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Market Cap

S$284.4m

Last Updated

2021/05/06 11:04 UTC

Data Sources

Company Financials +

Executive Summary

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. More Details


Snowflake Analysis

Solid track record, good value and pays a dividend.


Similar Companies

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 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 544's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-5.3%

544

-3.4%

SG IT

-2.0%

SG Market


1 Year Return

30.5%

544

26.3%

SG IT

20.5%

SG Market

Return vs Industry: 544 matched the SG IT industry which returned 29.9% over the past year.

Return vs Market: 544 exceeded the SG Market which returned 20% over the past year.


Shareholder returns

544IndustryMarket
7 Day-5.3%-3.4%-2.0%
30 Day-0.9%-2.6%-1.4%
90 Day10.3%8.9%7.2%
1 Year41.8%30.5%33.8%26.3%26.2%20.5%
3 Year42.3%20.2%55.5%36.2%-3.1%-14.6%
5 Year59.8%18.9%43.1%14.8%24.3%1.9%

Long-Term 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

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 544 (SGD0.54) is trading below our estimate of fair value (SGD1.15)

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 (9.8x) compared to the XA IT industry average (26.9x).

PE vs Market: 544 is good value based on its PE Ratio (9.8x) compared to the SG market (15.6x).


Price to Earnings Growth Ratio

PEG Ratio: 544 is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: 544's PB Ratio (1.4x) is in line with the SG IT industry average.


Future Growth

How is CSE Global forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

3.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 544's forecast earnings growth (3.3% per year) is above the savings rate (1.9%).

Earnings vs Market: 544's earnings (3.3% per year) are forecast to grow slower than the SG market (24.8% per year).

High Growth Earnings: 544's earnings are forecast to grow, but not significantly.

Revenue vs Market: 544's revenue (3.2% per year) is forecast to grow slower than the SG market (7.9% per year).

High Growth Revenue: 544's revenue (3.2% 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 (13.2%).


Past Performance

How has CSE Global performed over the past 5 years?

7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 544 has high quality earnings.

Growing Profit Margin: 544's current net profit margins (5.6%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: 544's earnings have grown by 7.1% per year over the past 5 years.

Accelerating Growth: 544's earnings growth over the past year (15.2%) exceeds its 5-year average (7.1% per year).

Earnings vs Industry: 544 earnings growth over the past year (15.2%) exceeded the IT industry 11.8%.


Return on Equity

High ROE: 544's Return on Equity (14.6%) is considered low.


Financial Health

How is CSE Global's financial position?


Financial Position Analysis

Short Term Liabilities: 544's short term assets (SGD254.6M) exceed its short term liabilities (SGD161.1M).

Long Term Liabilities: 544's short term assets (SGD254.6M) exceed its long term liabilities (SGD49.1M).


Debt to Equity History and Analysis

Debt Level: 544's debt to equity ratio (48.9%) is considered high.

Reducing Debt: 544's debt to equity ratio has increased from 22.3% to 48.9% over the past 5 years.

Debt Coverage: 544's debt is well covered by operating cash flow (42.8%).

Interest Coverage: 544's interest payments on its debt are well covered by EBIT (14.5x coverage).


Balance Sheet


Dividend

What is CSE Global current dividend yield, its reliability and sustainability?

5.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 544's dividend (5.14%) is higher than the bottom 25% of dividend payers in the SG market (1.87%).

High Dividend: 544's dividend (5.14%) is in the top 25% of dividend payers in the SG market (4.64%)


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 (50.1%), 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 well covered by earnings (47.9% payout ratio).


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

Boon Kheng Lim (53 yo)

7.5yrs

Tenure

S$2,284,000

Compensation

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 Kheng's total compensation ($USD1.71M) is above average for companies of similar size in the SG market ($USD741.56K).

Compensation vs Earnings: Boon Kheng's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 544's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: 544's board of directors are considered experienced (3.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CSE Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CSE Global Limited
  • Ticker: 544
  • Exchange: SGX
  • Founded: 1985
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: S$284.383m
  • Shares outstanding: 512.40m
  • Website: https://www.cse-global.com

Number of Employees


Location

  • CSE Global Limited
  • Building C
  • No. 01-21, 202 Bedok South Avenue 1
  • Singapore
  • 469332
  • Singapore

Listings


Biography

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 Midd...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 11:04
End of Day Share Price2021/05/06 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.