SGX:B26

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Ban Leong Technologies

Market Cap

S$39.9m

Last Updated

2021/08/04 11:03 UTC

Data Sources

Company Financials

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


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

B26IndustryMarket
7 Day-10.7%0.2%0.2%
30 Day-13.0%-0.9%-0.2%
90 Day15.5%-0.9%-0.4%
1 Year64.3%45.7%12.0%7.5%25.6%21.0%
3 Year64.1%36.7%11.7%-2.9%3.8%-8.7%
5 Year127.4%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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/04 11:03
End of Day Share Price2021/08/04 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.