NationGate Holdings Berhad（NATGATE）株式概要投資持株会社であるNationGate Holdings Berhadは、マレーシア国内および国際的に電子機器製造サービスを提供している。 詳細NATGATE ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長1/6過去の実績1/6財務の健全性5/6配当金2/6報酬当社が推定した公正価値より1.3%で取引されている 収益は年間7.22%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析高いレベルの非現金収入 2.61%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 利益率(1.6%)は昨年より低い(3%) MY市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見るNATGATE Community Fair Values Create NarrativeSee what 38 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueRM Current PriceRM 0.77139.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture08b2016201920222025202620282031Revenue RM 5.5bEarnings RM 90.6mAdvancedSet Fair ValueView all narrativesNationGate Holdings Berhad 競合他社Aurelius Technologies BerhadSymbol: KLSE:ATECHMarket cap: RM 969.0mUchi Technologies BerhadSymbol: KLSE:UCHITECMarket cap: RM 1.3bTHMY Holdings BerhadSymbol: KLSE:THMYMarket cap: RM 1.2bGlobaltec Formation BerhadSymbol: KLSE:GLOTECMarket cap: RM 234.1m価格と性能株価の高値、安値、推移の概要NationGate Holdings Berhad過去の株価現在の株価RM 0.7752週高値RM 1.8052週安値RM 0.57ベータ0.601ヶ月の変化-3.16%3ヶ月変化-25.00%1年変化-51.27%3年間の変化-36.78%5年間の変化n/aIPOからの変化-23.50%最新ニュース分析記事 • May 11Weak Statutory Earnings May Not Tell The Whole Story For NationGate Holdings Berhad (KLSE:NATGATE)The subdued market reaction suggests that NationGate Holdings Berhad's ( KLSE:NATGATE ) recent earnings didn't contain...お知らせ • Apr 29NationGate Holdings Berhad, Annual General Meeting, May 28, 2026NationGate Holdings Berhad, Annual General Meeting, May 28, 2026, at 11:00 Singapore Standard Time. Location: the light 1, level 1, the light hotel penang, lebuh tenggiri 2, 13700 seberang jaya, pulau pinang, MalaysiaNew Risk • Mar 25New 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). High level of non-cash earnings (198% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.6% net profit margin).Buy Or Sell Opportunity • Mar 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to RM0.64. The fair value is estimated to be RM0.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 89% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to decline by 3.6% per annum. Earnings are forecast to grow by 7.2% per annum over the same time period.Major Estimate Revision • Mar 04Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from RM7.10b to RM6.29b. EPS estimate fell from RM0.064 to RM0.044 per share. Net income forecast to shrink 20% next year vs 20% growth forecast for Electronic industry in Malaysia . Consensus price target down from RM1.47 to RM1.34. Share price fell 33% to RM0.68 over the past week.New Risk • Mar 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risk High level of non-cash earnings (198% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin).最新情報をもっと見るRecent updates分析記事 • May 11Weak Statutory Earnings May Not Tell The Whole Story For NationGate Holdings Berhad (KLSE:NATGATE)The subdued market reaction suggests that NationGate Holdings Berhad's ( KLSE:NATGATE ) recent earnings didn't contain...お知らせ • Apr 29NationGate Holdings Berhad, Annual General Meeting, May 28, 2026NationGate Holdings Berhad, Annual General Meeting, May 28, 2026, at 11:00 Singapore Standard Time. Location: the light 1, level 1, the light hotel penang, lebuh tenggiri 2, 13700 seberang jaya, pulau pinang, MalaysiaNew Risk • Mar 25New 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). High level of non-cash earnings (198% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.6% net profit margin).Buy Or Sell Opportunity • Mar 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to RM0.64. The fair value is estimated to be RM0.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 89% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to decline by 3.6% per annum. Earnings are forecast to grow by 7.2% per annum over the same time period.Major Estimate Revision • Mar 04Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from RM7.10b to RM6.29b. EPS estimate fell from RM0.064 to RM0.044 per share. Net income forecast to shrink 20% next year vs 20% growth forecast for Electronic industry in Malaysia . Consensus price target down from RM1.47 to RM1.34. Share price fell 33% to RM0.68 over the past week.New Risk • Mar 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risk High level of non-cash earnings (198% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin).Price Target Changed • Feb 27Price target decreased by 9.0% to RM1.34Down from RM1.47, the current price target is an average from 5 analysts. New target price is 55% above last closing price of RM0.86. Stock is down 53% over the past year. The company is forecast to post earnings per share of RM0.042 for next year compared to RM0.055 last year.Reported Earnings • Feb 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: RM0.055 (down from RM0.074 in FY 2024). Revenue: RM7.61b (up 44% from FY 2024). Net income: RM125.1m (down 22% from FY 2024). Profit margin: 1.6% (down from 3.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is expected to decline by 5.5% p.a. on average during the next 2 years, while revenues in the Electronic industry in Malaysia are expected to grow by 9.4%. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.分析記事 • Jan 22There's Reason For Concern Over NationGate Holdings Berhad's (KLSE:NATGATE) PriceWith a median price-to-earnings (or "P/E") ratio of close to 14x in Malaysia, you could be forgiven for feeling...New Risk • Jan 22New 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 7.8% 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 are forecast to decline by an average of 6.0% per year for the foreseeable future. High level of non-cash earnings (102% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin).Major Estimate Revision • Dec 03Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from RM7.28b to RM7.75b. EPS estimate fell from RM0.074 to RM0.061 per share. Net income forecast to shrink 22% next year vs 20% growth forecast for Electronic industry in Malaysia . Consensus price target down from RM1.91 to RM1.47. Share price fell 3.5% to RM0.96 over the past week.New Risk • Nov 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.3% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 Risks Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. High level of non-cash earnings (102% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.9% net profit margin).Declared Dividend • Nov 28Third quarter dividend of RM0.0025 announcedShareholders will receive a dividend of RM0.0025. Ex-date: 9th December 2025 Payment date: 23rd December 2025 Dividend yield will be 2.0%, which is lower than the industry average of 2.3%.分析記事 • Nov 27NationGate Holdings Berhad (KLSE:NATGATE) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: RM0.006 (vs RM0.02 in 3Q 2024)Third quarter 2025 results: EPS: RM0.006 (down from RM0.02 in 3Q 2024). Revenue: RM965.4m (down 29% from 3Q 2024). Net income: RM12.7m (down 73% from 3Q 2024). Profit margin: 1.3% (down from 3.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.9% p.a. on average during the next 3 years, while revenues in the Electronic industry in Malaysia are expected to grow by 9.2%.分析記事 • Nov 05We Like NationGate Holdings Berhad's (KLSE:NATGATE) Returns And Here's How They're TrendingTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Buy Or Sell Opportunity • Nov 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to RM1.15. The fair value is estimated to be RM1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 97% over the last 3 years. Earnings per share has declined by 154%. Revenue is forecast to decline by 24% in 2 years. Earnings are forecast to decline by 5.8% in the next 2 years.Buy Or Sell Opportunity • Oct 14Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to RM1.14. The fair value is estimated to be RM1.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 97% over the last 3 years. Earnings per share has declined by 154%. Revenue is forecast to decline by 21% in 2 years. Earnings are forecast to decline by 5.8% in the next 2 years.分析記事 • Sep 29Pinning Down NationGate Holdings Berhad's (KLSE:NATGATE) P/E Is Difficult Right NowWith a median price-to-earnings (or "P/E") ratio of close to 15x in Malaysia, you could be forgiven for feeling...Major Estimate Revision • Sep 03Consensus revenue estimates increase by 16%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from RM6.72b to RM7.82b. EPS estimate fell from RM0.09 to RM0.073. Net income forecast to shrink 16% next year vs 23% growth forecast for Electronic industry in Malaysia . Consensus price target down from RM2.43 to RM2.09. Share price fell 8.6% to RM1.28 over the past week.分析記事 • Aug 29Estimating The Intrinsic Value Of NationGate Holdings Berhad (KLSE:NATGATE)Key Insights Using the 2 Stage Free Cash Flow to Equity, NationGate Holdings Berhad fair value estimate is RM1.52 With...Price Target Changed • Aug 29Price target decreased by 9.1% to RM2.21Down from RM2.43, the current price target is an average from 5 analysts. New target price is 70% above last closing price of RM1.30. Stock is down 32% over the past year. The company is forecast to post earnings per share of RM0.073 for next year compared to RM0.074 last year.Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: RM0.023 (vs RM0.014 in 2Q 2024)Second quarter 2025 results: EPS: RM0.023 (up from RM0.014 in 2Q 2024). Revenue: RM2.60b (up 283% from 2Q 2024). Net income: RM52.2m (up 83% from 2Q 2024). Profit margin: 2.0% (down from 4.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 9.9% growth forecast for the Electronic industry in Malaysia.Declared Dividend • Aug 29Second quarter dividend of RM0.0025 announcedShareholders will receive a dividend of RM0.0025. Ex-date: 12th September 2025 Payment date: 29th September 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.3%.分析記事 • Aug 07Is NationGate Holdings Berhad (KLSE:NATGATE) A Risky Investment?KLSE:NATGATE 1 Year Share Price vs Fair Value Explore NationGate Holdings Berhad's Fair Values from the Community and...Declared Dividend • Jun 27Dividend of RM0.0025 announcedShareholders will receive a dividend of RM0.0025. Ex-date: 10th July 2025 Payment date: 23rd July 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.3%.分析記事 • Jun 27Getting In Cheap On NationGate Holdings Berhad (KLSE:NATGATE) Is UnlikelyNationGate Holdings Berhad's ( KLSE:NATGATE ) price-to-earnings (or "P/E") ratio of 19.5x might make it look like a...New Risk • May 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 68% 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 Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (68% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.4% net profit margin).Reported Earnings • May 04Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: RM0.07 (up from RM0.03 in FY 2023). Revenue: RM5.27b (up RM4.63b from FY 2023). Net income: RM160.2m (up 163% from FY 2023). Profit margin: 3.0% (down from 9.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 38%. Earnings per share (EPS) also surpassed analyst estimates by 41%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Malaysia.Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM1.36, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Malaysia. Total loss to shareholders of 22% over the past year.分析記事 • Apr 30NationGate Holdings Berhad (KLSE:NATGATE) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Apr 30NationGate Holdings Berhad, Annual General Meeting, May 29, 2025NationGate Holdings Berhad, Annual General Meeting, May 29, 2025, at 11:00 Singapore Standard Time. Location: straits 1, level 9, crowne plaza penang straits city, jalan bagan luar, bandar selat, 12000 butterworth, pulau pinang, MalaysiaPrice Target Changed • Apr 14Price target decreased by 12% to RM2.34Down from RM2.65, the current price target is an average from 5 analysts. New target price is 87% above last closing price of RM1.25. Stock is down 22% over the past year. The company is forecast to post earnings per share of RM0.093 for next year compared to RM0.07 last year.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to RM1.07, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Malaysia. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM0.46 per share.Upcoming Dividend • Mar 28Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 04 April 2025. Payment date: 18 April 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Malaysian dividend payers (5.4%). Lower than average of industry peers (2.2%).Price Target Changed • Mar 17Price target decreased by 12% to RM2.47Down from RM2.81, the current price target is an average from 5 analysts. New target price is 83% above last closing price of RM1.35. Stock is down 1.5% over the past year. The company is forecast to post earnings per share of RM0.095 for next year compared to RM0.07 last year.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 29%After last week's 29% share price decline to RM1.42, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Malaysia. Total returns to shareholders of 6.5% over the past year.分析記事 • Mar 04NationGate Holdings Berhad's (KLSE:NATGATE) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatioTo the annoyance of some shareholders, NationGate Holdings Berhad ( KLSE:NATGATE ) shares are down a considerable 27...New Risk • Mar 03New 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (3.0% net profit margin).分析記事 • Mar 02NationGate Holdings Berhad (KLSE:NATGATE) Just Beat Earnings: Here's What Analysts Think Will Happen NextNationGate Holdings Berhad ( KLSE:NATGATE ) just released its annual report and things are looking bullish. Statutory...Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non Executive Director Kah Lee was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 27+ 1 more updateNationGate Holdings Berhad Declares Special Single Tier Dividend for the Financial Year Ended 31 December 2024The Board of Directors of NationGate Holdings Berhad declared a Special Single Tier Dividend of 1.0 sen per share for the financial year ended 31 December 2024. The entitlement and payment dates of the aforesaid Dividends will be advised in due course.分析記事 • Feb 24Calculating The Intrinsic Value Of NationGate Holdings Berhad (KLSE:NATGATE)Key Insights NationGate Holdings Berhad's estimated fair value is RM1.88 based on 2 Stage Free Cash Flow to Equity...分析記事 • Feb 05Returns On Capital At NationGate Holdings Berhad (KLSE:NATGATE) Have Hit The BrakesFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to RM1.79, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Malaysia. Total returns to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM1.99 per share.分析記事 • Jan 18NationGate Holdings Berhad's (KLSE:NATGATE) Share Price Matching Investor OpinionNationGate Holdings Berhad's ( KLSE:NATGATE ) price-to-earnings (or "P/E") ratio of 44.7x might make it look like a...お知らせ • Jan 16+ 1 more updateNationgate Holdings Berhad Announces Resignation of Tan Gin Ling as Joint SecretaryNationGate Holdings Berhad announced resignation of Tan Gin Ling as Joint Secretary. Date Of Change is January 15, 2025.New Risk • Jan 09New 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 7.3% 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 Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (4.6% net profit margin). Shareholders have been diluted in the past year (9.8% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RM2.95, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 19x in the Electronic industry in Malaysia. Total returns to shareholders of 95% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM2.03 per share.お知らせ • Dec 20Nationgate Holdings Berhad Announces Resignation of Mr. Lee Aik Kun, Age 53 as Chief Technical OfficerNationGate Holdings Berhad announced Resignation of MR LEE AIK KUN, Age 53 as Chief Technical Officer. Date of change; December 20, 2024.Buy Or Sell Opportunity • Dec 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to RM2.42. The fair value is estimated to be RM2.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has declined by 129%. Revenue is forecast to grow by 158% in 2 years. Earnings are forecast to grow by 93% in the next 2 years.Major Estimate Revision • Dec 04Consensus revenue estimates increase by 73%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from RM2.14b to RM3.70b. EPS estimate increased from RM0.048 to RM0.05 per share. Net income forecast to grow 69% next year vs 32% growth forecast for Electronic industry in Malaysia. Consensus price target up from RM2.16 to RM2.61. Share price was steady at RM2.38 over the past week.Price Target Changed • Dec 02Price target increased by 11% to RM2.40Up from RM2.16, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM2.29. Stock is up 68% over the past year. The company is forecast to post earnings per share of RM0.05 for next year compared to RM0.03 last year.Declared Dividend • Nov 29Third quarter dividend of RM0.0025 announcedDividend of RM0.0025 is the same as last year. Ex-date: 11th December 2024 Payment date: 27th December 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.3%. Payout Ratios Payout ratio: 20%. Cash payout ratio: 14%.分析記事 • Nov 28NationGate Holdings Berhad (KLSE:NATGATE) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Nov 28Third quarter 2024 earnings released: EPS: RM0.021 (vs RM0.008 in 3Q 2023)Third quarter 2024 results: EPS: RM0.021 (up from RM0.008 in 3Q 2023). Revenue: RM1.35b (up RM1.19b from 3Q 2023). Net income: RM46.6m (up 170% from 3Q 2023). Profit margin: 3.4% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in Malaysia.お知らせ • Nov 28NationGate Holdings Berhad Announces Appointment of Tan Gin Ling as Joint Secretary, Effective 29 November 2024NationGate Holdings Berhad announced appointment of Tan Gin Ling as Joint Secretary, Date of change is 29 November 2024.お知らせ • Nov 27+ 1 more updateNationGate Holdings Berhad Announces Resignation of Chew Siew Cheng as Company Secretary, Effective 29 November 2024NationGate Holdings Berhad announced resignation of Chew Siew Cheng as Company Secretary, date of change is 29 November 2024.Buy Or Sell Opportunity • Oct 17Now 22% overvaluedOver the last 90 days, the stock has fallen 19% to RM1.86. The fair value is estimated to be RM1.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last year. Earnings per share has grown by 34%. Revenue is forecast to grow by 231% in 2 years. Earnings are forecast to grow by 126% in the next 2 years.分析記事 • Sep 05NationGate Holdings Berhad's (KLSE:NATGATE) Solid Earnings May Rest On Weak FoundationsNationGate Holdings Berhad ( KLSE:NATGATE ) just released a solid earnings report, and the stock displayed some...Major Estimate Revision • Sep 05Consensus revenue estimates increase by 58%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from RM1.39b to RM2.20b. EPS estimate fell from RM0.059 to RM0.052. Net income forecast to grow 65% next year vs 33% growth forecast for Electronic industry in Malaysia. Consensus price target down from RM2.14 to RM2.07. Share price was steady at RM1.74 over the past week.Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: RM0.014 (vs RM0.007 in 2Q 2023)Second quarter 2024 results: EPS: RM0.014 (up from RM0.007 in 2Q 2023). Revenue: RM679.7m (up 373% from 2Q 2023). Net income: RM28.5m (up 99% from 2Q 2023). Profit margin: 4.2% (down from 10.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in Malaysia.New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.8% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to RM1.72, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Electronic industry in Malaysia. Total returns to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM2.09 per share.お知らせ • Jul 26NationGate Holdings Berhad announced a financing transactionNationGate Holdings Berhad announced a private placement that it will issue 207,390,000 common shares to receive funding on July 24, 2024.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM2.37, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 22x in the Electronic industry in Malaysia. Total returns to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM1.78 per share.Buy Or Sell Opportunity • Jul 10Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to RM2.15. The fair value is estimated to be RM1.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last year. Earnings per share has declined by 13%. Revenue is forecast to grow by 190% in 2 years. Earnings are forecast to grow by 133% in the next 2 years.分析記事 • Jun 26Calculating The Intrinsic Value Of NationGate Holdings Berhad (KLSE:NATGATE)Key Insights Using the 2 Stage Free Cash Flow to Equity, NationGate Holdings Berhad fair value estimate is RM1.75...Major Estimate Revision • Jun 07Consensus revenue estimates increase by 13%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from RM1.24b to RM1.39b. EPS estimate fell from RM0.064 to RM0.059. Net income forecast to grow 90% next year vs 32% growth forecast for Electronic industry in Malaysia. Consensus price target up from RM1.71 to RM1.98. Share price rose 5.4% to RM1.95 over the past week.Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: RM0.01 (vs RM0.006 in 1Q 2023)First quarter 2024 results: EPS: RM0.01 (up from RM0.006 in 1Q 2023). Revenue: RM207.0m (up 32% from 1Q 2023). Net income: RM21.0m (up 58% from 1Q 2023). Profit margin: 10% (up from 8.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in Malaysia.Price Target Changed • Jun 04Price target increased by 21% to RM1.98Up from RM1.63, the current price target is an average from 4 analysts. New target price is 6.5% above last closing price of RM1.86. Stock is up 48% over the past year. The company is forecast to post earnings per share of RM0.064 for next year compared to RM0.03 last year.お知らせ • Apr 28NationGate Holdings Berhad, Annual General Meeting, Jun 28, 2024NationGate Holdings Berhad, Annual General Meeting, Jun 28, 2024, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; to declare a Final Single Tier Dividend of 0.25 sen per share for the financial year ended 31 December 2023; to approve the payment of Directors' fees of up to an amount of RM195,000.00 for the financial year ending 31 December 2024; and to consider other matters.お知らせ • Apr 27Nationgate Holdings Berhad Proposes Final Single Tier Dividend for the Financial Year Ending 31 December 2023NationGate Holdings Berhad's Third Annual General Meeting will be held on June 28, 2024, proposed to declare a Final Single Tier Dividend of 0.25 sen per share for the financial year ended 31 December 2023.分析記事 • Mar 26The Return Trends At NationGate Holdings Berhad (KLSE:NATGATE) Look PromisingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM1.51, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Electronic industry in Malaysia. Total returns to shareholders of 16% over the past year.分析記事 • Mar 03Here's What Analysts Are Forecasting For NationGate Holdings Berhad (KLSE:NATGATE) Following Its Earnings MissThe analysts might have been a bit too bullish on NationGate Holdings Berhad ( KLSE:NATGATE ), given that the company...Declared Dividend • Mar 02Fourth quarter dividend of RM0.0025 announcedShareholders will receive a dividend of RM0.0025. Ex-date: 2nd July 2024 Payment date: 16th July 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.3%. Payout Ratios Payout ratio: 51%. Cash payout ratio: 22%.Reported Earnings • Mar 01Full year 2023 earnings released: EPS: RM0.029 (vs RM0.052 in FY 2022)Full year 2023 results: EPS: RM0.029 (down from RM0.052 in FY 2022). Revenue: RM638.3m (down 33% from FY 2022). Net income: RM60.8m (down 29% from FY 2022). Profit margin: 9.5% (in line with FY 2022). Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in Malaysia.分析記事 • Feb 13NationGate Holdings Berhad (KLSE:NATGATE) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Feb 09NationGate Holdings Berhad (KLSE:NATGATE) entered into a Share Sale Agreement to acquire Hesechan Industries Sdn Bhd from Heap Seong Chan Company Sdn Bhd for MYR 25 million.NationGate Holdings Berhad (KLSE:NATGATE) entered into a Share Sale Agreement to acquire Hesechan Industries Sdn Bhd from Heap Seong Chan Company Sdn Bhd for MYR 25 million on February 8, 2024. The Acquisition will be funded by internally generated funds and/or bank borrowings of NATGATE. The Acquisition is expected to be completed by the end of the first quarter of the financial year ending 31 December 2024.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: RM0.83 (vs RM0.018 in 3Q 2022)Third quarter 2023 results: EPS: RM0.83. Revenue: RM165.6m (down 46% from 3Q 2022). Net income: RM17.3m (down 43% from 3Q 2022). Profit margin: 10% (in line with 3Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electronic industry in Malaysia.お知らせ • Nov 15NationGate Holdings Berhad Declares Interim Dividend for the Year Ending 31 December 2023NationGate Holdings Berhad declared a Third Single Tier Interim Dividend of 0.25 sen per share for the year ending 31 December 2023.分析記事 • Nov 01NationGate Holdings Berhad (KLSE:NATGATE) Analysts Are Reducing Their Forecasts For This YearOne thing we could say about the analysts on NationGate Holdings Berhad ( KLSE:NATGATE ) - they aren't optimistic...Major Estimate Revision • Nov 01Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from RM997.6m to RM836.1m. EPS estimate fell from RM0.045 to RM0.036 per share. Net income forecast to grow 38% next year vs 32% growth forecast for Electronic industry in Malaysia. Consensus price target broadly unchanged at RM1.77. Share price was steady at RM1.19 over the past week.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: RM0.007 (vs RM1.65 in 2Q 2022)Second quarter 2023 results: EPS: RM0.007 (down from RM1.65 in 2Q 2022). Revenue: RM143.7m (down 33% from 2Q 2022). Net income: RM14.3m (down 13% from 2Q 2022). Profit margin: 10.0% (up from 7.8% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Malaysia.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RM1.67, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 18x in the Electronic industry in Malaysia.お知らせ • Jun 29NationGate Holdings Berhad Declares Final Single Tier Dividend for the Financial Year Ended 31 December 2022NationGate Holdings Berhad announced that at the AGM was held on 28 June 2023, the company declared a final single tier dividend of 1.0 sen per share for the financial year ended 31 December 2022.Upcoming Dividend • Jun 23Upcoming dividend of RM0.01 per share at 0.7% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Malaysian dividend payers (5.4%). Lower than average of industry peers (2.7%).お知らせ • May 25Nationgate Holdings Berhad Proposes Single Tier Interim Dividend for the Financial Year Ending 31 December 2023The Board of Directors of NationGate Holdings Berhad has, on 24 May 2023, declared a Single Tier Interim Dividend of 0.25 sen per share for the financial year ending 31 December 2023. However, the entitlement and payment dates of the aforesaid Dividend have yet to be finalised at the moment. A further announcement will be made at a later date upon finalisation of the entitlement and payment dates of the above.Reported Earnings • May 25First quarter 2023 earnings released: EPS: RM0.006 (vs RM1.65 in 1Q 2022)First quarter 2023 results: EPS: RM0.006 (down from RM1.65 in 1Q 2022). Revenue: RM157.4m (down 26% from 1Q 2022). Net income: RM13.3m (down 20% from 1Q 2022). Profit margin: 8.4% (up from 7.8% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Malaysia.分析記事 • May 06We Think That There Are Issues Underlying NationGate Holdings Berhad's (KLSE:NATGATE) EarningsNationGate Holdings Berhad ( KLSE:NATGATE ) announced strong profits, but the stock was stagnant. Our analysis suggests...Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to RM1.45, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Electronic industry in Malaysia.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: RM0.052 (vs RM5.73 in FY 2021)Full year 2022 results: EPS: RM0.052. Revenue: RM945.7m (up 24% from FY 2021). Net income: RM85.3m (up 49% from FY 2021). Profit margin: 9.0% (up from 7.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in Malaysia.Board Change • Jan 14High 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. Independent Non Executive Director Faiza binti Zulkifli is the most experienced director on the board, commencing their role in 2021. 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NATGATEMY ElectronicMY 市場7D-10.5%-1.1%-1.2%1Y-51.3%-15.3%10.9%株主還元を見る業界別リターン: NATGATE過去 1 年間で-15.3 % の収益を上げたMY Electronic業界を下回りました。リターン対市場: NATGATEは、過去 1 年間で10.9 % のリターンを上げたMY市場を下回りました。価格変動Is NATGATE's price volatile compared to industry and market?NATGATE volatilityNATGATE Average Weekly Movement9.8%Electronic Industry Average Movement8.0%Market Average Movement5.9%10% most volatile stocks in MY Market12.4%10% least volatile stocks in MY Market2.8%安定した株価: NATGATEの株価は、 MY市場と比較して過去 3 か月間で変動しています。時間の経過による変動: NATGATEの weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてMYの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19991,204Eng Ooinationgate.com.my投資持株会社であるNationGate Holdings Berhadは、マレーシア国内および海外で電子機器製造サービスを提供している。電子部品や製品の組立とテストを行い、完成プリント基板、半完成サブアセンブリ、完全組立電子製品、半導体デバイスを製造している。また、サーバー、ネットワーク・スイッチ、その他の電子部品の製造、倉庫業、製造業、物流サービスの提供、一般運送業、一般貿易業、輸出入業、代理店業、卸売業、小売業にも従事している。ネットワーク・通信、データコンピューティング、産業機器、家電、自動車、半導体、航空宇宙、人工知能機器、医療機器、モノのインターネット、家庭用電化製品、分析機器など、さまざまな業界にサービスを提供している。同社は1999年に設立され、マレーシアのペライに本社を置いている。もっと見るNationGate Holdings Berhad 基礎のまとめNationGate Holdings Berhad の収益と売上を時価総額と比較するとどうか。NATGATE 基礎統計学時価総額RM 1.73b収益（TTM）RM 125.07m売上高(TTM)RM 7.61b13.8xPER（株価収益率0.2xP/SレシオNATGATE 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NATGATE 損益計算書（TTM）収益RM 7.61b売上原価RM 7.36b売上総利益RM 249.57mその他の費用RM 124.50m収益RM 125.07m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）0.055グロス・マージン3.28%純利益率1.64%有利子負債／自己資本比率69.5%NATGATE 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2.6%現在の配当利回り18%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 12:59終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31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NationGate Holdings Berhad 5 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。6 アナリスト機関Chee Wei LoongAffin Hwang Investment BankSamuel TanJ.P. MorganTan Pin lKenanga Research3 その他のアナリストを表示
分析記事 • May 11Weak Statutory Earnings May Not Tell The Whole Story For NationGate Holdings Berhad (KLSE:NATGATE)The subdued market reaction suggests that NationGate Holdings Berhad's ( KLSE:NATGATE ) recent earnings didn't contain...
お知らせ • Apr 29NationGate Holdings Berhad, Annual General Meeting, May 28, 2026NationGate Holdings Berhad, Annual General Meeting, May 28, 2026, at 11:00 Singapore Standard Time. Location: the light 1, level 1, the light hotel penang, lebuh tenggiri 2, 13700 seberang jaya, pulau pinang, Malaysia
New Risk • Mar 25New 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). High level of non-cash earnings (198% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.6% net profit margin).
Buy Or Sell Opportunity • Mar 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to RM0.64. The fair value is estimated to be RM0.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 89% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to decline by 3.6% per annum. Earnings are forecast to grow by 7.2% per annum over the same time period.
Major Estimate Revision • Mar 04Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from RM7.10b to RM6.29b. EPS estimate fell from RM0.064 to RM0.044 per share. Net income forecast to shrink 20% next year vs 20% growth forecast for Electronic industry in Malaysia . Consensus price target down from RM1.47 to RM1.34. Share price fell 33% to RM0.68 over the past week.
New Risk • Mar 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risk High level of non-cash earnings (198% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin).
分析記事 • May 11Weak Statutory Earnings May Not Tell The Whole Story For NationGate Holdings Berhad (KLSE:NATGATE)The subdued market reaction suggests that NationGate Holdings Berhad's ( KLSE:NATGATE ) recent earnings didn't contain...
お知らせ • Apr 29NationGate Holdings Berhad, Annual General Meeting, May 28, 2026NationGate Holdings Berhad, Annual General Meeting, May 28, 2026, at 11:00 Singapore Standard Time. Location: the light 1, level 1, the light hotel penang, lebuh tenggiri 2, 13700 seberang jaya, pulau pinang, Malaysia
New Risk • Mar 25New 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). High level of non-cash earnings (198% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.6% net profit margin).
Buy Or Sell Opportunity • Mar 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 32% to RM0.64. The fair value is estimated to be RM0.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 89% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to decline by 3.6% per annum. Earnings are forecast to grow by 7.2% per annum over the same time period.
Major Estimate Revision • Mar 04Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from RM7.10b to RM6.29b. EPS estimate fell from RM0.064 to RM0.044 per share. Net income forecast to shrink 20% next year vs 20% growth forecast for Electronic industry in Malaysia . Consensus price target down from RM1.47 to RM1.34. Share price fell 33% to RM0.68 over the past week.
New Risk • Mar 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risk High level of non-cash earnings (198% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin).
Price Target Changed • Feb 27Price target decreased by 9.0% to RM1.34Down from RM1.47, the current price target is an average from 5 analysts. New target price is 55% above last closing price of RM0.86. Stock is down 53% over the past year. The company is forecast to post earnings per share of RM0.042 for next year compared to RM0.055 last year.
Reported Earnings • Feb 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: RM0.055 (down from RM0.074 in FY 2024). Revenue: RM7.61b (up 44% from FY 2024). Net income: RM125.1m (down 22% from FY 2024). Profit margin: 1.6% (down from 3.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is expected to decline by 5.5% p.a. on average during the next 2 years, while revenues in the Electronic industry in Malaysia are expected to grow by 9.4%. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
分析記事 • Jan 22There's Reason For Concern Over NationGate Holdings Berhad's (KLSE:NATGATE) PriceWith a median price-to-earnings (or "P/E") ratio of close to 14x in Malaysia, you could be forgiven for feeling...
New Risk • Jan 22New 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 7.8% 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 are forecast to decline by an average of 6.0% per year for the foreseeable future. High level of non-cash earnings (102% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin).
Major Estimate Revision • Dec 03Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from RM7.28b to RM7.75b. EPS estimate fell from RM0.074 to RM0.061 per share. Net income forecast to shrink 22% next year vs 20% growth forecast for Electronic industry in Malaysia . Consensus price target down from RM1.91 to RM1.47. Share price fell 3.5% to RM0.96 over the past week.
New Risk • Nov 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.3% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 Risks Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. High level of non-cash earnings (102% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.9% net profit margin).
Declared Dividend • Nov 28Third quarter dividend of RM0.0025 announcedShareholders will receive a dividend of RM0.0025. Ex-date: 9th December 2025 Payment date: 23rd December 2025 Dividend yield will be 2.0%, which is lower than the industry average of 2.3%.
分析記事 • Nov 27NationGate Holdings Berhad (KLSE:NATGATE) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: RM0.006 (vs RM0.02 in 3Q 2024)Third quarter 2025 results: EPS: RM0.006 (down from RM0.02 in 3Q 2024). Revenue: RM965.4m (down 29% from 3Q 2024). Net income: RM12.7m (down 73% from 3Q 2024). Profit margin: 1.3% (down from 3.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.9% p.a. on average during the next 3 years, while revenues in the Electronic industry in Malaysia are expected to grow by 9.2%.
分析記事 • Nov 05We Like NationGate Holdings Berhad's (KLSE:NATGATE) Returns And Here's How They're TrendingTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Buy Or Sell Opportunity • Nov 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to RM1.15. The fair value is estimated to be RM1.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 97% over the last 3 years. Earnings per share has declined by 154%. Revenue is forecast to decline by 24% in 2 years. Earnings are forecast to decline by 5.8% in the next 2 years.
Buy Or Sell Opportunity • Oct 14Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to RM1.14. The fair value is estimated to be RM1.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 97% over the last 3 years. Earnings per share has declined by 154%. Revenue is forecast to decline by 21% in 2 years. Earnings are forecast to decline by 5.8% in the next 2 years.
分析記事 • Sep 29Pinning Down NationGate Holdings Berhad's (KLSE:NATGATE) P/E Is Difficult Right NowWith a median price-to-earnings (or "P/E") ratio of close to 15x in Malaysia, you could be forgiven for feeling...
Major Estimate Revision • Sep 03Consensus revenue estimates increase by 16%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from RM6.72b to RM7.82b. EPS estimate fell from RM0.09 to RM0.073. Net income forecast to shrink 16% next year vs 23% growth forecast for Electronic industry in Malaysia . Consensus price target down from RM2.43 to RM2.09. Share price fell 8.6% to RM1.28 over the past week.
分析記事 • Aug 29Estimating The Intrinsic Value Of NationGate Holdings Berhad (KLSE:NATGATE)Key Insights Using the 2 Stage Free Cash Flow to Equity, NationGate Holdings Berhad fair value estimate is RM1.52 With...
Price Target Changed • Aug 29Price target decreased by 9.1% to RM2.21Down from RM2.43, the current price target is an average from 5 analysts. New target price is 70% above last closing price of RM1.30. Stock is down 32% over the past year. The company is forecast to post earnings per share of RM0.073 for next year compared to RM0.074 last year.
Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: RM0.023 (vs RM0.014 in 2Q 2024)Second quarter 2025 results: EPS: RM0.023 (up from RM0.014 in 2Q 2024). Revenue: RM2.60b (up 283% from 2Q 2024). Net income: RM52.2m (up 83% from 2Q 2024). Profit margin: 2.0% (down from 4.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 9.9% growth forecast for the Electronic industry in Malaysia.
Declared Dividend • Aug 29Second quarter dividend of RM0.0025 announcedShareholders will receive a dividend of RM0.0025. Ex-date: 12th September 2025 Payment date: 29th September 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.3%.
分析記事 • Aug 07Is NationGate Holdings Berhad (KLSE:NATGATE) A Risky Investment?KLSE:NATGATE 1 Year Share Price vs Fair Value Explore NationGate Holdings Berhad's Fair Values from the Community and...
Declared Dividend • Jun 27Dividend of RM0.0025 announcedShareholders will receive a dividend of RM0.0025. Ex-date: 10th July 2025 Payment date: 23rd July 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.3%.
分析記事 • Jun 27Getting In Cheap On NationGate Holdings Berhad (KLSE:NATGATE) Is UnlikelyNationGate Holdings Berhad's ( KLSE:NATGATE ) price-to-earnings (or "P/E") ratio of 19.5x might make it look like a...
New Risk • May 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 68% 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 Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (68% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.4% net profit margin).
Reported Earnings • May 04Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: RM0.07 (up from RM0.03 in FY 2023). Revenue: RM5.27b (up RM4.63b from FY 2023). Net income: RM160.2m (up 163% from FY 2023). Profit margin: 3.0% (down from 9.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 38%. Earnings per share (EPS) also surpassed analyst estimates by 41%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Malaysia.
Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM1.36, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Malaysia. Total loss to shareholders of 22% over the past year.
分析記事 • Apr 30NationGate Holdings Berhad (KLSE:NATGATE) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Apr 30NationGate Holdings Berhad, Annual General Meeting, May 29, 2025NationGate Holdings Berhad, Annual General Meeting, May 29, 2025, at 11:00 Singapore Standard Time. Location: straits 1, level 9, crowne plaza penang straits city, jalan bagan luar, bandar selat, 12000 butterworth, pulau pinang, Malaysia
Price Target Changed • Apr 14Price target decreased by 12% to RM2.34Down from RM2.65, the current price target is an average from 5 analysts. New target price is 87% above last closing price of RM1.25. Stock is down 22% over the past year. The company is forecast to post earnings per share of RM0.093 for next year compared to RM0.07 last year.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to RM1.07, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Malaysia. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM0.46 per share.
Upcoming Dividend • Mar 28Upcoming dividend of RM0.013 per shareEligible shareholders must have bought the stock before 04 April 2025. Payment date: 18 April 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Malaysian dividend payers (5.4%). Lower than average of industry peers (2.2%).
Price Target Changed • Mar 17Price target decreased by 12% to RM2.47Down from RM2.81, the current price target is an average from 5 analysts. New target price is 83% above last closing price of RM1.35. Stock is down 1.5% over the past year. The company is forecast to post earnings per share of RM0.095 for next year compared to RM0.07 last year.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 29%After last week's 29% share price decline to RM1.42, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Malaysia. Total returns to shareholders of 6.5% over the past year.
分析記事 • Mar 04NationGate Holdings Berhad's (KLSE:NATGATE) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatioTo the annoyance of some shareholders, NationGate Holdings Berhad ( KLSE:NATGATE ) shares are down a considerable 27...
New Risk • Mar 03New 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (3.0% net profit margin).
分析記事 • Mar 02NationGate Holdings Berhad (KLSE:NATGATE) Just Beat Earnings: Here's What Analysts Think Will Happen NextNationGate Holdings Berhad ( KLSE:NATGATE ) just released its annual report and things are looking bullish. Statutory...
Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non Executive Director Kah Lee was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 27+ 1 more updateNationGate Holdings Berhad Declares Special Single Tier Dividend for the Financial Year Ended 31 December 2024The Board of Directors of NationGate Holdings Berhad declared a Special Single Tier Dividend of 1.0 sen per share for the financial year ended 31 December 2024. The entitlement and payment dates of the aforesaid Dividends will be advised in due course.
分析記事 • Feb 24Calculating The Intrinsic Value Of NationGate Holdings Berhad (KLSE:NATGATE)Key Insights NationGate Holdings Berhad's estimated fair value is RM1.88 based on 2 Stage Free Cash Flow to Equity...
分析記事 • Feb 05Returns On Capital At NationGate Holdings Berhad (KLSE:NATGATE) Have Hit The BrakesFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to RM1.79, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Malaysia. Total returns to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM1.99 per share.
分析記事 • Jan 18NationGate Holdings Berhad's (KLSE:NATGATE) Share Price Matching Investor OpinionNationGate Holdings Berhad's ( KLSE:NATGATE ) price-to-earnings (or "P/E") ratio of 44.7x might make it look like a...
お知らせ • Jan 16+ 1 more updateNationgate Holdings Berhad Announces Resignation of Tan Gin Ling as Joint SecretaryNationGate Holdings Berhad announced resignation of Tan Gin Ling as Joint Secretary. Date Of Change is January 15, 2025.
New Risk • Jan 09New 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 7.3% 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 Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (4.6% net profit margin). Shareholders have been diluted in the past year (9.8% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RM2.95, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 19x in the Electronic industry in Malaysia. Total returns to shareholders of 95% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM2.03 per share.
お知らせ • Dec 20Nationgate Holdings Berhad Announces Resignation of Mr. Lee Aik Kun, Age 53 as Chief Technical OfficerNationGate Holdings Berhad announced Resignation of MR LEE AIK KUN, Age 53 as Chief Technical Officer. Date of change; December 20, 2024.
Buy Or Sell Opportunity • Dec 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to RM2.42. The fair value is estimated to be RM2.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has declined by 129%. Revenue is forecast to grow by 158% in 2 years. Earnings are forecast to grow by 93% in the next 2 years.
Major Estimate Revision • Dec 04Consensus revenue estimates increase by 73%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from RM2.14b to RM3.70b. EPS estimate increased from RM0.048 to RM0.05 per share. Net income forecast to grow 69% next year vs 32% growth forecast for Electronic industry in Malaysia. Consensus price target up from RM2.16 to RM2.61. Share price was steady at RM2.38 over the past week.
Price Target Changed • Dec 02Price target increased by 11% to RM2.40Up from RM2.16, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of RM2.29. Stock is up 68% over the past year. The company is forecast to post earnings per share of RM0.05 for next year compared to RM0.03 last year.
Declared Dividend • Nov 29Third quarter dividend of RM0.0025 announcedDividend of RM0.0025 is the same as last year. Ex-date: 11th December 2024 Payment date: 27th December 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.3%. Payout Ratios Payout ratio: 20%. Cash payout ratio: 14%.
分析記事 • Nov 28NationGate Holdings Berhad (KLSE:NATGATE) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Nov 28Third quarter 2024 earnings released: EPS: RM0.021 (vs RM0.008 in 3Q 2023)Third quarter 2024 results: EPS: RM0.021 (up from RM0.008 in 3Q 2023). Revenue: RM1.35b (up RM1.19b from 3Q 2023). Net income: RM46.6m (up 170% from 3Q 2023). Profit margin: 3.4% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in Malaysia.
お知らせ • Nov 28NationGate Holdings Berhad Announces Appointment of Tan Gin Ling as Joint Secretary, Effective 29 November 2024NationGate Holdings Berhad announced appointment of Tan Gin Ling as Joint Secretary, Date of change is 29 November 2024.
お知らせ • Nov 27+ 1 more updateNationGate Holdings Berhad Announces Resignation of Chew Siew Cheng as Company Secretary, Effective 29 November 2024NationGate Holdings Berhad announced resignation of Chew Siew Cheng as Company Secretary, date of change is 29 November 2024.
Buy Or Sell Opportunity • Oct 17Now 22% overvaluedOver the last 90 days, the stock has fallen 19% to RM1.86. The fair value is estimated to be RM1.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 49% over the last year. Earnings per share has grown by 34%. Revenue is forecast to grow by 231% in 2 years. Earnings are forecast to grow by 126% in the next 2 years.
分析記事 • Sep 05NationGate Holdings Berhad's (KLSE:NATGATE) Solid Earnings May Rest On Weak FoundationsNationGate Holdings Berhad ( KLSE:NATGATE ) just released a solid earnings report, and the stock displayed some...
Major Estimate Revision • Sep 05Consensus revenue estimates increase by 58%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from RM1.39b to RM2.20b. EPS estimate fell from RM0.059 to RM0.052. Net income forecast to grow 65% next year vs 33% growth forecast for Electronic industry in Malaysia. Consensus price target down from RM2.14 to RM2.07. Share price was steady at RM1.74 over the past week.
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: RM0.014 (vs RM0.007 in 2Q 2023)Second quarter 2024 results: EPS: RM0.014 (up from RM0.007 in 2Q 2023). Revenue: RM679.7m (up 373% from 2Q 2023). Net income: RM28.5m (up 99% from 2Q 2023). Profit margin: 4.2% (down from 10.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in Malaysia.
New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.8% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to RM1.72, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Electronic industry in Malaysia. Total returns to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM2.09 per share.
お知らせ • Jul 26NationGate Holdings Berhad announced a financing transactionNationGate Holdings Berhad announced a private placement that it will issue 207,390,000 common shares to receive funding on July 24, 2024.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM2.37, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 22x in the Electronic industry in Malaysia. Total returns to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at RM1.78 per share.
Buy Or Sell Opportunity • Jul 10Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to RM2.15. The fair value is estimated to be RM1.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last year. Earnings per share has declined by 13%. Revenue is forecast to grow by 190% in 2 years. Earnings are forecast to grow by 133% in the next 2 years.
分析記事 • Jun 26Calculating The Intrinsic Value Of NationGate Holdings Berhad (KLSE:NATGATE)Key Insights Using the 2 Stage Free Cash Flow to Equity, NationGate Holdings Berhad fair value estimate is RM1.75...
Major Estimate Revision • Jun 07Consensus revenue estimates increase by 13%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from RM1.24b to RM1.39b. EPS estimate fell from RM0.064 to RM0.059. Net income forecast to grow 90% next year vs 32% growth forecast for Electronic industry in Malaysia. Consensus price target up from RM1.71 to RM1.98. Share price rose 5.4% to RM1.95 over the past week.
Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: RM0.01 (vs RM0.006 in 1Q 2023)First quarter 2024 results: EPS: RM0.01 (up from RM0.006 in 1Q 2023). Revenue: RM207.0m (up 32% from 1Q 2023). Net income: RM21.0m (up 58% from 1Q 2023). Profit margin: 10% (up from 8.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in Malaysia.
Price Target Changed • Jun 04Price target increased by 21% to RM1.98Up from RM1.63, the current price target is an average from 4 analysts. New target price is 6.5% above last closing price of RM1.86. Stock is up 48% over the past year. The company is forecast to post earnings per share of RM0.064 for next year compared to RM0.03 last year.
お知らせ • Apr 28NationGate Holdings Berhad, Annual General Meeting, Jun 28, 2024NationGate Holdings Berhad, Annual General Meeting, Jun 28, 2024, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; to declare a Final Single Tier Dividend of 0.25 sen per share for the financial year ended 31 December 2023; to approve the payment of Directors' fees of up to an amount of RM195,000.00 for the financial year ending 31 December 2024; and to consider other matters.
お知らせ • Apr 27Nationgate Holdings Berhad Proposes Final Single Tier Dividend for the Financial Year Ending 31 December 2023NationGate Holdings Berhad's Third Annual General Meeting will be held on June 28, 2024, proposed to declare a Final Single Tier Dividend of 0.25 sen per share for the financial year ended 31 December 2023.
分析記事 • Mar 26The Return Trends At NationGate Holdings Berhad (KLSE:NATGATE) Look PromisingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RM1.51, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Electronic industry in Malaysia. Total returns to shareholders of 16% over the past year.
分析記事 • Mar 03Here's What Analysts Are Forecasting For NationGate Holdings Berhad (KLSE:NATGATE) Following Its Earnings MissThe analysts might have been a bit too bullish on NationGate Holdings Berhad ( KLSE:NATGATE ), given that the company...
Declared Dividend • Mar 02Fourth quarter dividend of RM0.0025 announcedShareholders will receive a dividend of RM0.0025. Ex-date: 2nd July 2024 Payment date: 16th July 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.3%. Payout Ratios Payout ratio: 51%. Cash payout ratio: 22%.
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: RM0.029 (vs RM0.052 in FY 2022)Full year 2023 results: EPS: RM0.029 (down from RM0.052 in FY 2022). Revenue: RM638.3m (down 33% from FY 2022). Net income: RM60.8m (down 29% from FY 2022). Profit margin: 9.5% (in line with FY 2022). Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in Malaysia.
分析記事 • Feb 13NationGate Holdings Berhad (KLSE:NATGATE) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Feb 09NationGate Holdings Berhad (KLSE:NATGATE) entered into a Share Sale Agreement to acquire Hesechan Industries Sdn Bhd from Heap Seong Chan Company Sdn Bhd for MYR 25 million.NationGate Holdings Berhad (KLSE:NATGATE) entered into a Share Sale Agreement to acquire Hesechan Industries Sdn Bhd from Heap Seong Chan Company Sdn Bhd for MYR 25 million on February 8, 2024. The Acquisition will be funded by internally generated funds and/or bank borrowings of NATGATE. The Acquisition is expected to be completed by the end of the first quarter of the financial year ending 31 December 2024.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: RM0.83 (vs RM0.018 in 3Q 2022)Third quarter 2023 results: EPS: RM0.83. Revenue: RM165.6m (down 46% from 3Q 2022). Net income: RM17.3m (down 43% from 3Q 2022). Profit margin: 10% (in line with 3Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electronic industry in Malaysia.
お知らせ • Nov 15NationGate Holdings Berhad Declares Interim Dividend for the Year Ending 31 December 2023NationGate Holdings Berhad declared a Third Single Tier Interim Dividend of 0.25 sen per share for the year ending 31 December 2023.
分析記事 • Nov 01NationGate Holdings Berhad (KLSE:NATGATE) Analysts Are Reducing Their Forecasts For This YearOne thing we could say about the analysts on NationGate Holdings Berhad ( KLSE:NATGATE ) - they aren't optimistic...
Major Estimate Revision • Nov 01Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from RM997.6m to RM836.1m. EPS estimate fell from RM0.045 to RM0.036 per share. Net income forecast to grow 38% next year vs 32% growth forecast for Electronic industry in Malaysia. Consensus price target broadly unchanged at RM1.77. Share price was steady at RM1.19 over the past week.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: RM0.007 (vs RM1.65 in 2Q 2022)Second quarter 2023 results: EPS: RM0.007 (down from RM1.65 in 2Q 2022). Revenue: RM143.7m (down 33% from 2Q 2022). Net income: RM14.3m (down 13% from 2Q 2022). Profit margin: 10.0% (up from 7.8% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Malaysia.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RM1.67, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 18x in the Electronic industry in Malaysia.
お知らせ • Jun 29NationGate Holdings Berhad Declares Final Single Tier Dividend for the Financial Year Ended 31 December 2022NationGate Holdings Berhad announced that at the AGM was held on 28 June 2023, the company declared a final single tier dividend of 1.0 sen per share for the financial year ended 31 December 2022.
Upcoming Dividend • Jun 23Upcoming dividend of RM0.01 per share at 0.7% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Malaysian dividend payers (5.4%). Lower than average of industry peers (2.7%).
お知らせ • May 25Nationgate Holdings Berhad Proposes Single Tier Interim Dividend for the Financial Year Ending 31 December 2023The Board of Directors of NationGate Holdings Berhad has, on 24 May 2023, declared a Single Tier Interim Dividend of 0.25 sen per share for the financial year ending 31 December 2023. However, the entitlement and payment dates of the aforesaid Dividend have yet to be finalised at the moment. A further announcement will be made at a later date upon finalisation of the entitlement and payment dates of the above.
Reported Earnings • May 25First quarter 2023 earnings released: EPS: RM0.006 (vs RM1.65 in 1Q 2022)First quarter 2023 results: EPS: RM0.006 (down from RM1.65 in 1Q 2022). Revenue: RM157.4m (down 26% from 1Q 2022). Net income: RM13.3m (down 20% from 1Q 2022). Profit margin: 8.4% (up from 7.8% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Malaysia.
分析記事 • May 06We Think That There Are Issues Underlying NationGate Holdings Berhad's (KLSE:NATGATE) EarningsNationGate Holdings Berhad ( KLSE:NATGATE ) announced strong profits, but the stock was stagnant. Our analysis suggests...
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to RM1.45, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Electronic industry in Malaysia.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: RM0.052 (vs RM5.73 in FY 2021)Full year 2022 results: EPS: RM0.052. Revenue: RM945.7m (up 24% from FY 2021). Net income: RM85.3m (up 49% from FY 2021). Profit margin: 9.0% (up from 7.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in Malaysia.
Board Change • Jan 14High 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. Independent Non Executive Director Faiza binti Zulkifli is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
