APAC Realty
Market Cap
S$161.6m
Last Updated
2021/03/04 11:06 UTC
Data Sources
Company Financials +
Executive Summary
APAC Realty Limited, an investment holding company, provides real estate services in Singapore. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, good value and pays a dividend.
Share Price & News
How has APAC Realty's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLN is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CLN's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.3%
CLN
0.6%
SG Real Estate
1.1%
SG Market
1 Year Return
-4.3%
CLN
-11.0%
SG Real Estate
-4.0%
SG Market
Return vs Industry: CLN exceeded the SG Real Estate industry which returned -11% over the past year.
Return vs Market: CLN matched the SG Market which returned -4% over the past year.
Shareholder returns
| CLN | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | 0.6% | 1.1% |
| 30 Day | 5.9% | 1.6% | 1.9% |
| 90 Day | 2.3% | 2.5% | 6.1% |
| 1 Year | 0.9%-4.3% | -7.7%-11.0% | 1.0%-4.0% |
| 3 Year | -57.3%-63.7% | -19.4%-26.5% | -7.1%-18.5% |
| 5 Year | n/a | 3.1%-10.9% | 17.0%-4.4% |
Long-Term Price Volatility Vs. Market
How volatile is APAC Realty's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Analysts Just Made A Huge Upgrade To Their APAC Realty Limited (SGX:CLN) Forecasts1 week ago | Simply Wall St
APAC Realty Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions1 week ago | Simply Wall St
The Case For APAC Realty Limited (SGX:CLN): Could It Be A Nice Addition To Your Dividend Portfolio?Valuation
Is APAC Realty undervalued compared to its fair value and its price relative to the market?
32.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLN (SGD0.45) is trading below our estimate of fair value (SGD0.67)
Significantly Below Fair Value: CLN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLN is good value based on its PE Ratio (9.7x) compared to the SG Real Estate industry average (13.7x).
PE vs Market: CLN is good value based on its PE Ratio (9.7x) compared to the SG market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: CLN is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: CLN is overvalued based on its PB Ratio (1x) compared to the SG Real Estate industry average (0.5x).
Next Steps
Future Growth
How is APAC Realty forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
4.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLN's forecast earnings growth (4% per year) is above the savings rate (2%).
Earnings vs Market: CLN's earnings (4% per year) are forecast to grow slower than the SG market (25.7% per year).
High Growth Earnings: CLN's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLN's revenue (3.4% per year) is forecast to grow slower than the SG market (9.1% per year).
High Growth Revenue: CLN's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLN's Return on Equity is forecast to be low in 3 years time (10.3%).
Next Steps
Past Performance
How has APAC Realty performed over the past 5 years?
-1.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLN has high quality earnings.
Growing Profit Margin: CLN's current net profit margins (4.2%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: CLN's earnings have declined by 1.7% per year over the past 5 years.
Accelerating Growth: CLN's earnings growth over the past year (17.1%) exceeds its 5-year average (-1.7% per year).
Earnings vs Industry: CLN earnings growth over the past year (17.1%) exceeded the Real Estate industry -45.7%.
Return on Equity
High ROE: CLN's Return on Equity (10.6%) is considered low.
Next Steps
Financial Health
How is APAC Realty's financial position?
Financial Position Analysis
Short Term Liabilities: CLN's short term assets (SGD142.1M) exceed its short term liabilities (SGD111.9M).
Long Term Liabilities: CLN's short term assets (SGD142.1M) exceed its long term liabilities (SGD54.8M).
Debt to Equity History and Analysis
Debt Level: CLN's debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: CLN's debt to equity ratio has reduced from 58.5% to 33.5% over the past 5 years.
Debt Coverage: CLN's debt is well covered by operating cash flow (38.7%).
Interest Coverage: CLN's interest payments on its debt are well covered by EBIT (36.3x coverage).
Balance Sheet
Next Steps
Dividend
What is APAC Realty current dividend yield, its reliability and sustainability?
5.56%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CLN's dividend (5.56%) is higher than the bottom 25% of dividend payers in the SG market (1.98%).
High Dividend: CLN's dividend (5.56%) is in the top 25% of dividend payers in the SG market (4.79%)
Stability and Growth of Payments
Stable Dividend: CLN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CLN's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54%), CLN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CLN's dividends in 3 years are forecast to be covered by earnings (56.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average board tenure
CEO
Jack Chua (60 yo)
8.17yrs
Tenure
Mr. Khee Hak Chua, also known as Jack, is an Executive Director at APAC Realty Ltd since September 04, 2017 and its Chief Executive Officer since 2013 and Executive Chairman since July 15, 2019. He joined ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 8.17yrs | no data | 0.023% SGD 36.4k | |
| Non-Executive Independent Director | 1.67yrs | no data | no data | |
| Lead Independent Director | 0.33yr | no data | no data | |
| Non-Executive Non-Independent Director | 7.67yrs | no data | 71.8% SGD 116.0m | |
| Non-Executive Independent Director | 0.42yr | no data | no data |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Board: CLN's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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
APAC Realty Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: APAC Realty Limited
- Ticker: CLN
- Exchange: SGX
- Founded: 1982
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: S$161.615m
- Shares outstanding: 355.20m
- Website: https://www.apacrealty.com.sg
Number of Employees
Location
- APAC Realty Limited
- No. 03-01 ERA APAC Centre
- 450 Lor 6 Toa Payoh
- Singapore
- 319394
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CLN | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Sep 2017 |
Biography
APAC Realty Limited, an investment holding company, provides real estate services in Singapore. It operates through Real estate brokerage income, Rental income, and Others segments. The company offers prop...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 11:06 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.