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F1E

Low Keng Huat (Singapore)SGX:F1E Stock Report

Market Cap

S$343.5m

7D

2.2%

1Y

13.4%

Updated

21 Oct, 2021

Data

Company Financials
F1E fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends3/6

F1E Overview

Low Keng Huat (Singapore) Limited, an investment holding company, engages in property development, hotel, and investment activities in Singapore, Australia, and Malaysia.

Price History & Performance

Summary of all time highs, changes and price drops for Low Keng Huat (Singapore)
Historical stock prices
Current Share PriceS$0.47
52 Week HighS$0.39
52 Week LowS$0.51
Beta0.25
1 Month Change0%
3 Month Change-2.11%
1 Year Change13.42%
3 Year Change-13.08%
5 Year Change-13.89%
Change since IPO-24.39%

Recent News & Updates

Shareholder Returns

F1ESG Real EstateSG Market
7D2.2%0.2%0.4%
1Y13.4%23.6%22.2%

Return vs Industry: F1E underperformed the SG Real Estate industry which returned 23.2% over the past year.

Return vs Market: F1E underperformed the SG Market which returned 22.7% over the past year.

Price Volatility

Is F1E's price volatile compared to industry and market?
F1E volatility
F1E Beta0.25
Industry Beta0.93
Market Beta1

Stable Share Price: F1E is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: F1E's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969n/aMarco Lowhttps://www.lkhs.com.sg

Low Keng Huat (Singapore) Limited, an investment holding company, engages in property development, hotel, and investment activities in Singapore, Australia, and Malaysia. It invests in, develops, and sells properties; and invests in shares in quoted and unquoted equities. The company is also involved in the ownership and operation of deluxe hotel under the Duxton Hotel brand name in Perth; and restaurants, as well as other hospitality-related business, such as food and beverage business under the Carnivore brand.

Low Keng Huat (Singapore) Fundamentals Summary

How do Low Keng Huat (Singapore)'s earnings and revenue compare to its market cap?
F1E fundamental statistics
Market CapS$343.55m
Earnings (TTM)S$21.93m
Revenue (TTM)S$139.43m

15.7x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
F1E income statement (TTM)
RevenueS$139.43m
Cost of RevenueS$122.25m
Gross ProfitS$17.19m
Expenses-S$4.74m
EarningsS$21.93m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.03
Gross Margin12.33%
Net Profit Margin15.72%
Debt/Equity Ratio107.0%

How did F1E perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

84%

Payout Ratio

Valuation

Is Low Keng Huat (Singapore) undervalued compared to its fair value and its price relative to the market?

15.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: F1E (SGD0.47) is trading above our estimate of fair value (SGD0.38)

Significantly Below Fair Value: F1E is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: F1E is poor value based on its PE Ratio (15.7x) compared to the SG Real Estate industry average (14x).

PE vs Market: F1E is poor value based on its PE Ratio (15.7x) compared to the SG market (13.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate F1E's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: F1E's PB Ratio (0.5x) is in line with the SG Real Estate industry average.


Future Growth

How is Low Keng Huat (Singapore) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.7%

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 Low Keng Huat (Singapore) 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.


Past Performance

How has Low Keng Huat (Singapore) performed over the past 5 years?

-12.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: F1E has a large one-off gain of SGD30.6M impacting its July 31 2021 financial results.

Growing Profit Margin: F1E's current net profit margins (15.7%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: F1E's earnings have declined by 12.6% per year over the past 5 years.

Accelerating Growth: F1E's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: F1E had negative earnings growth (-65.7%) over the past year, making it difficult to compare to the Real Estate industry average (16.8%).


Return on Equity

High ROE: F1E's Return on Equity (3.2%) is considered low.


Financial Health

How is Low Keng Huat (Singapore)'s financial position?


Financial Position Analysis

Short Term Liabilities: F1E's short term assets (SGD746.1M) exceed its short term liabilities (SGD81.9M).

Long Term Liabilities: F1E's short term assets (SGD746.1M) exceed its long term liabilities (SGD692.2M).


Debt to Equity History and Analysis

Debt Level: F1E's debt to equity ratio (107%) is considered high.

Reducing Debt: F1E's debt to equity ratio has increased from 62.6% to 107% over the past 5 years.

Debt Coverage: F1E's debt is not well covered by operating cash flow (3.2%).

Interest Coverage: Insufficient data to determine if F1E's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Low Keng Huat (Singapore) current dividend yield, its reliability and sustainability?

5.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: F1E's dividend (5.38%) is higher than the bottom 25% of dividend payers in the SG market (1.96%).

High Dividend: F1E's dividend (5.38%) is in the top 25% of dividend payers in the SG market (5.27%)


Stability and Growth of Payments

Stable Dividend: F1E's dividend payments have been volatile in the past 10 years.

Growing Dividend: F1E's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (84.3%), F1E's payments are 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?

13.7yrs

Average management tenure


CEO

Marco Low (49 yo)

2.58yrs

Tenure

S$1,030,626

Compensation

Mr. Peng Kiat Low, also known as Marco, DIMP, is a Managing Director of Low Keng Huat (Singapore) Limited since March 25, 2019 and served as its Joint Managing Director since November 1, 2011 until March 2...


CEO Compensation Analysis

Compensation vs Market: Marco's total compensation ($USD765.56K) is about average for companies of similar size in the SG market ($USD777.15K).

Compensation vs Earnings: Marco's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: F1E's management team is seasoned and experienced (13.7 years average tenure).


Board Members

Experienced Board: F1E's board of directors are not considered experienced ( 2.8 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

Low Keng Huat (Singapore) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Low Keng Huat (Singapore) Limited
  • Ticker: F1E
  • Exchange: SGX
  • Founded: 1969
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: S$343.549m
  • Shares outstanding: 738.82m
  • Website: https://www.lkhs.com.sg

Location

  • Low Keng Huat (Singapore) Limited
  • 80 Marine Parade Road
  • No.18-05/09 Parkway Parade
  • Singapore
  • 449269
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:03
End of Day Share Price2021/10/21 00:00
Earnings2021/07/31
Annual Earnings2021/01/31


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.