Avi-Tech Electronics
Market Cap
S$73.5m
Last Updated
2020/11/27 11:12 UTC
Data Sources
Company Financials +
Executive Summary
Avi-Tech Electronics Limited provides burn-in, manufacturing and printed circuit board assembly, and engineering services for the semiconductor, electronics, life sciences, aviation, and other industries. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Avi-Tech Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BKY is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BKY's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
1.2%
BKY
5.3%
SG Semiconductor
3.2%
SG Market
1 Year Return
19.4%
BKY
46.5%
SG Semiconductor
-13.7%
SG Market
Return vs Industry: BKY underperformed the SG Semiconductor industry which returned 46.5% over the past year.
Return vs Market: BKY exceeded the SG Market which returned -13.7% over the past year.
Shareholder returns
| BKY | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 5.3% | 3.2% |
| 30 Day | -1.1% | 4.0% | 11.8% |
| 90 Day | 0% | -1.5% | 9.8% |
| 1 Year | 27.2%19.4% | 52.4%46.5% | -8.9%-13.7% |
| 3 Year | 11.9%-8.5% | 67.6%37.9% | -11.0%-22.1% |
| 5 Year | 194.3%104.8% | 401.6%236.5% | 10.8%-9.7% |
Long-Term Price Volatility Vs. Market
How volatile is Avi-Tech Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Are Avi-Tech Electronics's (SGX:BKY) Statutory Earnings A Good Reflection Of Its Earnings Potential?1 month ago | Simply Wall St
Calculating The Fair Value Of Avi-Tech Electronics Limited (SGX:BKY)Valuation
Is Avi-Tech Electronics undervalued compared to its fair value and its price relative to the market?
3.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BKY (SGD0.43) is trading below our estimate of fair value (SGD0.45)
Significantly Below Fair Value: BKY is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BKY is good value based on its PE Ratio (12.3x) compared to the SG Semiconductor industry average (15.1x).
PE vs Market: BKY is good value based on its PE Ratio (12.3x) compared to the SG market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: BKY is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: BKY is overvalued based on its PB Ratio (1.4x) compared to the SG Semiconductor industry average (0.9x).
Next Steps
Future Growth
How is Avi-Tech Electronics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
6.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKY's forecast earnings growth (6.6% per year) is above the savings rate (2.2%).
Earnings vs Market: BKY's earnings (6.6% per year) are forecast to grow slower than the SG market (26.2% per year).
High Growth Earnings: BKY's earnings are forecast to grow, but not significantly.
Revenue vs Market: BKY's revenue (5.1% per year) is forecast to grow slower than the SG market (8.1% per year).
High Growth Revenue: BKY's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BKY's Return on Equity is forecast to be low in 3 years time (12.5%).
Next Steps
Past Performance
How has Avi-Tech Electronics performed over the past 5 years?
-0.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKY has high quality earnings.
Growing Profit Margin: BKY's current net profit margins (20.3%) are higher than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: BKY's earnings have declined by 0.3% per year over the past 5 years.
Accelerating Growth: BKY's earnings growth over the past year (28.3%) exceeds its 5-year average (-0.3% per year).
Earnings vs Industry: BKY earnings growth over the past year (28.3%) exceeded the Semiconductor industry 14.5%.
Return on Equity
High ROE: BKY's Return on Equity (11.7%) is considered low.
Next Steps
Financial Health
How is Avi-Tech Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: BKY's short term assets (SGD45.5M) exceed its short term liabilities (SGD5.8M).
Long Term Liabilities: BKY's short term assets (SGD45.5M) exceed its long term liabilities (SGD2.2M).
Debt to Equity History and Analysis
Debt Level: BKY is debt free.
Reducing Debt: BKY has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.
Debt Coverage: BKY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BKY has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Avi-Tech Electronics's current dividend yield, its reliability and sustainability?
5.81%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKY's dividend (5.81%) is higher than the bottom 25% of dividend payers in the SG market (2.37%).
High Dividend: BKY's dividend (5.81%) is in the top 25% of dividend payers in the SG market (5.17%)
Stability and Growth of Payments
Stable Dividend: BKY's dividend payments have been volatile in the past 10 years.
Growing Dividend: BKY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.3%), BKY's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BKY's dividends in 3 years are forecast to be covered by earnings (67.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
16.6yrs
Average board tenure
CEO
Eng Hong Lim (71 yo)
no data
Tenure
S$524,000
Compensation
Mr. Eng Hong Lim serves as the Chief Executive Officer of Avi-Tech Electronics Limited. Mr. Lim is the Founder of Avi-Tech Electronics Limited. He has vast experience in the semiconductor industry and has ...
CEO Compensation Analysis
Compensation vs Market: Eng Hong's total compensation ($USD0.00) is below average for companies of similar size in the SG market ($USD387.24K).
Compensation vs Earnings: Insufficient data to compare Eng Hong's compensation with company performance.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | S$524.00k | 43.53% SGD 32.0m | |
| COO & Executive Director | 2.25yrs | no data | 0.061% SGD 45.2k | |
| Independent Non-Executive Chairman | no data | S$100.00k | 0.053% SGD 38.7k | |
| Non-Executive & Independent Director | 19.08yrs | S$100.00k | 0.11% SGD 81.7k | |
| Non-Executive & Independent Director | 14.08yrs | S$100.00k | 0.51% SGD 374.1k |
16.6yrs
Average Tenure
71yo
Average Age
Experienced Board: BKY's board of directors are seasoned and experienced ( 16.6 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
Avi-Tech Electronics Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Avi-Tech Electronics Limited
- Ticker: BKY
- Exchange: SGX
- Founded: 1981
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: S$73.550m
- Shares outstanding: 171.05m
- Website: https://www.avi-tech.com.sg
Number of Employees
Location
- Avi-Tech Electronics Limited
- 19A Serangoon North Avenue 5
- Singapore
- 554859
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BKY | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Jul 2007 |
| 3A3N | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2007 |
Biography
Avi-Tech Electronics Limited provides burn-in, manufacturing and printed circuit board assembly, and engineering services for the semiconductor, electronics, life sciences, aviation, and other industries. ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 11:12 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/06/30 |
| 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.