SGX:BPF

Stock Analysis Report

YHI International

Executive Summary

YHI International Limited, an investment holding company, distributes automotive and industrial products in Singapore, Malaysia, China, Hong Kong, Taiwan, Australia, New Zealand, and internationally.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • YHI International is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

SGX:BPF

1.0%

SG Retail Distributors

0.6%

SG Market


1 Year Return

-25.8%

SGX:BPF

12.7%

SG Retail Distributors

2.1%

SG Market

BPF underperformed the Retail Distributors industry which returned 12.7% over the past year.

BPF underperformed the Market in Singapore which returned 2.1% over the past year.


Share holder returns

BPFIndustryMarket
7 Day0%1.0%0.6%
30 Day-4.3%-0.04%3.5%
90 Day-16.5%1.3%0.4%
1 Year-21.2%-25.8%16.7%12.7%6.3%2.1%
3 Year11.8%0%8.0%-1.5%23.0%9.8%
5 Year-12.2%-26.7%-6.2%-21.3%14.4%-4.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is YHI International undervalued based on future cash flows and its price relative to the stock market?

8.5x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

YHI International's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

YHI International's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

YHI International is good value based on earnings compared to the SG Retail Distributors industry average.

YHI International is good value based on earnings compared to the Singapore market.


Price Based on Expected Growth

Unable to calculate PEG ratio for YHI International, we can't assess if its growth is good value.


Price Based on Value of Assets

YHI International is good value based on assets compared to the SG Retail Distributors industry average.


Next Steps

Future Growth

How is YHI International expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if YHI International is high growth as no revenue estimate data is available.

YHI International's earnings are expected to grow by 13.3% yearly, however this is not considered high growth (20% yearly).

Unable to compare YHI International's revenue growth to the Singapore market average as no estimate data is available.

YHI International's earnings growth is expected to exceed the Singapore market average.

YHI International's earnings growth is expected to exceed the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if YHI International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has YHI International performed over the past 5 years?

8.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

YHI International's year on year earnings growth rate has been positive over the past 5 years.

YHI International's 1-year earnings growth is negative, it can't be compared to the 5-year average.

YHI International's 1-year earnings growth is negative, it can't be compared to the SG Retail Distributors industry average.


Return on Equity

YHI International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

YHI International used its assets more efficiently than the SG Retail Distributors industry average last year based on Return on Assets.


Return on Capital Employed

YHI International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is YHI International's financial position?


Financial Position Analysis

YHI International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

YHI International's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

YHI International's level of debt (28.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (49% vs 28.2% today).

Debt is well covered by operating cash flow (32.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.4x debt.


Next Steps

Dividend

What is YHI International's current dividend yield, its reliability and sustainability?

7.12%

Current Dividend Yield


Dividend Yield and Payments Analysis

YHI International's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.58%).

YHI International's dividend is above the markets top 25% of dividend payers in Singapore (5.53%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.7x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of YHI International's salary, the management and board of directors tenure and is there insider trading?

16.2yrs

Average board tenure


CEO

Richard Tay (68yo)

Mr. Tian Hoe Tay, also known as Richard, serves as Executive Chairman and Group Managing Director of YHI Manufacturing (Shanghai) Co., Ltd. Mr. Tay serves as Group Managing Director of YHI International Li ...


Board Age and Tenure

16.2yrs

Average Tenure

67yo

Average Age

The average tenure for the YHI International board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Gwendolyn Gn (48yo)

    Company Secretary

  • Tiang Guan Tay (67yo)

    Executive Director

  • Richard Tay (68yo)

    Founder

  • Gary Su (55yo)

    Group Chief Financial Officer

    • Tenure: 9.8yrs
  • Amy Soo

    General Manager of Group Human Resource/Administration

  • Alex Ong (50yo)

    Chief Operating Officer of Distribution Group

    • Tenure: 5.5yrs

Board Members

  • Henry Tan (55yo)

    Lead Independent Director

    • Tenure: 8.9yrs
    • Compensation: SGD30.00k
  • Tin How Phua (69yo)

    Independent Director

    • Tenure: 16.2yrs
    • Compensation: SGD30.00k
  • Tiang Guan Tay (67yo)

    Executive Director

    • Tenure: 18.9yrs
  • Richard Tay (68yo)

    Founder

    • Tenure: 9.3yrs
  • Sou Wai Yuen (65yo)

    Independent Director

    • Tenure: 16.2yrs

Company Information

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


Key Information

  • Name: YHI International Limited
  • Ticker: BPF
  • Exchange: SGX
  • Founded: 1948
  • Industry: distributors
  • Sector: retail
  • Market Cap: S$96.458m
  • Shares outstanding: 292.30m
  • Website: Click here

Location

  • YHI International Limited
  • No. 2 Pandan Road
  • Singapore
  • 609254
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BPFSGX (Singapore Exchange)YesOrdinary SharesSGSGDJul 2003

Biography

YHI International Limited, an investment holding company, distributes automotive and industrial products in Singapore, Malaysia, China, Hong Kong, Taiwan, Australia, New Zealand, and internationally. It op ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/17 12:44
End of Day Share Price2019/07/15 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.