Catalist:SJY

Stock Analysis Report

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Executive Summary

MeGroup Ltd., through its subsidiaries, primarily engages in the automobile dealership business in Malaysia. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has MeGroup's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine SJY's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine SJY's volatility change over the past year.


Market Performance


7 Day Return

0%

SJY

0.3%

SG Specialty Retail

1.9%

SG Market


1 Year Return

-6.3%

SJY

22.2%

SG Specialty Retail

5.8%

SG Market

Return vs Industry: SJY underperformed the SG Specialty Retail industry which returned 19.2% over the past year.

Return vs Market: SJY underperformed the SG Market which returned -1.6% over the past year.


Shareholder returns

SJYIndustryMarket
7 Day0%0.3%1.9%
30 Day-3.3%7.6%3.5%
90 Day-6.3%10.9%7.8%
1 Year-6.3%-6.3%28.2%22.2%11.4%5.8%
3 Yearn/a19.4%6.9%-6.8%-18.3%
5 Yearn/a-3.1%-15.5%18.4%-3.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is MeGroup undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SJY (SGD0.18) is trading below our estimate of fair value (SGD1.85)

Significantly Below Fair Value: SJY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SJY is poor value based on its PE Ratio (2218.7x) compared to the SG Specialty Retail industry average (10.1x).

PE vs Market: SJY is poor value based on its PE Ratio (2218.7x) compared to the SG market (14.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SJY is overvalued based on its PB Ratio (1.5x) compared to the SG Specialty Retail industry average (1x).


Next Steps

Future Growth

How is MeGroup 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 MeGroup 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 MeGroup performed over the past 5 years?

-40.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SJY has a large one-off gain of MYR459.3K impacting its September 30 2020 financial results.

Growing Profit Margin: SJY's current net profit margins (0.02%) are lower than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: SJY's earnings have declined by 40.8% per year over the past 5 years.

Accelerating Growth: SJY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SJY had negative earnings growth (-95.9%) over the past year, making it difficult to compare to the Specialty Retail industry average (-3%).


Return on Equity

High ROE: SJY's Return on Equity (0.04%) is considered low.


Next Steps

Financial Health

How is MeGroup's financial position?


Financial Position Analysis

Short Term Liabilities: SJY's short term assets (MYR39.5M) exceed its short term liabilities (MYR15.3M).

Long Term Liabilities: SJY's short term assets (MYR39.5M) exceed its long term liabilities (MYR38.5M).


Debt to Equity History and Analysis

Debt Level: SJY's debt to equity ratio (46.8%) is considered high.

Reducing Debt: Insufficient data to determine if SJY's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SJY's debt is well covered by operating cash flow (111.2%).

Interest Coverage: SJY's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


Next Steps

Dividend

What is MeGroup current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SJY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SJY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SJY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SJY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SJY is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SJY's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

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

2.5yrs

Average board tenure


CEO

Cheong Chee Wong (71 yo)

no data

Tenure

Mr. Cheong Chee Wong serves as the Executive Chairman and CEO and Non-Independent Director of MeGroup Ltd. He has more than 40 years of experience in the manufacturing industry. Prior to his involvement wi...


Board Members

NamePositionTenureCompensationOwnership
Cheong Chee Wong
Executive Chairman & CEOno datano data15.95%
MYR 3.4m
Keat Yee Wong
Head of Operations - Manufacturing & Executive Directorno datano datano data
Teck Kwong Chee
Lead Independent Directorno datano datano data
Kwea Chong
Independent Non-Executive Director0.17yrno datano data
Chih Chien Choo
Independent Director2.5yrsno datano data
Sou Wei Lai
Independent Director2.5yrsno datano data

2.5yrs

Average Tenure

55yo

Average Age

Experienced Board: SJY's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

MeGroup Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MeGroup Ltd.
  • Ticker: SJY
  • Exchange: Catalist
  • Founded: 2018
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: S$21.275m
  • Shares outstanding: 119.52m
  • Website: https://www.me-grp.com

Number of Employees


Location

  • MeGroup Ltd.
  • Singapore Land Tower
  • 50 Raffles Place, No. 32-01
  • Singapore
  • 48623
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SJYCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDOct 2018

Biography

MeGroup Ltd., through its subsidiaries, primarily engages in the automobile dealership business in Malaysia. The company operates in two segments, Manufacturing Business and Dealership Business. It engages...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 11:06
End of Day Share Price2021/02/22 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.