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Market Cap

S$22.3m

Last Updated

2021/04/17 11:12 UTC

Data Sources

Company Financials

Executive Summary

ASTI Holdings Limited, an investment holding company, engages in the provision of semiconductor manufacturing services for surface mount technology components in Singapore, China, Malaysia, the Philippines, the United States, the United Kingdom, and internationally. More Details


Snowflake Analysis

Undervalued with excellent balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 575 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 575's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-2.9%

575

-1.3%

SG Semiconductor

0.4%

SG Market


1 Year Return

36.0%

575

79.8%

SG Semiconductor

22.1%

SG Market

Return vs Industry: 575 underperformed the SG Semiconductor industry which returned 79.8% over the past year.

Return vs Market: 575 exceeded the SG Market which returned 22.1% over the past year.


Shareholder returns

575IndustryMarket
7 Day-2.9%-1.3%0.4%
30 Day-2.9%5.4%3.7%
90 Day6.3%4.3%6.3%
1 Year36.0%36.0%86.4%79.8%27.7%22.1%
3 Year-25.9%-52.1%69.1%46.0%-0.2%-12.0%
5 Year59.5%3.0%424.8%267.3%20.9%-0.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is ASTI 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: 575 (SGD0.03) is trading below our estimate of fair value (SGD0.08)

Significantly Below Fair Value: 575 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 575 is good value based on its PE Ratio (13.6x) compared to the SG Semiconductor industry average (20.1x).

PE vs Market: 575 is good value based on its PE Ratio (13.6x) compared to the SG market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 575's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 575 is good value based on its PB Ratio (0.3x) compared to the SG Semiconductor industry average (0.8x).


Future Growth

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

20.8%

Forecasted Semiconductors 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 ASTI 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.


Past Performance

How has ASTI Holdings performed over the past 5 years?

48.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 575 has a large one-off loss of SGD1.6M impacting its December 31 2020 financial results.

Growing Profit Margin: 575's current net profit margins (2.9%) are lower than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: 575 has become profitable over the past 5 years, growing earnings by 48.8% per year.

Accelerating Growth: 575's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 575 had negative earnings growth (-77.4%) over the past year, making it difficult to compare to the Semiconductor industry average (8.6%).


Return on Equity

High ROE: 575's Return on Equity (-4.2%) is considered low.


Financial Health

How is ASTI Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 575's short term assets (SGD56.2M) exceed its short term liabilities (SGD23.8M).

Long Term Liabilities: 575's short term assets (SGD56.2M) exceed its long term liabilities (SGD4.1M).


Debt to Equity History and Analysis

Debt Level: 575's debt to equity ratio (8.1%) is considered satisfactory.

Reducing Debt: 575's debt to equity ratio has reduced from 24.5% to 8.1% over the past 5 years.

Debt Coverage: 575's debt is well covered by operating cash flow (122.2%).

Interest Coverage: Insufficient data to determine if 575's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 575's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 575'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 575's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 575's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 575 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 575'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?

9.7yrs

Average board tenure


CEO

Michael Loh (64 yo)

7.75yrs

Tenure

S$1,910,000

Compensation

Mr. Soon Gnee Loh, also known as Michael, served as an Executive Chairman of Dragon Group International Limited. (Formerly, Flextech Holdings Ltd.), from January 17, 2004 until April 7, 2020 and served as ...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD1.43M) is above average for companies of similar size in the SG market ($USD381.71K).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 575's board of directors are considered experienced (9.7 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

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


Key Information

  • Name: ASTI Holdings Limited
  • Ticker: 575
  • Exchange: SGX
  • Founded: 1999
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: S$22.267m
  • Shares outstanding: 654.73m
  • Website: https://www.astigp.com

Location

  • ASTI Holdings Limited
  • Kallang Avenue
  • Block 25
  • Singapore
  • 339416
  • Singapore

Listings


Biography

ASTI Holdings Limited, an investment holding company, engages in the provision of semiconductor manufacturing services for surface mount technology components in Singapore, China, Malaysia, the Philippines...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 11:12
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.