Hiap Seng Industries Ltd
SGX:1L2

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Hiap Seng Industries Ltd Logo
Hiap Seng Industries Ltd
SGX:1L2
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Price: 0.018 SGD -5.26%
Market Cap: S$87.3m

P/B

2.5
Current
248%
More Expensive
vs 3-y average of 0.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.5
=
Market Cap
S$71.7m
/
Total Equity
S$32.6m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.5
=
Market Cap
S$71.7m
/
Total Equity
S$32.6m

Valuation Scenarios

Hiap Seng Industries Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (0.7), the stock would be worth S$0.01 (71% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-71%
Maximum Upside
No Upside Scenarios
Average Downside
61%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.5 S$0.02
0%
3-Year Average 0.7 S$0.01
-71%
5-Year Average 0.7 S$0.01
-71%
Industry Average 1.2 S$0.01
-52%
Country Average 1.2 S$0.01
-51%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
SG
Hiap Seng Industries Ltd
SGX:1L2
80.6m SGD 2.5 23.6
US
Schlumberger NV
NYSE:SLB
82.6B USD 3.2 24.5
US
Baker Hughes Co
NASDAQ:BKR
67.5B USD 3.6 26.1
US
Halliburton Co
NYSE:HAL
33.5B USD 3.1 21.8
LU
Tenaris SA
MIL:TEN
27.1B EUR 1.9 16.6
UK
TechnipFMC PLC
NYSE:FTI
30.1B USD 9 31.3
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
132.4B CNY 5.7 47.2
UK
Subsea 7 SA
OSE:SUBC
93.6B NOK 2.3 24.5
IT
Saipem SpA
MIL:SPM
8.4B EUR 3.3 18.4
FR
Technip Energies NV
PAR:TE
7B EUR 3.2 19.3
US
Weatherford International PLC
NASDAQ:WFRD
7.9B USD 4.5 17

Market Distribution

Higher than 77% of companies in Singapore
Percentile
77th
Based on 580 companies
77th percentile
2.5
Low
0 — 0.8
Typical Range
0.8 — 1.9
High
1.9 —
Distribution Statistics
Singapore
Min 0
30th Percentile 0.8
Median 1.2
70th Percentile 1.9
Max 474.4

Hiap Seng Industries Ltd
Glance View

Market Cap
87.3m SGD
Industry
Energy

Hiap Seng Industries Ltd. engages in the provision of building construction, engineering, procurement, construction, and plant maintenance services. The company employs 256 full-time employees The firm is an integrated service provider of mechanical engineering, plant fabrication & installation and plant maintenance to the oil-and-gas (serving both upstream exploration and production as well as downstream refinery and storage), petrochemical, and pharmaceutical industries in Singapore, Asia Pacific, and other regions. Its services include engineering, procurement & construction (EPC), plant maintenance services, and others. Its EPC services include process and metering skids services, tanks & terminals, liquid storage, cryogenic, jetty topside & terminal ancillary, onshore gas offtake & metering facilities, compression & process modules for offshore, lube oil blending facilities, co-generation facilities, tanks/ pressure vessels, and structures. Its plant maintenance services include routine daily maintenance, total integrated plant maintenance, and turnaround maintenance.

1L2 Intrinsic Value
0.011 SGD
Overvaluation 37%
Intrinsic Value
Price S$0.018
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