UOL Group
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UOL Group Limited, through its subsidiaries, primarily engages in property development and management, property investments, and hotel businesses. The last earnings update was 18 days ago. More info.
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U14 Share Price and Events
7 Day Returns
1 Year Returns
U14 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| UOL Group (U14) | 5.4% | 13.5% | 14.6% | -13% | 23.3% | 16.2% |
| SG Real Estate | 0.5% | 2.3% | 6.4% | -7% | 6% | -4.9% |
| SG Market | 0.3% | 3.3% | 3.7% | -6.2% | 8.5% | -3% |
1 Year Return vs Industry and Market
- U14 underperformed the Real Estate industry which returned -7% over the past year.
- U14 underperformed the Market in Singapore which returned -6.2% over the past year.
Value
Is UOL Group undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
UOL Group
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for UOL Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 11 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 11.3% |
| Perpetual Growth Rate | 10-Year SG Government Bond Rate | 2.3% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year SG Govt Bond Rate | 2.3% |
| Equity Risk Premium | S&P Global | 6% |
| Real Estate Unlevered Beta | Simply Wall St/ S&P Global | 1.1 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.099 (1 + (1- 17%) (72.88%)) |
1.512 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.51 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.3% + (1.512 * 5.96%) |
11.31% |
Discounted Cash Flow Calculation for SGX:U14 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for UOL Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (SGD, Millions) | Source |
Present Value Discounted (@ 11.31%) |
|
|---|---|---|---|
| 2019 | 873.00 | Analyst x1 | 784.28 |
| 2020 | 561.50 | Analyst x2 | 453.17 |
| 2021 | 1,344.50 | Analyst x2 | 974.83 |
| 2022 | 1,980.54 | Est @ 47.31% | 1,290.05 |
| 2023 | 2,650.07 | Est @ 33.81% | 1,550.73 |
| 2024 | 3,295.49 | Est @ 24.35% | 1,732.42 |
| 2025 | 3,880.09 | Est @ 17.74% | 1,832.45 |
| 2026 | 4,388.70 | Est @ 13.11% | 1,862.01 |
| 2027 | 4,821.73 | Est @ 9.87% | 1,837.82 |
| 2028 | 5,188.07 | Est @ 7.6% | 1,776.49 |
| Present value of next 10 years cash flows | SGD14,094.25 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= SGD5,188.07 × (1 + 2.3%) ÷ (11.31% – 2.3%) |
SGD58,909.96 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= SGD58,909.96 ÷ (1 + 11.31%)10 |
SGD20,171.85 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= SGD14,094.25 + SGD20,171.85 |
SGD34,266.10 |
| Equity Value per Share (SGD) |
= Total value / Shares Outstanding
= SGD34,266.10 / 843.09 |
SGD40.64 |
| Calculation | Result | |
|---|---|---|
| Value per share (SGD) | From above. | SGD40.64 |
| Current discount | Discount to share price of
SGD7.67
= -1 x (SGD7.67 - SGD40.64) / SGD40.64 |
81.1% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- UOL Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
- UOL Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for UOL Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
UOL Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in SGD | SGD0.51 |
| SGX:U14 Share Price ** | SGX (2019-04-18) in SGD | SGD7.67 |
| Singapore Real Estate Industry PE Ratio | Median Figure of 38 Publicly-Listed Real Estate Companies | 9.52x |
| Singapore Market PE Ratio | Median Figure of 328 Publicly-Listed Companies | 13.2x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of UOL Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = SGX:U14 Share Price ÷ EPS (both in SGD) = 7.67 ÷ 0.51 |
14.9x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- UOL Group is overvalued based on earnings compared to the SG Real Estate industry average.
- UOL Group is overvalued based on earnings compared to the Singapore market.
Price based on expected Growth
Does
UOL Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 14.9x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts |
-1.4%per year |
| Singapore Real Estate Industry PEG Ratio | Median Figure of 14 Publicly-Listed Real Estate Companies | -0.16x |
| Singapore Market PEG Ratio | Median Figure of 119 Publicly-Listed Companies | 1.55x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 14.9x ÷ -1.4% |
-11.01x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- UOL Group earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
UOL Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in SGD | SGD11.45 |
| SGX:U14 Share Price * | SGX (2019-04-18) in SGD | SGD7.67 |
| Singapore Real Estate Industry PB Ratio | Median Figure of 46 Publicly-Listed Real Estate Companies | 0.59x |
| Singapore Market PB Ratio | Median Figure of 432 Publicly-Listed Companies | 0.75x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = SGX:U14 Share Price ÷ Book Value per Share (both in SGD) = 7.67 ÷ 11.45 |
0.67x |
* Primary Listing of UOL Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- UOL Group is overvalued based on assets compared to the SG Real Estate industry average.
Value checks
We assess UOL Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check) UOL Group has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is UOL Group expected to perform in the next 1 to 3 years based on estimates from 11 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- UOL Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
- UOL Group's earnings are expected to decrease over the next 1-3 years, this is below the Singapore market average.
- UOL Group's revenue growth is positive but not above the Singapore market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| SGX:U14 Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts | -1.4% |
| SGX:U14 Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts | 3% |
| Singapore Real Estate Industry Earnings Growth Rate | Market Cap Weighted Average | -10.1% |
| Singapore Real Estate Industry Revenue Growth Rate | Market Cap Weighted Average | 3.1% |
| Singapore Market Earnings Growth Rate | Market Cap Weighted Average | 5.8% |
| Singapore Market Revenue Growth Rate | Market Cap Weighted Average | 4.8% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
| Date (Data in SGD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 2,633 | 1,152 | 404 | 6 |
| 2020-12-31 | 2,392 | 959 | 419 | 10 |
| 2019-12-31 | 2,280 | 1,125 | 373 | 9 |
| Date (Data in SGD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 2,397 | -477 | 434 |
| 2018-09-30 | 2,636 | -88 | 392 |
| 2018-06-30 | 2,650 | 762 | 908 |
| 2018-03-31 | 2,414 | 900 | 884 |
| 2017-12-31 | 2,114 | 936 | 880 |
| 2017-09-30 | 1,641 | 656 | 853 |
| 2017-06-30 | 1,497 | 561 | 331 |
| 2017-03-31 | 1,461 | 516 | 290 |
| 2016-12-31 | 1,441 | 539 | 287 |
| 2016-09-30 | 1,431 | 423 | 297 |
| 2016-06-30 | 1,392 | 407 | 311 |
| 2016-03-31 | 1,371 | 463 | 394 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
All data from UOL Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SGD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 0.50 | 0.56 | 0.40 | 3.00 |
| 2020-12-31 | 0.50 | 0.69 | 0.36 | 8.00 |
| 2019-12-31 | 0.45 | 0.49 | 0.39 | 8.00 |
| Date (Data in SGD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.51 |
| 2018-09-30 | 0.46 |
| 2018-06-30 | 1.08 |
| 2018-03-31 | 1.07 |
| 2017-12-31 | 1.08 |
| 2017-09-30 | 1.05 |
| 2017-06-30 | 0.41 |
| 2017-03-31 | 0.36 |
| 2016-12-31 | 0.36 |
| 2016-09-30 | 0.37 |
| 2016-06-30 | 0.39 |
| 2016-03-31 | 0.50 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess UOL Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Singapore market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Singapore market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
UOL Group has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has UOL Group performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- UOL Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- UOL Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- UOL Group's 1-year earnings growth is negative, it can't be compared to the SG Real Estate industry average.
Earnings and Revenue History
All data from UOL Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in SGD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 2,397.34 | 433.72 | 216.16 | |
| 2018-09-30 | 2,635.74 | 391.55 | 229.73 | |
| 2018-06-30 | 2,649.86 | 907.95 | 224.17 | |
| 2018-03-31 | 2,413.51 | 884.48 | 206.32 | |
| 2017-12-31 | 2,114.37 | 880.24 | 195.07 | |
| 2017-09-30 | 1,641.34 | 852.79 | 152.02 | |
| 2017-06-30 | 1,496.85 | 330.71 | 142.11 | |
| 2017-03-31 | 1,461.30 | 290.31 | 141.46 | |
| 2016-12-31 | 1,440.74 | 287.04 | 141.03 | |
| 2016-09-30 | 1,431.33 | 296.84 | 148.66 | |
| 2016-06-30 | 1,391.92 | 310.54 | 149.66 | |
| 2016-03-31 | 1,370.60 | 394.23 | 152.72 | |
| 2015-12-31 | 1,278.75 | 391.39 | 148.29 | |
| 2015-09-30 | 1,239.27 | 578.44 | 144.66 | |
| 2015-06-30 | 1,318.82 | 580.18 | 136.76 | |
| 2015-03-31 | 1,190.21 | 639.40 | 127.33 | |
| 2014-12-31 | 1,360.72 | 686.00 | 129.49 | |
| 2014-09-30 | 1,300.60 | 624.34 | 121.30 | |
| 2014-06-30 | 1,128.91 | 615.28 | 119.77 | |
| 2014-03-31 | 1,219.60 | 834.96 | 118.26 | |
| 2013-12-31 | 1,058.61 | 785.82 | 111.46 | |
| 2013-09-30 | 1,085.42 | 1,060.75 | 107.61 | |
| 2013-06-30 | 1,101.30 | 1,055.08 | 106.80 | |
| 2013-03-31 | 1,095.83 | 795.36 | 106.82 | |
| 2012-12-31 | 1,145.78 | 807.68 | 103.61 | |
| 2012-09-30 | 1,240.27 | 478.22 | 107.25 | |
| 2012-06-30 | 1,375.82 | 491.36 | 107.60 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- UOL Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- UOL Group used its assets less efficiently than the SG Real Estate industry average last year based on Return on Assets.
- UOL Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess UOL Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
UOL Group has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is UOL Group's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up UOL Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- UOL Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- UOL Group's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from UOL Group Company Filings, last reported 3 months ago.
| Date (Data in SGD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 14,470.14 | 4,712.80 | 685.32 |
| 2018-09-30 | 14,405.88 | 4,670.32 | 698.66 |
| 2018-06-30 | 14,307.62 | 4,033.38 | 739.70 |
| 2018-03-31 | 14,327.57 | 3,821.87 | 749.53 |
| 2017-12-31 | 14,153.81 | 3,849.07 | 828.85 |
| 2017-09-30 | 13,924.25 | 4,177.28 | 719.17 |
| 2017-06-30 | 8,875.62 | 2,391.58 | 268.72 |
| 2017-03-31 | 8,778.31 | 2,353.93 | 249.03 |
| 2016-12-31 | 8,635.36 | 2,413.72 | 303.14 |
| 2016-09-30 | 8,507.29 | 2,567.49 | 265.30 |
| 2016-06-30 | 8,391.63 | 2,738.62 | 272.37 |
| 2016-03-31 | 8,421.22 | 2,556.20 | 269.01 |
| 2015-12-31 | 8,401.12 | 2,571.02 | 278.84 |
| 2015-09-30 | 8,284.68 | 2,842.88 | 287.31 |
| 2015-06-30 | 8,359.78 | 2,870.40 | 265.81 |
| 2015-03-31 | 8,268.27 | 2,881.23 | 238.59 |
| 2014-12-31 | 8,130.90 | 3,028.54 | 936.29 |
| 2014-09-30 | 7,783.79 | 3,004.21 | 871.59 |
| 2014-06-30 | 7,667.20 | 2,464.74 | 901.41 |
| 2014-03-31 | 7,382.51 | 2,179.14 | 1,007.40 |
| 2013-12-31 | 7,226.97 | 2,336.40 | 878.63 |
| 2013-09-30 | 7,019.57 | 2,510.10 | 886.46 |
| 2013-06-30 | 7,181.93 | 2,220.15 | 941.53 |
| 2013-03-31 | 6,833.11 | 2,119.11 | 817.81 |
| 2012-12-31 | 6,718.93 | 2,174.07 | 784.25 |
| 2012-09-30 | 6,147.35 | 2,476.42 | 785.67 |
| 2012-06-30 | 6,016.00 | 2,300.67 | 797.80 |
- UOL Group's level of debt (32.6%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (32.3% vs 32.6% today).
- Operating cash flow is negative therefore debt is not well covered.
- Interest payments on debt are well covered by earnings (EBIT is 28.8x coverage).
Financial health checks
We assess UOL Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) UOL Group has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is UOL Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
SGD2,000 of
UOL Group
shares you are expected to receive
SGD46
in your first year as a dividend.
Dividend Amount
- UOL Group's pays a lower dividend yield than the bottom 25% of dividend payers in Singapore (2.5%).
- UOL Group's dividend is below the markets top 25% of dividend payers in Singapore (5.44%).
Upcoming dividend payment
Purchase UOL Group before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
| Singapore Real Estate Industry Average Dividend Yield | Market Cap Weighted Average of 34 Stocks | 3% |
| Singapore Market Average Dividend Yield | Market Cap Weighted Average of 278 Stocks | 3.9% |
| Singapore Minimum Threshold Dividend Yield | 10th Percentile | 1.6% |
| Singapore Bottom 25% Dividend Yield | 25th Percentile | 2.5% |
| Singapore Top 25% Dividend Yield | 75th Percentile | 5.4% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in SGD) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 0.18 | 6.00 |
| 2020-12-31 | 0.17 | 12.00 |
| 2019-12-31 | 0.18 | 9.00 |
| Date (Data in SGD) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-02 | 0.175 | 2.394 |
| 2019-02-26 | 0.175 | 2.622 |
| 2018-04-02 | 0.175 | 2.513 |
| 2018-02-27 | 0.175 | 2.035 |
| 2017-03-30 | 0.150 | 1.857 |
| 2016-04-01 | 0.150 | 2.531 |
| 2015-04-22 | 0.150 | 2.357 |
| 2014-04-03 | 0.150 | 2.216 |
| 2014-02-28 | 0.150 | 2.459 |
| 2013-02-28 | 0.150 | 2.329 |
| 2012-08-10 | 0.150 | 2.595 |
| 2012-02-24 | 0.150 | 3.184 |
| 2011-03-28 | 0.100 | 2.201 |
| 2011-02-22 | 0.100 | 2.158 |
| 2010-02-23 | 0.100 | 2.384 |
| 2009-04-21 | 0.075 | 2.223 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
UOL Group's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (2.9x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).
Income/ dividend checks
We assess UOL Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can UOL Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) UOL Group has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| AGE | 59 |
| TENURE AS CEO | 0.3 years |
CEO Bio
Mr. Liam Wee Sin has been Group Chief Executive at UOL Group Limited since January 2, 2019 and has been its additional director since April 2019. Mr. Liam served as Deputy Group Chief Executive Officer at UOL Group Limited since August 12, 2015 and served as its President of Property since May 13, 2011. Mr. Liam heads UOL Group’s investment, property development, product, engineering, marketing, finance and human resource departments. He served as the Chief Operating Officer of UOL Group Limited from January 2006 to February 2011. He served as Group General Manager of United Overseas Land Ltd., from January 2004 to December 2005. He joined UOL Group in 1993. He served as Senior General Manager of UOL, from January 2001 to December 2003 and served as its Project Manager from February 1993 to January 1995. He served as General Manager of Development at UOL from January 1998 to 31 December 2000 and served as its Deputy General Manager of Development from July 1997 to December 1997. He served as an Assistant General Manager of Development of UOL., from January 1996 to December 1996. Mr. Liam served as Senior Project Manager of UOL Group Limited., from January 1995 to December 1995. Prior to joining the UOL Group, he was practising with an architectural firm and had also spent 8 years in the public sector handling architectural works and facilities management and 2 years with Jones Lang Wootton undertaking project management and consultancy works. He serves on the boards of several of UOL's subsidiaries. He has been a Director of UOL Treasury Services Pte. Ltd since 2011. He has been a Non-Executive Director of Hotel Negara Ltd since August 15, 2006. An advocate of good design, Mr. Liam is a member of URA Architecture and Urban Design Excellence Committee. He serves as a council member of the Real Estate Developers’ Association of Singapore and a Fellow Member of the Society of Project Managers. He served as a member of URA Design Advisory Committee, Preservation of Monuments Board and National Crime Prevention Council. Mr. Liam holds a Bachelor of Architecture degree from the National University of Singapore and is a Registered Architect. He attended the Stanford-NUS Executive Programme in 2000.
CEO Compensation
- Insufficient data for Wee Sin to compare compensation growth.
- Insufficient data for Wee Sin to establish whether their remuneration is reasonable compared to companies of similar size in Singapore.
Management Team Tenure
Average tenure and age of the UOL Group management team in years:
- The average tenure for the UOL Group management team is less than 2 years, this suggests a new team.
Management Team
Wee Sin Liam
Group Chief Executive & Additional Director
59
0.3 yrs
Wellington Foo
Chief Financial Officer and Group Company Secretary
64
Soon Hup Neo
Executive Vice President of Operations at Pan Pacific Hotels Group Limited
51
0.3 yrs
Jesline Goh
Chief Investment & Asset Officer
0.3 yrs
Sarah Ng
Assistant General Manager of Corporate Communications
Sien Seu Yeong
Senior GM of Legal & Secretariat & Company Secretary
48
Mern Ye Tai
General Manager of Human Resource
Bing Seng Kwa
Deputy Chief Financial Officer
Lothar Wilhelm Nessmann
Chief Executive Officer of Hotels - Pan Pacific Hotels Group Limited
58
2.1 yrs
Weng Foon Kwan
Senior General Manager of Project Development-China
Board of Directors Tenure
Average tenure and age of the UOL Group board of directors in years:
- The average tenure for the UOL Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Cho-Yaw Wee
Chairman of the Board
SGD124K
89
46.3 yrs
Wee Sin Liam
Group Chief Executive & Additional Director
59
Ee Lim Wee
Deputy Chairman of the Board
SGD85K
57
3.7 yrs
Weng Keong Low
Non-Executive & Independent Director
SGD113K
66
13.4 yrs
Sin Tho Wee
Non-Executive & Independent Director
SGD60K
69
7.9 yrs
Lian Kheng Gwee
Non-Executive & Non-Independent Director
SGD2M
78
31.9 yrs
Ee-chao Wee
Non-Executive & Non-Independent Director
SGD40K
63
12.9 yrs
Pongsak Hoontrakul
Non-Executive & Independent Director
SGD50K
58
10.9 yrs
Tiong Cheng Tan
Non-Executive & Independent Director
SGD60K
68
5.9 yrs
Samuel Poon
Non-Executive & Independent Director
SGD40K
69
2.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (SGD) | Value (SGD) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 18. Jan 19 | Sell | Lian Kheng Gwee | Individual | 18. Jan 19 | 18. Jan 19 | -40,000 | SGD6.69 | SGD-267,800 | ||
| 10. Jan 19 | Sell | Lian Kheng Gwee | Individual | 09. Jan 19 | 09. Jan 19 | -58,200 | SGD6.41 | SGD-372,950 | ||
| 30. Oct 18 | Buy | Tiong Cheng Tan | Individual | 29. Oct 18 | 29. Oct 18 | 5,000 | SGD6.06 | SGD30,300 | ||
| 16. Jul 18 | Buy | Wee Investments Pte Ltd | Company | 12. Jul 18 | 12. Jul 18 | 160,000 | SGD6.69 | SGD1,070,496 | ||
| 12. Jul 18 | Buy | Weng Keong Low | Individual | 11. Jul 18 | 11. Jul 18 | 7,000 | SGD6.60 | SGD46,200 | ||
| 11. Jul 18 | Buy | Wee Investments Pte Ltd | Company | 10. Jul 18 | 10. Jul 18 | 1,000,000 | SGD6.76 | SGD6,759,600 | ||
| 10. Jul 18 | Buy | Wee Investments Pte Ltd | Company | 06. Jul 18 | 06. Jul 18 | 6,200,000 | SGD6.89 | SGD42,714,277 | ||
Management checks
We assess UOL Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) UOL Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
What Should We Expect From UOL Group Limited's (SGX:U14) Earnings In The Years Ahead?
In December 2018, UOL Group Limited (SGX:U14) announced its most recent earnings update, whicha … revealed
Simply Wall St - – Full articleHow Much Of UOL Group Limited (SGX:U14) Do Institutions Own?
A look at the shareholders of UOL Group Limited (SGX:U14) can tell us which group is most powerful. … We'd expect to see institutional investors on the register. … institutional investors have bought into the company.
Simply Wall St - – Full articleUOL Group Limited (SGX:U14): Should The Future Outlook Worry You?
As UOL Group Limited (SGX:U14) announced its recent earnings release on 31 December 2018, … with earnings expected to decline by -14% in the upcoming year.
Simply Wall St - – Full articleSome UOL Group (SGX:U14) Shareholders Are Down 26%
For example, the UOL Group Limited (SGX:U14) share price is down 26% in the last year. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … The share price fall of 26% isn't as bad as the reduction in earnings per share.
Simply Wall St - – Full articleWhat Is UOL Group Limited's (SGX:U14) Share Price Doing?
saw a decent share price growth in the teens level on the SGX over the last few months. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … However, could the stock still be trading at a relatively cheap price.
Simply Wall St - – Full articleUOL Group Limited (SGX:U14) Insiders Have Been Selling
So we'll take a look at whether insiders have been buying or selling shares in UOL Group Limited (SGX:U14). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In the last twelve months, the biggest single sale by an insider was when Executive & Non-Independent Director Lian Kheng Gwee sold S$373k worth of shares at a price of S$6.41 per share.
Simply Wall St - – Full articleIs UOL Group Limited (SGX:U14) As Strong As Its Balance Sheet Indicates?
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as UOL Group Limited (SGX:U14), with a market capitalization of S$5.6b, rarely draw their attention from the investing community. … Let’s take a look at U14’s debt concentration and assess their financial liquidity to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. … Don’t forget that this is a general and concentrated examination of UOL Group's financial health, so you should conduct further analysis.
Simply Wall St - – Full articleUOL Group Limited (SGX:U14): Commentary On Fundamentals
UOL Group Limited (SGX:U14) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … For those interested in understanding where the figures come from and want to see the analysis,
Simply Wall St - – Full articleDespite Its High P/E Ratio, Is UOL Group Limited (SGX:U14) Still Undervalued?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … UOL Group has a price to earnings ratio of 13.03, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleIs It Time To Consider Buying UOL Group Limited (SGX:U14)?
saw significant share price volatility over the past couple of months on the SGX, rising to the highs of SGD7.21 and falling to the lows of SGD6. … A question to answer is whether UOL Group's current trading price of SGD6.24 reflective of the actual value of the? … Let’s take a look at UOL Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleCompany Info
Description
UOL Group Limited, through its subsidiaries, primarily engages in property development and management, property investments, and hotel businesses. Its property development projects include residential units, office towers and shopping malls, and hotels and serviced suites. The company also owns and/or manages approximately 30 hotels under the Pan Pacific and PARKROYAL names in Asia, Oceania, and North America with approximately 10,000 rooms in its portfolio. In addition, it is involved in the rental of serviced suites, commercial offices, and retail malls; treasury services business; management of serviced suites; operation of restaurants; and management and operation of health and beauty retreats and facilities. Further, the company engages in the retail of computer hardware and software; property trading business; management and licensing of trademarks; retail management consultancy services business; and provision of information technology related products and services. UOL Group Limited has operations in Singapore, Australia, Vietnam, Malaysia, the People’s Republic of China, Myanmar, and the United Kingdom. The company was formerly known as United Overseas Land Limited and changed its name to UOL Group Limited in 2006. UOL Group Limited was founded in 1963 and is based in Singapore.
Details
| Name: | UOL Group Limited |
| U14 | |
| Exchange: | SGX |
| Founded: | 1963 |
| SGD6,466,471,399 | |
| 843,086,232 | |
| Website: | http://www.uol.com.sg |
| Address: |
UOL Group Limited 101 Thomson Road, No 33-00 United Square, Singapore, 307591, Singapore |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| SGX | U14 | Ordinary Shares | Singapore Exchange | SG | SGD | 02. Jan 1992 | |
| OTCPK | UOLG.F | Ordinary Shares | Pink Sheets LLC | US | USD | 02. Jan 1992 | |
| DB | U1O | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 02. Jan 1992 | |
| OTCPK | UOLG.Y | SPON ADR | Pink Sheets LLC | US | USD | 19. Nov 1992 |
Number of employees
Current staff
Industry
| Diversified Real Estate Activities | |
| Real Estate |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/20 12:34 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/04/19 |
| Last earnings filing: | 2019/04/02 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
