Financials Sing Holdings Limited

Equities

5IC

SG1T28930090

Real Estate Development & Operations

Market Closed - Singapore S.E. 10:04:13 15/05/2024 BST 5-day change 1st Jan Change
0.325 SGD +1.56% Intraday chart for Sing Holdings Limited 0.00% -4.41%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 154.4 158.4 146.4 152.4 144.4 136.3
Enterprise Value (EV) 1 292.3 221.8 271.1 613.7 336.6 347.6
P/E ratio 13.8 x 3.49 x 8.84 x 15.5 x 13.3 x 17.1 x
Yield 3.12% 4.68% 2.74% 2.63% 2.78% 2.94%
Capitalization / Revenue 2.03 x 0.5 x 0.85 x 1.25 x 2.33 x 23.4 x
EV / Revenue 3.84 x 0.7 x 1.57 x 5.04 x 5.43 x 59.7 x
EV / EBITDA 13.5 x 2.45 x 6.06 x 25.4 x 22.7 x 41 x
EV / FCF 6.87 x 5.49 x -4.08 x -1.79 x 1 x -21.5 x
FCF Yield 14.5% 18.2% -24.5% -55.9% 99.8% -4.65%
Price to Book 0.6 x 0.54 x 0.47 x 0.48 x 0.46 x 0.43 x
Nbr of stocks (in thousands) 400,995 400,995 400,995 400,995 400,995 400,995
Reference price 2 0.3850 0.3950 0.3650 0.3800 0.3600 0.3400
Announcement Date 04/04/19 09/04/20 05/04/21 05/04/22 03/04/23 04/04/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 76.22 316.4 173.1 121.7 62.01 5.826
EBITDA 1 21.6 90.46 44.72 24.12 14.81 8.472
EBIT 1 21.42 90.37 44.66 24.12 12.58 7.192
Operating Margin 28.1% 28.56% 25.8% 19.81% 20.29% 123.45%
Earnings before Tax (EBT) 1 16.68 83.17 36.07 19.81 13.74 12.21
Net income 1 11.15 45.37 16.56 9.834 10.84 7.97
Net margin 14.63% 14.34% 9.57% 8.08% 17.49% 136.8%
EPS 2 0.0278 0.1131 0.0413 0.0245 0.0270 0.0199
Free Cash Flow 1 42.52 40.36 -66.41 -343 336 -16.17
FCF margin 55.78% 12.76% -38.37% -281.75% 541.81% -277.58%
FCF Conversion (EBITDA) 196.85% 44.61% - - 2,269.05% -
FCF Conversion (Net income) 381.19% 88.95% - - 3,098.58% -
Dividend per Share 2 0.0120 0.0185 0.0100 0.0100 0.0100 0.0100
Announcement Date 04/04/19 09/04/20 05/04/21 05/04/22 03/04/23 04/04/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 138 63.4 125 461 192 211
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.386 x 0.7005 x 2.79 x 19.13 x 12.98 x 24.94 x
Free Cash Flow 1 42.5 40.4 -66.4 -343 336 -16.2
ROE (net income / shareholders' equity) 5.27% 22.5% 8.2% 4.34% 3.9% 3.09%
ROA (Net income/ Total Assets) 2.32% 10.9% 5.34% 2.08% 0.96% 0.6%
Assets 1 481.4 418 310.4 472.4 1,125 1,337
Book Value Per Share 2 0.6400 0.7400 0.7800 0.7800 0.7900 0.7900
Cash Flow per Share 2 0.2200 0.1400 0.0900 0.0400 0.2600 0.2100
Capex 1 0.01 - 0.01 0.01 4.11 0.66
Capex / Sales 0.01% - 0% 0% 6.62% 11.4%
Announcement Date 04/04/19 09/04/20 05/04/21 05/04/22 03/04/23 04/04/24
1SGD in Million2SGD
Estimates
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