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S7OU

Asian Pay Television TrustSGX:S7OU Stock Report

Market Cap

S$245.7m

7D

3.0%

1Y

10.6%

Updated

20 Oct, 2021

Data

Company Financials +
S7OU fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance4/6
Financial Health1/6
Dividends3/6

S7OU Overview

Asian Pay Television Trust owns, operates, and maintains pay-TV and broadband businesses in Taiwan, Hong Kong, Japan, and Singapore.

Asian Pay Television Trust Competitors

Taiwan Mobile

TWSE:3045

NT$276.0b

Taiwan Optical Platform

TWSE:6464

NT$13.6b

Price History & Performance

Summary of all time highs, changes and price drops for Asian Pay Television Trust
Historical stock prices
Current Share PriceS$0.14
52 Week HighS$0.10
52 Week LowS$0.14
Beta0.93
1 Month Change4.61%
3 Month Change7.94%
1 Year Change10.57%
3 Year Change-56.83%
5 Year Change-73.59%
Change since IPO-85.61%

Recent News & Updates

Jun 10
Is Now The Time To Look At Buying Asian Pay Television Trust (SGX:S7OU)?

Is Now The Time To Look At Buying Asian Pay Television Trust (SGX:S7OU)?

Asian Pay Television Trust ( SGX:S7OU ), is not the largest company out there, but it saw a decent share price growth...

Shareholder Returns

S7OUSG MediaSG Market
7D3.0%1.3%2.4%
1Y10.6%116.0%22.6%

Return vs Industry: S7OU underperformed the SG Media industry which returned 116% over the past year.

Return vs Market: S7OU underperformed the SG Market which returned 22.6% over the past year.

Price Volatility

Is S7OU's price volatile compared to industry and market?
S7OU volatility
S7OU Beta0.93
Industry Beta0.73
Market Beta1

Stable Share Price: S7OU is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: S7OU's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999n/aBrian McKinleyhttps://www.aptt.sg

Asian Pay Television Trust owns, operates, and maintains pay-TV and broadband businesses in Taiwan, Hong Kong, Japan, and Singapore. It provides basic cable TV and premium digital cable TV services; and high-speed broadband services, as well as electronic program guide data. The company serves households, other system operators, and third party customers.

Asian Pay Television Trust Fundamentals Summary

How do Asian Pay Television Trust's earnings and revenue compare to its market cap?
S7OU fundamental statistics
Market CapS$245.66m
Earnings (TTM)S$21.54m
Revenue (TTM)S$300.47m

11.4x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
S7OU income statement (TTM)
RevenueS$300.47m
Cost of RevenueS$58.87m
Gross ProfitS$241.60m
ExpensesS$220.06m
EarningsS$21.54m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.012
Gross Margin80.41%
Net Profit Margin7.17%
Debt/Equity Ratio126.7%

How did S7OU perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

80%

Payout Ratio

Valuation

Is Asian Pay Television Trust 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: S7OU (SGD0.14) is trading below our estimate of fair value (SGD0.82)

Significantly Below Fair Value: S7OU is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: S7OU is good value based on its PE Ratio (11.4x) compared to the SG Media industry average (12.3x).

PE vs Market: S7OU is good value based on its PE Ratio (11.4x) compared to the SG market (13.6x).


Price to Earnings Growth Ratio

PEG Ratio: S7OU is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: S7OU is good value based on its PB Ratio (0.2x) compared to the SG Media industry average (1.6x).


Future Growth

How is Asian Pay Television Trust forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: S7OU's forecast earnings growth (12.4% per year) is above the savings rate (1.8%).

Earnings vs Market: S7OU's earnings (12.4% per year) are forecast to grow slower than the SG market (15.2% per year).

High Growth Earnings: S7OU's earnings are forecast to grow, but not significantly.

Revenue vs Market: S7OU's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: S7OU's revenue is forecast to decline over the next 3 years (-1.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if S7OU's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Asian Pay Television Trust performed over the past 5 years?

-32.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: S7OU has high quality earnings.

Growing Profit Margin: S7OU's current net profit margins (7.2%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: S7OU's earnings have declined by 32.2% per year over the past 5 years.

Accelerating Growth: S7OU's earnings growth over the past year (39.5%) exceeds its 5-year average (-32.2% per year).

Earnings vs Industry: S7OU earnings growth over the past year (39.5%) exceeded the Media industry 25%.


Return on Equity

High ROE: S7OU's Return on Equity (1.8%) is considered low.


Financial Health

How is Asian Pay Television Trust's financial position?


Financial Position Analysis

Short Term Liabilities: S7OU's short term assets (SGD152.0M) exceed its short term liabilities (SGD140.7M).

Long Term Liabilities: S7OU's short term assets (SGD152.0M) do not cover its long term liabilities (SGD1.7B).


Debt to Equity History and Analysis

Debt Level: S7OU's debt to equity ratio (126.7%) is considered high.

Reducing Debt: S7OU's debt to equity ratio has increased from 102% to 126.7% over the past 5 years.

Debt Coverage: S7OU's debt is not well covered by operating cash flow (11.8%).

Interest Coverage: S7OU's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


Dividend

What is Asian Pay Television Trust current dividend yield, its reliability and sustainability?

7.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: S7OU's dividend (7.35%) is higher than the bottom 25% of dividend payers in the SG market (1.95%).

High Dividend: S7OU's dividend (7.35%) is in the top 25% of dividend payers in the SG market (5.24%)


Stability and Growth of Payments

Stable Dividend: S7OU has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: S7OU has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (79.7%), S7OU's payments are 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?

6.3yrs

Average board tenure


CEO

Brian McKinley

4.5yrs

Tenure

Mr. Brian McKinley has been the Chief Executive Officer and Executive Director at APTT Management Pte. Limited (Formerly known as Macquarie APTT Management Pte. Limited) Trustee Manager of Asian Pay Televi...


Board Members

Experienced Board: S7OU's board of directors are considered experienced (6.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: S7OU 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

Asian Pay Television Trust's employee growth, exchange listings and data sources


Key Information

  • Name: Asian Pay Television Trust
  • Ticker: S7OU
  • Exchange: SGX
  • Founded: 1999
  • Industry: Cable and Satellite
  • Sector: Media
  • Market Cap: S$245.664m
  • Shares outstanding: 1.81b
  • Website: https://www.aptt.sg

Location

  • Asian Pay Television Trust
  • 150 Beach Road
  • No. 35-39, The Gateway West
  • Singapore
  • 189720
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:13
End of Day Share Price2021/10/20 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.