Super Group , Food Empire and Viz Brand.
Amfraser has called for a BUY for Super Group with a target of $2.70 @ 20x PE ratio.
So now we compare Viz Brand and Food Empire.
Viz brand's products are sold under various brands, such as Gold Roast, BenCafe, Cafe 21, CappaRoma and Jaffa Juice in various markets, such as People’s Republic of China, South East Asia, Indochina, Iran, Japan, Africa, Middle East and United States.
Revenue is S$165 million with profit after tax of S$11.49 million.
PE ratio is 15.56x , using closing price on 31st July of 69cts.
Food Empire Holdings Limited manufactures and markets a range of instant beverage products, frozen convenience food, confectionery and snack food. It operates in two segments: beverages, which is involved in manufacture, sales and promotion of beverage products, and other products, which is involved in manufacture, sales and promotion of other non-beverage products, such as confectionery, snack and frozen convenience food and collection of rental income. It also markets a range of food products, including snack food, such as potato crisps, confectionery and an assortment of frozen convenience food, such as bite-sized seafood, dim sum and spring roll. In July 2012, its wholly owned subsidiaries, EpiQ Food Services Pte Ltd and Future Investment Holdings Pte Ltd, jointly incorporated Indus Coffee Private limited. In July 2012, its wholly owned subsidiary, Future Enterprises Pte Ltd, incorporated Mei Ka Fei (Inner Mongolia) Co., Ltd in People’s Republic of China.
Revenue is US$225 million with profit after tax of US$14.96 million.
PE ratio is 11.12x, using the closing price of S$0.43 on 31st July.
Comparing the 3 companies, it seems that Food Empire is a bargain at the moment.
I am always a fan of Food Empire since 1990s when it is doing Electronics distribution.
Maybe my recommendation is biased. I will tag a target of 15x to Food Empire or 58cts.
Its latest quarter results stand at EPS US$0.0094 per share. Forwarded PE will stand at 9x.
Valuation seems cheaper going forward.
Amfraser has called for a BUY for Super Group with a target of $2.70 @ 20x PE ratio.
So now we compare Viz Brand and Food Empire.
Viz brand's products are sold under various brands, such as Gold Roast, BenCafe, Cafe 21, CappaRoma and Jaffa Juice in various markets, such as People’s Republic of China, South East Asia, Indochina, Iran, Japan, Africa, Middle East and United States.
Revenue is S$165 million with profit after tax of S$11.49 million.
PE ratio is 15.56x , using closing price on 31st July of 69cts.
Food Empire Holdings Limited manufactures and markets a range of instant beverage products, frozen convenience food, confectionery and snack food. It operates in two segments: beverages, which is involved in manufacture, sales and promotion of beverage products, and other products, which is involved in manufacture, sales and promotion of other non-beverage products, such as confectionery, snack and frozen convenience food and collection of rental income. It also markets a range of food products, including snack food, such as potato crisps, confectionery and an assortment of frozen convenience food, such as bite-sized seafood, dim sum and spring roll. In July 2012, its wholly owned subsidiaries, EpiQ Food Services Pte Ltd and Future Investment Holdings Pte Ltd, jointly incorporated Indus Coffee Private limited. In July 2012, its wholly owned subsidiary, Future Enterprises Pte Ltd, incorporated Mei Ka Fei (Inner Mongolia) Co., Ltd in People’s Republic of China.
Revenue is US$225 million with profit after tax of US$14.96 million.
PE ratio is 11.12x, using the closing price of S$0.43 on 31st July.
Comparing the 3 companies, it seems that Food Empire is a bargain at the moment.
I am always a fan of Food Empire since 1990s when it is doing Electronics distribution.
Maybe my recommendation is biased. I will tag a target of 15x to Food Empire or 58cts.
Its latest quarter results stand at EPS US$0.0094 per share. Forwarded PE will stand at 9x.
Valuation seems cheaper going forward.
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