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Powermatic Data Systems

SGX:BCY
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BCY
SGX
SGD55M
Market Cap
  1. Home
  2. SG
  3. Tech
Company description

Powermatic Data Systems Limited, an investment holding company, manufactures, sells, markets, and distributes wireless connectivity products in Singapore and other Asian countries, the United State, Europe, and internationally. The last earnings update was 165 days ago. More info.


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BCY Share Price and Events
7 Day Returns
-0.6%
SGX:BCY
0.5%
SG Communications
0.6%
SG Market
1 Year Returns
-1.9%
SGX:BCY
-20.8%
SG Communications
-6.1%
SG Market
BCY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Powermatic Data Systems (BCY) -0.6% 1.9% 0% -1.9% 70.7% 119.6%
SG Communications 0.5% 7.4% 11.6% -20.8% -34.5% -63.8%
SG Market 0.6% 3.2% 4.6% -6.1% 10% -2.2%
1 Year Return vs Industry and Market
  • BCY outperformed the Communications industry which returned -20.8% over the past year.
  • BCY outperformed the Market in Singapore which returned -6.1% over the past year.
Price Volatility
BCY
Industry
5yr Volatility vs Market

Value

 Is Powermatic Data Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Powermatic Data Systems to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Powermatic Data Systems.

SGX:BCY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year SG Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SGX:BCY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SG Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.091 (1 + (1- 17%) (0%))
1.061
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.3% + (1.061 * 5.96%)
8.62%

Discounted Cash Flow Calculation for SGX:BCY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Powermatic Data Systems is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SGX:BCY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 8.62%)
2019 5.74 Est @ 13.4% 5.28
2020 6.31 Est @ 10.07% 5.35
2021 6.80 Est @ 7.74% 5.31
2022 7.22 Est @ 6.11% 5.18
2023 7.58 Est @ 4.97% 5.01
2024 7.89 Est @ 4.17% 4.80
2025 8.18 Est @ 3.61% 4.58
2026 8.44 Est @ 3.22% 4.35
2027 8.69 Est @ 2.94% 4.13
2028 8.93 Est @ 2.75% 3.90
Present value of next 10 years cash flows SGD47.90
SGX:BCY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SGD8.93 × (1 + 2.3%) ÷ (8.62% – 2.3%)
SGD144.47
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD144.47 ÷ (1 + 8.62%)10
SGD63.17
SGX:BCY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD47.90 + SGD63.17
SGD111.07
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD111.07 / 34.95
SGD3.18
SGX:BCY Discount to Share Price
Calculation Result
Value per share (SGD) From above. SGD3.18
Current discount Discount to share price of SGD1.57
= -1 x (SGD1.57 - SGD3.18) / SGD3.18
50.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Powermatic Data Systems is available for.
Intrinsic value
>50%
Share price is SGD1.57 vs Future cash flow value of SGD3.18
Current Discount Checks
For Powermatic Data Systems to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Powermatic Data Systems's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Powermatic Data Systems's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Powermatic Data Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Powermatic Data Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SGX:BCY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in SGD SGD0.14
SGX:BCY Share Price ** SGX (2019-04-23) in SGD SGD1.57
Asia Communications Industry PE Ratio Median Figure of 31 Publicly-Listed Communications Companies 12.57x
Singapore Market PE Ratio Median Figure of 328 Publicly-Listed Companies 13.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Powermatic Data Systems.

SGX:BCY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:BCY Share Price ÷ EPS (both in SGD)

= 1.57 ÷ 0.14

11.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Powermatic Data Systems is good value based on earnings compared to the Asia Communications industry average.
  • Powermatic Data Systems is good value based on earnings compared to the Singapore market.
Price based on expected Growth
Does Powermatic Data Systems's expected growth come at a high price?
Raw Data
SGX:BCY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
12.2%per year
Asia Communications Industry PEG Ratio Median Figure of 9 Publicly-Listed Communications Companies 0.8x
Singapore Market PEG Ratio Median Figure of 119 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Powermatic Data Systems, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Powermatic Data Systems's assets?
Raw Data
SGX:BCY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in SGD SGD1.60
SGX:BCY Share Price * SGX (2019-04-23) in SGD SGD1.57
Singapore Communications Industry PB Ratio Median Figure of 5 Publicly-Listed Communications Companies 0.99x
Singapore Market PB Ratio Median Figure of 432 Publicly-Listed Companies 0.75x
SGX:BCY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:BCY Share Price ÷ Book Value per Share (both in SGD)

= 1.57 ÷ 1.60

0.98x

* Primary Listing of Powermatic Data Systems.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Powermatic Data Systems is good value based on assets compared to the SG Communications industry average.
X
Value checks
We assess Powermatic Data Systems's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Powermatic Data Systems has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Powermatic Data Systems expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Powermatic Data Systems, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Powermatic Data Systems expected to grow at an attractive rate?
  • Powermatic Data Systems's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Powermatic Data Systems's earnings growth is expected to exceed the Singapore market average.
  • Unable to compare Powermatic Data Systems's revenue growth to the Singapore market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SGX:BCY Future Growth Rates Data Sources
Data Point Source Value (per year)
SGX:BCY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 12.2%
Asia Communications Industry Earnings Growth Rate Market Cap Weighted Average 8.6%
Asia Communications Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Singapore Market Earnings Growth Rate Market Cap Weighted Average 5.9%
Singapore Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SGX:BCY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SGX:BCY Future Estimates Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SGX:BCY Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2018-09-30 17 5 5
2018-06-30 17 4 5
2018-03-31 16 3 5
2017-12-31 16 4 4
2017-09-30 16 4 4
2017-06-30 15 5 4
2017-03-31 15 5 4
2016-12-31 16 5 4
2016-09-30 16 4 4
2016-06-30 16 4 3
2016-03-31 15 3 3
2015-12-31 15 3 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Powermatic Data Systems's earnings are expected to grow by 12.2% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Powermatic Data Systems is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SGX:BCY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Powermatic Data Systems Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:BCY Future Estimates Data
Date (Data in SGD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SGX:BCY Past Financials Data
Date (Data in SGD Millions) EPS *
2018-09-30 0.14
2018-06-30 0.13
2018-03-31 0.13
2017-12-31 0.13
2017-09-30 0.13
2017-06-30 0.12
2017-03-31 0.12
2016-12-31 0.12
2016-09-30 0.11
2016-06-30 0.10
2016-03-31 0.08
2015-12-31 0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Powermatic Data Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Powermatic Data Systems's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Powermatic Data Systems has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Powermatic Data Systems performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Powermatic Data Systems's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Powermatic Data Systems has delivered over 20% year on year earnings growth in the past 5 years.
  • Powermatic Data Systems's 1-year earnings growth is less than its 5-year average (11.2% vs 20.7%)
  • Powermatic Data Systems's earnings growth has not exceeded the Asia Communications industry average in the past year (11.2% vs 21.3%).
Earnings and Revenue History
Powermatic Data Systems's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Powermatic Data Systems Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:BCY Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 16.97 4.85 3.67
2018-06-30 16.55 4.68 3.57
2018-03-31 16.14 4.52 3.46
2017-12-31 15.84 4.44 3.38
2017-09-30 15.54 4.36 3.30
2017-06-30 15.49 4.26 3.33
2017-03-31 15.43 4.17 3.36
2016-12-31 15.88 4.03 3.47
2016-09-30 16.33 3.90 3.59
2016-06-30 15.91 3.36 3.75
2016-03-31 15.50 2.83 3.90
2015-12-31 15.29 2.96 3.86
2015-09-30 15.07 3.08 3.81
2015-06-30 14.68 2.89 3.72
2015-03-31 14.28 2.70 3.63
2014-12-31 13.94 2.12 3.77
2014-09-30 13.61 1.54 3.91
2014-06-30 14.38 1.78 3.99
2014-03-31 15.15 2.02 4.08
2013-12-31 14.53 2.01 4.48
2013-09-30 13.92 1.99 4.87
2013-06-30 13.56 1.31 5.35
2013-03-31 13.20 0.63 5.83
2012-12-31 13.73 0.54 5.76
2012-09-30 14.25 0.44 5.69
2012-06-30 16.19 1.29 5.63

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Powermatic Data Systems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Powermatic Data Systems used its assets less efficiently than the Asia Communications industry average last year based on Return on Assets.
  • Powermatic Data Systems has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Powermatic Data Systems's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Powermatic Data Systems has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Powermatic Data Systems's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Powermatic Data Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Powermatic Data Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Powermatic Data Systems has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Powermatic Data Systems's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Powermatic Data Systems has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Powermatic Data Systems Company Filings, last reported 6 months ago.

SGX:BCY Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 55.91 0.00 29.60
2018-06-30 55.91 0.00 29.60
2018-03-31 54.76 0.00 27.64
2017-12-31 54.76 0.00 27.64
2017-09-30 55.65 0.00 26.54
2017-06-30 55.65 0.00 26.54
2017-03-31 52.56 0.00 26.48
2016-12-31 52.56 0.00 26.48
2016-09-30 48.00 0.00 22.06
2016-06-30 48.00 0.00 22.06
2016-03-31 47.16 0.00 21.41
2015-12-31 47.16 0.00 21.41
2015-09-30 46.22 0.00 19.82
2015-06-30 46.22 0.00 19.82
2015-03-31 46.93 0.00 18.76
2014-12-31 46.93 0.00 18.76
2014-09-30 45.72 0.00 16.82
2014-06-30 45.72 0.00 16.82
2014-03-31 44.03 0.00 19.28
2013-12-31 44.03 0.00 19.28
2013-09-30 43.12 0.00 17.81
2013-06-30 43.12 0.00 17.81
2013-03-31 44.69 0.00 18.05
2012-12-31 44.69 0.00 18.05
2012-09-30 42.84 0.00 17.89
2012-06-30 42.84 0.00 17.89
  • Powermatic Data Systems has no debt.
  • Powermatic Data Systems has not taken on any debt in the past 5 years.
  • Powermatic Data Systems has no debt, it does not need to be covered by operating cash flow.
  • Powermatic Data Systems has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Powermatic Data Systems's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Powermatic Data Systems has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Powermatic Data Systems's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.18%
Current annual income from Powermatic Data Systems dividends.
If you bought SGD2,000 of Powermatic Data Systems shares you are expected to receive SGD64 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Powermatic Data Systems's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.5%).
  • Powermatic Data Systems's dividend is below the markets top 25% of dividend payers in Singapore (5.47%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SGX:BCY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Communications Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 3.2%
Singapore Market Average Dividend Yield Market Cap Weighted Average of 278 Stocks 3.9%
Singapore Minimum Threshold Dividend Yield 10th Percentile 1.6%
Singapore Bottom 25% Dividend Yield 25th Percentile 2.5%
Singapore Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SGX:BCY Future Dividends Estimate Data
Date (Data in SGD) Dividend per Share (annual) Avg. No. Analysts
SGX:BCY Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2018-07-25 0.050 3.214
2017-07-10 0.050 3.339
2017-05-29 0.050 3.867
2016-05-24 0.050 4.727
2015-07-24 0.050 5.474
2014-05-26 0.050 5.583
2013-06-19 0.050 6.948
2012-05-30 0.050 7.569
2011-07-11 0.050 8.791
2011-05-27 0.050 7.301
2010-05-31 0.050 7.728
2009-07-13 0.050 7.292
2009-05-27 0.050 6.721
2009-04-27 0.050 8.060

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Powermatic Data Systems's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Powermatic Data Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Powermatic Data Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Powermatic Data Systems has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Powermatic Data Systems's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mun Chen
AGE 70
CEO Bio

Dr. Mun Chen is the Co-Founder of Powermatic Data Systems Limited and serves as its Chairman, Chief Executive Officer and President. Dr. Chen is responsible for spearheading Research and Development programs as well as growth strategies. He served as a Senior Lecturer in the then University of Singapore. He serves as an Executive Director of Powermatic Data Systems Ltd. Dr. Chen holds a bachelor's degree in engineering from the University of Singapore and Ph.D. in engineering from the Imperial College, University of London.

CEO Compensation
  • Insufficient data for Mun to compare compensation growth.
  • Insufficient data for Mun to establish whether their remuneration is reasonable compared to companies of similar size in Singapore.
Management Team Tenure

Average tenure and age of the Powermatic Data Systems management team in years:

7.6
Average Tenure
54
Average Age
  • The average tenure for the Powermatic Data Systems management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Katherine Ang

TITLE
Executive Director
AGE
54

Thiam Teng Yaw

TITLE
Executive Officer

Yvonne Ang

TITLE
Operations Manager
AGE
48

Tian Yee Wu

TITLE
Director of Product Development
TENURE
7.6 yrs

Chang Qiang

TITLE
Executive Officer

Molly Chua

TITLE
Finance Manager
TENURE
8.1 yrs

Mun Chen

TITLE
Co-Founder
AGE
70

Derek Wee

TITLE
Director of Sales & Marketing

Yoen Har Wong

TITLE
Secretary
TENURE
2.8 yrs

Chong Steven

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Powermatic Data Systems board of directors in years:

18.6
Average Tenure
66
Average Age
  • The average tenure for the Powermatic Data Systems board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Katherine Ang

TITLE
Executive Director
AGE
54
TENURE
7.8 yrs

Mun Chen

TITLE
Co-Founder
AGE
70

Tom Yee

TITLE
Non-Executive & Independent Director
AGE
83
TENURE
26.8 yrs

Kin Mun Lye

TITLE
Non-Executive & Independent Director
AGE
66
TENURE
26.2 yrs

David Tan

TITLE
Non-Executive & Independent Director
AGE
57
TENURE
11.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SGD) Value (SGD)
X
Management checks
We assess Powermatic Data Systems's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Powermatic Data Systems has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does Powermatic Data Systems Limited (SGX:BCY) Have A Place In Your Portfolio?

Historically, Powermatic Data Systems Limited (SGX:BCY) has been paying a dividend to shareholders. … Let's dig deeper into whether Powermatic Data Systems should have a place in your portfolio. … View our latest analysis for Powermatic Data Systems

Simply Wall St -

Is Powermatic Data Systems Limited (SGX:BCY) Investing Your Capital Efficiently?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Should Powermatic Data Systems Limited (SGX:BCY) Focus On Improving This Fundamental Metric?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Powermatic Data Systems Limited (SGX:BCY). … Our data shows Powermatic Data Systems has a return on equity of 8.7% for the last year.

Simply Wall St -

Does Powermatic Data Systems Limited's (SGX:BCY) 11% Earnings Growth Reflect The Long-Term Trend?

For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than examining a single earnings announcement at a point in time. … Did BCY beat its long-term earnings growth trend and its industry. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 21%, indicating the rate at which BCY is growing has slowed down.

Simply Wall St -

Do Insiders Own Lots Of Shares In Powermatic Data Systems Limited (SGX:BCY)?

A look at the shareholders of Powermatic Data Systems Limited (SGX:BCY) can tell us which group is most powerful. … With a market capitalization of S$52m, Powermatic Data Systems is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

Is Powermatic Data Systems Limited (SGX:BCY) A Smart Pick For Income Investors?

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, Powermatic Data Systems Limited (SGX:BCY) has been paying a dividend to shareholders. … View our latest analysis for Powermatic Data Systems

Simply Wall St -

Does Powermatic Data Systems Limited (SGX:BCY)'s Capital Return Make The Cut?

and looking to gauge the potential return on investment in Powermatic Data Systems Limited (SGX:BCY). … As a result, your investment is being put to work to fund operations and if you want to earn an attractive return on your investment, the business needs to be making an adequate amount of money from the funds you provide. … Therefore, looking at how efficiently Powermatic Data Systems is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

A Closer Look At Powermatic Data Systems Limited's (SGX:BCY) Uninspiring ROE

Over the last twelve months Powermatic Data Systems has recorded a ROE of 8.7%. … One way to conceptualize this, is that for each SGD1 of shareholders' equity it has, the company made SGD0.087 in profit. … View our latest analysis for Powermatic Data Systems?

Simply Wall St -

Powermatic Data Systems Limited (SGX:BCY): Has Recent Earnings Growth Beaten Long-Term Trend?

When Powermatic Data Systems Limited (SGX:BCY) announced its most recent earnings (31 March 2018), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … Understanding how Powermatic Data Systems performed requires a benchmark rather than trying to assess a standalone number at one point in time. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 25%, indicating the rate at which BCY is growing has slowed down

Simply Wall St -

What You Must Know About Powermatic Data Systems Limited's (SGX:BCY) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is BCY growing fast enough to value financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Company Info

Description

Powermatic Data Systems Limited, an investment holding company, manufactures, sells, markets, and distributes wireless connectivity products in Singapore and other Asian countries, the United State, Europe, and internationally. The company operates through three segments: Wireless Connectivity Products, Property, and Corporate Holding and Others. It provides industrial grade wireless radio modules, wireless radio modules, wireless embedded boards, wireless radio modules, and outdoor access points; and products design concepts, prototyping, and manufacturing services. The company also manages the investment properties, as well as distributes computers and related peripherals. It serves healthcare, industrial PC, factory automation, security surveillance, and transportation industries. Powermatic Data Systems Limited was incorporated in 1989 and is based in Singapore.

Details
Name: Powermatic Data Systems Limited
BCY
Exchange: SGX
Founded: 1989
SGD55,225,986
34,953,156
Website: http://www.powermatic.com.sg
Address: Powermatic Data Systems Limited
No 9 Harrison Road, No. 05-01,
Singapore,
369651,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX BCY Ordinary Shares Singapore Exchange SG SGD 10. Feb 1993
Number of employees
Current staff
Staff numbers
76
Powermatic Data Systems employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 12:33
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2018/05/24
Last earnings filing: 2018/11/09
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.