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Sheng Siong Group Ltd. (SG:OV8)
SGX:OV8
Holding SG:OV8?
Track your performance easily
OV8 Stock Chart & Stats
Day’s Range― - ―
52-Week RangeS$1.47 - S$1.68
Previous CloseN/A
Volume1.30M
Average Volume (3M)1.05M
Market Cap
S$2.45B
Enterprise ValueS$2.04B
Total Cash (Recent Filing)$73.44M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)17.2
Beta0.34
Next Earnings
Mar 03, 2025EPS EstimateN/A
Last Dividend Ex-Date
Aug 15, 2024Dividend Yield3.93%
Share Statistics
EPS (TTM)0.09
Shares Outstanding1,503,537,000
10 Day Avg. Volume1,183,800
30 Day Avg. Volume1,046,783
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
PEG RatioN/A
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 Cap0.83
Enterprise Value/Revenue1.53
Enterprise Value/Gross Profit5.20
Enterprise Value/Ebitda9.36
Forecast
1Y Price Target
S$1.84Price Target Upside12.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Sheng Siong Group Ltd. News
PremiumCompany Announcements
Sheng Siong Expands with New Property Subsidiary
PremiumCompany Announcements
Sheng Siong Announces Corporate Secretariat Change
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
EarningsSheng Siong Group reported stronger-than-expected revenue and earnings, driven by new stores and higher comparable same-store sales.
ExpansionThere is further upside from potential new store openings, leading to an upgrade in EPS estimates by 7-9%.
Financial MetricsSheng Siong's financial metrics are attractive with an ROE of 27%, a dividend yield of 4.0%, and a net cash position of S$350mn.
Bears Say
CompetitionCompetition remains stiff from unregulated street hawking and wet markets.
Dividend ExpectationsIf the dividend payout hike does not materialize, the stock may continue to trade sideways.
Sales PerformanceSame-store sales showed lackluster performance with growth stabilizing at 1.8% YoY, trending towards the pre-pandemic average.
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Ownership Overview
―
Insiders
2.48% Mutual Funds
<0.01% Other Institutional Investors
95.62% 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$1.47 and its highest was S$1.68 in the past 12 months.
What is Sheng Siong Group Ltd.’s market cap?
Sheng Siong Group Ltd.’s market cap is S$2.45B.
When is Sheng Siong Group Ltd.’s upcoming earnings report date?
Sheng Siong Group Ltd.’s upcoming earnings report date is Mar 03, 2025 which is in 31 days.
How were Sheng Siong Group Ltd.’s earnings last quarter?
Sheng Siong Group Ltd. released its earnings results on Oct 29, 2024. The company reported S$0.026 earnings per share for the quarter, beating the consensus estimate of N/A by S$0.026.
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$0.064 which represents an annual dividend yield of 3.93%. 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$0.026 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.637%.
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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Analyst Consensus
Moderate Buy
Average Price Target:
S$1.84 (12.88% Upside)
S$1.84 (12.88% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.23%
12-Months-Change
Fundamentals
Return on Equity
29.50%
Trailing 12-Months
Asset Growth
10.56%
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$1.84
▲(12.88% Upside)
Technical Analysis
Best Analysts Covering OV8
1 Year
1 Year Success Rate
5/7 ratings generated profit
1 Year Average Return
+3.64%
reiterated a buy rating 3 months ago
Copying Paul Chew's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +3.64% per trade.
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