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

Fundamentals

Undervalued with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-2.3%

BDF

2.2%

SG Electronic

0.4%

SG Market


1 Year Return

-28.3%

BDF

0.8%

SG Electronic

0.9%

SG Market

Return vs Industry: BDF underperformed the SG Electronic industry which returned 0.8% over the past year.

Return vs Market: BDF underperformed the SG Market which returned 0.9% over the past year.


Shareholder returns

BDFIndustryMarket
7 Day-2.3%2.2%0.4%
30 Day-8.5%1.7%-0.7%
90 Day-19.6%-1.5%-6.4%
1 Year-23.5%-28.3%6.4%0.8%5.0%0.9%
3 Year51.2%24.6%67.1%44.6%15.2%2.9%
5 Year7.6%-24.6%70.1%36.4%11.2%-7.2%

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 (SGD0.43) is trading below our estimate of fair value (SGD22.93)

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


Price To Earnings Ratio

PE vs Industry: BDF is good value based on its PE Ratio (6.7x) compared to the Electronic industry average (11x).

PE vs Market: BDF is good value based on its PE Ratio (6.7x) compared to the SG market (13.4x).


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 (0.5x) compared to the SG Electronic industry average (0.8x).


Next Steps

Future Growth

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

5.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BDF's forecast earnings growth (5.7% per year) is above the savings rate (2.3%).

Earnings vs Market: BDF's earnings (5.7% per year) are forecast to grow faster than the SG market (5.6% per year).

High Growth Earnings: BDF's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if BDF's revenue is forecast to grow faster than the SG market.

High Growth Revenue: Insufficient data to determine if BDF's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BDF's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Excelpoint Technology performed over the past 5 years?

6.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BDF's earnings have grown by 6.2% 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 (-37.7%) over the past year, making it difficult to compare to the Electronic industry average (1.2%).


Return on Equity

High ROE: BDF's Return on Equity (7.4%) is considered low.


Return on Assets

ROA vs Industry: BDF's Return on Assets is below or equal to the Electronic industry average last year.


Return on Capital Employed

ROCE Improving: BDF has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Excelpoint Technology's financial position?


Financial Position Analysis

Short Term Liabilities: BDF's short term assets ($328.8M) exceeds its short term liabilities ($264.9M)

Long Term Liabilities: BDF's short term assets (328.8M) exceeds its long term liabilities (2.4M)


Debt to Equity History and Analysis

Debt Level: BDF's debt to equity ratio (170.2%) is considered high

Reducing Debt: BDF's debt to equity ratio has increased from 128.5% to 170.2% over the past 5 years.

Debt Coverage: BDF's debt is well covered by operating cash flow (37.1%).

Interest Coverage: BDF's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet

Inventory Level: BDF has a high level of physical assets or inventory.

Debt Coverage by Assets: BDF's debt is covered by short term assets (assets are 2.540590x debt).


Next Steps

Dividend

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

9.10%

Current Dividend Yield


Dividend Yield vs Market

company9.1%marketbottom25%2.5%markettop25%5.7%industryaverage4.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BDF's dividend (9.1%) is higher than the bottom 25% of dividend payers in the SG market (2.54%).

High Dividend: BDF's dividend (9.1%) is in the top 25% of dividend payers in the SG market (5.7%)

Stable Dividend: BDF has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: BDF's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (46.7%), BDF'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

What is the CEO of Excelpoint Technology's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Albert Phuay (62yo)

0yrs

Tenure

0

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  ...


Management Age and Tenure

4.8yrs

Average Tenure

57yo

Average Age

Experienced Management: BDF's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

5.7yrs

Average Tenure

62yo

Average Age

Experienced Board: BDF's board of directors are considered experienced (5.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Ivan Lee

    Group Chief Financial Officer

    • Tenure: 0yrs
  • Sebastian Tan (67yo)

    Company Secretary

    • Tenure: 0yrs
  • Herbert Kwok (53yo)

    Executive Director

    • Tenure: 3.1yrs
  • Alan Kwan (57yo)

    Executive Director

    • Tenure: 18.4yrs
  • Albert Phuay (62yo)

    Founder

    • Tenure: 0yrs
  • Yong Phuay (57yo)

    Group Senior Vice President of Human Resources & Administration

    • Tenure: 3.8yrs
  • Yi Samuel Ge (62yo)

    Senior Vice President of Field Applications of Excelpoint Systems (H.K.) Limited

    • Tenure: 0yrs
  • Tonny Phuay (49yo)

    Executive Director & Group VP of Sales

    • Tenure: 3.1yrs
  • Stanley Chan

    Senior VP of Operations of Excelpoint Systems (Pte) Ltd & Assistant to CEO

    • Tenure: 3.6yrs
  • Li Phuay (29yo)

    Deputy Director of Corporate Development

    • Tenure: 5.8yrs

Board Members

  • Teck Seng Low (64yo)

    Independent Non-Executive Director

    • Tenure: 13.5yrs
  • Thiam Hock Kwah (73yo)

    Lead Independent Director

    • Tenure: 5.7yrs
  • Herbert Kwok (53yo)

    Executive Director

    • Tenure: 3.1yrs
  • Alan Kwan (57yo)

    Executive Director

    • Tenure: 18.4yrs
  • Albert Phuay (62yo)

    Founder

    • Tenure: 0yrs
  • Tonny Phuay (49yo)

    Executive Director & Group VP of Sales

    • Tenure: 3.1yrs
  • Sunny Wong (63yo)

    Independent Non-Executive Director

    • Tenure: 15.9yrs
  • Joanne Khoo

    Independent Non-Executive Director

    • Tenure: 3.1yrs

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$51.287m
  • Shares outstanding: 119.27m
  • 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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 12:33
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.