APAC Realty Limited, an investment holding company, provides real estate services in Singapore.
Excellent balance sheet and good value.
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 has not had significant price volatility in the past 3 months.
7 Day Return
SG Real Estate
1 Year Return
SG Real Estate
Return vs Industry: CLN underperformed the SG Real Estate industry which returned -24.3% over the past year.
Return vs Market: CLN underperformed the SG Market which returned -21.6% over the past year.
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
3 weeks ago | Simply Wall StAPAC Realty Limited (SGX:CLN) Will Pay A S$0.013 Dividend In 3 Days
4 weeks ago | Simply Wall StThese Analysts Just Made A Meaningful Downgrade To Their APAC Realty Limited (SGX:CLN) EPS Forecasts
1 month ago | Simply Wall StIs There An Opportunity With APAC Realty Limited's (SGX:CLN) 25% Undervaluation?
Is APAC Realty undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLN (SGD0.39) is trading below our estimate of fair value (SGD0.54)
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 (9.8x) compared to the SG Real Estate industry average (12.1x).
PE vs Market: CLN is good value based on its PE Ratio (9.8x) compared to the SG market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: CLN is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: CLN is overvalued based on its PB Ratio (0.9x) compared to the SG Real Estate industry average (0.5x).
How is APAC Realty forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLN's forecast earnings growth (4.2% per year) is above the savings rate (2.2%).
Earnings vs Market: CLN's earnings (4.2% per year) are forecast to grow slower than the SG market (8.5% per year).
High Growth Earnings: CLN's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLN's revenue (0.1% per year) is forecast to grow slower than the SG market (4.2% per year).
High Growth Revenue: CLN's revenue (0.1% 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 (9.6%).
How has APAC Realty performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLN has high quality earnings.
Growing Profit Margin: CLN's current net profit margins (3.8%) are lower than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: CLN's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: CLN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CLN had negative earnings growth (-42.2%) over the past year, making it difficult to compare to the Real Estate industry average (-13.2%).
Return on Equity
High ROE: CLN's Return on Equity (9.5%) is considered low.
How is APAC Realty's financial position?
Financial Position Analysis
Short Term Liabilities: CLN's short term assets (SGD115.7M) exceed its short term liabilities (SGD90.4M).
Long Term Liabilities: CLN's short term assets (SGD115.7M) exceed its long term liabilities (SGD59.3M).
Debt to Equity History and Analysis
Debt Level: CLN's debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: CLN's debt to equity ratio has increased from 26.5% to 37.5% over the past 5 years.
Debt Coverage: CLN's debt is well covered by operating cash flow (31.1%).
Interest Coverage: CLN's interest payments on its debt are well covered by EBIT (15.1x coverage).
What is APAC Realty current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CLN's dividend (5.19%) is higher than the bottom 25% of dividend payers in the SG market (2.67%).
High Dividend: CLN's dividend (5.19%) is low compared to the top 25% of dividend payers in the SG market (5.92%).
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 has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.7%), 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 (51.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jack Chua (60yo)
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 ...
|Executive Chairman & CEO||7.5yrs||no data||0.023% SGD30.8k|
|Non-Executive Independent Director||1yr||no data||no data|
|Non-Executive Independent Director||2.83yrs||no data||no data|
|Non-Executive Non-Independent Director||7yrs||no data||71.8% SGD98.2m|
|Non-Executive Independent Director||1yr||no data||no data|
Experienced Board: CLN's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
APAC Realty Limited's company bio, employee growth, exchange listings and data sources
- Name: APAC Realty Limited
- Ticker: CLN
- Exchange: SGX
- Founded: 1982
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: S$136.751m
- Shares outstanding: 355.20m
- Website: https://www.apacrealty.com.sg
Number of Employees
- APAC Realty Limited
- No. 03-01 Mountbatten Square
- 229 Mountbatten Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CLN||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Sep 2017|
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 property brokerage services for primary and secondary home sales, as well as for the rental and resale of residential, commercial, and industrial properties under the ERA brand name. It also holds the ERA regional master franchise rights for 17 countries in the Asia Pacific; and franchise rights for Singapore for Coldwell Banker, a real estate office and franchising company in the United States. In addition, the company provides training programs and courses for real estate agents in preparation for professional certification exams; management services for real estate developments; and auction services for financial institutions and property owners, as well as undertakes valuation works on behalf of clients, such as financial institutions, government agencies, and property owners. Further, it engages in the rental of investment properties, workstations, lockers, and furniture products; and provision of professional indemnity insurance, administration, business conference, real estate consultancy, and miscellaneous services. The company was founded in 1982 and is headquartered in Singapore. APAC Realty Limited is a subsidiary of Asia Pacific Realty Holdings Ltd.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/13 12:53|
|End of Day Share Price||2020/07/13 00:00|
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.