Financials Far East Group Limited

Equities

5TJ

SG2D48972988

Electrical Components & Equipment

Market Closed - Singapore S.E. 02:32:41 2024-03-28 am EDT 5-day change 1st Jan Change
0.058 SGD -1.69% Intraday chart for Far East Group Limited -.--% -26.58%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 16.49 13.82 12.15 11.03 11.37 8.805
Enterprise Value (EV) 1 20.25 42.49 42.69 48.88 51.27 48.13
P/E ratio 0.64 x -9.62 x -1.69 x -345 x 5.48 x -2.4 x
Yield 19.7% 1.45% 1.65% 1.82% 1.96% -
Capitalization / Revenue 0.4 x 0.2 x 0.22 x 0.13 x 0.11 x 0.11 x
EV / Revenue 0.5 x 0.6 x 0.78 x 0.59 x 0.49 x 0.6 x
EV / EBITDA -10.9 x 20.8 x -12 x 18.9 x 9.01 x -104 x
EV / FCF -18.3 x -5.18 x 21.1 x -29.8 x -299 x 9.25 x
FCF Yield -5.45% -19.3% 4.73% -3.35% -0.33% 10.8%
Price to Book 0.31 x 0.27 x 0.28 x 0.25 x 0.25 x 0.23 x
Nbr of stocks (in thousands) 108,480 111,462 111,462 111,462 111,462 111,462
Reference price 2 0.1520 0.1240 0.1090 0.0990 0.1020 0.0790
Announcement Date 4/10/19 5/29/20 4/13/21 4/12/22 4/10/23 4/8/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 40.79 70.61 54.57 83.08 104.2 79.56
EBITDA 1 -1.85 2.043 -3.55 2.58 5.689 -0.462
EBIT 1 -3.743 -0.1657 -5.59 0.55 4.033 -1.994
Operating Margin -9.18% -0.23% -10.24% 0.66% 3.87% -2.51%
Earnings before Tax (EBT) 1 25.71 -1.015 -6.994 0.982 2.193 -3.479
Net income 1 25.72 -1.425 -7.179 -0.032 2.073 -3.667
Net margin 63.06% -2.02% -13.16% -0.04% 1.99% -4.61%
EPS 2 0.2371 -0.0129 -0.0644 -0.000287 0.0186 -0.0329
Free Cash Flow 1 -1.104 -8.199 2.019 -1.638 -0.1714 5.204
FCF margin -2.71% -11.61% 3.7% -1.97% -0.16% 6.54%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0300 0.001800 0.001800 0.001800 0.002000 -
Announcement Date 4/10/19 5/29/20 4/13/21 4/12/22 4/10/23 4/8/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 3.76 28.7 30.5 37.8 39.9 39.3
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -2.031 x 14.03 x -8.603 x 14.67 x 7.014 x -85.11 x
Free Cash Flow 1 -1.1 -8.2 2.02 -1.64 -0.17 5.2
ROE (net income / shareholders' equity) 64.2% -2.6% -14.4% 0.6% 4.69% -8.68%
ROA (Net income/ Total Assets) -2.92% -0.1% -3.1% 0.3% 2.04% -1.05%
Assets 1 -881.9 1,446 231.8 -10.78 101.4 347.8
Book Value Per Share 2 0.4800 0.4600 0.3900 0.4000 0.4100 0.3400
Cash Flow per Share 2 0.0500 0.0500 0.0700 0.0600 0.0500 0.0500
Capex 1 2.05 0.3 0.23 1.11 0.49 0.53
Capex / Sales 5.03% 0.43% 0.42% 1.34% 0.47% 0.66%
Announcement Date 4/10/19 5/29/20 4/13/21 4/12/22 4/10/23 4/8/24
1SGD in Million2SGD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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