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MYP

SGX:F86
Snowflake Description

Poor track record with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
F86
SGX
SGD223M
Market Cap
  1. Home
  2. SG
  3. Real Estate
Company description

MYP Ltd., an investment holding company, invests in real-estate properties in Singapore. The last earnings update was 93 days ago. More info.


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F86 Share Price and Events
7 Day Returns
16.7%
SGX:F86
0.5%
SG Real Estate
0.3%
SG Market
1 Year Returns
-37.8%
SGX:F86
-7%
SG Real Estate
-6.2%
SG Market
F86 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MYP (F86) 16.7% 3.7% 5.3% -37.8% -37.8% -
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
  • F86 underperformed the Real Estate industry which returned -7% over the past year.
  • F86 underperformed the Market in Singapore which returned -6.2% over the past year.
Price Volatility
F86
Industry
5yr Volatility vs Market

F86 Value

 Is MYP 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 MYP 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 MYP.

SGX:F86 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 14.2%
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:F86
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- 17%) (260.63%))
2.659
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.3% + (2 * 5.96%)
14.22%

Discounted Cash Flow Calculation for SGX:F86 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for MYP 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:F86 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 14.22%)
2019 11.12 Est @ -16.87% 9.74
2020 9.89 Est @ -11.12% 7.58
2021 9.19 Est @ -7.09% 6.16
2022 8.79 Est @ -4.27% 5.17
2023 8.59 Est @ -2.3% 4.42
2024 8.51 Est @ -0.92% 3.83
2025 8.52 Est @ 0.05% 3.36
2026 8.58 Est @ 0.72% 2.96
2027 8.68 Est @ 1.2% 2.62
2028 8.81 Est @ 1.53% 2.33
Present value of next 10 years cash flows SGD48.17
SGX:F86 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SGD8.81 × (1 + 2.3%) ÷ (14.22% – 2.3%)
SGD75.64
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD75.64 ÷ (1 + 14.22%)10
SGD20.01
SGX:F86 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD48.17 + SGD20.01
SGD68.18
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD68.18 / 1,592.47
SGD0.04
SGX:F86 Discount to Share Price
Calculation Result
Value per share (SGD) From above. SGD0.04
Current discount Discount to share price of SGD0.14
= -1 x (SGD0.14 - SGD0.04) / SGD0.04
-227%

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

  • The current share price of MYP is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 MYP's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MYP's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SGX:F86 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SGD SGD0.00
SGX:F86 Share Price ** SGX (2019-04-18) in SGD SGD0.14
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 MYP.

SGX:F86 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:F86 Share Price ÷ EPS (both in SGD)

= 0.14 ÷ 0.00

233.33x

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

  • MYP is overvalued based on earnings compared to the SG Real Estate industry average.
  • MYP is overvalued based on earnings compared to the Singapore market.
Price based on expected Growth
Does MYP's expected growth come at a high price?
Raw Data
SGX:F86 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 233.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
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 MYP, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MYP's assets?
Raw Data
SGX:F86 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SGD SGD0.22
SGX:F86 Share Price * SGX (2019-04-18) in SGD SGD0.14
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:F86 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:F86 Share Price ÷ Book Value per Share (both in SGD)

= 0.14 ÷ 0.22

0.63x

* Primary Listing of MYP.

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

  • MYP is overvalued based on assets compared to the SG Real Estate industry average.
X
Value checks
We assess MYP'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. MYP has a total score of 0/6, 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.

F86 Future Performance

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

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 MYP 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
-10.1%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MYP expected to grow at an attractive rate?
  • Unable to compare MYP's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare MYP's earnings growth to the Singapore market average as no estimate data is available.
  • Unable to compare MYP's revenue growth to the Singapore market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SGX:F86 Future Growth Rates Data Sources
Data Point Source Value (per year)
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:F86 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 SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SGX:F86 Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2018-12-31 25 14 1
2018-09-30 26 31 3
2018-06-30 28 36 6
2018-03-31 28 18 4
2017-12-31 28 17 -15
2017-09-30 24 34 -15
2017-06-30 20 14 -16
2017-03-31 16 12 -14
2016-12-31 11 8 -1
2016-09-30 11 -11 -1
2016-06-30 11 5 -1
2016-03-31 11 5 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if MYP is high growth as no earnings estimate data is available.
  • Unable to determine if MYP 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:F86 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 MYP Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:F86 Past Financials Data
Date (Data in SGD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*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 MYP will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. MYP's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  2. MYP's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess MYP'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.
MYP has a total score of 0/6, 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.

F86 Past Performance

  How has MYP 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 MYP'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.
  • MYP's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • MYP has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • MYP has become profitable in the last year making it difficult to compare the SG Real Estate industry average.
Earnings and Revenue History
MYP'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 MYP Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:F86 Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 24.56 0.96 1.18
2018-09-30 26.19 3.42 1.14
2018-06-30 27.75 6.02 1.12
2018-03-31 27.91 4.02 1.09
2017-12-31 28.15 -14.52 1.05
2017-09-30 24.18 -15.22 1.05
2017-06-30 19.89 -15.70 1.16
2017-03-31 15.56 -13.81 1.01
2016-12-31 11.10 -0.82 1.01
2016-09-30 10.64 -0.88 0.98
2016-06-30 10.67 -1.27 1.02
2016-03-31 10.83 -1.40 0.97
2015-12-31 10.77 4.66 1.43
2015-09-30 10.22 51.78 1.34
2015-06-30 8.87 51.52 1.23
2015-03-31 8.03 51.41 1.21
2014-03-31 6.30 -0.28 0.96

*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.
  • MYP has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • MYP used its assets less efficiently than the SG Real Estate industry average last year based on Return on Assets.
  • MYP has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess MYP'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.
MYP has a total score of 1/6, 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.

F86 Health

 How is MYP'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 MYP's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MYP's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • MYP's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of MYP'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 not covered by short term assets, assets are 0.2x 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 MYP Company Filings, last reported 3 months ago.

SGX:F86 Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 351.59 581.07 100.68
2018-09-30 353.71 589.62 128.55
2018-06-30 355.59 741.59 24.98
2018-03-31 355.35 740.65 20.34
2017-12-31 350.32 740.07 17.54
2017-09-30 349.92 738.40 15.96
2017-06-30 349.43 736.85 14.40
2017-03-31 350.10 734.11 12.95
2016-12-31 364.84 734.60 10.65
2016-09-30 267.44 297.32 8.68
2016-06-30 267.43 279.06 7.62
2016-03-31 267.44 271.99 28.58
2015-12-31 267.95 270.31 27.55
2015-09-30 268.32 268.66 25.85
2015-06-30 269.74 266.99 26.35
2015-03-31 269.88 265.33 25.21
2014-03-31 159.46 127.50 22.12
  • MYP's level of debt (165.3%) compared to net worth is high (greater than 40%).
  • Unable to establish if MYP's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (2.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 0.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess MYP'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. MYP has a total score of 0/6, 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.

F86 Dividends

 What is MYP'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
0%
Current annual income from MYP dividends.
If you bought SGD2,000 of MYP shares you are expected to receive SGD0 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?
  • Unable to evaluate MYP's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MYP's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:F86 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:F86 Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2017-02-10 0.000 0.000
2016-10-14 0.000 0.000
2016-07-26 0.000 0.000
2016-07-11 0.000 0.000
2016-05-27 0.000 0.000
2015-08-04 0.001 0.444
2015-01-05 0.005 2.286

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

  • Unable to perform a dividend volatility check as MYP has not reported any payouts.
  • Unable to verify if MYP's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MYP's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MYP has not reported any payouts.
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 MYP'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 MYP afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MYP has a total score of 0/6, see the detailed checks below.


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

F86 Management

 What is the CEO of MYP'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
Jonathan Tahir
AGE 31
CEO Bio

Dr. Jonathan Tahir has been an Executive Chairman of Cougar Logistics Corporation Ltd since July 27, 2012. Dr. Tahir has been an Executive Chairman of MYP Ltd. since July 27, 2012 and serves as its Chief Executive Officer. He has been President Commissioner of PT Sona Topas Tourism Industry Tbk since 2010 and serves as its Commissioner. He has been President Commissioner of PT Sejahteraraya Anugrahjaya Tbk since May 11, 2012 and served as its Deputy Commissioner since July 2008. He served as the President Commissioner of PT. Bank Mayapada Internasional, Tbk until 2013. He serves as a Director of PT. Fajar Kharisma Nusantara, PT. Surya Cipta Inti Cemerlang, PT. Media Internusa Promosindo and PT. Ria Citra Karunia. He served as a Director of PT Sona Topas Tourism Industry Tbk since 2009.

CEO Compensation
  • Insufficient data for Jonathan to compare compensation growth.
  • Insufficient data for Jonathan to establish whether their remuneration is reasonable compared to companies of similar size in Singapore.
Management Team

Jonathan Tahir

TITLE
Executive Chairman & CEO
AGE
31

Beatrice Goh

TITLE
Financial Controller
AGE
46

Mi Keay Pan

TITLE
Joint Company Secretary

Lee Wei Hsiung

TITLE
Joint Company Secretary

Liang Bo

TITLE
Executive Officer

William Neo

TITLE
Consultant
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure of the MYP board of directors in years:

6.8
Average Tenure
  • The tenure for the MYP board of directors is about average.
Board of Directors

Jonathan Tahir

TITLE
Executive Chairman & CEO
AGE
31

Sardesai Prabhakar

TITLE
Independent Non-Executive Director
TENURE
6.8 yrs

Elizabeth Wai

TITLE
Independent Non-Executive Director
TENURE
6.8 yrs

Chin Tan

TITLE
Independent Non Executive Director
AGE
69
TENURE
4.3 yrs

Clement Wang

TITLE
Non-Executive Director
TENURE
6.8 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)
X
Management checks
We assess MYP'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. MYP 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.

F86 News

Simply Wall St News

MYP Ltd (SGX:F86): Can It Deliver A Superior ROE To The Industry?

MYP Ltd (SGX:F86) delivered a less impressive 1.69% ROE over the past year, compared to the 6.68% return generated by its industry. … Knowing these components can change your views on F86's below-average returns. … Metrics such as financial leverage can impact the level of ROE which in turn can affect the sustainability of F86's returns.

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Is MYP Ltd (SGX:F86) A Sell At Its Current PE Ratio?

MYP Ltd (SGX:F86) trades with a trailing P/E of 85.1x, which is higher than the industry average of 9.3x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind

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Should You Be Concerned About MYP Ltd's (SGX:F86) Shareholders?

Check out our latest analysis for MYP SGX:F86 Ownership_summary May 22nd 18 Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … General Public Ownership The general public, with 9.15% stake, is also an important group of shareholders in F86. … Private Company Ownership Another important group of owners for potential investors in F86 are private companies that hold a stake of 3.69% in F86.

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MYP Ltd (SGX:F86): Time For A Financial Health Check

With this rise in debt, the current cash and short-term investment levels stands at S$12.95M , ready to deploy into the business. … On top of this, F86 has produced cash from operations of S$11.63M during the same period of time, resulting in an operating cash to total debt ratio of 1.58%, indicating that F86’s current level of operating cash is not high enough to cover debt. … With current liabilities at S$157.00M, the company is not able to meet these obligations given the level of current assets of S$14.21M, with a current ratio of 0.09x below the prudent level of 3x.

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Should You Be Holding MYP Ltd (SGX:F86) Right Now?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Based on this beta value, F86 appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … F86's fixed assets to total assets ratio of higher than 30% shows that the company uses up a big chunk of its capital on assets that are hard to scale up or down in short notice.

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What You Must Know About MYP Ltd's (SGX:F86) Major Investors

See our latest analysis for MYP SGX:F86 Ownership_summary Jan 9th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies if it aligns with other large shareholders.

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December Insights Into Real Estate Stocks: MYP Ltd (SGX:F86)

SGX:F86 PE PEG Gauge Dec 27th 17 Real estate companies are typically trading at a PE of 11x, in-line with the Singapore stock market PE of 14x. … If your initial investment thesis is around the growth prospects of MYP, there are other real estate companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its real estate peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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What Investors Should Know About MYP Ltd's (SGX:F86) Financial Strength

Additionally, F86 has generated cash from operations of SGD11.6M during the same period of time, resulting in an operating cash to total debt ratio of 0.02x, signalling that F86’s operating cash is not sufficient to cover its debt. … At the current liabilities level of SGD157.0M liabilities, it appears that the company is not able to meet these obligations given the level of current assets of SGD14.2M, with a current ratio of 0.09x below the prudent level of 3x. … F86's large debt ratio along with poor cash coverage as well as low liquidity coverage of short-term obligations may not build the strongest investment case.

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F86 Company Info

Description

MYP Ltd., an investment holding company, invests in real-estate properties in Singapore. Its property portfolio includes commercial buildings and residential properties. The company is based in Singapore.

Details
Name: MYP Ltd.
F86
Exchange: SGX
Founded:
SGD222,945,689
1,592,469,212
Website: http://www.myp.com.sg
Address: MYP Ltd.
No. 09-03 MYP Centre,
9 Battery Road,
Singapore,
049910,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX F86 Ordinary Shares Singapore Exchange SG SGD 05. Jan 2015
Number of employees
Current staff
Staff numbers
0
MYP employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 12:46
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/01/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.