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Sheng Siong Group Ltd. (SG:OV8)
SGX:OV8
Sheng Siong Group Ltd. (OV8) Share Price & Analysis
63 Followers
OV8 Stock Chart & Stats
Day’s RangeS$0 - S$0
52-Week RangeS$1.43 - S$1.59
Previous CloseS$1.47
Volume1.98M
Average Volume (3M)1.42M
Market Cap
S$2.21B
Enterprise ValueS$2.03B
Total Cash (Recent Filing)S$275.50M
Total Debt (Recent Filing)S$95.65M
Price to Earnings (P/E)16.2
Beta0.31
Next Earnings
Jul 25, 2024EPS EstimateN/A
Last Dividend Ex-Date
May 03, 2024Dividend Yield4.19%
Share Statistics
EPS (TTM)0.09
Shares Outstanding1,503,537,000
10 Day Avg. Volume6,339,770
30 Day Avg. Volume1,417,903
Standard Deviation0.04
R-Squared0.00315
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
S$1.72Price Target Upside17.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Sheng Siong Group Ltd. News
PremiumCompany Announcements
Sheng Siong Group Holds Successful 13th AGM
PremiumCompany Announcements
Sheng Siong Group’s Strategy for Growth and Efficiency
Bulls Say, Bears Say
Bulls Say
Competitive EdgeSheng Siong Group has been able to deliver consistent gross margin expansion due to its ability to procure products at competitive prices.
ExpansionGrowth is expected to come from new stores and continued margin expansion with more than an even chance of securing at least four stores this year.
Financial PerformanceRevenue rose 6% yoy on comparable same-store sales growth, while gross margin expanded 0.6ppt to 29.4% on a better sales mix.
Bears Say
GrowthOnly one new HDB store was secured in 1Q24.
RevenueThe lack of new stores will be a drag on revenue this year.
Stock RatingAnalyst maintains HOLD with no change in target price of S$1.62, indicating no material near-term re-rating catalysts.
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Ownership Overview
71.60% Insiders
2.86% Mutual Funds
1.84% Other Institutional Investors
23.71% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Sheng Siong Group Ltd.
Desktop Users
Mobile Users
OV8 FAQ
What was Sheng Siong Group Ltd.’s price range in the past 12 months?
Sheng Siong Group Ltd. lowest share price was S$1.43 and its highest was S$1.59 in the past 12 months.
What is Sheng Siong Group Ltd.’s market cap?
Currently, no data Available
When is Sheng Siong Group Ltd.’s upcoming earnings report date?
Sheng Siong Group Ltd.’s upcoming earnings report date is Jul 25, 2024 which is in 4 days.
How were Sheng Siong Group Ltd.’s earnings last quarter?
Sheng Siong Group Ltd. released its earnings results on Apr 25, 2024. The company reported S$0.024 earnings per share for the quarter, beating the consensus estimate of N/A by S$0.024.
Is Sheng Siong Group Ltd. overvalued?
According to Wall Street analysts Sheng Siong Group Ltd.’s price is currently Undervalued.
Does Sheng Siong Group Ltd. pay dividends?
Sheng Siong Group Ltd. pays a Annually dividend of S$0.03 which represents an annual dividend yield of 4.19%. See more information on Sheng Siong Group Ltd. dividends here
What is Sheng Siong Group Ltd.’s EPS estimate?
Sheng Siong Group Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Sheng Siong Group Ltd. have?
Sheng Siong Group Ltd. has 1,503,537,000 shares outstanding.
What happened to Sheng Siong Group Ltd.’s price movement after its last earnings report?
Sheng Siong Group Ltd. reported an EPS of S$0.024 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.667%.
Which hedge fund is a major shareholder of Sheng Siong Group Ltd.?
Currently, no hedge funds are holding shares in SG:OV8
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Sheng Siong Group Ltd. Stock Smart Score
Unlock Smart Score
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Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.97%
12-Months-Change
Fundamentals
Return on Equity
26.92%
Trailing 12-Months
Asset Growth
11.01%
Trailing 12-Months
Company Description
Sheng Siong Group Ltd.
Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products; and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities.
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OV8 Stock 12 Month Forecast
Average Price Target
S$1.72
▲(17.01% Upside)
Technical Analysis
Best Analysts Covering OV8
1 Year
1 Year Success Rate
2/5 ratings generated profit
1 Year Average Return
-1.68%
reiterated a buy rating 3 months ago
Copying Paul Chew's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of -1.68% per trade.
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