SGX:5SO

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Duty Free International

Executive Summary

Duty Free International Limited, an investment holding company, trades in duty free merchandise under the Zon brand in Malaysia. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Duty Free International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5SO is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 5SO's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-2.4%

5SO

0.3%

SG Specialty Retail

1.9%

SG Market


1 Year Return

-38.5%

5SO

22.2%

SG Specialty Retail

5.8%

SG Market

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

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


Shareholder returns

5SOIndustryMarket
7 Day-2.4%0.3%1.9%
30 Day-9.8%7.6%3.5%
90 Day-11.7%10.9%7.8%
1 Year-17.4%-38.5%28.2%22.2%11.4%5.8%
3 Year-52.7%-68.7%19.4%6.9%-6.8%-18.3%
5 Year-57.3%-75.2%-3.1%-15.5%18.4%-3.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Duty Free International undervalued compared to its fair value and its price relative to the market?

0.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 5SO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 5SO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 5SO is unprofitable, so we can't compare its PE Ratio to the SG Specialty Retail industry average.

PE vs Market: 5SO is unprofitable, so we can't compare its PE Ratio to the SG market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: 5SO is good value based on its PB Ratio (0.8x) compared to the SG Specialty Retail industry average (1x).


Next Steps

Future Growth

How is Duty Free International 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 Duty Free International 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 Duty Free International performed over the past 5 years?

-36.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5SO is currently unprofitable.

Growing Profit Margin: 5SO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 5SO is unprofitable, and losses have increased over the past 5 years at a rate of 36.9% per year.

Accelerating Growth: Unable to compare 5SO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 5SO is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-3%).


Return on Equity

High ROE: 5SO has a negative Return on Equity (-11.67%), as it is currently unprofitable.


Next Steps

Financial Health

How is Duty Free International's financial position?


Financial Position Analysis

Short Term Liabilities: 5SO's short term assets (MYR358.7M) exceed its short term liabilities (MYR71.6M).

Long Term Liabilities: 5SO's short term assets (MYR358.7M) exceed its long term liabilities (MYR93.2M).


Debt to Equity History and Analysis

Debt Level: 5SO's debt to equity ratio (1.5%) is considered satisfactory.

Reducing Debt: 5SO's debt to equity ratio has reduced from 10.4% to 1.5% over the past 5 years.

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

Interest Coverage: Insufficient data to determine if 5SO's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Duty Free International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 5SO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 5SO'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 5SO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5SO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 5SO is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 5SO'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?

9.2yrs

Average management tenure


CEO

Bok Ong (61 yo)

7.75yrs

Tenure

Mr. Bok Siong Ong has been the Managing Director of Duty Free International Limited since joining on June 27, 2013 and serves as its Chief Executive Officer. Mr. Ong is tasked with executing strategic busi...


Leadership Team

NamePositionTenureCompensationOwnership
Bok Ong
CEO, MD & Director7.75yrsno datano data
Sze Lee
Executive Director of Finance & Corporate Services and Executive Director10.58yrsno datano data
Im Cheah
Financial Controller15.17yrsno datano data
Sook Fun Thum
Company Secretary1.92yrsno datano data

9.2yrs

Average Tenure

Experienced Management: 5SO's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bok Ong
CEO, MD & Director7.75yrsno datano data
Sze Lee
Executive Director of Finance & Corporate Services and Executive Director10.58yrsno datano data
Adam Bin Abdullah
Non-Executive Chairmanno datano datano data
Megat bin Megat Mahmud
Independent Non-Executive Director7.67yrsno datano data
Soo Lin Chew
Independent Director9.58yrsno data0.23%
MYR 229.8k
Panglima Mohamed Bin Mohamed
Lead Independent Director6.83yrsno datano data

7.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 5SO'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

Duty Free International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Duty Free International Limited
  • Ticker: 5SO
  • Exchange: SGX
  • Founded: 1978
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: S$98.252m
  • Shares outstanding: 1.20b
  • Website: https://www.dfi.com.sg

Location

  • Duty Free International Limited
  • 138 Cecil Street
  • No. 12-01A Cecil Court
  • Singapore
  • 69538
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5SOSGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 2011

Biography

Duty Free International Limited, an investment holding company, trades in duty free merchandise under the Zon brand in Malaysia. The company wholesales, distributes, and retails duty free and non-dutiable ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 11:03
End of Day Share Price2021/03/08 00:00
Earnings2020/11/30
Annual Earnings2020/02/29


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.