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 -10.5% over the past year.
Return vs Market: OYY exceeded the SG Market which returned -3.7% 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 Limited (SGX:OYY) Beat Earnings, And Analysts Have Been Reviewing Their Forecasts
1 week ago | Simply Wall StDid PropNex's (SGX:OYY) Share Price Deserve to Gain 48%?
2 weeks ago | Simply Wall StWhat You Need To Know About PropNex Limited's (SGX:OYY) Investor Composition
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 (SGD0.84) is trading below our estimate of fair value (SGD3.27)
Significantly Below Fair Value: OYY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OYY is good value based on its PE Ratio (10.7x) compared to the SG Real Estate industry average (13.7x).
PE vs Market: OYY is good value based on its PE Ratio (10.7x) compared to the SG market (14.1x).
Price to Earnings Growth Ratio
PEG Ratio: OYY is poor value based on its PEG Ratio (24.5x)
Price to Book Ratio
PB vs Industry: OYY is overvalued based on its PB Ratio (3.7x) 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 (2%).
Earnings vs Market: OYY's earnings (0.4% per year) are forecast to grow slower than the SG market (25.7% 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 (9.2% 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 -45.7%.
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
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: OYY's dividend (9.52%) is higher than the bottom 25% of dividend payers in the SG market (2%).
High Dividend: OYY's dividend (9.52%) is in the top 25% of dividend payers in the SG market (4.71%)
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 (56 yo)
Mr. Mohamed Ismail Gafoore is Co-founder of PropNex Limited and serves as its Executive Chairman and CEO. Mr. Gafoore serves as Chairman at P&N Holdings Pte. Ltd and has been its Chief Executive Officer si...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OYY 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$310.800m
- 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
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OYY||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Jul 2018|
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||2021/03/03 11:06|
|End of Day Share Price||2021/03/02 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.