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United Overseas Australia

SGX:EH5
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EH5
SGX
A$985M
Market Cap
  1. Home
  2. SG
  3. Real Estate
Company description

United Overseas Australia Limited, together with its subsidiaries, engages in the development and resale of land and buildings in Malaysia. The last earnings update was 23 days ago. More info.


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EH5 Share Price and Events
7 Day Returns
0%
SGX:EH5
0.5%
SG Real Estate
0.3%
SG Market
1 Year Returns
-7.2%
SGX:EH5
-7%
SG Real Estate
-6.2%
SG Market
EH5 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
United Overseas Australia (EH5) 0% 4.9% 6.7% -7.2% 23.1% 1.6%
SG Real Estate 0.5% 2.5% 6.4% -7% 6% -4.9%
SG Market 0.3% 3.1% 3.7% -6.2% 8.5% -3%
1 Year Return vs Industry and Market
  • EH5 underperformed the Market in Singapore which returned -6.2% over the past year.
Price Volatility
EH5
Industry
5yr Volatility vs Market

EH5 Value

 Is United Overseas Australia undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of United Overseas Australia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for United Overseas Australia.

SGX:EH5 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.1%
Perpetual Growth Rate 10-Year SG Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SGX:EH5
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SG Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.099 (1 + (1- 24%) (13.06%))
1.139
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.14
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.3% + (1.139 * 5.96%)
9.09%

Discounted Cash Flow Calculation for SGX:EH5 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for United Overseas Australia is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SGX:EH5 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 9.09%)
2019 153.32 Est @ 20.54% 140.54
2020 176.42 Est @ 15.07% 148.24
2021 196.25 Est @ 11.24% 151.15
2022 213.05 Est @ 8.56% 150.41
2023 227.28 Est @ 6.68% 147.08
2024 239.48 Est @ 5.37% 142.06
2025 250.13 Est @ 4.45% 136.01
2026 259.65 Est @ 3.8% 129.42
2027 268.36 Est @ 3.35% 122.61
2028 276.52 Est @ 3.04% 115.80
Present value of next 10 years cash flows A$1,383.32
SGX:EH5 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$276.52 × (1 + 2.3%) ÷ (9.09% – 2.3%)
A$4,165.76
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$4,165.76 ÷ (1 + 9.09%)10
A$1,744.61
SGX:EH5 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$1,383.32 + A$1,744.61
A$3,127.93
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$3,127.93 / 1,427.53
A$2.19
SGX:EH5 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in SGX:EH5 represents 0.92753x of ASX:UOS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.92753x
Value per Share
(Listing Adjusted, SGD)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 2.19 x 0.92753
SGD2.03
Value per share (SGD) From above. SGD2.03
Current discount Discount to share price of SGD0.64
= -1 x (SGD0.64 - SGD2.03) / SGD2.03
68.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price United Overseas Australia is available for.
Intrinsic value
>50%
Share price is SGD0.64 vs Future cash flow value of SGD2.03
Current Discount Checks
For United Overseas Australia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • United Overseas Australia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • United Overseas Australia's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for United Overseas Australia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are United Overseas Australia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SGX:EH5 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.07
ASX:UOS Share Price ** ASX (2019-04-18) in AUD A$0.69
Singapore Real Estate Industry PE Ratio Median Figure of 38 Publicly-Listed Real Estate Companies 9.52x
Singapore Market PE Ratio Median Figure of 328 Publicly-Listed Companies 13.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of United Overseas Australia.

SGX:EH5 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:UOS Share Price ÷ EPS (both in AUD)

= 0.69 ÷ 0.07

9.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • United Overseas Australia is overvalued based on earnings compared to the SG Real Estate industry average.
  • United Overseas Australia is good value based on earnings compared to the Singapore market.
Price based on expected Growth
Does United Overseas Australia's expected growth come at a high price?
Raw Data
SGX:EH5 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
3.3%per year
Singapore Real Estate Industry PEG Ratio Median Figure of 14 Publicly-Listed Real Estate Companies -0.16x
Singapore Market PEG Ratio Median Figure of 119 Publicly-Listed Companies 1.63x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for United Overseas Australia, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on United Overseas Australia's assets?
Raw Data
SGX:EH5 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$1.02
ASX:UOS Share Price * ASX (2019-04-18) in AUD A$0.69
Singapore Real Estate Industry PB Ratio Median Figure of 46 Publicly-Listed Real Estate Companies 0.59x
Singapore Market PB Ratio Median Figure of 432 Publicly-Listed Companies 0.75x
SGX:EH5 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:UOS Share Price ÷ Book Value per Share (both in AUD)

= 0.69 ÷ 1.02

0.67x

* Primary Listing of United Overseas Australia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • United Overseas Australia is overvalued based on assets compared to the SG Real Estate industry average.
X
Value checks
We assess United Overseas Australia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. United Overseas Australia has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EH5 Future Performance

 How is United Overseas Australia expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover United Overseas Australia, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is United Overseas Australia expected to grow at an attractive rate?
  • United Overseas Australia's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • United Overseas Australia's earnings growth is positive but not above the Singapore market average.
  • Unable to compare United Overseas Australia's revenue growth to the Singapore market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SGX:EH5 Future Growth Rates Data Sources
Data Point Source Value (per year)
SGX:EH5 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 3.3%
Singapore Real Estate Industry Earnings Growth Rate Market Cap Weighted Average -10.1%
Singapore Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Singapore Market Earnings Growth Rate Market Cap Weighted Average 5.8%
Singapore Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SGX:EH5 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SGX:EH5 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 440 144 101
2018-09-30 370 98 105
2018-06-30 300 52 105
2018-03-31 314 36 107
2017-12-31 328 20 112
2017-09-30 336 11 132
2017-06-30 344 2 153
2017-03-31 334 50 157
2016-12-31 324 98 162
2016-09-30 413 114 148
2016-06-30 502 129 135
2016-03-31 531 129 127

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • United Overseas Australia's earnings are expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if United Overseas Australia is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SGX:EH5 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from United Overseas Australia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:EH5 Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.07
2018-09-30 0.08
2018-06-30 0.08
2018-03-31 0.08
2017-12-31 0.08
2017-09-30 0.10
2017-06-30 0.12
2017-03-31 0.12
2016-12-31 0.13
2016-09-30 0.12
2016-06-30 0.11
2016-03-31 0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if United Overseas Australia will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess United Overseas Australia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Singapore market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Singapore market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
United Overseas Australia has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EH5 Past Performance

  How has United Overseas Australia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare United Overseas Australia's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • United Overseas Australia's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • United Overseas Australia's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • United Overseas Australia's 1-year earnings growth is negative, it can't be compared to the SG Real Estate industry average.
Earnings and Revenue History
United Overseas Australia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from United Overseas Australia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:EH5 Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 440.49 100.84 54.37
2018-09-30 369.70 104.78 49.97
2018-06-30 299.92 105.44 61.35
2018-03-31 314.35 107.25 61.16
2017-12-31 327.76 112.36 45.19
2017-09-30 336.12 131.85 51.24
2017-06-30 344.12 153.28 48.32
2017-03-31 334.10 157.48 51.13
2016-12-31 324.08 161.67 53.94
2016-09-30 412.98 148.34 54.52
2016-06-30 501.89 135.00 55.09
2016-03-31 531.42 126.64 56.27
2015-12-31 560.95 118.27 57.45
2015-09-30 510.25 105.32 53.35
2015-06-30 459.56 92.38 49.25
2015-03-31 412.64 89.75 46.70
2014-12-31 365.72 87.13 44.15
2014-09-30 345.03 81.37 48.92
2014-06-30 324.33 75.61 53.69
2014-03-31 367.17 86.71 53.11
2013-12-31 410.02 97.81 52.54
2013-09-30 384.56 98.84 45.53
2013-06-30 359.10 99.87 38.53
2013-03-31 304.39 90.92 34.46
2012-12-31 249.67 81.98 30.39
2012-09-30 224.98 82.65 26.60
2012-06-30 200.29 83.33 22.81

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • United Overseas Australia has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • United Overseas Australia used its assets more efficiently than the SG Real Estate industry average last year based on Return on Assets.
  • United Overseas Australia's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess United Overseas Australia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
United Overseas Australia has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EH5 Health

 How is United Overseas Australia's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up United Overseas Australia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • United Overseas Australia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • United Overseas Australia's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of United Overseas Australia's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 9.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from United Overseas Australia Company Filings, last reported 3 months ago.

SGX:EH5 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,181.50 128.66 341.18
2018-09-30 2,181.50 128.66 341.18
2018-06-30 2,055.14 174.65 242.00
2018-03-31 2,055.14 174.65 242.00
2017-12-31 1,888.11 170.30 294.55
2017-09-30 1,874.67 170.30 294.55
2017-06-30 1,685.41 149.98 330.95
2017-03-31 1,685.41 149.98 330.95
2016-12-31 1,648.77 159.73 417.67
2016-09-30 1,648.77 159.73 417.67
2016-06-30 1,627.29 183.32 461.96
2016-03-31 1,627.29 183.32 461.96
2015-12-31 1,483.45 189.84 501.24
2015-09-30 1,483.45 189.84 501.24
2015-06-30 1,466.52 188.52 469.47
2015-03-31 1,466.52 188.52 469.47
2014-12-31 1,418.97 162.39 414.24
2014-09-30 1,418.97 162.39 414.24
2014-06-30 1,273.41 157.84 353.19
2014-03-31 1,273.41 157.84 353.19
2013-12-31 1,282.27 143.14 435.78
2013-09-30 1,282.27 143.14 435.78
2013-06-30 1,218.57 147.33 429.62
2013-03-31 1,218.57 147.33 429.62
2012-12-31 1,051.27 132.58 264.53
2012-09-30 1,051.27 132.58 264.53
2012-06-30 968.52 128.64 217.06
  • United Overseas Australia's level of debt (5.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (11.2% vs 5.9% today).
  • Debt is well covered by operating cash flow (111.8%, greater than 20% of total debt).
  • United Overseas Australia earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess United Overseas Australia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. United Overseas Australia has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EH5 Dividends

 What is United Overseas Australia's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.62%
Current annual income from United Overseas Australia dividends.
If you bought SGD2,000 of United Overseas Australia shares you are expected to receive SGD72 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • United Overseas Australia's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.5%).
  • United Overseas Australia's dividend is below the markets top 25% of dividend payers in Singapore (5.46%).
Upcoming dividend payment

Purchase United Overseas Australia before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SGX:EH5 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Singapore Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 3%
Singapore Market Average Dividend Yield Market Cap Weighted Average of 278 Stocks 3.9%
Singapore Minimum Threshold Dividend Yield 10th Percentile 1.6%
Singapore Bottom 25% Dividend Yield 25th Percentile 2.5%
Singapore Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SGX:EH5 Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-26 0.025 3.709
2018-08-31 0.030 4.520
2018-02-27 0.030 4.457
2017-10-11 0.030 4.712
2017-05-17 0.030 4.888
2016-08-29 0.030 5.001
2016-05-16 0.030 6.219
2015-10-07 0.025 5.157
2015-03-27 0.025 4.802
2015-02-27 0.025 4.824
2014-10-03 0.025 5.195
2014-03-27 0.025 4.753
2014-03-03 0.025 4.659
2013-10-10 0.025 4.542
2013-04-02 0.025 4.884
2013-02-27 0.025 5.407
2012-08-30 0.020 4.920
2012-02-28 0.020 4.895
2011-02-28 0.020 4.523
2010-09-02 0.020 6.762
2010-02-26 0.020 7.123
2009-09-01 0.015 5.943
2009-04-24 0.012 6.538

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of United Overseas Australia's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.9x 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.
X
Income/ dividend checks
We assess United Overseas Australia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can United Overseas Australia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. United Overseas Australia has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EH5 Management

 What is the CEO of United Overseas Australia's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chong Kong
COMPENSATION A$1,947,317
AGE 77
TENURE AS CEO 29.8 years
CEO Bio

Mr. Chong Soon Kong @ Chi Suim serves as the Managing Director and Director at United Overseas Australia Ltd since July 1, 1989 and served as its Executive Chairman. Mr. Kong co-founded UOA Development Bhd., in 1987 and has been its Managing Director since May 27, 2004 and is responsible for overall group management and strategy development. He has over 30 years experience in the construction and property development industry both in Singapore and Malaysia. He played a key role as Project Advisor to the Harapan group of companies where he was instrumental in overseeing the successful construction of three internationally-rated hotels in Singapore, namely the Hotel Meridien, the Glass Hotel and the Changi Meridien Hotel, valued in excess of SGD866.0 million, during the 1970s and 1980s. In 1987, Mr. Kong co-founded UOA and spearheaded Parent Group’s rapid growth in Malaysia. He has in the past served in various capacities in several public-listed companies both in Malaysia and Singapore which include Raleigh Bhd, Town and City Properties Ltd and Tuan Sing Holdings Ltd. Mr. Soon serves as a Director of Rich Accomplishment Sdn Bhd., and Paramount Properties Sdn Bhd. He serves as a Non-Independent Director at UOA Development Bhd. He has been a Non-Independent Director of United Overseas Australia Ltd., since May 27, 2004. He served as a Non-Independent Non-Executive Director of UOA Asset Management Sdn Bhd from November 28, 2005 to December 2010. He served as an Executive Director at UOA Development Bhd. since May 27, 2004 and served as its Chairman. Mr. Kong graduated with an Associateship in Civil Engineering from the then Perth Technical College (now known as Curtin University) in 1964 and is a member of the Chartered Engineers of Australia.

CEO Compensation
  • Chong's compensation has been consistent with company performance over the past year.
  • Chong's remuneration is lower than average for companies of similar size in Singapore.
Management Team

Chong Kong

TITLE
MD & Director
COMPENSATION
A$2M
AGE
77
TENURE
29.8 yrs

K. Ang

TITLE
Chief Financial Officer
COMPENSATION
A$492K

Ee Tong

TITLE
Chief Operating Officer of Construction
COMPENSATION
A$458K

Pak Kong

TITLE
Non-Independent Executive Director
COMPENSATION
A$2M
AGE
65

B. Ng

TITLE
Chief Operating Officer of Planning
COMPENSATION
A$301K

Alan Winduss

TITLE
Non-Executive Chairman & Company Secretary
COMPENSATION
A$60K
AGE
77

Sze Choon Kong

TITLE
Chief Executive Officer of UOA Asset Management Sdn Bhd
COMPENSATION
A$185K
AGE
41

Say Khor

TITLE
General Manager
COMPENSATION
A$183K
AGE
68

K. Koh

TITLE
Senior General Manager
COMPENSATION
A$116K

E. Lee

TITLE
Executive Officer
COMPENSATION
A$332K
Board of Directors Tenure

Average tenure and age of the United Overseas Australia board of directors in years:

16.8
Average Tenure
65
Average Age
  • The average tenure for the United Overseas Australia board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Chong Kong

TITLE
MD & Director
COMPENSATION
A$2M
AGE
77
TENURE
14.9 yrs

Pak Kong

TITLE
Non-Independent Executive Director
COMPENSATION
A$2M
AGE
65
TENURE
31.8 yrs

Alan Winduss

TITLE
Non-Executive Chairman & Company Secretary
COMPENSATION
A$60K
AGE
77

Terence Teo

TITLE
Independent Non-Executive Director
COMPENSATION
A$41K
AGE
64
TENURE
10.8 yrs

Chee May

TITLE
Alternate Non-Independent Director
COMPENSATION
A$49K
AGE
44
TENURE
18.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SGD) Value (SGD)
07. Aug 18 Buy Chong Kong Individual 07. Aug 18 07. Aug 18 257,955 SGD0.64 SGD164,897
06. Aug 18 Buy Pak Kong Individual 30. Jul 18 30. Jul 18 441,346 SGD0.69 SGD302,641
02. Aug 18 Buy Chong Kong Individual 31. Jul 18 31. Jul 18 58,679 SGD0.67 SGD39,102
18. Jul 18 Buy Chong Kong Individual 16. Jul 18 16. Jul 18 2,354,000 SGD0.64 SGD1,501,318
X
Management checks
We assess United Overseas Australia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. United Overseas Australia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EH5 News

Simply Wall St News

EH5 Company Info

Description

United Overseas Australia Limited, together with its subsidiaries, engages in the development and resale of land and buildings in Malaysia. The company operates through three segments: Investment, Land development and Resale, and Others. The Investment segment is involved in the holding of various investment properties. The Land Development and Resale segment engages in the development, construction, and sale of residential and commercial properties. The Others segment engages in the operation of hotels, and food and beverage outlets; and provision of facilities support, money lending, and management services, as well as engages in the carpark operations. United Overseas Australia Limited was founded in 1987 and is headquartered in Kuala Lumpur, Malaysia.

Details
Name: United Overseas Australia Limited
EH5
Exchange: SGX
Founded: 1987
A$954,483,027
1,427,531,912
Website: http://www.uoa.com.my
Address: United Overseas Australia Limited
UOA Corporate Tower,
Lobby A, Avenue 10,
Kuala Lumpur,
59200,
Malaysia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX UOS Ordinary Shares Australian Securities Exchange AU AUD 23. Oct 1992
SGX EH5 Ordinary Shares Singapore Exchange SG SGD 23. Oct 1992
CHIA UOS Ordinary Shares Chi-X Australia AU AUD 23. Oct 1992
Number of employees
Current staff
Staff numbers
1,817
United Overseas Australia employees.
Industry
Diversified Real Estate Activities
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 12:50
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.