Executive Summary
Tye Soon Limited, together with its subsidiaries, imports and exports, and distributes automotive parts in Singapore, Malaysia, Australia, Thailand, South Korea, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with proven track record.
Share Price & News
How has Tye Soon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine BFU's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine BFU's volatility change over the past year.
Market Performance
7 Day Return
-5.9%
BFU
6.2%
SG Retail Distributors
1.9%
SG Market
1 Year Return
6.7%
BFU
-4.8%
SG Retail Distributors
5.8%
SG Market
Return vs Industry: BFU exceeded the SG Retail Distributors industry which returned -15.1% over the past year.
Return vs Market: BFU exceeded the SG Market which returned -1.6% over the past year.
Shareholder returns
| BFU | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.9% | 6.2% | 1.9% |
| 30 Day | 24.4% | 4.7% | 3.5% |
| 90 Day | 24.4% | 13.6% | 7.8% |
| 1 Year | 6.7%6.7% | -0.2%-4.8% | 11.4%5.8% |
| 3 Year | -45.1%-46.7% | -28.7%-36.7% | -6.8%-18.3% |
| 5 Year | -59.5%-67.1% | -31.9%-42.4% | 18.4%-3.3% |
Long-Term Price Volatility Vs. Market
How volatile is Tye Soon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
These 4 Measures Indicate That Tye Soon (SGX:BFU) Is Using Debt Extensively3 months ago | Simply Wall St
The Trends At Tye Soon (SGX:BFU) That You Should Know About4 months ago | Simply Wall St
Here's Why Tye Soon (SGX:BFU) Has A Meaningful Debt BurdenValuation
Is Tye Soon 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: BFU (SGD0.11) is trading below our estimate of fair value (SGD4.7)
Significantly Below Fair Value: BFU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BFU is good value based on its PE Ratio (8x) compared to the SG Retail Distributors industry average (8.7x).
PE vs Market: BFU is good value based on its PE Ratio (8x) compared to the SG market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BFU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BFU is good value based on its PB Ratio (0.2x) compared to the SG Retail Distributors industry average (0.5x).
Next Steps
Future Growth
How is Tye Soon forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.2%
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 Tye Soon 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 Tye Soon 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.
- Tye Soon competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
Past Performance
How has Tye Soon performed over the past 5 years?
-52.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BFU has high quality earnings.
Growing Profit Margin: BFU's current net profit margins (0.6%) are higher than last year (0.1%).
Past Earnings Growth Analysis
Earnings Trend: BFU's earnings have declined by 52.8% per year over the past 5 years.
Accelerating Growth: BFU's earnings growth over the past year (434.2%) exceeds its 5-year average (-52.8% per year).
Earnings vs Industry: BFU earnings growth over the past year (434.2%) exceeded the Retail Distributors industry -33.3%.
Return on Equity
High ROE: BFU's Return on Equity (2.3%) is considered low.
Next Steps
Financial Health
How is Tye Soon's financial position?
Financial Position Analysis
Short Term Liabilities: BFU's short term assets (SGD150.1M) exceed its short term liabilities (SGD97.0M).
Long Term Liabilities: BFU's short term assets (SGD150.1M) exceed its long term liabilities (SGD9.1M).
Debt to Equity History and Analysis
Debt Level: BFU's debt to equity ratio (119.8%) is considered high.
Reducing Debt: BFU's debt to equity ratio has reduced from 149.6% to 119.8% over the past 5 years.
Debt Coverage: BFU's debt is well covered by operating cash flow (31.7%).
Interest Coverage: BFU's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
Next Steps
Dividend
What is Tye Soon current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BFU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BFU'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 BFU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BFU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BFU is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BFU'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?
7.1yrs
Average management tenure
CEO
David Chong (54 yo)
7.08yrs
Tenure
Mr. Tek Yew Chong, also known as David, has been Managing Director of Tye Soon Limited since February 26, 2014 and has been its Executive Director since July 1, 1998. Mr. Chong served as Deputy Managing Di...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 7.08yrs | no data | 1.59% SGD 155.0k | |
| President | 7.08yrs | no data | 3.15% SGD 307.6k | |
| Group Financial Controller | 13.42yrs | no data | no data | |
| Executive Director | 54.33yrs | no data | 2.62% SGD 255.8k | |
| Deputy MD & Executive Director | 14.67yrs | no data | 0.46% SGD 45.1k | |
| Company Secretary | no data | no data | no data | |
| Executive Officer | no data | no data | no data |
7.1yrs
Average Tenure
55yo
Average Age
Experienced Management: BFU's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 7.08yrs | no data | 1.59% SGD 155.0k | |
| Executive Director | 54.33yrs | no data | 2.62% SGD 255.8k | |
| Deputy MD & Executive Director | 14.67yrs | no data | 0.46% SGD 45.1k | |
| Independent Director | 23.83yrs | no data | no data | |
| Non Executive & Non Independent Director | 27.42yrs | no data | 0.69% SGD 67.2k | |
| Deputy Chairman | no data | no data | 2.1% SGD 205.5k | |
| Non-Executive & Non-Independent Director | 15yrs | no data | 1.89% SGD 185.2k | |
| Independent Non-Executive Chairman | 0.75yr | no data | no data | |
| Non Executive & Non Independent Director | 10.25yrs | no data | 3.08% SGD 300.6k | |
| Non-Executive Independent Director | 4.25yrs | no data | no data | |
| Non-Executive & Non Independent Director | 5.83yrs | no data | 0.060% SGD 5.9k |
14.8yrs
Average Tenure
60yo
Average Age
Experienced Board: BFU's board of directors are seasoned and experienced ( 14.8 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
Tye Soon Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tye Soon Limited
- Ticker: BFU
- Exchange: SGX
- Founded: 1933
- Industry: Distributors
- Sector: Retail
- Market Cap: S$9.774m
- Shares outstanding: 87.27m
- Website: https://www.tyesoon.com
Location
- Tye Soon Limited
- 3C Toh Guan Road East No. 01-03
- Singapore
- 608832
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BFU | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Dec 1997 |
Biography
Tye Soon Limited, together with its subsidiaries, imports and exports, and distributes automotive parts in Singapore, Malaysia, Australia, Thailand, South Korea, and internationally. It offers electrical a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 11:11 |
| End of Day Share Price | 2021/03/08 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.