Market Cap
S$74.5m
Last Updated
2021/03/05 11:10 UTC
Data Sources
Company Financials
Executive Summary
LHN Limited, an investment holding company, provides real estate management services in Singapore, Hong Kong, Indonesia, Thailand, Cambodia, Myanmar, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record and good value.
Share Price & News
How has LHN's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 41O is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 41O's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-2.1%
41O
0.2%
SG Real Estate
0.3%
SG Market
1 Year Return
48.8%
41O
-10.7%
SG Real Estate
-3.4%
SG Market
Return vs Industry: 41O exceeded the SG Real Estate industry which returned -10.7% over the past year.
Return vs Market: 41O exceeded the SG Market which returned -3.4% over the past year.
Shareholder returns
| 41O | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.1% | 0.2% | 0.3% |
| 30 Day | -9.3% | 1.4% | 1.6% |
| 90 Day | -3.6% | 2.3% | 6.1% |
| 1 Year | 60.2%48.8% | -7.4%-10.7% | 1.7%-3.4% |
| 3 Year | 10.9%-2.1% | -19.2%-26.4% | -7.1%-18.5% |
| 5 Year | 65.9%40.9% | 3.3%-10.7% | 17.8%-3.8% |
Long-Term Price Volatility Vs. Market
How volatile is LHN's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is LHN 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: 41O (SGD0.19) is trading below our estimate of fair value (SGD4.03)
Significantly Below Fair Value: 41O is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 41O is good value based on its PE Ratio (3.1x) compared to the SG Real Estate industry average (13.9x).
PE vs Market: 41O is good value based on its PE Ratio (3.1x) compared to the SG market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 41O's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 41O is overvalued based on its PB Ratio (0.6x) compared to the SG Real Estate industry average (0.5x).
Next Steps
Future Growth
How is LHN forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
45.0%
Forecasted Real Estate 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 LHN 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 LHN 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.
- Explore growth companies in the Real Estate industry.
Past Performance
How has LHN performed over the past 5 years?
12.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 41O has high quality earnings.
Growing Profit Margin: 41O's current net profit margins (18%) are higher than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: 41O's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: 41O's earnings growth over the past year (194.6%) exceeds its 5-year average (12.7% per year).
Earnings vs Industry: 41O earnings growth over the past year (194.6%) exceeded the Real Estate industry -45.7%.
Return on Equity
High ROE: 41O's Return on Equity (20%) is considered low.
Next Steps
Financial Health
How is LHN's financial position?
Financial Position Analysis
Short Term Liabilities: 41O's short term assets (SGD108.9M) exceed its short term liabilities (SGD94.2M).
Long Term Liabilities: 41O's short term assets (SGD108.9M) do not cover its long term liabilities (SGD126.0M).
Debt to Equity History and Analysis
Debt Level: 41O's debt to equity ratio (54%) is considered high.
Reducing Debt: 41O's debt to equity ratio has increased from 35.5% to 54% over the past 5 years.
Debt Coverage: 41O's debt is well covered by operating cash flow (72.8%).
Interest Coverage: 41O's interest payments on its debt are well covered by EBIT (8.3x coverage).
Balance Sheet
Next Steps
Dividend
What is LHN current dividend yield, its reliability and sustainability?
6.72%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 41O's dividend (6.72%) is higher than the bottom 25% of dividend payers in the SG market (1.97%).
High Dividend: 41O's dividend (6.72%) is in the top 25% of dividend payers in the SG market (4.77%)
Stability and Growth of Payments
Stable Dividend: 41O has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 41O's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.8%), 41O'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?
5.7yrs
Average management tenure
CEO
Kelvin Lim (42 yo)
6.67yrs
Tenure
S$2,554,000
Compensation
Mr. Lung Tieng Lim, also known as Kelvin and Lin Longtian, serves as an Executive Chairman and Group Managing Director at LHN Limited since July 2014. Mr. Lim is primarily responsible for the business deve...
CEO Compensation Analysis
Compensation vs Market: Kelvin's total compensation ($USD1.92M) is above average for companies of similar size in the SG market ($USD384.55K).
Compensation vs Earnings: Kelvin's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Group MD | 6.67yrs | S$2.55m | no data | |
| Deputy Group MD & Executive Director | 6.67yrs | S$957.00k | no data | |
| Chief Financial Officer | 5.67yrs | no data | no data | |
| General Manager | 10.67yrs | no data | no data | |
| Joint Company Secretary | 3.75yrs | no data | no data | |
| Joint Company Secretary | 0.92yr | no data | no data |
5.7yrs
Average Tenure
43.5yo
Average Age
Experienced Management: 41O's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Group MD | 6.67yrs | S$2.55m | no data | |
| Deputy Group MD & Executive Director | 6.67yrs | S$957.00k | no data | |
| Lead Independent Non-executive Director | 3.75yrs | S$66.00k | no data | |
| Independent Non-Executive Director | 6yrs | S$62.00k | no data | |
| Independent Non-Executive Director | 3.75yrs | S$70.00k | no data |
6.0yrs
Average Tenure
47yo
Average Age
Experienced Board: 41O's board of directors are considered experienced (6 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
LHN Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: LHN Limited
- Ticker: 41O
- Exchange: Catalist
- Founded: 1991
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: S$74.452m
- Shares outstanding: 402.45m
- Website: https://www.lhngroup.com
Number of Employees
Location
- LHN Limited
- No. 02-18, 10 Raeburn Park
- Singapore
- 88702
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 41O | Catalist (Singapore Exchange Catalist Market) | Yes | Ordinary Shares | SG | SGD | Apr 2015 |
| 1730 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Apr 2015 |
Biography
LHN Limited, an investment holding company, provides real estate management services in Singapore, Hong Kong, Indonesia, Thailand, Cambodia, Myanmar, and internationally. It operates through three segments...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 11:10 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.