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Mieco Chipboard BerhadKLSE:MIECO Stock Report

Market Cap RM 660.0m
Share Price
RM 0.66
My Fair Value
RM 0.14
357.8% overvalued intrinsic discount
1Y-1.5%
7D-0.8%
Portfolio Value
View

Mieco Chipboard Berhad

KLSE:MIECO Stock Report

Market Cap: RM 660.0m

Mieco Chipboard Berhad (MIECO) Stock Overview

An investment holding company, engages in the manufacture and sale of wood-based products in Malaysia, Hong Kong, China, and internationally. More details

MIECO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

MIECO Community Fair Values

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Mieco Chipboard Berhad Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mieco Chipboard Berhad
Historical stock prices
Current Share PriceRM 0.66
52 Week HighRM 0.75
52 Week LowRM 0.55
Beta0.47
1 Month Change1.54%
3 Month Change-3.65%
1 Year Change-1.49%
3 Year Change17.86%
5 Year Change240.65%
Change since IPO77.18%

Recent News & Updates

Recent updates

Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

May 21
Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

Investors Met With Slowing Returns on Capital At Mieco Chipboard Berhad (KLSE:MIECO)

Apr 13
Investors Met With Slowing Returns on Capital At Mieco Chipboard Berhad (KLSE:MIECO)

Why Mieco Chipboard Berhad's (KLSE:MIECO) Healthy Earnings Aren’t As Good As They Seem

Jun 02
Why Mieco Chipboard Berhad's (KLSE:MIECO) Healthy Earnings Aren’t As Good As They Seem

These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively

May 06
These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively

What Do The Returns On Capital At Mieco Chipboard Berhad (KLSE:MIECO) Tell Us?

Mar 01
What Do The Returns On Capital At Mieco Chipboard Berhad (KLSE:MIECO) Tell Us?

Would Mieco Chipboard Berhad (KLSE:MIECO) Be Better Off With Less Debt?

Feb 01
Would Mieco Chipboard Berhad (KLSE:MIECO) Be Better Off With Less Debt?

Does Mieco Chipboard Berhad's (KLSE:MIECO) CEO Salary Compare Well With Industry Peers?

Dec 28
Does Mieco Chipboard Berhad's (KLSE:MIECO) CEO Salary Compare Well With Industry Peers?

A Look At The Intrinsic Value Of Mieco Chipboard Berhad (KLSE:MIECO)

Dec 01
A Look At The Intrinsic Value Of Mieco Chipboard Berhad (KLSE:MIECO)

Shareholder Returns

MIECOMY ForestryMY Market
7D-0.8%0.3%1.0%
1Y-1.5%-8.7%-4.7%

Return vs Industry: MIECO exceeded the MY Forestry industry which returned -8.7% over the past year.

Return vs Market: MIECO exceeded the MY Market which returned -4.7% over the past year.

Price Volatility

Is MIECO's price volatile compared to industry and market?
MIECO volatility
MIECO Average Weekly Movement1.4%
Forestry Industry Average Movement4.8%
Market Average Movement4.9%
10% most volatile stocks in MY Market10.5%
10% least volatile stocks in MY Market2.4%

Stable Share Price: MIECO has not had significant price volatility in the past 3 months compared to the MY market.

Volatility Over Time: MIECO's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972448Ah Chai Ngmieco.com.my

Mieco Chipboard Berhad, an investment holding company, engages in the manufacture and sale of wood-based products in Malaysia, Hong Kong, China, and internationally. The company manufactures and distributes particle boards, melamine faced boards (MFC), medium density fibreboards (MDF), and solid rubberwood products. It also offers high pressure laminate, rubberwood raw material, and wooded furniture, as well as chipboards related products.

Mieco Chipboard Berhad Fundamentals Summary

How do Mieco Chipboard Berhad's earnings and revenue compare to its market cap?
MIECO fundamental statistics
Market capRM 660.00m
Earnings (TTM)RM 5.97m
Revenue (TTM)RM 405.02m
110.6x
P/E Ratio
1.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIECO income statement (TTM)
RevenueRM 405.02m
Cost of RevenueRM 378.38m
Gross ProfitRM 26.64m
Other ExpensesRM 20.67m
EarningsRM 5.97m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.006
Gross Margin6.58%
Net Profit Margin1.47%
Debt/Equity Ratio67.0%

How did MIECO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/25 01:28
End of Day Share Price 2025/08/25 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mieco Chipboard Berhad is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan KohUOB Kay Hian Research Pte Ltd
Kent ChinUOB Kay Hian Research Pte Ltd
Jit Hoong ChanUOB Kay Hian Research Pte Ltd