Jason Marine Group
Market Cap
S$15.0m
Last Updated
2020/10/26 14:46 UTC
Data Sources
Company Financials
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
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and good value.
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: 5PF's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
5PF
-4.8%
SG Shipping
-0.09%
SG Market
1 Year Return
2.1%
5PF
3.7%
SG Shipping
-21.9%
SG Market
Return vs Industry: 5PF underperformed the SG Shipping industry which returned 3.7% over the past year.
Return vs Market: 5PF exceeded the SG Market which returned -21.9% over the past year.
Shareholder returns
| 5PF | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -4.8% | -0.09% |
| 30 Day | 0% | -7.7% | 1.8% |
| 90 Day | n/a | -6.0% | -1.8% |
| 1 Year | 5.7%2.1% | 13.7%3.7% | -17.6%-21.9% |
| 3 Year | 17.6%5.1% | -5.7%-20.3% | -20.1%-29.8% |
| 5 Year | -17.9%-28.5% | -63.1%-67.4% | -5.0%-22.3% |
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 (SGD0.14) is trading below our estimate of fair value (SGD1.25)
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 (6.8x) compared to the SG Shipping industry average (7.3x).
PE vs Market: 5PF is good value based on its PE Ratio (6.8x) compared to the SG market (13.2x).
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's PB Ratio (0.6x) is in line with the SG Shipping industry average.
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?
18.1%
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
- Examine whether Jason Marine Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Transportation industry.
Past Performance
How has Jason Marine Group performed over the past 5 years?
37.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5PF has a large one-off gain of SGD2.2M impacting its March 31 2020 financial results.
Growing Profit Margin: 5PF's current net profit margins (7.3%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: 5PF's earnings have grown significantly by 37.9% per year over the past 5 years.
Accelerating Growth: 5PF's earnings growth over the past year (925.7%) exceeds its 5-year average (37.9% per year).
Earnings vs Industry: 5PF earnings growth over the past year (925.7%) exceeded the Shipping industry -10.6%.
Return on Equity
High ROE: 5PF's Return on Equity (8.8%) 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 (SGD30.6M) exceed its short term liabilities (SGD7.6M).
Long Term Liabilities: 5PF's short term assets (SGD30.6M) exceed its long term liabilities (SGD65.0K).
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?
3.50%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5PF's dividend (3.5%) is higher than the bottom 25% of dividend payers in the SG market (2.54%).
High Dividend: 5PF's dividend (3.5%) is low compared to the top 25% of dividend payers in the SG market (5.36%).
Stability and Growth of Payments
Stable Dividend: 5PF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 5PF's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.9%), 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?
1.7yrs
Average management tenure
CEO
Joseph Foo (69 yo)
2.5yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 2.5yrs | no data | 77.43% SGD 11.6m | |
| Financial Controller | 1.92yrs | no data | no data | |
| Senior Sales Manager | no data | no data | no data | |
| Head of In-House Engineering Support | no data | no data | no data | |
| Head of Energy of the Group | 1.5yrs | no data | 0.00095% SGD 142.6 | |
| Head of Marine of the Group | 1.5yrs | no data | 0.19% SGD 29.0k | |
| Joint Company Secretary | 10.67yrs | no data | no data | |
| Joint Company Secretary | 0.75yr | no data | no data |
1.7yrs
Average Tenure
Experienced Management: 5PF's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 2.5yrs | no data | 77.43% SGD 11.6m | |
| Independent Director | 11.08yrs | S$60.00k | no data | |
| Non-Executive Director | 11.08yrs | S$50.00k | 2.52% SGD 379.0k | |
| Lead Independent Non-Executive Director | 6.42yrs | S$62.50k | no data |
11.1yrs
Average Tenure
68yo
Average Age
Experienced Board: 5PF's board of directors are seasoned and experienced ( 11.1 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
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$15.015m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 5PF | Catalist (Singapore Exchange Catalist Market) | Yes | Ordinary Shares | SG | SGD | Oct 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/26 14:46 |
| End of Day Share Price | 2020/09/21 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.