OTCPK:KMNC.F

Stock Analysis Report

Executive Summary

Kingsmen Creatives Ltd., an investment holding company, engages in exhibitions and thematic, retail and corporate interiors, research and design, and alternative marketing businesses.


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

KMNC.F

-6.5%

US Professional Services

-7.4%

US Market


1 Year Return

n/a

KMNC.F

21.1%

US Professional Services

10.5%

US Market

Return vs Industry: Insufficient data to determine how KMNC.F performed against the US Professional Services industry.

Return vs Market: Insufficient data to determine how KMNC.F performed against the US Market.


Shareholder returns

KMNC.FIndustryMarket
7 Day0%-6.5%-7.4%
30 Day0%-2.7%-3.6%
90 Day-9.4%3.7%-0.6%
1 Yearn/a22.2%21.1%12.8%10.5%
3 Year-32.6%-32.6%50.9%46.2%37.4%28.6%
5 Year-58.6%-58.6%71.3%62.1%61.3%43.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Kingsmen Creatives undervalued compared to its fair value and its price relative to the market?

36.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KMNC.F ($0.29) is trading below our estimate of fair value ($0.45)

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


Price To Earnings Ratio

PE vs Industry: KMNC.F is good value based on its PE Ratio (11.6x) compared to the Professional Services industry average (18.3x).

PE vs Market: KMNC.F is good value based on its PE Ratio (11.6x) compared to the US market (17.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KMNC.F is good value based on its PB Ratio (0.5x) compared to the US Professional Services industry average (2.6x).


Next Steps

Future Growth

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

27.7%

Forecasted Commercial Services 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 Kingsmen Creatives 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 Kingsmen Creatives 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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Kingsmen Creatives's filings and announcements here.
  • Explore growth companies in the Commercial Services industry.

Past Performance

How has Kingsmen Creatives performed over the past 5 years?

-17.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KMNC.F has high quality earnings.

Growing Profit Margin: KMNC.F's current net profit margins (1.4%) are lower than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: KMNC.F's earnings have declined by -17.8% per year over the past 5 years.

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

Earnings vs Industry: KMNC.F had negative earnings growth (-49.3%) over the past year, making it difficult to compare to the Professional Services industry average (10.6%).


Return on Equity

High ROE: KMNC.F's Return on Equity (4.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Kingsmen Creatives's financial position?


Financial Position Analysis

Short Term Liabilities: KMNC.F's short term assets (SGD198.9M) exceed its short term liabilities (SGD139.1M).

Long Term Liabilities: KMNC.F's short term assets (SGD198.9M) exceed its long term liabilities (SGD30.1M).


Debt to Equity History and Analysis

Debt Level: KMNC.F's debt to equity ratio (29.6%) is considered satisfactory.

Reducing Debt: KMNC.F's debt to equity ratio has increased from 6.8% to 29.6% over the past 5 years.

Debt Coverage: KMNC.F's debt is well covered by operating cash flow (24.4%).

Interest Coverage: KMNC.F's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet

Inventory Level: KMNC.F has a high level of physical assets or inventory.

Debt Coverage by Assets: KMNC.F's debt is covered by short term assets (assets are 5.7x debt).


Next Steps

Dividend

What is Kingsmen Creatives's current dividend yield, its reliability and sustainability?

7.94%

Current Dividend Yield


Dividend Yield vs Market

company7.9%marketbottom25%1.5%markettop25%3.9%industryaverage1.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: KMNC.F's dividend (7.94%) is higher than the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: KMNC.F's dividend (7.94%) is in the top 25% of dividend payers in the US market (3.9%)


Stability and Growth of Payments

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

Growing Dividend: KMNC.F's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (92.1%), KMNC.F's dividend payments are not 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?

14.2yrs

Average management tenure


CEO

Andrew Cheng (56yo)

3.6yrs

Tenure

S$689,000

Compensation

Mr. Cheng Oon Teck, also known as Andrew, has been the Group Chief Executive Officer and Executive Director of Kingsmen Creatives Ltd. since July 1, 2016. Mr. Teck served as the Group Chief Operating Offic ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD492.78K) is about average for companies of similar size in the US market ($USD524.26K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Siak Soh
Co-Founder & Executive Chairman17.2yrsS$684.00k4.23% SGD1.9m
Oon Cheng
Group CEO & Executive Director3.6yrsS$689.00k0.33% SGD149.8k
Chin Ong
Co-Founder & Deputy Executive Chairman3.6yrsS$680.00k4.13% SGD1.9m
Huat Wee
Group MD of Retail & Corporate Interiors and Executive Director3.6yrsS$458.00k1.34% SGD609.1k
Siew Chong
Group MD of Exhibitions & Thematic and Executive Director16.5yrsS$830.22k2.06% SGD935.1k
Yong Tan
Financial Controller & Joint Company Secretary5.3yrsno datano data
Charlene Sng
Manager of Corporate Communications0yrsno datano data
Chin Ong
Creative Director & Executive Director of Kingsmen Design Pte Ltd0yrsno data1.79% SGD816.2k
Kay Tay
Creative Director & Executive Director of Kingsmen Design Pte Ltd.0yrsno data0.98% SGD443.9k
Chong Peok
Managing Director of Greater China Operations23.1yrsno data2.09% SGD951.3k

14.2yrs

Average Tenure

57.5yo

Average Age

Experienced Management: KMNC.F's management team is seasoned and experienced (14.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Siak Soh
Co-Founder & Executive Chairman17.2yrsS$684.00k4.23% SGD1.9m
Oon Cheng
Group CEO & Executive Director3.6yrsS$689.00k0.33% SGD149.8k
Chin Ong
Co-Founder & Deputy Executive Chairman3.6yrsS$680.00k4.13% SGD1.9m
Huat Wee
Group MD of Retail & Corporate Interiors and Executive Director3.6yrsS$458.00k1.34% SGD609.1k
Siew Chong
Group MD of Exhibitions & Thematic and Executive Director16.5yrsS$830.22k2.06% SGD935.1k
Guan Tan
Independent Director3.3yrsS$43.00kno data
Kwong Ngiap Tan
Director of I-Promo Events & Marketing Pte Ltd0yrsno datano data
Prabhakaran Nair
Independent Director16.5yrsS$43.00kno data
Cher Liang Tan
Independent Non-Executive Director6.8yrsS$50.00kno data
Teck Lim
Director of Kingsmen Ooh-media14.3yrsno datano data

6.8yrs

Average Tenure

63yo

Average Age

Experienced Board: KMNC.F's board of directors are considered experienced (6.8 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

Kingsmen Creatives Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kingsmen Creatives Ltd.
  • Ticker: KMNC.F
  • Exchange: OTCPK
  • Founded: 1976
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: S$63.614m
  • Listing Market Cap: S$45.498m
  • Shares outstanding: 201.95m
  • Website: https://www.kingsmen-int.com

Location

  • Kingsmen Creatives Ltd.
  • The Kingsmen Experience
  • 22 Changi Business Park Central 2
  • Singapore
  • 486032
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5MZSGX (Singapore Exchange)YesOrdinary SharesSGSGDSep 2003
KMNC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 2003

Biography

Kingsmen Creatives Ltd., an investment holding company, engages in exhibitions and thematic, retail and corporate interiors, research and design, and alternative marketing businesses. It also provides corporate marketing and other related services. The company’s Exhibitions and Thematic segment produces exhibition displays for trade shows and promotional events; interiors and displays for museums and visitor centers; and thematic and scenic displays for theme parks, as well as develops, owns, and markets intellectual property for experimental and themed attractions. Its Retail and Corporate Interiors segment provides interior fitting-out services to commercial and retail properties. The company’s Research and Design segment offers design works for upmarket specialty stores, departmental stores, eateries, museums, visitors’ centers, corporate offices, showrooms, trade shows, events, promotional functions, and festivals. Its Alternative Marketing segment provides event management, branding consultancy, and custom publishing services. In addition, the company provides design consultancy and planning management, advertising, marketing communications, electrical engineering, and graphic design and production services, as well as design and construction facilities to exhibitors. Further, it designs and produces architectural interiors, decorations, and museums; and operates as an advertising contractor and agent. Additionally, the company engages in the manufacture, wholesale, and trading of interior and exhibition furniture, and fixtures and displays. It operates in South Asia, North Asia, the Middle East, the United States, Canada, Europe, and internationally. Kingsmen Creatives Ltd. was founded in 1976 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 Analysis2020/02/26 01:31
End of Day Share Price2020/01/15 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.