View Past PerformanceExcel Force MSC Berhad バランスシートの健全性財務の健全性 基準チェック /56Excel Force MSC Berhadの総株主資本はMYR125.8M 、総負債はMYR13.8Mで、負債比率は11%となります。総資産と総負債はそれぞれMYR150.3MとMYR24.5Mです。 Excel Force MSC Berhadの EBIT はMYR5.6Mで、利息カバレッジ比率15です。現金および短期投資はMYR30.8Mです。主要情報10.99%負債資本比率RM 13.82m負債インタレスト・カバレッジ・レシオ15x現金RM 30.79mエクイティRM 125.80m負債合計RM 24.51m総資産RM 150.31m財務の健全性に関する最新情報分析記事 • May 14These 4 Measures Indicate That Excel Force MSC Berhad (KLSE:EFORCE) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...すべての更新を表示Recent updatesBoard Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Executive Chairman Farhash Salvador was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 28Third quarter 2026 earnings released: EPS: RM0.002 (vs RM0.003 in 3Q 2025)Third quarter 2026 results: EPS: RM0.002 (down from RM0.003 in 3Q 2025). Revenue: RM7.13m (up 14% from 3Q 2025). Net income: RM1.10m (down 29% from 3Q 2025). Profit margin: 15% (down from 25% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 26Second quarter 2026 earnings released: EPS: RM0.002 (vs RM0.003 in 2Q 2025)Second quarter 2026 results: EPS: RM0.002 (down from RM0.003 in 2Q 2025). Revenue: RM6.85m (flat on 2Q 2025). Net income: RM1.03m (down 38% from 2Q 2025). Profit margin: 15% (down from 24% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 26% 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 • Feb 13Now 21% overvaluedOver the last 90 days, the stock has fallen 9.1% to RM0.20. The fair value is estimated to be RM0.17, 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 18%.Reported Earnings • Nov 28First quarter 2026 earnings released: EPS: RM0.002 (vs RM0.003 in 1Q 2025)First quarter 2026 results: EPS: RM0.002 (down from RM0.003 in 1Q 2025). Revenue: RM6.96m (down 5.5% from 1Q 2025). Net income: RM1.20m (down 37% from 1Q 2025). Profit margin: 17% (down from 26% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 20% per year.お知らせ • Oct 30Excel Force MSC Berhad, Annual General Meeting, Dec 04, 2025Excel Force MSC Berhad, Annual General Meeting, Dec 04, 2025, at 14:30 Singapore Standard Time. Location: function room 2 & 3, level 1 main lobby, kuala lumpur golf & country club, 10, jalan 1/70d, off jalan bukit kiara, wilayah persekutuan, 60000 kuala lumpur MalaysiaDeclared Dividend • Oct 29Dividend of RM0.005 announcedDividend of RM0.005 is the same as last year. Ex-date: 22nd December 2025 Payment date: 7th January 2026 Dividend yield will be 2.3%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 55% to shift the payout ratio to a potentially unsustainable range, which is more than the 9.6% EPS decline seen over the last 5 years.お知らせ • Oct 28Excel Force MSC Berhad announces Annual dividend, payable on January 07, 2026Excel Force MSC Berhad announced Annual dividend of MYR 0.0050 per share payable on January 07, 2026, ex-date on December 22, 2025 and record date on December 23, 2025.Reported Earnings • Aug 31Full year 2025 earnings released: EPS: RM0.008 (vs RM0.014 in FY 2024)Full year 2025 results: EPS: RM0.008 (down from RM0.014 in FY 2024). Revenue: RM27.4m (down 5.6% from FY 2024). Net income: RM5.08m (down 39% from FY 2024). Profit margin: 19% (down from 28% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.Reported Earnings • May 30Third quarter 2025 earnings released: EPS: RM0.003 (vs RM0.003 in 3Q 2024)Third quarter 2025 results: EPS: RM0.003 (in line with 3Q 2024). Revenue: RM6.28m (down 16% from 3Q 2024). Net income: RM1.54m (down 28% from 3Q 2024). Profit margin: 25% (down from 29% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.分析記事 • May 14These 4 Measures Indicate That Excel Force MSC Berhad (KLSE:EFORCE) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • May 14Excel Force MSC Berhad (KLSE:EFORCE) Stock Rockets 35% As Investors Are Less Pessimistic Than ExpectedExcel Force MSC Berhad ( KLSE:EFORCE ) shares have had a really impressive month, gaining 35% after a shaky period...New Risk • May 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (RM176.9m market cap, or US$41.2m).New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (RM125.0m market cap, or US$27.9m).Reported Earnings • Feb 26Second quarter 2025 earnings released: EPS: RM0.003 (vs RM0.003 in 2Q 2024)Second quarter 2025 results: EPS: RM0.003 (in line with 2Q 2024). Revenue: RM6.83m (down 8.2% from 2Q 2024). Net income: RM1.66m (down 22% from 2Q 2024). Profit margin: 24% (down from 29% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.お知らせ • Dec 06Excel Force MSC Berhad Approves Final Single-Tier Dividend for the Financial Year Ended 30 June 2024Excel Force MSC Berhad approved the payment of a final single-tier dividend of 0.50 sen per ordinary share for the financial year ended 30 June 2024.Reported Earnings • Nov 29First quarter 2025 earnings released: EPS: RM0.003 (vs RM0.002 in 1Q 2024)First quarter 2025 results: EPS: RM0.003 (up from RM0.002 in 1Q 2024). Revenue: RM7.36m (up 17% from 1Q 2024). Net income: RM1.90m (up 74% from 1Q 2024). Profit margin: 26% (up from 17% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 22% per year.Declared Dividend • Oct 26Final dividend of RM0.005 announcedDividend of RM0.005 is the same as last year. Ex-date: 20th December 2024 Payment date: 7th January 2025 Dividend yield will be 3.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.お知らせ • Oct 24Excel Force MSC Berhad, Annual General Meeting, Dec 05, 2024Excel Force MSC Berhad, Annual General Meeting, Dec 05, 2024.分析記事 • Sep 06Concerns Surrounding Excel Force MSC Berhad's (KLSE:EFORCE) PerformanceExcel Force MSC Berhad's ( KLSE:EFORCE ) healthy profit numbers didn't contain any surprises for investors. We think...お知らせ • Sep 05Excel Force Msc Berhad Announces Resignation of Thien Lee Mee as Company SecretaryExcel Force MSC Berhad announced resignation of Thien Lee Mee as Company Secretary, effective 02 September 2024.Reported Earnings • Aug 31Full year 2024 earnings released: EPS: RM0.016 (vs RM0.014 in FY 2023)Full year 2024 results: EPS: RM0.016 (up from RM0.014 in FY 2023). Revenue: RM29.0m (flat on FY 2023). Net income: RM8.92m (up 10% from FY 2023). Profit margin: 31% (up from 28% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 18% per year.分析記事 • Aug 05Here's What To Make Of Excel Force MSC Berhad's (KLSE:EFORCE) Decelerating Rates Of ReturnIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...New Risk • Jun 30New major risk - Revenue and earnings growthRevenue has declined by 16% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 16% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Market cap is less than US$100m (RM219.6m market cap, or US$46.5m).New Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Market cap is less than US$100m (RM237.9m market cap, or US$50.7m).New Risk • Mar 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (127% cash payout ratio). Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Market cap is less than US$100m (RM213.5m market cap, or US$45.0m).分析記事 • Jan 05Excel Force MSC Berhad (KLSE:EFORCE) Has Some Way To Go To Become A Multi-BaggerWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...お知らせ • Dec 05Excel Force MSC Berhad Approves the Payment of Final Single-Tier Dividend for the Financial Period from 1 January 2022 to 30 June 2023Excel Force MSC Berhad announced that at its Annual General Meeting held on December 5, 2023, approved the payment of a final single-tier dividend of 0.50 sen per ordinary share for the financial period from 1 January 2022 to 30 June 2023.お知らせ • Oct 31Excel Force MSC Berhad, Annual General Meeting, Dec 05, 2023Excel Force MSC Berhad, Annual General Meeting, Dec 05, 2023, at 09:30 Singapore Standard Time. Location: Level 43A, MYEG Tower, Empire City No.8, Jalan Damansara, PJU 8 47820 Petaling Jaya Darul Ehsan Selangor Malaysia Agenda: To receive the Audited Financial Statements for the financial period from 1 January 2022 to 30 June 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of a final single-tier dividend of 0.50 sen per ordinary share for the financial period from 1 January 2022 to 30 June 2023; and to consider other matters.New Risk • Sep 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (RM212.6m market cap, or US$45.8m).Reported Earnings • Aug 31Full year 2023 earnings released: EPS: RM0.014 (vs RM0.018 in FY 2022)Full year 2023 results: EPS: RM0.014 (down from RM0.018 in FY 2022). Revenue: RM28.9m (down 17% from FY 2022). Net income: RM8.12m (down 21% from FY 2022). Profit margin: 28% (down from 30% 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 7% per year whereas the company’s share price has fallen by 12% per year.New Risk • Aug 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (RM207.0m market cap, or US$44.6m).分析記事 • Jul 24Capital Allocation Trends At Excel Force MSC Berhad (KLSE:EFORCE) Aren't IdealIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...New Risk • Jun 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (RM243.3m market cap, or US$52.1m).お知らせ • Jun 02Excel Force MSC Berhad Announces Resignation of Mr. Gan Teck Ban as Executive Director Effective June 1, 2023Excel Force MSC Berhad announced resignation of Mr. Gan Teck Ban as Executive Director, 57-year-old male, effective June 1, 2023.Reported Earnings • May 23First quarter 2023 earnings released: EPS: RM0.004 (vs RM0.005 in 1Q 2022)First quarter 2023 results: EPS: RM0.004 (down from RM0.005 in 1Q 2022). Revenue: RM7.03m (down 20% from 1Q 2022). Net income: RM2.16m (down 29% from 1Q 2022). Profit margin: 31% (down from 35% 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 fallen by 13% per year, which means it is performing significantly worse than earnings.Board Change • May 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Elisa Mun-E was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 10+ 1 more updateExcel Force MSC Berhad Announces Appointment of Farhash Wafa Salvador as Executive ChairmanExcel Force MSC Berhad announced appointment of MR FARHASH WAFA SALVADOR as Executive Chairman. Date of change is May 9, 2023. Age is 41. Qualification includes Professional Qualification in Executive Certificate in Public Leadership from Harvard Kennedy School, Harvard University, Master of Science in Finance from University of Portsmouth, United Kingdom and Honours Degree of Bachelor of Arts in Business Administration from University of Portsmouth, United Kingdom. Mr. Farhash Wafa Salvador ("Mr. Farhash") brings with him over more than a decades worth of experience in the field of business, consultancy and advisory. In the business front, his illustrious career spans across a broad range of sectors which includes construction, technology, hotel, food & beverage. He is also a staunch advocate to promoting the development of the Small Medium Enterprise ("SME") industry in the country. Moreover, Mr. Farhash is a multi-talented innovator with five award-winning patents held across the world including the United States, United Kingdom, France, Germany, and China. As testament to Mr. Farhash talents and invaluable contribution to the industry, he was named, amongst the many, Emerging Entrepreneur of the Year in 2020 by the Global Business Leadership Awards, Enterprising Entrepreneur of the Year in 2019 and Technopreneur of the Year in 2018 by SEBA, Malaysia Outstanding National Entrepreneur Bumiputra in Business in 2018, 100th most influential young entrepreneur in 2017 and Bumiputera Entrepreneur Startup Scheme Award by the Bumiputera Agenda Leadership Unit (TERAJU) in 2016. Mr. Farhash is or had been a director and/or shareholder in at least ten (10) private companies which includes Swag Technologies Sdn Bhd, Salvador & Sons Sdn Bhd and Pacific Samudera Sdn Bhd. He was also an Independent Non-Executive Director of Bluemont Group Limited (now known as Southern Archipelago Limited) from 2014 to 2016, a Public Listed Company listed on the Mainboard of the Singapore Exchange ("SGX"). He presently sits in the Board of Advisory of Yayasan Usahawan Malaysia, a non-government organisation that thrives on the frontier of gathering, creating and developing sustainable companies with strong entrepreneurship traits. He is also a Group Executive Chairman of Apex Equity Holdings Berhad, Non-Independent Non-Executive 7-Eleven Malaysia Holdings Berhad, and a Director of Berjaya Construction Berhad.お知らせ • Dec 11Excel Force MSC Berhad, Annual General Meeting, Dec 09, 2022Excel Force MSC Berhad, Annual General Meeting, Dec 09, 2022, at 10:30 Singapore Standard Time. Location: Ekovest Sales Gallery, 3rd Floor, No. 122, Jalan Desa Gombak 1, Jalan Gombak Kaula Lumpur MalaysiaReported Earnings • Dec 03Third quarter 2022 earnings released: EPS: RM0.003 (vs RM0.006 in 3Q 2021)Third quarter 2022 results: EPS: RM0.003 (down from RM0.006 in 3Q 2021). Revenue: RM7.00m (down 30% from 3Q 2021). Net income: RM1.82m (down 50% from 3Q 2021). Profit margin: 26% (down from 36% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: RM0.004 (vs RM0.005 in 2Q 2021)Second quarter 2022 results: EPS: RM0.004 (down from RM0.005 in 2Q 2021). Revenue: RM6.96m (down 21% from 2Q 2021). Net income: RM2.02m (down 31% from 2Q 2021). Profit margin: 29% (down from 33% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Jun 17Excel Force MSC Berhad Appoints Low Ven Sin as Company SecretaryExcel Force MSC Berhad announced appointment of Low Ven Sin as company secretary. Date of change is 16 June 2022.Reported Earnings • May 26First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: RM0.005 (down from RM0.007 in 1Q 2021). Revenue: RM8.76m (down 8.3% from 1Q 2021). Net income: RM3.03m (down 24% from 1Q 2021). Profit margin: 35% (down from 42% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 24Excel Force MSC Berhad Proposes Final Single-Tier Dividend for the Financial Year Ended 31 December 2021The Board of Directors of Excel Force MSC Berhad has proposed a final single-tier dividend of 0.50 sen per ordinary share in respect of the financial year ended 31 December 2021, subject to the approval of EForce's shareholders at the coming Annual General Meeting.Reported Earnings • Feb 23Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: RM0.023 (up from RM0.019 in FY 2020). Revenue: RM37.3m (up 19% from FY 2020). Net income: RM12.6m (up 17% from FY 2020). Profit margin: 34% (in line with FY 2020). Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.分析記事 • Dec 17Excel Force MSC Berhad (KLSE:EFORCE) Is Looking To Continue Growing Its Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Reported Earnings • Nov 26Third quarter 2021 earnings: EPS and revenues miss analyst expectationsThird quarter 2021 results: EPS: RM0.007 (up from RM0.005 in 3Q 2020). Revenue: RM9.94m (up 12% from 3Q 2020). Net income: RM3.62m (up 39% from 3Q 2020). Profit margin: 36% (up from 29% in 3Q 2020). Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Executive Departure • Sep 17Executive Chairman Norraesah binti Haji Mohamad has left the companyOn the 14th of September, Norraesah binti Haji Mohamad's tenure as Executive Chairman ended after 4.6 years in the role. As of June 2021, Norraesah still personally held 460.00k shares (RM253k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.08 years.Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS RM0.005 (vs RM0.005 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: RM8.85m (up 27% from 2Q 2020). Net income: RM2.94m (up 13% from 2Q 2020). Profit margin: 33% (down from 37% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Executive Departure • Jul 15Independent & Non Executive Director Mohaini Binti Yusof has left the companyOn the 8th of July, Mohaini Binti Yusof's tenure as Independent & Non Executive Director ended after 2.1 years in the role. We don't have any record of a personal shareholding under Mohaini Binti's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.92 years.分析記事 • Jun 14Excel Force MSC Berhad (KLSE:EFORCE) Has More To Do To Multiply In Value Going ForwardIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...分析記事 • May 27Calculating The Intrinsic Value Of Excel Force MSC Berhad (KLSE:EFORCE)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Excel Force MSC Berhad...Reported Earnings • May 22First quarter 2021 earnings released: EPS RM0.007 (vs RM0.003 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM9.55m (up 51% from 1Q 2020). Net income: RM4.01m (up 128% from 1Q 2020). Profit margin: 42% (up from 28% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Executive Departure • May 13Company Secretary has left the companyOn the 3rd of May, - Vimalraj's tenure as Company Secretary ended after 2.7 years in the role. We don't have any record of a personal shareholding under -'s name. A total of 2 executives have left over the last 12 months.分析記事 • Mar 15The Returns At Excel Force MSC Berhad (KLSE:EFORCE) Provide Us With Signs Of What's To ComeIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Feb 26Full year 2020 earnings released: EPS RM0.019 (vs RM0.014 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: RM31.4m (up 37% from FY 2019). Net income: RM10.8m (up 67% from FY 2019). Profit margin: 35% (up from 28% 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 2% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 26Revenue and earnings miss expectationsRevenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 15%, compared to a 35% growth forecast for the Software industry in Malaysia.分析記事 • Feb 25Do Excel Force MSC Berhad's (KLSE:EFORCE) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Feb 07How Much Did Excel Force MSC Berhad's(KLSE:EFORCE) Shareholders Earn From Share Price Movements Over The Last Three Years?If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But...分析記事 • Jan 17Does The Market Have A Low Tolerance For Excel Force MSC Berhad's (KLSE:EFORCE) Mixed Fundamentals?It is hard to get excited after looking at Excel Force MSC Berhad's (KLSE:EFORCE) recent performance, when its stock...Is New 90 Day High Low • Jan 11New 90-day low: RM0.42The company is down 6.0% from its price of RM0.45 on 13 October 2020. The Malaysian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 8.0% over the same period.分析記事 • Dec 27What Is Excel Force MSC Berhad's (KLSE:EFORCE) Share Price Doing?While Excel Force MSC Berhad ( KLSE:EFORCE ) might not be the most widely known stock at the moment, it saw significant...分析記事 • Dec 06Here's What To Make Of Excel Force MSC Berhad's (KLSE:EFORCE) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Nov 25Third quarter 2020 earnings released: EPS RM0.005The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: RM8.89m (up 58% from 3Q 2019). Net income: RM2.61m (up 68% from 3Q 2019). Profit margin: 29% (up from 28% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Oct 06New 90-day low: RM0.43The company is down 6.0% from its price of RM0.47 on 08 July 2020. The Malaysian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 10.0% over the same period.財務状況分析短期負債: EFORCEの 短期資産 ( MYR80.7M ) が 短期負債 ( MYR9.0M ) を超えています。長期負債: EFORCEの短期資産 ( MYR80.7M ) が 長期負債 ( MYR15.5M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: EFORCE総負債よりも多くの現金を保有しています。負債の削減: EFORCEの負債対資本比率は、過去 5 年間で0%から11%に増加しました。債務返済能力: EFORCEの負債は 営業キャッシュフロー によって 十分にカバー されています ( 82% )。インタレストカバレッジ: EFORCEの負債に対する 利息支払い は EBIT ( 15 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/25 03:03終値2026/06/25 00:00収益2026/03/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Excel Force MSC Berhad 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • May 14These 4 Measures Indicate That Excel Force MSC Berhad (KLSE:EFORCE) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Executive Chairman Farhash Salvador was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 28Third quarter 2026 earnings released: EPS: RM0.002 (vs RM0.003 in 3Q 2025)Third quarter 2026 results: EPS: RM0.002 (down from RM0.003 in 3Q 2025). Revenue: RM7.13m (up 14% from 3Q 2025). Net income: RM1.10m (down 29% from 3Q 2025). Profit margin: 15% (down from 25% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 26Second quarter 2026 earnings released: EPS: RM0.002 (vs RM0.003 in 2Q 2025)Second quarter 2026 results: EPS: RM0.002 (down from RM0.003 in 2Q 2025). Revenue: RM6.85m (flat on 2Q 2025). Net income: RM1.03m (down 38% from 2Q 2025). Profit margin: 15% (down from 24% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 26% 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 • Feb 13Now 21% overvaluedOver the last 90 days, the stock has fallen 9.1% to RM0.20. The fair value is estimated to be RM0.17, 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 18%.
Reported Earnings • Nov 28First quarter 2026 earnings released: EPS: RM0.002 (vs RM0.003 in 1Q 2025)First quarter 2026 results: EPS: RM0.002 (down from RM0.003 in 1Q 2025). Revenue: RM6.96m (down 5.5% from 1Q 2025). Net income: RM1.20m (down 37% from 1Q 2025). Profit margin: 17% (down from 26% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 20% per year.
お知らせ • Oct 30Excel Force MSC Berhad, Annual General Meeting, Dec 04, 2025Excel Force MSC Berhad, Annual General Meeting, Dec 04, 2025, at 14:30 Singapore Standard Time. Location: function room 2 & 3, level 1 main lobby, kuala lumpur golf & country club, 10, jalan 1/70d, off jalan bukit kiara, wilayah persekutuan, 60000 kuala lumpur Malaysia
Declared Dividend • Oct 29Dividend of RM0.005 announcedDividend of RM0.005 is the same as last year. Ex-date: 22nd December 2025 Payment date: 7th January 2026 Dividend yield will be 2.3%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 55% to shift the payout ratio to a potentially unsustainable range, which is more than the 9.6% EPS decline seen over the last 5 years.
お知らせ • Oct 28Excel Force MSC Berhad announces Annual dividend, payable on January 07, 2026Excel Force MSC Berhad announced Annual dividend of MYR 0.0050 per share payable on January 07, 2026, ex-date on December 22, 2025 and record date on December 23, 2025.
Reported Earnings • Aug 31Full year 2025 earnings released: EPS: RM0.008 (vs RM0.014 in FY 2024)Full year 2025 results: EPS: RM0.008 (down from RM0.014 in FY 2024). Revenue: RM27.4m (down 5.6% from FY 2024). Net income: RM5.08m (down 39% from FY 2024). Profit margin: 19% (down from 28% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.
Reported Earnings • May 30Third quarter 2025 earnings released: EPS: RM0.003 (vs RM0.003 in 3Q 2024)Third quarter 2025 results: EPS: RM0.003 (in line with 3Q 2024). Revenue: RM6.28m (down 16% from 3Q 2024). Net income: RM1.54m (down 28% from 3Q 2024). Profit margin: 25% (down from 29% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
分析記事 • May 14These 4 Measures Indicate That Excel Force MSC Berhad (KLSE:EFORCE) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • May 14Excel Force MSC Berhad (KLSE:EFORCE) Stock Rockets 35% As Investors Are Less Pessimistic Than ExpectedExcel Force MSC Berhad ( KLSE:EFORCE ) shares have had a really impressive month, gaining 35% after a shaky period...
New Risk • May 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (RM176.9m market cap, or US$41.2m).
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (RM125.0m market cap, or US$27.9m).
Reported Earnings • Feb 26Second quarter 2025 earnings released: EPS: RM0.003 (vs RM0.003 in 2Q 2024)Second quarter 2025 results: EPS: RM0.003 (in line with 2Q 2024). Revenue: RM6.83m (down 8.2% from 2Q 2024). Net income: RM1.66m (down 22% from 2Q 2024). Profit margin: 24% (down from 29% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
お知らせ • Dec 06Excel Force MSC Berhad Approves Final Single-Tier Dividend for the Financial Year Ended 30 June 2024Excel Force MSC Berhad approved the payment of a final single-tier dividend of 0.50 sen per ordinary share for the financial year ended 30 June 2024.
Reported Earnings • Nov 29First quarter 2025 earnings released: EPS: RM0.003 (vs RM0.002 in 1Q 2024)First quarter 2025 results: EPS: RM0.003 (up from RM0.002 in 1Q 2024). Revenue: RM7.36m (up 17% from 1Q 2024). Net income: RM1.90m (up 74% from 1Q 2024). Profit margin: 26% (up from 17% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 22% per year.
Declared Dividend • Oct 26Final dividend of RM0.005 announcedDividend of RM0.005 is the same as last year. Ex-date: 20th December 2024 Payment date: 7th January 2025 Dividend yield will be 3.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
お知らせ • Oct 24Excel Force MSC Berhad, Annual General Meeting, Dec 05, 2024Excel Force MSC Berhad, Annual General Meeting, Dec 05, 2024.
分析記事 • Sep 06Concerns Surrounding Excel Force MSC Berhad's (KLSE:EFORCE) PerformanceExcel Force MSC Berhad's ( KLSE:EFORCE ) healthy profit numbers didn't contain any surprises for investors. We think...
お知らせ • Sep 05Excel Force Msc Berhad Announces Resignation of Thien Lee Mee as Company SecretaryExcel Force MSC Berhad announced resignation of Thien Lee Mee as Company Secretary, effective 02 September 2024.
Reported Earnings • Aug 31Full year 2024 earnings released: EPS: RM0.016 (vs RM0.014 in FY 2023)Full year 2024 results: EPS: RM0.016 (up from RM0.014 in FY 2023). Revenue: RM29.0m (flat on FY 2023). Net income: RM8.92m (up 10% from FY 2023). Profit margin: 31% (up from 28% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 18% per year.
分析記事 • Aug 05Here's What To Make Of Excel Force MSC Berhad's (KLSE:EFORCE) Decelerating Rates Of ReturnIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
New Risk • Jun 30New major risk - Revenue and earnings growthRevenue has declined by 16% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 16% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Market cap is less than US$100m (RM219.6m market cap, or US$46.5m).
New Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Market cap is less than US$100m (RM237.9m market cap, or US$50.7m).
New Risk • Mar 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (127% cash payout ratio). Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Market cap is less than US$100m (RM213.5m market cap, or US$45.0m).
分析記事 • Jan 05Excel Force MSC Berhad (KLSE:EFORCE) Has Some Way To Go To Become A Multi-BaggerWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
お知らせ • Dec 05Excel Force MSC Berhad Approves the Payment of Final Single-Tier Dividend for the Financial Period from 1 January 2022 to 30 June 2023Excel Force MSC Berhad announced that at its Annual General Meeting held on December 5, 2023, approved the payment of a final single-tier dividend of 0.50 sen per ordinary share for the financial period from 1 January 2022 to 30 June 2023.
お知らせ • Oct 31Excel Force MSC Berhad, Annual General Meeting, Dec 05, 2023Excel Force MSC Berhad, Annual General Meeting, Dec 05, 2023, at 09:30 Singapore Standard Time. Location: Level 43A, MYEG Tower, Empire City No.8, Jalan Damansara, PJU 8 47820 Petaling Jaya Darul Ehsan Selangor Malaysia Agenda: To receive the Audited Financial Statements for the financial period from 1 January 2022 to 30 June 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of a final single-tier dividend of 0.50 sen per ordinary share for the financial period from 1 January 2022 to 30 June 2023; and to consider other matters.
New Risk • Sep 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (RM212.6m market cap, or US$45.8m).
Reported Earnings • Aug 31Full year 2023 earnings released: EPS: RM0.014 (vs RM0.018 in FY 2022)Full year 2023 results: EPS: RM0.014 (down from RM0.018 in FY 2022). Revenue: RM28.9m (down 17% from FY 2022). Net income: RM8.12m (down 21% from FY 2022). Profit margin: 28% (down from 30% 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 7% per year whereas the company’s share price has fallen by 12% per year.
New Risk • Aug 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (RM207.0m market cap, or US$44.6m).
分析記事 • Jul 24Capital Allocation Trends At Excel Force MSC Berhad (KLSE:EFORCE) Aren't IdealIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
New Risk • Jun 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (95% cash payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (RM243.3m market cap, or US$52.1m).
お知らせ • Jun 02Excel Force MSC Berhad Announces Resignation of Mr. Gan Teck Ban as Executive Director Effective June 1, 2023Excel Force MSC Berhad announced resignation of Mr. Gan Teck Ban as Executive Director, 57-year-old male, effective June 1, 2023.
Reported Earnings • May 23First quarter 2023 earnings released: EPS: RM0.004 (vs RM0.005 in 1Q 2022)First quarter 2023 results: EPS: RM0.004 (down from RM0.005 in 1Q 2022). Revenue: RM7.03m (down 20% from 1Q 2022). Net income: RM2.16m (down 29% from 1Q 2022). Profit margin: 31% (down from 35% 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 fallen by 13% per year, which means it is performing significantly worse than earnings.
Board Change • May 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Elisa Mun-E was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 10+ 1 more updateExcel Force MSC Berhad Announces Appointment of Farhash Wafa Salvador as Executive ChairmanExcel Force MSC Berhad announced appointment of MR FARHASH WAFA SALVADOR as Executive Chairman. Date of change is May 9, 2023. Age is 41. Qualification includes Professional Qualification in Executive Certificate in Public Leadership from Harvard Kennedy School, Harvard University, Master of Science in Finance from University of Portsmouth, United Kingdom and Honours Degree of Bachelor of Arts in Business Administration from University of Portsmouth, United Kingdom. Mr. Farhash Wafa Salvador ("Mr. Farhash") brings with him over more than a decades worth of experience in the field of business, consultancy and advisory. In the business front, his illustrious career spans across a broad range of sectors which includes construction, technology, hotel, food & beverage. He is also a staunch advocate to promoting the development of the Small Medium Enterprise ("SME") industry in the country. Moreover, Mr. Farhash is a multi-talented innovator with five award-winning patents held across the world including the United States, United Kingdom, France, Germany, and China. As testament to Mr. Farhash talents and invaluable contribution to the industry, he was named, amongst the many, Emerging Entrepreneur of the Year in 2020 by the Global Business Leadership Awards, Enterprising Entrepreneur of the Year in 2019 and Technopreneur of the Year in 2018 by SEBA, Malaysia Outstanding National Entrepreneur Bumiputra in Business in 2018, 100th most influential young entrepreneur in 2017 and Bumiputera Entrepreneur Startup Scheme Award by the Bumiputera Agenda Leadership Unit (TERAJU) in 2016. Mr. Farhash is or had been a director and/or shareholder in at least ten (10) private companies which includes Swag Technologies Sdn Bhd, Salvador & Sons Sdn Bhd and Pacific Samudera Sdn Bhd. He was also an Independent Non-Executive Director of Bluemont Group Limited (now known as Southern Archipelago Limited) from 2014 to 2016, a Public Listed Company listed on the Mainboard of the Singapore Exchange ("SGX"). He presently sits in the Board of Advisory of Yayasan Usahawan Malaysia, a non-government organisation that thrives on the frontier of gathering, creating and developing sustainable companies with strong entrepreneurship traits. He is also a Group Executive Chairman of Apex Equity Holdings Berhad, Non-Independent Non-Executive 7-Eleven Malaysia Holdings Berhad, and a Director of Berjaya Construction Berhad.
お知らせ • Dec 11Excel Force MSC Berhad, Annual General Meeting, Dec 09, 2022Excel Force MSC Berhad, Annual General Meeting, Dec 09, 2022, at 10:30 Singapore Standard Time. Location: Ekovest Sales Gallery, 3rd Floor, No. 122, Jalan Desa Gombak 1, Jalan Gombak Kaula Lumpur Malaysia
Reported Earnings • Dec 03Third quarter 2022 earnings released: EPS: RM0.003 (vs RM0.006 in 3Q 2021)Third quarter 2022 results: EPS: RM0.003 (down from RM0.006 in 3Q 2021). Revenue: RM7.00m (down 30% from 3Q 2021). Net income: RM1.82m (down 50% from 3Q 2021). Profit margin: 26% (down from 36% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: RM0.004 (vs RM0.005 in 2Q 2021)Second quarter 2022 results: EPS: RM0.004 (down from RM0.005 in 2Q 2021). Revenue: RM6.96m (down 21% from 2Q 2021). Net income: RM2.02m (down 31% from 2Q 2021). Profit margin: 29% (down from 33% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Jun 17Excel Force MSC Berhad Appoints Low Ven Sin as Company SecretaryExcel Force MSC Berhad announced appointment of Low Ven Sin as company secretary. Date of change is 16 June 2022.
Reported Earnings • May 26First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: RM0.005 (down from RM0.007 in 1Q 2021). Revenue: RM8.76m (down 8.3% from 1Q 2021). Net income: RM3.03m (down 24% from 1Q 2021). Profit margin: 35% (down from 42% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 24Excel Force MSC Berhad Proposes Final Single-Tier Dividend for the Financial Year Ended 31 December 2021The Board of Directors of Excel Force MSC Berhad has proposed a final single-tier dividend of 0.50 sen per ordinary share in respect of the financial year ended 31 December 2021, subject to the approval of EForce's shareholders at the coming Annual General Meeting.
Reported Earnings • Feb 23Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: RM0.023 (up from RM0.019 in FY 2020). Revenue: RM37.3m (up 19% from FY 2020). Net income: RM12.6m (up 17% from FY 2020). Profit margin: 34% (in line with FY 2020). Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
分析記事 • Dec 17Excel Force MSC Berhad (KLSE:EFORCE) Is Looking To Continue Growing Its Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Reported Earnings • Nov 26Third quarter 2021 earnings: EPS and revenues miss analyst expectationsThird quarter 2021 results: EPS: RM0.007 (up from RM0.005 in 3Q 2020). Revenue: RM9.94m (up 12% from 3Q 2020). Net income: RM3.62m (up 39% from 3Q 2020). Profit margin: 36% (up from 29% in 3Q 2020). Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Executive Departure • Sep 17Executive Chairman Norraesah binti Haji Mohamad has left the companyOn the 14th of September, Norraesah binti Haji Mohamad's tenure as Executive Chairman ended after 4.6 years in the role. As of June 2021, Norraesah still personally held 460.00k shares (RM253k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.08 years.
Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS RM0.005 (vs RM0.005 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: RM8.85m (up 27% from 2Q 2020). Net income: RM2.94m (up 13% from 2Q 2020). Profit margin: 33% (down from 37% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Executive Departure • Jul 15Independent & Non Executive Director Mohaini Binti Yusof has left the companyOn the 8th of July, Mohaini Binti Yusof's tenure as Independent & Non Executive Director ended after 2.1 years in the role. We don't have any record of a personal shareholding under Mohaini Binti's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.92 years.
分析記事 • Jun 14Excel Force MSC Berhad (KLSE:EFORCE) Has More To Do To Multiply In Value Going ForwardIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
分析記事 • May 27Calculating The Intrinsic Value Of Excel Force MSC Berhad (KLSE:EFORCE)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Excel Force MSC Berhad...
Reported Earnings • May 22First quarter 2021 earnings released: EPS RM0.007 (vs RM0.003 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM9.55m (up 51% from 1Q 2020). Net income: RM4.01m (up 128% from 1Q 2020). Profit margin: 42% (up from 28% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Executive Departure • May 13Company Secretary has left the companyOn the 3rd of May, - Vimalraj's tenure as Company Secretary ended after 2.7 years in the role. We don't have any record of a personal shareholding under -'s name. A total of 2 executives have left over the last 12 months.
分析記事 • Mar 15The Returns At Excel Force MSC Berhad (KLSE:EFORCE) Provide Us With Signs Of What's To ComeIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Feb 26Full year 2020 earnings released: EPS RM0.019 (vs RM0.014 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: RM31.4m (up 37% from FY 2019). Net income: RM10.8m (up 67% from FY 2019). Profit margin: 35% (up from 28% 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 2% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 26Revenue and earnings miss expectationsRevenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 15%, compared to a 35% growth forecast for the Software industry in Malaysia.
分析記事 • Feb 25Do Excel Force MSC Berhad's (KLSE:EFORCE) Earnings Warrant Your Attention?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Feb 07How Much Did Excel Force MSC Berhad's(KLSE:EFORCE) Shareholders Earn From Share Price Movements Over The Last Three Years?If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But...
分析記事 • Jan 17Does The Market Have A Low Tolerance For Excel Force MSC Berhad's (KLSE:EFORCE) Mixed Fundamentals?It is hard to get excited after looking at Excel Force MSC Berhad's (KLSE:EFORCE) recent performance, when its stock...
Is New 90 Day High Low • Jan 11New 90-day low: RM0.42The company is down 6.0% from its price of RM0.45 on 13 October 2020. The Malaysian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 8.0% over the same period.
分析記事 • Dec 27What Is Excel Force MSC Berhad's (KLSE:EFORCE) Share Price Doing?While Excel Force MSC Berhad ( KLSE:EFORCE ) might not be the most widely known stock at the moment, it saw significant...
分析記事 • Dec 06Here's What To Make Of Excel Force MSC Berhad's (KLSE:EFORCE) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Nov 25Third quarter 2020 earnings released: EPS RM0.005The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: RM8.89m (up 58% from 3Q 2019). Net income: RM2.61m (up 68% from 3Q 2019). Profit margin: 29% (up from 28% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Oct 06New 90-day low: RM0.43The company is down 6.0% from its price of RM0.47 on 08 July 2020. The Malaysian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 10.0% over the same period.