Procurri Corporation Limited provides data center equipment and information technology (IT) lifecycle services. More Details
+ 1 more risk
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Procurri's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BVQ is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BVQ's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BVQ underperformed the SG Electronic industry which returned 8.1% over the past year.
Return vs Market: BVQ underperformed the SG Market which returned 19.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Procurri's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIntroducing Procurri (SGX:BVQ), A Stock That Climbed 23% In The Last Year
2 months ago | Simply Wall StIs The Market Rewarding Procurri Corporation Limited (SGX:BVQ) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
3 months ago | Simply Wall StProcurri's (SGX:BVQ) Soft Earnings Are Actually Better Than They Appear
Is Procurri 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: BVQ (SGD0.32) is trading below our estimate of fair value (SGD2.81)
Significantly Below Fair Value: BVQ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BVQ is poor value based on its PE Ratio (34.7x) compared to the SG Electronic industry average (13.7x).
PE vs Market: BVQ is poor value based on its PE Ratio (34.7x) compared to the SG market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BVQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BVQ is overvalued based on its PB Ratio (1.8x) compared to the SG Electronic industry average (0.8x).
How is Procurri 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 Procurri 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.
How has Procurri performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BVQ has a large one-off gain of SGD5.0M impacting its December 31 2020 financial results.
Growing Profit Margin: BVQ's current net profit margins (1.2%) are lower than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: BVQ's earnings have declined by 15.9% per year over the past 5 years.
Accelerating Growth: BVQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BVQ had negative earnings growth (-28.5%) over the past year, making it difficult to compare to the Electronic industry average (4.6%).
Return on Equity
High ROE: BVQ's Return on Equity (5.1%) is considered low.
How is Procurri's financial position?
Financial Position Analysis
Short Term Liabilities: BVQ's short term assets (SGD102.8M) exceed its short term liabilities (SGD63.7M).
Long Term Liabilities: BVQ's short term assets (SGD102.8M) exceed its long term liabilities (SGD13.5M).
Debt to Equity History and Analysis
Debt Level: BVQ's debt to equity ratio (40.1%) is considered high.
Reducing Debt: BVQ's debt to equity ratio has reduced from 69.7% to 40.1% over the past 5 years.
Debt Coverage: BVQ's debt is well covered by operating cash flow (130.7%).
Interest Coverage: BVQ's interest payments on its debt are not well covered by EBIT (0.1x coverage).
What is Procurri current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BVQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BVQ'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 BVQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BVQ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BVQ is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BVQ's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Thomas Sean Murphy (54 yo)
Mr. Thomas Sean Murphy serves as the Global Chief Executive Officer of Procurri Corp. Ltd since January 2, 2014. Mr. Murphy is Executive Chairman of Procurri and Director since January 2, 2014. Mr. Murphy ...
Experienced Management: BVQ's management team is considered experienced (3.3 years average tenure).
Experienced Board: BVQ's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Procurri Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Procurri Corporation Limited
- Ticker: BVQ
- Exchange: SGX
- Founded: 2009
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: S$94.156m
- Shares outstanding: 294.24m
- Website: https://www.procurri.com
Number of Employees
- Procurri Corporation Limited
- 29 Tai Seng Avenue
- No. 02-01 Natural Cool Lifestyle Hub
Procurri Corporation Limited provides data center equipment and information technology (IT) lifecycle services. It operates through two segments, IT Distribution and Lifecycle Services. The company distrib...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/28 18:13|
|End of Day Share Price||2021/07/28 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.