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Advancer Global

DB:851
Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
851
DB
SGD38M
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

Advancer Global Limited, an investment holding company, provides workforce solutions and services in Singapore. The last earnings update was 33 days ago. More info.


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  • Advancer Global has significant price volatility in the past 3 months.
851 Share Price and Events
7 Day Returns
-49.4%
DB:851
-0.5%
DE Commercial Services
2.2%
DE Market
1 Year Returns
-71.4%
DB:851
-32%
DE Commercial Services
-17.2%
DE Market
851 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Advancer Global (851) -49.4% -63% -73.5% -71.4% - -
DE Commercial Services -0.5% -22% -34% -32% -33.4% -44.1%
DE Market 2.2% -15.7% -24% -17.2% -23.3% -27.8%
1 Year Return vs Industry and Market
  • 851 underperformed the Commercial Services industry which returned -32% over the past year.
  • 851 underperformed the Market in Germany which returned -17.2% over the past year.
Price Volatility
851
Industry
5yr Volatility vs Market

851 Value

 Is Advancer Global undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Advancer Global to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Advancer Global.

DB:851 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:851
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.61
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.607 (1 + (1- 17%) (10.11%))
0.771
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 5.44%)
3.96%

Discounted Cash Flow Calculation for DB:851 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Advancer Global is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:851 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 3.96%)
2020 1.84 Est @ -4.89% 1.77
2021 1.77 Est @ -3.54% 1.64
2022 1.72 Est @ -2.59% 1.53
2023 1.69 Est @ -1.93% 1.45
2024 1.67 Est @ -1.47% 1.37
2025 1.65 Est @ -1.15% 1.30
2026 1.63 Est @ -0.92% 1.24
2027 1.62 Est @ -0.76% 1.19
2028 1.61 Est @ -0.65% 1.13
2029 1.60 Est @ -0.57% 1.08
Present value of next 10 years cash flows SGD13.00
DB:851 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SGD1.60 × (1 + -0.39%) ÷ (3.96% – -0.39%)
SGD36.62
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD36.62 ÷ (1 + 3.96%)10
SGD24.83
DB:851 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD13.00 + SGD24.83
SGD37.83
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD37.83 / 251.35
SGD0.15
DB:851 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:851 represents 0.13333x of Catalist:43Q
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.13333x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 0.15 x 0.13333
€0.02
Value per share (EUR) From above. €0.02
Current discount Discount to share price of €0.02
= -1 x (€0.02 - €0.02) / €0.02
0.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Advancer Global is available for.
Intrinsic value
0%
Share price is €0.02 vs Future cash flow value of €0.02007
Current Discount Checks
For Advancer Global to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Advancer Global's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Advancer Global's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Advancer Global's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Advancer Global's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:851 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SGD SGD0.00
Catalist:43Q Share Price ** Catalist (2020-03-31) in SGD SGD0.15
Germany Commercial Services Industry PE Ratio Median Figure of 6 Publicly-Listed Commercial Services Companies 95.98x
Germany Market PE Ratio Median Figure of 398 Publicly-Listed Companies 16.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Advancer Global.

DB:851 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= Catalist:43Q Share Price ÷ EPS (both in SGD)

= 0.15 ÷ 0.00

80.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Advancer Global is good value based on earnings compared to the DE Commercial Services industry average.
  • Advancer Global is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Advancer Global's expected growth come at a high price?
Raw Data
DB:851 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 80.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Commercial Services Industry PEG Ratio Median Figure of 50 Publicly-Listed Commercial Services Companies 1.12x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Advancer Global, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Advancer Global's assets?
Raw Data
DB:851 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SGD SGD0.17
Catalist:43Q Share Price * Catalist (2020-03-31) in SGD SGD0.15
Germany Commercial Services Industry PB Ratio Median Figure of 9 Publicly-Listed Commercial Services Companies 2.14x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.44x
DB:851 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= Catalist:43Q Share Price ÷ Book Value per Share (both in SGD)

= 0.15 ÷ 0.17

0.86x

* Primary Listing of Advancer Global.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Advancer Global is good value based on assets compared to the DE Commercial Services industry average.
X
Value checks
We assess Advancer Global's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Advancer Global has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

851 Future Performance

 How is Advancer Global expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Advancer Global has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23.6%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Advancer Global expected to grow at an attractive rate?
  • Unable to compare Advancer Global's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Advancer Global's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Advancer Global's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:851 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 23.6%
Germany Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:851 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:851 Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2019-12-31 71 3 0
2019-09-30 70 2 0
2019-06-30 69 2 0
2019-03-31 68 2 1
2018-12-31 67 2 1
2018-09-30 67 2 2
2018-06-30 66 2 2
2018-03-31 66 3 3
2017-12-31 65 3 3
2017-09-30 62 3 3
2017-06-30 60 4 3
2017-03-31 55 4 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Advancer Global is high growth as no earnings estimate data is available.
  • Unable to determine if Advancer Global is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:851 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Advancer Global Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:851 Past Financials Data
Date (Data in SGD Millions) EPS *
2019-12-31 0.00
2019-09-30 0.00
2019-06-30 0.00
2019-03-31 0.00
2018-12-31 0.01
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.01
2017-12-31 0.02
2017-09-30 0.02
2017-06-30 0.02
2017-03-31 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Advancer Global will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Advancer Global's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Advancer Global's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Advancer Global's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Advancer Global's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Advancer Global has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

851 Past Performance

  How has Advancer Global performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Advancer Global's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Advancer Global's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Advancer Global's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Advancer Global's 1-year earnings growth is negative, it can't be compared to the Europe Commercial Services industry average.
Earnings and Revenue History
Advancer Global's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Advancer Global Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:851 Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 70.94 0.47 15.44
2019-09-30 69.91 0.35 16.60
2019-06-30 68.87 0.22 17.17
2019-03-31 68.07 0.78 17.26
2018-12-31 67.28 1.34 17.35
2018-09-30 66.70 1.86 16.71
2018-06-30 66.11 2.38 16.67
2018-03-31 65.68 2.72 16.68
2017-12-31 65.26 3.06 16.70
2017-09-30 62.43 3.05 15.51
2017-06-30 59.60 3.04 14.33
2017-03-31 55.25 2.86 12.84
2016-12-31 50.91 2.68 11.36
2016-09-30 48.97 3.35 9.95
2016-06-30 47.03 4.03 8.54
2016-03-31 45.91 4.20 8.35
2015-12-31 44.79 4.37 8.16
2014-12-31 39.01 2.55 7.19
2013-12-31 35.80 2.59 6.92

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Advancer Global has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Advancer Global used its assets less efficiently than the DE Commercial Services industry average last year based on Return on Assets.
  • It is difficult to establish if Advancer Global improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Advancer Global's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Advancer Global has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

851 Health

 How is Advancer Global's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Advancer Global's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Advancer Global is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Advancer Global's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Advancer Global's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 71.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Advancer Global Company Filings, last reported 3 months ago.

DB:851 Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 44.17 0.62 25.65
2019-09-30 44.17 0.62 25.65
2019-06-30 44.29 0.64 24.56
2019-03-31 44.29 0.64 24.56
2018-12-31 44.11 0.65 26.99
2018-09-30 44.11 0.65 26.99
2018-06-30 23.66 1.17 4.48
2018-03-31 23.66 1.17 4.48
2017-12-31 22.07 1.28 8.66
2017-09-30 22.07 1.28 8.66
2017-06-30 22.39 0.73 12.02
2017-03-31 22.39 0.73 12.02
2016-12-31 16.18 0.60 8.70
2016-09-30 16.18 0.60 8.70
2016-06-30 6.31 0.66 3.18
2016-03-31 6.31 0.66 3.18
2015-12-31 4.98 1.02 4.83
2014-12-31 3.77 0.73 3.93
2013-12-31 7.71 1.13 2.73
  • Advancer Global's level of debt (1.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (16.4% vs 1.4% today).
  • Debt is well covered by operating cash flow (438%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Advancer Global's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Advancer Global's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Advancer Global has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

851 Dividends

 What is Advancer Global's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Advancer Global dividends.
If you bought €2,000 of Advancer Global shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Advancer Global's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Advancer Global's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:851 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:851 Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2020-02-28 0.000 0.000
2019-08-14 0.000 0.000
2019-05-08 0.003 1.988
2018-08-15 0.006 2.750
2018-04-11 0.008 2.713
2017-08-08 0.010 3.415
2017-02-24 0.009 2.642
2016-08-10 0.007 1.820

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Advancer Global has not reported any payouts.
  • Unable to verify if Advancer Global's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Advancer Global's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Advancer Global has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Advancer Global's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Advancer Global afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Advancer Global has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

851 Management

 What is the CEO of Advancer Global's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gary Chin
AGE 49
CEO Bio

Mr. Mei Yang Chin, also known as Gary, serves as Chief Executive Officer at Advancer Global Limited and has been its Executive Director since February 2, 2016. Mr. Chin has more than 20 years of experience in the Employment Services Business and is responsible for the overall administration, operation and management. He began his career in 1996 with Peninsula Employment Services, with a focus on the expansion of the Employment Services Business in Singapore. He was responsible for the day-to-day operations of Peninsula Employment Services, before co-founding Beauty World Employment Pte Ltd in 2001, where he was responsible for its overall administration, operation and management. In 2009, he was appointed as a Director of Nation Employment to oversee the business development and growth of Employment Services Business. He graduated with a Bachelor of Engineering (Hons) from the University Of Aberdeen, Scotland in 1995.

CEO Compensation
  • Insufficient data for Gary to compare compensation growth.
  • Insufficient data for Gary to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Gary Chin

TITLE
CEO & Executive Director
AGE
49

Michelle Li

TITLE
Chief Financial Officer
AGE
44
TENURE
5.3 yrs

Desmond Chin

TITLE
Executive Director
AGE
54
TENURE
0.3 yrs

Eng Tiang Ong

TITLE
Head of Building Management & Security Services and Executive Director
AGE
51

Francis Chin

TITLE
Head of Employment Services
AGE
62

Chee Mei Sin

TITLE
Company Secretary

Wei Jia Koo

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the Advancer Global board of directors in years:

3.8
Average Tenure
51.5
Average Age
  • The tenure for the Advancer Global board of directors is about average.
Board of Directors

Danny Lim

TITLE
Independent Non-Executive Chairman
AGE
46
TENURE
0.3 yrs

Gary Chin

TITLE
CEO & Executive Director
AGE
49
TENURE
4.2 yrs

Desmond Chin

TITLE
Executive Director
AGE
54
TENURE
3.8 yrs

Eng Tiang Ong

TITLE
Head of Building Management & Security Services and Executive Director
AGE
51
TENURE
3.8 yrs

Soo Chew Loy

TITLE
Independent Director
AGE
52

Francis Yau

TITLE
Independent Director
AGE
55
TENURE
3.8 yrs

Vincent Leow

TITLE
Independent Director
AGE
41
TENURE
3.8 yrs

Takehito Hirano

TITLE
Non-Independent Non-Executive Director
AGE
58
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Advancer Global's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Advancer Global has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

851 News

Simply Wall St News

851 Company Info

Description

Advancer Global Limited, an investment holding company, provides workforce solutions and services in Singapore. It operates through three segments: Employment Services Business, Building Management Business, and Security Services Business. The Employment Services Business segment offers services for the sourcing, employment, and training of foreign domestic workers for households, as well as foreign workers, corporates, and organizations. The Building Management Business segment provides integrated building facility management services, including property consultancy, property and facilities management, property valuation, investment sales, cleaning and stewarding, waste management, landscape, pest control, and fumigation services to hospitals, hotels, schools, residential, commercial, industrial, and other properties. The Security Services Business segment offers manpower and technology for security solutions and services to commercial, industrial, and residential properties, as well as security escort services, remote surveillance and security consultancy services, such as crisis management. Advancer Global Limited was incorporated in 2016 and is based in Singapore.

Details
Name: Advancer Global Limited
851
Exchange: DB
Founded: 2016
SGD24,129,728
251,348,691
Website: http://advancer.sg
Address: Advancer Global Limited
135 Jurong Gateway Road No. 05-317,
Singapore,
600135,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
Catalist 43Q Ordinary Shares Singapore Exchange Catalist Market SG SGD 11. Jul 2016
DB 851 Ordinary Shares Deutsche Boerse AG DE EUR 11. Jul 2016
Number of employees
Current staff
Staff numbers
0
Advancer Global employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 03:21
End of day share price update: 2020/03/31 00:00
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.