Catalist:5PF

Stock Analysis Report

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Executive Summary

Jason Marine Group Limited, an investment holding company, provides marine electronics systems integration and support services for the marine and offshore oil and gas industries. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: Insufficient data to determine 5PF's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine 5PF's volatility change over the past year.


Market Performance


7 Day Return

0%

5PF

-1.9%

SG Shipping

1.2%

SG Market


1 Year Return

20.3%

5PF

8.9%

SG Shipping

-10.1%

SG Market

Return vs Industry: 5PF exceeded the SG Shipping industry which returned 8.9% over the past year.

Return vs Market: 5PF exceeded the SG Market which returned -10.1% over the past year.


Shareholder returns

5PFIndustryMarket
7 Day0%-1.9%1.2%
30 Day8.8%16.3%5.5%
90 Dayn/a25.2%17.7%
1 Year24.5%20.3%25.3%8.9%-5.3%-10.1%
3 Year10.3%-1.3%16.6%-4.6%-10.8%-21.7%
5 Year-5.4%-15.4%-42.0%-49.3%28.4%4.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Jason Marine 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: 5PF (SGD0.15) is trading below our estimate of fair value (SGD6.35)

Significantly Below Fair Value: 5PF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 5PF is good value based on its PE Ratio (7.9x) compared to the SG Shipping industry average (9.3x).

PE vs Market: 5PF is good value based on its PE Ratio (7.9x) compared to the SG market (15x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5PF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5PF is good value based on its PB Ratio (0.6x) compared to the SG Shipping industry average (0.8x).


Next Steps

Future Growth

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

23.4%

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 Jason Marine 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 Jason Marine Group performed over the past 5 years?

67.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5PF has a large one-off gain of SGD1.7M impacting its September 30 2020 financial results.

Growing Profit Margin: 5PF's current net profit margins (7%) are lower than last year (13.6%).


Past Earnings Growth Analysis

Earnings Trend: 5PF has become profitable over the past 5 years, growing earnings by 67.5% per year.

Accelerating Growth: 5PF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 5PF had negative earnings growth (-54.8%) over the past year, making it difficult to compare to the Shipping industry average (0.2%).


Return on Equity

High ROE: 5PF's Return on Equity (7.9%) is considered low.


Next Steps

Financial Health

How is Jason Marine Group's financial position?


Financial Position Analysis

Short Term Liabilities: 5PF's short term assets (SGD34.0M) exceed its short term liabilities (SGD10.7M).

Long Term Liabilities: 5PF's short term assets (SGD34.0M) exceed its long term liabilities (SGD47.0K).


Debt to Equity History and Analysis

Debt Level: 5PF is debt free.

Reducing Debt: 5PF has not had any debt for past 5 years.

Debt Coverage: 5PF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 5PF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Jason Marine Group current dividend yield, its reliability and sustainability?

3.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 5PF's dividend (3.38%) is higher than the bottom 25% of dividend payers in the SG market (2.17%).

High Dividend: 5PF's dividend (3.38%) is low compared to the top 25% of dividend payers in the SG market (5%).


Stability and Growth of Payments

Stable Dividend: 5PF's dividend payments have been volatile in the past 10 years.

Growing Dividend: 5PF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.6%), 5PF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Joseph Foo (69 yo)

2.75yrs

Tenure

Mr. Chew Tuck Foo, also known as Joseph, is the Founder of Jason Marine Group Limited and serves as its Executive Chairman. Mr. Foo has been Chief Executive Officer of Jason Marine Group Limited since Apri...


Leadership Team

NamePositionTenureCompensationOwnership
Chew Foo
Founder2.75yrsno data77.43%
SGD 12.0m
Kwok Yuan Chan
Financial Controller2.17yrsno datano data
Roland Hee
Senior Sales Managerno datano datano data
Nam Ho
Head of In-House Engineering Supportno datano datano data
Koon Sing Teo
Head of Energy of the Group1.75yrsno data0.00095%
SGD 147.6
Chee Keong Lim
Head of Marine of the Group1.75yrsno data0.19%
SGD 30.0k
Mi Keay Pan
Joint Company Secretary10.92yrsno datano data
Sien Ting Wong
Joint Company Secretary1yrno datano data

2.0yrs

Average Tenure

Experienced Management: 5PF's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Chew Foo
Founder2.75yrsno data77.43%
SGD 12.0m
Hang Boon Sin
Independent Director11.33yrsS$60.00kno data
Hin Sun Wong
Non-Executive Director11.33yrsS$50.00k2.52%
SGD 392.2k
Bee Kiew Tay-Tan
Lead Independent Non-Executive Director6.67yrsS$62.50kno data

11.3yrs

Average Tenure

68yo

Average Age

Experienced Board: 5PF's board of directors are seasoned and experienced ( 11.3 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

Jason Marine Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jason Marine Group Limited
  • Ticker: 5PF
  • Exchange: Catalist
  • Founded: 1976
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: S$15.540m
  • Shares outstanding: 105.00m
  • Website: https://www.jason.com.sg

Number of Employees


Location

  • Jason Marine Group Limited
  • 194 Pandan Loop
  • No. 06-05, Pantech Business Hub
  • Singapore
  • 128383
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5PFCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDOct 2009

Biography

Jason Marine Group Limited, an investment holding company, provides marine electronics systems integration and support services for the marine and offshore oil and gas industries. The company operates in S...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/20 11:13
End of Day Share Price2020/12/23 00:00
Earnings2020/09/30
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.