SGX:BDF

Stock Analysis Report

Excelpoint Technology

Executive Summary

Excelpoint Technology Ltd., an investment holding company, provides electronic components, and engineering design, and supply chain management services.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Excelpoint Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BDF's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-18.4%

BDF

14.6%

SG Electronic

5.0%

SG Market


1 Year Return

-50.4%

BDF

-18.2%

SG Electronic

-23.6%

SG Market

Return vs Industry: BDF underperformed the SG Electronic industry which returned -28.8% over the past year.

Return vs Market: BDF underperformed the SG Market which returned -29% over the past year.


Shareholder returns

BDFIndustryMarket
7 Day-18.4%14.6%5.0%
30 Day-11.4%-2.3%-10.8%
90 Day-31.9%-13.3%-22.0%
1 Year-47.1%-50.4%-13.8%-18.2%-20.4%-23.6%
3 Year-40.3%-50.8%17.8%2.5%-14.8%-23.9%
5 Year-21.0%-44.6%63.9%28.2%-15.4%-29.7%

Price Volatility Vs. Market

How volatile is Excelpoint Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Excelpoint Technology 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: BDF (SGD0.39) is trading below our estimate of fair value (SGD32.12)

Significantly Below Fair Value: BDF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BDF is poor value based on its PE Ratio (20.2x) compared to the Electronic industry average (10.7x).

PE vs Market: BDF is poor value based on its PE Ratio (20.2x) compared to the SG market (10.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BDF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BDF is good value based on its PB Ratio (0.4x) compared to the SG Electronic industry average (0.7x).


Next Steps

Future Growth

How is Excelpoint Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.4%

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 Excelpoint Technology 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.


Next Steps

Past Performance

How has Excelpoint Technology performed over the past 5 years?

-0.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BDF has a large one-off loss of $1.7M impacting its December 31 2019 financial results.

Growing Profit Margin: BDF's current net profit margins (0.2%) are lower than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: BDF's earnings have declined by -0.9% per year over the past 5 years.

Accelerating Growth: BDF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BDF had negative earnings growth (-80.3%) over the past year, making it difficult to compare to the Electronic industry average (-12%).


Return on Equity

High ROE: BDF's Return on Equity (2.1%) is considered low.


Next Steps

Financial Health

How is Excelpoint Technology's financial position?


Financial Position Analysis

Short Term Liabilities: BDF's short term assets ($320.7M) exceed its short term liabilities ($253.2M).

Long Term Liabilities: BDF's short term assets ($320.7M) exceed its long term liabilities ($1.3M).


Debt to Equity History and Analysis

Debt Level: BDF's debt to equity ratio (136.4%) is considered high.

Reducing Debt: BDF's debt to equity ratio has reduced from 144% to 136.4% over the past 5 years.

Debt Coverage: BDF's debt is well covered by operating cash flow (43.5%).

Interest Coverage: BDF's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Excelpoint Technology's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BDF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BDF'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 BDF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BDF's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BDF is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BDF's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Albert Phuay (62yo)

no data

Tenure

Mr. Yong Hen Phuay, also known as Albert, founded Excelpoint Technology Ltd. and serves as its Chairman and Group Chief Executive Officer. Mr. Phuay is responsible for overseeing the general management of  ...


Leadership Team

NamePositionTenureCompensationOwnership
Yong Phuay
Founderno datano data42.05% $15.1m
See Thiam Lee
Group Chief Financial Officerno datano datano data
Yong Phuay
Group Senior Vice President of Human Resources & Administration4.25yrsno datano data
Yong Phuay
Executive Director & Group VP of Sales3.58yrsno data0.12% $43.4k
Li Phuay
Deputy Director of Corporate Development6.25yrsno datano data
Fei Kwok
Executive Director3.58yrsno data0.69% $249.1k
Wai Kwan
Executive Director18.92yrsno data5.23% $1.9m
Yi Samuel Ge
Senior Vice President of Field Applications of Excelpoint Systems (H.K.) Limitedno datano datano data
Tung Chan
Senior VP of Operations of Excelpoint Systems (Pte) Ltd & Assistant to CEO4.08yrsno datano data
Cher Liang Tan
Company Secretaryno datano datano data

5.3yrs

Average Tenure

57yo

Average Age

Experienced Management: BDF's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yong Phuay
Founderno datano data42.05% $15.1m
Yong Phuay
Executive Director & Group VP of Sales3.58yrsno data0.12% $43.4k
Fei Kwok
Executive Director3.58yrsno data0.69% $249.1k
Wai Kwan
Executive Director18.92yrsno data5.23% $1.9m
Teck Seng Low
Independent Non-Executive Director14yrsno data0.084% $30.0k
Thiam Hock Kwah
Lead Independent Director6.17yrsno data0.084% $30.0k
Fook Choy Wong
Independent Non-Executive Director16.42yrsno data0.10% $36.0k
Su Nee Khoo
Independent Non-Executive Director3.58yrsno data0.033% $12.0k

6.2yrs

Average Tenure

59.5yo

Average Age

Experienced Board: BDF's board of directors are considered experienced (6.2 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Excelpoint Technology Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Excelpoint Technology Ltd.
  • Ticker: BDF
  • Exchange: SGX
  • Founded: 1987
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: S$35.921m
  • Shares outstanding: 119.74m
  • Website: https://www.excelpoint.com

Number of Employees


Location

  • Excelpoint Technology Ltd.
  • No. 06-00, 15 Changi Business Park Central 1
  • Singapore
  • 486057
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BDFSGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 2004

Biography

Excelpoint Technology Ltd., an investment holding company, provides electronic components, and engineering design, and supply chain management services. The company is involved in the trading of electronic components; and provision of marketing and technical support services. It offers wireless connectivity and DSP audio enhancement implementation solutions that are used in portable wireless speakers, wireless music headphones, mini combos, sound bar and wireless subwoofers, and audio transmitter dongles; wearable devices and accessories for iPhone and iPad; solutions of Bluetooth enabled massage chairs and lost-and-found tags; and entry-level and mid-tier platforms for wearables and smart accessories applications. The company also provides automotive solutions, including the development of reference car infotainment systems and core boards, which support GPS for navigation, video playback, Bluetooth headset and handfree, Bluetooth music streaming, rearview camera, etc.; connectivity solutions comprising BLE, Bluetooth, BLE/Bluetooth combo, embedded Wi-Fi, and sub-Ghz modules for smart homes; and electric power quality analyzer systems. It serves original equipment manufacturers, original design manufacturers, and electronics manufacturing service providers in Hong Kong, the People’s Republic of China, Southeast Asia, India, and internationally. The company was founded in 1987 and is headquartered in Singapore. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 12:42
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.