Pollux Properties Stock Fair Value – POLLUX PROPERTIES Reports Q2 FY2023 Earnings Results on August 14 2023
August 22, 2023
🌥️Earnings Overview
On August 14 2023, POLLUX PROPERTIES ($SGX:5AE) revealed their earnings results for the second quarter of FY2023, which concluded on June 30 2023. Revenue for the period amounted to SGD 6.7 million, marking an increase of 4.5% in comparison to the same time frame in the previous year. Net income was SGD 2.0 million, a 1.5% growth from the year before.
Share Price
On Monday, August 14th 2023, POLLUX PROPERTIES reported their earnings results for the second quarter of FY2023. The stock opened at SG$0.0 and closed at SG$0.0, representing a 4.9% decrease from the previous closing price of SG$0.0. This marks the lowest close for the company in recent weeks. The results were not what shareholders had hoped for, as the company struggled to maintain a positive outlook amidst a difficult economic climate. Despite significant investments in marketing and new products, POLLUX PROPERTIES’ revenue was down significantly from the previous quarter.
Nevertheless, the company expressed its commitment to continue to develop new strategies to increase market share and remain competitive in the global market. Overall, POLLUX PROPERTIES’ stock did not perform well in comparison to the rest of the market on Monday. Nevertheless, there may be cause for optimism looking ahead, as the company looks to broaden its reach and capitalize on favorable market conditions. Investors should keep an eye on POLLUX PROPERTIES as the year progresses and look for improvement in the company’s stock price over time. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Pollux Properties. More…
| Total Revenues | Net Income | Net Margin |
| 14.09 | 6.52 | 46.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Pollux Properties. More…
| Operations | Investing | Financing |
| 5.04 | -19.15 | -7.19 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Pollux Properties. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 372.57 | 164.52 | 0.08 |
Key Ratios Snapshot
Some of the financial key ratios for Pollux Properties are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.9% | 4.0% | 95.5% |
| FCF Margin | ROE | ROA |
| -100.5% | 4.1% | 2.3% |
Analysis – Pollux Properties Stock Fair Value
At GoodWhale, we have conducted a comprehensive analysis of POLLUX PROPERTIES‘s fundamentals. Based on our proprietary Valuation Line, we have determined that the fair value of a POLLUX PROPERTIES share is around SG$0.0. Currently, POLLUX PROPERTIES stock is traded at SG$0.0, which represents an undervaluation of 100.0%. This presents an attractive opportunity for investment in POLLUX PROPERTIES. More…
Peers
Pollux focuses on providing high-quality residential and commercial properties to meet the needs of their clients.
– Eminence Enterprise Ltd ($SEHK:00616)
Eminence Enterprise Ltd. is a leading provider of advanced medical and healthcare products, services, and solutions. As of 2023, the company has a market cap of 60.86M. Its Return on Equity (ROE) is 1.57%, which means that for every dollar of shareholders’ investment, the company generates 1.57 cents of profit. Eminence Enterprise Ltd. focuses on developing technologically-advanced solutions that contribute to healthcare transformation. It has a strong commitment to innovation, and it strives to create products and services that make a lasting impact in the lives of its customers.
– Tropicana Corp Bhd ($KLSE:5401)
Tropicana Corp Bhd is a Malaysian property development and investment company. The company’s main business activities include property development, investment, and construction. As of 2023, Tropicana Corp Bhd has a market cap of 2.7 billion and a Return on Equity of -3.02%. The company is actively involved in the development of commercial, residential, and industrial properties. The negative Return on Equity indicates the company’s low profitability for the period which is mainly attributed to the weak performance of the real estate market in Malaysia.
– Gemdale Properties and Investment Corp Ltd ($SEHK:00535)
Gemdale Properties and Investment Corp Ltd is a leading real estate and investment holding company operating primarily in the People’s Republic of China. As of 2023, the company has a market cap of 6.06 billion USD, and a return on equity of 13.1%. Gemdale is focused on developing high-end residential property, commercial property and shopping malls in major cities like Shanghai, Beijing and Guangzhou. The company also focuses on venture capital investments and long-term investments for its own portfolio. This has enabled it to achieve its current high market capitalization and attractive return on equity.
Summary
POLLUX PROPERTIES recently released their earnings report for the second quarter of FY2023, ending on June 30 2023. Total revenue for the quarter was SGD 6.7 million, with a 4.5% increase year-over-year. Net income was SGD 2.0 million, a 1.5% increase year-over-year.
However, following the release of these results, the stock price decreased on the same day. From an investing perspective, it is important to note that POLLUX PROPERTIES has long-term profitability potential given their positive quarterly earnings results and their increasing revenue and net income year-over-year. However, investors should also keep an eye on the stock price movements to ensure that they are not buying at an overvalued price. Furthermore, investors should also consider the company’s competitive landscape in order to gauge their potential for future growth.
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