SGX:E27

Stock Analysis Report

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Executive Summary

The Place Holdings Limited, an investment holding company, invests in, develops, and manages media, integrated tourism, and tourism-related 'new retail' businesses in the People’s Republic of China.


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: E27 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.7%

E27

6.2%

SG Media

0.3%

SG Market


1 Year Return

-22.2%

E27

6.3%

SG Media

-21.6%

SG Market

Return vs Industry: E27 underperformed the SG Media industry which returned 6.3% over the past year.

Return vs Market: E27 matched the SG Market which returned -21.6% over the past year.


Shareholder returns

E27IndustryMarket
7 Day-6.7%6.2%0.3%
30 Day7.7%8.6%-0.4%
90 Day7.7%26.5%4.7%
1 Year-22.2%-22.2%8.3%6.3%-17.3%-21.6%
3 Year-60.0%-60.0%-24.5%-28.2%-12.3%-22.9%
5 Year0%0%-46.3%-50.1%-6.8%-23.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1076.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: E27 (SGD0.01) is trading above our estimate of fair value (SGD0)

Significantly Below Fair Value: E27 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: E27 is poor value based on its PE Ratio (1076.9x) compared to the XA Media industry average (21.3x).

PE vs Market: E27 is poor value based on its PE Ratio (1076.9x) compared to the SG market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate E27's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: E27 is good value based on its PB Ratio (0.9x) compared to the XA Media industry average (1.4x).


Next Steps

Future Growth

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

18.9%

Forecasted Media 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 Place Holdings 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 Place Holdings performed over the past 5 years?

32.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: E27 has high quality earnings.

Growing Profit Margin: E27's current net profit margins (3.5%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: E27 has become profitable over the past 5 years, growing earnings by 32.8% per year.

Accelerating Growth: E27's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: E27 had negative earnings growth (-95.8%) over the past year, making it difficult to compare to the Media industry average (-4%).


Return on Equity

High ROE: E27's Return on Equity (0.09%) is considered low.


Next Steps

Financial Health

How is Place Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: E27's short term assets (SGD98.6M) exceed its short term liabilities (SGD7.8M).

Long Term Liabilities: E27's short term assets (SGD98.6M) exceed its long term liabilities (SGD890.0K).


Debt to Equity History and Analysis

Debt Level: E27 is debt free.

Reducing Debt: E27 has no debt compared to 5 years ago when its debt to equity ratio was 110.3%.

Debt Coverage: E27 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: E27 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Place Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate E27's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate E27'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 E27's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if E27'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 E27'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?

3.0yrs

Average management tenure


CEO

Xianyong Fan (55yo)

2.25yrs

Tenure

S$49,897

Compensation

Mr. Xianyong Fan has been an Executive Director of The Place Holdings Limited since October 12, 2016. Mr. Fan has been General Manager and Director of Beijng Aozhongxingye Real Estate Development Co., Ltd ...


CEO Compensation Analysis

Compensation vs Market: Xianyong's total compensation ($USD0.00) is below average for companies of similar size in the SG market ($USD362.32K).

Compensation vs Earnings: Insufficient data to compare Xianyong's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Zenghe Ji
Executive Chairman3.75yrsS$92.67kno data
Xianyong Fan
CEO & Executive Director2.25yrsS$49.90kno data
Ai Li Tay
Financial Controller3.75yrsno datano data
Kuang-Yi Meng
Marketing Director1.17yrsno datano data
Guan Leow Soon
Chief Strategy Officer1.17yrsno datano data
Heng Chong Lim
Joint Company Secretary3.75yrsno datano data
Lingna Dai
Joint Company Secretary3.75yrsno datano data

3.0yrs

Average Tenure

55yo

Average Age

Experienced Management: E27's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zenghe Ji
Executive Chairman3.75yrsS$92.67kno data
Xianyong Fan
CEO & Executive Director2.25yrsS$49.90kno data
Hee Kok Chng
Independent Director1.42yrsno datano data
Kwong Wah Er
Lead Independent Directorno dataS$50.00kno data
Quan Sun
Non-Executive Director3.75yrsno datano data
Fook Ai Ng
Independent Director2.5yrsS$36.67kno data
Chiah-Shiung Foo
Independent Director1.92yrsS$16.67k0.031% SGD27.2k

3.1yrs

Average Tenure

60yo

Average Age

Experienced Board: E27's board of directors are considered experienced (3.1 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

The Place Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Place Holdings Limited
  • Ticker: E27
  • Exchange: SGX
  • Founded: 1988
  • Industry: Advertising
  • Sector: Media
  • Market Cap: S$88.210m
  • Shares outstanding: 5.88b
  • Website: https://www.theplaceholdings.com

Number of Employees


Location

  • The Place Holdings Limited
  • 6 Battery Road
  • No. 16-06
  • Singapore
  • 49909
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
E27SGX (Singapore Exchange)YesOrdinary SharesSGSGDSep 2004

Biography

The Place Holdings Limited, an investment holding company, invests in, develops, and manages media, integrated tourism, and tourism-related 'new retail' businesses in the People’s Republic of China. It engages in the management of various cultural events and activities; and provision of branding strategy, planning, and organizing services for corporate events, exhibitions, and other events, as well as advertising services. The company also development and operating of integrated tourism business, including development of tourist townships near renowned tourist destinations; and the development of commercial malls, hotels, entertainment and recreation facilities, resorts, corporate clubhouses, and wellness resorts for the elderly. The company was formerly known as Eucon Holding Limited and changed its name to The Place Holdings Limited in May 2017. The Place Holdings Limited was founded in 1988 and is based in Singapore. The Place Holdings Limited is a subsidiary of Oriental Straits Fund III. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 12:54
End of Day Share Price2020/07/13 00:00
Earnings2019/12/31
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.