Executive Summary
EnGro Corporation Limited, an investment holding company, manufactures and sells cement and building materials, and specialty polymers primarily in Singapore, Malaysia, the People’s Republic of China, and internationally.
Snowflake
Fundamentals
Adequate balance sheet with moderate growth potential.
Share Price & News
How has EnGro's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.5%
S44
6.5%
SG Basic Materials
0.9%
SG Market
1 Year Return
8.0%
S44
-14.4%
SG Basic Materials
1.4%
SG Market
Return vs Industry: S44 exceeded the SG Basic Materials industry which returned -14.4% over the past year.
Return vs Market: S44 exceeded the SG Market which returned 1.4% over the past year.
Shareholder returns
| S44 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | 6.5% | 0.9% |
| 30 Day | -0.5% | -0.5% | -2.3% |
| 90 Day | 6.1% | -6.1% | -6.7% |
| 1 Year | 11.3%8.0% | -11.6%-14.4% | 5.4%1.4% |
| 3 Year | 13.9%5.0% | -14.6%-28.2% | 15.8%3.4% |
| 5 Year | -8.0%-19.5% | 26.0%9.2% | 11.3%-7.0% |
Price Volatility Vs. Market
How volatile is EnGro's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
I Built A List Of Growing Companies And EnGro (SGX:S44) Made The Cut3 weeks ago | Simply Wall St
Introducing EnGro (SGX:S44), The Stock That Dropped 20% In The Last Five Years1 month ago | Simply Wall St
What Kind Of Shareholder Owns Most EnGro Corporation Limited (SGX:S44) Stock?Valuation
Is EnGro undervalued compared to its fair value and its price relative to the market?
14.46x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: S44 (SGD0.95) is trading above our estimate of fair value (SGD0.34)
Significantly Undervalued: S44 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: S44 is good value based on its PE Ratio (14.5x) compared to the Basic Materials industry average (14.4x).
PE vs Market: S44 is poor value based on its PE Ratio (14.5x) compared to the SG market (13.4x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate S44's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: S44 is good value based on its PB Ratio (0.5x) compared to the SG Basic Materials industry average (0.6x).
Next Steps
Future Growth
How is EnGro forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: S44's forecast earnings growth (20.3% per year) is above the savings rate (2.3%).
Earnings vs Market: S44's earnings (20.3% 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 S44's revenue is forecast to grow faster than the SG market.
High Growth Revenue: Insufficient data to determine if S44's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if S44's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has EnGro performed over the past 5 years?
-5.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: S44's earnings have declined by -5.9% per year over the past 5 years.
Accelerating Growth: S44's earnings growth over the past year (7%) exceeds its 5-year average (-5.9% per year).
Earnings vs Industry: S44 earnings growth over the past year (7%) underperformed the Basic Materials industry 7.3%.
Return on Equity
High ROE: S44's Return on Equity (3.4%) is considered low.
Return on Assets
ROA vs Industry: S44's Return on Assets is below or equal to the Basic Materials industry average last year.
Return on Capital Employed
ROCE Improving: S44 is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is EnGro's financial position?
Financial Position Analysis
Short Term Liabilities: S44's short term assets (SGD103.0M) exceeds its short term liabilities (SGD16.8M)
Long Term Liabilities: S44's short term assets (103.0M) exceeds its long term liabilities (3.3M)
Debt to Equity History and Analysis
Debt Level: S44's debt to equity ratio (0.5%) is considered satisfactory
Reducing Debt: S44's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: S44's debt is well covered by operating cash flow (154.5%).
Interest Coverage: Insufficient data to determine if S44's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: S44 has a low level of unsold assets or inventory.
Debt Coverage by Assets: S44's debt is covered by short term assets (assets are 94.934560x debt).
Next Steps
Dividend
What is EnGro's current dividend yield, its reliability and sustainability?
2.63%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: S44's dividend (2.63%) is higher than the bottom 25% of dividend payers in the SG market (2.5%).
High Dividend: S44's dividend (2.63%) is low compared to the top 25% of dividend payers in the SG market (5.59%).
Stable Dividend: S44's dividends per share have been stable in the past 10 years.
Growing Dividend: S44's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38%), S44'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
What is the CEO of EnGro's salary, the management and board of directors tenure and is there insider trading?
9.1yrs
Average management tenure
CEO
Cheng Gay Tan (72yo)
46.8yrs
Tenure
Mr. Cheng Gay Tan serves as Managing Partner at iGlobe Partners. Mr. Tan has been the Chairman of the Board, Chief Executive Officer and Executive Director of EnGro Corporation Limited since November 27, 1 ...
Management Age and Tenure
9.1yrs
Average Tenure
59.5yo
Average Age
Experienced Management: S44's management team is seasoned and experienced (9.1 years average tenure).
Board Age and Tenure
7.8yrs
Average Tenure
70yo
Average Age
Experienced Board: S44's board of directors are considered experienced (7.8 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.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 8,800 |
| Max Price | S$0.84 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 27,100 |
| Max Price | S$0.85 |
Ownership Breakdown
Management Team
Cheng Gay Tan (72yo)
Chairman & CEO
- Tenure: 46.8yrs
Yok Koon Tan (70yo)
President of China Operations & Executive Director
- Tenure: 45.4yrs
Joanna Lim
Company Secretary
- Tenure: 13.1yrs
Yee Chuan Lim (49yo)
Group Financial Controller
- Tenure: 5.1yrs
William Tan (40yo)
Chief Financial Officer
- Tenure: 1.2yrs
Ahsan Syed
Chief Executive Officer of Engro Energy Limited
- Tenure: 0.6yrs
Board Members
Cheng Gay Tan (72yo)
Chairman & CEO
- Tenure: 46.8yrs
Ronnie Teo (70yo)
Independent Non-Executive Director
- Tenure: 7.8yrs
Soo Nan Tan (70yo)
Lead Independent Director
- Tenure: 1.8yrs
Yok Koon Tan (70yo)
President of China Operations & Executive Director
- Tenure: 45.4yrs
Steven Ong (73yo)
Independent Non-Executive Director
- Tenure: 2.3yrs
Company Information
EnGro Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: EnGro Corporation Limited
- Ticker: S44
- Exchange: SGX
- Founded: 1973
- Industry: Construction Materials
- Sector: Materials
- Market Cap: S$113.300m
- Shares outstanding: 118.64m
- Website: https://www.engro-global.com
Location
- EnGro Corporation Limited
- No. 08-05/06, Acer Building Tower B
- 29 International Business Park
- Singapore
- 609923
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| S44 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jan 1992 |
Biography
EnGro Corporation Limited, an investment holding company, manufactures and sells cement and building materials, and specialty polymers primarily in Singapore, Malaysia, the People’s Republic of China, and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:36 |
| End of Day Share Price | 2019/10/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.