shareholder returns

KUOIndustryMarket
7 Day5.1%10.2%-0.7%
30 Day77.1%28.1%1.4%
90 Day244.4%54.8%-2.6%
1 Year226.3%226.3%27.1%20.9%-17.9%-22.2%
3 Year82.4%82.4%-7.9%-16.7%-20.3%-30.0%
5 Yearn/a-39.1%-51.7%-4.5%-21.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is International Cement Group 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: KUO (SGD0.06) is trading below our estimate of fair value (SGD0.18)

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


Price To Earnings Ratio

PE vs Industry: KUO is poor value based on its PE Ratio (21.1x) compared to the XA Basic Materials industry average (14.8x).

PE vs Market: KUO is poor value based on its PE Ratio (21.1x) compared to the SG market (13.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KUO is overvalued based on its PB Ratio (1.7x) compared to the SG Basic Materials industry average (0.5x).


Next Steps

Future Growth

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

11.9%

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 International Cement Group 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 International Cement Group performed over the past 5 years?

58.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KUO has high quality earnings.

Growing Profit Margin: KUO's current net profit margins (12.3%) are lower than last year (13.2%).


Past Earnings Growth Analysis

Earnings Trend: KUO's earnings have grown significantly by 58.1% per year over the past 5 years.

Accelerating Growth: KUO's earnings growth over the past year (5.8%) is below its 5-year average (58.1% per year).

Earnings vs Industry: KUO earnings growth over the past year (5.8%) exceeded the Basic Materials industry 4.3%.


Return on Equity

High ROE: KUO's Return on Equity (11.3%) is considered low.


Next Steps

Financial Health

How is International Cement Group's financial position?


Financial Position Analysis

Short Term Liabilities: KUO's short term assets (SGD56.2M) exceed its short term liabilities (SGD54.0M).

Long Term Liabilities: KUO's short term assets (SGD56.2M) do not cover its long term liabilities (SGD56.2M).


Debt to Equity History and Analysis

Debt Level: KUO's debt to equity ratio (6.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if KUO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: KUO's debt is well covered by operating cash flow (457.1%).

Interest Coverage: KUO's interest payments on its debt are well covered by EBIT (18.9x coverage).


Balance Sheet


Next Steps

Dividend

What is International Cement Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

5.9yrs

Average board tenure


CEO

Jianshun Cao

1.58yrs

Tenure

Mr. Jianshun Cao has been Deputy Chief Executive Officer at International Cement Group Ltd. since March 8, 2019. He serves as Chief Executive Officer of International Manufacturing Company Chzhungtsai Mohi ...


Board Members

NamePositionTenureCompensationOwnership
Zhaoyang Ma
Executive Chairman5.92yrsno data2.05%
SGD 7.4m
Beng Hua Chng
Executive Director13.67yrsno data0.34%
SGD 1.2m
Chin Huat Guok
Independent Director0.83yrno datano data
Ah Chye Kan
Lead Independent Directorno datano datano data
Hui Min Sam
Independent Director9yrsno datano data
Zengtao Zhang
Non-Independent Non-Executive Director5.92yrsno data3.79%
SGD 13.7m
Loke Tan Wong
Independent Director0.83yrno datano data

5.9yrs

Average Tenure

54yo

Average Age

Experienced Board: KUO's board of directors are considered experienced (5.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: KUO 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

International Cement Group Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: International Cement Group Ltd.
  • Ticker: KUO
  • Exchange: SGX
  • Founded:
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: S$361.288m
  • Shares outstanding: 5.73b
  • Website: https://www.internationalcementgroup.com

Location

  • International Cement Group Ltd.
  • 290 Orchard Road
  • No. 14-07 The Paragon
  • Singapore
  • 238859
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KUOSGX (Singapore Exchange)YesNew Ordinary SharesSGSGDOct 2017

Biography

International Cement Group Ltd., together with its subsidiaries, primarily engages in the production, sale, and distribution of cement in Singapore, Malaysia, Australia, Tajikistan, Afghanistan, Uzbekistan ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 13:05
End of Day Share Price2020/10/27 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.