Ellipsiz
Market Cap
S$60.0m
Last Updated
2021/04/17 11:06 UTC
Data Sources
Company Financials
Executive Summary
Ellipsiz Ltd, an investment holding company, distributes various manufacturing, testing, and inspection/measurement equipment to the semiconductor, electronics manufacturing, and telecommunication industries. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has Ellipsiz's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BIX is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BIX's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-2.7%
BIX
-1.3%
SG Semiconductor
0.4%
SG Market
1 Year Return
22.0%
BIX
79.8%
SG Semiconductor
22.1%
SG Market
Return vs Industry: BIX underperformed the SG Semiconductor industry which returned 79.8% over the past year.
Return vs Market: BIX matched the SG Market which returned 22.1% over the past year.
Shareholder returns
| BIX | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.7% | -1.3% | 0.4% |
| 30 Day | 5.9% | 5.4% | 3.7% |
| 90 Day | 7.5% | 4.3% | 6.3% |
| 1 Year | 25.7%22.0% | 86.4%79.8% | 27.7%22.1% |
| 3 Year | -31.3%-41.0% | 69.1%46.0% | -0.2%-12.0% |
| 5 Year | 56.8%-1.4% | 424.8%267.3% | 20.9%-0.2% |
Long-Term Price Volatility Vs. Market
How volatile is Ellipsiz's share price compared to the market and industry in the last 5 years?
Simply Wall St News
10 months ago | Simply Wall St
Do Directors Own Ellipsiz Ltd (SGX:BIX) Shares?11 months ago | Simply Wall St
Introducing Ellipsiz (SGX:BIX), The Stock That Slid 51% In The Last Three Years1 year ago | Simply Wall St
Do Insiders Own Shares In Ellipsiz Ltd (SGX:BIX)?Valuation
Is Ellipsiz undervalued compared to its fair value and its price relative to the market?
41.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BIX (SGD0.36) is trading below our estimate of fair value (SGD0.62)
Significantly Below Fair Value: BIX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BIX is good value based on its PE Ratio (4x) compared to the SG Semiconductor industry average (20.1x).
PE vs Market: BIX is good value based on its PE Ratio (4x) compared to the SG market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BIX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BIX is good value based on its PB Ratio (0.5x) compared to the SG Semiconductor industry average (0.8x).
Future Growth
How is Ellipsiz 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 Ellipsiz 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 Ellipsiz performed over the past 5 years?
-27.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BIX has a high level of non-cash earnings.
Growing Profit Margin: BIX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BIX's earnings have declined by 27.8% per year over the past 5 years.
Accelerating Growth: BIX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BIX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (8.6%).
Return on Equity
High ROE: BIX's Return on Equity (14.6%) is considered low.
Financial Health
How is Ellipsiz's financial position?
Financial Position Analysis
Short Term Liabilities: BIX's short term assets (SGD93.5M) exceed its short term liabilities (SGD16.8M).
Long Term Liabilities: BIX's short term assets (SGD93.5M) exceed its long term liabilities (SGD1.1M).
Debt to Equity History and Analysis
Debt Level: BIX's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: BIX's debt to equity ratio has reduced from 4.5% to 0.2% over the past 5 years.
Debt Coverage: BIX's debt is well covered by operating cash flow (1585.4%).
Interest Coverage: BIX earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Ellipsiz current dividend yield, its reliability and sustainability?
2.78%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BIX's dividend (2.78%) is higher than the bottom 25% of dividend payers in the SG market (1.87%).
High Dividend: BIX's dividend (2.78%) is low compared to the top 25% of dividend payers in the SG market (4.62%).
Stability and Growth of Payments
Stable Dividend: BIX's dividend payments have been volatile in the past 10 years.
Growing Dividend: BIX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.1%), BIX's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Kelvin Lum (46 yo)
2.67yrs
Tenure
S$870,000
Compensation
Mr. Wen-Sum Lum, also known as Kelvin, has been an Executive Director and Chief Executive Officer of Ellipsiz Ltd since March 1, 2016 and August 8, 2018 respectively. Mr. Lum served as the Managing Directo...
CEO Compensation Analysis
Compensation vs Market: Kelvin's total compensation ($USD651.70K) is above average for companies of similar size in the SG market ($USD381.71K).
Compensation vs Earnings: Insufficient data to compare Kelvin's compensation with company performance.
Leadership Team
Experienced Management: BIX's management team is considered experienced (2.6 years average tenure).
Board Members
Experienced Board: BIX's board of directors are considered experienced (5.3 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ellipsiz Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ellipsiz Ltd
- Ticker: BIX
- Exchange: SGX
- Founded: 1992
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: S$60.046m
- Shares outstanding: 166.67m
- Website: https://www.ellipsiz.com
Number of Employees
Location
- Ellipsiz Ltd
- No. 05-02, 54 Serangoon North Avenue
- Singapore
- 555854
- Singapore
Listings
Biography
Ellipsiz Ltd, an investment holding company, distributes various manufacturing, testing, and inspection/measurement equipment to the semiconductor, electronics manufacturing, and telecommunication industri...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 11:06 |
| End of Day Share Price | 2021/04/14 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.