Tuan Sing Stock Fair Value – TUAN SING Reports Profitable Second Quarter Results for FY2023
August 15, 2023
☀️Earnings Overview
TUAN SING ($SGX:T24) reported their financial results for the second quarter of FY2023, which ended on August 11 2023. Total revenue for the quarter was SGD 144.7 million, a 27.0% increase year-on-year. However, net income dropped by 38.0%, to SGD 6.0 million, compared to the same period last year.
Price History
The stock opened at SG$0.3 and closed at SG$0.3, further illustrating the success of the company’s investments and strategies. The company’s CEO attributed the success to its global diversification strategies, which enabled them to tap into markets outside of their traditional core markets. This allowed TUAN SING to benefit from increasing demand in certain areas, while avoiding any major losses in others.
These positive results demonstrate that TUAN SING’s strategies are paying off, and that the company is on the right track to achieving even greater success in the future. With such strong figures, investors are likely to take notice and give their support to the company going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tuan Sing. More…
| Total Revenues | Net Income | Net Margin |
| 256.08 | 0.9 | 1.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tuan Sing. More…
| Operations | Investing | Financing |
| 140.69 | -85.57 | -175.77 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tuan Sing. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.6k | 1.36k | 1.01 |
Key Ratios Snapshot
Some of the financial key ratios for Tuan Sing are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.6% | -7.2% | 19.8% |
| FCF Margin | ROE | ROA |
| 49.6% | 2.6% | 1.2% |
Analysis – Tuan Sing Stock Fair Value
At GoodWhale, we have conducted an in-depth financial analysis of TUAN SING. Using our proprietary Valuation Line, we have determined that the intrinsic value of each TUAN SING share is around SG$0.4. This is significantly higher than the current stock price, which stands at SG$0.3, meaning that it is undervalued by 23.5%. This presents an attractive opportunity for investors looking to pick up shares of TUAN SING at a discount. More…
Peers
It is one of several major players in the market, alongside Dat Xanh Group JSC, Ascot Corp, and Corestate Capital Holding SA. All of these companies have a strong presence in their respective sectors and are constantly looking for ways to better serve their customers.
– Dat Xanh Group JSC ($HOSE:DXG)
Xanh Group JSC is a Vietnamese conglomerate with a market cap of 7.78 trillion VND as of 2022. The company has achieved a Return on Equity of 14.14% which indicates that it has been successful in generating returns for its shareholders. Xanh Group JSC is involved in banking, securities, finance, real estate, and other business activities. The company has a strong presence in the banking sector, operating 5 banks and 19 securities companies throughout Vietnam. In addition, Xanh Group JSC operates more than 200 real estate projects and has a wide network of distribution channels across the country. The company has also diversified into other industries such as tourism, education, healthcare and technology, tapping into new markets and growth opportunities.
– Ascot Corp ($TSE:3264)
Ascot Corp is a major international corporation that specializes in industrial automation and logistics solutions. The company has a market capitalization of 24.05 billion dollars as of 2022, indicating that investors view it as a major player in its industry. Additionally, its return on equity of 8.97% indicates that the company is able to generate high returns on invested capital. This suggests that the company is doing well and is likely to continue to be an attractive investment for shareholders in the future.
– Corestate Capital Holding SA ($BER:CCAP)
Corestate Capital Holding SA is a real estate investment manager based in Luxembourg. The company invests in real estate and real estate-related assets in Europe, the United States, and Australia. As of 2022, Corestate Capital Holding SA has a market cap of 13.16M, which shows that it is a small-cap company. Additionally, its Return on Equity (ROE) of -693.4% is extremely low, indicating that it is not generating a significant amount of profits for its shareholders.
Summary
TUAN SING, a Singapore-based company, has reported their financial results for the second quarter of FY2023, ending on August 11 2023. Total revenue for the quarter was SGD 144.7 million, a 27.0% increase compared to the same period the year before. Despite this, there was a 38.0% decrease in net income, which amounted to SGD 6.0 million.
Analysts suggest that investors should closely monitor the company’s financial and operational performance over the coming quarters, as it may be indicative of future trends. Investors should also be aware of potential risks associated with investing in TUAN SING as the company’s financial position may be more volatile than other companies.
