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Neo Group

Catalist:5UJ
Snowflake Description

Good value with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5UJ
Catalist
SGD69M
Market Cap
  1. Home
  2. SG
  3. Commercial Services
Company description

Neo Group Limited, an investment holding company, provides business and management consultancy services in Singapore. The last earnings update was 78 days ago. More info.


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5UJ Share Price and Events
7 Day Returns
0%
Catalist:5UJ
0.1%
SG Commercial Services
-1.2%
SG Market
1 Year Returns
5.7%
Catalist:5UJ
22.7%
SG Commercial Services
1%
SG Market
5UJ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Neo Group (5UJ) 0% 5.7% 3.3% 5.7% -18.4% -50.5%
SG Commercial Services 0.1% 2.2% 23% 22.7% -18.2% -24.6%
SG Market -1.2% 0.6% 1.9% 1% 2% -7.7%
1 Year Return vs Industry and Market
  • 5UJ underperformed the Commercial Services industry which returned 22.7% over the past year.
  • 5UJ outperformed the Market in Singapore which returned 1% over the past year.
Price Volatility
5UJ
Industry
5yr Volatility vs Market

5UJ Value

 Is Neo Group 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 Neo Group 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 Neo Group.

Catalist:5UJ 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 9.2%
Perpetual Growth Rate 10-Year SG Government Bond Rate 1.8%

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 Catalist:5UJ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SG Govt Bond Rate 1.8%
Equity Risk Premium S&P Global 5.4%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.665 (1 + (1- 17%) (159.01%))
1.363
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.36
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.75% + (1.363 * 5.44%)
9.16%

Discounted Cash Flow Calculation for Catalist:5UJ using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Neo Group 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.

Catalist:5UJ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 9.16%)
2020 27.22 Est @ 64.76% 24.93
2021 39.70 Est @ 45.86% 33.31
2022 52.65 Est @ 32.62% 40.47
2023 64.95 Est @ 23.36% 45.73
2024 75.91 Est @ 16.88% 48.96
2025 85.28 Est @ 12.34% 50.39
2026 93.09 Est @ 9.16% 50.39
2027 99.55 Est @ 6.94% 49.36
2028 104.91 Est @ 5.38% 47.65
2029 109.41 Est @ 4.29% 45.52
Present value of next 10 years cash flows SGD436.00
Catalist:5UJ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SGD109.41 × (1 + 1.75%) ÷ (9.16% – 1.75%)
SGD1,501.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD1,501.41 ÷ (1 + 9.16%)10
SGD624.70
Catalist:5UJ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD436.00 + SGD624.70
SGD1,060.70
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD1,060.70 / 147.35
SGD7.2
Catalist:5UJ Discount to Share Price
Calculation Result
Value per share (SGD) From above. SGD7.20
Current discount Discount to share price of SGD0.47
= -1 x (SGD0.47 - SGD7.20) / SGD7.20
93.5%

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

Current Discount
Amount off the current price Neo Group is available for.
Intrinsic value
>50%
Share price is SGD0.47 vs Future cash flow value of SGD7.2
Current Discount Checks
For Neo Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Neo Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Neo Group'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 Neo Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Neo Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
Catalist:5UJ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in SGD SGD0.05
Catalist:5UJ Share Price ** Catalist (2020-01-20) in SGD SGD0.47
Singapore Commercial Services Industry PE Ratio Median Figure of 12 Publicly-Listed Commercial Services Companies 17.97x
Singapore Market PE Ratio Median Figure of 379 Publicly-Listed Companies 13.45x

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

** Primary Listing of Neo Group.

Catalist:5UJ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= Catalist:5UJ Share Price ÷ EPS (both in SGD)

= 0.47 ÷ 0.05

8.61x

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

  • Neo Group is good value based on earnings compared to the SG Commercial Services industry average.
  • Neo Group is good value based on earnings compared to the Singapore market.
Price based on expected Growth
Does Neo Group's expected growth come at a high price?
Raw Data
Catalist:5UJ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Commercial Services Industry PEG Ratio Median Figure of 82 Publicly-Listed Commercial Services Companies 1.55x
Singapore Market PEG Ratio Median Figure of 125 Publicly-Listed Companies 1.09x

*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 Neo Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Neo Group's assets?
Raw Data
Catalist:5UJ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in SGD SGD0.27
Catalist:5UJ Share Price * Catalist (2020-01-20) in SGD SGD0.47
Singapore Commercial Services Industry PB Ratio Median Figure of 24 Publicly-Listed Commercial Services Companies 1.05x
Singapore Market PB Ratio Median Figure of 603 Publicly-Listed Companies 0.77x
Catalist:5UJ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= Catalist:5UJ Share Price ÷ Book Value per Share (both in SGD)

= 0.47 ÷ 0.27

1.72x

* Primary Listing of Neo Group.

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

  • Neo Group is overvalued based on assets compared to the SG Commercial Services industry average.
X
Value checks
We assess Neo Group'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. Neo Group has a total score of 4/6, 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.

5UJ Future Performance

 How is Neo Group 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 Neo Group 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
16%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Neo Group expected to grow at an attractive rate?
  • Unable to compare Neo Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Neo Group's earnings growth to the Singapore market average as no estimate data is available.
  • Unable to compare Neo Group's revenue growth to the Singapore market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
Catalist:5UJ Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 16%
Asia Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 11.4%
Singapore Market Earnings Growth Rate Market Cap Weighted Average 5.9%
Singapore Market Revenue Growth Rate Market Cap Weighted Average 5.5%

*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
Catalist:5UJ 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.
Catalist:5UJ Future Estimates Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
Catalist:5UJ Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2019-09-30 191 28 8
2019-06-30 185 26 6
2019-03-31 181 18 5
2018-12-31 178 16 4
2018-09-30 173 16 5
2018-06-30 176 20 3
2018-03-31 178 18 4
2017-12-31 179 18 4
2017-09-30 181 7 2
2017-06-30 171 0 5
2017-03-31 162 7 3
2016-12-31 150 7 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Neo Group is high growth as no earnings estimate data is available.
  • Unable to determine if Neo Group 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
Catalist:5UJ 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 Neo Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

Catalist:5UJ Future Estimates Data
Date (Data in SGD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
Catalist:5UJ Past Financials Data
Date (Data in SGD Millions) EPS *
2019-09-30 0.05
2019-06-30 0.04
2019-03-31 0.04
2018-12-31 0.03
2018-09-30 0.03
2018-06-30 0.02
2018-03-31 0.02
2017-12-31 0.02
2017-09-30 0.01
2017-06-30 0.04
2017-03-31 0.02
2016-12-31 0.01

*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 Neo Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Neo Group is trading at Neo Group'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. Neo Group'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. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Neo Group'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 Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia 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.
Neo Group 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.

5UJ Past Performance

  How has Neo Group 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 Neo Group'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.
  • Neo Group's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Neo Group's 1-year earnings growth exceeds its 5-year average (73.2% vs -4.2%)
  • Neo Group's earnings growth has exceeded the SG Commercial Services industry average in the past year (73.2% vs -23.8%).
Earnings and Revenue History
Neo Group'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 Neo Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

Catalist:5UJ Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 191.47 7.96 4.98
2019-06-30 184.76 5.94 3.96
2019-03-31 181.02 5.40 3.65
2018-12-31 177.71 4.22 3.51
2018-09-30 172.94 4.59 3.19
2018-06-30 176.20 3.46 3.02
2018-03-31 178.21 3.63 3.07
2017-12-31 178.59 3.58 3.20
2017-09-30 180.54 1.63 3.27
2017-06-30 170.77 5.12 3.32
2017-03-31 162.05 3.26 3.42
2016-12-31 149.65 1.52 -1.49
2016-09-30 140.81 6.24 0.79
2016-06-30 136.61 3.36 2.83
2016-03-31 125.42 6.06 3.66
2015-12-31 108.57 8.70 6.03
2015-09-30 88.98 5.21 4.44
2015-06-30 74.25 6.67 3.43
2015-03-31 66.34 6.34 2.21
2014-07-31 57.30 6.15 1.91
2014-04-30 54.85 6.27 1.79
2014-01-31 52.40 6.40 1.68
2013-10-31 49.30 5.74 1.62
2013-07-31 46.20 5.08 1.56
2013-04-30 44.02 4.05 1.54
2013-01-31 41.84 3.02 1.51

*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.
  • Neo Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Neo Group used its assets more efficiently than the SG Commercial Services industry average last year based on Return on Assets.
  • Neo Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Neo Group'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.
Neo Group 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.

5UJ Health

 How is Neo Group'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 Neo Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Neo Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Neo Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Neo Group'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 not covered by short term assets, assets are 0.7x 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 Neo Group Company Filings, last reported 3 months ago.

Catalist:5UJ Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 43.23 78.33 15.19
2019-06-30 41.24 77.78 14.91
2019-03-31 41.79 78.44 21.99
2018-12-31 37.86 82.54 19.81
2018-09-30 37.59 79.59 12.60
2018-06-30 38.05 75.10 11.22
2018-03-31 39.41 75.70 16.63
2017-12-31 37.28 73.99 13.13
2017-09-30 34.79 75.19 10.28
2017-06-30 37.12 74.27 7.85
2017-03-31 37.51 71.69 15.77
2016-12-31 35.71 67.70 10.98
2016-09-30 36.52 72.92 10.49
2016-06-30 33.76 70.74 7.50
2016-03-31 36.26 61.88 15.72
2015-12-31 32.43 64.13 7.50
2015-09-30 26.44 50.32 8.16
2015-06-30 27.83 45.08 8.35
2015-03-31 24.18 20.22 8.91
2014-07-31 20.83 19.52 9.22
2014-04-30 20.83 19.52 9.22
2014-01-31 20.49 16.16 9.76
2013-10-31 20.49 16.16 9.76
2013-07-31 18.73 7.05 9.60
2013-04-30 18.73 7.05 9.60
2013-01-31 17.42 7.45 12.47
  • Neo Group's level of debt (181.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (91.2% vs 181.2% today).
  • Debt is well covered by operating cash flow (36.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.9x coverage).
X
Financial health checks
We assess Neo Group'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. Neo Group has a total score of 2/6, 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.

5UJ Dividends

 What is Neo Group'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
1.08%
Current annual income from Neo Group dividends.
If you bought SGD2,000 of Neo Group shares you are expected to receive SGD22 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?
  • Neo Group's pays a lower dividend yield than the bottom 25% of dividend payers in Singapore (2.5%).
  • Neo Group's dividend is below the markets top 25% of dividend payers in Singapore (5.47%).
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
Catalist:5UJ 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
Singapore Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2.4%
Singapore Market Average Dividend Yield Market Cap Weighted Average of 312 Stocks 4%
Singapore Minimum Threshold Dividend Yield 10th Percentile 1.6%
Singapore Bottom 25% Dividend Yield 25th Percentile 2.5%
Singapore Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

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

Catalist:5UJ Future Dividends Estimate Data
Date (Data in SGD) Dividend per Share (annual) Avg. No. Analysts
Catalist:5UJ Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2019-07-26 0.005 1.206
2018-07-26 0.010 2.164
2017-07-20 0.010 1.569
2016-07-11 0.010 1.674
2016-02-04 0.000 0.000
2015-11-16 0.000 0.000
2015-08-11 0.000 0.000
2015-07-10 0.021 2.490
2015-05-27 0.021 2.412
2014-09-10 0.026 2.829
2014-08-26 0.030 3.160
2013-09-12 0.023 3.064
2013-05-28 0.020 4.757
2012-09-14 0.010 3.042

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

  • Neo Group is not paying a notable dividend for Singapore, therefore no need to check if the payments are stable.
  • Neo Group is not paying a notable dividend for Singapore, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Neo Group's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Neo Group's dividends as it is not paying a notable one for Singapore.
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 Neo Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - 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 Neo Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Neo Group 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.

5UJ Management

 What is the CEO of Neo Group'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
Kah Kiat Neo
AGE 48
CEO Bio

Mr. Kah Kiat Neo is a Founder and serves as the Chairman of the Board and Chief Executive Officer of Neo Group Limited. Mr. Neo determines the overall strategic and expansion plans and is responsible for the overall business development and general management. He is an industry veteran with over two decades of leadership experience in catering and food & beverage management. He established Neo Garden Restaurant in 1992, the predecessor of Neo Garden Catering, as a sole-proprietorship in 1992. With his foresight and keen business acumen, he started Deli Hub catering in 2004 to provide mass market halal-certified catering. Seeing the rising demand for higher-end catering services for corporate and community functions, he established another halal-certified catering brand, Orange clove catering, in 2008. to complement its catering businesses, Niwa Sushi was established in 2007 under his leadership and was rebranded to umisushi in 2010. Mr. Neo has been a Director of Neo Group Limited since March 22, 2012. He has been an executive director of each of Neo Group's subsidiaries since their respective incorporation. He is also the first vice-President for the Association of catering Professionals Singapore (AcAPS). He won the Entrepreneur of the year Awards (EyA) in 2012 (EyA 2012 top Entrepreneurs and EyA for Enterprise 2012), and clinched the Successful Entrepreneur Award (Platinum category) in 2011 and Spirit of Enterprise Award in 2010. A strong advocate of philanthropy, Mr. Neo donates generously to charity and is serving as a patron at Jurong Spring community club.

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

Kah Kiat Neo

TITLE
Founder
AGE
48

Li Ling Lim

TITLE
Group Financial Controller
AGE
52

Hwee Ai Teo

TITLE
Chief Operating Officer
AGE
46
TENURE
6.5 yrs

Oi Peng Liew

TITLE
Executive Director
AGE
46

Choh Khing Liew

TITLE
Executive Director of Food Retail & Executive Director
AGE
45

Pan Mi Keay

TITLE
Joint Secretary
TENURE
1.9 yrs

Yoon Wei Chin

TITLE
Managing Director of Gourmetz Pte. Ltd.

Siow Sze Lim

TITLE
Deputy Chief Executive Officer of Thong Siek Group
Board of Directors Tenure

Average tenure and age of the Neo Group board of directors in years:

7.6
Average Tenure
49.5
Average Age
  • The tenure for the Neo Group board of directors is about average.
Board of Directors

Kah Kiat Neo

TITLE
Founder
AGE
48

Oi Peng Liew

TITLE
Executive Director
AGE
46
TENURE
7.8 yrs

Choh Khing Liew

TITLE
Executive Director of Food Retail & Executive Director
AGE
45
TENURE
7.7 yrs

Lye Huat Tan

TITLE
Independent Director
COMPENSATION
SGD67K
AGE
69
TENURE
7.6 yrs

Kevin Ng

TITLE
Independent Director
COMPENSATION
SGD52K
AGE
51
TENURE
7.6 yrs

Roger Yeo

TITLE
Lead Independent Director
COMPENSATION
SGD62K
AGE
63
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 (SGD) Value (SGD)
X
Management checks
We assess Neo Group'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. Neo Group 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.

5UJ News

Simply Wall St News

5UJ Company Info

Description

Neo Group Limited, an investment holding company, provides business and management consultancy services in Singapore. It operates through five segments: Food Catering Business, Food Retail Business, Supplies and Trading Business, Food Manufacturing, and Other Businesses. The Food Catering Business segment offers events catering services under the Neo Garden, Orange Clove, Deli Hub, Gourmetz, Kim Paradise, Savoury Catering, Chilli Mains, Liang Yuan, and Best Catering brands to corporate, community, or private functions. It also provides daily meal delivery services to families; and Halal-certified food, as well as catering for last minute events or emergency orders. The Food Retail Business segment operates and franchises a chain of food retail outlets specializing in Japanese cuisine. This segment operates a retail network of 20 outlets under the Umisushi, DoDo Express, Kang Kar Noodles, NANAMI UDON, Joo Chiat Kim Choo, and issho izakaya brands. The Supplies and Trading Business segment supplies food ingredients and food products for third parties’ catering business; and imports, exports, and wholesales fruits, vegetables, and meat products. The Food Manufacturing segment manufactures, distributes, and retails surimi-based seafood products, as well as DoDo brand of fishballs. The Other Businesses segment designs, markets, and distributes floral arrangements, gifts, and hampers under the I DO Flowers & Gifts brand; and manufactures breads, cakes, and confectionery products under the Choz Confectionery brand. The company is also involved in general trading; the retail and manufacture of cooked food preparations; leasing vehicles and provision of after-sales services; manufacturing and supplying various plastics, resins, moulds, and packaging products; processing, curing, and preserving fish and other seafood products; and mechanical and electrical engineering works. Neo Group Limited was founded in 1992 and is headquartered in Singapore.

Details
Name: Neo Group Limited
5UJ
Exchange: Catalist
Founded: 1992
SGD68,518,195
147,350,959
Website: http://www.neogroup.com.sg
Address: Neo Group Limited
1 Enterprise Road,
Singapore,
629813,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
Catalist 5UJ Ordinary Shares Singapore Exchange Catalist Market SG SGD 11. Jul 2012
Number of employees
Current staff
Staff numbers
1,400
Neo Group employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/24 15:44
End of day share price update: 2020/01/20 00:00
Last estimates confirmation: 2018/05/23
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


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.