View ValuationQES Group Berhad 将来の成長Future 基準チェック /36QES Group Berhad利益と収益がそれぞれ年間15.9%と7.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に10.3% 15.7%なると予測されています。主要情報15.9%収益成長率15.70%EPS成長率Electronic 収益成長21.1%収益成長率7.2%将来の株主資本利益率10.25%アナリストカバレッジLow最終更新日17 Mar 2026今後の成長に関する最新情報Major Estimate Revision • May 30Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from RM303.6m to RM255.8m. EPS estimate fell from RM0.029 to RM0.017 per share. Net income forecast to grow 5.1% next year vs 16% growth forecast for Electronic industry in Malaysia. Consensus price target down from RM0.53 to RM0.47. Share price fell 7.8% to RM0.35 over the past week.Price Target Changed • Dec 11Price target decreased by 7.1% to RM0.80Down from RM0.86, the current price target is an average from 3 analysts. New target price is 41% above last closing price of RM0.57. Stock is up 16% over the past year. The company is forecast to post earnings per share of RM0.03 for next year compared to RM0.022 last year.Major Estimate Revision • Nov 25Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from RM295.4m to RM259.9m. EPS estimate unchanged from RM0.03 per share at last update. Electronic industry in Malaysia expected to see average net income growth of 27% next year. Consensus price target down from RM0.86 to RM0.84. Share price was steady at RM0.51 over the past week.Major Estimate Revision • May 27Consensus EPS estimates increase by 26%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from RM305.9m to RM298.3m. EPS estimate rose from RM0.034 to RM0.043. Net income forecast to grow 46% next year vs 27% growth forecast for Electronic industry in Malaysia. Consensus price target up from RM0.72 to RM0.85. Share price rose 4.5% to RM0.70 over the past week.Price Target Changed • May 21Price target increased by 18% to RM0.85Up from RM0.72, the current price target is provided by 1 analyst. New target price is 32% above last closing price of RM0.65. Stock is up 23% over the past year. The company is forecast to post earnings per share of RM0.043 for next year compared to RM0.022 last year.Price Target Changed • Feb 27Price target increased by 12% to RM0.72Up from RM0.64, the current price target is an average from 3 analysts. New target price is 12% above last closing price of RM0.65. Stock is up 28% over the past year. The company is forecast to post earnings per share of RM0.032 for next year compared to RM0.032 last year.すべての更新を表示Recent updates分析記事 • May 08QES Group Berhad's (KLSE:QES) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that QES Group Berhad's ( KLSE:QES ) recent earnings didn't contain any surprises...お知らせ • Apr 27QES Group Berhad, Annual General Meeting, Jun 26, 2026QES Group Berhad, Annual General Meeting, Jun 26, 2026, at 10:00 Singapore Standard Time. Location: corporate meetings by envivo, ground floor, lobby 1, crystal plaza, no. 4, jalan 51a/223, 46100 petaling jaya, selangor, MalaysiaBuy Or Sell Opportunity • Apr 22Now 22% overvaluedOver the last 90 days, the stock has fallen 2.3% to RM0.43. 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 21%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Declared Dividend • Mar 01Dividend of RM0.0075 announcedShareholders will receive a dividend of RM0.0075. Ex-date: 13th March 2026 Payment date: 30th March 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 28Full year 2025 earnings released: EPS: RM0.02 (vs RM0.021 in FY 2024)Full year 2025 results: EPS: RM0.02 (down from RM0.021 in FY 2024). Revenue: RM266.8m (down 1.0% from FY 2024). Net income: RM16.3m (down 5.7% from FY 2024). Profit margin: 6.1% (down from 6.4% in FY 2024). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Feb 27QES Group Berhad announces Annual dividend, payable on March 30, 2026QES Group Berhad announced Annual dividend of MYR 0.0075 per share payable on March 30, 2026, ex-date on March 13, 2026 and record date on March 16, 2026.お知らせ • Nov 22QES Group Berhad Reports Consolidated Property, Plant and Equipment Written Off for the Third Quarter Ended 30 September 2025QES Group Berhad reported consolidated Property, plant and equipment written off for the third quarter ended 30 September 2025. For the quarter, the company reported Property, plant and equipment written off of MYR 32,000 against MYR 1,000 a year ago.分析記事 • Nov 19Is QES Group Berhad (KLSE:QES) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: RM0.005 (vs RM0.001 in 3Q 2024)Third quarter 2025 results: EPS: RM0.005 (up from RM0.001 in 3Q 2024). Revenue: RM68.5m (up 17% from 3Q 2024). Net income: RM3.71m (up 201% from 3Q 2024). Profit margin: 5.4% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.分析記事 • Oct 16QES Group Berhad (KLSE:QES) Looks Just Right With A 25% Price JumpQES Group Berhad ( KLSE:QES ) shareholders would be excited to see that the share price has had a great month, posting...Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: RM0.005 (vs RM0.008 in 2Q 2024)Second quarter 2025 results: EPS: RM0.005 (down from RM0.008 in 2Q 2024). Revenue: RM77.4m (up 14% from 2Q 2024). Net income: RM4.43m (down 30% from 2Q 2024). Profit margin: 5.7% (down from 9.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.分析記事 • Jul 14These 4 Measures Indicate That QES Group Berhad (KLSE:QES) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Jun 21New 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 8.7% 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 (8.7% average weekly change). Market cap is less than US$100m (RM300.0m market cap, or US$70.5m).Major Estimate Revision • May 30Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from RM303.6m to RM255.8m. EPS estimate fell from RM0.029 to RM0.017 per share. Net income forecast to grow 5.1% next year vs 16% growth forecast for Electronic industry in Malaysia. Consensus price target down from RM0.53 to RM0.47. Share price fell 7.8% to RM0.35 over the past week.分析記事 • May 27Things Look Grim For QES Group Berhad (KLSE:QES) After Today's DowngradeThe latest analyst coverage could presage a bad day for QES Group Berhad ( KLSE:QES ), with the analysts making...Reported Earnings • May 04Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: RM0.021 (down from RM0.022 in FY 2023). Revenue: RM269.6m (up 12% from FY 2023). Net income: RM17.3m (down 6.2% from FY 2023). Profit margin: 6.4% (down from 7.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 11% per year and the company’s share price has also fallen by 11% per year.お知らせ • Apr 25QES Group Berhad, Annual General Meeting, Jun 18, 2025QES Group Berhad, Annual General Meeting, Jun 18, 2025, at 10:00 Singapore Standard Time. Location: ballroom iii, tropicana golf & country club, jalan kelab tropicana, 47410 petaling jaya, selangor, Malaysia分析記事 • Apr 06QES Group Berhad's (KLSE:QES) P/E Still Appears To Be ReasonableWith a price-to-earnings (or "P/E") ratio of 19.5x QES Group Berhad ( KLSE:QES ) may be sending bearish signals at the...Declared Dividend • Mar 01Final dividend of RM0.003 announcedShareholders will receive a dividend of RM0.003. Ex-date: 14th March 2025 Payment date: 28th March 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.3%.分析記事 • Jan 14Returns At QES Group Berhad (KLSE:QES) Appear To Be Weighed DownIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...New Risk • Jan 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: RM450.4m (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (5.2% net profit margin). Market cap is less than US$100m (RM450.4m market cap, or US$100.0m).Price Target Changed • Dec 11Price target decreased by 7.1% to RM0.80Down from RM0.86, the current price target is an average from 3 analysts. New target price is 41% above last closing price of RM0.57. Stock is up 16% over the past year. The company is forecast to post earnings per share of RM0.03 for next year compared to RM0.022 last year.分析記事 • Nov 25QES Group Berhad's (KLSE:QES) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that QES Group Berhad's ( KLSE:QES ) recent earnings didn't contain any surprises...Major Estimate Revision • Nov 25Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from RM295.4m to RM259.9m. EPS estimate unchanged from RM0.03 per share at last update. Electronic industry in Malaysia expected to see average net income growth of 27% next year. Consensus price target down from RM0.86 to RM0.84. Share price was steady at RM0.51 over the past week.New Risk • Nov 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% 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 Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (5.2% net profit margin). Market cap is less than US$100m (RM433.8m market cap, or US$96.9m).New Risk • Oct 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: RM421.2m (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (6.5% net profit margin). Market cap is less than US$100m (RM421.2m market cap, or US$98.2m).お知らせ • Sep 20+ 3 more updatesQES Group Berhad Announces Appointment of Cik Wan Fatimah Suriani Binti Ibrahim as Independent and Non Executive DirectorQES Group Berhad announced Appointment of CIK WAN FATIMAH SURIANI BINTI IBRAHIM as Independent and Non Executive Director. Age is 57. Date of change is September 20, 2024. Qualifications; Professional Qualification is Association of Chartered Certified Accountants (ACCA) from Financial Training Company, UK. Degree in BA(Hons) Accountancy from Newcastle Upon Tyne Polytechnic, UK. From August 2015 to June 2022, served as a Director at Independent Data Services Holdings Pte Ltd. and Finance Director at Independent Data Services (Asia) Sdn Bhd. The company focuses on software development and operational reporting solutions for the upstream oil and gas industry. Responsibilities included financial and audit matters, business planning, tax-related reporting, ensured compliance with regulatory requirements across multiple jurisdictions and representing IDS group in dealing with shareholders. Next, she have been serving as the Technology Center Controller at Schlumberger Asia Support Sdn. Bhd. since July 2022 until current. She responsible for the overall financial management and coordination of a technology center. Role includes overseeing the integration of IDS group financials within Schlumberger and assisting with the rollout of IDS entities, focusing on financial reporting, audits, and tax alignment within Schlumberger's strategic planning framework.Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: RM0.008 (vs RM0.008 in 2Q 2023)Second quarter 2024 results: EPS: RM0.008 (in line with 2Q 2023). Revenue: RM68.0m (up 1.6% from 2Q 2023). Net income: RM6.37m (down 7.4% from 2Q 2023). Profit margin: 9.4% (in line with 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.分析記事 • Aug 08Is QES Group Berhad (KLSE:QES) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Board Change • Jul 11High number of new directorsIndependent Non Executive Director . Gunasegaran was the last director to join the board, commencing their role in 2024.お知らせ • Jul 04+ 10 more updatesQES Group Berhad Announces Appointment of Gunasegaran A/L Muthusamy as Independent and Non Executive Non Executive DirectorQES Group Berhad announced appointment of Dr. Gunasegaran A/L Muthusamy, age 60 as Independent and Non Executive Non Executive Director, effective July 01, 2024. Dr. Gunasegaran completed his Diploma in Post Graduate Diploma in Management Science, 2000 from National Institute of Public Administration (INTAN); Degree in Bachelor of Science (Housing, Building and Planning) with Hons (Majoring in Management), 1987 University Sains Malaysia;Masters in Master of Science (Management), 2001 from University Utara Malaysia; Doctorate in PhD in Business Administration, 2011 from Curtin University, Western Australia. Dr. Gunasegaran is an internationally recognized leader at the Inland Revenue Board Malaysia (IRBM), with extensive professional experience and significant executive leadership accomplishments. Starting his career in 1988, he has over 30 years of expertise in leading tax research, managing business operations, directing international training and innovation programs, and overseeing information processing, all contributing to the organization's strategic and operational success. He is skilled in creating sustainable growth strategies, delivering data-driven insights, and ensuring informed decision-making. An expert in financial affairs, strategic planning, project management, and data analysis, Dr. Gunasegaran has also served on committees at both national and organizational levels from 2012 to 2023. He has a proven ability to lead consultations, build consensus, and cultivate relationships with diverse global organizations.分析記事 • Jun 08QES Group Berhad's (KLSE:QES) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 38.1x QES Group Berhad ( KLSE:QES ) may be sending very bearish signals at...お知らせ • Jun 01+ 5 more updatesQES Group Berhad Announces Retirement of Hoh Chee Mun as Independent and Non Executive Member of Audit CommitteeQES Group Berhad announced retirement of Mr. Hoh Chee Mun, age 59 as Independent and Non Executive Member of Audit Committee, effective May 31, 2024. Composition of Remuneration Committee(Name and Directorate of members after change): Chairperson: Ms. Wong Pek Yee (Independent Non-Executive Director); Member: Pn. Maznida binti Mokhtar (Independent Non-Executive Director). Mr. Hoh Chee Mun retired at 10th AGM.Major Estimate Revision • May 27Consensus EPS estimates increase by 26%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from RM305.9m to RM298.3m. EPS estimate rose from RM0.034 to RM0.043. Net income forecast to grow 46% next year vs 27% growth forecast for Electronic industry in Malaysia. Consensus price target up from RM0.72 to RM0.85. Share price rose 4.5% to RM0.70 over the past week.Reported Earnings • May 21First quarter 2024 earnings released: EPS: RM0.003 (vs RM0.006 in 1Q 2023)First quarter 2024 results: EPS: RM0.003 (down from RM0.006 in 1Q 2023). Revenue: RM56.4m (down 1.5% from 1Q 2023). Net income: RM2.51m (down 47% from 1Q 2023). Profit margin: 4.4% (down from 8.3% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Price Target Changed • May 21Price target increased by 18% to RM0.85Up from RM0.72, the current price target is provided by 1 analyst. New target price is 32% above last closing price of RM0.65. Stock is up 23% over the past year. The company is forecast to post earnings per share of RM0.043 for next year compared to RM0.022 last year.分析記事 • May 09Here's Why QES Group Berhad (KLSE:QES) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • May 01QES Group Berhad, Annual General Meeting, May 31, 2024QES Group Berhad, Annual General Meeting, May 31, 2024, at 10:00 Singapore Standard Time. Agenda: To consider the Audited Financial Statements of the Company and the Group for the financial year ended 31 December 2023 together with the Reports of the Directors and the Auditors thereon; to consider and approve the payment of Directors fees; to consider and re-appoint Messrs. KPMG PLT as Auditors of the Company and to authorise the Directors to fix their remuneration; and to consider and approve the other business matters.New Risk • Apr 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: RM467.1m (US$97.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Declared Dividend • Feb 26Dividend of RM0.005 announcedShareholders will receive a dividend of RM0.005. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.3%. Payout Ratios Payout ratio: 19%. Cash payout ratio: 106%.Reported Earnings • Feb 24Full year 2023 earnings released: EPS: RM0.022 (vs RM0.032 in FY 2022)Full year 2023 results: EPS: RM0.022 (down from RM0.032 in FY 2022). Revenue: RM240.7m (down 9.0% from FY 2022). Net income: RM18.5m (down 30% from FY 2022). Profit margin: 7.7% (down from 10.0% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: RM0.005 (vs RM0.011 in 3Q 2022)Third quarter 2023 results: EPS: RM0.005 (down from RM0.011 in 3Q 2022). Revenue: RM54.2m (down 25% from 3Q 2022). Net income: RM4.31m (down 55% from 3Q 2022). Profit margin: 8.0% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 23QES Group Berhad Reports Property, Plant and Equipment Written Off for the Quarter Ended June 30, 2023QES Group Berhad reported Property, plant and equipment written off for the quarter ended June 30, 2023. For the quarter, the company reported Property, plant and equipment written off of MYR 2,000.Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: RM0.008 (vs RM0.006 in 2Q 2022)Second quarter 2023 results: EPS: RM0.008 (up from RM0.006 in 2Q 2022). Revenue: RM67.0m (up 26% from 2Q 2022). Net income: RM6.88m (up 46% from 2Q 2022). Profit margin: 10% (up from 8.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.分析記事 • Jun 15Why QES Group Berhad (KLSE:QES) Could Be Worth WatchingQES Group Berhad ( KLSE:QES ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...Reported Earnings • May 20First quarter 2023 earnings released: EPS: RM0.006 (vs RM0.008 in 1Q 2022)First quarter 2023 results: EPS: RM0.006 (down from RM0.008 in 1Q 2022). Revenue: RM57.3m (down 14% from 1Q 2022). Net income: RM4.76m (down 29% from 1Q 2022). Profit margin: 8.3% (down from 10% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Feb 27Price target increased by 12% to RM0.72Up from RM0.64, the current price target is an average from 3 analysts. New target price is 12% above last closing price of RM0.65. Stock is up 28% over the past year. The company is forecast to post earnings per share of RM0.032 for next year compared to RM0.032 last year.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: RM0.032 (vs RM0.023 in FY 2021)Full year 2022 results: EPS: RM0.032 (up from RM0.023 in FY 2021). Revenue: RM264.4m (up 19% from FY 2021). Net income: RM26.4m (up 39% from FY 2021). Profit margin: 10.0% (up from 8.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Dec 28QES Group Berhad's (KLSE:QES) Returns On Capital Not Reflecting Well On The BusinessWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Dec 08Is QES Group Berhad (KLSE:QES) Potentially Undervalued?While QES Group Berhad ( KLSE:QES ) might not be the most widely known stock at the moment, it led the KLSE gainers...Major Estimate Revision • Nov 29Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from RM254.5m to RM257.9m. EPS estimate increased from RM0.03 to RM0.03 per share. Net income forecast to grow 7.8% next year vs 9.8% growth forecast for Electronic industry in Malaysia. Consensus price target broadly unchanged at RM0.64. Share price was steady at RM0.56 over the past week.Reported Earnings • Nov 23Third quarter 2022 earnings released: EPS: RM0.011 (vs RM0.005 in 3Q 2021)Third quarter 2022 results: EPS: RM0.011 (up from RM0.005 in 3Q 2021). Revenue: RM72.0m (up 39% from 3Q 2021). Net income: RM9.52m (up 152% from 3Q 2021). Profit margin: 13% (up from 7.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 11Here's Why We Think QES Group Berhad (KLSE:QES) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Buying Opportunity • Nov 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be RM0.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 42% in the next 2 years.分析記事 • Oct 18Does QES Group Berhad (KLSE:QES) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...お知らせ • Aug 25QES Group Berhad Announces Resignation of Chew Ne Weng as Member of Remuneration CommitteeQES Group Berhad announced resignation of Mr. Chew Ne Weng, age 59, as Executive, Member of Remuneration Committee. Date of change is August 4, 2022. Composition of Remuneration Committee(Name and Directorate of members after change) Chairman: Hoh Chee Mun (Independent Non- Executive Director). Members: Maznida Binti Mokhtar (Independent Non- Executive Director), Wong Pek Yee (Independent Non- Executive Director).Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: RM0.006 (vs RM0.005 in 2Q 2021)Second quarter 2022 results: EPS: RM0.006 (up from RM0.005 in 2Q 2021). Revenue: RM53.1m (down 2.2% from 2Q 2021). Net income: RM4.73m (up 23% from 2Q 2021). Profit margin: 8.9% (up from 7.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 8.4%, compared to a 17% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 45% per year.Buying Opportunity • Aug 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.5%. The fair value is estimated to be RM0.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 42% in the next 2 years.お知らせ • Jun 17+ 10 more updatesQES Group Berhad Announces Appointment of Miss Wong Pek Yee as Independent and Non Executive DirectorQES Group Berhad announced appointment of Miss Wong Pek Yee as Independent and Non Executive director. Age is 65. Qualifications is Degree is BSc in Economics & Accounting (Hons) from University of Hull, United Kingdom and Professional Qualification is ACA & FCA from Institute of Chartered Accountants of England and Wales. Working experience and occupation is Ms. Wong Pek Yee has gained over 37 years of work experiences in London and Malaysia, covering the wide spectrum of industries which include tax consultancy, financial services and manufacturing sectors. She is currently sitting on the Board of RHB Insurance Berhad as Senior Independent Non-Executive Director, which commenced in year 2018. She is currently the Chairman of the Board Risk Committee and a member of the Board Investment Committee and Board Audit Committee of RHB Insurance Berhad. She was an Independent Non-Executive Director of Pengurusan Aset Air Berhad (PAAB) from 1 July 2019 to 30 August 2020 and Acqua SPV Berhad, a subsidiary of Pengurusan Aset Air Berhad from 1 June 2020 to 30 November 2020. She sat as the Chairperson of the Board Audit and Risk Committee and as a member of the Board Compliance and Integrity Committee during her period with PAAB.Reported Earnings • May 19First quarter 2022 earnings released: EPS: RM0.008 (vs RM0.008 in 1Q 2021)First quarter 2022 results: EPS: RM0.008 (vs RM0.008 in 1Q 2021). Revenue: RM66.3m (up 26% from 1Q 2021). Net income: RM6.72m (down 3.2% from 1Q 2021). Profit margin: 10% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.4%, compared to a 19% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • May 18Is QES Group Berhad (KLSE:QES) Potentially Undervalued?While QES Group Berhad ( KLSE:QES ) might not be the most widely known stock at the moment, it led the KLSE gainers...Price Target Changed • Apr 27Price target increased to RM0.66Up from RM0.24, the current price target is provided by 1 analyst. New target price is 17% above last closing price of RM0.56. Stock is down 19% over the past year. The company is forecast to post earnings per share of RM0.027 for next year compared to RM0.023 last year.分析記事 • Apr 05Investors Could Be Concerned With QES Group Berhad's (KLSE:QES) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...分析記事 • Mar 07Is QES Group Berhad (KLSE:QES) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...お知らせ • Feb 24QES Group Berhad Announces Final Dividend for the Financial Year Ended December 31, 2021, Payable on March 31, 2022QES Group Berhad announced final dividend of 0.40 sen per ordinary share in respect of the financial year ended December 31, 2021, payable on March 31, 2022. Entitlement date to be March 10, 2022. Ex-date to be March 9, 2022.Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: RM0.023 (up from RM0.011 in FY 2020). Revenue: RM222.8m (up 44% from FY 2020). Net income: RM19.0m (up 119% from FY 2020). Profit margin: 8.5% (up from 5.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 51%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Nov 27QES Group Berhad (KLSE:QES) Seems To Use Debt Quite SensiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Nov 19Third quarter 2021 earnings released: EPS RM0.005 (vs RM0.002 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: RM51.7m (up 44% from 3Q 2020). Net income: RM3.77m (up 132% from 3Q 2020). Profit margin: 7.3% (up from 4.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS RM0.005 (vs RM0.003 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM54.3m (up 40% from 2Q 2020). Net income: RM3.86m (up 50% from 2Q 2020). Profit margin: 7.1% (up from 6.6% in 2Q 2020). The increase in margin was driven by higher revenue.分析記事 • Jun 15Is QES Group Berhad (KLSE:QES) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...業績と収益の成長予測KLSE:QES - アナリストの将来予測と過去の財務データ ( )MYR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202833427N/A34212/31/202730923N/A29312/31/202629220N/A24312/31/2025267162027N/A9/30/2025278162832N/A6/30/2025268141823N/A3/31/2025259162537N/A12/31/202427017824N/A9/30/202424513-147N/A6/30/202424116320N/A3/31/202424016012N/A12/31/202324118110N/A9/30/2023251212937N/A6/30/202326927614N/A3/31/202325524615N/A12/31/202226426-115N/A9/30/202225625-412N/A6/30/202223520723N/A3/31/202223719217N/A12/31/202122319-624N/A9/30/202119917-1614N/A6/30/202118314-1315N/A3/31/202116813-1315N/A12/31/2020155915N/A9/30/202015681012N/A6/30/20201608-13N/A3/31/20201614-13N/A12/31/2019161338N/A9/30/20191795N/A-2N/A6/30/20191898N/A13N/A3/31/201919514N/A14N/A12/31/201819314N/A11N/A12/31/201719115N/A17N/A12/31/20161379N/A7N/A12/31/20151287N/A4N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: QESの予測収益成長率 (年間15.9% ) は 貯蓄率 ( 3.8% ) を上回っています。収益対市場: QESの収益 ( 15.9% ) はMY市場 ( 10.6% ) よりも速いペースで成長すると予測されています。高成長収益: QESの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: QESの収益 ( 7.2% ) MY市場 ( 6.5% ) よりも速いペースで成長すると予測されています。高い収益成長: QESの収益 ( 7.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: QESの 自己資本利益率 は、3年後には低くなると予測されています ( 10.3 %)。成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance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 14:53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QES Group Berhad 3 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。4 アナリスト機関null nullJF Apex Securities BerhadHoe-Leong ChongPublic Investment Bank BerhadLee HorngRHB Investment Bank1 その他のアナリストを表示
Major Estimate Revision • May 30Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from RM303.6m to RM255.8m. EPS estimate fell from RM0.029 to RM0.017 per share. Net income forecast to grow 5.1% next year vs 16% growth forecast for Electronic industry in Malaysia. Consensus price target down from RM0.53 to RM0.47. Share price fell 7.8% to RM0.35 over the past week.
Price Target Changed • Dec 11Price target decreased by 7.1% to RM0.80Down from RM0.86, the current price target is an average from 3 analysts. New target price is 41% above last closing price of RM0.57. Stock is up 16% over the past year. The company is forecast to post earnings per share of RM0.03 for next year compared to RM0.022 last year.
Major Estimate Revision • Nov 25Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from RM295.4m to RM259.9m. EPS estimate unchanged from RM0.03 per share at last update. Electronic industry in Malaysia expected to see average net income growth of 27% next year. Consensus price target down from RM0.86 to RM0.84. Share price was steady at RM0.51 over the past week.
Major Estimate Revision • May 27Consensus EPS estimates increase by 26%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from RM305.9m to RM298.3m. EPS estimate rose from RM0.034 to RM0.043. Net income forecast to grow 46% next year vs 27% growth forecast for Electronic industry in Malaysia. Consensus price target up from RM0.72 to RM0.85. Share price rose 4.5% to RM0.70 over the past week.
Price Target Changed • May 21Price target increased by 18% to RM0.85Up from RM0.72, the current price target is provided by 1 analyst. New target price is 32% above last closing price of RM0.65. Stock is up 23% over the past year. The company is forecast to post earnings per share of RM0.043 for next year compared to RM0.022 last year.
Price Target Changed • Feb 27Price target increased by 12% to RM0.72Up from RM0.64, the current price target is an average from 3 analysts. New target price is 12% above last closing price of RM0.65. Stock is up 28% over the past year. The company is forecast to post earnings per share of RM0.032 for next year compared to RM0.032 last year.
分析記事 • May 08QES Group Berhad's (KLSE:QES) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that QES Group Berhad's ( KLSE:QES ) recent earnings didn't contain any surprises...
お知らせ • Apr 27QES Group Berhad, Annual General Meeting, Jun 26, 2026QES Group Berhad, Annual General Meeting, Jun 26, 2026, at 10:00 Singapore Standard Time. Location: corporate meetings by envivo, ground floor, lobby 1, crystal plaza, no. 4, jalan 51a/223, 46100 petaling jaya, selangor, Malaysia
Buy Or Sell Opportunity • Apr 22Now 22% overvaluedOver the last 90 days, the stock has fallen 2.3% to RM0.43. 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 21%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Declared Dividend • Mar 01Dividend of RM0.0075 announcedShareholders will receive a dividend of RM0.0075. Ex-date: 13th March 2026 Payment date: 30th March 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 28Full year 2025 earnings released: EPS: RM0.02 (vs RM0.021 in FY 2024)Full year 2025 results: EPS: RM0.02 (down from RM0.021 in FY 2024). Revenue: RM266.8m (down 1.0% from FY 2024). Net income: RM16.3m (down 5.7% from FY 2024). Profit margin: 6.1% (down from 6.4% in FY 2024). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 27QES Group Berhad announces Annual dividend, payable on March 30, 2026QES Group Berhad announced Annual dividend of MYR 0.0075 per share payable on March 30, 2026, ex-date on March 13, 2026 and record date on March 16, 2026.
お知らせ • Nov 22QES Group Berhad Reports Consolidated Property, Plant and Equipment Written Off for the Third Quarter Ended 30 September 2025QES Group Berhad reported consolidated Property, plant and equipment written off for the third quarter ended 30 September 2025. For the quarter, the company reported Property, plant and equipment written off of MYR 32,000 against MYR 1,000 a year ago.
分析記事 • Nov 19Is QES Group Berhad (KLSE:QES) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: RM0.005 (vs RM0.001 in 3Q 2024)Third quarter 2025 results: EPS: RM0.005 (up from RM0.001 in 3Q 2024). Revenue: RM68.5m (up 17% from 3Q 2024). Net income: RM3.71m (up 201% from 3Q 2024). Profit margin: 5.4% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
分析記事 • Oct 16QES Group Berhad (KLSE:QES) Looks Just Right With A 25% Price JumpQES Group Berhad ( KLSE:QES ) shareholders would be excited to see that the share price has had a great month, posting...
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: RM0.005 (vs RM0.008 in 2Q 2024)Second quarter 2025 results: EPS: RM0.005 (down from RM0.008 in 2Q 2024). Revenue: RM77.4m (up 14% from 2Q 2024). Net income: RM4.43m (down 30% from 2Q 2024). Profit margin: 5.7% (down from 9.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
分析記事 • Jul 14These 4 Measures Indicate That QES Group Berhad (KLSE:QES) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Jun 21New 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 8.7% 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 (8.7% average weekly change). Market cap is less than US$100m (RM300.0m market cap, or US$70.5m).
Major Estimate Revision • May 30Consensus revenue estimates fall by 16%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from RM303.6m to RM255.8m. EPS estimate fell from RM0.029 to RM0.017 per share. Net income forecast to grow 5.1% next year vs 16% growth forecast for Electronic industry in Malaysia. Consensus price target down from RM0.53 to RM0.47. Share price fell 7.8% to RM0.35 over the past week.
分析記事 • May 27Things Look Grim For QES Group Berhad (KLSE:QES) After Today's DowngradeThe latest analyst coverage could presage a bad day for QES Group Berhad ( KLSE:QES ), with the analysts making...
Reported Earnings • May 04Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: RM0.021 (down from RM0.022 in FY 2023). Revenue: RM269.6m (up 12% from FY 2023). Net income: RM17.3m (down 6.2% from FY 2023). Profit margin: 6.4% (down from 7.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 11% per year and the company’s share price has also fallen by 11% per year.
お知らせ • Apr 25QES Group Berhad, Annual General Meeting, Jun 18, 2025QES Group Berhad, Annual General Meeting, Jun 18, 2025, at 10:00 Singapore Standard Time. Location: ballroom iii, tropicana golf & country club, jalan kelab tropicana, 47410 petaling jaya, selangor, Malaysia
分析記事 • Apr 06QES Group Berhad's (KLSE:QES) P/E Still Appears To Be ReasonableWith a price-to-earnings (or "P/E") ratio of 19.5x QES Group Berhad ( KLSE:QES ) may be sending bearish signals at the...
Declared Dividend • Mar 01Final dividend of RM0.003 announcedShareholders will receive a dividend of RM0.003. Ex-date: 14th March 2025 Payment date: 28th March 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.3%.
分析記事 • Jan 14Returns At QES Group Berhad (KLSE:QES) Appear To Be Weighed DownIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
New Risk • Jan 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: RM450.4m (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (5.2% net profit margin). Market cap is less than US$100m (RM450.4m market cap, or US$100.0m).
Price Target Changed • Dec 11Price target decreased by 7.1% to RM0.80Down from RM0.86, the current price target is an average from 3 analysts. New target price is 41% above last closing price of RM0.57. Stock is up 16% over the past year. The company is forecast to post earnings per share of RM0.03 for next year compared to RM0.022 last year.
分析記事 • Nov 25QES Group Berhad's (KLSE:QES) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that QES Group Berhad's ( KLSE:QES ) recent earnings didn't contain any surprises...
Major Estimate Revision • Nov 25Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from RM295.4m to RM259.9m. EPS estimate unchanged from RM0.03 per share at last update. Electronic industry in Malaysia expected to see average net income growth of 27% next year. Consensus price target down from RM0.86 to RM0.84. Share price was steady at RM0.51 over the past week.
New Risk • Nov 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% 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 Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (5.2% net profit margin). Market cap is less than US$100m (RM433.8m market cap, or US$96.9m).
New Risk • Oct 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: RM421.2m (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (6.5% net profit margin). Market cap is less than US$100m (RM421.2m market cap, or US$98.2m).
お知らせ • Sep 20+ 3 more updatesQES Group Berhad Announces Appointment of Cik Wan Fatimah Suriani Binti Ibrahim as Independent and Non Executive DirectorQES Group Berhad announced Appointment of CIK WAN FATIMAH SURIANI BINTI IBRAHIM as Independent and Non Executive Director. Age is 57. Date of change is September 20, 2024. Qualifications; Professional Qualification is Association of Chartered Certified Accountants (ACCA) from Financial Training Company, UK. Degree in BA(Hons) Accountancy from Newcastle Upon Tyne Polytechnic, UK. From August 2015 to June 2022, served as a Director at Independent Data Services Holdings Pte Ltd. and Finance Director at Independent Data Services (Asia) Sdn Bhd. The company focuses on software development and operational reporting solutions for the upstream oil and gas industry. Responsibilities included financial and audit matters, business planning, tax-related reporting, ensured compliance with regulatory requirements across multiple jurisdictions and representing IDS group in dealing with shareholders. Next, she have been serving as the Technology Center Controller at Schlumberger Asia Support Sdn. Bhd. since July 2022 until current. She responsible for the overall financial management and coordination of a technology center. Role includes overseeing the integration of IDS group financials within Schlumberger and assisting with the rollout of IDS entities, focusing on financial reporting, audits, and tax alignment within Schlumberger's strategic planning framework.
Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: RM0.008 (vs RM0.008 in 2Q 2023)Second quarter 2024 results: EPS: RM0.008 (in line with 2Q 2023). Revenue: RM68.0m (up 1.6% from 2Q 2023). Net income: RM6.37m (down 7.4% from 2Q 2023). Profit margin: 9.4% (in line with 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
分析記事 • Aug 08Is QES Group Berhad (KLSE:QES) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Board Change • Jul 11High number of new directorsIndependent Non Executive Director . Gunasegaran was the last director to join the board, commencing their role in 2024.
お知らせ • Jul 04+ 10 more updatesQES Group Berhad Announces Appointment of Gunasegaran A/L Muthusamy as Independent and Non Executive Non Executive DirectorQES Group Berhad announced appointment of Dr. Gunasegaran A/L Muthusamy, age 60 as Independent and Non Executive Non Executive Director, effective July 01, 2024. Dr. Gunasegaran completed his Diploma in Post Graduate Diploma in Management Science, 2000 from National Institute of Public Administration (INTAN); Degree in Bachelor of Science (Housing, Building and Planning) with Hons (Majoring in Management), 1987 University Sains Malaysia;Masters in Master of Science (Management), 2001 from University Utara Malaysia; Doctorate in PhD in Business Administration, 2011 from Curtin University, Western Australia. Dr. Gunasegaran is an internationally recognized leader at the Inland Revenue Board Malaysia (IRBM), with extensive professional experience and significant executive leadership accomplishments. Starting his career in 1988, he has over 30 years of expertise in leading tax research, managing business operations, directing international training and innovation programs, and overseeing information processing, all contributing to the organization's strategic and operational success. He is skilled in creating sustainable growth strategies, delivering data-driven insights, and ensuring informed decision-making. An expert in financial affairs, strategic planning, project management, and data analysis, Dr. Gunasegaran has also served on committees at both national and organizational levels from 2012 to 2023. He has a proven ability to lead consultations, build consensus, and cultivate relationships with diverse global organizations.
分析記事 • Jun 08QES Group Berhad's (KLSE:QES) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 38.1x QES Group Berhad ( KLSE:QES ) may be sending very bearish signals at...
お知らせ • Jun 01+ 5 more updatesQES Group Berhad Announces Retirement of Hoh Chee Mun as Independent and Non Executive Member of Audit CommitteeQES Group Berhad announced retirement of Mr. Hoh Chee Mun, age 59 as Independent and Non Executive Member of Audit Committee, effective May 31, 2024. Composition of Remuneration Committee(Name and Directorate of members after change): Chairperson: Ms. Wong Pek Yee (Independent Non-Executive Director); Member: Pn. Maznida binti Mokhtar (Independent Non-Executive Director). Mr. Hoh Chee Mun retired at 10th AGM.
Major Estimate Revision • May 27Consensus EPS estimates increase by 26%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from RM305.9m to RM298.3m. EPS estimate rose from RM0.034 to RM0.043. Net income forecast to grow 46% next year vs 27% growth forecast for Electronic industry in Malaysia. Consensus price target up from RM0.72 to RM0.85. Share price rose 4.5% to RM0.70 over the past week.
Reported Earnings • May 21First quarter 2024 earnings released: EPS: RM0.003 (vs RM0.006 in 1Q 2023)First quarter 2024 results: EPS: RM0.003 (down from RM0.006 in 1Q 2023). Revenue: RM56.4m (down 1.5% from 1Q 2023). Net income: RM2.51m (down 47% from 1Q 2023). Profit margin: 4.4% (down from 8.3% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Price Target Changed • May 21Price target increased by 18% to RM0.85Up from RM0.72, the current price target is provided by 1 analyst. New target price is 32% above last closing price of RM0.65. Stock is up 23% over the past year. The company is forecast to post earnings per share of RM0.043 for next year compared to RM0.022 last year.
分析記事 • May 09Here's Why QES Group Berhad (KLSE:QES) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • May 01QES Group Berhad, Annual General Meeting, May 31, 2024QES Group Berhad, Annual General Meeting, May 31, 2024, at 10:00 Singapore Standard Time. Agenda: To consider the Audited Financial Statements of the Company and the Group for the financial year ended 31 December 2023 together with the Reports of the Directors and the Auditors thereon; to consider and approve the payment of Directors fees; to consider and re-appoint Messrs. KPMG PLT as Auditors of the Company and to authorise the Directors to fix their remuneration; and to consider and approve the other business matters.
New Risk • Apr 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: RM467.1m (US$97.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Declared Dividend • Feb 26Dividend of RM0.005 announcedShareholders will receive a dividend of RM0.005. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.3%. Payout Ratios Payout ratio: 19%. Cash payout ratio: 106%.
Reported Earnings • Feb 24Full year 2023 earnings released: EPS: RM0.022 (vs RM0.032 in FY 2022)Full year 2023 results: EPS: RM0.022 (down from RM0.032 in FY 2022). Revenue: RM240.7m (down 9.0% from FY 2022). Net income: RM18.5m (down 30% from FY 2022). Profit margin: 7.7% (down from 10.0% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: RM0.005 (vs RM0.011 in 3Q 2022)Third quarter 2023 results: EPS: RM0.005 (down from RM0.011 in 3Q 2022). Revenue: RM54.2m (down 25% from 3Q 2022). Net income: RM4.31m (down 55% from 3Q 2022). Profit margin: 8.0% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 23QES Group Berhad Reports Property, Plant and Equipment Written Off for the Quarter Ended June 30, 2023QES Group Berhad reported Property, plant and equipment written off for the quarter ended June 30, 2023. For the quarter, the company reported Property, plant and equipment written off of MYR 2,000.
Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: RM0.008 (vs RM0.006 in 2Q 2022)Second quarter 2023 results: EPS: RM0.008 (up from RM0.006 in 2Q 2022). Revenue: RM67.0m (up 26% from 2Q 2022). Net income: RM6.88m (up 46% from 2Q 2022). Profit margin: 10% (up from 8.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
分析記事 • Jun 15Why QES Group Berhad (KLSE:QES) Could Be Worth WatchingQES Group Berhad ( KLSE:QES ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...
Reported Earnings • May 20First quarter 2023 earnings released: EPS: RM0.006 (vs RM0.008 in 1Q 2022)First quarter 2023 results: EPS: RM0.006 (down from RM0.008 in 1Q 2022). Revenue: RM57.3m (down 14% from 1Q 2022). Net income: RM4.76m (down 29% from 1Q 2022). Profit margin: 8.3% (down from 10% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Feb 27Price target increased by 12% to RM0.72Up from RM0.64, the current price target is an average from 3 analysts. New target price is 12% above last closing price of RM0.65. Stock is up 28% over the past year. The company is forecast to post earnings per share of RM0.032 for next year compared to RM0.032 last year.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: RM0.032 (vs RM0.023 in FY 2021)Full year 2022 results: EPS: RM0.032 (up from RM0.023 in FY 2021). Revenue: RM264.4m (up 19% from FY 2021). Net income: RM26.4m (up 39% from FY 2021). Profit margin: 10.0% (up from 8.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Dec 28QES Group Berhad's (KLSE:QES) Returns On Capital Not Reflecting Well On The BusinessWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Dec 08Is QES Group Berhad (KLSE:QES) Potentially Undervalued?While QES Group Berhad ( KLSE:QES ) might not be the most widely known stock at the moment, it led the KLSE gainers...
Major Estimate Revision • Nov 29Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from RM254.5m to RM257.9m. EPS estimate increased from RM0.03 to RM0.03 per share. Net income forecast to grow 7.8% next year vs 9.8% growth forecast for Electronic industry in Malaysia. Consensus price target broadly unchanged at RM0.64. Share price was steady at RM0.56 over the past week.
Reported Earnings • Nov 23Third quarter 2022 earnings released: EPS: RM0.011 (vs RM0.005 in 3Q 2021)Third quarter 2022 results: EPS: RM0.011 (up from RM0.005 in 3Q 2021). Revenue: RM72.0m (up 39% from 3Q 2021). Net income: RM9.52m (up 152% from 3Q 2021). Profit margin: 13% (up from 7.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 11Here's Why We Think QES Group Berhad (KLSE:QES) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Buying Opportunity • Nov 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be RM0.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 42% in the next 2 years.
分析記事 • Oct 18Does QES Group Berhad (KLSE:QES) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
お知らせ • Aug 25QES Group Berhad Announces Resignation of Chew Ne Weng as Member of Remuneration CommitteeQES Group Berhad announced resignation of Mr. Chew Ne Weng, age 59, as Executive, Member of Remuneration Committee. Date of change is August 4, 2022. Composition of Remuneration Committee(Name and Directorate of members after change) Chairman: Hoh Chee Mun (Independent Non- Executive Director). Members: Maznida Binti Mokhtar (Independent Non- Executive Director), Wong Pek Yee (Independent Non- Executive Director).
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: RM0.006 (vs RM0.005 in 2Q 2021)Second quarter 2022 results: EPS: RM0.006 (up from RM0.005 in 2Q 2021). Revenue: RM53.1m (down 2.2% from 2Q 2021). Net income: RM4.73m (up 23% from 2Q 2021). Profit margin: 8.9% (up from 7.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 8.4%, compared to a 17% growth forecast for the Electronic industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 45% per year.
Buying Opportunity • Aug 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.5%. The fair value is estimated to be RM0.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 42% in the next 2 years.
お知らせ • Jun 17+ 10 more updatesQES Group Berhad Announces Appointment of Miss Wong Pek Yee as Independent and Non Executive DirectorQES Group Berhad announced appointment of Miss Wong Pek Yee as Independent and Non Executive director. Age is 65. Qualifications is Degree is BSc in Economics & Accounting (Hons) from University of Hull, United Kingdom and Professional Qualification is ACA & FCA from Institute of Chartered Accountants of England and Wales. Working experience and occupation is Ms. Wong Pek Yee has gained over 37 years of work experiences in London and Malaysia, covering the wide spectrum of industries which include tax consultancy, financial services and manufacturing sectors. She is currently sitting on the Board of RHB Insurance Berhad as Senior Independent Non-Executive Director, which commenced in year 2018. She is currently the Chairman of the Board Risk Committee and a member of the Board Investment Committee and Board Audit Committee of RHB Insurance Berhad. She was an Independent Non-Executive Director of Pengurusan Aset Air Berhad (PAAB) from 1 July 2019 to 30 August 2020 and Acqua SPV Berhad, a subsidiary of Pengurusan Aset Air Berhad from 1 June 2020 to 30 November 2020. She sat as the Chairperson of the Board Audit and Risk Committee and as a member of the Board Compliance and Integrity Committee during her period with PAAB.
Reported Earnings • May 19First quarter 2022 earnings released: EPS: RM0.008 (vs RM0.008 in 1Q 2021)First quarter 2022 results: EPS: RM0.008 (vs RM0.008 in 1Q 2021). Revenue: RM66.3m (up 26% from 1Q 2021). Net income: RM6.72m (down 3.2% from 1Q 2021). Profit margin: 10% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.4%, compared to a 19% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • May 18Is QES Group Berhad (KLSE:QES) Potentially Undervalued?While QES Group Berhad ( KLSE:QES ) might not be the most widely known stock at the moment, it led the KLSE gainers...
Price Target Changed • Apr 27Price target increased to RM0.66Up from RM0.24, the current price target is provided by 1 analyst. New target price is 17% above last closing price of RM0.56. Stock is down 19% over the past year. The company is forecast to post earnings per share of RM0.027 for next year compared to RM0.023 last year.
分析記事 • Apr 05Investors Could Be Concerned With QES Group Berhad's (KLSE:QES) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
分析記事 • Mar 07Is QES Group Berhad (KLSE:QES) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
お知らせ • Feb 24QES Group Berhad Announces Final Dividend for the Financial Year Ended December 31, 2021, Payable on March 31, 2022QES Group Berhad announced final dividend of 0.40 sen per ordinary share in respect of the financial year ended December 31, 2021, payable on March 31, 2022. Entitlement date to be March 10, 2022. Ex-date to be March 9, 2022.
Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: RM0.023 (up from RM0.011 in FY 2020). Revenue: RM222.8m (up 44% from FY 2020). Net income: RM19.0m (up 119% from FY 2020). Profit margin: 8.5% (up from 5.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 51%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Nov 27QES Group Berhad (KLSE:QES) Seems To Use Debt Quite SensiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Nov 19Third quarter 2021 earnings released: EPS RM0.005 (vs RM0.002 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: RM51.7m (up 44% from 3Q 2020). Net income: RM3.77m (up 132% from 3Q 2020). Profit margin: 7.3% (up from 4.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS RM0.005 (vs RM0.003 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM54.3m (up 40% from 2Q 2020). Net income: RM3.86m (up 50% from 2Q 2020). Profit margin: 7.1% (up from 6.6% in 2Q 2020). The increase in margin was driven by higher revenue.
分析記事 • Jun 15Is QES Group Berhad (KLSE:QES) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...