MoneyMax Financial Services
Market Cap
S$83.1m
Last Updated
2021/03/08 11:05 UTC
Data Sources
Company Financials
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
Rewards
Risk Analysis
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
| 5WJ | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.8% | 0.3% | 1.9% |
| 30 Day | 25.0% | 7.6% | 3.5% |
| 90 Day | 35.8% | 10.9% | 7.8% |
| 1 Year | 67.3%62.1% | 28.2%22.2% | 11.4%5.8% |
| 3 Year | 51.7%37.4% | 19.4%6.9% | -6.8%-18.3% |
| 5 Year | 79.0%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
- Examine whether MoneyMax Financial Services is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Retail industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.42yrs | no data | 12.54% SGD 10.4m | |
| Co-Founder & Non-Executive Director | 12.42yrs | no data | 10.82% SGD 9.0m | |
| Assistant Financial Controller | no data | no data | no data | |
| Chief Operating Officer | 10.42yrs | no data | 0.42% SGD 352.5k | |
| Head of Retail Operations | 10.42yrs | no data | no data | |
| Head of Auto Financing Operations | 1.67yrs | no data | no data | |
| Company Secretary | 2.42yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.42yrs | no data | 12.54% SGD 10.4m | |
| Co-Founder & Non-Executive Director | 12.42yrs | no data | 10.82% SGD 9.0m | |
| Lead Independent Director | 7.75yrs | no data | 0.0071% SGD 5.9k | |
| Independent Director | 7.75yrs | no data | 0.0071% SGD 5.9k | |
| Independent Director | 7.75yrs | no data | 0.0071% 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 5WJ | Catalist (Singapore Exchange Catalist Market) | Yes | Ordinary Shares | SG | SGD | Aug 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 11:05 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.