Sunday, March 01, 2015

Stock Analysis 6: CMP 2014 Full Year

Market Price (2015-2-27) = $1.06

Converted using $1HKD to $0.18SGD.

Earnings
Approx. EPS: $0.16
Approx. DPS: $0.07 (Plus bonus shares!)

Ratios

P/E: 6.6
Yield: 6.6%

Profitability

ROE: 11.6% [Avg for SG blue chips is 11.8%]
Asset Turnover: 0.139 [Avg for SG blue chips is ~0.5. Not a good measure because asset heavy company]
Net Income Margin: 36.6

Balance Sheet

Current Ratio: 3.2
Debt To Equity: 0.36
NAV: $1.07

Additional Info

Biannual distributions in May/Oct. Management committed to paying out at least 50% earnings as dividends

Personal Opinion: HOLD/BUY

They are giving 1 for every 20 share bonus issue, ON TOP of a 3.5 cents dividends! That means I am going to get 5 lots for 'free'!

Unless any policy change occurs, this will be a very strong income stock for many years to come.



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