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Market Cap

S$792.2m

Last Updated

2021/05/18 11:01 UTC

Data Sources

Company Financials

Executive Summary

Fragrance Group Limited, an investment holding company, operates as a property developer in Singapore, Australia, and the United Kingdom. More Details


Snowflake Analysis

Poor track record with worrying balance sheet.


Similar Companies

Share Price & News

How has Fragrance Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: F31 is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: F31's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-0.8%

F31

-2.5%

SG Real Estate

-2.7%

SG Market


1 Year Return

-1.7%

F31

16.1%

SG Real Estate

18.4%

SG Market

Return vs Industry: F31 underperformed the SG Real Estate industry which returned 16.1% over the past year.

Return vs Market: F31 underperformed the SG Market which returned 18.4% over the past year.


Shareholder returns

F31IndustryMarket
7 Day-0.8%-2.5%-2.7%
30 Day0%-5.6%-4.2%
90 Day0.9%6.0%3.0%
1 Year-1.7%-1.7%21.3%16.1%24.2%18.4%
3 Year-15.8%-23.0%-16.5%-23.9%-5.5%-17.1%
5 Year-28.4%-35.0%7.4%-7.1%21.9%-0.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Fragrance Group undervalued compared to its fair value and its price relative to the market?

458.82x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate F31's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate F31's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: F31 is poor value based on its PE Ratio (458.8x) compared to the SG Real Estate industry average (13.2x).

PE vs Market: F31 is poor value based on its PE Ratio (458.8x) compared to the SG market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate F31's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: F31 is overvalued based on its PB Ratio (0.6x) compared to the SG Real Estate industry average (0.5x).


Future Growth

How is Fragrance Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

45.8%

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 Fragrance Group 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 Fragrance Group performed over the past 5 years?

21.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: F31 has a large one-off gain of SGD14.9M impacting its December 31 2020 financial results.

Growing Profit Margin: F31's current net profit margins (1.5%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: F31's earnings have grown significantly by 21.1% per year over the past 5 years.

Accelerating Growth: F31's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: F31 had negative earnings growth (-97.9%) over the past year, making it difficult to compare to the Real Estate industry average (-47.8%).


Return on Equity

High ROE: F31's Return on Equity (0.09%) is considered low.


Financial Health

How is Fragrance Group's financial position?


Financial Position Analysis

Short Term Liabilities: F31's short term assets (SGD1.1B) exceed its short term liabilities (SGD741.2M).

Long Term Liabilities: F31's short term assets (SGD1.1B) do not cover its long term liabilities (SGD1.3B).


Debt to Equity History and Analysis

Debt Level: F31's debt to equity ratio (148.9%) is considered high.

Reducing Debt: F31's debt to equity ratio has increased from 93.2% to 148.9% over the past 5 years.

Debt Coverage: F31's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: F31's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


Dividend

What is Fragrance Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate F31's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate F31's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if F31's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if F31's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: F31 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of F31's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

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

7.0yrs

Average board tenure


CEO

James Koh (56 yo)

no data

Tenure

Dr. Wee Meng Koh, also known as James, founded Fragrance Group Ltd in early 1990's and serves as its Executive Chairman and Chief Executive Officer. As the key decision maker of property development busine...


Board Members

Experienced Board: F31's board of directors are considered experienced (7 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fragrance Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fragrance Group Limited
  • Ticker: F31
  • Exchange: SGX
  • Founded: 2000
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: S$792.205m
  • Shares outstanding: 6.71b
  • Website: https://www.fragrancegroup.com.sg

Number of Employees


Location

  • Fragrance Group Limited
  • No. 26-01 Fragrance Empire Building
  • 456 Alexandra Road
  • Singapore
  • 119962
  • Singapore

Listings


Biography

Fragrance Group Limited, an investment holding company, operates as a property developer in Singapore, Australia, and the United Kingdom. The company operates through Property Development, Commercial Inves...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 11:01
End of Day Share Price2021/05/18 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.