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Willas-Array Electronics (Holdings)

Executive Summary

Willas-Array Electronics (Holdings) Limited, an investment holding company, distributes electronic components for industrial, audio and video, telecommunication, home appliances, lighting, electronic manufacturing, and automotive segments. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Willas-Array Electronics (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

1.3%

BDR

-0.6%

SG Electronic

-1.3%

SG Market


1 Year Return

-18.1%

BDR

19.9%

SG Electronic

-21.4%

SG Market

Return vs Industry: BDR underperformed the SG Electronic industry which returned 19.9% over the past year.

Return vs Market: BDR exceeded the SG Market which returned -21.4% over the past year.


Shareholder returns

BDRIndustryMarket
7 Day1.3%-0.6%-1.3%
30 Day1.3%8.7%0.9%
90 Day24.2%11.1%-3.4%
1 Year-18.1%-18.1%24.4%19.9%-17.1%-21.4%
3 Year-52.3%-58.1%5.7%-7.3%-19.9%-29.6%
5 Year-8.1%-24.4%122.8%75.7%-6.4%-23.4%

Price Volatility Vs. Market

How volatile is Willas-Array Electronics (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Willas-Array Electronics (Holdings) 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: BDR (SGD0.39) is trading below our estimate of fair value (SGD2.8)

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


Price To Earnings Ratio

PE vs Industry: BDR is unprofitable, so we can't compare its PE Ratio to the SG Electronic industry average.

PE vs Market: BDR 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 BDR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BDR is good value based on its PB Ratio (0.3x) compared to the SG Electronic industry average (0.8x).


Next Steps

Future Growth

How is Willas-Array Electronics (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.4%

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 Willas-Array Electronics (Holdings) 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 Willas-Array Electronics (Holdings) performed over the past 5 years?

-10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BDR is currently unprofitable.

Growing Profit Margin: BDR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BDR is unprofitable, and losses have increased over the past 5 years at a rate of 10.8% per year.

Accelerating Growth: Unable to compare BDR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BDR is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-14.1%).


Return on Equity

High ROE: BDR has a negative Return on Equity (-7.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Willas-Array Electronics (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: BDR's short term assets (HK$1.3B) exceed its short term liabilities (HK$1.0B).

Long Term Liabilities: BDR's short term assets (HK$1.3B) exceed its long term liabilities (HK$34.4M).


Debt to Equity History and Analysis

Debt Level: BDR's debt to equity ratio (117.7%) is considered high.

Reducing Debt: BDR's debt to equity ratio has reduced from 156.9% to 117.7% over the past 5 years.

Debt Coverage: BDR's debt is well covered by operating cash flow (28.7%).

Interest Coverage: Insufficient data to determine if BDR's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Willas-Array Electronics (Holdings) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BDR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BDR's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BDR'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?

6.8yrs

Average board tenure


CEO

Alvin Hon (57 yo)

6.25yrs

Tenure

HK$1,657,000

Compensation

Mr. Hon Kar Chun, also known as Alvin, has been Managing Director of Willas-Array Electronics (Holdings) Limited since July 31, 2014. Mr. Hon served as Deputy Managing Director of Sales & Marketing of Will ...


CEO Compensation Analysis

Compensation vs Market: Alvin's total compensation ($USD213.80K) is below average for companies of similar size in the SG market ($USD377.17K).

Compensation vs Earnings: Alvin's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Chun Wah Leung
Chairman of the Board 19.75yrsHK$3.37m25.76%
HK$ 8.4m
Kar Chun Hon
MD & Executive Director6.25yrsHK$1.66m0.38%
HK$ 124.0k
Chan Cheung Kwok
Deputy Chairman19.75yrsHK$2.59m10.24%
HK$ 3.4m
Hon Shing Leung
CFO, Company Secretary & Executive Director6.25yrsHK$1.46m0.32%
HK$ 105.8k
Chi Hang Leung
Deputy MD of Human Resources0.42yrno datano data
Lee Meng Lim
Independent Non-Executive Director0.42yrno datano data
Kwan Seng Wong
Lead Independent Director5.42yrsHK$340.00kno data
Po Chan Iu
Independent Non-Executive Director7.33yrsHK$340.00kno data

6.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: BDR's board of directors are considered experienced (6.8 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

Willas-Array Electronics (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Willas-Array Electronics (Holdings) Limited
  • Ticker: BDR
  • Exchange: SGX
  • Founded: 1981
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: S$32.805m
  • Shares outstanding: 85.21m
  • Website: https://www.willas-array.com

Number of Employees


Location

  • Willas-Array Electronics (Holdings) Limited
  • Wyler Centre
  • 24th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BDRSGX (Singapore Exchange)YesOrdinary SharesSGSGDJul 2001
854SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2001

Biography

Willas-Array Electronics (Holdings) Limited, an investment holding company, distributes electronic components for industrial, audio and video, telecommunication, home appliances, lighting, electronic manuf ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 12:58
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.