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Yoma Strategic Holdings

SGX:Z59
Snowflake Description

Solid track record and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
Z59
SGX
SGD711M
Market Cap
  1. Home
  2. SG
  3. Real Estate
Company description

Yoma Strategic Holdings Ltd., an investment holding company, engages in the real estate, automotive and heavy equipment, consumer, financial, and investment businesses in Singapore, Myanmar, and the People’s Republic of China. The last earnings update was 28 days ago. More info.


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Z59 Share Price and Events
7 Day Returns
4.2%
SGX:Z59
1%
SG Real Estate
0.6%
SG Market
1 Year Returns
2.8%
SGX:Z59
-2.7%
SG Real Estate
0.9%
SG Market
Z59 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Yoma Strategic Holdings (Z59) 4.2% 8.8% 17.5% 2.8% -33.9% -49.3%
SG Real Estate 1% 2.9% -1.2% -2.7% 9.7% -7.6%
SG Market 0.6% 3.8% 2% 0.9% 12% -4.8%
1 Year Return vs Industry and Market
  • Z59 outperformed the Real Estate industry which returned -2.7% over the past year.
  • Z59 outperformed the Market in Singapore which returned 0.9% over the past year.
Price Volatility
Z59
Industry
5yr Volatility vs Market

Z59 Value

 Is Yoma Strategic Holdings 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 Yoma Strategic Holdings 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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Yoma Strategic Holdings.

SGX:Z59 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.9%
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.

Calculation of Discount Rate/ Cost of Equity for SGX:Z59
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 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.028 (1 + (1- 17%) (73.62%))
1.439
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.44
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.3% + (1.439 * 5.96%)
10.88%

Discounted Cash Flow Calculation for SGX:Z59 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Yoma Strategic Holdings 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.

SGX:Z59 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.88%)
2019 -8.99 Analyst x1 -8.11
2020 -18.66 Analyst x1 -15.18
2021 166.66 Analyst x1 122.25
2022 287.82 Est @ 72.7% 190.41
2023 436.29 Est @ 51.58% 260.31
2024 596.83 Est @ 36.8% 321.15
2025 754.69 Est @ 26.45% 366.25
2026 899.64 Est @ 19.21% 393.74
2027 1,026.80 Est @ 14.13% 405.30
2028 1,135.49 Est @ 10.59% 404.22
Present value of next 10 years cash flows $2,440.35
SGX:Z59 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,135.49 × (1 + 2.3%) ÷ (10.88% – 2.3%)
$13,542.30
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $13,542.30 ÷ (1 + 10.88%)10
$4,820.88
SGX:Z59 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,440.35 + $4,820.88
$7,261.23
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $7,261.23 / 1,895.82
$3.83
SGX:Z59 Discount to Share Price
Calculation Result
Exchange Rate USD/SGD
(Reporting currency to currency of SGX:Z59)
1.353
Value per Share
(SGD)
= Value per Share in USD x Exchange Rate (USD/SGD)
= $3.83 x 1.353
SGD5.18
Value per share (SGD) From above. SGD5.18
Current discount Discount to share price of SGD0.37
= -1 x (SGD0.37 - SGD5.18) / SGD5.18
92.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Yoma Strategic Holdings is available for.
Intrinsic value
>50%
Share price is SGD0.37 vs Future cash flow value of SGD5.18
Current Discount Checks
For Yoma Strategic Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Yoma Strategic Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Yoma Strategic Holdings'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 Yoma Strategic Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Yoma Strategic Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SGX:Z59 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.02
SGX:Z59 Share Price ** SGX (2019-06-26) in SGD SGD0.37
SGX:Z59 Share Price converted to USD reporting currency Exchange rate (SGD/ USD) 0.739 $0.27
Singapore Real Estate Industry PE Ratio Median Figure of 39 Publicly-Listed Real Estate Companies 9.45x
Singapore Market PE Ratio Median Figure of 324 Publicly-Listed Companies 12.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Yoma Strategic Holdings.

SGX:Z59 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:Z59 Share Price ÷ EPS (both in USD)

= 0.27 ÷ 0.02

15.19x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Yoma Strategic Holdings is overvalued based on earnings compared to the SG Real Estate industry average.
  • Yoma Strategic Holdings is overvalued based on earnings compared to the Singapore market.
Price based on expected Growth
Does Yoma Strategic Holdings's expected growth come at a high price?
Raw Data
SGX:Z59 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
Not available
Singapore Real Estate Industry PEG Ratio Median Figure of 13 Publicly-Listed Real Estate Companies 0.56x
Singapore Market PEG Ratio Median Figure of 118 Publicly-Listed Companies 1.62x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Yoma Strategic Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Yoma Strategic Holdings's assets?
Raw Data
SGX:Z59 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.29
SGX:Z59 Share Price * SGX (2019-06-26) in SGD SGD0.37
SGX:Z59 Share Price converted to USD reporting currency Exchange rate (SGD/ USD) 0.739 $0.27
Singapore Real Estate Industry PB Ratio Median Figure of 47 Publicly-Listed Real Estate Companies 0.52x
Singapore Market PB Ratio Median Figure of 431 Publicly-Listed Companies 0.71x
SGX:Z59 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:Z59 Share Price ÷ Book Value per Share (both in USD)

= 0.27 ÷ 0.29

0.93x

* Primary Listing of Yoma Strategic Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Yoma Strategic Holdings is overvalued based on assets compared to the SG Real Estate industry average.
X
Value checks
We assess Yoma Strategic Holdings's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Yoma Strategic Holdings 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.

Z59 Future Performance

 How is Yoma Strategic Holdings expected to perform in the next 1 to 3 years based on estimates from 3 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!
Annual Growth Rate
-19.4%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Yoma Strategic Holdings expected to grow at an attractive rate?
  • Yoma Strategic Holdings'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
  • Yoma Strategic Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Singapore market average.
  • Yoma Strategic Holdings's revenue growth is expected to exceed the Singapore market average.
Annual Growth Rates Comparison
Raw Data
SGX:Z59 Future Growth Rates Data Sources
Data Point Source Value (per year)
SGX:Z59 Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -19.4%
SGX:Z59 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 41.7%
Singapore Real Estate Industry Earnings Growth Rate Market Cap Weighted Average -3.8%
Singapore Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 6%
Singapore Market Earnings Growth Rate Market Cap Weighted Average 5.5%
Singapore Market Revenue Growth Rate Market Cap Weighted Average 4.6%

*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
Raw Data
SGX:Z59 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SGX:Z59 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 212 39 43 3
2020-03-31 88 160 1
SGX:Z59 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 101 19 34
2018-12-31 90 6 6
2018-09-30 88 18 21
2018-06-30 82 -6 6
2018-03-31 82 0 21
2017-12-31 98 -3 35
2017-09-30 97 33 23
2017-06-30 90 40 26
2017-03-31 83 47 25
2016-12-31 78 49 14
2016-09-30 82 30 33
2016-06-30 79 10 27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Yoma Strategic Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Yoma Strategic Holdings's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SGX:Z59 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Yoma Strategic Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:Z59 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 0.01 0.02 0.00 2.00
2020-03-31 0.00 0.00 0.00 1.00
SGX:Z59 Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.02
2018-12-31 0.00
2018-09-30 0.01
2018-06-30 0.00
2018-03-31 0.01
2017-12-31 0.02
2017-09-30 0.01
2017-06-30 0.02
2017-03-31 0.01
2016-12-31 0.01
2016-09-30 0.02
2016-06-30 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Yoma Strategic Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Yoma Strategic Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Singapore market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Singapore market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Yoma Strategic Holdings has a total score of 2/6, 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.

Z59 Past Performance

  How has Yoma Strategic Holdings 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
Below we compare Yoma Strategic Holdings's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Yoma Strategic Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Yoma Strategic Holdings's 1-year earnings growth exceeds its 5-year average (65.7% vs 3.7%)
  • Yoma Strategic Holdings's earnings growth has exceeded the SG Real Estate industry average in the past year (65.7% vs 12.1%).
Earnings and Revenue History
Yoma Strategic Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Yoma Strategic Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:Z59 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 100.70 34.13 45.96
2018-12-31 90.31 6.47 44.66
2018-09-30 87.81 21.45 45.31
2018-06-30 81.68 5.53 43.46
2018-03-31 82.24 20.60 41.66
2017-12-31 98.43 35.25 38.79
2017-09-30 97.06 23.04 35.60
2017-06-30 89.75 26.38 33.99
2017-03-31 82.57 24.76 33.65
2016-12-31 77.70 14.15 33.03
2016-09-30 82.08 33.38 35.18
2016-06-30 79.28 27.06 36.07
2016-03-31 83.17 27.65 33.05
2015-12-31 66.16 25.35 28.86
2015-09-30 66.66 13.14 25.64
2015-06-30 86.30 21.66 24.60
2015-03-31 80.84 20.44 22.71
2014-12-31 84.20 20.24 23.58
2014-09-30 91.55 19.08 24.10
2014-06-30 82.31 13.97 21.51
2014-03-31 79.86 13.03 19.46
2013-12-31 75.04 17.41 15.31
2013-09-30 61.91 16.66 16.48
2013-06-30 48.92 10.01 15.28
2013-03-31 48.73 11.64 14.07
2012-12-31 44.45 3.29 13.46
2012-09-30 41.75 1.12 7.98
2012-06-30 37.01 5.57 5.04

*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.
  • Yoma Strategic Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Yoma Strategic Holdings used its assets more efficiently than the SG Real Estate industry average last year based on Return on Assets.
  • Yoma Strategic Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Yoma Strategic Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Yoma Strategic Holdings has a total score of 5/6, 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.

Z59 Health

 How is Yoma Strategic Holdings'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 Yoma Strategic Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Yoma Strategic Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Yoma Strategic Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Yoma Strategic Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x 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.
Raw Data

All data from Yoma Strategic Holdings Company Filings, last reported 2 months ago.

SGX:Z59 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 702.41 386.86 80.73
2018-12-31 672.54 330.12 80.38
2018-09-30 658.22 276.21 69.82
2018-06-30 650.58 268.81 76.29
2018-03-31 670.25 228.39 26.18
2017-12-31 668.86 163.48 52.41
2017-09-30 606.54 180.77 85.03
2017-06-30 548.04 184.31 52.83
2017-03-31 531.78 157.80 25.60
2016-12-31 504.58 143.42 63.18
2016-09-30 526.92 139.73 86.06
2016-06-30 553.19 106.48 64.54
2016-03-31 547.47 93.29 9.99
2015-12-31 514.55 80.36 51.83
2015-09-30 498.91 68.12 12.67
2015-06-30 521.80 35.52 14.14
2015-03-31 533.57 28.13 14.59
2014-12-31 409.18 24.51 33.16
2014-09-30 416.22 25.98 48.21
2014-06-30 337.41 27.38 10.24
2014-03-31 332.22 18.16 13.30
2013-12-31 321.06 11.64 31.48
2013-09-30 315.80 11.58 41.30
2013-06-30 311.81 11.37 57.15
2013-03-31 319.23 23.20 85.57
2012-12-31 313.04 0.00 105.75
2012-09-30 227.43 0.00 28.98
2012-06-30 219.19 0.00 63.21
  • Yoma Strategic Holdings's level of debt (55.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (5.5% vs 55.1% today).
  • Debt is not well covered by operating cash flow (5%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 0.1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Yoma Strategic Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Yoma Strategic Holdings has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

Z59 Dividends

 What is Yoma Strategic Holdings'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
Dividend payments
0%
Current annual income from Yoma Strategic Holdings dividends. Estimated to be 0.25% next year.
If you bought SGD2,000 of Yoma Strategic Holdings shares you are expected to receive SGD0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Yoma Strategic Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Yoma Strategic Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
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.
Raw Data
SGX:Z59 Annualized Past and Future Dividends
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 3 Analyst Estimates (S&P Global) See Below
Singapore Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 3.2%
Singapore Market Average Dividend Yield Market Cap Weighted Average of 277 Stocks 3.9%
Singapore Minimum Threshold Dividend Yield 10th Percentile 1.7%
Singapore Bottom 25% Dividend Yield 25th Percentile 2.6%
Singapore Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SGX:Z59 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 0.00 4.00
2020-03-31 0.00 2.00
SGX:Z59 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-29 0.000 0.000
2018-07-24 0.002 0.777
2017-07-04 0.002 0.512
2017-05-23 0.002 0.428
2016-07-25 0.002 0.422
2015-02-09 0.000 0.000
2014-10-28 0.000 0.000
2014-07-24 0.000 0.000
2014-07-14 0.000 0.000
2014-05-20 0.000 0.000
2013-07-15 0.004 0.670
2012-07-10 0.004 0.810
2012-05-24 0.004 1.321
2012-01-16 0.004 1.161
2010-02-12 0.000 0.000
2009-11-13 0.000 0.000
2009-08-12 0.000 0.000
2009-07-09 0.000 0.000
2009-05-27 0.000 0.000
2008-07-07 0.003 5.653

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Yoma Strategic Holdings has not reported any payouts.
  • Unable to verify if Yoma Strategic Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Yoma Strategic Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Yoma Strategic Holdings has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Yoma Strategic Holdings's dividends in 3 years as they are not expected to pay a notable one for Singapore.
X
Income/ dividend checks
We assess Yoma Strategic Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Yoma Strategic Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Yoma Strategic Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Z59 Management

 What is the CEO of Yoma Strategic Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Melvyn Pun
COMPENSATION $1,236,980
AGE 40
TENURE AS CEO 3.9 years
CEO Bio

Mr. Chi Tung Pun, also known as Melvyn, has been the Chief Executive Officer of Yoma Strategic Holdings Ltd. since July 27, 2015. Mr. Pun serves as the Chief Executive Officer of Serge Pun & Associates (Myanmar) Limited. Mr. Pun served as the Managing Director and the Head of Asia (Ex-Japan) Corporate Solutions Group, Securities Division in Goldman Sachs (Asia) L.L.C. His extensive financial and corporate experience in various markets across Asia such as Greater China, Southeast Asia and Korea, the Board believes that he provides invaluable contributions to the Yoma Strategic Holdings Ltd. He worked in Goldman Sachs for the past 12 years. He has been Executive Director of Yoma Strategic Holdings Ltd. since July 27, 2015. Mr. Pun graduated from Cambridge University in 2000 with a Bachelor of Arts (First Class Honours), Masters of Engineering and Masters of Arts.

CEO Compensation
  • Melvyn's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Melvyn's remuneration is higher than average for companies of similar size in Singapore.
Management Team Tenure

Average tenure and age of the Yoma Strategic Holdings management team in years:

4.1
Average Tenure
43
Average Age
  • The tenure for the Yoma Strategic Holdings management team is about average.
Management Team

Serge Pun

TITLE
Executive Chairman
COMPENSATION
$1M
AGE
66

Melvyn Pun

TITLE
CEO & Executive Director
COMPENSATION
$1M
AGE
40
TENURE
3.9 yrs

J. Ching

TITLE
Chief Financial Officer
AGE
39
TENURE
4.1 yrs

Jane Kwa

TITLE
Head of Investor Relations
TENURE
6.1 yrs

Hwee Fang Loo

TITLE
Group General Counsel & Company Secretary
AGE
43
TENURE
6.2 yrs

Martin Appel

TITLE
Head of Human Resources
TENURE
2.8 yrs

Michael Rudenmark

TITLE
Head of Automotive
TENURE
6.3 yrs

Min Win

TITLE
Head of Risk Management & Assurance
AGE
46
TENURE
6.3 yrs

Stephen Purvis

TITLE
Head of Yoma Land
TENURE
0.3 yrs

Gerhard Hartzenberg

TITLE
Head of Heavy Equipment
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure and age of the Yoma Strategic Holdings board of directors in years:

3.7
Average Tenure
50.5
Average Age
  • The tenure for the Yoma Strategic Holdings board of directors is about average.
Board of Directors

Serge Pun

TITLE
Executive Chairman
COMPENSATION
$1M
AGE
66
TENURE
12.8 yrs

Melvyn Pun

TITLE
CEO & Executive Director
COMPENSATION
$1M
AGE
40
TENURE
3.9 yrs

Adrian Chan

TITLE
Non-Executive Lead Independent Director
COMPENSATION
$81K
AGE
53

Su-Yen Wong

TITLE
Non-Executive Independent Director
COMPENSATION
$70K
AGE
48
TENURE
3.5 yrs

George Thia

TITLE
Independent and Non-Executive Director
COMPENSATION
$21K
TENURE
1.5 yrs

Cyrus Pun

TITLE
Non-Executive Director
COMPENSATION
$1M
AGE
39
TENURE
8.3 yrs

Timothy Ong

TITLE
Non-Executive Independent Director
COMPENSATION
$68K
AGE
64
TENURE
3.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SGD) Value (SGD)
28. Feb 19 Sell Eaton Vance Management Company 26. Feb 19 26. Feb 19 -340,000 SGD0.34 SGD-115,600
24. Jan 19 Sell Standard Life Aberdeen plc Company 23. Jan 19 23. Jan 19 -585,900 SGD0.36 SGD-210,924
03. Aug 18 Sell Standard Life Aberdeen plc Company 01. Aug 18 01. Aug 18 -2,012,300 SGD0.37 SGD-744,550
16. Jul 18 Sell Standard Life Aberdeen plc Company 13. Jul 18 13. Jul 18 -899,000 SGD0.38 SGD-341,620
23. Aug 18 Buy Chi Pun Individual 21. Aug 18 21. Aug 18 1,713,300 SGD0.33 SGD565,389
17. Aug 18 Buy Chi Pun Individual 16. Aug 18 16. Aug 18 134,500 SGD0.33 SGD44,385
X
Management checks
We assess Yoma Strategic Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Yoma Strategic Holdings 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.

Z59 News

Simply Wall St News

Is It Time To Consider Buying Yoma Strategic Holdings Ltd. (SGX:Z59)?

Yoma Strategic Holdings is currently overpriced based on my relative valuation model. … Furthermore, Yoma Strategic Holdings’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. … If you are no longer interested in Yoma Strategic Holdings, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

Should You Be Tempted To Sell Yoma Strategic Holdings Ltd. (SGX:Z59) Because Of Its P/E Ratio?

We'll look at Yoma Strategic Holdings Ltd.'s (SGX:Z59) P/E ratio and reflect on what it tells us about the company's share price. … See our latest analysis for Yoma Strategic Holdings How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) Or for Yoma Strategic Holdings: P/E of 14.94 = $0.27 (Note: this is the share price in the reporting currency, namely, USD ) ÷ $0.018 (Based on the trailing twelve months to March 2019.) Is A High P/E Ratio Good?

Simply Wall St -

Did Yoma Strategic Holdings Ltd. (SGX:Z59) Insiders Buy Up More Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Yoma Strategic Holdings Ltd. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' View our latest analysis for Yoma Strategic Holdings Yoma Strategic Holdings Insider Transactions Over The Last Year In the last twelve months, the biggest single purchase by an insider was when CEO & Executive Director Chi Pun bought S$565k worth of shares at a price of S$0.33 per share. … It would be great to see more insider buying, but overall it seems like Yoma Strategic Holdings insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the future.

Simply Wall St -

Our Take On Yoma Strategic Holdings Ltd.'s (SGX:Z59) CEO Salary

We examined companies with market caps from S$276m to S$1.1b, and discovered that the median CEO total compensation of that group was S$461k. … Thus we can conclude that Melvyn Pun receives more in total compensation than the median of a group of companies in the same market, and of similar size to Yoma Strategic Holdings Ltd.. … If you want to buy a stock that is better than Yoma Strategic Holdings, this free list of high return, low debt companies is a great place to look.

Simply Wall St -

How Does Investing In Yoma Strategic Holdings Ltd. (SGX:Z59) Impact The Volatility Of Your Portfolio?

A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … This suggests that including it in your portfolio will reduce volatility arising from broader market movements, assuming your portfolio's weighted average beta is higher than 0.87. … What this means for you: One potential advantage of owning low beta stocks like Yoma Strategic Holdings is that your overall portfolio won't be too sensitive to overall market movements.

Simply Wall St -

How Much Of Yoma Strategic Holdings Ltd. (SGX:Z59) Do Insiders Own?

Every investor in Yoma Strategic Holdings Ltd. … Yoma Strategic Holdings is not a large company by global standards. … Check out our latest analysis for Yoma Strategic Holdings

Simply Wall St -

Are Yoma Strategic Holdings Ltd.'s (SGX:Z59) Interest Costs Too High?

(SGX:Z59) with its market cap of S$607m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … The following basic checks can help you get a picture of the company's balance sheet strength.

Simply Wall St -

Imagine Owning Yoma Strategic Holdings (SGX:Z59) While The Price Tanked 57%

(SGX:Z59) share price dropped 57% over five years. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During the five years over which the share price declined, Yoma Strategic Holdings's earnings per share (EPS) dropped by 29% each year.

Simply Wall St -

Read This Before Selling Yoma Strategic Holdings Ltd. (SGX:Z59) Shares

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … That means that an insider was happy to buy shares at around the current price. … In any event it's generally a positive if insiders are buying shares at around the current price

Simply Wall St -

Is Yoma Strategic Holdings Ltd.'s (SGX:Z59) 2.3% ROE Worse Than Average?

Yoma Strategic Holdings has a ROE of 2.3%, based on the last twelve months. … That means that for every SGD1 worth of shareholders' equity, it generated SGD0.023 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Z59 Company Info

Description

Yoma Strategic Holdings Ltd., an investment holding company, engages in the real estate, automotive and heavy equipment, consumer, financial, and investment businesses in Singapore, Myanmar, and the People’s Republic of China. The company’s Real Estate Development segment develops and sells land and properties. Its Real Estate Services segment provides project management, design, and estate management services, as well as property leasing services. The company’s Automotive & Heavy Equipment segment supplies and sells agriculture and construction equipment, as well as offers maintenance services. Its Consumer segment engages in the operation of restaurants; bottling and distribution of beverages; food wholesale business; and provision of logistics services. The company’s Financial Services segment provides vehicle financing; and invests in mobile financial services. Its Investments segment invests in the infrastructure, tourism, agricultural, and other sectors, as well as leases investment properties. The company also engages in leasing automotive equipment. The company was formerly known as Sea View Hotel Limited. Yoma Strategic Holdings Ltd. was incorporated in 1962 and is headquartered in Singapore.

Details
Name: Yoma Strategic Holdings Ltd.
Z59
Exchange: SGX
Founded: 1962
SGD710,932,665
1,895,820,441
Website: http://www.yomastrategic.com
Address: Yoma Strategic Holdings Ltd.
78 Shenton Way,
No. 32-00,
Singapore,
079120,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX Z59 Ordinary Shares Singapore Exchange SG SGD 28. Aug 2006
OTCPK YMAI.F Ordinary Shares Pink Sheets LLC US USD 28. Aug 2006
DB O3B Ordinary Shares Deutsche Boerse AG DE EUR 28. Aug 2006
Number of employees
Current staff
Staff numbers
3,102
Yoma Strategic Holdings employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 12:42
End of day share price update: 2019/06/26 00:00
Last estimates confirmation: 2019/06/18
Last earnings filing: 2019/05/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


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.