| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
H30 Stock Overview
Hong Fok Corporation Limited, an investment holding company, engages in the investment, construction, development, and management of properties in Singapore and Hong Kong.
Hong Fok Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | S$0.74 |
| 52 Week High | S$1.09 |
| 52 Week Low | S$0.68 |
| Beta | 0.87 |
| 1 Month Change | -0.67% |
| 3 Month Change | -3.87% |
| 1 Year Change | 4.93% |
| 3 Year Change | 6.43% |
| 5 Year Change | 12.03% |
| Change since IPO | 107.03% |
Recent News & Updates
Is Hong Fok (SGX:H30) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Here's What Hong Fok Corporation Limited's (SGX:H30) Shareholder Ownership Structure Looks Like
Every investor in Hong Fok Corporation Limited ( SGX:H30 ) should be aware of the most powerful shareholder groups...
Shareholder Returns
| H30 | SG Real Estate | SG Market | |
|---|---|---|---|
| 7D | -2.0% | 0.5% | -0.3% |
| 1Y | 4.9% | 3.7% | 4.1% |
Return vs Industry: H30 exceeded the SG Real Estate industry which returned 3.7% over the past year.
Return vs Market: H30 matched the SG Market which returned 4.1% over the past year.
Price Volatility
| H30 volatility | |
|---|---|
| H30 Average Weekly Movement | 2.8% |
| Real Estate Industry Average Movement | 3.1% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in SG Market | 11.8% |
| 10% least volatile stocks in SG Market | 2.1% |
Stable Share Price: H30 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: H30's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1967 | n/a | Patrick Cheong | https://www.hongfok.com.sg |
Hong Fok Corporation Limited, an investment holding company, engages in the investment, construction, development, and management of properties in Singapore and Hong Kong. The company develops residential and other properties; invests in office, shop, restaurant, hotel, retail, residential, and commercial properties; and provides property maintenance services. It also offers investment trading and investment management services.
Hong Fok Fundamentals Summary
| H30 fundamental statistics | |
|---|---|
| Market Cap | S$629.28m |
| Earnings (TTM) | -S$7.94m |
| Revenue (TTM) | S$79.62m |
7.9x
P/S Ratio-79.3x
P/E RatioIs H30 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| H30 income statement (TTM) | |
|---|---|
| Revenue | S$79.62m |
| Cost of Revenue | S$25.21m |
| Gross Profit | S$54.41m |
| Expenses | S$62.35m |
| Earnings | -S$7.94m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0094 |
| Gross Margin | 68.34% |
| Net Profit Margin | -9.97% |
| Debt/Equity Ratio | 30.2% |
How did H30 perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield-84%
Payout RatioValuation
Is Hong Fok undervalued compared to its fair value and its price relative to the market?
0.32x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: H30 (SGD0.75) is trading above our estimate of fair value (SGD0.6)
Significantly Below Fair Value: H30 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: H30 is unprofitable, so we can't compare its PE Ratio to the SG Real Estate industry average.
PE vs Market: H30 is unprofitable, so we can't compare its PE Ratio to the SG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate H30's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: H30 is good value based on its PB Ratio (0.3x) compared to the SG Real Estate industry average (0.5x).
Future Growth
How is Hong Fok forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.9%
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 Hong Fok 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 Hong Fok performed over the past 5 years?
-13.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: H30 is currently unprofitable.
Growing Profit Margin: H30 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: H30 is unprofitable, and losses have increased over the past 5 years at a rate of 13.5% per year.
Accelerating Growth: Unable to compare H30's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: H30 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (30.5%).
Return on Equity
High ROE: H30 has a negative Return on Equity (-0.99%), as it is currently unprofitable.
Financial Health
How is Hong Fok's financial position?
Financial Position Analysis
Short Term Liabilities: H30's short term assets (SGD231.0M) exceed its short term liabilities (SGD169.8M).
Long Term Liabilities: H30's short term assets (SGD231.0M) do not cover its long term liabilities (SGD682.2M).
Debt to Equity History and Analysis
Debt Level: H30's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: H30's debt to equity ratio has reduced from 40% to 30.2% over the past 5 years.
Debt Coverage: H30's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: H30's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
Dividend
What is Hong Fok current dividend yield, its reliability and sustainability?
1.34%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: H30's dividend (1.34%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.03%).
High Dividend: H30's dividend (1.34%) is low compared to the top 25% of dividend payers in the SG market (5.56%).
Stability and Growth of Payments
Stable Dividend: H30 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: H30's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: H30 is paying a dividend but the company is unprofitable.
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?
8.0yrs
Average management tenure
CEO
Patrick Cheong (72 yo)
8yrs
Tenure
Mr. Pin Chuan Cheong, also known as Patrick, has been Joint Chief Executive Officer of Hong Fok Corporation Ltd. since January 31, 2014. Mr. Cheong served as Joint Chairman and Joint Managing Director of W...
Leadership Team
Experienced Management: H30's management team is seasoned and experienced (8 years average tenure).
Board Members
Experienced Board: H30's board of directors are considered experienced (8.8 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
Hong Fok Corporation Limited's employee growth, exchange listings and data sources
Key Information
- Name: Hong Fok Corporation Limited
- Ticker: H30
- Exchange: SGX
- Founded: 1967
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Implied Market Cap: S$629.283m
- Shares outstanding: 844.67m
- Website: https://www.hongfok.com.sg
Location
- Hong Fok Corporation Limited
- The Concourse
- No. 41-00, 300 Beach Road
- Singapore
- 199555
- Singapore
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/25 11:02 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.