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.
Very undervalued average dividend payer.
Share Price & News
How has CSE Global's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSYJ.Y has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CSYJ.Y underperformed the US IT industry which returned 39.9% over the past year.
Return vs Market: CSYJ.Y underperformed the US Market which returned 24.7% over the past year.
Price Volatility Vs. Market
How volatile is CSE Global's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is CSE Global undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CSYJ.Y ($3.37) is trading below our estimate of fair value ($6.3)
Significantly Below Fair Value: CSYJ.Y is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CSYJ.Y is good value based on its PE Ratio (13.9x) compared to the IT industry average (32x).
PE vs Market: CSYJ.Y is good value based on its PE Ratio (13.9x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: CSYJ.Y is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: CSYJ.Y is good value based on its PB Ratio (1.6x) compared to the US IT industry average (4.2x).
How is CSE Global forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSYJ.Y's forecast earnings growth (17.9% per year) is above the savings rate (1.7%).
Earnings vs Market: CSYJ.Y's earnings (17.9% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: CSYJ.Y's earnings are forecast to grow, but not significantly.
Revenue vs Market: CSYJ.Y's revenue (12.5% per year) is forecast to grow faster than the US market (7.5% per year).
High Growth Revenue: CSYJ.Y's revenue (12.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CSYJ.Y's Return on Equity is forecast to be low in 3 years time (15.1%).
How has CSE Global performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSYJ.Y has high quality earnings.
Growing Profit Margin: CSYJ.Y became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CSYJ.Y's earnings have declined by -28.5% per year over the past 5 years.
Accelerating Growth: CSYJ.Y has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CSYJ.Y has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (16.2%).
Return on Equity
High ROE: CSYJ.Y's Return on Equity (11.4%) is considered low.
Return on Assets
Return on Capital Employed
How is CSE Global's financial position?
Financial Position Analysis
Short Term Liabilities: CSYJ.Y's short term assets (SGD232.2M) exceed its short term liabilities (SGD188.5M).
Long Term Liabilities: CSYJ.Y's short term assets (SGD232.2M) exceed its long term liabilities (SGD12.5M).
Debt to Equity History and Analysis
Debt Level: CSYJ.Y's debt to equity ratio (57.5%) is considered high.
Reducing Debt: CSYJ.Y's debt to equity ratio has increased from 20.4% to 57.5% over the past 5 years.
Debt Coverage: CSYJ.Y's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: CSYJ.Y's interest payments on its debt are well covered by EBIT (23x coverage).
Inventory Level: CSYJ.Y has a high level of physical assets or inventory.
Debt Coverage by Assets: CSYJ.Y's debt is covered by short term assets (assets are 2.4x debt).
What is CSE Global's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CSYJ.Y's dividend (5%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: CSYJ.Y's dividend (5%) is in the top 25% of dividend payers in the US market (3.66%)
Stability and Growth of Payments
Stable Dividend: CSYJ.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSYJ.Y's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.6%), CSYJ.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CSYJ.Y's dividends in 3 years are forecast to be well covered by earnings (47.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Boon Lim (52yo)
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 ser ...
CEO Compensation Analysis
Compensation vs Market: Boon's total compensation ($USD1.57M) is above average for companies of similar size in the US market ($USD1.08M).
Compensation vs Earnings: Boon's compensation has been consistent with company performance over the past year.
|CEO, Group MD & Executive Director||6.1yrs||S$2.13m||1.77% SGD3.6m|
|Chief Financial Officer||5.7yrs||no data||no data|
|Chief Operating Officer||0yrs||no data||no data|
|Chief Operating Officer||1.3yrs||no data||no data|
|Chief Executive Officer of CSE Global's Australian & New Zealand Operations||8.8yrs||no data||no data|
|President & COO of CSE W-Industries of Louisiana and CEO of CSE Americas Inc||1.6yrs||no data||no data|
|Company Secretary||0.3yrs||no data||no data|
Experienced Management: CSYJ.Y's management team is considered experienced (3.6 years average tenure).
|CEO, Group MD & Executive Director||6.1yrs||S$2.13m||1.77% SGD3.6m|
|Independent Chairman||22.9yrs||S$63.00k||0.64% SGD1.3m|
|Independent Non-Executive Director||17.6yrs||S$49.00k||no data|
|Independent Non-Executive Director||9.6yrs||S$43.00k||no data|
|Independent Non-Executive Director||5.1yrs||S$49.00k||no data|
|Independent Director||2.8yrs||S$49.00k||no data|
|Independent Non-Executive Director||0.8yrs||no data||0.0098% SGD20.3k|
|Deputy Chairman||1.6yrs||S$17.00k||0.39% SGD797.3k|
|Non-Executive Non-Independent Director||1.6yrs||S$22.00k||no data|
Experienced Board: CSYJ.Y's board of directors are considered experienced (5.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CSE Global Limited's company bio, employee growth, exchange listings and data sources
- Name: CSE Global Limited
- Ticker: CSYJ.Y
- Exchange: OTCPK
- Founded: 1985
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: S$279.373m
- Listing Market Cap: S$206.614m
- Shares outstanding: 507.95m
- Website: https://www.cse-global.com
Number of Employees
- CSE Global Limited
- Building C
- No. 01-21, 202 Bedok South Avenue 1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|544||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Mar 1999|
|XCC||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 1999|
|CSYJ.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Mar 1999|
|CSYJ.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Feb 2011|
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; computer systems integration; computer 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; designs and installs high temperature thermal process and incineration systems; and designs and develops water treatment and disposal technology for the oil and gas markets. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/12/30 00:38|
|End of Day Share Price||2019/10/01 00:00|
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.