Sheng Siong Group Ltd
OV8.SI : Singapore Exchange
1.500
0.00%
Share Price in SGD. As of 12 Sep 17:11:59 SGT
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Key stats
Sheng Siong Group Ltd’s share price has decreased by 3.8% over the past 1 year. It has underperformed the Singapore stock market during this period.
- 52 Week Range
- SGD 1.460 - 1.620
- Price vs historical high/low
- Near low
| OV8.SI | Market | |
|---|---|---|
| 1 Day | -0.7% | 0.5% |
| 5 Day | 0.0% | 3.0% |
| 1 Month | -3.2% | 9.9% |
| 6 Month | -0.7% | 13.2% |
| YTD | -5.7% | 10.1% |
| 1 Year | -3.8% | 15.7% |
| 5 Year | 20.0% | 11.4% |
- Market Cap
- SGD 2.3B
- P/E
- 16.67
- P/E lower than historical average
- Yes
- P/B
- 4.37
- P/B lower than historical average
- Yes
Recently happened to Sheng Siong Group Ltd
26 Apr 2024 • Earnings
Market Analysis
Consensus Share Price Target
Sheng Siong Group Ltd’s price target is $1.738, according to consensus estimates as of 12 Sep 2024. Sheng Siong Group Ltd’s with a price target of $1.738 and current price of $1.50, has an upside potential of 15.9%.
Price Target: $1.738
Source: SGX as of 12 Sep 2024
Analyst Ratings
CGS-CIMB
28 Feb 2024
Add
1.880
(prev 1.820)
DBS Research
30 Oct 2023
Hold
1.620
(prev 1.760)
OCBC Investment
20 Dec 2023
Buy
1.920
Phillip Securities
30 Oct 2023
Buy
1.800
(prev 1.980)
RHB Invest
03 Jan 2024
Buy
1.990
UOB Kay Hian
02 Nov 2023
Buy
1.970
Analyst Reports
Valuation
Price to earnings (P/E) ratio
16.67
16.41
Sheng Siong Group Ltd's current P/E ratio of 16.7x is higher than its historical average P/E ratio of 16.41x.
P/E Ratio over Past 10 Years
Price to book (P/B) ratio
4.37
4.81
Sheng Siong Group Ltd's current P/B ratio of 4.37x is lower than its historical average P/B ratio of 4.81x.
Earnings
Earnings Highlights
FY2023 Results Summary
Revenue: SGD 1.37B
Increased 2% Year-on-Year
Revenue increase was primarily driven by the 6 new stores, and partially offset by lower renenue from the Yishun store that was closed in FY22 due to lease expiration.
Net Profit: SGD 134M
Increased 0% Year-on-Year
Constant refinement efforts to establish a more favourable sales mix, while addressing increased staff and utilities expenses.
Return on Equity (ROE): 27%
Decreased 8% Year-on-Year
Dividend Per Share: SGD 0.06
Increased 0% Year-on-Year
Outlook
In Singapore, the GST hike and rising transport and utility fares, among others, are bound to weigh on economic activity, To manage the escalated cost of living consumers may adopt cost-cutting measures such as choosing home-cooked meals, patronising value-driven supermarkets, opting for more affordable house brand products, and frequenting budget-friendly supermarkets. Additionally, supportive government measures like the new Cost-of-Living support package and GST voucher schemes are expected to boost favouurable supermarket revenue trends even further.
Sources: Sheng Siong Group Ltd Financial Report
Earnings per share (EPS)
Sheng Siong Group Ltd's' latest earnings per share is $0.09, which is inline with the earnings per share of $0.09 in 2022.
Financials
Financial Statements
| 29 Jul 2024 | For period ending 30 Jun 2024 |
| 25 Apr 2024 | For period ending 31 Mar 2024 |
| 27 Feb 2024 | For period ending 31 Dec 2023 |
| 26 Oct 2023 | For period ending 30 Sep 2023 |
Annual Reports
| 02 Apr 2024 | For period ending 31 Dec 2023 |
| 02 Apr 2024 | For period ending 31 Dec 2023 |