- PE = 29.4
- Dividend Yield = 3.07%
- NAV = $0.7326
- Net Earning = 51.4%
- Current Ratio = 1.928
- ROA = 21.6%
- ROE = 39.3%
Stock Background
- 3 Years High = $16.3
- Current Price = $8.47
Intrinsic Value Calculaton
PE Model
- Fair value PE, base on FY2010 Forward EPS $0.37843 (Average EPS of 2007, 2008 and 2009)
- Intrinsic Value = $5.68
- PEG = 1.49
Discounted EPS Model
- EPS Growth Rate = capped at 15%
- Discount Rate = 5%
- 2010F EPS = $0.3783 (Average EPS of past three years)
- Intrinsic Value = $6.46
DCF Model
- 2010F Net Operating Cash Flow = $380.429 Million (Average Net Operating Cash Flow for past three years)
- Growth Rate = capped at 15%
- Discount Rate= 5%
- Number of Shares = 1,062.062 Million
- Intrinsic Value = $6.11
SGX stock price is currently overvalue and furthermore a double top has been formed in stock chart. I am waiting SGX to retrace back to about $7.00 (61.8% Fibonacci Retracement Level) and re-assess the entry point again. SGX is a good stock for long term investment due to its monopolistic business and long term growth prospect in Singapore (as APAC key financial hub).
Hello,
ReplyDeletemay i ask what is meaning of PEG? thanks!
PEG refers PE ratio divided by company growth rate. PEG = 1 means that PE growth rate is the same as the company growth rate (measured by either EPS growth rate or net operating cash flow growth rate)
ReplyDeleteIf PEG < 1, the stock price is under value.
If PEG > 1, the stock price is over value.
If PEG = 1, the stock price is at its fair value.
You can check out more at "How do I value the stock?" post.
Happy Reading!