Latest news with #FrenckenGroup
Yahoo
a day ago
- Automotive
- Yahoo
Gapwaves begins waveguide antenna production for Valeo
Gapwaves has commenced series production of its waveguide antennas for Valeo's advanced driver assistance systems (ADAS), leveraging its patented multi-layer waveguide (MLW) technology. The production kick-off took place last week at Gapwaves' facility in Gothenburg, Sweden, with the first series delivery to Valeo completed on 1 July. The Gothenburg facility, inaugurated last November, is pivotal for developing, testing, and validating scalable production processes before transferring them to global production partners. Following the initial production phase in Gothenburg, Gapwaves will transfer the production to Frencken Group in China for full-scale, automated series production under Gapwaves' supervision. Valeo's new vehicle radar, incorporating Gapwaves' antennas, is set to enhance ADAS functionalities, such as blind spot warning and cross-traffic alert systems. Gapwaves said, its partnership with Valeo has resulted in a 'cost-effective radar' with substantially improved performance. Gapwaves CEO Jonas Ehinger said: "This is a very important milestone for Gapwaves. Our new pilot line in Gothenburg has been crucial for us to maintain such short lead times from the development of the new antenna all the way to production, while maintaining the highest quality, and demonstrating that we meet the requirements according to the high standards of the automotive industry. 'Over the past year, Gapwaves has taken many important steps in our commercialisation journey, and having production up and running for Valeo, a world leader in ADAS systems, is a strong testament to Gapwaves positioning." Gapwaves' multi-layer waveguide technology offers high-end performance at reduced costs. Gapwaves is set to produce approximately 435,000 antennas this year and an estimated 4.5 million in 2026, an increase from the 60,000 produced between 2011 and 2023. "Gapwaves begins waveguide antenna production for Valeo" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
a day ago
- Automotive
- Yahoo
Gapwaves begins waveguide antenna production for Valeo
Gapwaves has commenced series production of its waveguide antennas for Valeo's advanced driver assistance systems (ADAS), leveraging its patented multi-layer waveguide (MLW) technology. The production kick-off took place last week at Gapwaves' facility in Gothenburg, Sweden, with the first series delivery to Valeo completed on 1 July. The Gothenburg facility, inaugurated last November, is pivotal for developing, testing, and validating scalable production processes before transferring them to global production partners. Following the initial production phase in Gothenburg, Gapwaves will transfer the production to Frencken Group in China for full-scale, automated series production under Gapwaves' supervision. Valeo's new vehicle radar, incorporating Gapwaves' antennas, is set to enhance ADAS functionalities, such as blind spot warning and cross-traffic alert systems. Gapwaves said, its partnership with Valeo has resulted in a 'cost-effective radar' with substantially improved performance. Gapwaves CEO Jonas Ehinger said: "This is a very important milestone for Gapwaves. Our new pilot line in Gothenburg has been crucial for us to maintain such short lead times from the development of the new antenna all the way to production, while maintaining the highest quality, and demonstrating that we meet the requirements according to the high standards of the automotive industry. 'Over the past year, Gapwaves has taken many important steps in our commercialisation journey, and having production up and running for Valeo, a world leader in ADAS systems, is a strong testament to Gapwaves positioning." Gapwaves' multi-layer waveguide technology offers high-end performance at reduced costs. Gapwaves is set to produce approximately 435,000 antennas this year and an estimated 4.5 million in 2026, an increase from the 60,000 produced between 2011 and 2023. "Gapwaves begins waveguide antenna production for Valeo" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
31-05-2025
- Business
- Yahoo
Frencken Group Limited's (SGX:E28) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Frencken Group's (SGX:E28) stock is up by a considerable 14% over the past month. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. In this article, we decided to focus on Frencken Group's ROE. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Frencken Group is: 8.4% = S$37m ÷ S$438m (Based on the trailing twelve months to December 2024). The 'return' is the income the business earned over the last year. That means that for every SGD1 worth of shareholders' equity, the company generated SGD0.08 in profit. See our latest analysis for Frencken Group Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. When you first look at it, Frencken Group's ROE doesn't look that attractive. Although a closer study shows that the company's ROE is higher than the industry average of 3.9% which we definitely can't overlook. However, Frencken Group's five year net income decline rate was 4.9%. Bear in mind, the company does have a slightly low ROE. It is just that the industry ROE is lower. So that could be one of the factors that are causing earnings growth to shrink. So, as a next step, we compared Frencken Group's performance against the industry and were disappointed to discover that while the company has been shrinking its earnings, the industry has been growing its earnings at a rate of 9.8% over the last few years. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Frencken Group's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Looking at its three-year median payout ratio of 30% (or a retention ratio of 70%) which is pretty normal, Frencken Group's declining earnings is rather baffling as one would expect to see a fair bit of growth when a company is retaining a good portion of its profits. So there could be some other explanations in that regard. For instance, the company's business may be deteriorating. Additionally, Frencken Group has paid dividends over a period of at least ten years, which means that the company's management is determined to pay dividends even if it means little to no earnings growth. Upon studying the latest analysts' consensus data, we found that the company is expected to keep paying out approximately 32% of its profits over the next three years. Therefore, the company's future ROE is also not expected to change by much with analysts predicting an ROE of 9.8%. In total, it does look like Frencken Group has some positive aspects to its business. However, while the company does have a decent ROE and a high profit retention, its earnings growth number is quite disappointing. This suggests that there might be some external threat to the business, that's hampering growth. With that said, we studied the latest analyst forecasts and found that while the company has shrunk its earnings in the past, analysts expect its earnings to grow in the future. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-03-2025
- Business
- Yahoo
Some Investors May Be Worried About Frencken Group's (SGX:E28) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. In light of that, when we looked at Frencken Group (SGX:E28) and its ROCE trend, we weren't exactly thrilled. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Frencken Group, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.094 = S$45m ÷ (S$735m - S$251m) (Based on the trailing twelve months to December 2024). Therefore, Frencken Group has an ROCE of 9.4%. On its own that's a low return, but compared to the average of 4.4% generated by the Machinery industry, it's much better. View our latest analysis for Frencken Group Above you can see how the current ROCE for Frencken Group compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Frencken Group for free. In terms of Frencken Group's historical ROCE movements, the trend isn't fantastic. Over the last five years, returns on capital have decreased to 9.4% from 17% five years ago. However it looks like Frencken Group might be reinvesting for long term growth because while capital employed has increased, the company's sales haven't changed much in the last 12 months. It's worth keeping an eye on the company's earnings from here on to see if these investments do end up contributing to the bottom line. Bringing it all together, while we're somewhat encouraged by Frencken Group's reinvestment in its own business, we're aware that returns are shrinking. Yet to long term shareholders the stock has gifted them an incredible 119% return in the last five years, so the market appears to be rosy about its future. Ultimately, if the underlying trends persist, we wouldn't hold our breath on it being a multi-bagger going forward. If you're still interested in Frencken Group it's worth checking out our to see if it's trading at an attractive price in other respects. While Frencken Group may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
27-02-2025
- Business
- Yahoo
Is There Now An Opportunity In Frencken Group Limited (SGX:E28)?
While Frencken Group Limited (SGX:E28) might not have the largest market cap around , it saw significant share price movement during recent months on the SGX, rising to highs of S$1.24 and falling to the lows of S$1.07. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Frencken Group's current trading price of S$1.07 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Frencken Group's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. See our latest analysis for Frencken Group According to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average, the stock price seems to be justfied. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 11.86x is currently trading slightly below its industry peers' ratio of 11.97x, which means if you buy Frencken Group today, you'd be paying a decent price for it. And if you believe that Frencken Group should be trading at this level in the long run, then there's not much of an upside to gain over and above other industry peers. Is there another opportunity to buy low in the future? Since Frencken Group's share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 22% over the next couple of years, the future seems bright for Frencken Group. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? E28's optimistic future growth appears to have been factored into the current share price, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at E28? Will you have enough conviction to buy should the price fluctuate below the industry PE ratio? Are you a potential investor? If you've been keeping an eye on E28, now may not be the most advantageous time to buy, given it is trading around industry price multiples. However, the positive outlook is encouraging for E28, which means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. Since timing is quite important when it comes to individual stock picking, it's worth taking a look at what those latest analysts forecasts are. Luckily, you can check out what analysts are forecasting by clicking here. If you are no longer interested in Frencken Group, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
