Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to RM1.80, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 13x in the Consumer Durables industry in Malaysia. Total loss to shareholders of 31% over the past three years. Upcoming Dividend • Jul 20
Upcoming dividend of RM0.10 per share Eligible shareholders must have bought the stock before 27 July 2026. Payment date: 14 August 2026. Trailing yield: 6.3%. Within top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (3.5%). Ankündigung • Jul 13
Khind Holdings Berhad Announces Single Tier Interim Dividend for the Financial Year Ending December 31, 2026, Payable on August 14, 2026 Khind Holdings Berhad announced Single Tier Interim Dividend of 10 sen per share for the financial year ending December 31, 2026. Ex-Date is July 27, 2026. The dividend will be payable on August 14, 2026. Entitlement date was 28 July 2026. Reported Earnings • May 21
First quarter 2026 earnings released: EPS: RM0.016 (vs RM0.006 in 1Q 2025) First quarter 2026 results: EPS: RM0.016 (up from RM0.006 in 1Q 2025). Revenue: RM107.2m (down 8.5% from 1Q 2025). Net income: RM660.0k (up 163% from 1Q 2025). Profit margin: 0.6% (up from 0.2% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • May 06
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 5.9% to RM1.43. The fair value is estimated to be RM1.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has declined by 66%. Ankündigung • Apr 23
Khind Holdings Berhad, Annual General Meeting, May 25, 2026 Khind Holdings Berhad, Annual General Meeting, May 25, 2026, at 10:00 Singapore Standard Time. Location: khind event hall, first floor, no. 2, jalan astaka u8/82, seksyen u8, bukit jelutong, 40150 shah alam, selangor, Malaysia Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to RM1.47, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 11x in the Consumer Durables industry in Malaysia. Total loss to shareholders of 45% over the past three years. Buy Or Sell Opportunity • Apr 20
Now 27% overvalued Over the last 90 days, the stock has fallen 8.0% to RM1.38. The fair value is estimated to be RM1.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has declined by 66%. Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: RM0.085 (vs RM0.035 in FY 2024) Full year 2025 results: EPS: RM0.085 (up from RM0.035 in FY 2024). Revenue: RM467.3m (down 8.7% from FY 2024). Net income: RM3.58m (up 142% from FY 2024). Profit margin: 0.8% (up from 0.3% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to RM1.52, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 14x in the Consumer Durables industry in Malaysia. Total loss to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to RM1.56, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 12x in the Consumer Durables industry in Malaysia. Total loss to shareholders of 48% over the past three years. Reported Earnings • Nov 20
Third quarter 2025 earnings released: EPS: RM0.02 (vs RM0.002 loss in 3Q 2024) Third quarter 2025 results: EPS: RM0.02 (up from RM0.002 loss in 3Q 2024). Revenue: RM117.8m (down 8.4% from 3Q 2024). Net income: RM847.0k (up RM948.0k from 3Q 2024). Profit margin: 0.7% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: RM0.058 (vs RM0.03 in 2Q 2024) Second quarter 2025 results: EPS: RM0.058 (up from RM0.03 in 2Q 2024). Revenue: RM125.5m (down 8.1% from 2Q 2024). Net income: RM2.42m (up 93% from 2Q 2024). Profit margin: 1.9% (up from 0.9% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • May 24
First quarter 2025 earnings released: EPS: RM0.006 (vs RM0.024 in 1Q 2024) First quarter 2025 results: EPS: RM0.006 (down from RM0.024 in 1Q 2024). Revenue: RM117.2m (flat on 1Q 2024). Net income: RM251.0k (down 75% from 1Q 2024). Profit margin: 0.2% (down from 0.9% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Ankündigung • Apr 28
Khind Holdings Berhad, Annual General Meeting, May 28, 2025 Khind Holdings Berhad, Annual General Meeting, May 28, 2025, at 10:00 Singapore Standard Time. Location: khind event hall, first floor, no. 2, jalan astaka u8/82, seksyen u8, bukit jelutong, 40150 shah alam, selangor, Malaysia Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to RM2.15, the stock trades at a trailing P/E ratio of 61.1x. Average trailing P/E is 14x in the Consumer Durables industry in Malaysia. Total loss to shareholders of 31% over the past three years. New Risk • Mar 05
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 284% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 284% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (RM84.1m market cap, or US$19.0m). Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: RM0.035 (vs RM0.17 in FY 2023) Full year 2024 results: EPS: RM0.035 (down from RM0.17 in FY 2023). Revenue: RM511.6m (up 2.6% from FY 2023). Net income: RM1.48m (down 79% from FY 2023). Profit margin: 0.3% (down from 1.4% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 21
Third quarter 2024 earnings released: RM0.002 loss per share (vs RM0.011 loss in 3Q 2023) Third quarter 2024 results: RM0.002 loss per share (improved from RM0.011 loss in 3Q 2023). Revenue: RM128.6m (up 11% from 3Q 2023). Net loss: RM101.0k (loss narrowed 79% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: RM0.03 (vs RM0.044 in 2Q 2023) Second quarter 2024 results: EPS: RM0.03 (down from RM0.044 in 2Q 2023). Revenue: RM136.6m (down 5.4% from 2Q 2023). Net income: RM1.25m (down 33% from 2Q 2023). Profit margin: 0.9% (down from 1.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Aug 06
Upcoming dividend of RM0.10 per share Eligible shareholders must have bought the stock before 13 August 2024. Payment date: 13 September 2024. Trailing yield: 2.9%. Lower than top quartile of Malaysian dividend payers (5.0%). Lower than average of industry peers (5.2%). Reported Earnings • May 22
First quarter 2024 earnings released: EPS: RM0.024 (vs RM0.01 in 1Q 2023) First quarter 2024 results: EPS: RM0.024 (up from RM0.01 in 1Q 2023). Revenue: RM117.6m (flat on 1Q 2023). Net income: RM1.02m (up 133% from 1Q 2023). Profit margin: 0.9% (up from 0.4% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Ankündigung • May 01
Khind Holdings Berhad, Annual General Meeting, May 29, 2024 Khind Holdings Berhad, Annual General Meeting, May 29, 2024, at 10:00 Singapore Standard Time. Location: Khind Event Hall, First Floor, No. 2, Jalan Astaka U8/82, Seksyen U8, Bukit Jelutong, 40150 SELANGOR DARUL EHSAN Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 and the Reports of the Directors and Auditors thereon; to re-elect Dato' Seri Rosman Bin Mohamed who retire by rotation pursuant to Clause 76(3) of the Constitution of the Company; to approve the Non-Executive Director's fee of MYR 150,000.00 payable to Dato' Seri Rosman Bin Mohamed for the period commencing on the date immediately after the date of the 28th AGM up to the date of the next AGM to be held in 2025; to approve the Non-Executive Director's fee of RM150,000.00 payable to Ms Lee Li Ming; to approve the Directors' benefits of RM80,000.00 payable to the Non-Executive Directors; to re-appoint RSM Malaysia PLT as Auditors of the Company and authorise the Directors to fix their remuneration. Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: RM0.17 (vs RM0.43 in FY 2022) Full year 2023 results: EPS: RM0.17 (down from RM0.43 in FY 2022). Revenue: RM498.8m (down 11% from FY 2022). Net income: RM7.16m (down 59% from FY 2022). Profit margin: 1.4% (down from 3.1% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 22
Third quarter 2023 earnings released: RM0.011 loss per share (vs RM0.086 profit in 3Q 2022) Third quarter 2023 results: RM0.011 loss per share (down from RM0.086 profit in 3Q 2022). Revenue: RM115.6m (down 22% from 3Q 2022). Net loss: RM480.0k (down 114% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: RM0.044 (vs RM0.23 in 2Q 2022) Second quarter 2023 results: EPS: RM0.044 (down from RM0.23 in 2Q 2022). Revenue: RM144.4m (down 13% from 2Q 2022). Net income: RM1.86m (down 80% from 2Q 2022). Profit margin: 1.3% (down from 5.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • May 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Chairman of the Board Ping Keat Cheng is the most experienced director on the board, commencing their role in 1998. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 18
First quarter 2023 earnings released: EPS: RM0.01 (vs RM0.056 in 1Q 2022) First quarter 2023 results: EPS: RM0.01 (down from RM0.056 in 1Q 2022). Revenue: RM118.5m (down 13% from 1Q 2022). Net income: RM438.0k (down 81% from 1Q 2022). Profit margin: 0.4% (down from 1.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 28
Upcoming dividend of RM0.08 per share at 2.8% yield Eligible shareholders must have bought the stock before 05 May 2023. Payment date: 18 May 2023. Trailing yield: 2.8%. Lower than top quartile of Malaysian dividend payers (5.3%). Lower than average of industry peers (4.7%). Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: RM0.41 (vs RM0.63 in FY 2021) Full year 2022 results: EPS: RM0.41 (down from RM0.63 in FY 2021). Revenue: RM559.6m (down 3.4% from FY 2021). Net income: RM16.7m (down 34% from FY 2021). Profit margin: 3.0% (down from 4.4% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 23
Third quarter 2022 earnings released: EPS: RM0.086 (vs RM0.16 in 3Q 2021) Third quarter 2022 results: EPS: RM0.086 (down from RM0.16 in 3Q 2021). Revenue: RM148.6m (up 2.1% from 3Q 2021). Net income: RM3.51m (down 44% from 3Q 2021). Profit margin: 2.4% (down from 4.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: RM0.23 (vs RM0.21 in 2Q 2021) Second quarter 2022 results: EPS: RM0.23 (up from RM0.21 in 2Q 2021). Revenue: RM166.7m (up 11% from 2Q 2021). Net income: RM9.24m (up 11% from 2Q 2021). Profit margin: 5.5% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorated over the past week After last week's 17% share price decline to RM2.74, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 18x in the Consumer Durables industry in Malaysia. Total returns to shareholders of 70% over the past three years. Reported Earnings • May 20
First quarter 2022 earnings released: EPS: RM0.056 (vs RM0.11 in 1Q 2021) First quarter 2022 results: EPS: RM0.056 (down from RM0.11 in 1Q 2021). Revenue: RM136.2m (down 2.6% from 1Q 2021). Net income: RM2.26m (down 50% from 1Q 2021). Profit margin: 1.7% (down from 3.2% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 23
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: RM0.63 (down from RM0.71 in FY 2020). Revenue: RM579.2m (up 21% from FY 2020). Net income: RM25.3m (down 11% from FY 2020). Profit margin: 4.4% (down from 6.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 01
Upcoming dividend of RM0.05 per share Eligible shareholders must have bought the stock before 08 December 2021. Payment date: 20 December 2021. Trailing yield: 1.3%. Lower than top quartile of Malaysian dividend payers (4.6%). Lower than average of industry peers (4.8%). Reported Earnings • Nov 25
Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint Third quarter 2021 results: EPS: RM0.16 (up from RM0.14 in 3Q 2020). Revenue: RM145.6m (up 3.0% from 3Q 2020). Net income: RM6.26m (up 7.5% from 3Q 2020). Profit margin: 4.3% (up from 4.1% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 51% share price gain to RM4.57, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 13x in the Consumer Durables industry in Malaysia. Total returns to shareholders of 171% over the past three years. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS RM0.21 (vs RM0.10 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM150.6m (up 29% from 2Q 2020). Net income: RM8.33m (up 103% from 2Q 2020). Profit margin: 5.5% (up from 3.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Executive Departure • Jun 10
Senior Independent Non-Executive Director Kamil Bin Dato’ Haji Abdul Rahman has left the company On the 2nd of June, Kamil Bin Dato’ Haji Abdul Rahman's tenure as Senior Independent Non-Executive Director ended after 19.9 years in the role. We don't have any record of a personal shareholding under Kamil's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.17 years. Reported Earnings • May 27
First quarter 2021 earnings released: EPS RM0.11 (vs RM0.31 in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: RM139.9m (up 70% from 1Q 2020). Net income: RM4.47m (down 64% from 1Q 2020). Profit margin: 3.2% (down from 15% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Full year 2020 earnings released: EPS RM0.71 (vs RM0.047 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: RM479.0m (up 32% from FY 2019). Net income: RM28.5m (up RM26.6m from FY 2019). Profit margin: 6.0% (up from 0.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 21% share price gain to RM4.10, the stock is trading at a trailing P/E ratio of 7.2x, up from the previous P/E ratio of 6x. This compares to an average P/E of 17x in the Consumer Durables industry in Malaysia. Total returns to shareholders over the past three years are 128%. Is New 90 Day High Low • Feb 04
New 90-day high: RM4.21 The company is up 107% from its price of RM2.03 on 06 November 2020. The Malaysian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 14% over the same period. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 17% share price gain to RM3.36, the stock is trading at a trailing P/E ratio of 5.9x, up from the previous P/E ratio of 5.1x. This compares to an average P/E of 14x in the Consumer Durables industry in Malaysia. Total returns to shareholders over the past three years are 80%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 17% share price gain to RM3.09, the stock is trading at a trailing P/E ratio of 5.4x, up from the previous P/E ratio of 4.7x. This compares to an average P/E of 13x in the Consumer Durables industry in Malaysia. Total returns to shareholders over the past three years are 49%. Valuation Update With 7 Day Price Move • Dec 04
Market pulls back on stock over the past week After last week's 18% share price decline to RM2.88, the stock is trading at a trailing P/E ratio of 5.1x, down from the previous P/E ratio of 6.2x. This compares to an average P/E of 14x in the Consumer Durables industry in Malaysia. Total returns to shareholders over the past three years are 36%. Valuation Update With 7 Day Price Move • Dec 02
Market bids up stock over the past week After last week's 42% share price gain to RM3.11, the stock is trading at a trailing P/E ratio of 5.5x, up from the previous P/E ratio of 3.9x. This compares to an average P/E of 14x in the Consumer Durables industry in Malaysia. Total returns to shareholders over the past three years are 47%. Is New 90 Day High Low • Nov 26
New 90-day high: RM2.84 The company is up 60% from its price of RM1.78 on 28 August 2020. The Malaysian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 19% over the same period. Reported Earnings • Nov 26
Third quarter 2020 earnings released: EPS RM0.14 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: RM141.3m (up 53% from 3Q 2019). Net income: RM5.82m (up RM5.52m from 3Q 2019). Profit margin: 4.1% (up from 0.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 18
Upcoming Dividend of RM0.10 Per Share Will be paid on the 10th of December to those who are registered shareholders by the 25th of November. The company last paid an ordinary dividend in May 2018. The average dividend yield among industry peers is 4.7%. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 16% share price gain to RM2.14, the stock is trading at a trailing P/E ratio of 5x, up from the previous P/E ratio of 4.3x. This compares to an average P/E of 12x in the Consumer Durables industry in Malaysia. Total return to shareholders over the past three years is a loss of 2.2%.