PropNex Limited provides real estate services in Singapore and internationally. More Details
Outstanding track record with flawless balance sheet and pays a dividend.
Share Price & News
How has PropNex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OYY is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: OYY's weekly volatility (4%) has been stable over the past year.
7 Day Return
SG Real Estate
1 Year Return
SG Real Estate
Return vs Industry: OYY exceeded the SG Real Estate industry which returned 16.4% over the past year.
Return vs Market: OYY exceeded the SG Market which returned 20.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is PropNex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StPropNex (SGX:OYY) Could Be A Buy For Its Upcoming Dividend
3 weeks ago | Simply Wall StIs PropNex Limited's (SGX:OYY) Latest Stock Performance A Reflection Of Its Financial Health?
1 month ago | Simply Wall StShould You Be Adding PropNex (SGX:OYY) To Your Watchlist Today?
Is PropNex undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OYY (SGD1.13) is trading below our estimate of fair value (SGD3.87)
Significantly Below Fair Value: OYY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OYY is poor value based on its PE Ratio (14.4x) compared to the SG Real Estate industry average (14.2x).
PE vs Market: OYY is good value based on its PE Ratio (14.4x) compared to the SG market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: OYY is poor value based on its PEG Ratio (32.9x)
Price to Book Ratio
PB vs Industry: OYY is overvalued based on its PB Ratio (4.9x) compared to the SG Real Estate industry average (0.5x).
How is PropNex forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OYY's forecast earnings growth (0.4% per year) is below the savings rate (1.9%).
Earnings vs Market: OYY's earnings (0.4% per year) are forecast to grow slower than the SG market (24.8% per year).
High Growth Earnings: OYY's earnings are forecast to grow, but not significantly.
Revenue vs Market: OYY's revenue (0.4% per year) is forecast to grow slower than the SG market (8.1% per year).
High Growth Revenue: OYY's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OYY's Return on Equity is forecast to be high in 3 years time (27.3%)
How has PropNex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OYY has high quality earnings.
Growing Profit Margin: OYY's current net profit margins (5.6%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: OYY's earnings have grown significantly by 22.4% per year over the past 5 years.
Accelerating Growth: OYY's earnings growth over the past year (44.7%) exceeds its 5-year average (22.4% per year).
Earnings vs Industry: OYY earnings growth over the past year (44.7%) exceeded the Real Estate industry -47.8%.
Return on Equity
High ROE: OYY's Return on Equity (35.6%) is considered high.
How is PropNex's financial position?
Financial Position Analysis
Short Term Liabilities: OYY's short term assets (SGD186.4M) exceed its short term liabilities (SGD103.9M).
Long Term Liabilities: OYY's short term assets (SGD186.4M) exceed its long term liabilities (SGD1.2M).
Debt to Equity History and Analysis
Debt Level: OYY is debt free.
Reducing Debt: OYY has not had any debt for past 5 years.
Debt Coverage: OYY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OYY has no debt, therefore coverage of interest payments is not a concern.
What is PropNex current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OYY's dividend (7.08%) is higher than the bottom 25% of dividend payers in the SG market (1.86%).
High Dividend: OYY's dividend (7.08%) is in the top 25% of dividend payers in the SG market (4.61%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, OYY has been paying a dividend for less than 10 years.
Growing Dividend: OYY's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70%), OYY's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OYY's dividends in 3 years are forecast to be covered by earnings (67.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Mohamed Ismail Gafoore (55 yo)
Mr. Mohamed Ismail Gafoore is Co-founder of PropNex Limited and serves as its Executive Chairman and Chief Executive Officer. Mr. Gafoore serves as Chairman at P&N Holdings Pte. Ltd and has been its Chief ...
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.
PropNex Limited's company bio, employee growth, exchange listings and data sources
- Name: PropNex Limited
- Ticker: OYY
- Exchange: SGX
- Founded: 1996
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: S$429.200m
- Shares outstanding: 370.00m
- Website: https://www.propnex.com
Number of Employees
- PropNex Limited
- 480 Lorong 6 Toa Payoh
- HDB HUB East Wing No 10-01
PropNex Limited provides real estate services in Singapore and internationally. It operates through five segments: Real Estate Agency Services, Real Estate Project Marketing Services, Administrative Suppor...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 11:42|
|End of Day Share Price||2021/05/07 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.