SGX:5AB

Stock Analysis Report

Trek 2000 International

Executive Summary

Trek 2000 International Ltd, an investment holding company, engages in the research, design, development, and dealing of computer hardware, software, electronic components, and other related products.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Share Price & News

How has Trek 2000 International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5AB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

5AB

-1.0%

SG Tech

-0.7%

SG Market


1 Year Return

-40.2%

5AB

10.3%

SG Tech

4.7%

SG Market

Return vs Industry: 5AB underperformed the SG Tech industry which returned 10.3% over the past year.

Return vs Market: 5AB underperformed the SG Market which returned 4.7% over the past year.


Shareholder returns

5ABIndustryMarket
7 Day0%-1.0%-0.7%
30 Day-4.1%3.5%2.9%
90 Day-15.7%14.7%2.6%
1 Year-40.2%-40.2%13.7%10.3%8.9%4.7%
3 Yearn/a43.4%31.0%20.8%8.0%
5 Year-80.6%-82.1%64.0%41.6%11.6%-7.0%

Price Volatility Vs. Market

How volatile is Trek 2000 International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Trek 2000 International undervalued compared to its fair value and its price relative to the market?

0.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 5AB (SGD0.07) is trading above our estimate of fair value (SGD0)

Significantly Below Fair Value: 5AB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 5AB is unprofitable, so we can't compare its PE Ratio to the Tech industry average.

PE vs Market: 5AB is unprofitable, so we can't compare its PE Ratio to the SG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5AB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5AB is good value based on its PB Ratio (0.5x) compared to the XA Tech industry average (1.3x).


Next Steps

Future Growth

How is Trek 2000 International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5AB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 5AB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 5AB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 5AB's revenue is forecast to grow faster than the SG market.

High Growth Revenue: Insufficient data to determine if 5AB's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 5AB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Trek 2000 International performed over the past 5 years?

-4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5AB has a high level of non-cash earnings.

Growing Profit Margin: 5AB's current net profit margins (-11.9%) are lower than last year (-4.2%).


Past Earnings Growth Analysis

Earnings Trend: 5AB is unprofitable, and losses have increased over the past 5 years at a rate of -4% per year.

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

Earnings vs Industry: 5AB is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (2.6%).


Return on Equity

High ROE: 5AB has a negative Return on Equity (-4.83%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Trek 2000 International's financial position?


Financial Position Analysis

Short Term Liabilities: 5AB's short term assets ($36.4M) exceeds its short term liabilities ($7.1M)

Long Term Liabilities: 5AB's short term assets (36.4M) exceeds its long term liabilities (25.0K)


Debt to Equity History and Analysis

Debt Level: 5AB is debt free.

Reducing Debt: 5AB has no debt compared to 5 years ago when its debt to equity ratio was 6.6%.

Debt Coverage: 5AB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 5AB has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 5AB has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 5AB's debt is covered by short term assets.


Next Steps

Dividend

What is Trek 2000 International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.6%markettop25%5.6%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 5AB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 5AB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 5AB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5AB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 5AB is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 5AB's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

What is the CEO of Trek 2000 International's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

Trek 2000 International has no CEO, or we have no data on them.


Management Age and Tenure

1.5yrs

Average Tenure

Experienced Management: 5AB's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Age and Tenure

1.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 5AB's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: 5AB insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$5,17730 Aug 19
Swee Heng Kwek
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares63,900
Max PriceUS$0.081
BuyUS$1,90115 Aug 19
Swee Heng Kwek
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares22,900
Max PriceUS$0.083
BuyUS$4313 Aug 19
Swee Heng Kwek
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares200
Max PriceUS$0.21
BuyUS$1,58326 Mar 19
Henn Tan
EntityIndividual
Role
Chairman Emeritus
Consultant & Chairman Emeritus
Shares15,500
Max PriceUS$0.10
BuyUS$99322 Mar 19
Henn Tan
EntityIndividual
Role
Chairman Emeritus
Consultant & Chairman Emeritus
Shares10,000
Max PriceUS$0.099
BuyUS$4,97415 Mar 19
Henn Tan
EntityIndividual
Role
Chairman Emeritus
Consultant & Chairman Emeritus
Shares50,000
Max PriceUS$0.099
BuyUS$3,47211 Dec 18
Henn Tan
EntityIndividual
Role
Chairman Emeritus
Consultant & Chairman Emeritus
Shares30,600
Max PriceUS$0.11
BuyUS$57811 Dec 18
Henn Tan
EntityIndividual
Role
Chairman Emeritus
Consultant & Chairman Emeritus
Shares5,000
Max PriceUS$0.12
BuyUS$2,66407 Dec 18
Henn Tan
EntityIndividual
Role
Chairman Emeritus
Consultant & Chairman Emeritus
Shares30,000
Max PriceUS$0.089
BuyUS$8,91706 Dec 18
Henn Tan
EntityIndividual
Role
Chairman Emeritus
Consultant & Chairman Emeritus
Shares100,000
Max PriceUS$0.089

Ownership Breakdown

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


Management Team

  • Mun Kwong Kuan

    Executive Director

    • Tenure: 1.6yrs
  • Henry Tan (62yo)

    Consultant & Chairman Emeritus

    • Tenure: 1.5yrs
  • Koon Keet Chan

    Head of Research & Development and Firmware - Kuala Lumpur & Malaysia

    • Tenure: 18.8yrs
  • Paul Shew

    Head of R&D - Software

    • Tenure: 0yrs
  • Nick Tan

    Head of Interactive Consumer Solutions Division - Singapore and Country Manager of Thailand

    • Tenure: 14.8yrs
  • Johnny Yeo (56yo)

    Director of Finance

    • Tenure: 1.4yrs
  • Wayne Tan

    Group President & Executive Director

    • Tenure: 1.5yrs
  • Seetharaman Rajesh

    Head of Intellectual Property

    • Tenure: 0yrs
  • Wilfred Wee

    Deputy President Operations

    • Tenure: 0yrs
  • Amol Sangewar

    Head of Overseas Sales & Marketing

    • Tenure: 0yrs

Board Members

  • Mun Kwong Kuan

    Executive Director

    • Tenure: 1.6yrs
  • Yee Meng Chay (62yo)

    Independent Non-Executive Director

    • Tenure: 3.7yrs
  • Henry Tan (62yo)

    Consultant & Chairman Emeritus

    • Tenure: 1.5yrs
  • Peng Soon Khor (69yo)

    Non-Independent Non-Executive Chairman

    • Tenure: 1.5yrs
  • Chia Ta Lee

    COO & Executive Director of Racer Technology Pte Ltd

    • Tenure: 0yrs
  • Swee Heng Kwek

    Independent Non-Executive Director

    • Tenure: 1.5yrs
  • Wayne Tan

    Group President & Executive Director

    • Tenure: 1.5yrs

Company Information

Trek 2000 International Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trek 2000 International Ltd
  • Ticker: 5AB
  • Exchange: SGX
  • Founded: 1999
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: S$22.362m
  • Shares outstanding: 319.45m
  • Website: https://www.trek2000.com.sg

Location

  • Trek 2000 International Ltd
  • No. 07-13/14/15, Loyang Industrial Estate
  • 30, Loyang Way
  • Singapore
  • 508769
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5ABSGX (Singapore Exchange)YesOrdinary SharesSGSGDMay 2000
TZ2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2000

Biography

Trek 2000 International Ltd, an investment holding company, engages in the research, design, development, and dealing of computer hardware, software, electronic components, and other related products. The  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/13 12:37
End of Day Share Price2019/11/11 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.