FAR EAST ORCHARD LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.01 SGD | +1.00% |
|
-0.98% | 0.00% |
| Apr. 26 | Singapore Shares Fall Tracking Overnight Declines in Europe, US; iFast Climbs 2% | MT |
| Apr. 26 | Far East Orchard Buys 49% Stake in UK-based Accommodation Operator | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 524.6 | 521.6 | 491.9 | 506.3 | 517.5 | 492.6 |
| Enterprise Value (EV) 1 | 702.5 | 1,121 | 1,185 | 1,191 | 1,125 | 1,110 |
| P/E ratio | 15.7 x | 20 x | 312 x | 17.8 x | 23.4 x | 7.37 x |
| Yield | 5% | 5.04% | 2.78% | 2.75% | 2.75% | 3.96% |
| Capitalization / Revenue | 3.48 x | 3.34 x | 4.38 x | 4.74 x | 3.67 x | 2.68 x |
| EV / Revenue | 4.66 x | 7.18 x | 10.6 x | 11.2 x | 7.98 x | 6.05 x |
| EV / EBITDA | 24.5 x | 32.2 x | 79.9 x | 77.4 x | 34 x | 25.6 x |
| EV / FCF | 77.3 x | 75.4 x | 342 x | -102 x | 109 x | 85.4 x |
| FCF Yield | 1.29% | 1.33% | 0.29% | -0.98% | 0.92% | 1.17% |
| Price to Book | 0.41 x | 0.42 x | 0.4 x | 0.4 x | 0.4 x | 0.36 x |
| Nbr of stocks (in thousands) | 437,204 | 438,360 | 455,485 | 464,534 | 474,726 | 487,757 |
| Reference price 2 | 1.200 | 1.190 | 1.080 | 1.090 | 1.090 | 1.010 |
| Announcement Date | 4/7/19 | 4/12/20 | 4/8/21 | 3/30/22 | 4/3/23 | 4/8/24 |
1SGD in Million2SGD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 150.9 | 156.1 | 112.2 | 106.8 | 141 | 183.6 |
| EBITDA 1 | 28.64 | 34.79 | 14.84 | 15.4 | 33.11 | 43.42 |
| EBIT 1 | 15.28 | 22.78 | 3.867 | 4.072 | 21.6 | 32.66 |
| Operating Margin | 10.13% | 14.59% | 3.45% | 3.81% | 15.32% | 17.79% |
| Earnings before Tax (EBT) 1 | 35.66 | 29.93 | -3.359 | 29.08 | 22.9 | 80.37 |
| Net income 1 | 32.94 | 26.03 | 1.538 | 28.13 | 21.92 | 65.95 |
| Net margin | 21.83% | 16.68% | 1.37% | 26.33% | 15.55% | 35.91% |
| EPS 2 | 0.0764 | 0.0595 | 0.003464 | 0.0612 | 0.0467 | 0.1370 |
| Free Cash Flow 1 | 9.085 | 14.86 | 3.461 | -11.66 | 10.33 | 13.01 |
| FCF margin | 6.02% | 9.52% | 3.08% | -10.91% | 7.33% | 7.09% |
| FCF Conversion (EBITDA) | 31.72% | 42.71% | 23.33% | - | 31.18% | 29.97% |
| FCF Conversion (Net income) | 27.58% | 57.08% | 225.02% | - | 47.11% | 19.73% |
| Dividend per Share 2 | 0.0600 | 0.0600 | 0.0300 | 0.0300 | 0.0300 | 0.0400 |
| Announcement Date | 4/7/19 | 4/12/20 | 4/8/21 | 3/30/22 | 4/3/23 | 4/8/24 |
1SGD in Million2SGD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 178 | 599 | 693 | 685 | 607 | 618 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.209 x | 17.23 x | 46.7 x | 44.48 x | 18.34 x | 14.23 x |
| Free Cash Flow 1 | 9.08 | 14.9 | 3.46 | -11.7 | 10.3 | 13 |
| ROE (net income / shareholders' equity) | 2.6% | 2.01% | -0.7% | 1.32% | 1.66% | 4.95% |
| ROA (Net income/ Total Assets) | 0.45% | 0.61% | 0.09% | 0.1% | 0.52% | 0.79% |
| Assets 1 | 7,298 | 4,276 | 1,640 | 28,997 | 4,189 | 8,319 |
| Book Value Per Share 2 | 2.890 | 2.850 | 2.720 | 2.760 | 2.730 | 2.780 |
| Cash Flow per Share 2 | 0.5900 | 0.5900 | 0.6100 | 0.5500 | 0.4900 | 0.4600 |
| Capex 1 | 4.63 | 0.86 | 1.64 | 10 | 1.09 | 4.17 |
| Capex / Sales | 3.07% | 0.55% | 1.46% | 9.37% | 0.77% | 2.27% |
| Announcement Date | 4/7/19 | 4/12/20 | 4/8/21 | 3/30/22 | 4/3/23 | 4/8/24 |
1SGD in Million2SGD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| 0.00% | 362M | |
| +36.16% | 27.94B | |
| -13.74% | 26.97B | |
| +25.00% | 26.95B | |
| -0.71% | 25.32B | |
| +44.49% | 22.58B | |
| +2.78% | 19.59B | |
| +1.45% | 19.52B | |
| +28.54% | 16.23B | |
| -14.80% | 14.98B |
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- Financials Far East Orchard Limited
