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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Share Price & News
How has EnGro's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S44 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-5.4%
S44
-4.0%
SG Basic Materials
-3.7%
SG Market
1 Year Return
-2.6%
S44
1.3%
SG Basic Materials
-25.7%
SG Market
Return vs Industry: S44 underperformed the SG Basic Materials industry which returned 2.4% over the past year.
Return vs Market: S44 exceeded the SG Market which returned -24.9% over the past year.
Shareholder returns
| S44 | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.4% | -4.0% | -3.7% |
| 30 Day | -2.1% | 28.2% | -1.9% |
| 90 Day | 17.9% | 0.7% | -4.7% |
| 1 Year | 0.4%-2.6% | 5.8%1.3% | -21.6%-25.7% |
| 3 Year | 10.9%1.6% | -13.8%-21.7% | -23.1%-32.4% |
| 5 Year | 9.2%-5.0% | -40.0%-52.4% | -8.5%-25.2% |
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
1 month ago | Simply Wall St
Is There More To The Story Than EnGro's (SGX:S44) Earnings Growth?1 month ago | Simply Wall St
Is Now The Time To Put EnGro (SGX:S44) On Your Watchlist?3 months ago | Simply Wall St
Many Still Looking Away From EnGro Corporation Limited (SGX:S44)Valuation
Is EnGro 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: S44 (SGD0.96) is trading below our estimate of fair value (SGD29.59)
Significantly Below Fair Value: S44 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: S44 is good value based on its PE Ratio (11.2x) compared to the XA Basic Materials industry average (14.7x).
PE vs Market: S44 is good value based on its PE Ratio (11.2x) compared to the SG market (12.9x).
Price to Earnings Growth Ratio
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's PB Ratio (0.5x) is in line with the SG Basic Materials industry average.
Next Steps
Future Growth
How is EnGro forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.1%
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 EnGro 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
- Examine whether EnGro is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- EnGro competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has EnGro performed over the past 5 years?
40.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S44 has high quality earnings.
Growing Profit Margin: S44's current net profit margins (8.4%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: S44's earnings have grown significantly by 40.2% per year over the past 5 years.
Accelerating Growth: S44's earnings growth over the past year (29.3%) is below its 5-year average (40.2% per year).
Earnings vs Industry: S44 earnings growth over the past year (29.3%) exceeded the Basic Materials industry 4.8%.
Return on Equity
High ROE: S44's Return on Equity (4.2%) is considered low.
Next Steps
Financial Health
How is EnGro's financial position?
Financial Position Analysis
Short Term Liabilities: S44's short term assets (SGD106.1M) exceed its short term liabilities (SGD15.8M).
Long Term Liabilities: S44's short term assets (SGD106.1M) exceed its long term liabilities (SGD5.2M).
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 reduced from 0.8% to 0.5% over the past 5 years.
Debt Coverage: S44's debt is well covered by operating cash flow (1532.1%).
Interest Coverage: Insufficient data to determine if S44's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is EnGro current dividend yield, its reliability and sustainability?
2.62%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: S44's dividend (2.62%) is higher than the bottom 25% of dividend payers in the SG market (2.55%).
High Dividend: S44's dividend (2.62%) is low compared to the top 25% of dividend payers in the SG market (5.56%).
Stability and Growth of Payments
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 (29.4%), 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
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Cheng Gay Tan (73 yo)
47.75yrs
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 ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 47.75yrs | no data | 0.57% SGD 651.4k | |
| President of China Operations & Executive Director | 46.42yrs | no data | 0.31% SGD 349.5k | |
| Chief Financial Officer | 0.25yr | no data | no data | |
| Group Financial Controller | 6.08yrs | no data | no data | |
| Chief Executive Officer of Engro Energy Limited | 1.58yrs | no data | no data | |
| Company Secretary | 0.17yr | no data | no data |
3.8yrs
Average Tenure
71yo
Average Age
Experienced Management: S44's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 47.75yrs | no data | 0.57% SGD 651.4k | |
| President of China Operations & Executive Director | 46.42yrs | no data | 0.31% SGD 349.5k | |
| Independent Non-Executive Director | 8.75yrs | no data | no data | |
| Lead Independent Director | 2.75yrs | no data | no data | |
| Independent Non-Executive Director | 3.25yrs | no data | no data |
8.8yrs
Average Tenure
71yo
Average Age
Experienced Board: S44's board of directors are considered experienced (8.8 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
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
- 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 | 2020/10/30 12:39 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.