CDW Holding Limited, an investment holding company, produces and supplies precision components in Mainland China, Hong Kong, Japan, and internationally. More Details
Excellent balance sheet and slightly overvalued.
Share Price & News
How has CDW Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BXE is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BXE's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BXE matched the SG Semiconductor industry which returned 92.2% over the past year.
Return vs Market: BXE exceeded the SG Market which returned 23.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CDW Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StLooking For Steady Income For Your Dividend Portfolio? Is CDW Holding Limited (SGX:BXE) A Good Fit?
1 month ago | Simply Wall StDoes CDW Holding (SGX:BXE) Have A Healthy Balance Sheet?
3 months ago | Simply Wall StHow Well Is CDW Holding (SGX:BXE) Allocating Its Capital?
Is CDW Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BXE (SGD0.25) is trading below our estimate of fair value (SGD0.52)
Significantly Below Fair Value: BXE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BXE is poor value based on its PE Ratio (28.1x) compared to the SG Semiconductor industry average (20.4x).
PE vs Market: BXE is poor value based on its PE Ratio (28.1x) compared to the SG market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BXE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BXE's PB Ratio (0.8x) is in line with the SG Semiconductor industry average.
How is CDW Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 CDW Holding 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.
How has CDW Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BXE has high quality earnings.
Growing Profit Margin: BXE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BXE's earnings have declined by 59.8% per year over the past 5 years.
Accelerating Growth: BXE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BXE 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: BXE's Return on Equity (2.9%) is considered low.
How is CDW Holding's financial position?
Financial Position Analysis
Short Term Liabilities: BXE's short term assets ($88.3M) exceed its short term liabilities ($44.5M).
Long Term Liabilities: BXE's short term assets ($88.3M) exceed its long term liabilities ($6.3M).
Debt to Equity History and Analysis
Debt Level: BXE's debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: BXE's debt to equity ratio has increased from 7.5% to 25.7% over the past 5 years.
Debt Coverage: BXE's debt is well covered by operating cash flow (34.1%).
Interest Coverage: BXE's interest payments on its debt are well covered by EBIT (18.9x coverage).
What is CDW Holding current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BXE's dividend (5.9%) is higher than the bottom 25% of dividend payers in the SG market (1.85%).
High Dividend: BXE's dividend (5.9%) is in the top 25% of dividend payers in the SG market (4.56%)
Stability and Growth of Payments
Stable Dividend: BXE's dividend payments have been volatile in the past 10 years.
Growing Dividend: BXE's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (165.8%), BXE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Makoto Yoshikawa (46 yo)
Mr. Makoto Yoshikawa has been Chairman of CDW Holding Ltd since June 1, 2018 and its Chief Executive Officer since April 30, 2018. Mr. Yoshikawa served as Chief Operating Officer of CDW Holding Limited fro...
CEO Compensation Analysis
Compensation vs Market: Makoto's total compensation ($USD335.99K) is about average for companies of similar size in the SG market ($USD377.75K).
Compensation vs Earnings: Makoto's compensation has been consistent with company performance over the past year.
Experienced Management: BXE's management team is considered experienced (3 years average tenure).
Experienced Board: BXE's board of directors are considered experienced (6.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CDW Holding Limited's company bio, employee growth, exchange listings and data sources
- Name: CDW Holding Limited
- Ticker: BXE
- Exchange: SGX
- Founded: 1991
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: S$55.497m
- Shares outstanding: 221.99m
- Website: https://www.cdw-holding.com.hk
Number of Employees
- CDW Holding Limited
- CCT Telecom Building
- Room 6-10, 11th Floor
- Sha Tin
- New Territories
- Hong Kong
CDW Holding Limited, an investment holding company, produces and supplies precision components in Mainland China, Hong Kong, Japan, and internationally. The company operates through four segments: LCD Back...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/13 11:08|
|End of Day Share Price||2021/04/13 00:00|
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.