SGX:QS9

Stock Analysis Report

Global Invacom Group

Executive Summary

Global Invacom Group Limited, an investment holding company, engages in the research and development, design, and supply of integrated satellite communications equipment in the United States, Europe, Asia, and internationally.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Global Invacom Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: QS9's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

12.2%

QS9

-6.7%

SG Communications

-4.8%

SG Market


1 Year Return

83.3%

QS9

-25.3%

SG Communications

-29.0%

SG Market

Return vs Industry: QS9 exceeded the SG Communications industry which returned -22.3% over the past year.

Return vs Market: QS9 exceeded the SG Market which returned -27.1% over the past year.


Shareholder returns

QS9IndustryMarket
7 Day12.2%-6.7%-4.8%
30 Day-42.1%-29.3%-20.7%
90 Day-63.8%-37.2%-27.1%
1 Year83.3%83.3%-22.2%-25.3%-26.0%-29.0%
3 Year-62.3%-62.3%-39.7%-45.1%-21.4%-29.7%
5 Year-83.3%-83.6%-53.9%-67.8%-20.4%-33.9%

Price Volatility Vs. Market

How volatile is Global Invacom Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Global Invacom Group 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: QS9 (SGD0.06) is trading below our estimate of fair value (SGD3.23)

Significantly Below Fair Value: QS9 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: QS9 is unprofitable, so we can't compare its PE Ratio to the Communications industry average.

PE vs Market: QS9 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 QS9's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: QS9 is good value based on its PB Ratio (0.2x) compared to the SG Communications industry average (0.6x).


Next Steps

Future Growth

How is Global Invacom Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.8%

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 Global Invacom Group 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 Global Invacom Group performed over the past 5 years?

-10.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QS9 is currently unprofitable.

Growing Profit Margin: QS9 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QS9 is unprofitable, and losses have increased over the past 5 years at a rate of -10.5% per year.

Accelerating Growth: Unable to compare QS9's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: QS9 is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (1.1%).


Return on Equity

High ROE: QS9 has a negative Return on Equity (-27.89%), as it is currently unprofitable.


Next Steps

Financial Health

How is Global Invacom Group's financial position?


Financial Position Analysis

Short Term Liabilities: QS9's short term assets ($56.5M) exceed its short term liabilities ($34.0M).

Long Term Liabilities: QS9's short term assets ($56.5M) exceed its long term liabilities ($6.5M).


Debt to Equity History and Analysis

Debt Level: QS9's debt to equity ratio (20.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if QS9's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: QS9 has a high level of physical assets or inventory.

Debt Coverage by Assets: QS9's debt is covered by short term assets (assets are 6.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: QS9 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: QS9 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Global Invacom Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate QS9's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate QS9'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 QS9's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if QS9's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: QS9 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of QS9'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?

3.0yrs

Average management tenure


CEO

Tony Taylor (57yo)

no data

Tenure

Mr. Anthony Brian Taylor, also known as Tony, serves as the Chief Executive Officer and Executive Chairman of Global Invacom Group Limited. Mr. Taylor is the Managing Director at Global Invacom Limited sin ...


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Taylor
Executive Chairman & CEOno datano data4.1% $612.7k
Matthew Jonathan Garner
CFO & Executive Director6yrsno datano data
Malcolm Burrell
CTO & Executive Director9.67yrsno data4.1% $612.7k
Gordon Blaikie
Chief Operating Officer4.17yrsno datano data
Wong Fern
Group Financial Controllerno datano datano data
Loo Ping Yoo
Company Secretary0.083yrno datano data

3.0yrs

Average Tenure

57yo

Average Age

Experienced Management: QS9's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anthony Taylor
Executive Chairman & CEOno datano data4.1% $612.7k
Matthew Jonathan Garner
CFO & Executive Director6yrsno datano data
Malcolm Burrell
CTO & Executive Director9.67yrsno data4.1% $612.7k
Yew Kong Lim
Lead Independent Directorno dataUS$105.00k0.0055% $824.8
Basil Chan
Independent Director8yrsUS$94.50k0.061% $9.1k
Cosimo Borrelli
Independent Director10.33yrsUS$94.50kno data
Mong Keang Sim
Non-Independent Non-Executive Director4.58yrsUS$52.50kno data

8.8yrs

Average Tenure

57yo

Average Age

Experienced Board: QS9's board of directors are considered experienced (8.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: QS9 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Global Invacom Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Global Invacom Group Limited
  • Ticker: QS9
  • Exchange: SGX
  • Founded: 1985
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: S$14.941m
  • Shares outstanding: 271.66m
  • Website: https://www.globalinvacom.com

Number of Employees


Location

  • Global Invacom Group Limited
  • Suntec Tower Three
  • No. 18-02A, 8 Temasek Boulevard
  • Singapore
  • 38988
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QS9SGX (Singapore Exchange)YesNew Ordinary SharesSGSGDJul 2012
GINVAIM (London Stock Exchange AIM Market)YesNew Ordinary SharesGBGBPJul 2012

Biography

Global Invacom Group Limited, an investment holding company, engages in the research and development, design, and supply of integrated satellite communications equipment in the United States, Europe, Asia, and internationally. The company operates through Satellite Communications and Contract Manufacturing segments. It offers low noise blocks; very small aperture terminals (VSAT); video distribution systems; in home distribution systems; fiber integrated reception systems; antennas; accessories, such as fiber splitters, termination and installation products, cleaning kits, fiber optic cable solutions, cleaving and splicing solutions, and test and measurement equipment; and rack mount products for use in uplink stations, cable heads, SNGV's, Ob trucks, GPS, VSAT, and teleports. The company also provides electronics manufacturing services, as well as radio frequency over fiber solutions for commercial, government, and military markets; and supplies custom and bespoke products in various technology areas. In addition, it designs and manufactures precision microwave waveguide components and applications. Further, the company designs products for the reception and transmission of satellite signals; and provides technical support services. It serves broadcasters and data over satellite providers. Global Invacom Group Limited was founded in 1985 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 Analysis2020/04/06 13:22
End of Day Share Price2020/04/03 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.