SGX:S7OU

Stock Analysis Report

Asian Pay Television Trust

Executive Summary

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

Snowflake

Risks

  • Asian Pay Television Trust is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.

Share Price & News

How has Asian Pay Television Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.2%

SGX:S7OU

-1.5%

SG Media

-1.3%

SG Market


1 Year Return

-55.3%

SGX:S7OU

-26.4%

SG Media

-3.3%

SG Market

S7OU underperformed the Media industry which returned -38.3% over the past year.

S7OU underperformed the Market in Singapore which returned -3.3% over the past year.


Share holder returns

S7OUIndustryMarket
7 Day-1.2%-1.5%-1.3%
30 Day-10.1%-9.1%-6.6%
90 Day-2.9%-14.3%-2.5%
1 Year-45.9%-55.3%-22.8%-26.4%0.5%-3.3%
3 Year-52.7%-69.6%-36.1%-45.0%15.0%2.9%
5 Year-62.0%-80.8%-35.0%-49.3%7.4%-10.4%

Price Volatility Vs. Market

How volatile is Asian Pay Television Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Asian Pay Television Trust undervalued based on future cash flows and its price relative to the stock market?

23%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Asian Pay Television Trust's share price is below the future cash flow value, and at a moderate discount (> 20%).

Asian Pay Television Trust's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Asian Pay Television Trust is overvalued based on earnings compared to the Asia Media industry average.

Asian Pay Television Trust is overvalued based on earnings compared to the Singapore market.


Price Based on Expected Growth

Asian Pay Television Trust earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Asian Pay Television Trust is good value based on assets compared to the Asia Media industry average.

Future Growth

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

-9.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Asian Pay Television Trust's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Asian Pay Television Trust's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Asian Pay Television Trust's revenues are expected to decrease over the next 1-3 years, this is below the Singapore market average.

Asian Pay Television Trust's earnings are expected to decrease over the next 1-3 years, this is below the Singapore market average.

Asian Pay Television Trust's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Asian Pay Television Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Past Performance

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

-37.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Asian Pay Television Trust's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Asian Pay Television Trust's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Asian Pay Television Trust's 1-year earnings growth is negative, it can't be compared to the Asia Media industry average.


Return on Equity

Asian Pay Television Trust has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Asian Pay Television Trust used its assets less efficiently than the Asia Media industry average last year based on Return on Assets.


Return on Capital Employed

Asian Pay Television Trust's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).

Financial Health

How is Asian Pay Television Trust's financial position?


Financial Position Analysis

Asian Pay Television Trust's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Asian Pay Television Trust's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Asian Pay Television Trust's level of debt (142.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (76.4% vs 142.2% today).

Debt is not well covered by operating cash flow (10%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.1x debt.

Dividend

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

7.06%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Asian Pay Television Trust before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Asian Pay Television Trust's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.66%).

Asian Pay Television Trust's dividend is above the markets top 25% of dividend payers in Singapore (5.73%).

Asian Pay Television Trust has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Asian Pay Television Trust has only been paying a dividend for 6 years, and since then dividends per share have fallen.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.

Management

What is the CEO of Asian Pay Television Trust's salary, the management and board of directors tenure and is there insider trading?

5.2yrs

Average board tenure


CEO

Brian McKinley

2.3yrs

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 Age and Tenure

5.2yrs

Average Tenure

63.5yo

Average Age

The tenure for the Asian Pay Television Trust board of directors is about average.


Insider Trading

More shares have been bought than sold by Asian Pay Television Trust individual insiders in the past 3 months.


Recent Insider Transactions

BuyS$506,34427 May 19
Fang-Ming Lu
EntityIndividual
Role
Vice Chairman
Shares2,923,100
Max PriceS$0.17
BuyS$363,33023 May 19
Fang-Ming Lu
EntityIndividual
Role
Vice Chairman
Shares2,076,900
Max PriceS$0.18
BuyS$35,60016 May 19
Shin Leong
EntityIndividual
Role
Member of the Board of Directors
Shares200,000
Max PriceS$0.18
BuyS$39,69416 May 19
Chung Tan
EntityIndividual
Role
Member of the Board of Directors
Shares223,000
Max PriceS$0.18
BuyS$52,50016 May 19
Brian McKinley
EntityIndividual
Role
CEO & Executive Director of APTT Management Pte Limited
Member of the Board of Directors
Shares300,000
Max PriceS$0.17

Ownership Breakdown


Management Team

  • Kevin Lin

    Chief Legal Officer of Macquarie Aptt Management Pte. Limited

  • Brian McKinley

    CEO & Executive Director of APTT Management Pte Limited

    • Tenure: 2.3yrs
  • Somnath Adak (35yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
  • Yi Kim

    Company Secretary


Board Members

  • Lum Yong (70yo)

    Chairman of APTT Management Pte Limited

    • Tenure: 6.3yrs
    • Compensation: SGD120.00k
  • Fang-Ming Lu (64yo)

    Vice Chair of APTT Management Pte Limited

    • Tenure: 2.3yrs
  • Richard Tan (55yo)

    Independent Director of APTT Management Pte Limited

    • Tenure: 6.3yrs
    • Compensation: SGD120.00k
  • Shin Leong (63yo)

    Independent Director of APTT Management Pte Limited

    • Tenure: 6.3yrs
    • Compensation: SGD120.00k
  • Brian McKinley

    CEO & Executive Director of APTT Management Pte Limited

    • Tenure: 2.3yrs
  • Joanna Ong

    Independent Director of APTT Management Pte Limited

    • Tenure: 4.1yrs
    • Compensation: SGD120.00k

Company Information

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


Key Information

  • Name: Asian Pay Television Trust
  • Ticker: S7OU
  • Exchange: SGX
  • Founded:
  • Industry: cable and satellite
  • Sector: media
  • Market Cap: S$245.162m
  • Shares outstanding: 1.44b
  • Website: Click here

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
S7OUSGX (Singapore Exchange)YesUnitsSGSGDMay 2013
APTT.FOTCPK (Pink Sheets LLC)YesUnitsUSUSDMay 2013

Biography

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 hi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:56
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.