Added to YB: 2024-09-30
Pitch date: 2024-09-27
H02.SI [bullish]
Haw Par Corporation Limited
+60.72%
current return
Author Info
Slow Turtle is an investment manager who invests in moats, special sits, commodities, deep value, and all caps. Sign up for the newsletter.
Company Info
Haw Par Corporation Limited, together with its subsidiaries, manufactures, markets, and trades in healthcare products in Singapore, The Association of Southeast Asian Nations countries, other Asian countries, and internationally.
Market Cap
SGD 3.3B
Pitch Price
SGD 9.73
Price Target
22.00 (+41%)
Dividend
2.67%
EV/EBITDA
34.29
P/E
13.23
EV/Sales
10.47
Sector
Pharmaceuticals
Category
value
Haw Par Corporation Limited - $H02.SI
H02.SI: Tiger Balm maker w/ 6-8% trend growth. 80%+ of core profits from healthcare. Strategic investments in UOB & UOL. 33% mkt cap in cash. No debt. S$10-18 valuation band. DCF values healthcare at $6/share. SOP S$22/share. Trading near -1SD vs no-growth value. 3.8% div yield. Family owns 36%, UOB 10%, First Eagle 10%.
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