Ho Bee Land (SGX:H13) - Stock Price, News & Analysis

H13 Stock Overview

A real estate company founded in 1987. More details

H13 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	1/6

Rewards

Trading at 74.8% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Earnings have declined by 41.2% per year over past 5 years

Ho Bee Land Limited Competitors

Yanlord Land Group

SGX:Z25

S$1.3b

Sinarmas Land

SGX:A26

S$1.4b

Bukit Sembawang Estates

SGX:B61

S$916.5m

GuocoLand

SGX:F17

S$1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Ho Bee Land
Historical stock prices
Current Share Price	S$1.93
52 Week High	S$2.09
52 Week Low	S$1.60
Beta	0.20
11 Month Change	-1.53%
3 Month Change	3.21%
1 Year Change	7.22%
33 Year Change	-31.80%
5 Year Change	-18.57%
Change since IPO	302.08%

Ho Bee Land's (SGX:H13) Dividend Is Being Reduced To SGD0.03

Apr 25

Ho Bee Land's (SGX:H13) Dividend Will Be Reduced To SGD0.03

Apr 08

Recent updates

Ho Bee Land's (SGX:H13) Dividend Is Being Reduced To SGD0.03

Apr 25

Ho Bee Land's (SGX:H13) Dividend Will Be Reduced To SGD0.03

Apr 08

Ho Bee Land's (SGX:H13) Shareholders Will Receive A Smaller Dividend Than Last Year

Feb 29

Shareholder Returns

	H13	SG Real Estate	SG Market
7D	-1.5%	0.3%	0.007%
1Y	7.2%	2.6%	14.5%

Return vs Industry: H13 exceeded the SG Real Estate industry which returned 2.6% over the past year.

Return vs Market: H13 underperformed the SG Market which returned 14.5% over the past year.

Price Volatility

Is H13's price volatile compared to industry and market?
H13 volatility
H13 Average Weekly Movement	1.7%
Real Estate Industry Average Movement	4.9%
Market Average Movement	4.4%
10% most volatile stocks in SG Market	14.8%
10% least volatile stocks in SG Market	2.2%

Stable Share Price: H13 has not had significant price volatility in the past 3 months compared to the SG market.

Volatility Over Time: H13's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Nicholas Chua	hobee.com

Ho Bee Land Limited is a real estate company founded in 1987. Listed on the Mainboard of the Singapore Exchange since 1999, Ho Bee has a global footprint that spans Australia, China, United Kingdom and Europe. Its portfolio covers many quality residential, commercial and high-tech industrial projects since its inception.

Ho Bee Land Limited Fundamentals Summary

How do Ho Bee Land's earnings and revenue compare to its market cap?
H13 fundamental statistics
Market cap	S$1.28b
Earnings (TTM)	-S$95.29m
Revenue (TTM)	S$512.54m

2.5x

P/S Ratio

-13.4x

P/E Ratio

Is H13 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
H13 income statement (TTM)
Revenue	S$512.54m
Cost of Revenue	S$221.85m
Gross Profit	S$290.70m
Other Expenses	S$385.99m
Earnings	-S$95.29m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	56.72%
Net Profit Margin	-18.59%
Debt/Equity Ratio	83.6%

How did H13 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

-21%

Payout Ratio

H13 Stock Overview

Rewards

Risk Analysis

Ho Bee Land Limited Competitors

SGX:Z25

S$1.3b

SGX:A26

S$1.4b

SGX:B61

S$916.5m

SGX:F17

S$1.6b

Price History & Performance

Recent News & Updates

Insufficient new directors

First half 2024 earnings released: EPS: S$0.013 (vs S$0.23 loss in 1H 2023)

Upcoming dividend of S$0.03 per share

Ho Bee Land Limited Approves First and Final One-Tier Tax-Exempt Dividend for the Financial Year Ended 31 December 2023

Ho Bee Land's (SGX:H13) Dividend Is Being Reduced To SGD0.03

Ho Bee Land's (SGX:H13) Dividend Will Be Reduced To SGD0.03

Recent updates

Insufficient new directors

First half 2024 earnings released: EPS: S$0.013 (vs S$0.23 loss in 1H 2023)

Upcoming dividend of S$0.03 per share

Ho Bee Land Limited Approves First and Final One-Tier Tax-Exempt Dividend for the Financial Year Ended 31 December 2023

Ho Bee Land's (SGX:H13) Dividend Is Being Reduced To SGD0.03

Ho Bee Land's (SGX:H13) Dividend Will Be Reduced To SGD0.03

Full year 2023 earnings released: S$0.39 loss per share (vs S$0.25 profit in FY 2022)

Ho Bee Land's (SGX:H13) Shareholders Will Receive A Smaller Dividend Than Last Year

Ho Bee Land Limited Proposes First and Final One-Tier Tax Exempt Dividend for the Financial Year Ended 31 December 2023, Payable on 24 May 2024

Full year 2023 earnings released: S$0.39 loss per share (vs S$0.25 profit in FY 2022)

New minor risk - Financial data availability

Ho Bee Land Limited to Report Second Half, 2023 Results on Feb 26, 2024

Ho Bee Land Limited Provides Unaudited Earnings Guidance for the Full Year Ending 31 December 2023

Ho Bee Land Limited Announce Change of Company Secretary

CEO & Executive Director recently bought S$184k worth of stock

First half 2023 earnings released: S$0.23 loss per share (vs S$0.23 profit in 1H 2022)

New major risk - Revenue and earnings growth

Ho Bee Land Limited to Report First Half, 2023 Results on Aug 10, 2023

Ho Bee Land Limited Announces Appointment of Li Xiangrun as Head of Finance

Ho Bee Land (SGX:H13) Has A Somewhat Strained Balance Sheet

Upcoming dividend of S$0.08 per share at 3.7% yield

Full year 2022 earnings released: EPS: S$0.25 (vs S$0.50 in FY 2021)

Ho Bee Land Limited Establishes A Board Sustainability Committee

Ho Bee Land Limited Provides Earnings Guidance for the Six Months and Full Year Ending 31 December 2022

Ho Bee Land (SGX:H13) Takes On Some Risk With Its Use Of Debt

Price target increased to S$3.80

First half 2022 earnings released

Ho Bee Land Limited Announces Management Changes

Upcoming dividend of S$0.10 per share

Price target increased to S$3.80

Ho Bee Land Limited Approves First and Final One-Tier Tax Exempt Dividend for the Year Ended December 31, 2021

These 4 Measures Indicate That Ho Bee Land (SGX:H13) Is Using Debt Extensively

Executive Chairman recently bought S$802k worth of stock

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Ho Bee Land Limited Proposes Dividend for the Year Ended December 31, 2021, Payable on May 20, 2022

Ho Bee Land Limited (SGX:H13) entered into an agreement to acquire 34 Leadenhall Street Limited from Berkley Regional Insurance Company and Berkley Insurance Company for approximately £720 million.

Ho Bee Land Limited (SGX:H13) entered into an agreement to acquire 34 Leadenhall Street Limited from Berkley Regional Insurance Company and Berkley Insurance Company for approximately £720 million.

Ho Bee Land Limited Appoints Loh Lee Hong General Manager, Sales and Marketing

Ho Bee Land Limited to Report Fiscal Year 2021 Results on Feb 28, 2022

Chairman & CEO recently bought S$140k worth of stock

Does Ho Bee Land (SGX:H13) Have A Healthy Balance Sheet?

Chairman & CEO recently bought S$340k worth of stock

Upcoming dividend of S$0.10 per share

Ho Bee Land Limited Approves Special One-Tier Tax Exempt Dividend for the Financial Year Ended December 31, 2020, Payable on May 28, 2021

Full year 2020 earnings released: EPS S$0.21 (vs S$0.50 in FY 2019)

Ho Bee Land Limited Proposes Special One-Tier Tax Exempt Dividend for the Financial Year Ended December 31, 2020, Payable on May 28, 2021

Ho Bee Land Limited (SGX:H13) Is Yielding 3.9% - But Is It A Buy?

COO & Executive Director recently bought S$343k worth of stock

Ho Bee Land (SGX:H13) Has A Somewhat Strained Balance Sheet

Ho Bee Land Limited, Annual General Meeting, Apr 28, 2021

Full year 2020 earnings released

Revenue and earnings miss expectations

Ho Bee Land Limited to Report Fiscal Year 2020 Results on Feb 26, 2021

New 90-day low: S$2.35

New 90-day high: S$2.43

Is There More To The Story Than Ho Bee Land's (SGX:H13) Earnings Growth?

New 90-day high: S$2.40

New 90-day high: S$2.31

Price target raised to S$3.01