CSE Global Limited, an investment holding company, provides integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa.
Good value with mediocre balance sheet.
Share Price & News
How has CSE Global's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 544's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 544 underperformed the SG IT industry which returned 3.2% over the past year.
Return vs Market: 544 exceeded the SG Market which returned -15.5% over the past year.
Price Volatility Vs. Market
How volatile is CSE Global's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StIs It Too Late To Consider Buying CSE Global Limited (SGX:544)?
1 week ago | Simply Wall StWith 11% Earnings Growth, Did CSE Global Limited (SGX:544) Outperform The Industry?
2 weeks ago | Simply Wall StAn Intrinsic Calculation For CSE Global Limited (SGX:544) Suggests It's 50% Undervalued
Is CSE Global 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: 544 (SGD0.49) is trading below our estimate of fair value (SGD1.02)
Significantly Below Fair Value: 544 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 544 is good value based on its PE Ratio (10.1x) compared to the IT industry average (20.2x).
PE vs Market: 544 is good value based on its PE Ratio (10.1x) compared to the SG market (11.8x).
Price to Earnings Growth Ratio
PEG Ratio: 544 is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: 544 is overvalued based on its PB Ratio (1.4x) compared to the SG IT industry average (0.6x).
How is CSE Global forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 544's forecast earnings growth (6.1% per year) is above the savings rate (2.2%).
Earnings vs Market: 544's earnings (6.1% per year) are forecast to grow slower than the SG market (7.3% per year).
High Growth Earnings: 544's earnings are forecast to grow, but not significantly.
Revenue vs Market: 544's revenue (6% per year) is forecast to grow faster than the SG market (3.8% per year).
High Growth Revenue: 544's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 544's Return on Equity is forecast to be low in 3 years time (13.8%).
How has CSE Global performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 544 has high quality earnings.
Growing Profit Margin: 544's current net profit margins (5.4%) are lower than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: 544's earnings have declined by -26.3% per year over the past 5 years.
Accelerating Growth: 544's earnings growth over the past year (10.9%) exceeds its 5-year average (-26.3% per year).
Earnings vs Industry: 544 earnings growth over the past year (10.9%) underperformed the IT industry 11.1%.
Return on Equity
High ROE: 544's Return on Equity (13.6%) is considered low.
How is CSE Global's financial position?
Financial Position Analysis
Short Term Liabilities: 544's short term assets (SGD261.4M) exceed its short term liabilities (SGD176.3M).
Long Term Liabilities: 544's short term assets (SGD261.4M) exceed its long term liabilities (SGD43.8M).
Debt to Equity History and Analysis
Debt Level: 544's debt to equity ratio (58.5%) is considered high.
Reducing Debt: 544's debt to equity ratio has increased from 20% to 58.5% over the past 5 years.
Debt Coverage: 544's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 544's interest payments on its debt are well covered by EBIT (16.7x coverage).
What is CSE Global's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 544's dividend (5.67%) is higher than the bottom 25% of dividend payers in the SG market (2.68%).
High Dividend: 544's dividend (5.67%) is low compared to the top 25% of dividend payers in the SG market (6.06%).
Stability and Growth of Payments
Stable Dividend: 544's dividend payments have been volatile in the past 10 years.
Growing Dividend: 544's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.5%), 544's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 544's dividends in 3 years are forecast to be covered by earnings (52.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Boon Lim (52yo)
Mr. Boon Kheng Lim has been the Group Managing Director and Chief Executive Officer of CSE Global Limited since November 28, 2013. Mr. Lim serves as a Managing Director at CSE Global (Asia) Limited. He ser ...
CEO Compensation Analysis
Compensation vs Market: Boon's total compensation ($USD1.64M) is above average for companies of similar size in the SG market ($USD952.95K).
Compensation vs Earnings: Boon's compensation has been consistent with company performance over the past year.
|CEO, Group MD & Executive Director||6.58yrs||S$2.28m||1.85% SGD4.6m|
|Group Chief Financial Officer||6.17yrs||no data||no data|
|Chief Operating Officer||no data||no data||no data|
|Chief Operating Officer||1.83yrs||no data||no data|
|Chief Executive Officer of CSE Global's Australian & New Zealand Operations||9.33yrs||no data||no data|
|President & COO of CSE W-Industries of Louisiana and CEO of CSE Americas Inc||5.58yrs||no data||no data|
|Company Secretary||0.83yr||no data||no data|
Experienced Management: 544's management team is considered experienced (4.1 years average tenure).
|CEO, Group MD & Executive Director||6.58yrs||S$2.28m||1.85% SGD4.6m|
|Independent Chairman||23.42yrs||S$86.00k||0.64% SGD1.6m|
|Independent Non-Executive Director||18.08yrs||S$56.00k||no data|
|Independent Non-Executive Director||5.58yrs||S$54.00k||no data|
|Independent Director||3.33yrs||S$63.00k||no data|
|Independent Non-Executive Director||1.33yrs||S$72.00k||0.0098% SGD24.2k|
|Non-Independent Deputy Chairman of the Board||2.08yrs||S$50.00k||no data|
|Non-Executive Non-Independent Director||2.08yrs||S$58.00k||no data|
Experienced Board: 544's board of directors are considered experienced (4.5 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CSE Global Limited's company bio, employee growth, exchange listings and data sources
- Name: CSE Global Limited
- Ticker: 544
- Exchange: SGX
- Founded: 1985
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: S$247.906m
- Shares outstanding: 511.15m
- Website: https://www.cse-global.com
Number of Employees
- CSE Global Limited
- Building C
- No. 01-21, 202 Bedok South Avenue 1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|544||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Mar 1999|
|XCC||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 1999|
|CSYJ.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Mar 1999|
|CSYJ.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Feb 2011|
CSE Global Limited, an investment holding company, provides integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa. The company offers automation solutions, including process control, safety shutdown, fire and gas detection, supervisory control and data acquisition (SCADA), wellhead and subsea control, process skid, electrical drive and high/medium voltage, electrical protection and control, real-time information, and intelligent transport systems, as well as I&E construction and safe secure solutions. It also provides environmental solutions comprising multiple hearth furnaces, fluid bed incinerators, carbon and energy recovery systems, and rotary kiln incinerators. In addition, the company offers telecommunication solutions, including construction communications, fiber optic, microwave radio, conventional and trunked radio, and public address and general alarm systems; VSAT satellite communications, telephone, local and wide area, Internet protocol based, and SCADA and telemetry networks; and CCTV, access control, and FIDS systems. Further, it provides e-business integration, research and development, and computer system integration services; computer network systems; computer systems; automation hardware products; infrastructure engineering services; data telecommunications and marine survey certification services; plant and environmental engineering services; and contracting resources and permanent placement services. Additionally, the company distributes electrical engineering equipment; designs and installs high temperature thermal process and incineration systems; designs and develops water treatment and disposal technology; and leases office and warehouse space. It serves oil and gas, petrochemical, utilities, public infrastructure, environmental, and healthcare industries. CSE Global Limited was founded in 1985 and is headquartered in Singapore.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 08:07|
|End of Day Share Price||2020/06/04 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.