Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

CosmoSteel Holdings

DB:CMR
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CMR
DB
SGD24M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

CosmoSteel Holdings Limited, an investment holding company, engages in sourcing and distributing piping system components. The last earnings update was 93 days ago. More info.


Add to Portfolio Compare Print
  • CosmoSteel Holdings has significant price volatility in the past 3 months.
CMR Share Price and Events
7 Day Returns
-1.6%
DB:CMR
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
43.2%
DB:CMR
-57.2%
Europe Energy Services
-20.9%
DE Market
CMR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CosmoSteel Holdings (CMR) -1.6% -13.7% -34.4% 43.2% -64.2% -88.5%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • CMR outperformed the Energy Services industry which returned -57.2% over the past year.
  • CMR outperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
CMR
Industry
5yr Volatility vs Market

Value

 Is CosmoSteel Holdings 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 CosmoSteel Holdings 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 CosmoSteel Holdings.

DB:CMR 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 6.8%
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:CMR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.912 (1 + (1- 17%) (75.69%))
1.324
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.32
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.324 * 5.44%)
6.81%

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

The calculations below outline how an intrinsic value for CosmoSteel Holdings 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:CMR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 6.81%)
2020 5.44 Est @ 78.43% 5.10
2021 8.43 Est @ 54.78% 7.38
2022 11.65 Est @ 38.23% 9.56
2023 14.75 Est @ 26.65% 11.33
2024 17.48 Est @ 18.53% 12.57
2025 19.73 Est @ 12.86% 13.29
2026 21.48 Est @ 8.88% 13.54
2027 22.79 Est @ 6.1% 13.45
2028 23.74 Est @ 4.15% 13.12
2029 24.40 Est @ 2.79% 12.62
Present value of next 10 years cash flows SGD111.00
DB:CMR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SGD24.40 × (1 + -0.39%) ÷ (6.81% – -0.39%)
SGD337.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD337.42 ÷ (1 + 6.81%)10
SGD174.53
DB:CMR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD111.00 + SGD174.53
SGD285.53
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD285.53 / 290.40
SGD0.98
DB:CMR Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:CMR represents 0.38889x of SGX:B9S
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.38889x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 0.98 x 0.38889
€0.38
Value per share (EUR) From above. €0.38
Current discount Discount to share price of €0.03
= -1 x (€0.03 - €0.38) / €0.38
91.8%

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

Current Discount
Amount off the current price CosmoSteel Holdings is available for.
Intrinsic value
>50%
Share price is €0.0315 vs Future cash flow value of €0.38236
Current Discount Checks
For CosmoSteel Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CosmoSteel Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CosmoSteel Holdings's share price is below the future cash flow value, and 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 CosmoSteel Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CosmoSteel Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CMR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in SGD SGD0.01
SGX:B9S Share Price ** SGX (2020-04-06) in SGD SGD0.08
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

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

** Primary Listing of CosmoSteel Holdings.

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

= SGX:B9S Share Price ÷ EPS (both in SGD)

= 0.08 ÷ 0.01

8.38x

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

  • CosmoSteel Holdings is good value based on earnings compared to the Europe Energy Services industry average.
  • CosmoSteel Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does CosmoSteel Holdings's expected growth come at a high price?
Raw Data
DB:CMR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*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 CosmoSteel Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CosmoSteel Holdings's assets?
Raw Data
DB:CMR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in SGD SGD0.26
SGX:B9S Share Price * SGX (2020-04-06) in SGD SGD0.08
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:CMR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:B9S Share Price ÷ Book Value per Share (both in SGD)

= 0.08 ÷ 0.26

0.31x

* Primary Listing of CosmoSteel Holdings.

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

  • CosmoSteel Holdings is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess CosmoSteel Holdings'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 Energy 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 Energy Services industry average (and greater than 0)? (1 check)
  5. CosmoSteel Holdings has a total score of 5/6, 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.

Future Performance

 How is CosmoSteel Holdings 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 CosmoSteel Holdings 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
21.1%
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CosmoSteel Holdings expected to grow at an attractive rate?
  • Unable to compare CosmoSteel Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare CosmoSteel Holdings's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare CosmoSteel Holdings's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:CMR Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*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:CMR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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:CMR Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2019-09-30 92 7 3
2019-06-30 90 2 -26
2019-03-31 86 0 -29
2018-12-31 86 -7 -30
2018-09-30 82 4 -32
2018-06-30 89 -11 -7
2018-03-31 95 -7 -7
2017-12-31 81 4 -11
2017-09-30 77 -5 -9
2017-06-30 67 6 -14
2017-03-31 58 -3 -12
2016-12-31 66 1 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if CosmoSteel Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if CosmoSteel Holdings 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:CMR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from CosmoSteel Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CMR Past Financials Data
Date (Data in SGD Millions) EPS *
2019-09-30 0.01
2019-06-30 -0.09
2019-03-31 -0.10
2018-12-31 -0.10
2018-09-30 -0.11
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.04
2017-09-30 -0.03
2017-06-30 -0.05
2017-03-31 -0.04
2016-12-31 -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 CosmoSteel Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether CosmoSteel Holdings is trading at CosmoSteel Holdings'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. CosmoSteel Holdings'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 Energy companies here
  3. CosmoSteel Holdings'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 CosmoSteel Holdings'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
CosmoSteel Holdings 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.

Past Performance

  How has CosmoSteel Holdings 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 CosmoSteel Holdings's growth in the last year to its industry (Energy 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.
  • CosmoSteel Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • CosmoSteel Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • CosmoSteel Holdings has become profitable in the last year making it difficult to compare the Europe Energy Services industry average.
Earnings and Revenue History
CosmoSteel Holdings'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 CosmoSteel Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CMR Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 91.58 2.81 11.17
2019-06-30 89.74 -25.56 11.42
2019-03-31 85.85 -28.68 11.32
2018-12-31 86.01 -29.80 10.89
2018-09-30 82.25 -32.32 10.91
2018-06-30 89.34 -6.65 10.64
2018-03-31 94.73 -7.04 11.03
2017-12-31 80.57 -11.09 11.46
2017-09-30 76.92 -9.38 12.06
2017-06-30 67.32 -13.57 12.46
2017-03-31 58.23 -11.92 12.83
2016-12-31 66.43 -6.65 13.22
2016-09-30 68.76 -7.58 13.36
2016-06-30 79.48 0.05 13.61
2016-03-31 88.99 -1.81 14.47
2015-12-31 100.60 -3.08 15.22
2015-09-30 109.90 -0.88 15.75
2015-06-30 127.19 0.11 15.20
2015-03-31 139.97 3.48 15.36
2014-12-31 149.40 5.44 16.97
2014-09-30 157.64 5.54 18.00
2014-06-30 149.77 4.68 20.17
2014-03-31 144.31 5.08 20.96
2013-12-31 145.08 4.99 20.12
2013-09-30 155.71 6.36 20.12
2013-06-30 149.11 7.69 20.18

*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.
  • CosmoSteel Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • CosmoSteel Holdings used its assets less efficiently than the Europe Energy Services industry average last year based on Return on Assets.
  • CosmoSteel Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess CosmoSteel Holdings'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 Energy 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.
CosmoSteel Holdings has a total score of 1/6, 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.

Health

 How is CosmoSteel Holdings'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 CosmoSteel Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CosmoSteel Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CosmoSteel Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CosmoSteel Holdings'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.4x 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 CosmoSteel Holdings Company Filings, last reported 6 months ago.

DB:CMR Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 76.27 17.79 8.69
2019-06-30 76.03 22.24 7.08
2019-03-31 74.78 30.24 8.50
2018-12-31 73.32 28.87 11.32
2018-09-30 73.46 28.97 14.35
2018-06-30 99.46 28.06 12.35
2018-03-31 101.33 30.15 12.62
2017-12-31 101.01 24.65 20.78
2017-09-30 103.64 31.82 22.90
2017-06-30 105.50 22.99 19.62
2017-03-31 109.02 13.86 13.21
2016-12-31 114.23 17.30 15.17
2016-09-30 115.22 17.81 18.67
2016-06-30 120.22 20.88 18.54
2016-03-31 120.79 27.99 21.37
2015-12-31 120.74 33.13 23.05
2015-09-30 122.63 41.61 26.82
2015-06-30 118.26 52.58 26.21
2015-03-31 120.68 61.54 35.03
2014-12-31 107.47 69.91 35.71
2014-09-30 107.08 70.17 35.46
2014-06-30 100.24 73.27 21.22
2014-03-31 99.39 75.37 21.12
2013-12-31 99.83 67.19 18.44
2013-09-30 99.36 64.65 22.09
2013-06-30 95.41 65.70 22.29
  • CosmoSteel Holdings's level of debt (23.3%) 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 (65.4% vs 23.3% today).
  • Debt is well covered by operating cash flow (39.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.5x coverage).
X
Financial health checks
We assess CosmoSteel Holdings'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. CosmoSteel Holdings has a total score of 6/6, 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.

Dividends

 What is CosmoSteel Holdings'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
3.09%
Current annual income from CosmoSteel Holdings dividends.
If you bought €2,000 of CosmoSteel Holdings shares you are expected to receive €62 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?
  • CosmoSteel Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.69%).
  • CosmoSteel Holdings's dividend is below the markets top 25% of dividend payers in Germany (4.85%).
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:CMR 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
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
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:CMR Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2020-01-06 0.003 3.212
2018-08-07 0.000 0.000
2018-05-10 0.000 0.000
2018-02-06 0.000 0.000
2018-01-08 0.000 0.000
2017-11-15 0.000 0.000
2017-01-25 0.005 3.850
2016-01-14 0.005 4.151
2015-01-15 0.005 2.579
2014-11-19 0.005 1.258
2014-01-02 0.010 2.532
2013-01-07 0.013 3.867
2011-12-29 0.010 5.343
2011-11-23 0.010 8.259
2011-01-06 0.005 3.064
2010-11-29 0.005 2.529
2010-01-12 0.008 3.243
2009-11-11 0.008 2.428

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of CosmoSteel Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.9x coverage).
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 CosmoSteel Holdings'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 CosmoSteel Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CosmoSteel Holdings has a total score of 2/6, see the detailed checks below.


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

Management

 What is the CEO of CosmoSteel Holdings'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
Jack Ong
COMPENSATION SGD372,240
AGE 41
TENURE AS CEO 0.8 years
CEO Bio

Mr. Tong Hai Ong, also known as Jack, serves as Chief Executive Officer of Cosmosteel Holdings Ltd. since July 15, 2019 and served as its Director of Logistics & Operations until July 15, 2019. Mr. Ong joined CosmoSteel in 1998, SpearHeads the development and implementation of policies and procedures to enhance the effectiveness and efficiency of the Cosmosteel’s logistics and operation functions. Since joining the Cosmosteel, He has been largely involved in inventory and warehousing logistics and management, information systems and technology management and administration. He has been an Executive Director of Cosmosteel Holdings Ltd since November 9, 2005. Mr. Ong was responsible for logistics and operations of Cosmosteel Holdings by, inter alia, developing and recommending strategic directions for its logistics and operation functions as well as developing and implementing policies and procedures to enhance the effectiveness and efficiency of the logistics and operation functions. His area of focus and responsibility has largely been in inventory and warehousing logistics and management, information systems and technology management as well as administration. Together with an external vendor, He was instrumental in spearHeading the setting-up and implementation of the ERP system for subsidiary, KSH in 1997, to enable KSH to monitor and keep track of inventory on a real time basis. He holds a Bachelor of Business (Accountancy) from the Royal Melbourne Institute of Technology, Australia.

CEO Compensation
  • Jack's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jack's remuneration is lower than average for companies of similar size in Germany.
Management Team

Jack Ong

TITLE
CEO & Executive Director
COMPENSATION
SGD372K
AGE
41
TENURE
0.8 yrs

Osamu Murai

TITLE
Executive Director
COMPENSATION
SGD336K
AGE
48

Bee Tan

TITLE
Financial Controller & Company Secretary

Bee Choo Teoh

TITLE
Human Resource Manager
AGE
68

Pih Peng Lee

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the CosmoSteel Holdings board of directors in years:

1.8
Average Tenure
49
Average Age
  • The average tenure for the CosmoSteel Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Beng Tin Low

TITLE
Independent Non-Executive Chairman
COMPENSATION
SGD82K
AGE
69

Jack Ong

TITLE
CEO & Executive Director
COMPENSATION
SGD372K
AGE
41
TENURE
14.4 yrs

Osamu Murai

TITLE
Executive Director
COMPENSATION
SGD336K
AGE
48
TENURE
1.8 yrs

Siew Fu Hor

TITLE
Independent Director
COMPENSATION
SGD19K
AGE
68
TENURE
1.5 yrs

Siok Chin Tan

TITLE
Independent Director
COMPENSATION
SGD77K
AGE
49
TENURE
13.1 yrs

Hiromasa Yamamoto

TITLE
Non-Executive Director
TENURE
0.8 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 (€)
16. Aug 19 Buy Tong Hai Ong Individual 15. Aug 19 15. Aug 19 572,600 €0.06 €33,659
08. Aug 19 Buy Tong Hai Ong Individual 13. Jun 19 13. Jun 19 30,000 €0.06 €1,726
17. Jun 19 Buy Tong Hai Ong Individual 14. Jun 19 14. Jun 19 70,000 €0.06 €3,947
12. Jun 19 Buy Tong Hai Ong Individual 11. Jun 19 11. Jun 19 21,000 €0.06 €1,199
11. Jun 19 Buy Tong Hai Ong Individual 10. Jun 19 10. Jun 19 99,300 €0.06 €5,770
10. Jun 19 Buy Tong Hai Ong Individual 07. Jun 19 07. Jun 19 40,600 €0.06 €2,470
06. Jun 19 Buy Tong Hai Ong Individual 04. Jun 19 04. Jun 19 49,300 €0.06 €2,965
03. Jun 19 Buy Tong Hai Ong Individual 31. May 19 31. May 19 15,400 €0.06 €977
31. May 19 Buy Tong Hai Ong Individual 30. May 19 30. May 19 456,500 €0.06 €28,336
30. May 19 Buy Tong Hai Ong Individual 29. May 19 29. May 19 112,000 €0.06 €6,804
29. May 19 Buy Tong Hai Ong Individual 28. May 19 28. May 19 945,900 €0.05 €51,625
29. May 19 Buy Tong Hai Ong Individual 27. May 19 27. May 19 447,400 €0.05 €22,123
29. May 19 Buy Tong Hai Ong Individual 24. May 19 24. May 19 1,741,100 €0.05 €81,621
X
Management checks
We assess CosmoSteel Holdings'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. CosmoSteel Holdings 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.

News

Simply Wall St News

Company Info

Description

CosmoSteel Holdings Limited, an investment holding company, engages in sourcing and distributing piping system components. It operates through Energy, Marine, Trading, and Others segments. The company’s products include steel pipes, flanges, and fittings; and structural beams, channels, plates, flats, and hollow sections. It also offers electrical cables, switching and distributing systems, terminal and junction boxes and switches, light fittings, and isolators; and carbon, low temp carbon, stainless, duplex, and low alloys steel. In addition, the company provides customization, validation, testing, expedited delivery, and project management services. It serves companies in oil and gas, engineering and construction, petrochemical, power, shipbuilding and repair, manufacturing, and pharmaceutical industries, as well as traders. The company primarily operates in Brunei, Europe, Indonesia, Japan, Malaysia, the Middle East, Singapore, Thailand, Vietnam, Australia, China, and the Philippines. CosmoSteel Holdings Limited was founded in 1984 and is headquartered in Singapore.

Details
Name: CosmoSteel Holdings Limited
CMR
Exchange: DB
Founded: 1984
SGD15,139,754
290,399,997
Website: http://www.cosmosteel.com
Address: CosmoSteel Holdings Limited
14 Lok Yang Way,
Singapore,
628633,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX B9S Ordinary Shares Singapore Exchange SG SGD 22. Jun 2007
DB CMR Ordinary Shares Deutsche Boerse AG DE EUR 22. Jun 2007
Number of employees
Current staff
Staff numbers
97
CosmoSteel Holdings employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 01:32
End of day share price update: 2020/04/06 00:00
Last earnings filing: 2020/01/05
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/09/30


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.