Added to YB: 2025-06-24
Pitch date: 2025-06-20
5ML.SI [neutral]
Old Chang Kee Ltd.
+20.54%
current return
Author Info
No bio for this author
Company Info
Old Chang Kee Ltd., an investment holding company, engages in the manufacture and distribution of food products under the Old Chang Kee brand in Singapore, Australia, and Malaysia.
Market Cap
SGD 118.9M
Pitch Price
SGD 0.96
Price Target
N/A
Dividend
2.04%
EV/EBITDA
3.48
P/E
10.48
EV/Sales
0.87
Sector
Food Products
Category
value
Digging in Micro Cap Land - 5ML.SI
5ML.SI (quick overview): Old Chang Kee operates 80 Asian food outlets in high-traffic areas + growing B2B catering (11% of sales). Shows operating leverage: +12.4% rev → +42% op profit. Clean balance sheet w/ high cash. Trades at 3-4x EBITDA vs pre-COVID 10-11x. Risks: mixed reviews (3.5/5), minimal growth plans despite cash reserves, modest 2% dividend yield.
Read full article (2 min)