Sheng Siong Group Ltd

OV8.SI : Singapore Exchange

1.500

-0.66%

Share Price in SGD. As of 29 May 10:06:13 SGT

Chart

Key stats

  • 52-Week High
    SGD 1.690
  • 52-Week Low
    SGD 1.460
  • Market Cap
    SGD 2.3B
  • Avg Volume
    1.5M
  • P/E Ratio (TTM)
    16.67
  • Forward Dividend Yield
    4.21%

Share Price Performance

OV8.SI
Market
1 Day -0.66% 0.13%
5 Day 0.67% 0.27%
1 Month -3.23% 1.51%
6 Month -5.66% 8.00%
YTD -5.66% 3.14%
1 Year -8.54% -1.26%
5 Year 29.31% 0.93%
Include dividend return

All

Market Analysis

Consensus Share Price Target

Price Target: $1.853

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 25 Feb 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

Beansprout Insights

Valuation

Price to earnings (P/E) ratio

Current P/E
16.4
Historical Average P/E
17

Sheng Siong Group Ltd's current P/E ratio of 16.4x is lower than its historical average P/E ratio of 17x.

Price to book (P/B) ratio

Current P/B
4.2
Historical Average P/B
4.9

Sheng Siong Group Ltd's current P/B ratio of 4.2x is lower than its historical average P/B ratio of 4.9x.

Earnings

Earnings Highlights

1Q FY2024 Results Summary

  • Revenue: SGD 376.19M

    Increased 6% Year-on-Year

    Driven by higher same store sales, also supported by a longer sales period before Lunar New Year compared to last year.

  • Net Profit: SGD 36M

    Increased 9% Year-on-Year

    On the back of higher revenue and a better product mix.

Earnings per share (EPS)

The latest earnings per share is $0.09, which is similar to the earnings per share of $0.09 in 2022.

Financials

Financial Statements

27 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

26 Oct 2023

Third Quarter Results

For period ending 30 Sep 2023

27 Jul 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

02 Apr 2024

Annual Report

For period ending 31 Dec 2023

02 Apr 2024

Sustainability Report

For period ending 31 Dec 2023

News

Profile

Company Description

The Company was incorporated in Singapore on 10 November 2010 under the name of Sheng Siong Group Pte Ltd. The Company changed its name to Sheng Siong Group Ltd on 4 July 2011 in connection with its conversion to a public company limited. The Group comprises the Company and its subsidiaries, SS Supermarket, CMM Marketing and SS Malaysia. The Group is principally engaged in operating the Sheng Siong groceries chain. Its stores are primarily located in retail locations in the heartlands of Singapore, and designed to provide customers with both “wet and dry” shopping options, including a wide assortment of live, fresh and chilled produce, such as seafood, meat and vegetables, in addition to processed, packaged and/or preserved food products as well as general merchandise such as toiletries and essential household products. The Group has also developed a selection of housebrands to offer customers quality alternatives to national brands at substantial savings. To support its retail operations, the Group also has an extensive distribution network, food-processing facilities, and warehousing facilities. In May 2011, the Group completed construction of its new corporate headquarters and warehousing and distribution centre at Mandai Link.

FAQ

Hot stocks that may interest you