SGX:C04

Stock Analysis Report

Executive Summary

Casa Holdings Limited, an investment holding company, distributes electrical and electronic home appliances in Singapore and internationally.


Snowflake Analysis

Undervalued with poor track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: C04's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

C04

0.3%

SG Retail Distributors

3.4%

SG Market


1 Year Return

-47.1%

C04

-41.8%

SG Retail Distributors

-23.9%

SG Market

Return vs Industry: C04 underperformed the SG Retail Distributors industry which returned -44.5% over the past year.

Return vs Market: C04 underperformed the SG Market which returned -26.9% over the past year.


Shareholder returns

C04IndustryMarket
7 Day0%0.3%3.4%
30 Day-25.0%-23.8%-15.0%
90 Day-21.1%-33.8%-22.3%
1 Year-47.1%-47.1%-39.7%-41.8%-20.7%-23.9%
3 Year-33.8%-33.8%-52.3%-56.6%-15.6%-24.6%
5 Year-70.8%-70.8%-45.4%-54.3%-15.7%-30.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Casa Holdings 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: C04 (SGD0.05) is trading below our estimate of fair value (SGD0.22)

Significantly Below Fair Value: C04 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: C04 is good value based on its PE Ratio (3.3x) compared to the Retail Distributors industry average (6.1x).

PE vs Market: C04 is good value based on its PE Ratio (3.3x) compared to the SG market (10.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate C04's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: C04 is good value based on its PB Ratio (0.2x) compared to the SG Retail Distributors industry average (0.3x).


Next Steps

Future Growth

How is Casa Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.7%

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 Casa Holdings 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 Casa Holdings performed over the past 5 years?

-37.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: C04 has high quality earnings.

Growing Profit Margin: C04's current net profit margins (15.4%) are lower than last year (20.6%).


Past Earnings Growth Analysis

Earnings Trend: C04's earnings have declined by -37.1% per year over the past 5 years.

Accelerating Growth: C04's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: C04 had negative earnings growth (-30%) over the past year, making it difficult to compare to the Retail Distributors industry average (-5.6%).


Return on Equity

High ROE: C04's Return on Equity (3.6%) is considered low.


Next Steps

Financial Health

How is Casa Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: C04's short term assets (SGD10.6M) exceed its short term liabilities (SGD6.8M).

Long Term Liabilities: C04's short term assets (SGD10.6M) do not cover its long term liabilities (SGD29.8M).


Debt to Equity History and Analysis

Debt Level: C04's debt to equity ratio (56.9%) is considered high.

Reducing Debt: C04's debt to equity ratio has increased from 45.1% to 56.9% over the past 5 years.

Debt Coverage: C04's debt is not well covered by operating cash flow (8.5%).

Interest Coverage: Insufficient data to determine if C04's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Casa Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate C04's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate C04's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if C04's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if C04's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: C04 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of C04'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?

11.4yrs

Average board tenure


CEO

Chong Lim (72yo)

no data

Tenure

Mr. Soo Kong Lim, also known as Chong, is a founder of the CASA Holdings Ltd. and serves as its Chief Executive Officer. Mr. Lim is a Businessman and Entrepreneur and has more than 25 years of experience d ...


Board Members

NamePositionTenureCompensationOwnership
Soo Kong Lim
Founderno datano data28.57% SGD2.7m
Matthieu Shing Yuan Lim
Deputy CEO & Executive Director10.58yrsno datano data
Seow Chay Low
Independent Chairman of the Board0.25yrno data0.098% SGD9.2k
Yian Poh Lim
Independent Director11.42yrsno datano data
Zhong Huai Hu
Non-Executive & Non Independent Director12.5yrsno data28.99% SGD2.7m

11.4yrs

Average Tenure

69yo

Average Age

Experienced Board: C04's board of directors are seasoned and experienced ( 11.4 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Casa Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Casa Holdings Limited
  • Ticker: C04
  • Exchange: SGX
  • Founded: 1976
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: S$9.442m
  • Shares outstanding: 209.83m
  • Website: https://www.casaholdings.com.sg

Location

  • Casa Holdings Limited
  • 15 Kian Teck Crescent
  • Singapore
  • 628884
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
C04SGX (Singapore Exchange)YesOrdinary SharesSGSGDMay 1996

Biography

Casa Holdings Limited, an investment holding company, distributes electrical and electronic home appliances in Singapore and internationally. The company operates in two segments, Trading and Property Development. It offers home and cooking appliances, such as hobs, cooker hoods, ovens, microwave ovens, washers, dryers, dishwashers, washing machines, tumble dryers, fridges, and coolers; kitchen and bathroom fixtures, including kitchen sinks, faucets, mirror cabinets, showers, bathroom accessories, bath tubs, and shower trays; and water heaters. The company was founded in 1976 and is based in Singapore. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 13:59
End of Day Share Price2020/03/26 00:00
Earnings2019/09/30
Annual Earnings2019/09/30


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.