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Silverlake Axis

BST:8S5
Snowflake Description

Excellent balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8S5
BST
SGD1B
Market Cap
  1. Home
  2. DE
  3. Software
Company description

Silverlake Axis Ltd., an investment holding company, provides software solutions and services to the banking, insurance, retail, government, payment, and logistics industries. The last earnings update was 7 days ago. More info.


Add to Portfolio Compare Print
  • Silverlake Axis has significant price volatility in the past 3 months.
8S5 Share Price and Events
7 Day Returns
-3.2%
BST:8S5
0.3%
DE Software
-0.4%
DE Market
1 Year Returns
10.1%
BST:8S5
36.2%
DE Software
10.4%
DE Market
8S5 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Silverlake Axis (8S5) -3.2% -4% -19.2% 10.1% -29.2% -61.4%
DE Software 0.3% 3.6% 13.8% 36.2% 56.8% 121.8%
DE Market -0.4% 3% 11.1% 10.4% 13.8% 15.7%
1 Year Return vs Industry and Market
  • 8S5 underperformed the Software industry which returned 36.2% over the past year.
  • 8S5 matched the Germany Market (10.4%) over the past year.
Price Volatility
8S5
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Silverlake Axis's competitors could be found in our database.

Value

 Is Silverlake Axis 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 Silverlake Axis 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 Silverlake Axis.

BST:8S5 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 BST:8S5
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.128 (1 + (1- 24%) (3.89%))
1.108
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.108 * 5.96%)
6.83%

Discounted Cash Flow Calculation for BST:8S5 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Silverlake Axis 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.

BST:8S5 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (MYR, Millions) Source Present Value
Discounted (@ 6.83%)
2020 118.05 Analyst x2 110.50
2021 187.70 Analyst x2 164.46
2022 228.00 Analyst x2 186.99
2023 242.56 Est @ 6.38% 186.20
2024 253.56 Est @ 4.54% 182.20
2025 261.79 Est @ 3.24% 176.08
2026 267.91 Est @ 2.34% 168.67
2027 272.48 Est @ 1.71% 160.58
2028 275.92 Est @ 1.26% 152.20
2029 278.55 Est @ 0.95% 143.82
Present value of next 10 years cash flows MYR1,631.00
BST:8S5 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= MYR278.55 × (1 + 0.23%) ÷ (6.83% – 0.23%)
MYR4,226.58
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= MYR4,226.58 ÷ (1 + 6.83%)10
MYR2,182.30
BST:8S5 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= MYR1,631.00 + MYR2,182.30
MYR3,813.30
Equity Value per Share
(MYR)
= Total value / Shares Outstanding
= MYR3,813.30 / 2,642.79
MYR1.44
BST:8S5 Discount to Share Price
Calculation Result
Exchange Rate MYR/SGD
(Reporting currency to currency of SGX:5CP)
0.327
Value per Share
(SGD)
= Value per Share in MYR x Exchange Rate (MYR/SGD)
= MYR1.44 x 0.327
SGD0.47
Non-primary Listing Adjustment Factor 1 share in BST:8S5 represents 0.56471x of SGX:5CP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.56471x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 0.47 x 0.56471
€0.27
Value per share (EUR) From above. €0.27
Current discount Discount to share price of €0.24
= -1 x (€0.24 - €0.27) / €0.27
9.9%

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

Current Discount
Amount off the current price Silverlake Axis is available for.
Intrinsic value
10%
Share price is €0.24 vs Future cash flow value of €0.26626
Current Discount Checks
For Silverlake Axis to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Silverlake Axis's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Silverlake Axis'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 Silverlake Axis's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Silverlake Axis's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:8S5 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in MYR MYR0.09
SGX:5CP Share Price ** SGX (2019-11-21) in SGD SGD0.43
SGX:5CP Share Price converted to MYR reporting currency Exchange rate (SGD/ MYR) 3.06 MYR1.3
Germany Software Industry PE Ratio Median Figure of 22 Publicly-Listed Software Companies 37.8x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.78x

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

** Primary Listing of Silverlake Axis.

BST:8S5 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:5CP Share Price ÷ EPS (both in MYR)

= 1.3 ÷ 0.09

14.65x

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

  • Silverlake Axis is good value based on earnings compared to the DE Software industry average.
  • Silverlake Axis is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Silverlake Axis's expected growth come at a high price?
Raw Data
BST:8S5 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
1.6%per year
Germany Software Industry PEG Ratio Median Figure of 15 Publicly-Listed Software Companies 1.66x
Germany Market PEG Ratio Median Figure of 259 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

BST:8S5 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.65x ÷ 1.6%

9x

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

  • Silverlake Axis is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Silverlake Axis's assets?
Raw Data
BST:8S5 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in MYR MYR0.24
SGX:5CP Share Price * SGX (2019-11-21) in SGD SGD0.43
SGX:5CP Share Price converted to MYR reporting currency Exchange rate (SGD/ MYR) 3.06 MYR1.3
Germany Software Industry PB Ratio Median Figure of 36 Publicly-Listed Software Companies 3.08x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.88x
BST:8S5 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:5CP Share Price ÷ Book Value per Share (both in MYR)

= 1.3 ÷ 0.24

5.42x

* Primary Listing of Silverlake Axis.

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

  • Silverlake Axis is overvalued based on assets compared to the DE Software industry average.
X
Value checks
We assess Silverlake Axis'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 Software 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 Software industry average (and greater than 0)? (1 check)
  5. Silverlake Axis 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.

Future Performance

 How is Silverlake Axis expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
1.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Silverlake Axis expected to grow at an attractive rate?
  • Silverlake Axis's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Silverlake Axis's earnings growth is positive but not above the Germany market average.
  • Silverlake Axis's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:8S5 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:8S5 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 1.6%
BST:8S5 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 4.3%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 26.6%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
BST:8S5 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in MYR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:8S5 Future Estimates Data
Date (Data in MYR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 781 243 229 2
2021-06-30 771 236 222 3
2020-06-30 737 143 209 3
2019-11-21
BST:8S5 Past Financials Data
Date (Data in MYR Millions) Revenue Cash Flow Net Income *
2019-09-30 679 239 235
2019-06-30 681 325 246
2019-03-31 634 297 214
2018-12-31 615 220 191
2018-09-30 586 206 158
2018-06-30 542 145 134
2018-03-31 568 153 148
2017-12-31 555 172 517
2017-09-30 544 220 729
2017-06-30 550 233 864
2017-03-31 546 268 890
2016-12-31 578 237 554

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Silverlake Axis's earnings are expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
  • Silverlake Axis's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
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
BST:8S5 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Silverlake Axis Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:8S5 Future Estimates Data
Date (Data in MYR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30 0.09 0.09 0.08 2.00
2021-06-30 0.08 0.09 0.08 3.00
2020-06-30 0.08 0.08 0.08 3.00
2019-11-21
BST:8S5 Past Financials Data
Date (Data in MYR Millions) EPS *
2019-09-30 0.09
2019-06-30 0.09
2019-03-31 0.08
2018-12-31 0.07
2018-09-30 0.06
2018-06-30 0.05
2018-03-31 0.06
2017-12-31 0.20
2017-09-30 0.28
2017-06-30 0.33
2017-03-31 0.34
2016-12-31 0.21

*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.
  • Silverlake Axis is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Silverlake Axis'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.
Silverlake Axis has a total score of 2/6, 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 Silverlake Axis 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 Silverlake Axis's growth in the last year to its industry (Software).
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.
  • Silverlake Axis's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Silverlake Axis's 1-year earnings growth exceeds its 5-year average (48.7% vs -2.8%)
  • Silverlake Axis's earnings growth has exceeded the DE Software industry average in the past year (48.7% vs 14.8%).
Earnings and Revenue History
Silverlake Axis'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 Silverlake Axis Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:8S5 Past Revenue, Cash Flow and Net Income Data
Date (Data in MYR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 678.64 234.85 166.86
2019-06-30 680.81 245.58 157.36
2019-03-31 633.99 214.37 138.06
2018-12-31 614.79 191.48 138.24
2018-09-30 586.01 157.97 145.44
2018-06-30 541.77 134.09 145.06
2018-03-31 567.66 148.28 158.37
2017-12-31 554.53 516.93 145.04
2017-09-30 544.37 729.21 143.87
2017-06-30 549.85 863.73 142.66
2017-03-31 545.76 890.49 131.43
2016-12-31 578.35 553.55 122.84
2016-09-30 630.04 373.81 124.10
2016-06-30 636.28 273.85 104.78
2016-03-31 599.92 271.36 91.14
2015-12-31 586.23 286.52 83.71
2015-09-30 533.84 291.57 64.81
2015-06-30 516.04 282.65 65.94
2015-03-31 525.16 282.27 61.16
2014-12-31 518.30 268.51 52.07
2014-09-30 515.58 257.45 49.92
2014-06-30 500.73 248.90 47.85
2014-03-31 473.01 234.35 43.61
2013-12-31 444.37 218.86 46.11
2013-09-30 419.95 207.62 45.81
2013-06-30 398.58 195.99 44.57
2013-03-31 384.51 181.71 45.86
2012-12-31 376.93 178.22 42.49

*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.
  • Silverlake Axis has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Silverlake Axis used its assets more efficiently than the DE Software industry average last year based on Return on Assets.
  • Silverlake Axis's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Silverlake Axis'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 Software 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.
Silverlake Axis has a total score of 4/6, 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 Silverlake Axis'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 Silverlake Axis's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Silverlake Axis is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Silverlake Axis's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Silverlake Axis'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 9x 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 Silverlake Axis Company Filings, last reported 1 month ago.

BST:8S5 Past Debt and Equity Data
Date (Data in MYR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 635.36 100.21 650.78
2019-06-30 592.34 70.84 627.93
2019-03-31 582.84 9.17 649.74
2018-12-31 509.88 41.87 519.73
2018-09-30 552.05 38.71 573.60
2018-06-30 523.18 23.99 502.15
2018-03-31 779.11 0.00 554.88
2017-12-31 830.43 131.01 724.08
2017-09-30 1,073.85 68.20 913.02
2017-06-30 1,192.34 88.34 1,018.32
2017-03-31 1,297.81 66.55 1,157.47
2016-12-31 944.46 72.42 662.78
2016-09-30 766.87 68.75 432.68
2016-06-30 602.61 72.24 233.60
2016-03-31 571.05 52.70 212.35
2015-12-31 607.45 0.00 230.28
2015-09-30 711.33 0.00 389.46
2015-06-30 639.42 0.00 332.55
2015-03-31 632.35 0.91 330.05
2014-12-31 609.80 1.00 337.50
2014-09-30 678.95 1.13 424.36
2014-06-30 616.38 0.34 351.31
2014-03-31 603.29 4.23 337.74
2013-12-31 594.17 17.16 331.69
2013-09-30 644.04 23.35 396.57
2013-06-30 588.11 23.39 363.89
2013-03-31 388.57 27.31 208.61
2012-12-31 313.74 15.45 134.50
  • Silverlake Axis's level of debt (15.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 15.6% today).
  • Debt is well covered by operating cash flow (241.1%, greater than 20% of total debt).
  • Silverlake Axis earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Silverlake Axis'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. Silverlake Axis 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.

Dividends

 What is Silverlake Axis'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
6.54%
Current annual income from Silverlake Axis dividends. Estimated to be 3.57% next year.
If you bought €2,000 of Silverlake Axis shares you are expected to receive €131 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?
  • Silverlake Axis's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.38%).
  • Silverlake Axis's dividend is above the markets top 25% of dividend payers in Germany (3.75%).
Upcoming dividend payment

Purchase Silverlake Axis before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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
BST:8S5 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 3 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

BST:8S5 Future Dividends Estimate Data
Date (Data in MYR) Dividend per Share (annual) Avg. No. Analysts
2022-06-30 0.05 2.00
2021-06-30 0.05 3.00
2020-06-30 0.04 3.00
2019-11-21
BST:8S5 Past Annualized Dividends Data
Date (Data in MYR) Dividend per share (annual) Avg. Yield (%)
2019-10-24 0.085 6.293
2019-05-15 0.048 3.231
2019-05-14 0.049 3.138
2018-11-13 0.036 2.543
2018-10-15 0.036 2.858
2018-10-10 0.036 2.875
2018-08-24 0.036 2.775
2017-10-03 0.069 4.167
2017-08-25 0.068 3.694
2016-10-12 0.090 5.005
2016-08-26 0.089 4.534
2015-10-09 0.104 5.951
2015-08-26 0.109 6.605
2014-10-10 0.085 3.053
2014-08-26 0.082 3.034
2013-10-14 0.066 3.310
2013-08-26 0.065 4.304
2012-10-15 0.038 3.068
2012-08-24 0.039 4.493
2011-08-26 0.023 3.412
2010-11-11 0.017 2.381
2010-10-14 0.023 3.467
2010-08-19 0.023 3.328
2010-05-12 0.019 3.046
2010-02-09 0.020 3.138
2009-10-15 0.012 1.894
2009-08-28 0.012 2.277

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 increased over the past 10 years.
Current Payout to shareholders
What portion of Silverlake Axis's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Silverlake Axis's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 Silverlake Axis afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Silverlake Axis has a total score of 5/6, 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 Silverlake Axis'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
Andrew Tan
COMPENSATION MYR0
AGE 61
TENURE AS CEO 0.3 years
CEO Bio

Mr. Tan Teik Wei, also known as Andrew, has been Managing Director of Core Banking at Silverlake Axis Ltd., where he is responsible for the development and execution of Core Banking business strategies. He served as Managing Director of SAS Institute Sdn Bhd from 2007 to 2010; Managing Partner for Central Asia at Deloitte Consulting from 2002 to 2005; Managing Partner in ASEAN at BearingPoint Inc. from 1998 to 2002; Managing Partner Business Consulting in ASEAN at Arthur Andersen from 1996 to 1998 and as General Manager, Systems Integration/ASEAN at IBM Malaysia from 1994 to 1996. He served as Managing Director of Unisys Malaysia from 1983 to 1994 and as Associate Partner at Andersen Consulting. He serves as a Director of Silverlake Group; ALMA AB Systems Sdn. Bhd.; T. C. S Commercial Sdn. Bhd. and Sun Land Sdn. Bhd. His Past directorShips include SAS Institute Sdn Bhd; Azendian Holdings Pte. Ltd. and Radical Change Sdn. Bhd. In July 1979, Mr. Tan graduated from University of Exeter in United Kingdom, with a combined Honors degree in Geology and Chemistry. In July 1982, he also obtained his MBA (Master of Business Administration) degree from the University of Aston, in Birmingham, United Kingdom.

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

Average tenure and age of the Silverlake Axis management team in years:

3.3
Average Tenure
61
Average Age
  • The tenure for the Silverlake Axis management team is about average.
Management Team

Peng Goh

TITLE
Founder & Group Executive Chairman
COMPENSATION
MYR241K
AGE
65

Andrew Tan

TITLE
Group MD & Executive Director
AGE
61
TENURE
0.3 yrs

Raymond Kwong

TITLE
Head of Strategic Digital Value Program
COMPENSATION
MYR662K
AGE
63
TENURE
0.3 yrs

Shiou Goh

TITLE
Executive Director
COMPENSATION
MYR359K
AGE
32

Priscilla Tan

TITLE
Senior Executive VP of Administration & Finance and Joint Company Secretary
AGE
44
TENURE
1.1 yrs

Yok Wong

TITLE
Senior Executive Vice President of Silverlake Axis Integrated Banking Solution Core Solutions

Trevor Lok

TITLE
Senior Executive Vice President
TENURE
3.3 yrs

Jean Aw

TITLE
Senior Executive Vice President of Strategic Digital Value Program
TENURE
3.3 yrs

Fabian Lum

TITLE
Senor Executive Vice President of Insurtech Services
TENURE
4.8 yrs

Meng Tok

TITLE
Senior Executive Vice President of Symmetric Payments & Integration
TENURE
3.8 yrs
Board of Directors Tenure

Average tenure and age of the Silverlake Axis board of directors in years:

4.4
Average Tenure
63
Average Age
  • The tenure for the Silverlake Axis board of directors is about average.
Board of Directors

Andrew Tan

TITLE
Group MD & Executive Director
AGE
61
TENURE
0.3 yrs

Raymond Kwong

TITLE
Head of Strategic Digital Value Program
COMPENSATION
MYR662K
AGE
63
TENURE
15.3 yrs

Shiou Goh

TITLE
Executive Director
COMPENSATION
MYR359K
AGE
32
TENURE
4.4 yrs

Kian Min Ong

TITLE
Lead Independent Director
COMPENSATION
MYR315K
AGE
56
TENURE
1.3 yrs

Peng Goh

TITLE
Founder & Group Executive Chairman
COMPENSATION
MYR241K
AGE
65
TENURE
17.3 yrs

John Lim

TITLE
Independent Non-Executive Director
COMPENSATION
MYR275K
AGE
79
TENURE
13.4 yrs

Mohd bin Abdul Majid

TITLE
Independent Non-Executive Director
COMPENSATION
MYR265K
AGE
71
TENURE
4.4 yrs

See Thuan

TITLE
Independent Non-Executive Director
COMPENSATION
MYR80K
TENURE
1.3 yrs

Yvonne Chia Yau

TITLE
Independent Non-Executive Director
COMPENSATION
MYR275K
AGE
66
TENURE
4.4 yrs

Satoru Yano

TITLE
Independent Non-Executive Director
AGE
57
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Silverlake Axis individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
11. Sep 19 Buy Yong Sin Kwong Individual 11. Sep 19 11. Sep 19 150,000 €0.30 €44,489
X
Management checks
We assess Silverlake Axis'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. Silverlake Axis 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

Silverlake Axis Ltd., an investment holding company, provides software solutions and services to the banking, insurance, retail, government, payment, and logistics industries. Its products include Silverlake Axis integrated banking solutions, Silverlake Axis integrated Islamic banking solutions, Silverlake Axis integrated provident fund systems, Silverlake Axis cards systems, Silverlake digital banking MÖBIUS open banking platforms, Silverlake Axis retail merchandising systems, Silverlake Axis enterprise payment platforms, Cyber Village converged Internet and mobile platforms, and Silverlake Symmetri retail banking solutions; IntelliSuite solutions; NowSuite solutions; and digital identity and security software solutions. The company also offers software project customization and implementation services to deliver end-to-end banking, payment, retail, and digital identity and security software solutions; software maintenance support and enhancement services; processing services for credit cards and other credit products on an outsourcing basis; and cloud computing software as a service platform for policy origination and claim processing for the insurance industry, as well as sells software and hardware products, including the resale of IBM hardware products and related system software. In addition, it engages in the commercialization of software-as-a-service solutions for the automotive industry; and provision of Internet and mobile, portal, customer loyalty, and e-commerce solutions and services. Silverlake Axis Ltd. operates in South East Asia, North East Asia, South Asia, the Middle East, the Americas, Africa, and Europe. The company was founded in 1989 and is headquartered in Petaling Jaya, Malaysia. Silverlake Axis Ltd. is a subsidiary of Intelligentsia Holding Ltd.

Details
Name: Silverlake Axis Ltd
8S5
Exchange: BST
Founded: 1989
SGD744,882,327
2,642,787,332
Website: http://www.silverlakeaxis.com
Address: Silverlake Axis Ltd
KPMG Tower,
Level 2A,
Petaling Jaya,
Selangor, 47800,
Malaysia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX 5CP Ordinary Shares Singapore Exchange SG SGD 12. Mar 2003
OTCPK SLVF.F Ordinary Shares Pink Sheets LLC US USD 12. Mar 2003
BST 8S5 Ordinary Shares Boerse-Stuttgart DE EUR 12. Mar 2003
Number of employees
Current staff
Staff numbers
1,915
Silverlake Axis employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/21 21:36
End of day share price update: 2019/11/21 00:00
Last estimates confirmation: 2019/11/18
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/06/30


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.