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CSE Global

OTCPK:CSYJ.Y
Snowflake Description

Excellent balance sheet, good value and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CSYJ.Y
OTCPK
SGD274M
Market Cap
  1. Home
  2. US
  3. Software
Company description

CSE Global Limited, an investment holding company, provides integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, and the Middle East. The last earnings update was 33 days ago. More info.


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CSYJ.Y Share Price and Events
7 Day Returns
0%
OTCPK:CSYJ.Y
-0.2%
US IT
-1.1%
US Market
1 Year Returns
-
OTCPK:CSYJ.Y
21.5%
US IT
6.4%
US Market
CSYJ.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CSE Global (CSYJ.Y) 0% 0% 18.3% - - -27.6%
US IT -0.2% 4.1% 28.7% 21.5% 78.5% 97.6%
US Market -1.1% 0.3% 17.2% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • No trading data on CSYJ.Y.
  • No trading data on CSYJ.Y.
Price Volatility
CSYJ.Y
Industry
5yr Volatility vs Market

CSYJ.Y Value

 Is CSE Global 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
Here we compare the current share price of CSE Global to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for CSE Global.

OTCPK:CSYJ.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:CSYJ.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.062 (1 + (1- 17%) (13.18%))
1.12
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.12 * 5.96%)
9.4%

Discounted Cash Flow Calculation for OTCPK:CSYJ.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for CSE Global is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:CSYJ.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 9.4%)
2019 13.60 Analyst x1 12.43
2020 22.99 Analyst x2 19.21
2021 25.10 Analyst x2 19.17
2022 25.20 Analyst x1 17.59
2023 29.50 Analyst x1 18.82
2024 31.32 Est @ 6.17% 18.27
2025 32.93 Est @ 5.14% 17.55
2026 34.38 Est @ 4.42% 16.75
2027 35.73 Est @ 3.91% 15.91
2028 37.00 Est @ 3.56% 15.06
Present value of next 10 years cash flows SGD170.77
OTCPK:CSYJ.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SGD37.00 × (1 + 2.73%) ÷ (9.4% – 2.73%)
SGD569.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD569.55 ÷ (1 + 9.4%)10
SGD231.86
OTCPK:CSYJ.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD170.77 + SGD231.86
SGD402.63
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD402.63 / 507.95
SGD0.79
OTCPK:CSYJ.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:CSYJ.Y represents 6.35203x of SGX:544
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
6.35203x
Value per Share
(Listing Adjusted, USD)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 0.79 x 6.35203
$5.03
Value per share (USD) From above. $5.03
Current discount Discount to share price of $3.43
= -1 x ($3.43 - $5.03) / $5.03
31.9%

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

Current Discount
Amount off the current price CSE Global is available for.
Intrinsic value
32%
Share price is $3.43 vs Future cash flow value of $5.03
Current Discount Checks
For CSE Global to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CSE Global's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CSE Global's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 CSE Global's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CSE Global's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CSYJ.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SGD SGD0.04
SGX:544 Share Price ** SGX (2019-02-07) in SGD SGD0.54
United States of America IT Industry PE Ratio Median Figure of 78 Publicly-Listed IT Companies 30.06x
United States of America Market PE Ratio Median Figure of 3,062 Publicly-Listed Companies 17.16x

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

** Primary Listing of CSE Global.

OTCPK:CSYJ.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:544 Share Price ÷ EPS (both in SGD)

= 0.54 ÷ 0.04

13.77x

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

  • CSE Global is good value based on earnings compared to the US IT industry average.
  • CSE Global is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does CSE Global's expected growth come at a high price?
Raw Data
OTCPK:CSYJ.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
6.2%per year
United States of America IT Industry PEG Ratio Median Figure of 65 Publicly-Listed IT Companies 2.39x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

OTCPK:CSYJ.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.77x ÷ 6.2%

2.23x

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

  • CSE Global is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on CSE Global's assets?
Raw Data
OTCPK:CSYJ.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SGD SGD0.34
SGX:544 Share Price * SGX (2019-02-07) in SGD SGD0.54
United States of America IT Industry PB Ratio Median Figure of 122 Publicly-Listed IT Companies 4.4x
United States of America Market PB Ratio Median Figure of 5,165 Publicly-Listed Companies 1.85x
OTCPK:CSYJ.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:544 Share Price ÷ Book Value per Share (both in SGD)

= 0.54 ÷ 0.34

1.6x

* Primary Listing of CSE Global.

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

  • CSE Global is good value based on assets compared to the US IT industry average.
X
Value checks
We assess CSE Global'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. CSE Global has a total score of 4/6, 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.

CSYJ.Y Future Performance

 How is CSE Global expected to perform in the next 1 to 3 years based on estimates from 3 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
6.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CSE Global expected to grow at an attractive rate?
  • CSE Global's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • CSE Global's earnings growth is positive but not above the United States of America market average.
  • CSE Global's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:CSYJ.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CSYJ.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 6.2%
OTCPK:CSYJ.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 4.3%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:CSYJ.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CSYJ.Y Future Estimates Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 427 31 24 3
2020-12-31 415 32 23 3
2019-12-31 393 18 21 3
OTCPK:CSYJ.Y Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2018-12-31 377 47 20
2018-09-30 393 40 -22
2018-06-30 387 4 -24
2018-03-31 380 -32 -42
2017-12-31 362 -23 -45
2017-09-30 324 -20 -2
2017-06-30 319 7 -1
2017-03-31 308 40 19
2016-12-31 318 58 21
2016-09-30 338 104 24
2016-06-30 360 100 28
2016-03-31 395 64 30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CSE Global's earnings are expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).
  • CSE Global's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
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:CSYJ.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from CSE Global Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CSYJ.Y Future Estimates Data
Date (Data in SGD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.05 0.05 0.05 2.00
2020-12-31 0.04 0.05 0.04 3.00
2019-12-31 0.04 0.04 0.04 2.00
OTCPK:CSYJ.Y Past Financials Data
Date (Data in SGD Millions) EPS *
2018-12-31 0.04
2018-09-30 -0.04
2018-06-30 -0.05
2018-03-31 -0.08
2017-12-31 -0.09
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.04
2016-12-31 0.04
2016-09-30 0.05
2016-06-30 0.05
2016-03-31 0.06

*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.
  • CSE Global is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess CSE Global'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.
CSE Global has a total score of 1/6, 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.

CSYJ.Y Past Performance

  How has CSE Global 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 CSE Global's growth in the last year to its industry (IT).
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.
  • CSE Global's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • CSE Global has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • CSE Global has become profitable in the last year making it difficult to compare the US IT industry average.
Earnings and Revenue History
CSE Global'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 CSE Global Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CSYJ.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 376.79 20.11 75.69
2018-09-30 393.41 -22.27 74.49
2018-06-30 386.59 -24.28 73.75
2018-03-31 379.99 -42.45 72.13
2017-12-31 362.35 -45.15 71.61
2017-09-30 323.92 -1.68 69.09
2017-06-30 319.33 -0.66 68.36
2017-03-31 308.08 18.68 68.66
2016-12-31 317.77 21.19 69.23
2016-09-30 338.22 23.62 73.91
2016-06-30 360.50 28.10 75.70
2016-03-31 395.34 30.06 75.58
2015-12-31 411.95 31.19 75.36
2015-09-30 428.89 33.52 77.27
2015-06-30 433.76 33.66 75.86
2015-03-31 424.39 32.41 74.99
2014-12-31 416.75 33.31 73.68
2014-09-30 430.08 1.92 71.58
2014-06-30 419.46 0.02 71.11
2014-03-31 412.62 2.34 70.44
2013-12-31 416.04 3.39 69.38
2013-09-30 326.04 18.54 56.56
2013-06-30 358.85 22.58 58.19
2013-03-31 410.12 25.16 59.87
2012-12-31 448.24 28.80 65.98
2012-09-30 549.74 43.56 89.39
2012-06-30 531.88 45.44 92.99
2012-03-31 489.29 27.32 100.11

*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.
  • CSE Global has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • CSE Global used its assets more efficiently than the US IT industry average last year based on Return on Assets.
  • CSE Global's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess CSE Global'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 IT 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.
CSE Global 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.

CSYJ.Y Health

 How is CSE Global'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 CSE Global's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CSE Global is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CSE Global's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CSE Global'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 covered by short term assets, assets are 5.8x 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 CSE Global Company Filings, last reported 2 months ago.

OTCPK:CSYJ.Y Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 172.33 36.15 74.05
2018-09-30 165.48 21.75 56.14
2018-06-30 176.76 33.20 54.13
2018-03-31 173.83 38.13 43.17
2017-12-31 175.75 31.41 46.91
2017-09-30 220.05 26.82 47.41
2017-06-30 228.27 18.72 53.90
2017-03-31 251.62 20.07 75.82
2016-12-31 254.85 20.61 90.78
2016-09-30 237.58 18.38 71.21
2016-06-30 237.59 15.05 64.03
2016-03-31 242.27 19.05 76.27
2015-12-31 245.81 55.62 109.72
2015-09-30 237.49 58.09 66.17
2015-06-30 225.93 52.56 59.51
2015-03-31 235.94 44.34 67.04
2014-12-31 217.61 43.88 66.89
2014-09-30 202.94 41.73 53.44
2014-06-30 198.99 35.33 46.21
2014-03-31 209.44 19.86 63.79
2013-12-31 198.97 3.07 186.59
2013-09-30 252.52 98.69 80.90
2013-06-30 245.30 106.39 90.92
2013-03-31 246.67 113.03 80.86
2012-12-31 232.72 119.19 74.20
2012-09-30 220.82 123.67 60.81
2012-06-30 223.12 127.79 70.41
2012-03-31 213.81 117.91 52.93
  • CSE Global's level of debt (21%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.6% vs 21% today).
  • Debt is well covered by operating cash flow (130.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 44.6x coverage).
X
Financial health checks
We assess CSE Global'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. CSE Global has a total score of 5/6, 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.

CSYJ.Y Dividends

 What is CSE Global'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
5.09%
Current annual income from CSE Global dividends. Estimated to be 5.28% next year.
If you bought $2,000 of CSE Global shares you are expected to receive $102 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?
  • CSE Global's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
  • CSE Global's dividend is above the markets top 25% of dividend payers in United States of America (3.72%).
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:CSYJ.Y 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 3 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
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 3.7%

Industry and Market average data is calculated daily.

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

OTCPK:CSYJ.Y Future Dividends Estimate Data
Date (Data in SGD) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.03 1.00
2020-12-31 0.03 2.00
2019-12-31 0.03 1.00
OTCPK:CSYJ.Y Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2019-02-20 0.028 5.375
2018-04-02 0.023 5.141
2018-02-23 0.023 5.823
2017-04-04 0.030 7.633
2017-02-23 0.030 5.808
2016-11-09 0.025 5.570
2016-08-10 0.025 5.896
2016-04-04 0.025 5.626
2015-03-30 0.028 5.447
2014-08-11 0.033 5.194
2014-04-01 0.035 5.700
2014-02-28 0.035 5.771
2013-08-21 0.043 5.189
2013-02-26 0.055 6.525
2012-11-12 0.030 3.690
2012-08-13 0.030 3.464
2012-02-27 0.020 2.476
2011-02-21 0.040 4.068
2010-02-25 0.035 3.334
2009-11-23 0.000 0.000
2009-11-13 0.000 0.000
2009-03-26 0.040 6.678

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of CSE Global's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x 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 CSE Global'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 CSE Global afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CSE Global 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.

CSYJ.Y Management

 What is the CEO of CSE Global'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
Boon Lim
COMPENSATION SGD889,000
AGE 51
TENURE AS CEO 5.3 years
CEO Bio

Mr. Boon Kheng Lim has been the Group Managing Director and Chief Executive Officer of CSE Global Limited since November 28, 2013. Mr. Lim serves as a Managing Director at CSE Global (Asia) Limited. He served as the Group Chief Financial Officer of CSE Global Ltd. His responsibilities include finance and accounting, merger and acquisition and also corporate restructuring. He began his career in 1990 as an Accountant with ULC Systems (FE) Pte Ltd. Mr. Lim then joined Singapore Technologies Pte Ltd in 1991 as an Accountant and later was promoted to various positions. He left EBworx BHD in 1999 and joined CSE as Group Financial Controller. He has been Executive Director of CSE Global Ltd. since August 13, 2013. He served as a Non Independent & Non Executive Director of eBworx Bhd since April 10, 2008 and also its Non-Executive Director since June 12, 2003. Mr. Lim was graduated with a Bachelor of Accountancy degree from the National University of Singapore in 1990.

CEO Compensation
  • Boon's compensation has been consistent with company performance over the past year.
  • Boon's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the CSE Global management team in years:

4.6
Average Tenure
54
Average Age
  • The tenure for the CSE Global management team is about average.
Management Team

Boon Lim

TITLE
CEO, Group MD & Executive Director
COMPENSATION
SGD889K
AGE
51
TENURE
5.3 yrs

Eddie Foo

TITLE
Chief Financial Officer
AGE
46
TENURE
4.9 yrs

Leong Haur

TITLE
Chief Operating Officer
AGE
58

Roy Rowe

TITLE
Chief Executive Officer of CSE Global's Australian & New Zealand Operations
AGE
60
TENURE
8.1 yrs

Greg Hanson

TITLE
President & COO of CSE W-Industries of Texas
AGE
57
TENURE
4.3 yrs

Donnie Smith

TITLE
President & COO of CSE W-Industries of Louisiana
AGE
45
TENURE
4.3 yrs

Victor Lai

TITLE
Company Secretary
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the CSE Global board of directors in years:

5
Average Tenure
62
Average Age
  • The tenure for the CSE Global board of directors is about average.
Board of Directors

Ming Seong Lim

TITLE
Chairman
COMPENSATION
SGD92K
AGE
71
TENURE
22.2 yrs

Boon Lim

TITLE
CEO, Group MD & Executive Director
COMPENSATION
SGD889K
AGE
51
TENURE
5.6 yrs

Mohd Abdul Bin Abdullah

TITLE
Deputy Chairman
AGE
53
TENURE
0.8 yrs

Phillip Lee

TITLE
Independent Non Executive Director
COMPENSATION
SGD60K
AGE
76
TENURE
20.2 yrs

Boon Ann Sin

TITLE
Independent Non-Executive Director
COMPENSATION
SGD41K
AGE
60
TENURE
16.8 yrs

Kwok Chong Lam

TITLE
Independent Non-Executive Director
COMPENSATION
SGD52K
AGE
63
TENURE
8.8 yrs

Hien Tan

TITLE
Independent Non-Executive Director
COMPENSATION
SGD67K
AGE
70
TENURE
4.3 yrs

Tony Lee

TITLE
Independent Director
TENURE
2.1 yrs

Syed Bin Syed Faisal

TITLE
Non-Executive Non-Independent Director
AGE
38
TENURE
0.8 yrs

Chian Khong Tan

TITLE
Independent Non-Executive Director
AGE
62
TENURE
0.1 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 CSE Global'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. CSE Global 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.

CSYJ.Y News

Simply Wall St News

CSYJ.Y Company Info

Description

CSE Global Limited, an investment holding company, provides integrated industrial automation, information technology, and intelligent transport solutions in the Asia Pacific, the Americas, Europe, and the Middle East. The company offers automation solutions, including process control, safety shutdown, fire and gas detection, supervisory control and data acquisition (SCADA), wellhead and subsea control, process skid, electrical drive and high/medium voltage, electrical protection and control, real-time information, and intelligent transport systems, as well as I&E construction and safe secure solutions. It also provides environmental solutions comprising multiple hearth furnaces, fluid bed incinerators, carbon and energy recovery systems, and rotary kiln incinerators. In addition, the company offers telecommunication solutions, including construction communications, fiber optic, microwave radio, conventional and trunked radio, and public address and general alarm systems; VSAT satellite communications, telephone, local and wide area, Internet protocol based, and SCADA and telemetry networks; and CCTV, access control, and FIDS systems. Further, it provides computer network systems; e-business integration, research and development, and system integration services; safety system and automation hardware products; infrastructure engineering services; data telecommunications and marine survey certification services; and plant and environmental engineering services. Additionally, the company distributes electrical engineering equipment; and designs and installs high temperature thermal process and incineration systems. It serves customers in the oil and gas, petrochemical, utilities, public infrastructure, environmental, and healthcare industries. The company was founded in 1985 and is headquartered in Singapore.

Details
Name: CSE Global Limited
CSYJ.Y
Exchange: OTCPK
Founded: 1985
SGD202,882,580
507,950,352
Website: http://www.cse-global.com
Address: CSE Global Limited
Building C,
No. 01-21, 202 Bedok South Avenue 1,
Singapore,
469332,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX 544 Ordinary Shares Singapore Exchange SG SGD 10. Mar 1999
OTCPK CSYJ.F Ordinary Shares Pink Sheets LLC US USD 10. Mar 1999
DB XCC Ordinary Shares Deutsche Boerse AG DE EUR 10. Mar 1999
OTCPK CSYJ.Y ADR Pink Sheets LLC US USD 09. Feb 2011
Number of employees
Current staff
Staff numbers
1,188
CSE Global employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 00:20
End of day share price update: 2019/02/07 00:00
Last estimates confirmation: 2019/02/22
Last earnings filing: 2019/02/20
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.