NRA Capital Pte Ltd

Written by: jinshu

Friday 26 Feb 2016

OKP Holdings Limited - Company note

Order book yields interesting insights

We dissected OKP’s net order book of S$344.8m (+16.2% from S$296.8m a year ago) and estimate that revenue will likely grow by 26% to S$130m in 2016. Assuming similar segment margins as in 2015, we estimate that net profit attributable to shareholders will likely grow by 17.7% in 2016 to around S$8.2m. Deducting net cash of S$0.170 per share from share price, OKP trades at a low P/E of 2.5x FY16 earnings.

Please login

Premium Content

Premium Content


This article requires a premium subscription. Click here to upgrade.

If you are not yet a registered member of NetResearch Asia, please click here to register before paying.

If you accessing this site though Lim&Tan's website and using Internet Explorer, please click here  to rectify access issues.


Access to this Web site is granted by NRA Capital Pte. Ltd. strictly on the terms and subject to the conditions set out hereunder. By entering into the Web Site, Subscriber is deemed to have accepted and agreed to be bound by the terms and conditions  set out hereunder.