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IEV Holdings

Catalist:5TN
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5TN
Catalist
SGD13M
Market Cap
  1. Home
  2. SG
  3. Energy
Company description

IEV Holdings Limited, an investment holding company, provides engineering products and services for the offshore and onshore oil and gas industry in Indonesia, India, Denmark, Malaysia, Thailand, Brunei, Vietnam, Hong Kong, Ghana, and internationally. The last earnings update was 30 days ago. More info.


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  • IEV Holdings has significant price volatility in the past 3 months.
5TN Share Price and Events
7 Day Returns
17.4%
Catalist:5TN
-1.2%
SG Energy Services
4.9%
SG Market
1 Year Returns
-
Catalist:5TN
-17.2%
SG Energy Services
-23.8%
SG Market
5TN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IEV Holdings (5TN) 17.4% -35.7% -52.6% - -67.9% -69%
SG Energy Services -1.2% -27.7% -20.3% -17.2% -61.5% -81.6%
SG Market 4.9% -20.2% -23.5% -23.8% -25.9% -29.8%
1 Year Return vs Industry and Market
  • No trading data on 5TN.
  • No trading data on 5TN.
Price Volatility
5TN
Industry
5yr Volatility vs Market

5TN Value

 Is IEV 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
  • It is not possible to calculate the future cash flow value for IEV Holdings. This is due to cash flow or dividend data being unavailable. The share price is SGD0.027.
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 IEV Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IEV Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
Catalist:5TN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in MYR MYR-0.02
Catalist:5TN Share Price ** Catalist (2020-03-27) in SGD SGD0.03
Catalist:5TN Share Price converted to MYR reporting currency Exchange rate (SGD/ MYR) 3.028 MYR0.08
Singapore Energy Services Industry PE Ratio Median Figure of 5 Publicly-Listed Energy Services Companies 7.63x
Singapore Market PE Ratio Median Figure of 389 Publicly-Listed Companies 10.22x

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

** Primary Listing of IEV Holdings.

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

= Catalist:5TN Share Price ÷ EPS (both in MYR)

= 0.08 ÷ -0.02

-3.75x

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

  • IEV Holdings is loss making, we can't compare its value to the SG Energy Services industry average.
  • IEV Holdings is loss making, we can't compare the value of its earnings to the Singapore market.
Price based on expected Growth
Does IEV Holdings's expected growth come at a high price?
Raw Data
Catalist:5TN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.75x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Energy Services Industry PEG Ratio Median Figure of 27 Publicly-Listed Energy Services Companies 0.67x
Singapore Market PEG Ratio Median Figure of 128 Publicly-Listed Companies 1.08x

*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 IEV Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on IEV Holdings's assets?
Raw Data
Catalist:5TN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in MYR MYR0.01
Catalist:5TN Share Price * Catalist (2020-03-27) in SGD SGD0.03
Catalist:5TN Share Price converted to MYR reporting currency Exchange rate (SGD/ MYR) 3.028 MYR0.08
Singapore Energy Services Industry PB Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.57x
Singapore Market PB Ratio Median Figure of 614 Publicly-Listed Companies 0.58x
Catalist:5TN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= Catalist:5TN Share Price ÷ Book Value per Share (both in MYR)

= 0.08 ÷ 0.01

7.09x

* Primary Listing of IEV Holdings.

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

  • IEV Holdings is overvalued based on assets compared to the SG Energy Services industry average.
X
Value checks
We assess IEV 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. IEV Holdings has a total score of 0/6, 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.

5TN Future Performance

 How is IEV 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 IEV 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
26%
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is IEV Holdings expected to grow at an attractive rate?
  • Unable to compare IEV Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare IEV Holdings's earnings growth to the Singapore market average as no estimate data is available.
  • Unable to compare IEV Holdings's revenue growth to the Singapore market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
Catalist:5TN Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 26%
Asia Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 8.9%
Singapore Market Earnings Growth Rate Market Cap Weighted Average 5%
Singapore Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
Catalist:5TN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in MYR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
Catalist:5TN Past Financials Data
Date (Data in MYR Millions) Revenue Cash Flow Net Income *
2019-12-31 10 -3 -7
2019-09-30 9 -7 -6
2019-06-30 5 -9 -8
2019-03-31 5 -5 -9
2018-12-31 3 -6 -9
2018-09-30 5 -4 -10
2018-06-30 6 0 -8
2018-03-31 -3 -5 -6
2017-12-31 7 -11 -7
2017-09-30 2 -3 -9
2017-06-30 223 7 -9
2017-03-31 367 11 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if IEV Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if IEV 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
Catalist:5TN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from IEV Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

Catalist:5TN Past Financials Data
Date (Data in MYR Millions) EPS *
2019-12-31 -0.02
2019-09-30 -0.02
2019-06-30 -0.03
2019-03-31 -0.03
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.02
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.03

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

Next steps:

  1. IEV 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
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess IEV 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 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.
IEV 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.

5TN Past Performance

  How has IEV 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 IEV 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.
  • IEV Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare IEV Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare IEV Holdings's 1-year growth to the Asia Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
IEV 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 IEV Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

Catalist:5TN Past Revenue, Cash Flow and Net Income Data
Date (Data in MYR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 9.77 -7.37 10.61
2019-09-30 9.16 -5.57 10.96
2019-06-30 5.42 -8.08 10.77
2019-03-31 4.74 -8.74 10.94
2018-12-31 2.96 -8.81 11.16
2018-09-30 4.90 -9.83 10.12
2018-06-30 5.95 -8.09 10.64
2018-03-31 -3.24 -6.44 10.75
2017-12-31 6.62 -7.35 12.29
2017-09-30 2.44 -9.35 12.92
2017-06-30 222.82 -8.73 15.86
2017-03-31 367.17 -7.43 19.12
2016-12-31 368.90 -8.39 20.48
2016-09-30 394.83 -4.56 23.55
2016-06-30 204.31 0.87 24.28
2016-03-31 101.09 8.83 24.82
2015-12-31 111.70 12.66 24.71
2015-09-30 114.06 14.63 24.86
2015-06-30 110.51 5.53 24.17
2015-03-31 131.13 2.60 23.76
2014-12-31 173.63 4.79 24.04
2014-09-30 172.31 -0.51 22.24
2014-06-30 184.03 8.81 22.39
2014-03-31 197.21 -1.69 22.07
2013-12-31 144.41 -3.72 22.10
2013-09-30 215.29 -17.05 22.52
2013-06-30 248.07 -19.33 21.55
2013-03-31 259.27 -7.54 20.53

*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.
  • It is difficult to establish if IEV Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if IEV Holdings has efficiently used its assets last year compared to the SG Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if IEV Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess IEV 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.
IEV Holdings has a total score of 0/6, see the detailed checks below.

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

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

5TN Health

 How is IEV 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 IEV Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • IEV Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • IEV Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of IEV 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 5.4x 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 IEV Holdings Company Filings, last reported 2 months ago.

Catalist:5TN Past Debt and Equity Data
Date (Data in MYR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4.74 2.28 2.99
2019-09-30 2.66 2.43 2.19
2019-06-30 -8.47 2.47 4.94
2019-03-31 -12.21 2.72 0.73
2018-12-31 -10.18 2.97 1.11
2018-09-30 -4.51 2.97 1.16
2018-06-30 -0.83 9.49 4.65
2018-03-31 2.60 9.56 2.45
2017-12-31 5.42 9.64 3.89
2017-09-30 78.73 9.72 6.41
2017-06-30 82.53 9.79 7.55
2017-03-31 88.63 9.88 11.72
2016-12-31 94.19 11.99 22.11
2016-09-30 116.90 12.07 16.79
2016-06-30 113.70 12.12 10.03
2016-03-31 111.01 12.19 12.99
2015-12-31 124.48 12.25 20.72
2015-09-30 126.47 12.32 20.85
2015-06-30 117.22 12.40 21.23
2015-03-31 90.25 15.80 23.60
2014-12-31 86.90 17.00 21.23
2014-09-30 84.57 12.11 25.04
2014-06-30 88.20 12.61 29.91
2014-03-31 84.58 13.39 12.75
2013-12-31 81.49 24.95 21.72
2013-09-30 85.36 14.61 38.42
2013-06-30 82.05 16.46 43.87
2013-03-31 69.41 20.00 29.71
  • IEV Holdings's level of debt (48.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (19.5% vs 48.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • IEV Holdings has less than a year of cash runway based on current free cash flow.
  • IEV Holdings has less than a year of cash runway if free cash flow continues to reduce at historical rates of -43.6% each year.
X
Financial health checks
We assess IEV 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. IEV Holdings has a total score of 1/6, 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.

5TN Dividends

 What is IEV 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
0%
Current annual income from IEV Holdings dividends.
If you bought SGD2,000 of IEV Holdings shares you are expected to receive SGD0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate IEV Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate IEV Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
Catalist:5TN 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
Asia Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 45 Stocks 1.7%
Singapore Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 5.4%
Singapore Minimum Threshold Dividend Yield 10th Percentile 1.8%
Singapore Bottom 25% Dividend Yield 25th Percentile 3.2%
Singapore Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

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

Catalist:5TN Past Annualized Dividends Data
Date (Data in MYR) Dividend per share (annual) Avg. Yield (%)
2017-05-12 0.000 0.000
2017-04-12 0.000 0.000
2017-02-24 0.000 0.000
2016-11-14 0.000 0.000
2016-08-12 0.000 0.000
2016-05-09 0.000 0.000
2016-04-11 0.000 0.000
2016-03-01 0.000 0.000
2015-11-13 0.007 4.079
2015-09-08 0.007 4.230
2014-05-12 0.000 0.000
2014-04-14 0.000 0.000
2014-03-03 0.000 0.000
2013-11-11 0.000 0.000
2013-08-14 0.000 0.000
2013-05-15 0.000 0.000
2013-04-10 0.000 0.000
2013-03-01 0.000 0.000
2012-11-06 0.013 1.039
2012-07-12 0.007 0.517

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

  • Unable to perform a dividend volatility check as IEV Holdings has not reported any payouts.
  • Unable to verify if IEV Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of IEV Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as IEV Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess IEV Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.8%) - 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 IEV Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. IEV Holdings 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.

5TN Management

 What is the CEO of IEV 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
Christopher Do
AGE 59
CEO Bio

Mr. Christopher Nghia Do is the Founder of IEV Holdings Limited of PT IEV GAS and serves its Chief Executive Officer and President. Mr. Do serves as Chief Executive Officer of IEV Group Sdn Bhd. He is In Charge of day-to-day operations and overseeing strategic directions, corporate business expansion and product design and is responsible for the overall business development of IEV Group, negotiating and acquiring products and services and developing both long and short term business strategies. He is also pivotal in the establishment of strategic alliances with business partners and principals. He serves as Chief Executive Officer of IEV (Malaysia) Sdn Bhd. He established the business in 1986 to commercialise his invention, the “ocean-powered” MGC technology. He serves as the President Director of PT IEV Gas, an affiliate of IEV Energy Sdn. Bhd. Mr. Do serves as a Director of PT IEV Gas. He has been a Director at IEV Holdings Limited since July 26, 2011. He is the Chairman of the Sunshine Foundation. Mr. Do holds a Bachelor Degree (First Class Honours) in Mechanical Engineering from the University of New South Wales, Australia in 1984.

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

Average tenure of the IEV Holdings management team in years:

2.2
Average Tenure
  • The tenure for the IEV Holdings management team is about average.
Management Team

Christopher Do

TITLE
Founder
AGE
59

Edward Chen

TITLE
Chief Financial Officer
TENURE
5.5 yrs

- Vic

TITLE
Head of Corporate Communications

Loh Yau

TITLE
Deputy Vice President of Sales & Proposal Engineering
TENURE
2.2 yrs

Juzer Bin Nomanbhoy

TITLE
MD - IEV Malaysia & VP of Business Development and Asset Integrity Management Solutions - IEV Group
AGE
60
TENURE
3.9 yrs

Koon Low

TITLE
Executive Director

Wei Kong

TITLE
Company Secretary
TENURE
2.2 yrs

Hui Cheok

TITLE
Company Secretary
TENURE
2.2 yrs
Board of Directors Tenure

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

8.5
Average Tenure
63
Average Age
  • The tenure for the IEV Holdings board of directors is about average.
Board of Directors

Hari Govindasamy

TITLE
Non-Independent Non-Executive Chairman
AGE
69
TENURE
8.5 yrs

Christopher Do

TITLE
Founder
AGE
59
TENURE
8.7 yrs

Koon Low

TITLE
Executive Director

Kesavan Nair

TITLE
Independent Director
AGE
55
TENURE
8.5 yrs

Harry Ng

TITLE
Lead Independent Director
AGE
63

Joanne Bruce

TITLE
Independent Director
AGE
68
TENURE
8.5 yrs

Carmen Ng

TITLE
Independent Director
AGE
43
TENURE
0.7 yrs

Ahmad Bin Mohd Don

TITLE
Independent Non-Executive Director
AGE
72
TENURE
0.2 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)
15. May 19 Buy Koon Low Individual 13. May 19 13. May 19 50,000,000 SGD0.03 SGD1,249,978
16. Jan 20 Buy The Rain Maker Mgmt Sdn Bhd Company 14. Jan 20 14. Jan 20 50,000,000 SGD0.05 SGD2,499,988
20. Nov 19 Sell Hari Govindasamy Individual 15. Nov 19 15. Nov 19 -1,000,000 SGD0.06 SGD-58,700
18. Nov 19 Sell Christopher Do Individual 15. Nov 19 15. Nov 19 -2,000,000 SGD0.06 SGD-121,601
23. Oct 19 Buy Michael Liew Individual 23. Oct 19 23. Oct 19 6,640,000 SGD0.02 SGD165,994
23. Oct 19 Sell Christopher Do Individual 23. Oct 19 23. Oct 19 -6,640,000 SGD0.02 SGD-165,994
15. May 19 Buy Michael Liew Individual 13. May 19 13. May 19 30,000,000 SGD0.03 SGD749,987
X
Management checks
We assess IEV 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. IEV 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.

5TN News

Simply Wall St News

5TN Company Info

Description

IEV Holdings Limited, an investment holding company, provides engineering products and services for the offshore and onshore oil and gas industry in Indonesia, India, Denmark, Malaysia, Thailand, Brunei, Vietnam, Hong Kong, Ghana, and internationally. The company offers technologies and solutions to assess, inspect, repair, and maintain onshore and offshore structures, such as offshore oil and gas platforms, FPSO, pipelines, jetties, refineries, and petrochemical plants. It provides structural integrity solutions, including a patented technology to reduce wave loading; and a marine growth management solution for eliminating cleaning by divers. The company also offers a range of non-intrusive inspection solutions to inspect pipelines, caissons, conductors, and risers, as well as jacket leg above water, splash zone, and subsea; and onshore storage tanks, pressure vessels, heat exchangers, etc. In addition, it provides a diverless retrofit ICCP and CP system that offers corrosion protection to offshore structures; a non-bonding spray on coating solution to protect metal parts, such as bolts, nuts, flanges, and pipe supports; CUI protection systems combining barrier and galvanic protection; and a suite of solutions to repair and prevent concrete rebar or acidic corrosion. Further, the company offers a suite of subsea solutions for the repair, maintenance, and life extension of platforms and pipelines, including diamond wire cutting, free span correction, and decommissioning solutions. Additionally, it invests in oil and gas projects; provides engineering solutions relating to mobile gas infrastructure development; and undertakes activities in relation to the production of renewable energy. IEV Holdings Limited was founded in 1986 and is based in Petaling Jaya, Malaysia.

Details
Name: IEV Holdings Limited
5TN
Exchange: Catalist
Founded: 1986
SGD13,167,214
487,674,594
Website: http://www.iev-group.com
Address: IEV Holdings Limited
Menara PKNS,
Block A, Level 5,
Petaling Jaya,
Selangor, 46050,
Malaysia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
Catalist 5TN Ordinary Shares Singapore Exchange Catalist Market SG SGD 25. Oct 2011
BST 6IH Ordinary Shares Boerse-Stuttgart DE EUR 25. Oct 2011
Number of employees
Current staff
Staff numbers
0
IEV Holdings employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 16:15
End of day share price update: 2020/03/27 00:00
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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

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