Broadway Industrial Group Limited, an investment holding company, designs, develops, and manufactures precision-machined components and assemblies for the data storage, semiconductor, solar, automotive, and other industries.
Adequate balance sheet and fair value.
Share Price & News
How has Broadway Industrial Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: B69's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: B69 exceeded the SG Tech industry which returned -3.3% over the past year.
Return vs Market: B69 exceeded the SG Market which returned -23.6% over the past year.
Price Volatility Vs. Market
How volatile is Broadway Industrial Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Broadway Industrial Group (SGX:B69) Using Debt In A Risky Way?
1 month ago | Simply Wall StWhat Kind Of Shareholders Own Broadway Industrial Group Limited (SGX:B69)?
2 months ago | Simply Wall StInvestors Who Bought Broadway Industrial Group (SGX:B69) Shares A Year Ago Are Now Up 46%
Is Broadway Industrial Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: B69 (SGD0.09) is trading below our estimate of fair value (SGD0.42)
Significantly Below Fair Value: B69 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: B69 is unprofitable, so we can't compare its PE Ratio to the Tech industry average.
PE vs Market: B69 is unprofitable, so we can't compare its PE Ratio to the SG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate B69's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: B69 is good value based on its PB Ratio (0.7x) compared to the XA Tech industry average (1.2x).
How is Broadway Industrial Group 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 Broadway Industrial Group 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.
- Examine whether Broadway Industrial Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Broadway Industrial Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Broadway Industrial Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B69 is currently unprofitable.
Growing Profit Margin: B69 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: B69 is unprofitable, but has reduced losses over the past 5 years at a rate of 29.4% per year.
Accelerating Growth: Unable to compare B69's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: B69 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (0.4%).
Return on Equity
High ROE: B69 has a negative Return on Equity (-24.32%), as it is currently unprofitable.
How is Broadway Industrial Group's financial position?
Financial Position Analysis
Short Term Liabilities: B69's short term assets (SGD95.8M) do not cover its short term liabilities (SGD122.0M).
Long Term Liabilities: B69's short term assets (SGD95.8M) exceed its long term liabilities (SGD9.8M).
Debt to Equity History and Analysis
Debt Level: B69's debt to equity ratio (46.1%) is considered high.
Reducing Debt: B69's debt to equity ratio has reduced from 58.4% to 46.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable B69 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: B69 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -33.1% per year.
What is Broadway Industrial Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate B69's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate B69's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if B69's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if B69's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: B69 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of B69's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Choon Hoong Tan
Mr. Choon Hoong Tan serves as Chief Executive Officer at Broadway Industrial Group Limited since August 05, 2019. He served as Chief Executive Officer & Executive Director at Shenzhen Zesum Polytron Techno ...
|Non-Executive Chairman||6.25yrs||no data||9.52% SGD3.9m|
|Non-Executive Non-Independent Director||13yrs||no data||0.30% SGD121.4k|
|Lead Independent Director||no data||no data||0.097% SGD39.4k|
|Independent Director||14.58yrs||no data||0.031% SGD12.8k|
|Independent Director||0.33yr||no data||no data|
|Non-Executive Non-Independent Director||5.08yrs||no data||34.21% SGD13.9m|
Experienced Board: B69's board of directors are considered experienced (6.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Broadway Industrial Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Broadway Industrial Group Limited
- Ticker: B69
- Exchange: SGX
- Founded: 1969
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: S$40.729m
- Shares outstanding: 468.15m
- Website: https://www.bw-grp.com
Number of Employees
- Broadway Industrial Group Limited
- No. 13-26 Symbiosis Tower
- 3 Fusionopolis Way
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|B69||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Dec 1994|
Broadway Industrial Group Limited, an investment holding company, designs, develops, and manufactures precision-machined components and assemblies for the data storage, semiconductor, solar, automotive, and other industries. It manufactures various actuator arms, assemblies, and other related parts primarily for the hard disk drive industry. The company also distributes precision machined components; and provides business and management consultancy services. It operates in Thailand, the People's Republic of China, the United States, Singapore, and internationally. Broadway Industrial Group Limited was founded in 1969 and is headquartered in Singapore.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 14:02|
|End of Day Share Price||2020/04/09 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.