8AZ Stock Overview
Aztech Global Ltd., together with its subsidiaries, engages in the research, development, engineering, and manufacturing of IoT devices, data-communication products, and LED lighting products in Singapore, North America, China, Europe, and internationally.
Aztech Global Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.94|
|52 Week High||S$1.16|
|52 Week Low||S$0.77|
|1 Month Change||19.74%|
|3 Month Change||10.59%|
|1 Year Change||-16.81%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-27.13%|
Recent News & Updates
|8AZ||SG Electronic||SG Market|
Return vs Industry: 8AZ underperformed the SG Electronic industry which returned -6.4% over the past year.
Return vs Market: 8AZ underperformed the SG Market which returned 0.1% over the past year.
|8AZ Average Weekly Movement||3.1%|
|Electronic Industry Average Movement||5.8%|
|Market Average Movement||4.6%|
|10% most volatile stocks in SG Market||12.3%|
|10% least volatile stocks in SG Market||2.2%|
Stable Share Price: 8AZ is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 8AZ's weekly volatility (3%) has been stable over the past year.
About the Company
Aztech Global Ltd., together with its subsidiaries, engages in the research, development, engineering, and manufacturing of IoT devices, data-communication products, and LED lighting products in Singapore, North America, China, Europe, and internationally. It operates through two segments, Manufacturing, and Distribution and Trading. The company provides consumer electronics and consumer healthtech products, including smart security cameras, smart home and automation products, smart wearables, etc. It also offers LED lighting products for use in residential, commercial, and industrial applications; and designs and develops smart lighting systems.
Aztech Global Fundamentals Summary
|8AZ fundamental statistics|
Is 8AZ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|8AZ income statement (TTM)|
|Cost of Revenue||S$568.66m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.11|
|Net Profit Margin||11.88%|
How did 8AZ perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Is 8AZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 8AZ?
Other financial metrics that can be useful for relative valuation.
|What is 8AZ's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 8AZ's PE Ratio compare to its peers?
|8AZ PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
BN2 Valuetronics Holdings
C33 Chuan Hup Holdings
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8AZ Aztech Global
Price-To-Earnings vs Peers: 8AZ is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (18.3x).
Price to Earnings Ratio vs Industry
How does 8AZ's PE Ratio compare vs other companies in the Asian Electronic Industry?
Price-To-Earnings vs Industry: 8AZ is good value based on its Price-To-Earnings Ratio (8.3x) compared to the SG Electronic industry average (11.6x)
Price to Earnings Ratio vs Fair Ratio
What is 8AZ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.3x|
|Fair PE Ratio||12.5x|
Price-To-Earnings vs Fair Ratio: 8AZ is good value based on its Price-To-Earnings Ratio (8.3x) compared to the estimated Fair Price-To-Earnings Ratio (12.5x).
Share Price vs Fair Value
What is the Fair Price of 8AZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 8AZ (SGD0.94) is trading below our estimate of fair value (SGD4.21)
Significantly Below Fair Value: 8AZ is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Aztech Global forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8AZ's forecast earnings growth (14.3% per year) is above the savings rate (1.8%).
Earnings vs Market: 8AZ's earnings (14.3% per year) are forecast to grow faster than the SG market (12.6% per year).
High Growth Earnings: 8AZ's earnings are forecast to grow, but not significantly.
Revenue vs Market: 8AZ's revenue (14.7% per year) is forecast to grow faster than the SG market (7.6% per year).
High Growth Revenue: 8AZ's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8AZ's Return on Equity is forecast to be high in 3 years time (27%)
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How has Aztech Global performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8AZ has high quality earnings.
Growing Profit Margin: 8AZ's current net profit margins (11.9%) are lower than last year (11.9%).
Past Earnings Growth Analysis
Earnings Trend: 8AZ's earnings have grown significantly by 29.8% per year over the past 5 years.
Accelerating Growth: 8AZ's earnings growth over the past year (21.8%) is below its 5-year average (29.8% per year).
Earnings vs Industry: 8AZ earnings growth over the past year (21.8%) exceeded the Electronic industry 4.4%.
Return on Equity
High ROE: 8AZ's Return on Equity (30%) is considered high.
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How is Aztech Global's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 8AZ's short term assets (SGD584.9M) exceed its short term liabilities (SGD308.9M).
Long Term Liabilities: 8AZ's short term assets (SGD584.9M) exceed its long term liabilities (SGD5.3M).
Debt to Equity History and Analysis
Debt Level: 8AZ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 8AZ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 8AZ's debt is well covered by operating cash flow (894.2%).
Interest Coverage: 8AZ earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Aztech Global current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8AZ's dividend (5.32%) is higher than the bottom 25% of dividend payers in the SG market (2.28%).
High Dividend: 8AZ's dividend (5.32%) is low compared to the top 25% of dividend payers in the SG market (5.99%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 8AZ's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 8AZ's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44%), 8AZ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.8%), 8AZ's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Michael Mun (72 yo)
Mr. Hong Yew Mun, also known as Michael has been the Chief Executive Officer and President of Aztech Group Ltd. (aka: Aztech Systems Ltd.) since 1986 and also has been its Chairman and Director since Augus...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Michael's total compensation is reasonable compared to companies of similar size in the SG market.
Compensation vs Earnings: Insufficient data to compare Michael's compensation with company performance.
Experienced Board: 8AZ's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
Aztech Global Ltd.'s employee growth, exchange listings and data sources
- Name: Aztech Global Ltd.
- Ticker: 8AZ
- Exchange: SGX
- Founded: 1986
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Implied Market Cap: S$725.636m
- Shares outstanding: 771.95m
- Website: https://www.aztechglobal.com
Number of Employees
- Aztech Global Ltd.
- 31 Ubi Road 1, No. 01-05
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/16 00:00|
|End of Day Share Price||2022/08/16 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.