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S44

EnGroSGX:S44 Stock Report

Last Price

S$1.28

Market Cap

S$151.9m

7D

-0.8%

1Y

24.3%

Updated

25 Jan, 2022

Data

Company Financials
S44 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

S44 Stock Overview

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.

Price History & Performance

Summary of all time highs, changes and price drops for EnGro
Historical stock prices
Current Share PriceS$1.28
52 Week HighS$1.44
52 Week LowS$1.00
Beta0.43
1 Month Change-1.54%
3 Month Change-1.54%
1 Year Change24.27%
3 Year Change50.59%
5 Year Change48.84%
Change since IPO-44.06%

Recent News & Updates

Shareholder Returns

S44SG Basic MaterialsSG Market
7D-0.8%0.05%-1.1%
1Y24.3%-20.6%4.0%

Return vs Industry: S44 exceeded the SG Basic Materials industry which returned -22% over the past year.

Return vs Market: S44 exceeded the SG Market which returned 4.1% over the past year.

Price Volatility

Is S44's price volatile compared to industry and market?
S44 volatility
S44 Average Weekly Movementn/a
Basic Materials Industry Average Movement5.2%
Market Average Movement4.5%
10% most volatile stocks in SG Market11.9%
10% least volatile stocks in SG Market2.1%

Stable Share Price: Insufficient data to determine S44's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine S44's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1973n/aCheng Gay Tanhttps://www.engro-global.com

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. It operates through four segments: Cement and Building Materials, Specialty Polymer, Investments, and Food and Beverage. The Cement and Building Materials segment manufactures and sells cement and other building materials.

EnGro Fundamentals Summary

How do EnGro's earnings and revenue compare to its market cap?
S44 fundamental statistics
Market CapS$151.94m
Earnings (TTM)S$42.26m
Revenue (TTM)S$118.31m

3.6x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
S44 income statement (TTM)
RevenueS$118.31m
Cost of RevenueS$86.02m
Gross ProfitS$32.28m
Expenses-S$9.98m
EarningsS$42.26m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.36
Gross Margin27.29%
Net Profit Margin35.72%
Debt/Equity Ratio2.2%

How did S44 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

7%

Payout Ratio

Valuation

Is EnGro undervalued compared to its fair value and its price relative to the market?

3.6x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: S44 (SGD1.28) is trading above our estimate of fair value (SGD0.69)

Significantly Below Fair Value: 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 (3.6x) compared to the Asian Basic Materials industry average (15x).

PE vs Market: S44 is good value based on its PE Ratio (3.6x) compared to the SG market (13.1x).


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 is good value based on its PB Ratio (0.5x) compared to the SG Basic Materials industry average (0.7x).


Future Growth

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

13.2%

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 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.


Past Performance

How has EnGro performed over the past 5 years?

51.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: S44 has a high level of non-cash earnings.

Growing Profit Margin: S44's current net profit margins (35.7%) are higher than last year (8.3%).


Past Earnings Growth Analysis

Earnings Trend: S44 has become profitable over the past 5 years, growing earnings by 51.4% per year.

Accelerating Growth: S44's earnings growth over the past year (318.3%) exceeds its 5-year average (51.4% per year).

Earnings vs Industry: S44 earnings growth over the past year (318.3%) exceeded the Basic Materials industry 27.4%.


Return on Equity

High ROE: S44's Return on Equity (15%) is considered low.


Financial Health

How is EnGro's financial position?


Financial Position Analysis

Short Term Liabilities: S44's short term assets (SGD116.5M) exceed its short term liabilities (SGD23.6M).

Long Term Liabilities: S44's short term assets (SGD116.5M) exceed its long term liabilities (SGD11.4M).


Debt to Equity History and Analysis

Debt Level: S44 has more cash than its total debt.

Reducing Debt: S44's debt to equity ratio has reduced from 3.7% to 2.2% over the past 5 years.

Debt Coverage: S44's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if S44's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is EnGro current dividend yield, its reliability and sustainability?

1.95%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: S44's dividend (1.95%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.03%).

High Dividend: S44's dividend (1.95%) 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 low payout ratio (7%), S44's dividend payments are thoroughly 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?

2.2yrs

Average management tenure


CEO

Cheng Gay Tan (74 yo)

no data

Tenure

Mr. Cheng Gay Tan serves as Managing Partner at iGlobe Partners. He serves as Executive Chairman of the Board and Chief Executive Officer of EnGro Corporation Limited. Mr. Tan served as the Chairman of the...


Leadership Team

Experienced Management: S44's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: S44's board of directors are considered experienced (4.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: S44 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 employee growth, exchange listings and data sources


Key Information

  • Name: EnGro Corporation Limited
  • Ticker: S44
  • Exchange: SGX
  • Founded: 1973
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: S$151.939m
  • Shares outstanding: 118.70m
  • Website: https://www.engro-global.com

Location

  • EnGro Corporation Limited
  • No. 08-05/06, Acer Building
  • Tower B
  • Singapore
  • 609923
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/25 15:49
End of Day Share Price2022/01/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.