Yahoo Finance Where Enviro-Hub Holdings Ltd’s (SGX:L23) Earnings Growth Stands Against Its Industry
Examining Enviro-Hub Holdings Ltd’s (SGX:L23) past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company has met or exceed expectations, which is a great indicator for future performance. Today I will assess L23’s latest performance announced on 31 March 2018 and compare these figures to its longer term trend and industry movements. View our latest analysis for Enviro-Hub Holdings
How Did L23’s Recent Performance Stack Up Against Its Past?
I like to use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. This blend enables me to examine different companies in a uniform manner using new information. For Enviro-Hub Holdings, its most recent trailing-twelve-month earnings is -S$10.56M, which, relative to the prior year’s figure, has become more negative. Since these values are fairly nearsighted, I have determined an annualized five-year figure for Enviro-Hub Holdings’s earnings, which stands at -S$624.74K. This doesn’t look much better, since earnings seem to have gradually been getting more and more negative over time.
We can further evaluate Enviro-Hub Holdings’s loss by looking at what the industry has been experiencing over the past few years. Each year, for the last five years Enviro-Hub Holdings’s top-line has grown by a mere 8.47%, on average. The company’s inability to breakeven has been aided by the relatively flat top-line in the past. Eyeballing growth from a sector-level, the SG metals and mining industry has been enduring severe headwinds over the past few years, leading to an average earnings drop of -41.62% in the most recent year. This suggests that any recent the industry is experiencing, it’s hitting Enviro-Hub Holdings harder than its peers.
What does this mean?
Enviro-Hub Holdings’s track record can be a valuable insight into its earnings performance, but it certainly doesn’t tell the whole story. Companies that incur net loss is always hard to envisage what will occur going forward, and when. The most valuable step is to assess company-specific issues Enviro-Hub Holdings may be facing and whether management guidance has consistently been met in the past. You should continue to research Enviro-Hub Holdings to get a more holistic view of the stock by looking at:
Financial Health: Is L23’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
NB: Figures in this article are calculated using data from the trailing twelve months from 31 March 2018. This may not be consistent with full year annual report figures.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
