CEI Limited provides contract manufacturing services for the industrial equipment market in the Asia Pacific, Europe, and the United States. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has CEI's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AVV is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AVV's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AVV underperformed the SG Electronic industry which returned 39.7% over the past year.
Return vs Market: AVV exceeded the SG Market which returned 23% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CEI's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShareholders Of CEI (SGX:AVV) Must Be Happy With Their 171% Total Return
1 month ago | Simply Wall StIs CEI Limited's (SGX:AVV) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
3 months ago | Simply Wall StAre Investors Concerned With What's Going On At CEI (SGX:AVV)?
Is CEI undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AVV (SGD1.15) is trading above our estimate of fair value (SGD0.73)
Significantly Below Fair Value: AVV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AVV's PE Ratio (16.6x) is in line with the SG Electronic industry average.
PE vs Market: AVV is poor value based on its PE Ratio (16.6x) compared to the SG market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AVV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AVV is overvalued based on its PB Ratio (2.6x) compared to the SG Electronic industry average (1x).
How is CEI forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
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 CEI 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 SimplyWall St do have past financial data.
How has CEI performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVV has high quality earnings.
Growing Profit Margin: AVV's current net profit margins (4.9%) are lower than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: AVV's earnings have declined by 9.7% per year over the past 5 years.
Accelerating Growth: AVV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVV had negative earnings growth (-16%) over the past year, making it difficult to compare to the Electronic industry average (-16%).
Return on Equity
High ROE: AVV's Return on Equity (15.4%) is considered low.
How is CEI's financial position?
Financial Position Analysis
Short Term Liabilities: AVV's short term assets (SGD61.1M) exceed its short term liabilities (SGD26.9M).
Long Term Liabilities: AVV's short term assets (SGD61.1M) exceed its long term liabilities (SGD4.1M).
Debt to Equity History and Analysis
Debt Level: AVV's debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: AVV's debt to equity ratio has reduced from 18.7% to 10.3% over the past 5 years.
Debt Coverage: AVV's debt is well covered by operating cash flow (248.5%).
Interest Coverage: AVV's interest payments on its debt are well covered by EBIT (40.4x coverage).
What is CEI current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AVV's dividend (9.59%) is higher than the bottom 25% of dividend payers in the SG market (1.84%).
High Dividend: AVV's dividend (9.59%) is in the top 25% of dividend payers in the SG market (4.61%)
Stability and Growth of Payments
Stable Dividend: AVV's dividend payments have been volatile in the past 10 years.
Growing Dividend: AVV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78.1%), AVV's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ka Huat Tan (67 yo)
Mr. Ka Huat Tan serves as Managing Director and Chief Executive Officer of CEI Limited (formerly, CEI Contract Manufacturing Limited) and has been its Executive Director since August 28, 1999. Mr. Tan serv...
CEO Compensation Analysis
Compensation vs Market: Ka Huat's total compensation ($USD413.39K) is about average for companies of similar size in the SG market ($USD381.50K).
Compensation vs Earnings: Ka Huat's compensation has been consistent with company performance over the past year.
Experienced Management: AVV's management team is seasoned and experienced (9.8 years average tenure).
Experienced Board: AVV's board of directors are seasoned and experienced ( 20.2 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.
CEI Limited's company bio, employee growth, exchange listings and data sources
- Name: CEI Limited
- Ticker: AVV
- Exchange: SGX
- Founded: 1980
- Industry: Electronic Components
- Sector: Tech
- Market Cap: S$99.703m
- Shares outstanding: 86.70m
- Website: https://www.cei.com.sg
- CEI Limited
- No. 2 Ang Mo Kio Avenue 12
CEI Limited provides contract manufacturing services for the industrial equipment market in the Asia Pacific, Europe, and the United States. It offers printed circuit board and box-build assembly, equipmen...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/26 11:04|
|End of Day Share Price||2021/04/26 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.