PNE Industries Ltd, an investment holding company, manufactures, assembles, and trades in electrical and electronic products primarily in Europe, Malaysia, Singapore, and the People’s Republic of China. More Details
Flawless balance sheet, good value and pays a dividend.
Share Price & News
How has PNE Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BDA is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BDA's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BDA underperformed the SG Electronic industry which returned 19.9% over the past year.
Return vs Market: BDA exceeded the SG Market which returned -3.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is PNE Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StAre Poor Financial Prospects Dragging Down PNE Industries Ltd (SGX:BDA Stock?
3 weeks ago | Simply Wall StDoes PNE Industries' (SGX:BDA) Statutory Profit Adequately Reflect Its Underlying Profit?
1 month ago | Simply Wall StWhy It Might Not Make Sense To Buy PNE Industries Ltd (SGX:BDA) For Its Upcoming Dividend
Is PNE Industries 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: BDA (SGD0.92) is trading below our estimate of fair value (SGD2.55)
Significantly Below Fair Value: BDA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BDA is good value based on its PE Ratio (12.5x) compared to the SG Electronic industry average (14.7x).
PE vs Market: BDA is good value based on its PE Ratio (12.5x) compared to the SG market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BDA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BDA's PB Ratio (0.9x) is in line with the SG Electronic industry average.
How is PNE Industries 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 PNE Industries 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 PNE Industries 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.
- PNE Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has PNE Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BDA has high quality earnings.
Growing Profit Margin: BDA's current net profit margins (7.2%) are lower than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: BDA's earnings have declined by 9.7% per year over the past 5 years.
Accelerating Growth: BDA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BDA had negative earnings growth (-23.9%) over the past year, making it difficult to compare to the Electronic industry average (-17%).
Return on Equity
High ROE: BDA's Return on Equity (7.6%) is considered low.
How is PNE Industries's financial position?
Financial Position Analysis
Short Term Liabilities: BDA's short term assets (SGD94.8M) exceed its short term liabilities (SGD21.9M).
Long Term Liabilities: BDA's short term assets (SGD94.8M) exceed its long term liabilities (SGD44.0K).
Debt to Equity History and Analysis
Debt Level: BDA is debt free.
Reducing Debt: BDA has not had any debt for past 5 years.
Debt Coverage: BDA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BDA has no debt, therefore coverage of interest payments is not a concern.
What is PNE Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BDA's dividend (8.7%) is higher than the bottom 25% of dividend payers in the SG market (1.97%).
High Dividend: BDA's dividend (8.7%) is in the top 25% of dividend payers in the SG market (4.77%)
Stability and Growth of Payments
Stable Dividend: BDA's dividend payments have been volatile in the past 10 years.
Growing Dividend: BDA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.7%), BDA's dividend 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 board tenure
Adrian Tan (63 yo)
Mr. Koon Chwee Tan, also known as Adrian, serves as the Chief Executive Officer and Executive Managing Director of PNE Industries Ltd. Mr. Tan is responsible for formulating and implementing PNE Industries...
|CEO, Executive MD & Executive Director||no data||no data||11.12% |
|Assistant to MD & Executive Director||20.83yrs||no data||10.27% |
|Non-Executive Director||20.83yrs||no data||5.61% |
|Non-Executive Chairman||no data||no data||10.52% |
|Independent Director||20.83yrs||no data||0.030% |
|Director of PNE Systems Sdn Bhd||no data||no data||no data|
|Independent Director||20.83yrs||no data||no data|
|Independent Lead Director||1.42yrs||no data||no data|
Experienced Board: BDA's board of directors are seasoned and experienced ( 20.8 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.
PNE Industries Ltd's company bio, employee growth, exchange listings and data sources
- Name: PNE Industries Ltd
- Ticker: BDA
- Exchange: SGX
- Founded: 1983
- Industry: Electronic Components
- Sector: Tech
- Market Cap: S$77.203m
- Shares outstanding: 83.92m
- Website: https://www.pne.com.sg
- PNE Industries Ltd
- 996 Bendemeer Road
- Suite 07-06
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BDA||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||May 2000|
PNE Industries Ltd, an investment holding company, manufactures, assembles, and trades in electrical and electronic products primarily in Europe, Malaysia, Singapore, and the People’s Republic of China. It...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/06 11:10|
|End of Day Share Price||2021/03/05 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.