company background image
S71

SunrightSGX:S71 Stock Report

Last Price

S$0.43

Market Cap

S$52.8m

7D

-5.5%

1Y

-14.0%

Updated

23 Jan, 2022

Data

Company Financials
S71 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

S71 Stock Overview

Sunright Limited, an investment holding company, provides burn-in, testing, and electronic manufacturing services to semiconductor and electronics manufacturing industries in Singapore, Malaysia, China, Taiwan, the Philippines, Thailand, Vietnam, the United States, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Sunright
Historical stock prices
Current Share PriceS$0.43
52 Week HighS$0.52
52 Week LowS$0.40
Beta1.3
1 Month Change1.18%
3 Month Change1.18%
1 Year Change-14.00%
3 Year Change2.38%
5 Year Change36.51%
Change since IPO-27.73%

Recent News & Updates

Sep 08
Calculating The Fair Value Of Sunright Limited (SGX:S71)

Calculating The Fair Value Of Sunright Limited (SGX:S71)

In this article we are going to estimate the intrinsic value of Sunright Limited ( SGX:S71 ) by taking the expected...

May 12
Calculating The Fair Value Of Sunright Limited (SGX:S71)

Calculating The Fair Value Of Sunright Limited (SGX:S71)

In this article we are going to estimate the intrinsic value of Sunright Limited ( SGX:S71 ) by taking the expected...

Mar 13
Is Sunright (SGX:S71) Weighed On By Its Debt Load?

Is Sunright (SGX:S71) Weighed On By Its Debt Load?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

S71SG SemiconductorSG Market
7D-5.5%-4.4%0.2%
1Y-14.0%9.1%4.4%

Return vs Industry: S71 underperformed the SG Semiconductor industry which returned 9.1% over the past year.

Return vs Market: S71 underperformed the SG Market which returned 4.4% over the past year.

Price Volatility

Is S71's price volatile compared to industry and market?
S71 volatility
S71 Average Weekly Movement6.5%
Semiconductor Industry Average Movement5.0%
Market Average Movement4.5%
10% most volatile stocks in SG Market12.1%
10% least volatile stocks in SG Market2.1%

Stable Share Price: S71 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: S71's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978861Samuel Limhttps://www.sunright.com

Sunright Limited, an investment holding company, provides burn-in, testing, and electronic manufacturing services to semiconductor and electronics manufacturing industries in Singapore, Malaysia, China, Taiwan, the Philippines, Thailand, Vietnam, the United States, and internationally. The company offers burn-in services for a range of integrated circuits, such as memories, micro-controllers, microprocessors, digital signal processors, etc., as well as turnkey services, including wafer sort, test, burn-in, mark, scan, and drop ship. It also provides testing services; manufactures parallel test/burn-in boards, test interface board assemblies, and probe cards; and designs, develops, and delivers hardware and software products for burn-in parallel tests comprising parallel test burn-in systems, and handling and storage products.

Sunright Fundamentals Summary

How do Sunright's earnings and revenue compare to its market cap?
S71 fundamental statistics
Market CapS$52.81m
Earnings (TTM)S$1.31m
Revenue (TTM)S$112.91m

40.2x

P/E Ratio

0.5x

P/S Ratio


Dividends

0.7%

Current Dividend Yield

28%

Payout Ratio

Valuation

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

40.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: S71 (SGD0.43) is trading above our estimate of fair value (SGD0.28)

Significantly Below Fair Value: S71 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: S71 is poor value based on its PE Ratio (40.2x) compared to the SG Semiconductor industry average (18.1x).

PE vs Market: S71 is poor value based on its PE Ratio (40.2x) compared to the SG market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate S71's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: S71 is good value based on its PB Ratio (0.6x) compared to the SG Semiconductor industry average (1x).


Future Growth

How is Sunright 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 Sunright 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 Sunright performed over the past 5 years?

-28.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: S71 has high quality earnings.

Growing Profit Margin: S71's current net profit margins (1.2%) are lower than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: S71's earnings have declined by 28.1% per year over the past 5 years.

Accelerating Growth: S71's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: S71 had negative earnings growth (-22%) over the past year, making it difficult to compare to the Semiconductor industry average (-22%).


Return on Equity

High ROE: S71's Return on Equity (1.7%) is considered low.


Financial Health

How is Sunright's financial position?


Financial Position Analysis

Short Term Liabilities: S71's short term assets (SGD128.8M) exceed its short term liabilities (SGD22.0M).

Long Term Liabilities: S71's short term assets (SGD128.8M) exceed its long term liabilities (SGD7.3M).


Debt to Equity History and Analysis

Debt Level: S71 has more cash than its total debt.

Reducing Debt: S71's debt to equity ratio has reduced from 13% to 3.9% over the past 5 years.

Debt Coverage: S71's debt is well covered by operating cash flow (241.4%).

Interest Coverage: Insufficient data to determine if S71's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Sunright current dividend yield, its reliability and sustainability?

0.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: S71's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.03%).

High Dividend: S71's dividend (0.7%) is low compared to the top 25% of dividend payers in the SG market (5.44%).


Stability and Growth of Payments

Stable Dividend: S71 is not paying a notable dividend for the SG market, therefore no need to check if payments are stable.

Growing Dividend: S71 is not paying a notable dividend for the SG market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: S71 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of S71'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?

28.0yrs

Average board tenure


CEO

Samuel Lim (67 yo)

43.83yrs

Tenure

Mr. Syn Soo Lim, also known as Samuel has been Executive Chairman and Chief Executive Officer of Sunright Limited since March 9, 1978. Mr. Lim serves as the Chief Executive Officer of KESM Industries Bhd....


Board Members

Experienced Board: S71's board of directors are seasoned and experienced ( 28 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

Sunright Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sunright Limited
  • Ticker: S71
  • Exchange: SGX
  • Founded: 1978
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Implied Market Cap: S$52.807m
  • Shares outstanding: 122.81m
  • Website: https://www.sunright.com

Number of Employees


Location

  • Sunright Limited
  • Block 1093
  • No. 02-01/08, Lower Delta Road
  • Singapore
  • 169204
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 11:02
End of Day Share Price2022/01/21 00:00
Earnings2021/07/31
Annual Earnings2021/07/31


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.