Hong Fok Corporation Limited, an investment holding company, engages in the investment, construction, development, and management of properties in Singapore and Hong Kong. More Details
Mediocre balance sheet and overvalued.
Share Price & News
How has Hong Fok's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
7 Day Return
SG Real Estate
1 Year Return
SG Real Estate
Return vs Industry: H30 exceeded the SG Real Estate industry which returned 18.8% over the past year.
Return vs Market: H30 matched the SG Market which returned 21% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hong Fok's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat You Need To Know About Hong Fok Corporation Limited's (SGX:H30) Investor Composition
2 months ago | Simply Wall StInvestors Who Bought Hong Fok (SGX:H30) Shares Five Years Ago Are Now Up 27%
4 months ago | Simply Wall StIs Hong Fok (SGX:H30) Using Too Much Debt?
Is Hong Fok undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: H30 (SGD0.82) is trading above our estimate of fair value (SGD0.14)
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 (0.4x) compared to the SG Real Estate industry average (0.6x).
How is Hong Fok forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Hong Fok performed over the past 5 years?
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 4.4% 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 (-41.3%).
Return on Equity
High ROE: H30 has a negative Return on Equity (-1.02%), as it is currently unprofitable.
How is Hong Fok's financial position?
Financial Position Analysis
Short Term Liabilities: H30's short term assets (SGD257.3M) exceed its short term liabilities (SGD68.8M).
Long Term Liabilities: H30's short term assets (SGD257.3M) do not cover its long term liabilities (SGD779.4M).
Debt to Equity History and Analysis
Debt Level: H30's debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: H30's debt to equity ratio has reduced from 37.5% to 30.5% over the past 5 years.
Debt Coverage: H30's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: H30's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Hong Fok current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: H30's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (1.92%).
High Dividend: H30's dividend (1.23%) is low compared to the top 25% of dividend payers in the SG market (5%).
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 8 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Patrick Cheong (72 yo)
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...
Experienced Management: H30's management team is seasoned and experienced (7.6 years average tenure).
Experienced Board: H30's board of directors are seasoned and experienced ( 19.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hong Fok Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Hong Fok Corporation Limited
- Ticker: H30
- Exchange: SGX
- Founded: 1967
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: S$688.410m
- Shares outstanding: 844.67m
- Website: https://www.hongfok.com.sg
- Hong Fok Corporation Limited
- The Concourse
- No. 41-00, 300 Beach Road
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 15:34|
|End of Day Share Price||2021/08/04 00:00|
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.