VETECE Holdings Berhad（VTC）株式概要投資持株会社であるVETECE Holdings Berhadは、マレーシア、シンガポール、香港で企業向けITソリューションを提供している。 詳細VTC ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績4/6財務の健全性6/6配当金3/6報酬当社が推定した公正価値より73.4%で取引されている 過去1年間で収益は135.9%増加しました リスク分析過去5年間で収益は年間5.3%減少しました。 6.8%の配当はフリーキャッシュフローで十分にカバーされていない 意味のある時価総額がありません ( MYR98M )すべてのリスクチェックを見るVTC Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueRM Current PriceRM 0.2578.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture037m2016201920222025202620282031Revenue RM 26.4mEarnings RM 3.4mAdvancedSet Fair ValueView all narrativesVETECE Holdings Berhad 競合他社TechStore BerhadSymbol: KLSE:TECHSTOREMarket cap: RM 115.0mMesiniaga BerhadSymbol: KLSE:MSNIAGAMarket cap: RM 77.3mMMAG Holdings BerhadSymbol: KLSE:MMAGMarket cap: RM 69.6mEdaran BerhadSymbol: KLSE:EDARANMarket cap: RM 69.5m価格と性能株価の高値、安値、推移の概要VETECE Holdings Berhad過去の株価現在の株価RM 0.2552週高値RM 0.3252週安値RM 0.18ベータ01ヶ月の変化31.58%3ヶ月変化11.11%1年変化-12.28%3年間の変化n/a5年間の変化n/aIPOからの変化-38.27%最新ニュースReported Earnings • May 05Second quarter 2026 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2025)Second quarter 2026 results: EPS: RM0.003 (up from RM0.002 in 2Q 2025). Revenue: RM11.0m (up 81% from 2Q 2025). Net income: RM1.04m (up 20% from 2Q 2025). Profit margin: 9.4% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses.Reported Earnings • Jan 31First quarter 2026 earnings released: EPS: RM0.003 (vs RM0.005 loss in 1Q 2025)First quarter 2026 results: EPS: RM0.003 (up from RM0.005 loss in 1Q 2025). Revenue: RM5.05m (up 26% from 1Q 2025). Net income: RM1.13m (up RM3.28m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses.分析記事 • Jan 07VETECE Holdings Berhad (KLSE:VTC) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Dec 22VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026, at 10:00 Singapore Standard Time. Location: kuala lumpur golf & country club (klgcc), 10, jalan 1/70d, off jalan bukit kiara, 60000 kuala lumpur, MalaysiaNew Risk • Dec 12New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 7.1% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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 Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (RM90.2m market cap, or US$22.0m).New Risk • Nov 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (RM101.9m market cap, or US$24.6m).最新情報をもっと見るRecent updatesReported Earnings • May 05Second quarter 2026 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2025)Second quarter 2026 results: EPS: RM0.003 (up from RM0.002 in 2Q 2025). Revenue: RM11.0m (up 81% from 2Q 2025). Net income: RM1.04m (up 20% from 2Q 2025). Profit margin: 9.4% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses.Reported Earnings • Jan 31First quarter 2026 earnings released: EPS: RM0.003 (vs RM0.005 loss in 1Q 2025)First quarter 2026 results: EPS: RM0.003 (up from RM0.005 loss in 1Q 2025). Revenue: RM5.05m (up 26% from 1Q 2025). Net income: RM1.13m (up RM3.28m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses.分析記事 • Jan 07VETECE Holdings Berhad (KLSE:VTC) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Dec 22VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026, at 10:00 Singapore Standard Time. Location: kuala lumpur golf & country club (klgcc), 10, jalan 1/70d, off jalan bukit kiara, 60000 kuala lumpur, MalaysiaNew Risk • Dec 12New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 7.1% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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 Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (RM90.2m market cap, or US$22.0m).New Risk • Nov 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (RM101.9m market cap, or US$24.6m).分析記事 • Nov 05VETECE Holdings Berhad's (KLSE:VTC) Solid Earnings Are Supported By Other Strong FactorsThe subdued stock price reaction suggests that VETECE Holdings Berhad's ( KLSE:VTC ) strong earnings didn't offer any...Reported Earnings • Oct 31Full year 2025 earnings released: EPS: RM0.011 (vs RM0.018 in FY 2024)Full year 2025 results: EPS: RM0.011. Revenue: RM46.3m (up 138% from FY 2024). Net income: RM4.22m (up 301% from FY 2024). Profit margin: 9.1% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue.分析記事 • Aug 26VETECE Holdings Berhad (KLSE:VTC) Looks Just Right With A 30% Price JumpVETECE Holdings Berhad ( KLSE:VTC ) shareholders would be excited to see that the share price has had a great month...New Risk • Jul 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (RM88.2m market cap, or US$20.7m).New Risk • Jul 12New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2024. 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: Major Risk Revenue has declined by 16% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported August 2024 fiscal period end). Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.6m). Market cap is less than US$100m (RM92.1m market cap, or US$21.7m).New Risk • Jun 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 16% over the past year. Minor Risks Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.6m). Market cap is less than US$100m (RM98.0m market cap, or US$23.1m).分析記事 • May 30Calculating The Fair Value Of VETECE Holdings Berhad (KLSE:VTC)Key Insights VETECE Holdings Berhad's estimated fair value is RM0.24 based on 2 Stage Free Cash Flow to Equity With...Buy Or Sell Opportunity • May 02Now 23% overvaluedOver the last 90 days, the stock has fallen 29% to RM0.30. The fair value is estimated to be RM0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.Reported Earnings • Dec 29Full year 2024 earnings released: EPS: RM0.018 (vs RM3.24 in FY 2023)Full year 2024 results: EPS: RM0.018 (down from RM3.24 in FY 2023). Revenue: RM19.4m (down 16% from FY 2023). Net income: RM1.05m (down 84% from FY 2023). Profit margin: 5.4% (down from 28% in FY 2023). The decrease in margin was primarily driven by lower revenue.お知らせ • Dec 24VETECE Holdings Berhad, Annual General Meeting, Feb 19, 2025VETECE Holdings Berhad, Annual General Meeting, Feb 19, 2025, at 10:00 Singapore Standard Time. Location: zenith, level m1, the vertical connexion conference, & event centre, (ccec), no. 8, jalan kerinchi, bangsar south, 59200 kuala lumpur, MalaysiaBuy Or Sell Opportunity • Nov 06Now 32% overvaluedThe stock has been flat over the last 90 days, currently trading at RM0.47. The fair value is estimated to be RM0.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.New Risk • Oct 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue has declined by 16% over the past year. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.0% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.5m). Market cap is less than US$100m (RM150.9m market cap, or US$34.8m).Reported Earnings • Oct 25Full year 2024 earnings released: EPS: RM0.003 (vs RM3.24 in FY 2023)Full year 2024 results: EPS: RM0.003 (down from RM3.24 in FY 2023). Revenue: RM19.4m (down 16% from FY 2023). Net income: RM1.16m (down 82% from FY 2023). Profit margin: 6.0% (down from 28% in FY 2023). The decrease in margin was primarily driven by lower revenue.New Risk • Sep 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 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: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported August 2023 fiscal period end). Market cap is less than US$100m (RM147.0m market cap, or US$35.6m).Board Change • Aug 29High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Wai Chan is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.株主還元VTCMY ITMY 市場7D2.0%-2.1%-1.8%1Y-12.3%-31.3%10.8%株主還元を見る業界別リターン: VTC過去 1 年間で-31.3 % の収益を上げたMY IT業界を上回りました。リターン対市場: VTCは、過去 1 年間で10.8 % のリターンを上げたMY市場を下回りました。価格変動Is VTC's price volatile compared to industry and market?VTC volatilityVTC Average Weekly Movement8.2%IT Industry Average Movement8.0%Market Average Movement5.9%10% most volatile stocks in MY Market12.3%10% least volatile stocks in MY Market2.8%安定した株価: VTC 、 MY市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: VTCの 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2003n/aWai Chanwww.vtcholding.com投資持株会社であるVETECE Holdings Berhadは、マレーシア、シンガポール、香港で企業向けITソリューションを提供している。インプリメンテーション・サービス、メンテナンス、サポート、プロフェッショナル・サービス、ハードウェアとソフトウェアの再販を通じて事業を展開している。企業向けアプリケーション統合、CRM/RP/HCMソリューション、データ管理・分析、人工知能、ソフトウェア・テスト、クラウド・ソリューション、企業向けデータエンジニアリング・ソリューションを提供している。また、ITコンサルティングやアウトソーシング、コンピューターソフトウェアの開発にも取り組んでいる。電気通信、金融サービス、テクノロジー、製造、高等教育、流通、公共事業など様々な業界にサービスを提供している。VETECEホールディングスは2003年に設立され、マレーシアのクアラルンプールに本社を置いている。もっと見るVETECE Holdings Berhad 基礎のまとめVETECE Holdings Berhad の収益と売上を時価総額と比較するとどうか。VTC 基礎統計学時価総額RM 98.00m収益（TTM）RM 3.44m売上高(TTM)RM 26.43m28.5xPER（株価収益率3.7xP/SレシオVTC は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計VTC 損益計算書（TTM）収益RM 26.43m売上原価RM 19.82m売上総利益RM 6.62mその他の費用RM 3.18m収益RM 3.44m直近の収益報告Feb 28, 2026次回決算日該当なし一株当たり利益（EPS）0.0088グロス・マージン25.02%純利益率13.01%有利子負債／自己資本比率0%VTC の長期的なパフォーマンスは？過去の実績と比較を見る配当金6.8%現在の配当利回り86%配当性向View Valuation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2026/05/22 15:17終値2026/05/22 00:00収益2026/02/28年間収益2025/08/31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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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VETECE Holdings 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
Reported Earnings • May 05Second quarter 2026 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2025)Second quarter 2026 results: EPS: RM0.003 (up from RM0.002 in 2Q 2025). Revenue: RM11.0m (up 81% from 2Q 2025). Net income: RM1.04m (up 20% from 2Q 2025). Profit margin: 9.4% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses.
Reported Earnings • Jan 31First quarter 2026 earnings released: EPS: RM0.003 (vs RM0.005 loss in 1Q 2025)First quarter 2026 results: EPS: RM0.003 (up from RM0.005 loss in 1Q 2025). Revenue: RM5.05m (up 26% from 1Q 2025). Net income: RM1.13m (up RM3.28m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses.
分析記事 • Jan 07VETECE Holdings Berhad (KLSE:VTC) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Dec 22VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026, at 10:00 Singapore Standard Time. Location: kuala lumpur golf & country club (klgcc), 10, jalan 1/70d, off jalan bukit kiara, 60000 kuala lumpur, Malaysia
New Risk • Dec 12New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 7.1% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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 Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (RM90.2m market cap, or US$22.0m).
New Risk • Nov 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (RM101.9m market cap, or US$24.6m).
Reported Earnings • May 05Second quarter 2026 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2025)Second quarter 2026 results: EPS: RM0.003 (up from RM0.002 in 2Q 2025). Revenue: RM11.0m (up 81% from 2Q 2025). Net income: RM1.04m (up 20% from 2Q 2025). Profit margin: 9.4% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses.
Reported Earnings • Jan 31First quarter 2026 earnings released: EPS: RM0.003 (vs RM0.005 loss in 1Q 2025)First quarter 2026 results: EPS: RM0.003 (up from RM0.005 loss in 1Q 2025). Revenue: RM5.05m (up 26% from 1Q 2025). Net income: RM1.13m (up RM3.28m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses.
分析記事 • Jan 07VETECE Holdings Berhad (KLSE:VTC) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Dec 22VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026VETECE Holdings Berhad, Annual General Meeting, Jan 29, 2026, at 10:00 Singapore Standard Time. Location: kuala lumpur golf & country club (klgcc), 10, jalan 1/70d, off jalan bukit kiara, 60000 kuala lumpur, Malaysia
New Risk • Dec 12New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 7.1% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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 Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (RM90.2m market cap, or US$22.0m).
New Risk • Nov 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 9.4% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (RM101.9m market cap, or US$24.6m).
分析記事 • Nov 05VETECE Holdings Berhad's (KLSE:VTC) Solid Earnings Are Supported By Other Strong FactorsThe subdued stock price reaction suggests that VETECE Holdings Berhad's ( KLSE:VTC ) strong earnings didn't offer any...
Reported Earnings • Oct 31Full year 2025 earnings released: EPS: RM0.011 (vs RM0.018 in FY 2024)Full year 2025 results: EPS: RM0.011. Revenue: RM46.3m (up 138% from FY 2024). Net income: RM4.22m (up 301% from FY 2024). Profit margin: 9.1% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue.
分析記事 • Aug 26VETECE Holdings Berhad (KLSE:VTC) Looks Just Right With A 30% Price JumpVETECE Holdings Berhad ( KLSE:VTC ) shareholders would be excited to see that the share price has had a great month...
New Risk • Jul 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (RM88.2m market cap, or US$20.7m).
New Risk • Jul 12New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2024. 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: Major Risk Revenue has declined by 16% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported August 2024 fiscal period end). Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.6m). Market cap is less than US$100m (RM92.1m market cap, or US$21.7m).
New Risk • Jun 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 16% over the past year. Minor Risks Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.6m). Market cap is less than US$100m (RM98.0m market cap, or US$23.1m).
分析記事 • May 30Calculating The Fair Value Of VETECE Holdings Berhad (KLSE:VTC)Key Insights VETECE Holdings Berhad's estimated fair value is RM0.24 based on 2 Stage Free Cash Flow to Equity With...
Buy Or Sell Opportunity • May 02Now 23% overvaluedOver the last 90 days, the stock has fallen 29% to RM0.30. The fair value is estimated to be RM0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.
Reported Earnings • Dec 29Full year 2024 earnings released: EPS: RM0.018 (vs RM3.24 in FY 2023)Full year 2024 results: EPS: RM0.018 (down from RM3.24 in FY 2023). Revenue: RM19.4m (down 16% from FY 2023). Net income: RM1.05m (down 84% from FY 2023). Profit margin: 5.4% (down from 28% in FY 2023). The decrease in margin was primarily driven by lower revenue.
お知らせ • Dec 24VETECE Holdings Berhad, Annual General Meeting, Feb 19, 2025VETECE Holdings Berhad, Annual General Meeting, Feb 19, 2025, at 10:00 Singapore Standard Time. Location: zenith, level m1, the vertical connexion conference, & event centre, (ccec), no. 8, jalan kerinchi, bangsar south, 59200 kuala lumpur, Malaysia
Buy Or Sell Opportunity • Nov 06Now 32% overvaluedThe stock has been flat over the last 90 days, currently trading at RM0.47. The fair value is estimated to be RM0.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%.
New Risk • Oct 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue has declined by 16% over the past year. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.0% net profit margin). Revenue is less than US$5m (RM19m revenue, or US$4.5m). Market cap is less than US$100m (RM150.9m market cap, or US$34.8m).
Reported Earnings • Oct 25Full year 2024 earnings released: EPS: RM0.003 (vs RM3.24 in FY 2023)Full year 2024 results: EPS: RM0.003 (down from RM3.24 in FY 2023). Revenue: RM19.4m (down 16% from FY 2023). Net income: RM1.16m (down 82% from FY 2023). Profit margin: 6.0% (down from 28% in FY 2023). The decrease in margin was primarily driven by lower revenue.
New Risk • Sep 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 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: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported August 2023 fiscal period end). Market cap is less than US$100m (RM147.0m market cap, or US$35.6m).
Board Change • Aug 29High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Wai Chan is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
