CJLU Stock Overview
NetLink NBN Trust owns, designs, builds, and operates the passive fibre network infrastructure for residential homes and non-residential premises, and non-building address point (NBAP) connections in mainland Singapore and its connected islands.
NetLink NBN Trust Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.97|
|52 Week High||S$1.03|
|52 Week Low||S$0.94|
|1 Month Change||-3.96%|
|3 Month Change||0.52%|
|1 Year Change||1.57%|
|3 Year Change||16.87%|
|5 Year Change||n/a|
|Change since IPO||19.75%|
Recent News & Updates
The NetLink NBN Trust (SGX:CJLU) Annual Results Are Out And Analysts Have Published New Forecasts
As you might know, NetLink NBN Trust ( SGX:CJLU ) recently reported its yearly numbers. It looks like the results were...
Returns On Capital Are Showing Encouraging Signs At NetLink NBN Trust (SGX:CJLU)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
|CJLU||SG Telecom||SG Market|
Return vs Industry: CJLU underperformed the SG Telecom industry which returned 11.4% over the past year.
Return vs Market: CJLU exceeded the SG Market which returned -1.8% over the past year.
|CJLU Average Weekly Movement||1.5%|
|Telecom Industry Average Movement||5.0%|
|Market Average Movement||5.0%|
|10% most volatile stocks in SG Market||11.8%|
|10% least volatile stocks in SG Market||2.4%|
Stable Share Price: CJLU is less volatile than 75% of SG stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: CJLU's weekly volatility (1%) has been stable over the past year.
About the Company
NetLink NBN Trust owns, designs, builds, and operates the passive fibre network infrastructure for residential homes and non-residential premises, and non-building address point (NBAP) connections in mainland Singapore and its connected islands. Its passive fibre network infrastructure includes ducts, manholes, fibre cables, and central offices. As of March 31, 2021, it had an approximately 1,446,784 residential; 48,108 non-residential; and 1,996 NBAP end-user connections.
NetLink NBN Trust Fundamentals Summary
|CJLU fundamental statistics|
Is CJLU overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CJLU income statement (TTM)|
|Cost of Revenue||S$63.19m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.023|
|Net Profit Margin||24.04%|
How did CJLU perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Is NetLink NBN Trust undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CJLU (SGD0.97) is trading below our estimate of fair value (SGD1.51)
Significantly Below Fair Value: CJLU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CJLU is poor value based on its Price-To-Earnings Ratio (41.4x) compared to the Asian Telecom industry average (17.8x).
PE vs Market: CJLU is poor value based on its Price-To-Earnings Ratio (41.4x) compared to the SG market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: CJLU is poor value based on its PEG Ratio (10.1x)
Price to Book Ratio
PB vs Industry: CJLU is good value based on its Price-To-Book Ratio (1.4x) compared to the XA Telecom industry average (2.1x).
How is NetLink NBN Trust forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CJLU's forecast earnings growth (4.1% per year) is above the savings rate (1.8%).
Earnings vs Market: CJLU's earnings (4.1% per year) are forecast to grow slower than the SG market (11.4% per year).
High Growth Earnings: CJLU's earnings are forecast to grow, but not significantly.
Revenue vs Market: CJLU's revenue (1.3% per year) is forecast to grow slower than the SG market (7.5% per year).
High Growth Revenue: CJLU's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CJLU's Return on Equity is forecast to be low in 3 years time (4.3%).
How has NetLink NBN Trust performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CJLU has high quality earnings.
Growing Profit Margin: CJLU's current net profit margins (24%) are lower than last year (25.6%).
Past Earnings Growth Analysis
Earnings Trend: CJLU's earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: CJLU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CJLU had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Telecom industry average (17.9%).
Return on Equity
High ROE: CJLU's Return on Equity (3.4%) is considered low.
How is NetLink NBN Trust's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CJLU's short term assets (SGD255.3M) do not cover its short term liabilities (SGD277.2M).
Long Term Liabilities: CJLU's short term assets (SGD255.3M) do not cover its long term liabilities (SGD1.0B).
Debt to Equity History and Analysis
Debt Level: CJLU's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: CJLU's debt to equity ratio has increased from 16.6% to 24.4% over the past 5 years.
Debt Coverage: CJLU's debt is well covered by operating cash flow (39%).
Interest Coverage: CJLU's interest payments on its debt are well covered by EBIT (11.2x coverage).
What is NetLink NBN Trust current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CJLU's dividend (5.3%) is higher than the bottom 25% of dividend payers in the SG market (2.24%).
High Dividend: CJLU's dividend (5.3%) is low compared to the top 25% of dividend payers in the SG market (6.03%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CJLU has been paying a dividend for less than 10 years.
Growing Dividend: CJLU's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (219.1%), CJLU's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.4%), CJLU's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yew Tong (58 yo)
Mr. Yew Heng Tong is Chief Executive Officer of Netlink NBN Management Pte. Ltd. at NetLink NBN Trust and has been its Executive Director of Netlink NBN Management Pte.Ltd. since February 21, 2017. Mr. To...
CEO Compensation Analysis
Compensation vs Market: Yew's total compensation ($USD1.08M) is about average for companies of similar size in the SG market ($USD1.11M).
Compensation vs Earnings: Yew's compensation has been consistent with company performance over the past year.
Experienced Board: CJLU's board of directors are considered experienced (5.2 years average tenure).
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.
NetLink NBN Trust's employee growth, exchange listings and data sources
- Name: NetLink NBN Trust
- Ticker: CJLU
- Exchange: SGX
- Founded: 2017
- Industry: Alternative Carriers
- Sector: Telecom
- Implied Market Cap: S$3.780b
- Shares outstanding: 3.90b
- Website: https://www.netlinknbn.com
Number of Employees
- NetLink NBN Trust
- 750E Chai Chee Road
- No. 07-03, ESR BizPark @ Chai Chee
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/28 00:00|
|End of Day Share Price||2022/05/27 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.