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TVV

OxPay Financial Catalist:TVV Stock Report

Last Price

S$0.16

Market Cap

S$43.5m

7D

0.6%

1Y

-67.4%

Updated

03 Jul, 2022

Data

Company Financials +
TVV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TVV Stock Overview

OxPay Financial Limited provides merchant payment and digital commerce enabling solutions in Singapore, Malaysia, Indonesia, and Thailand.

OxPay Financial Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OxPay Financial
Historical stock prices
Current Share PriceS$0.16
52 Week HighS$0.50
52 Week LowS$0.14
Beta0
1 Month Change-4.24%
3 Month Change-9.20%
1 Year Change-67.42%
3 Year Changen/a
5 Year Changen/a
Change since IPO1,655.56%

Recent News & Updates

Shareholder Returns

TVVSG ITSG Market
7D0.6%0.09%-0.5%
1Y-67.4%-4.5%-4.1%

Return vs Industry: TVV underperformed the SG IT industry which returned -4.5% over the past year.

Return vs Market: TVV underperformed the SG Market which returned -4.1% over the past year.

Price Volatility

Is TVV's price volatile compared to industry and market?
TVV volatility
TVV Average Weekly Movement6.4%
IT Industry Average Movement6.3%
Market Average Movement4.9%
10% most volatile stocks in SG Market11.3%
10% least volatile stocks in SG Market2.3%

Stable Share Price: TVV is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: TVV's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aChee Keong Tanhttps://oxpayfinancial.com

OxPay Financial Limited provides merchant payment and digital commerce enabling solutions in Singapore, Malaysia, Indonesia, and Thailand. The company offers online-to-offline financial service through its integrated platform with a focus on servicing merchants in the retail, transportation, and food and beverage industries. Its products include payment solutions, such as card acceptance and alternative payment; cross border and local payout solutions; and online and offline solutions.

OxPay Financial Fundamentals Summary

How do OxPay Financial's earnings and revenue compare to its market cap?
TVV fundamental statistics
Market CapS$43.53m
Earnings (TTM)-S$27.06m
Revenue (TTM)S$17.54m

2.5x

P/S Ratio

-1.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TVV income statement (TTM)
RevenueS$17.54m
Cost of RevenueS$7.29m
Gross ProfitS$10.26m
Other ExpensesS$37.32m
Earnings-S$27.06m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.098
Gross Margin58.47%
Net Profit Margin-154.24%
Debt/Equity Ratio10.3%

How did TVV perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is TVV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TVV?

Other financial metrics that can be useful for relative valuation.

TVV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA5.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does TVV's PS Ratio compare to its peers?

TVV PS Ratio vs Peers
The above table shows the PS ratio for TVV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average4.9x
RCU Revez
2.3xn/aS$17.6m
YYN Plato Capital
11.3xn/aS$12.0m
BBW Azeus Systems Holdings
5.6xn/aS$219.0m
544 CSE Global
0.5x3.5%S$238.3m
TVV OxPay Financial
2.5x20.3%S$43.5m

Price-To-Sales vs Peers: TVV is good value based on its Price-To-Sales Ratio (2.5x) compared to the peer average (4.9x).


Price to Earnings Ratio vs Industry

How does TVV's PE Ratio compare vs other companies in the Asian IT Industry?

Price-To-Sales vs Industry: TVV is expensive based on its Price-To-Sales Ratio (2.5x) compared to the SG IT industry average (2.5x)


Price to Sales Ratio vs Fair Ratio

What is TVV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TVV PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.5x
Fair PS Ratio1.6x

Price-To-Sales vs Fair Ratio: TVV is expensive based on its Price-To-Sales Ratio (2.5x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).


Share Price vs Fair Value

What is the Fair Price of TVV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TVV (SGD0.16) is trading below our estimate of fair value (SGD2.11)

Significantly Below Fair Value: TVV is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

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


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Future Growth

How is OxPay Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


94.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TVV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).

Earnings vs Market: TVV is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TVV is expected to become profitable in the next 3 years.

Revenue vs Market: TVV's revenue (20.3% per year) is forecast to grow faster than the SG market (7.8% per year).

High Growth Revenue: TVV's revenue (20.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TVV's Return on Equity is forecast to be high in 3 years time (27.9%)


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Past Performance

How has OxPay Financial performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-39.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TVV is currently unprofitable.

Growing Profit Margin: TVV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TVV is unprofitable, and losses have increased over the past 5 years at a rate of 39.7% per year.

Accelerating Growth: Unable to compare TVV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TVV is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (20%).


Return on Equity

High ROE: TVV has a negative Return on Equity (-503.51%), as it is currently unprofitable.


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Financial Health

How is OxPay Financial's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TVV's short term assets (SGD30.0M) exceed its short term liabilities (SGD25.0M).

Long Term Liabilities: TVV's short term assets (SGD30.0M) exceed its long term liabilities (SGD24.0K).


Debt to Equity History and Analysis

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

Reducing Debt: TVV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable TVV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TVV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 320.2% per year.


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Dividend

What is OxPay Financial current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TVV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TVV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TVV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TVV's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TVV has not reported any payouts.


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Management

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

1.0yrs

Average management tenure


CEO

Chee Keong Tan

1

Tenure

Mr. Chee Keong Tan serves as Director at OxPay Financial Limited since March 2022. He had been Non-Executive Independent Director of OxPay Financial Limited (formerly known as MC Payment Limited) since Jun...


Leadership Team

Experienced Management: TVV's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: TVV's board of directors are not considered experienced ( 1.1 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

OxPay Financial Limited's employee growth, exchange listings and data sources


Key Information

  • Name: OxPay Financial Limited
  • Ticker: TVV
  • Exchange: Catalist
  • Founded: 2005
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Implied Market Cap: S$43.529m
  • Shares outstanding: 275.50m
  • Website: https://oxpayfinancial.com

Location

  • OxPay Financial Limited
  • 10 Ubi Crescent
  • No. 03-48 Lobby C, Ubi Techpark
  • Singapore
  • 408564
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.