Catalist:595

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Executive Summary

GKE Corporation Limited, an investment holding company, provides warehousing and logistic services in Singapore and the People’s Republic of China. More Details


Snowflake Analysis

Fair value with acceptable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 595 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

595

1.9%

SG Logistics

-0.09%

SG Market


1 Year Return

56.9%

595

-27.9%

SG Logistics

-21.9%

SG Market

Return vs Industry: 595 exceeded the SG Logistics industry which returned -27.9% over the past year.

Return vs Market: 595 exceeded the SG Market which returned -21.9% over the past year.


Shareholder returns

595IndustryMarket
7 Day0%1.9%-0.09%
30 Day2.6%6.5%1.8%
90 Day9.6%-7.5%-1.8%
1 Year56.9%56.9%-26.5%-27.9%-17.6%-21.9%
3 Year-22.3%-22.3%-42.0%-45.8%-20.1%-29.8%
5 Year0%-5.9%-7.6%-16.3%-5.0%-22.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is GKE 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: 595 (SGD0.08) is trading below our estimate of fair value (SGD1.63)

Significantly Below Fair Value: 595 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 595 is good value based on its PE Ratio (13.2x) compared to the XA Logistics industry average (19.9x).

PE vs Market: 595's PE Ratio (13.2x) is in line with the SG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 595's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 595's PB Ratio (0.8x) is in line with the SG Logistics industry average.


Next Steps

Future Growth

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

17.0%

Forecasted Transportation 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 GKE 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 GKE performed over the past 5 years?

6.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 595 has high quality earnings.

Growing Profit Margin: 595 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 595 has become profitable over the past 5 years, growing earnings by 6.8% per year.

Accelerating Growth: 595 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 595 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Logistics industry (1.1%).


Return on Equity

High ROE: 595's Return on Equity (5.9%) is considered low.


Next Steps

Financial Health

How is GKE's financial position?


Financial Position Analysis

Short Term Liabilities: 595's short term assets (SGD60.0M) exceed its short term liabilities (SGD43.5M).

Long Term Liabilities: 595's short term assets (SGD60.0M) do not cover its long term liabilities (SGD71.6M).


Debt to Equity History and Analysis

Debt Level: 595's debt to equity ratio (83.6%) is considered high.

Reducing Debt: 595's debt to equity ratio has reduced from 85.6% to 83.6% over the past 5 years.

Debt Coverage: 595's debt is well covered by operating cash flow (34.4%).

Interest Coverage: 595's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


Next Steps

Dividend

What is GKE current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 595's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 595'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 595's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 595's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 595 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 595'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?

8.7yrs

Average management tenure


CEO

Cheow Hui Neo (52 yo)

8.75yrs

Tenure

Mr. Cheow Hui Neo has been the Chief Executive Officer at GKE Corporation Limited (formerly, Van der Horst Energy Limited) since January 3, 2012. Mr. Neo serves as the Managing Director of GKE Private Limi ...


Leadership Team

NamePositionTenureCompensationOwnership
Cheow Hui Neo
CEO & Executive Director8.75yrsno data3.61%
SGD 2.2m
Yong Hua Chen
Executive Chairman8.75yrsno data8.67%
SGD 5.4m
Wei Chye Chua
Chief Financial Officer1.92yrsno datano data
Zi Yan Li
Investment Manager8.67yrsno data3.92%
SGD 2.4m
Hwee Hoon Chai
Group General Manager16.75yrsS$100.00k0.90%
SGD 560.0k
Wen Hua Qian
Executive Director5.58yrsno data7.32%
SGD 4.5m
Sey Liy Tan
Company Secretary7.42yrsno datano data
Hwee Neo
Managing Director of GKE Warehousing & Logistics Pte Ltd9.75yrsS$100.00k2.72%
SGD 1.7m
Cheng Chye Toh
Group Finance Managerno datano datano data

8.7yrs

Average Tenure

49yo

Average Age

Experienced Management: 595's management team is seasoned and experienced (8.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Cheow Hui Neo
CEO & Executive Director8.75yrsno data3.61%
SGD 2.2m
Yong Hua Chen
Executive Chairman8.75yrsno data8.67%
SGD 5.4m
Wen Hua Qian
Executive Director5.58yrsno data7.32%
SGD 4.5m
Soo Chew Loy
Lead Independent Director1.5yrsno datano data
Thiam Chwee Chua
Independent Director5.08yrsno datano data
Ying Ming Ho
Independent Director5.08yrsno datano data
Quee Quee Wong
Independent Director1.5yrsno datano data

5.1yrs

Average Tenure

49yo

Average Age

Experienced Board: 595's board of directors are considered experienced (5.1 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

GKE Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GKE Corporation Limited
  • Ticker: 595
  • Exchange: Catalist
  • Founded: 1995
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: S$62.014m
  • Shares outstanding: 775.17m
  • Website: https://www.gke.com.sg

Location

  • GKE Corporation Limited
  • No. 06-01, 39 Benoi Road
  • Singapore
  • 627725
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
595Catalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJan 2003

Biography

GKE Corporation Limited, an investment holding company, provides warehousing and logistic services in Singapore and the People’s Republic of China. The company’s Third Party Logistics segment offers variou ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 14:55
End of Day Share Price2020/10/26 00:00
Earnings2020/05/31
Annual Earnings2020/05/31


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.