SGX:5UX

Stock Analysis Report

Executive Summary

Oxley Holdings Limited, an investment holding company, invests in and develops properties.


Snowflake Analysis

Mediocre balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 5UX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.4%

5UX

3.1%

SG Real Estate

4.8%

SG Market


1 Year Return

-32.3%

5UX

-29.9%

SG Real Estate

-23.8%

SG Market

Return vs Industry: 5UX underperformed the SG Real Estate industry which returned -29.9% over the past year.

Return vs Market: 5UX underperformed the SG Market which returned -23.8% over the past year.


Shareholder returns

5UXIndustryMarket
7 Day2.4%3.1%4.8%
30 Day-34.4%-21.2%-20.5%
90 Day-41.7%-25.6%-23.5%
1 Year-29.9%-32.3%-27.3%-29.9%-20.5%-23.8%
3 Year-44.8%-50.1%-30.3%-36.3%-17.1%-26.0%
5 Year-34.5%-44.6%-27.9%-37.6%-15.4%-29.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

7.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 5UX (SGD0.21) is trading above our estimate of fair value (SGD0.21)

Significantly Below Fair Value: 5UX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 5UX is good value based on its PE Ratio (7.2x) compared to the Real Estate industry average (10.1x).

PE vs Market: 5UX is good value based on its PE Ratio (7.2x) compared to the SG market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: 5UX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 5UX is overvalued based on its PB Ratio (0.6x) compared to the SG Real Estate industry average (0.4x).


Next Steps

Future Growth

How is Oxley Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-26.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5UX's earnings are forecast to decline over the next 3 years (-26% per year).

Earnings vs Market: 5UX's earnings are forecast to decline over the next 3 years (-26% per year).

High Growth Earnings: 5UX's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 5UX's revenue is expected to decline over the next 3 years (-15.7% per year).

High Growth Revenue: 5UX's revenue is forecast to decline over the next 3 years (-15.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 5UX's Return on Equity is forecast to be low in 3 years time (8.3%).


Next Steps

Past Performance

How has Oxley Holdings performed over the past 5 years?

12.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5UX has a large one-off gain of SGD179.4M impacting its December 31 2019 financial results.

Growing Profit Margin: 5UX's current net profit margins (16.1%) are lower than last year (20.3%).


Past Earnings Growth Analysis

Earnings Trend: 5UX's earnings have grown by 12.1% per year over the past 5 years.

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

Earnings vs Industry: 5UX had negative earnings growth (-40.1%) over the past year, making it difficult to compare to the Real Estate industry average (-30.5%).


Return on Equity

High ROE: 5UX's Return on Equity (8.1%) is considered low.


Next Steps

Financial Health

How is Oxley Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 5UX's short term assets (SGD3.7B) exceed its short term liabilities (SGD1.9B).

Long Term Liabilities: 5UX's short term assets (SGD3.7B) exceed its long term liabilities (SGD2.4B).


Debt to Equity History and Analysis

Debt Level: 5UX's debt to equity ratio (216.4%) is considered high.

Reducing Debt: 5UX's debt to equity ratio has reduced from 467.4% to 216.4% over the past 5 years.

Debt Coverage: 5UX's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 5UX's interest payments on its debt are not well covered by EBIT (0.2x coverage).


Balance Sheet

Inventory Level: 5UX has a low level of unsold assets or inventory.

Debt Coverage by Assets: 5UX's debt is covered by short term assets (assets are 1.2x debt).


Next Steps

Dividend

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

4.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 5UX's dividend (4.76%) is higher than the bottom 25% of dividend payers in the SG market (3.23%).

High Dividend: 5UX's dividend (4.76%) is low compared to the top 25% of dividend payers in the SG market (7.1%).


Stability and Growth of Payments

Stable Dividend: 5UX has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 5UX's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.2%), 5UX's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 5UX's dividends in 3 years are forecast to be well covered by earnings (34.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Chiat Kwong Ching (54yo)

10s

Tenure

Mr. Chiat Kwong Ching has been an Executive Chairman and Chief Executive Officer of Oxley Holdings Limited since March 16, 2010. Mr. Ching is responsible for the overall performance as well as for the form ...


Leadership Team

NamePositionTenureCompensationOwnership
Chiat Kwong Ching
Executive Chairman & CEO10yrsno data42.56% SGD376.4m
Yean Chun Chan
CFO & Company Secretary1.67yrsno datano data
Suat Kheng Ng
Administrative Manager9.83yrsno datano data
Ying Jie Lim
Marketing & Sales Director4.08yrsno datano data
See Ching Eric Low
Deputy CEO & Executive Director10yrsno data28.3% SGD250.3m
Wei Hung Ching
Group GM & Executive Director1.33yrsno data0.0058% SGD50.9k
Chee Chong Lim
Executive Director of Oxley Malaysia2.42yrsno datano data

5.1yrs

Average Tenure

45yo

Average Age

Experienced Management: 5UX's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chiat Kwong Ching
Executive Chairman & CEO10yrsno data42.56% SGD376.4m
See Ching Eric Low
Deputy CEO & Executive Director10yrsno data28.3% SGD250.3m
Wei Hung Ching
Group GM & Executive Director1.33yrsno data0.0058% SGD50.9k
Sian Chin Phua
Independent Director9.5yrsno datano data
Weng Sui Ng
Lead Independent Director9.5yrsno data0.011% SGD100.2k
Yeow Hua Lim
Independent Director5.92yrsno datano data

9.5yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 5UX's board of directors are considered experienced (9.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 5UX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Oxley Holdings Limited
  • Ticker: 5UX
  • Exchange: SGX
  • Founded: 2010
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: S$884.215m
  • Shares outstanding: 4.21b
  • Website: https://www.oxley.com.sg

Location

  • Oxley Holdings Limited
  • Oxley Tower
  • No. 30-01, 138 Robinson Road
  • Singapore
  • 68906
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5UXSGX (Singapore Exchange)YesOrdinary SharesSGSGDOct 2010
8OX1BST (Boerse-Stuttgart)YesOrdinary SharesDEEUROct 2010

Biography

Oxley Holdings Limited, an investment holding company, invests in and develops properties. The company operates through Property Development, Property Investment, and Hotel segments. Its property development portfolio includes residential, commercial, industrial, and hospitality projects. The company also leases properties; operates hotels; and invests in securities. It operates in Singapore, the United Kingdom, Ireland, Cyprus, Cambodia, Malaysia, Indonesia, China, Myanmar, Australia, Japan, and Vietnam. Oxley Holdings Limited was incorporated in 2010 and is headquartered in Singapore. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 13:26
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.