Executive Summary
Singapore Myanmar Investco Limited operates as an investment and management company primarily in Myanmar. More Details
Risk Analysis
Snowflake Analysis
Mediocre balance sheet and overvalued.
Share Price & News
How has Singapore Myanmar Investco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine Y45's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine Y45's volatility change over the past year.
Market Performance
7 Day Return
-9.1%
Y45
0.3%
SG Specialty Retail
1.9%
SG Market
1 Year Return
-35.5%
Y45
22.2%
SG Specialty Retail
5.8%
SG Market
Return vs Industry: Y45 underperformed the SG Specialty Retail industry which returned 19.2% over the past year.
Return vs Market: Y45 underperformed the SG Market which returned -1.6% over the past year.
Shareholder returns
| Y45 | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.1% | 0.3% | 1.9% |
| 30 Day | 11.1% | 7.6% | 3.5% |
| 90 Day | -23.1% | 10.9% | 7.8% |
| 1 Year | -35.5%-35.5% | 28.2%22.2% | 11.4%5.8% |
| 3 Year | -94.4%-94.4% | 19.4%6.9% | -6.8%-18.3% |
| 5 Year | -94.9%-94.9% | -3.1%-15.5% | 18.4%-3.3% |
Long-Term Price Volatility Vs. Market
How volatile is Singapore Myanmar Investco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Does Singapore Myanmar Investco (SGX:Y45) Have A Healthy Balance Sheet?3 months ago | Simply Wall St
Is Singapore Myanmar Investco (SGX:Y45) Using Too Much Debt?9 months ago | Simply Wall St
Would Singapore Myanmar Investco (SGX:Y45) Be Better Off With Less Debt?Valuation
Is Singapore Myanmar Investco undervalued compared to its fair value and its price relative to the market?
0.41x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Y45 (SGD0.02) is trading above our estimate of fair value (SGD0.01)
Significantly Below Fair Value: Y45 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: Y45 is unprofitable, so we can't compare its PE Ratio to the SG Specialty Retail industry average.
PE vs Market: Y45 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 Y45's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: Y45 is good value based on its PB Ratio (0.4x) compared to the SG Specialty Retail industry average (1x).
Next Steps
Future Growth
How is Singapore Myanmar Investco 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 Singapore Myanmar Investco 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
- Take a look at our analysis of Y45’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Singapore Myanmar Investco 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 Singapore Myanmar Investco performed over the past 5 years?
-9.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: Y45 is currently unprofitable.
Growing Profit Margin: Y45 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Y45 is unprofitable, and losses have increased over the past 5 years at a rate of 9.1% per year.
Accelerating Growth: Unable to compare Y45's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: Y45 is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-3%).
Return on Equity
High ROE: Y45 has a negative Return on Equity (-97.71%), as it is currently unprofitable.
Next Steps
Financial Health
How is Singapore Myanmar Investco's financial position?
Financial Position Analysis
Short Term Liabilities: Y45's short term assets ($12.2M) do not cover its short term liabilities ($25.3M).
Long Term Liabilities: Y45's short term assets ($12.2M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: Y45's debt to equity ratio (113.6%) is considered high.
Reducing Debt: Y45's debt to equity ratio has increased from 26.8% to 113.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable Y45 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: Y45 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.8% per year.
Next Steps
Dividend
What is Singapore Myanmar Investco current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate Y45's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate Y45'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 Y45's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if Y45's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Y45 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of Y45'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?
4.8yrs
Average management tenure
CEO
Mark Francis Bedingham (64 yo)
6.17yrs
Tenure
Mr. Mark Francis Bedingham has been Chief Executive Officer, President and Executive Director of Singapore Myanmar Investco Limited (formerly known as Singapore Windsor Holdings Limited) since January 23, ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 6.17yrs | no data | no data | |
| Group Financial Controller | 0.083yr | no data | no data | |
| General Counsel | 5.83yrs | no data | no data | |
| Director of HR | no data | no data | no data | |
| 0.92yr | no data | no data | ||
| Chief Operating Officer of Telecom Towers | no data | no data | no data | |
| Senior Vice President of Travel & Fashion Retail | 3.17yrs | no data | no data | |
| Joint Secretary | 4.75yrs | no data | no data | |
| Joint Secretary | 4.75yrs | no data | no data | |
| General Manager | no data | no data | no data | |
| General Manager | no data | no data | no data | |
| Chief Operations Officer of Myanmar Infrastructure Group Pte Ltd | no data | no data | no data |
4.8yrs
Average Tenure
Experienced Management: Y45's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 6.17yrs | no data | no data | |
| Lead Independent Director | 4.75yrs | no data | no data | |
| Non-Executive Chairman | 7.33yrs | no data | 35.12% $ 2.2m | |
| Non-Executive Independent Director | 7.33yrs | no data | 0.32% $ 20.0k | |
| Independent Non-Executive Director | 7.33yrs | no data | no data |
7.3yrs
Average Tenure
63yo
Average Age
Experienced Board: Y45's board of directors are considered experienced (7.3 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 been diluted in the past year, with total shares outstanding growing by 4.6%.
Top Shareholders
Company Information
Singapore Myanmar Investco Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Singapore Myanmar Investco Limited
- Ticker: Y45
- Exchange: SGX
- Founded: 1986
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: S$6.340m
- Shares outstanding: 317.00m
- Website: https://www.sin-mi.com
Location
- Singapore Myanmar Investco Limited
- No. 31-03 The Concourse
- 300 Beach Road
- Singapore
- 199555
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| Y45 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Apr 2006 |
Biography
Singapore Myanmar Investco Limited operates as an investment and management company primarily in Myanmar. The company engages in the travel and fashion retail, auto services, food and beverage, logistics a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 11:03 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.