Catalist:5CR

Stock Analysis Report

Asiatic Group (Holdings)

Executive Summary

Asiatic Group (Holdings) Limited, an investment holding company, provides engineering management services primarily in Singapore, Cambodia, and Malaysia.

Risk Analysis

Earnings have declined by -86.99% per year over past 5 years

Does not have a meaningful market cap (SGD12M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

+ 2 more risks


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Asiatic Group (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5CR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.3%

5CR

-0.02%

SG Renewable Energy

0.6%

SG Market


1 Year Return

-11.1%

5CR

-3.1%

SG Renewable Energy

-2.7%

SG Market

Return vs Industry: 5CR underperformed the SG Renewable Energy industry which returned -3.4% over the past year.

Return vs Market: 5CR underperformed the SG Market which returned -2.4% over the past year.


Shareholder returns

5CRIndustryMarket
7 Day14.3%-0.02%0.6%
30 Day0%-5.3%-3.3%
90 Day60.0%-2.9%-1.4%
1 Year-11.1%-11.1%0.09%-3.1%1.2%-2.7%
3 Year-46.7%-46.7%-8.7%-16.6%9.3%-2.3%
5 Year-71.7%-72.4%-14.2%-26.2%8.6%-9.7%

Price Volatility Vs. Market

How volatile is Asiatic Group (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Asiatic Group (Holdings) undervalued compared to its fair value and its price relative to the market?

0.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 5CR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 5CR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 5CR is unprofitable, so we can't compare its PE Ratio to the Renewable Energy industry average.

PE vs Market: 5CR 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 5CR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5CR is good value based on its PB Ratio (0.3x) compared to the XA Renewable Energy industry average (1x).


Next Steps

Future Growth

How is Asiatic Group (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.3%

Forecasted Utilities 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 Asiatic Group (Holdings) 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 Asiatic Group (Holdings) performed over the past 5 years?

-87.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5CR is currently unprofitable.

Growing Profit Margin: 5CR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 5CR is unprofitable, and losses have increased over the past 5 years at a rate of -87% per year.

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

Earnings vs Industry: 5CR is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (7.7%).


Return on Equity

High ROE: 5CR has a negative Return on Equity (-39.16%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Asiatic Group (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 5CR's short term assets (SGD14.8M) do not cover its short term liabilities (SGD34.1M).

Long Term Liabilities: 5CR's short term assets (SGD14.8M) exceed its long term liabilities (SGD3.7M).


Debt to Equity History and Analysis

Debt Level: 5CR's debt to equity ratio (45.1%) is considered high.

Reducing Debt: 5CR's debt to equity ratio has reduced from 72.9% to 45.1% over the past 5 years.


Balance Sheet

Inventory Level: 5CR has a high level of physical assets or inventory.

Debt Coverage by Assets: 5CR's debt is not covered by short term assets (assets are 0.7x 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: Insufficient data to determine if 5CR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 5CR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Asiatic Group (Holdings)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.6%markettop25%5.7%industryaverage3.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 5CR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 5CR'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 5CR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5CR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 5CR is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 5CR'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?

6.3yrs

Average board tenure


CEO

George Tan (58yo)

S$344,000

Compensation

Mr. Boon Kheng Tan, also known as George, serves as the Group Managing Director of Asiatic Group Holdings Ltd. Mr. Tan joined Asiatic Group Holdings Ltd. in 1983. He served as Qualified Fire Safety Manager ...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD247.59K) is about average for companies of similar size in the SG market ($USD338.40K).

Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Boon Kheng Tan
MD & Executive Director0yrsS$344.00k9.07% SGD1.1m
Boon Siang Tan
Executive Director17.3yrsS$249.00k9.01% SGD1.1m
Kah-Chye Tay
Independent Non-Executive Chairman6.3yrsS$40.00k0.10% SGD12.8k
Mun Foong Yip
Non-Executive & Independent Director0.2yrsno datano data
Soon Hin Chia
Non-Executive & Independent Director1.4yrsS$15.00kno data

6.3yrs

Average Tenure

66yo

Average Age

Experienced Board: 5CR's board of directors are considered experienced (6.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 5CR insiders have bought and sold the same number of shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.3%.


Top Shareholders

Company Information

Asiatic Group (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Asiatic Group (Holdings) Limited
  • Ticker: 5CR
  • Exchange: Catalist
  • Founded: 2002
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Market Cap: S$12.452m
  • Shares outstanding: 1.56b
  • Website: https://www.asiatic.com.sg

Location

  • Asiatic Group (Holdings) Limited
  • 65 Joo Koon Circle
  • Singapore
  • 629078
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5CRCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDApr 2003

Biography

Asiatic Group (Holdings) Limited, an investment holding company, provides engineering management services primarily in Singapore, Cambodia, and Malaysia. The company operates in two segments, Fire Fighting and Protection, and Power Related. It operates as an engineering, procurement, and construction, as well as operation and maintenance contractor that provides planning and development services; and participates as an equity investor in power plant projects. The company also distributes controlled power supply and equipment. In addition, it designs, supplies, installs, and maintains firefighting and protection systems, such as fire hydrants, fire extinguishers, hoses, and couplings to combat marine, offshore, industrial, and household fires for households, factories, office buildings, shopping malls, retail outlets, cruise liners, property developments, marine and offshore industries, and civil defense entities under the KILLFIRE brand. Asiatic Group (Holdings) Limited was incorporated in 2002 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 Analysis2020/02/18 15:44
End of Day Share Price2020/02/12 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.