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MoneyMax Financial Services

Executive Summary

MoneyMax Financial Services Ltd., an investment holding company, engages in the pawnbroking, retailing, and trading of new and pre-owned jewellery, luxury bags, and timepieces. More Details


Snowflake Analysis

Solid track record and fair value.

Share Price & News

How has MoneyMax Financial Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5WJ is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 5WJ's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

6.8%

5WJ

0.3%

SG Specialty Retail

1.9%

SG Market


1 Year Return

62.1%

5WJ

22.2%

SG Specialty Retail

5.8%

SG Market

Return vs Industry: 5WJ exceeded the SG Specialty Retail industry which returned 19.2% over the past year.

Return vs Market: 5WJ exceeded the SG Market which returned -1.6% over the past year.


Shareholder returns

5WJIndustryMarket
7 Day6.8%0.3%1.9%
30 Day25.0%7.6%3.5%
90 Day35.8%10.9%7.8%
1 Year67.3%62.1%28.2%22.2%11.4%5.8%
3 Year51.7%37.4%19.4%6.9%-6.8%-18.3%
5 Year79.0%52.6%-3.1%-15.5%18.4%-3.3%

Long-Term Price Volatility Vs. Market

How volatile is MoneyMax Financial Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is MoneyMax Financial Services undervalued compared to its fair value and its price relative to the market?

4.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 5WJ (SGD0.24) is trading above our estimate of fair value (SGD0.15)

Significantly Below Fair Value: 5WJ is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 5WJ is good value based on its PE Ratio (4.1x) compared to the SG Specialty Retail industry average (10.1x).

PE vs Market: 5WJ is good value based on its PE Ratio (4.1x) compared to the SG market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5WJ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5WJ is good value based on its PB Ratio (0.9x) compared to the SG Specialty Retail industry average (1x).


Next Steps

Future Growth

How is MoneyMax Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.0%

Forecasted Retail 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 MoneyMax Financial Services 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.


Next Steps

Past Performance

How has MoneyMax Financial Services performed over the past 5 years?

24.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5WJ has high quality earnings.

Growing Profit Margin: 5WJ's current net profit margins (10.3%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: 5WJ's earnings have grown significantly by 24.8% per year over the past 5 years.

Accelerating Growth: 5WJ's earnings growth over the past year (138.2%) exceeds its 5-year average (24.8% per year).

Earnings vs Industry: 5WJ earnings growth over the past year (138.2%) exceeded the Specialty Retail industry -3%.


Return on Equity

High ROE: Whilst 5WJ's Return on Equity (21.26%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is MoneyMax Financial Services's financial position?


Financial Position Analysis

Short Term Liabilities: 5WJ's short term assets (SGD281.3M) exceed its short term liabilities (SGD224.2M).

Long Term Liabilities: 5WJ's short term assets (SGD281.3M) exceed its long term liabilities (SGD55.1M).


Debt to Equity History and Analysis

Debt Level: 5WJ's debt to equity ratio (225.4%) is considered high.

Reducing Debt: 5WJ's debt to equity ratio has increased from 197.7% to 225.4% over the past 5 years.

Debt Coverage: 5WJ's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 5WJ's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Next Steps

Dividend

What is MoneyMax Financial Services's current dividend yield, its reliability and sustainability?

5.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 5WJ's dividend (5.02%) is higher than the bottom 25% of dividend payers in the SG market (1.88%).

High Dividend: 5WJ's dividend (5.02%) is in the top 25% of dividend payers in the SG market (4.82%)


Stability and Growth of Payments

Stable Dividend: 5WJ has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 5WJ's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.6%), 5WJ's dividend payments are well covered by earnings.


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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.4yrs

Average management tenure


CEO

Peter Lim (60 yo)

12.42yrs

Tenure

Dr. Yong Guan Lim, also known as Peter, is a Co-Founder of MoneyMax Financial Services Ltd. and has been its the Chief Executive Officer and Executive Chairman since October 9, 2008. Dr. Lim is responsible...


Leadership Team

NamePositionTenureCompensationOwnership
Yong Guan Lim
Co-Founder12.42yrsno data12.54%
SGD 10.4m
Yong Sheng Lim
Co-Founder & Non-Executive Director12.42yrsno data10.82%
SGD 9.0m
Su Yi Lee
Assistant Financial Controllerno datano datano data
Yang Hong Tan
Chief Operating Officer10.42yrsno data0.42%
SGD 352.5k
Liang Soh Lim
Head of Retail Operations10.42yrsno datano data
Chun Seng Lim
Head of Auto Financing Operations1.67yrsno datano data
Hoi Lai Goh
Company Secretary2.42yrsno datano data

10.4yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 5WJ's management team is seasoned and experienced (10.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yong Guan Lim
Co-Founder12.42yrsno data12.54%
SGD 10.4m
Yong Sheng Lim
Co-Founder & Non-Executive Director12.42yrsno data10.82%
SGD 9.0m
Cher Yan Ng
Lead Independent Director7.75yrsno data0.0071%
SGD 5.9k
Kian Kheng Khua
Independent Director7.75yrsno data0.0071%
SGD 5.9k
Say Tun Foo
Independent Director7.75yrsno data0.0071%
SGD 5.9k

7.8yrs

Average Tenure

54yo

Average Age

Experienced Board: 5WJ's board of directors are considered experienced (7.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

MoneyMax Financial Services Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MoneyMax Financial Services Ltd.
  • Ticker: 5WJ
  • Exchange: Catalist
  • Founded: 2008
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: S$83.143m
  • Shares outstanding: 353.80m
  • Website: https://www.moneymax.com.sg

Location

  • MoneyMax Financial Services Ltd.
  • 7 Changi Business Park Vista
  • No. 01-01 SOOKEE HQ
  • Singapore
  • 486042
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5WJCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDAug 2013

Biography

MoneyMax Financial Services Ltd., an investment holding company, engages in the pawnbroking, retailing, and trading of new and pre-owned jewellery, luxury bags, and timepieces. The company operates through...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 11:05
End of Day Share Price2021/03/03 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.