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Market Cap

S$1.1b

Last Updated

2021/04/19 11:04 UTC

Data Sources

Company Financials +

Executive Summary

AEM Holdings Ltd provides intelligent system testing and handling solutions for semiconductor and electronics companies Asia, North America, Europe, the Middle East, and Central America. More Details


Snowflake Analysis

Solid track record with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AWX is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AWX's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-0.5%

AWX

-1.3%

SG Semiconductor

0.4%

SG Market


1 Year Return

89.6%

AWX

79.8%

SG Semiconductor

22.1%

SG Market

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

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


Shareholder returns

AWXIndustryMarket
7 Day-0.5%-1.3%0.4%
30 Day3.3%5.7%2.9%
90 Day0.2%2.1%6.5%
1 Year93.9%89.6%86.4%79.8%27.7%22.1%
3 Year161.8%138.9%69.1%46.0%-0.3%-12.1%
5 Year5,901.8%5,087.2%424.8%267.3%21.2%-0.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is AEM Holdings undervalued compared to its fair value and its price relative to the market?

18.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AWX (SGD4.02) is trading below our estimate of fair value (SGD4.94)

Significantly Below Fair Value: AWX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: AWX is good value based on its PE Ratio (11.3x) compared to the SG Semiconductor industry average (20.1x).

PE vs Market: AWX is good value based on its PE Ratio (11.3x) compared to the SG market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: AWX is poor value based on its PEG Ratio (3.8x)


Price to Book Ratio

PB vs Industry: AWX is overvalued based on its PB Ratio (5.2x) compared to the SG Semiconductor industry average (0.8x).


Future Growth

How is AEM Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

3.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AWX's forecast earnings growth (3% per year) is above the savings rate (2%).

Earnings vs Market: AWX's earnings (3% per year) are forecast to grow slower than the SG market (24.7% per year).

High Growth Earnings: AWX's earnings are forecast to grow, but not significantly.

Revenue vs Market: AWX's revenue (3% per year) is forecast to grow slower than the SG market (8.7% per year).

High Growth Revenue: AWX's revenue (3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AWX's Return on Equity is forecast to be high in 3 years time (26.2%)


Past Performance

How has AEM Holdings performed over the past 5 years?

47.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AWX has a high level of non-cash earnings.

Growing Profit Margin: AWX's current net profit margins (18.8%) are higher than last year (16.4%).


Past Earnings Growth Analysis

Earnings Trend: AWX's earnings have grown significantly by 47.5% per year over the past 5 years.

Accelerating Growth: AWX's earnings growth over the past year (83.8%) exceeds its 5-year average (47.5% per year).

Earnings vs Industry: AWX earnings growth over the past year (83.8%) exceeded the Semiconductor industry 8.6%.


Return on Equity

High ROE: AWX's Return on Equity (46.2%) is considered outstanding.


Financial Health

How is AEM Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: AWX's short term assets (SGD266.4M) exceed its short term liabilities (SGD110.8M).

Long Term Liabilities: AWX's short term assets (SGD266.4M) exceed its long term liabilities (SGD13.3M).


Debt to Equity History and Analysis

Debt Level: AWX's debt to equity ratio (0.9%) is considered satisfactory.

Reducing Debt: AWX's debt to equity ratio has increased from 0% to 0.9% over the past 5 years.

Debt Coverage: AWX's debt is well covered by operating cash flow (4619.2%).

Interest Coverage: AWX earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

2.24%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 19 2021Ex Dividend DateMay 14 2021Dividend Pay DateMay 31 202117 days from Ex DividendBuy in the next 24 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: AWX's dividend (2.24%) is higher than the bottom 25% of dividend payers in the SG market (1.85%).

High Dividend: AWX's dividend (2.24%) is low compared to the top 25% of dividend payers in the SG market (4.61%).


Stability and Growth of Payments

Stable Dividend: AWX has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: AWX's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.4%), AWX's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AWX's dividends in 3 years are forecast to be well covered by earnings (25.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Chandran Nair (51 yo)

0.75

Tenure

Mr. Chandran Nair has been Group President of AEM Holdings Ltd. since January 1, 2020 and has been its Group Chief Executive Officer since July 1, 2020. Mr. Nair served as President of the Robotics and Aut...


Leadership Team

Experienced Management: AWX's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: AWX's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 3.3%.


Top Shareholders

Company Information

AEM Holdings Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AEM Holdings Ltd
  • Ticker: AWX
  • Exchange: SGX
  • Founded: NaN
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: S$1.130b
  • Shares outstanding: 280.35m
  • Website: https://www.aem.com.sg

Number of Employees


Location

  • AEM Holdings Ltd
  • 52 Serangoon North Avenue 4
  • Singapore
  • 555853
  • Singapore

Listings


Biography

AEM Holdings Ltd provides intelligent system testing and handling solutions for semiconductor and electronics companies Asia, North America, Europe, the Middle East, and Central America. It operates throug...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 11:04
End of Day Share Price2021/04/19 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.