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Nico Steel Holdings

SGX:5GF
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5GF
SGX
SGD20M
Market Cap
  1. Home
  2. SG
  3. Tech
Company description

Nico Steel Holdings Limited, an investment holding company, provides metal alloys and metallurgical solutions in Singapore, the People’s Republic of China, Malaysia, Thailand, and internationally. The last earnings update was 27 days ago. More info.


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  • Nico Steel Holdings has significant price volatility in the past 3 months.
5GF Share Price and Events
7 Day Returns
0%
SGX:5GF
-2.6%
SG Electronic
-1.1%
SG Market
1 Year Returns
300%
SGX:5GF
-20.8%
SG Electronic
-9.4%
SG Market
5GF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nico Steel Holdings (5GF) 0% -20% -20% 300% -75% -97.7%
SG Electronic -2.6% -15.5% -1.1% -20.8% 65.5% 35.4%
SG Market -1.1% -4.5% -3% -9.4% 9.7% -8%
1 Year Return vs Industry and Market
  • 5GF outperformed the Electronic industry which returned -20.8% over the past year.
  • 5GF outperformed the Market in Singapore which returned -9.4% over the past year.
Price Volatility
5GF
Industry
5yr Volatility vs Market

Value

 Is Nico Steel Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Nico Steel Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Nico Steel Holdings.

SGX:5GF Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year SG Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SGX:5GF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SG Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.046 (1 + (1- 17%) (21%))
1.153
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.3% + (1.153 * 5.96%)
9.17%

Discounted Cash Flow Calculation for SGX:5GF using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Nico Steel Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SGX:5GF DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.17%)
2019 1.38 Est @ 100.23% 1.26
2020 2.36 Est @ 70.85% 1.98
2021 3.54 Est @ 50.29% 2.72
2022 4.81 Est @ 35.89% 3.39
2023 6.05 Est @ 25.82% 3.90
2024 7.19 Est @ 18.76% 4.25
2025 8.18 Est @ 13.82% 4.43
2026 9.03 Est @ 10.37% 4.48
2027 9.75 Est @ 7.95% 4.43
2028 10.36 Est @ 6.25% 4.31
Present value of next 10 years cash flows $35.13
SGX:5GF DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $10.36 × (1 + 2.3%) ÷ (9.17% – 2.3%)
$154.26
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $154.26 ÷ (1 + 9.17%)10
$64.13
SGX:5GF Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $35.13 + $64.13
$99.27
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $99.27 / 4,962.17
$0.02
SGX:5GF Discount to Share Price
Calculation Result
Exchange Rate USD/SGD
(Reporting currency to currency of SGX:5GF)
1.377
Value per Share
(SGD)
= Value per Share in USD x Exchange Rate (USD/SGD)
= $0.02 x 1.377
SGD0.03
Value per share (SGD) From above. SGD0.03
Current discount Discount to share price of SGD0.00
= -1 x (SGD0.00 - SGD0.03) / SGD0.03
85.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Nico Steel Holdings is available for.
Intrinsic value
>50%
Share price is SGD0.004 vs Future cash flow value of SGD0.02755
Current Discount Checks
For Nico Steel Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Nico Steel Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Nico Steel Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nico Steel Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nico Steel Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SGX:5GF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-02-28) in USD $0.00
SGX:5GF Share Price ** SGX (2019-05-22) in SGD SGD0
SGX:5GF Share Price converted to USD reporting currency Exchange rate (SGD/ USD) 0.726 $0
Singapore Electronic Industry PE Ratio Median Figure of 21 Publicly-Listed Electronic Companies 12.01x
Singapore Market PE Ratio Median Figure of 322 Publicly-Listed Companies 12.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nico Steel Holdings.

SGX:5GF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:5GF Share Price ÷ EPS (both in USD)

= 0 ÷ 0.00

45.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nico Steel Holdings is overvalued based on earnings compared to the SG Electronic industry average.
  • Nico Steel Holdings is overvalued based on earnings compared to the Singapore market.
Price based on expected Growth
Does Nico Steel Holdings's expected growth come at a high price?
Raw Data
SGX:5GF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 45.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Singapore Electronic Industry PEG Ratio Median Figure of 5 Publicly-Listed Electronic Companies 2.28x
Singapore Market PEG Ratio Median Figure of 120 Publicly-Listed Companies 1.55x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nico Steel Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nico Steel Holdings's assets?
Raw Data
SGX:5GF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-02-28) in USD $0.00
SGX:5GF Share Price * SGX (2019-05-22) in SGD SGD0
SGX:5GF Share Price converted to USD reporting currency Exchange rate (SGD/ USD) 0.726 $0
Singapore Electronic Industry PB Ratio Median Figure of 22 Publicly-Listed Electronic Companies 0.88x
Singapore Market PB Ratio Median Figure of 432 Publicly-Listed Companies 0.71x
SGX:5GF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:5GF Share Price ÷ Book Value per Share (both in USD)

= 0 ÷ 0.00

0.84x

* Primary Listing of Nico Steel Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nico Steel Holdings is good value based on assets compared to the SG Electronic industry average.
X
Value checks
We assess Nico Steel Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Nico Steel Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Nico Steel Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Nico Steel Holdings 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.4%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nico Steel Holdings expected to grow at an attractive rate?
  • Unable to compare Nico Steel Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Nico Steel Holdings's earnings growth to the Singapore market average as no estimate data is available.
  • Unable to compare Nico Steel Holdings's revenue growth to the Singapore market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SGX:5GF Future Growth Rates Data Sources
Data Point Source Value (per year)
Singapore Electronic Industry Earnings Growth Rate Market Cap Weighted Average 5.4%
Singapore Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Singapore Market Earnings Growth Rate Market Cap Weighted Average 5.7%
Singapore Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SGX:5GF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SGX:5GF Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SGX:5GF Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-02-28 15 1 0
2018-11-30 15 1 0
2018-08-31 15 1 0
2018-05-31 14 0 0
2018-02-28 13 0 0
2017-11-30 13 0 -1
2017-08-31 12 0 -1
2017-05-31 13 -1 -2
2017-02-28 13 -1 -2
2016-08-31 16 0 -2
2016-05-31 18 0 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Nico Steel Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Nico Steel Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SGX:5GF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Nico Steel Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:5GF Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SGX:5GF Past Financials Data
Date (Data in USD Millions) EPS *
2019-02-28 0.00
2018-11-30 0.00
2018-08-31 0.00
2018-05-31 0.00
2018-02-28 0.00
2017-11-30 0.00
2017-08-31 0.00
2017-05-31 0.00
2017-02-28 -0.01
2016-08-31 -0.02
2016-05-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Nico Steel Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Nico Steel Holdings is trading at Nico Steel Holdings'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Nico Steel Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. Nico Steel Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Nico Steel Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Singapore market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Singapore market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nico Steel Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Nico Steel Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nico Steel Holdings's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nico Steel Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Nico Steel Holdings's 1-year earnings growth exceeds its 5-year average (606.8% vs 27.1%)
  • Nico Steel Holdings's earnings growth has exceeded the SG Electronic industry average in the past year (606.8% vs -7.5%).
Earnings and Revenue History
Nico Steel Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nico Steel Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:5GF Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-02-28 15.09 0.24 3.81
2018-11-30 15.10 0.20 3.72
2018-08-31 15.10 0.15 3.63
2018-05-31 14.16 0.09 3.53
2018-02-28 13.22 0.03 3.43
2017-11-30 12.72 -0.60 3.70
2017-08-31 12.22 -1.24 3.97
2017-05-31 12.76 -1.56 4.21
2017-02-28 13.29 -1.88 4.44
2016-08-31 16.28 -2.44 5.98
2016-05-31 17.72 -2.64 6.15
2016-02-29 19.15 -2.83 6.33
2015-08-31 25.00 -1.06 4.68
2015-05-31 26.44 -0.79 4.64
2015-02-28 27.88 -0.51 4.59
2014-11-30 26.14 -1.12 4.89
2014-08-31 24.38 -1.59 5.05
2014-05-31 24.46 -1.48 5.01
2014-02-28 24.54 -1.36 4.98
2013-11-30 26.29 -0.87 4.79
2013-08-31 28.04 -0.39 4.60
2013-05-31 31.06 -0.13 4.72
2013-02-28 34.08 0.13 4.83
2012-11-30 33.88 1.49 4.98
2012-08-31 33.68 2.85 5.13
2012-05-31 37.47 3.06 5.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Nico Steel Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Nico Steel Holdings used its assets less efficiently than the SG Electronic industry average last year based on Return on Assets.
  • Nico Steel Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Nico Steel Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nico Steel Holdings has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Nico Steel Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nico Steel Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nico Steel Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nico Steel Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Nico Steel Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nico Steel Holdings Company Filings, last reported 2 months ago.

SGX:5GF Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-02-28 16.66 3.03 5.04
2018-11-30 16.66 3.03 5.04
2018-08-31 15.90 3.42 4.44
2018-05-31 15.90 3.42 4.44
2018-02-28 14.38 3.04 2.29
2017-11-30 14.38 3.04 2.29
2017-08-31 12.54 3.02 1.94
2017-05-31 12.54 3.02 1.94
2017-02-28 11.52 2.84 1.30
2016-08-31 10.80 3.33 0.68
2016-05-31 10.80 3.33 0.68
2016-02-29 10.65 7.13 2.02
2015-08-31 12.78 6.56 0.66
2015-05-31 12.78 6.56 0.66
2015-02-28 14.24 11.95 1.39
2014-11-30 14.24 11.00 1.39
2014-08-31 14.45 7.76 1.41
2014-05-31 14.45 7.76 1.41
2014-02-28 14.95 9.94 1.67
2013-11-30 14.95 9.94 1.67
2013-08-31 15.42 9.54 2.10
2013-05-31 15.42 9.54 2.10
2013-02-28 15.72 14.59 4.64
2012-11-30 15.72 14.59 4.64
2012-08-31 15.76 4.07 5.60
2012-05-31 15.76 4.07 5.60
  • Nico Steel Holdings's level of debt (18.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (66.4% vs 18.2% today).
  • Debt is well covered by operating cash flow (26.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.6x coverage).
X
Financial health checks
We assess Nico Steel Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nico Steel Holdings has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Nico Steel Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Nico Steel Holdings dividends.
If you bought SGD2,000 of Nico Steel Holdings shares you are expected to receive SGD0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Nico Steel Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Nico Steel Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SGX:5GF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Singapore Electronic Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 4.7%
Singapore Market Average Dividend Yield Market Cap Weighted Average of 276 Stocks 4%
Singapore Minimum Threshold Dividend Yield 10th Percentile 1.6%
Singapore Bottom 25% Dividend Yield 25th Percentile 2.5%
Singapore Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SGX:5GF Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
SGX:5GF Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2013-10-11 0.000 0.000
2013-07-31 0.000 0.000
2013-05-13 0.000 0.000
2012-06-15 0.003 4.894
2012-05-02 0.003 5.053
2009-10-12 0.000 0.000
2009-06-22 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Nico Steel Holdings has not reported any payouts.
  • Unable to verify if Nico Steel Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Nico Steel Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Nico Steel Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Nico Steel Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nico Steel Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nico Steel Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Nico Steel Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Nico Steel Holdings has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the Nico Steel Holdings management team in years:

12.7
Average Tenure
52
Average Age
  • The average tenure for the Nico Steel Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Danny Tan

TITLE
Executive Chairman & President
AGE
53
TENURE
17.1 yrs

Lu Wang

TITLE
Group Finance Manager
TENURE
8.3 yrs

Andrew Tang

TITLE
Director of Corporate Development & Executive Director
AGE
49
TENURE
17.1 yrs

Steven Tang

TITLE
Director of Sales & Marketing and Executive Director
AGE
51
TENURE
1.2 yrs

Sharon Yeoh

TITLE
Company Secretary
AGE
59
Board of Directors Tenure

Average tenure and age of the Nico Steel Holdings board of directors in years:

4.6
Average Tenure
51
Average Age
  • The tenure for the Nico Steel Holdings board of directors is about average.
Board of Directors

Danny Tan

TITLE
Executive Chairman & President
AGE
53
TENURE
17.1 yrs

Andrew Tang

TITLE
Director of Corporate Development & Executive Director
AGE
49
TENURE
17.1 yrs

Steven Tang

TITLE
Director of Sales & Marketing and Executive Director
AGE
51
TENURE
1.2 yrs

Michael Lee

TITLE
Independent Director
AGE
49
TENURE
4.9 yrs

Gavin McIntyre

TITLE
Independent Director
TENURE
2.8 yrs

Allan Tan

TITLE
Lead Independent Director
AGE
53
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SGD) Value (SGD)
05. Sep 18 Sell Value Capital Asset Management Private Ltd Company 04. Sep 18 04. Sep 18 -41,230,000 SGD0.00 SGD-82,427
04. Sep 18 Sell Value Capital Asset Management Private Ltd Company 03. Sep 18 03. Sep 18 -59,200,100 SGD0.00 SGD-118,393
03. Sep 18 Buy Chee Khiong Tan Individual 31. Aug 18 03. Sep 18 100,000,000 SGD0.00 SGD199,988
03. Sep 18 Sell Value Capital Asset Management Private Ltd Company 31. Aug 18 31. Aug 18 -57,299,900 SGD0.00 SGD-114,595
31. Aug 18 Sell Value Capital Asset Management Private Ltd Company 30. Aug 18 30. Aug 18 -17,270,000 SGD0.00 SGD-34,524
30. Aug 18 Sell Value Capital Asset Management Private Ltd Company 29. Aug 18 29. Aug 18 -282,849,900 SGD0.00 SGD-565,476
29. Aug 18 Sell Value Capital Asset Management Private Ltd Company 28. Aug 18 28. Aug 18 -160,586,600 SGD0.00 SGD-321,157
29. Aug 18 Buy Chee Khiong Tan Individual 28. Aug 18 29. Aug 18 376,699,900 SGD0.00 SGD753,910
28. Aug 18 Buy Lei Xu Individual 27. Aug 18 27. Aug 18 32,963,500 SGD0.00 SGD65,917
28. Aug 18 Sell Value Capital Asset Management Private Ltd Company 27. Aug 18 27. Aug 18 -46,863,500 SGD0.00 SGD-93,712
23. Aug 18 Sell Value Capital Asset Management Private Ltd Company 21. Aug 18 21. Aug 18 -45,000,000 SGD0.00 SGD-89,995
24. Aug 18 Buy Lei Xu Individual 23. Aug 18 24. Aug 18 42,301,500 SGD0.00 SGD84,313
24. Aug 18 Sell Value Capital Asset Management Private Ltd Company 23. Aug 18 23. Aug 18 -32,900,000 SGD0.00 SGD-65,762
21. Aug 18 Buy Lei Xu Individual 20. Aug 18 21. Aug 18 74,735,000 SGD0.00 SGD149,253
21. Aug 18 Sell Value Capital Asset Management Private Ltd Company 20. Aug 18 20. Aug 18 -36,200,000 SGD0.00 SGD-72,371
20. Aug 18 Sell Value Capital Asset Management Private Ltd Company 17. Aug 18 17. Aug 18 -5,000,000 SGD0.00 SGD-10,000
25. Jul 18 Buy Chee Khiong Tan Individual 24. Jul 18 24. Jul 18 403,000 SGD0.00 SGD806
13. Jul 18 Buy Chee Khiong Tan Individual 12. Jul 18 12. Jul 18 3,000,000 SGD0.00 SGD5,996
05. Jul 18 Buy Chee Khiong Tan Individual 04. Jul 18 04. Jul 18 4,978,100 SGD0.00 SGD9,949
03. Jul 18 Sell Value Capital Asset Management Private Ltd Company 02. Jul 18 02. Jul 18 -23,700,000 SGD0.00 SGD-47,384
03. Jul 18 Buy Chee Khiong Tan Individual 02. Jul 18 03. Jul 18 50,000,000 SGD0.00 SGD99,752
02. Jul 18 Sell Value Capital Asset Management Private Ltd Company 28. Jun 18 29. Jun 18 -68,150,300 SGD0.00 SGD-135,902
29. Jun 18 Buy Chee Khiong Tan Individual 28. Jun 18 29. Jun 18 53,100,000 SGD0.00 SGD106,043
28. Jun 18 Sell Value Capital Asset Management Private Ltd Company 27. Jun 18 27. Jun 18 -26,600,000 SGD0.00 SGD-53,184
27. Jun 18 Buy Chee Khiong Tan Individual 26. Jun 18 27. Jun 18 51,000,000 SGD0.00 SGD102,084
27. Jun 18 Sell Value Capital Asset Management Private Ltd Company 25. Jun 18 26. Jun 18 -57,044,400 SGD0.00 SGD-114,058
22. Jun 18 Sell Value Capital Asset Management Private Ltd Company 20. Jun 18 21. Jun 18 -455,881,100 SGD0.00 SGD-911,430
25. Jun 18 Sell Value Capital Asset Management Private Ltd Company 22. Jun 18 22. Jun 18 -26,900,000 SGD0.00 SGD-53,791
25. Jun 18 Buy Chee Khiong Tan Individual 22. Jun 18 25. Jun 18 42,750,000 SGD0.00 SGD85,578
21. Jun 18 Buy Chee Khiong Tan Individual 19. Jun 18 20. Jun 18 430,000,000 SGD0.00 SGD859,674
20. Jun 18 Buy Zhang Rong Individual 14. Jun 18 19. Jun 18 250,000,000 SGD0.00 SGD505,552
20. Jun 18 Sell Value Capital Asset Management Private Ltd Company 19. Jun 18 19. Jun 18 -48,700,000 SGD0.00 SGD-97,370
18. Jun 18 Buy Lei Xu Individual 14. Jun 18 14. Jun 18 100,000,000 SGD0.00 SGD199,905
18. Jun 18 Sell Value Capital Asset Management Private Ltd Company 14. Jun 18 14. Jun 18 -268,647,000 SGD0.00 SGD-537,039
24. May 18 Buy Lei Xu Individual 23. May 18 23. May 18 100,000,000 SGD0.00 SGD199,988
X
Management checks
We assess Nico Steel Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nico Steel Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

A Closer Look At Nico Steel Holdings Limited's (SGX:5GF) Uninspiring ROE

We'll use ROE to examine Nico Steel Holdings Limited (SGX:5GF), by way of a worked example. … Over the last twelve months Nico Steel Holdings has recorded a ROE of 1.3%. … That means that for every SGD1 worth of shareholders' equity, it generated SGD0.013 in profit.

Simply Wall St -

Should You Be Tempted To Sell Nico Steel Holdings Limited (SGX:5GF) Because Of Its PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … Nico Steel Holdings Limited (SGX:5GF) trades with a trailing P/E of 27.2x, which is higher than the industry average of 22.6x. … While this makes 5GF appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio.

Simply Wall St -

How Financially Strong Is Nico Steel Holdings Limited (SGX:5GF)?

While small-cap stocks, such as Nico Steel Holdings Limited (SGX:5GF) with its market cap of US$6.42m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Should You Sell Nico Steel Holdings Limited (SGX:5GF) At This PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for 5GF Price per share = $0 Earnings per share = $0 ∴ Price-Earnings Ratio = $0 ÷ $0 = 28.2x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … We preferably want to compare the stock’s P/E ratio to the average of companies that have similar features to 5GF, such as capital structure and profitability.

Simply Wall St -

How Did Nico Steel Holdings Limited's (SGX:5GF) 0.45% ROE Fare Against The Industry?

Nico Steel Holdings Limited’s (SGX:5GF) most recent return on equity was a substandard 0.45% relative to its industry performance of 4.00% over the past year. … View our latest analysis for Nico Steel Holdings Breaking down ROE — the mother of all ratios Return on Equity (ROE) weighs Nico Steel Holdings’s profit against the level of its shareholders’ equity. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity SGX:5GF Last Perf May 10th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

Simply Wall St -

Where Nico Steel Holdings Limited (SGX:5GF) Stands In Earnings Growth Against Its Industry

View our latest analysis for Nico Steel Holdings Commentary On 5GF's Past Performance I prefer to use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … For Nico Steel Holdings, its most recent earnings (trailing twelve month) is -US$1.24M, which, against the prior year's level, has become less negative. … SGX:5GF Income Statement Apr 12th 18 We can further assess Nico Steel Holdings's loss by looking at what the industry has been experiencing over the past few years.

Simply Wall St -

How Financially Strong Is Nico Steel Holdings Limited (SGX:5GF)?

Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … At the current liabilities level of US$4.71M liabilities, it seems that the business has been able to meet these commitments with a current assets level of US$12.75M, leading to a 2.71x current account ratio. … Risk around debt is very low for 5GF, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: Although 5GF’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Should You Be Concerned About Nico Steel Holdings Limited's (SGX:5GF) Investors?

Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Thus, investors not need worry too much about the consequences of these holdings.What this means for you: Institutional ownership level and composition in 5GF is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Should You Invest In The Basic Materials Sector And Nico Steel Holdings Limited (SGX:5GF)?

Nico Steel Holdings Limited (SGX:5GF), a SGD$2.29M small-cap, operates in the basic materials industry which supplies materials for construction. … Below, I will examine the sector growth prospects, and also determine whether Nico Steel Holdings is a laggard or leader relative to its basic materials sector peers. … See our latest analysis for Nico Steel Holdings What’s the catalyst for Nico Steel Holdings's sector growth?

Simply Wall St -

Did Nico Steel Holdings Limited's (SGX:5GF) Earnings Growth Outperform The Industry?

Today I will take you through a basic sense check to gain perspective on how Nico Steel Holdings is doing by evaluating its latest earnings with its longer term trend as well as its industry peers' performance over the same period. … View our latest analysis for Nico Steel Holdings Commentary On 5GF's Past Performance I use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … For Nico Steel Holdings, its latest twelve-month earnings is -$1.2M, which, in comparison to last year’s level, has become less negative.

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Company Info

Description

Nico Steel Holdings Limited, an investment holding company, provides metal alloys and metallurgical solutions in Singapore, the People’s Republic of China, Malaysia, Thailand, and internationally. It operates through Coil Center and Plating segments. The company provides metal slitting services; ferrous and non-ferrous raw materials in strip-in coils for use in the stamping, and metal and plastic fabricating industries; electro-plating process, metal surface treatment, and chemistry blending services for electronic products; and import and export trading, and distribution services. It also offers internal and external cosmetic parts for LCDs, LEDs, notebooks and keyboards, hard disk drive (HDD) covers and dampers, SIM card holders, bezel plates, RF shields, etc.; and customized specialty metals, as well as metallurgical consultancy services. In addition, the company provides metal alloys that comprise stainless and cold rolled steel products, copper and copper alloys, and aluminum and aluminum alloys; and customized metal alloys under the Nico brand. It serves HDD, telecommunications, consumer electronics, computer peripherals, and other industries. Nico Steel Holdings Limited was founded in 1991 and is based in Singapore.

Details
Name: Nico Steel Holdings Limited
5GF
Exchange: SGX
Founded: 1991
SGD19,848,664
4,962,166,175
Website: http://www.nicosteel.com
Address: Nico Steel Holdings Limited
51 Loyang Way,
Singapore,
508744,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX 5GF Ordinary Shares Singapore Exchange SG SGD 07. Apr 2005
Number of employees
Current staff
Staff numbers
0
Nico Steel Holdings employees.
Industry
Electronic Components
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 12:43
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2018/04/25
Last earnings filing: 2019/04/25
Last earnings reported: 2019/02/28
Last annual earnings reported: 2019/02/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.