Executive Summary
Ban Leong Technologies Limited, together with its subsidiaries, engages in the wholesale and distribution of computer peripherals, accessories, and other multimedia products in Singapore, Malaysia, Thailand, Asia, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Ban Leong Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: B26 is more volatile than 75% of SG stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: B26's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of SG stocks.
Market Performance
7 Day Return
-10.7%
B26
0.2%
SG Electronic
0.2%
SG Market
1 Year Return
45.7%
B26
7.5%
SG Electronic
21.0%
SG Market
Return vs Industry: B26 exceeded the SG Electronic industry which returned 7.5% over the past year.
Return vs Market: B26 exceeded the SG Market which returned 21% over the past year.
Shareholder returns
| B26 | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.7% | 0.2% | 0.2% |
| 30 Day | -13.0% | -0.9% | -0.2% |
| 90 Day | 15.5% | -0.9% | -0.4% |
| 1 Year | 64.3%45.7% | 12.0%7.5% | 25.6%21.0% |
| 3 Year | 64.1%36.7% | 11.7%-2.9% | 3.8%-8.7% |
| 5 Year | 127.4%67.5% | 100.1%62.1% | 24.8%2.0% |
Long-Term Price Volatility Vs. Market
How volatile is Ban Leong Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Ban Leong Technologies' (SGX:B26) Promising Earnings May Rest On Soft Foundations2 months ago | Simply Wall St
If You Like EPS Growth Then Check Out Ban Leong Technologies (SGX:B26) Before It's Too Late2 months ago | Simply Wall St
Are Insiders Buying Ban Leong Technologies Limited (SGX:B26) Stock?Valuation
Is Ban Leong Technologies 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: B26 (SGD0.34) is trading below our estimate of fair value (SGD4.36)
Significantly Below Fair Value: B26 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: B26 is good value based on its PE Ratio (5.4x) compared to the SG Electronic industry average (13.3x).
PE vs Market: B26 is good value based on its PE Ratio (5.4x) compared to the SG market (15x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate B26's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: B26 is overvalued based on its PB Ratio (1x) compared to the SG Electronic industry average (0.9x).
Future Growth
How is Ban Leong Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.2%
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 Ban Leong Technologies 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.
Past Performance
How has Ban Leong Technologies performed over the past 5 years?
9.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B26 has high quality earnings.
Growing Profit Margin: B26's current net profit margins (3.8%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: B26's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: B26's earnings growth over the past year (145.9%) exceeds its 5-year average (9.5% per year).
Earnings vs Industry: B26 earnings growth over the past year (145.9%) exceeded the Electronic industry 4.6%.
Return on Equity
High ROE: B26's Return on Equity (18.4%) is considered low.
Financial Health
How is Ban Leong Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: B26's short term assets (SGD69.7M) exceed its short term liabilities (SGD32.1M).
Long Term Liabilities: B26's short term assets (SGD69.7M) exceed its long term liabilities (SGD1.6M).
Debt to Equity History and Analysis
Debt Level: B26's debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: B26's debt to equity ratio has reduced from 35.2% to 5% over the past 5 years.
Debt Coverage: B26's debt is well covered by operating cash flow (432.6%).
Interest Coverage: B26's interest payments on its debt are well covered by EBIT (97.7x coverage).
Balance Sheet
Dividend
What is Ban Leong Technologies's current dividend yield, its reliability and sustainability?
7.46%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: B26's dividend (7.46%) is higher than the bottom 25% of dividend payers in the SG market (1.92%).
High Dividend: B26's dividend (7.46%) is in the top 25% of dividend payers in the SG market (5%)
Stability and Growth of Payments
Stable Dividend: B26's dividend payments have been volatile in the past 10 years.
Growing Dividend: B26's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.5%), B26's dividend payments are well 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.0yrs
Average management tenure
CEO
Ronald Teng (52 yo)
no data
Tenure
Mr. Woo Boon Teng, also known as Ronald, founded Ban Leong Technologies Ltd. in 1993 and serves as its Managing Director and Chairman. Mr. Teng served as Chief Executive Officer of Ban Leong Technologies L...
Leadership Team
Experienced Management: B26's management team is seasoned and experienced (9 years average tenure).
Board Members
Experienced Board: B26's board of directors are considered experienced (7.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: B26 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
Ban Leong Technologies Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ban Leong Technologies Limited
- Ticker: B26
- Exchange: SGX
- Founded: 1993
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: S$39.851m
- Shares outstanding: 113.86m
- Website: https://www.banleong.com
Number of Employees
Location
- Ban Leong Technologies Limited
- 150, Ubi Avenue 4
- No. 04-01
- Singapore
- 408825
- Singapore
Listings
Biography
Ban Leong Technologies Limited, together with its subsidiaries, engages in the wholesale and distribution of computer peripherals, accessories, and other multimedia products in Singapore, Malaysia, Thailan...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/04 11:03 |
| End of Day Share Price | 2021/08/04 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
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.