There are many companies listed on the stock exchange in Singapore. sometimes it is hard to determine which company in a particular industry is better than its peers.
In this article, we will make some quick comparisons between two companies operating in the glove manufacturing industry, Top Glove (SGX: BVA) and Riverstone Holdings Limited (SGX: AP4). Singapore Stock Market News
Over past few years, Glove-manufacturing businesses enhanced its strong growth in demand for healthcare and clean room gloves, favorable foreign exchange rates and low raw material prices have been catalysts to their growth.
To determine which might give you more bang for the buck:
Top Glove industry with its largest market player reports its market share of about 25% and has a market capitalization of around S$4.3 billion and production of 45 billion gloves annually. It supplies to over 2,000 customers across 195 countries. Top Glove has grown its revenue from S$901.6 million in FY2014 to S$1.24 billion over the last 12-month period ended 28 February 2018. And its EBITDA from S$105.2 million in FY2014 to S$166.8 million and also its earnings per share from 16 sen in FY 2013 to 30.52 sen in the last 12-month reporting period.
In comparison, Riverstone Holdings is a much smaller player with its has an annual production of 9 billion gloves and a market capitalization of S$718.85 million, which are used in the production of hard disk and semiconductors. Because of that, it has been able to extract higher margins than its competitors. Riverstone Holdings has revenue from S$151 million in 2014 to S$277.8 million over its last 12-month period ended 31 March 2018. And increased its EBITDA from S$35.3 million in 2014 to S$64.3 and growing its earnings per share from 8 sen in 2013 to 17.1 sen in the last 12-month period.
Revenue growth: At last Top Glove compounded its annual growth rate of 7.4% and Riverstone of 15.4%. The above study shows Riverstone has managed its growth revenue at a faster pace than Top Gloves. Stock Research Singapore
EBITDA growth: So Top Gloves annually growth compounded is 10.7% On the other hand, Riverstone is good for a 15.2% compounded annual growth. Once again, Riverstone comes up top.
Earnings per share growth: Riverstone managed a compounded growth of 15.6%, and Top Gloves translates to a 13.1% growth over the five-year period. Here also reports says that Riverstone Holding did marginally better than Top Glove.
In this article, we will make some quick comparisons between two companies operating in the glove manufacturing industry, Top Glove (SGX: BVA) and Riverstone Holdings Limited (SGX: AP4). Singapore Stock Market News
Over past few years, Glove-manufacturing businesses enhanced its strong growth in demand for healthcare and clean room gloves, favorable foreign exchange rates and low raw material prices have been catalysts to their growth.
To determine which might give you more bang for the buck:
Top Glove industry with its largest market player reports its market share of about 25% and has a market capitalization of around S$4.3 billion and production of 45 billion gloves annually. It supplies to over 2,000 customers across 195 countries. Top Glove has grown its revenue from S$901.6 million in FY2014 to S$1.24 billion over the last 12-month period ended 28 February 2018. And its EBITDA from S$105.2 million in FY2014 to S$166.8 million and also its earnings per share from 16 sen in FY 2013 to 30.52 sen in the last 12-month reporting period.
In comparison, Riverstone Holdings is a much smaller player with its has an annual production of 9 billion gloves and a market capitalization of S$718.85 million, which are used in the production of hard disk and semiconductors. Because of that, it has been able to extract higher margins than its competitors. Riverstone Holdings has revenue from S$151 million in 2014 to S$277.8 million over its last 12-month period ended 31 March 2018. And increased its EBITDA from S$35.3 million in 2014 to S$64.3 and growing its earnings per share from 8 sen in 2013 to 17.1 sen in the last 12-month period.
Revenue growth: At last Top Glove compounded its annual growth rate of 7.4% and Riverstone of 15.4%. The above study shows Riverstone has managed its growth revenue at a faster pace than Top Gloves. Stock Research Singapore
EBITDA growth: So Top Gloves annually growth compounded is 10.7% On the other hand, Riverstone is good for a 15.2% compounded annual growth. Once again, Riverstone comes up top.
Earnings per share growth: Riverstone managed a compounded growth of 15.6%, and Top Gloves translates to a 13.1% growth over the five-year period. Here also reports says that Riverstone Holding did marginally better than Top Glove.
No comments:
Post a Comment