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Frasers Property

OTCPK:FSRP.F
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FSRP.F
OTCPK
SGD5B
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Frasers Property Limited, a real estate company, owns, develops, and manages a diverse, integrated portfolio of properties. The last earnings update was 3 days ago. More info.


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FSRP.F Share Price and Events
7 Day Returns
0%
OTCPK:FSRP.F
2%
US Real Estate
3%
US Market
1 Year Returns
-
OTCPK:FSRP.F
-22.8%
US Real Estate
-8.4%
US Market
FSRP.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Frasers Property (FSRP.F) 0% 0% -1% - 3.3% -
US Real Estate 2% -11.8% -18.9% -22.8% -5.7% -6.2%
US Market 3% -9.7% -15.8% -8.4% 20.1% 28.6%
1 Year Return vs Industry and Market
  • No trading data on FSRP.F.
  • No trading data on FSRP.F.
Price Volatility
FSRP.F
Industry
5yr Volatility vs Market

FSRP.F Value

 Is Frasers Property undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Frasers Property. This is due to cash flow or dividend data being unavailable. The share price is $1.198.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Frasers Property's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Frasers Property's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:FSRP.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in SGD SGD0.23
SGX:TQ5 Share Price ** SGX (2018-10-02) in SGD SGD1.64
United States of America Real Estate Industry PE Ratio Median Figure of 30 Publicly-Listed Real Estate Companies 13.23x
United States of America Market PE Ratio Median Figure of 3,020 Publicly-Listed Companies 16.04x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Frasers Property.

OTCPK:FSRP.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:TQ5 Share Price ÷ EPS (both in SGD)

= 1.64 ÷ 0.23

7.02x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Frasers Property is good value based on earnings compared to the US Real Estate industry average.
  • Frasers Property is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Frasers Property's expected growth come at a high price?
Raw Data
OTCPK:FSRP.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.02x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
-33.6%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 13 Publicly-Listed Real Estate Companies 0.39x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.13x

*Line of best fit is calculated by linear regression .

OTCPK:FSRP.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.02x ÷ -33.6%

-0.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Frasers Property earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Frasers Property's assets?
Raw Data
OTCPK:FSRP.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in SGD SGD2.53
SGX:TQ5 Share Price * SGX (2018-10-02) in SGD SGD1.64
United States of America Real Estate Industry PB Ratio Median Figure of 57 Publicly-Listed Real Estate Companies 1.31x
United States of America Market PB Ratio Median Figure of 5,096 Publicly-Listed Companies 1.61x
OTCPK:FSRP.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:TQ5 Share Price ÷ Book Value per Share (both in SGD)

= 1.64 ÷ 2.53

0.65x

* Primary Listing of Frasers Property.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Frasers Property is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Frasers Property's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Frasers Property has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FSRP.F Future Performance

 How is Frasers Property expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-33.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Frasers Property expected to grow at an attractive rate?
  • Frasers Property's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 3%.
Growth vs Market Checks
  • Frasers Property's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Frasers Property's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:FSRP.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:FSRP.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts -33.6%
OTCPK:FSRP.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts -8.9%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 11.9%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:FSRP.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:FSRP.F Future Estimates Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 3,321 -229 224 2
2020-09-30 3,615 146 388 6
2019-09-30 3,908 890 460 5
OTCPK:FSRP.F Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2018-09-30 4,312 493 680
2018-06-30 3,894 23 574
2018-03-31 3,931 -61 566
2017-12-31 3,795 728 513
2017-09-30 4,027 945 624
2017-06-30 4,264 1,284 597
2017-03-31 3,548 820 569
2016-12-31 3,740 975 621
2016-09-30 3,440 1,097 533
2016-06-30 3,289 969 557
2016-03-31 3,617 467 584
2015-12-31 3,161 425 636

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Frasers Property's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Frasers Property's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:FSRP.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Frasers Property Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FSRP.F Future Estimates Data
Date (Data in SGD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30 0.08 0.08 0.08 1.00
2020-09-30 0.12 0.17 0.10 3.00
2019-09-30 0.16 0.18 0.14 2.00
OTCPK:FSRP.F Past Financials Data
Date (Data in SGD Millions) EPS *
2018-09-30 0.23
2018-06-30 0.20
2018-03-31 0.19
2017-12-31 0.18
2017-09-30 0.21
2017-06-30 0.21
2017-03-31 0.20
2016-12-31 0.21
2016-09-30 0.18
2016-06-30 0.20
2016-03-31 0.21
2015-12-31 0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Frasers Property is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Frasers Property's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Frasers Property has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FSRP.F Past Performance

  How has Frasers Property performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Frasers Property's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Frasers Property's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Frasers Property's 1-year earnings growth exceeds its 5-year average (9% vs -2.6%)
  • Frasers Property's earnings growth has not exceeded the US Real Estate industry average in the past year (9% vs 42.7%).
Earnings and Revenue History
Frasers Property's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Frasers Property Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FSRP.F Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 4,311.61 679.69 378.00
2018-06-30 3,893.85 574.26 332.14
2018-03-31 3,930.98 566.00 308.03
2017-12-31 3,795.00 513.16 292.03
2017-09-30 4,026.64 623.84 288.79
2017-06-30 4,264.05 597.20 276.09
2017-03-31 3,547.53 569.28 264.62
2016-12-31 3,739.64 621.14 258.53
2016-09-30 3,439.59 532.76 259.39
2016-06-30 3,288.94 556.88 286.20
2016-03-31 3,617.35 584.32 268.34
2015-12-31 3,161.13 636.13 258.47
2015-09-30 3,561.53 724.35 248.43
2015-06-30 3,338.74 694.38 37.93
2015-03-31 2,720.72 639.80 86.19
2014-12-31 2,722.93 566.77 122.11
2014-09-30 2,203.03 500.71 143.02
2014-06-30 2,358.00 551.15 336.60
2014-03-31 2,372.79 695.17 318.65
2013-12-31 2,267.79 712.55 308.90
2013-09-30 2,052.75 722.30 297.49
2013-06-30 1,588.51 938.38 295.10
2012-09-30 1,411.77 643.26 309.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Frasers Property has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Frasers Property used its assets less efficiently than the US Real Estate industry average last year based on Return on Assets.
  • Frasers Property's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Frasers Property's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Frasers Property has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FSRP.F Health

 How is Frasers Property's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Frasers Property's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Frasers Property is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Frasers Property's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Frasers Property's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Frasers Property Company Filings, last reported 3 months ago.

OTCPK:FSRP.F Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 14,628.07 15,415.84 2,585.19
2018-06-30 14,207.12 14,835.83 2,141.83
2018-03-31 13,292.55 14,199.28 1,529.34
2017-12-31 13,011.11 12,714.30 1,742.02
2017-09-30 13,049.20 11,809.00 2,409.48
2017-06-30 12,237.85 10,424.29 1,793.55
2017-03-31 12,245.16 10,530.24 1,626.84
2016-12-31 12,291.93 9,976.48 1,986.64
2016-09-30 11,843.48 9,910.42 2,168.68
2016-06-30 11,459.87 9,664.23 1,551.93
2016-03-31 10,541.33 10,702.91 1,481.47
2015-12-31 10,727.07 10,314.56 1,330.44
2015-09-30 10,650.95 10,368.15 1,373.14
2015-06-30 10,273.10 10,703.89 1,349.66
2015-03-31 10,259.96 10,183.90 1,478.95
2014-12-31 9,634.80 8,978.23 939.33
2014-09-30 9,623.55 9,521.86 873.38
2014-06-30 6,358.90 3,987.75 796.98
2014-03-31 6,311.71 3,701.64 655.70
2013-12-31 6,256.97 3,848.86 707.03
2013-09-30 5,478.29 3,019.82 506.78
2013-06-30 5,234.52 2,010.74 981.17
2012-09-30 4,955.67 1,725.69 1,266.66
  • Frasers Property's level of debt (105.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (55.2% vs 105.4% today).
  • Debt is not well covered by operating cash flow (3.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.7x coverage).
X
Financial health checks
We assess Frasers Property's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Frasers Property has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FSRP.F Dividends

 What is Frasers Property's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.24%
Current annual income from Frasers Property dividends. Estimated to be 4.97% next year.
If you bought $2,000 of Frasers Property shares you are expected to receive $105 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Frasers Property's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.55%).
  • Frasers Property's dividend is above the markets top 25% of dividend payers in United States of America (3.96%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:FSRP.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1985 Stocks 2.8%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:FSRP.F Future Dividends Estimate Data
Date (Data in SGD) Dividend per Share (annual) Avg. No. Analysts
2021-09-30 0.09 1.00
2020-09-30 0.08 5.00
2019-09-30 0.08 5.00
OTCPK:FSRP.F Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2018-12-27 0.086 5.244
2018-11-08 0.086 5.231
2018-01-02 0.086 4.733
2017-11-09 0.086 4.141
2017-01-05 0.086 4.646
2016-05-09 0.086 5.599
2015-11-06 0.086 5.258
2015-01-30 0.086 5.055
2014-08-11 0.048 2.876
2014-05-09 0.048 2.632
2014-01-09 0.017 1.113

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Frasers Property has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Frasers Property only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Frasers Property's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Frasers Property's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Frasers Property afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Frasers Property has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FSRP.F Management

 What is the CEO of Frasers Property's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peng Sum Choe
AGE 58
TENURE AS CEO 20.9 years
CEO Bio

Mr. Choe Peng Sum, B.Sc. has been the Chief Executive Officer of Frasers Hospitality Group Pte Ltd at Frasers Centrepoint Limited since 1998. Mr. Choe serves as the Chief Executive Officer of Frasers Hospitality Global Limited. He oversees the Frasers Hospitality group’s business from investments, business development, global expansion of the chain of gold-standard serviced residences and hotels worldwide, to funds and asset management of hotels and serviced residences on a global mandate. Mr. Choe has over 30 years of experience in the hospitality industry. He served as Executive Assistant Manager of Shangri- La Hotel, Singapore from 1984 to 1994. He served as Resident Manager of Portman Shangri- La Hotel, Shanghai from 1994 to 1996. He started his career in the hospitality industry with Westin and subsequently Shangri-La International in 1981, where he was awarded the Shangri-La overseas scholarship. He held senior management positions with Shangri-La Singapore and The Portman Shangri-La Shanghai, China, before returning to Singapore in 1996 to start up the hospitality arm of Singapore conglomerate, Fraser & Neave, Limited. He served as General Manager of Hospitality of Frasers Centrepoint Limited from 1996 to 1998. Mr. Choe joined Frasers Centrepoint Limited (alternate name, Centrepoint Properties Ltd.) in 1996 and takes charge of strategic planning, business development and growth of the serviced residences business. Under him, Fraser Serviced Residences has become the second largest branded operator of serviced apartments in Singapore and expanded into Manila, Seoul and London. He managed the entire operations, including finance, marketing and project management, of well-known hotels in Singapore and Shanghai. Special achievements in his career include the first runner-up award for the Young Hotel Executive of the Year (Singapore) in 1991 and the award of the Order of Foreign Inspector Status (Shanghai) in 1995. Mr. Choe has been a Non-Executive Director of Frasers Hospitality Trust Management Pte Ltd since November 20, 2013. He has been a Director at Frasers Hospitality Asset Management Pte. Ltd., manager of Frasers Hospitality Trust since November 20, 2013. He served as a Director of Frasers Hospitality Asset Management Pte Ltd. He served President’s Honor Roll, Washington State University. Mr. Choe serves as Chairman of the Board of Directors for Crest Secondary School, a board member of the Council of Private Education set up by the Ministry of Education, Singapore, a governing Council member of the Singapore Quality Awards, Spring Singapore, Singapore’s business representative to ASEAN in the East Asia Business Council and a Lay-person Member of the Complaints Panel for the Singapore Pharmacy Council. He was awarded the National Dean’s List (USA) as well as the Phi Kappa Phi for academic excellence. He studied Executive Development Programme, International College of Hospitality Administration, BRIG, Switzerland. Mr. Choe graduated with a Bachelor of Science with Distinction degree from Cornell University, New York.

CEO Compensation
  • Insufficient data for Peng Sum to compare compensation growth.
  • Insufficient data for Peng Sum to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Frasers Property management team in years:

2.9
Average Tenure
52
Average Age
  • The tenure for the Frasers Property management team is about average.
Management Team

Choo Leong Loo

TITLE
Group Chief Financial Officer
AGE
50
TENURE
1 yrs

Uten Lohachitpitaks

TITLE
Group Chief Investment Officer
AGE
44
TENURE
5.2 yrs

Gerry Wong

TITLE
Head of Investor Relations & Corporate Communications

Sebastian Tan

TITLE
Group Chief Human Resources Officer
AGE
54
TENURE
3.3 yrs

Khong Shoong Chia

TITLE
Group Chief Corporate Officer
AGE
46
TENURE
2.4 yrs

Zheng Wanshi

TITLE
Chief Strategy & Planning Officer
AGE
37

Peng Sum Choe

TITLE
Chief Executive Officer of Frasers Hospitality Group Pte Ltd
AGE
58
TENURE
20.9 yrs

Christopher Tang

TITLE
Chief Executive Officer of Frasers Property Singapore
AGE
57
TENURE
2.4 yrs

Rod Fehring

TITLE
Chief Executive Officer of Frasers Property Australia
AGE
59
TENURE
3.4 yrs

Catherine Yeo

TITLE
Company Secretary
TENURE
2.2 yrs
Board of Directors Tenure

Average tenure and age of the Frasers Property board of directors in years:

5.2
Average Tenure
68
Average Age
  • The tenure for the Frasers Property board of directors is about average.
Board of Directors

Charoen Sirivadhanabhakdi

TITLE
Non-Executive & Non-Independent Chairman of the Board
AGE
74
TENURE
5.2 yrs

Khunying Wanna Sirivadhanabhakdi

TITLE
Non-Executive & Non-Independent Vice Chairman of the Board
AGE
75

Charles Mak

TITLE
Non-Executive & Lead Independent Director
AGE
66
TENURE
3.6 yrs

Philip Eng

TITLE
Non-Executive & Independent Director
AGE
72
TENURE
5.2 yrs

Weerawong Chittmittrapap

TITLE
Non-Executive & Independent Director
AGE
60
TENURE
5.2 yrs

Chotiphat Bijananda

TITLE
Non-Executive & Non-Independent Director
AGE
54
TENURE
5.8 yrs

Heng Chan

TITLE
Non-Executive & Independent Director
AGE
71
TENURE
5.2 yrs

Sithichai Chaikriangkrai

TITLE
Non-Executive & Non-Independent Director
AGE
64
TENURE
5.3 yrs

Joo Yeow Wee

TITLE
Non-Executive & Independent Director
AGE
70
TENURE
4.8 yrs

Pheng Hock Tan

TITLE
Non-Executive & Independent Director
AGE
60
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Frasers Property's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Frasers Property has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FSRP.F News

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FSRP.F Company Info

Map
Description

Frasers Property Limited, a real estate company, owns, develops, and manages a diverse, integrated portfolio of properties. It operates through four business units: Singapore, Australia, Hospitality, and Europe and rest of Asia. The company’s assets range from residential, retail, commercial, and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia. Its hospitality business owns and/or operates serviced apartments and hotels in over 80 cities across Asia, Australia, Europe, the Middle East, and Africa. The company also acts as a sponsor of four vehicles listed on the SGX-ST, comprising three REITs, including Frasers Centrepoint Trust, Frasers Commercial Trust, and Frasers Logistics & Industrial Trust, focused on retail properties, office and business space properties and business parks, and logistics and industrial properties respectively, as well as one stapled trust, Frasers Hospitality Trust, focused on hospitality properties. The company was formerly known as Frasers Centrepoint Limited and changed its name to Frasers Property Limited in February 2018. Frasers Property Limited was incorporated in 1963 and is headquartered in Singapore. Frasers Property Limited is a subsidiary of TCC Assets Limited.

Details
Name: Frasers Property Limited
FSRP.F
Exchange: OTCPK
Founded: 1963
SGD3,504,453,934
2,919,487,919
Website: http://www.frasersproperty.com
Address: Frasers Property Limited
438 Alexandra Road,
No. 21-00 Alexandra Point,
Singapore,
119958,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX TQ5 Ordinary Shares Singapore Exchange SG SGD 09. Jan 2014
OTCPK FSRP.F Ordinary Shares Pink Sheets LLC US USD 09. Jan 2014
DB 1IQ Ordinary Shares Deutsche Boerse AG DE EUR 09. Jan 2014
Number of employees
Current staff
Staff numbers
4,635
Frasers Property employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/30 00:46
End of day share price update: 2018/10/02 00:00
Last estimates confirmation: 2018/12/12
Last earnings filing: 2018/12/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.