Venture Corporation Limited

V03.SI : Singapore Exchange

14.060

-0.78%

Share Price in SGD. As of 29 May 09:42:35 SGT

Chart

Key stats

  • 52-Week High
    SGD 16.380
  • 52-Week Low
    SGD 11.360
  • Market Cap
    SGD 4.1B
  • Avg Volume
    785K
  • P/E Ratio (TTM)
    15.12
  • Forward Dividend Yield
    5.29%

Share Price Performance

V03.SI
Market
1 Day -0.07% 0.18%
5 Day -0.28% 0.31%
1 Month -2.70% 1.55%
6 Month 10.62% 8.05%
YTD 0.86% 3.19%
1 Year -6.14% -1.21%
5 Year -9.52% 0.98%
Include dividend return

All

Market Analysis

Consensus Share Price Target

Price Target: $14.954

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 29 May 2024

Analyst Ratings

  • CGS-CIMB

    24 Jan 2024

    Add

    15.900

    (prev 16.610)

  • DBS Research

    23 Feb 2024

    Buy

    16.900

    (prev 15.100)

  • Maybank Research

    23 Feb 2024

    Buy

    15.800

    (prev 15.500)

  • Phillip Securities

    26 Feb 2024

    Neutral

    12.750

    (prev 12.500)

  • RHB Invest

    21 Dec 2023

    Neutral

    13.900

    (prev 14.700)

  • UOB Kay Hian

    04 Mar 2024

    Buy

    (prev Hold)

    16.370

Analyst Reports

Beansprout Insights

Valuation

Price to earnings (P/E) ratio

Current P/E
13.1
Historical Average P/E
13.8

Venture Corporation Limited's current P/E ratio of 13.1x is lower than its historical average P/E ratio of 13.8x.

Price to book (P/B) ratio

Current P/B
1.5
Historical Average P/B
1.8

Venture Corporation Limited's current P/B ratio of 1.5x is lower than its historical average P/B ratio of 1.8x.

Earnings

Earnings Highlights

1Q 2024 Results Summary

  • Revenue: SGD 666.70M

    Decreased 19% Year-on-Year

    lower overall customer demand amid some remaining headwinds, which are beginning to taper off

  • Net Profit: SGD 60M

    Decreased 1,834% Year-on-Year

    increasing focus on operational execution and productivity enhancements

Earnings per share (EPS)

The latest earnings per share is $0.93, which is lower than the earnings per share of $1.27 in 2022.

Financials

Financial Statements

22 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

04 Aug 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

04 Apr 2024

Annual Report

For period ending 31 Dec 2023

News

Profile

Company Description

Venture Manufacturing (S) Ltd was incorporated in 1984 to provide contract manufacturing services to companies in the electronics and computer-related industries. In 1989, the Company formed the Venture Group with the merger and acquisition of Multitech Systems Pte Ltd and Technocom Systems Sdn Bhd. The Venture group comprises about 30 companies with global clusters of excellence in South-East Asia, North-East Asia, the Americas and Europe Venture offers high value-added and highly efficient manufacturing services to MNCs using state-of-the-art manufacturing process technology and test development capability. In addition, Venture provides an excellent range of pre-manufacturing services including design, prototyping and engineering services, as well as post-manufacturing services including after-sales repairs, customisation and fulfillment logistics. Venture Manufacturing (Singapore) Ltd changed its name to Venture Corporation Limited wef 17 May 2002.

FAQ

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