Reported Earnings • May 29
First quarter 2026 earnings released: EPS: RM0.021 (vs RM0.024 in 1Q 2025) First quarter 2026 results: EPS: RM0.021 (down from RM0.024 in 1Q 2025). Revenue: RM74.1m (up 4.2% from 1Q 2025). Net income: RM3.05m (down 13% from 1Q 2025). Profit margin: 4.1% (down from 5.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • May 02
Final dividend increased to RM0.031 Dividend of RM0.031 is 41% higher than last year. Ex-date: 15th July 2026 Payment date: 30th July 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 29
Unimech Group Berhad, Annual General Meeting, Jun 24, 2026 Unimech Group Berhad, Annual General Meeting, Jun 24, 2026, at 11:00 Singapore Standard Time. Location: fullerton suite, level 5 victory annexe wing, eastern & oriental hotel, no.10 lebuh farquhar, 10200 george town, pulau pinang, Malaysia Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: RM0.17 (vs RM0.14 in FY 2024) Full year 2025 results: EPS: RM0.17 (up from RM0.14 in FY 2024). Revenue: RM330.1m (up 2.9% from FY 2024). Net income: RM25.1m (up 19% from FY 2024). Profit margin: 7.6% (up from 6.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Aankondiging • Feb 28
UNIMECH GROUP BERHAD Proposes a Final Single Tier Dividend for the Year Ended 31 December 2025 UNIMECH GROUP BERHAD proposed a final single tier dividend of 3.1 sen per share in respect of the year ended 31 December 2025 which is subject to the approval of the shareholders at the forthcoming 29th Annual General Meeting of the Company. The date of entitlement and payment of the dividend will be determined and announced in due course. Declared Dividend • Nov 21
Dividend reduced to RM0.02 Dividend of RM0.02 is 20% lower than last year. Ex-date: 4th December 2025 Payment date: 30th December 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.5%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 20
Third quarter 2025 earnings released: EPS: RM0.052 (vs RM0.04 in 3Q 2024) Third quarter 2025 results: EPS: RM0.052 (up from RM0.04 in 3Q 2024). Revenue: RM88.2m (up 3.9% from 3Q 2024). Net income: RM7.56m (up 28% from 3Q 2024). Profit margin: 8.6% (up from 6.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: RM0.075 (vs RM0.048 in 2Q 2024) Second quarter 2025 results: EPS: RM0.075 (up from RM0.048 in 2Q 2024). Revenue: RM85.5m (up 1.9% from 2Q 2024). Net income: RM11.0m (up 57% from 2Q 2024). Profit margin: 13% (up from 8.4% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jul 08
Upcoming dividend of RM0.022 per share Eligible shareholders must have bought the stock before 15 July 2025. Payment date: 30 July 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Malaysian dividend payers (5.5%). Higher than average of industry peers (2.3%). Reported Earnings • Jun 02
First quarter 2025 earnings released: EPS: RM2.40 (vs RM0.03 in 1Q 2024) First quarter 2025 results: EPS: RM2.40. Revenue: RM71.1m (down 2.0% from 1Q 2024). Net income: RM3.53m (down 19% from 1Q 2024). Profit margin: 5.0% (down from 6.0% in 1Q 2024). Declared Dividend • May 02
Final dividend reduced to RM0.022 Dividend of RM0.022 is 44% lower than last year. Ex-date: 15th July 2025 Payment date: 30th July 2025 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Aankondiging • Apr 30
Unimech Group Berhad, Annual General Meeting, Jun 23, 2025 Unimech Group Berhad, Annual General Meeting, Jun 23, 2025, at 11:00 Singapore Standard Time. Location: fullerton suite, level 5, victory annexe wing, eastern & oriental hotel, 10 lebuh farquhar, 10200 george town, pulau pinang, Malaysia Board Change • Apr 04
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. Non-Independent & Non-Executive Director Tatsufumi Yoshida was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 28
Full year 2024 earnings released: EPS: RM0.16 (vs RM0.20 in FY 2023) Full year 2024 results: EPS: RM0.16 (down from RM0.20 in FY 2023). Revenue: RM322.2m (down 2.5% from FY 2023). Net income: RM23.3m (down 21% from FY 2023). Profit margin: 7.2% (down from 9.0% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Aankondiging • Feb 26
Unimech Group Berhad Proposes Final Single Tier Dividend in Respect of the Year Ended 31 December 2024 The Board of Directors of Unimech Group Berhad proposed a final single tier dividend of 2.2 sen per share in respect of the year ended 31 December 2024 which is subject to the approval of the shareholders at the forthcoming 28th Annual General Meeting of the Company. Aankondiging • Nov 29
Unimech Group Berhad Announces First Interim Single-Tier Dividend for the Financial Year Ending 31 December 2024, Payable on 30 December 2024 Unimech Group Berhad announced First interim single-tier dividend of 2.5 Sen per share for the financial year ending 31 December 2024. Ex-Date: 13 December 2024, Entitlement date: 16 December 2024 and Payment Date: 30 December 2024. Declared Dividend • Nov 29
Dividend of RM0.025 announced Shareholders will receive a dividend of RM0.025. Ex-date: 13th December 2024 Payment date: 30th December 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 6.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 27
Third quarter 2024 earnings released: EPS: RM0.04 (vs RM0.05 in 3Q 2023) Third quarter 2024 results: EPS: RM0.04 (down from RM0.05 in 3Q 2023). Revenue: RM84.9m (flat on 3Q 2023). Net income: RM5.90m (down 20% from 3Q 2023). Profit margin: 6.9% (down from 8.7% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. New Risk • Sep 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.1% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (RM231.9m market cap, or US$55.6m). Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to RM1.67, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 20x in the Machinery industry in Malaysia. Total returns to shareholders of 30% over the past three years. Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: RM0.048 (vs RM0.055 in 2Q 2023) Second quarter 2024 results: EPS: RM0.048 (down from RM0.055 in 2Q 2023). Revenue: RM83.9m (up 2.3% from 2Q 2023). Net income: RM7.02m (down 14% from 2Q 2023). Profit margin: 8.4% (down from 9.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 08
Upcoming dividend of RM0.039 per share Eligible shareholders must have bought the stock before 15 July 2024. Payment date: 30 July 2024. Payout ratio is a comfortable 32% and the cash payout ratio is 99%. Trailing yield: 3.9%. Lower than top quartile of Malaysian dividend payers (4.5%). Higher than average of industry peers (1.4%). Aankondiging • Jul 02
Unimech Group Berhad Appoints Tatsufumi Yoshida as Non-Independent and Non-Executive Director Unimech Group Berhad announced appointment of Mr. Tatsufumi Yoshida as non-independent and non-executive director. Date of change is 2 July 2024. Age: 50. Qualifications: Degree, Bachelor of Business Administration, The University of Houston-Downtown United States. Working experience and occupation: Mr. Tatsufumi Yoshida joined KITZ Corporation in 2008. He was appointed as Manager of the America Sales Group, International Sales Department in 2010 and Europe Sales Group in 2012. In 2014, he was promoted as Manager in the International Business Operation Department. In 2015, Mr. Yoshida was posted to KITZ Corporation of America and assumed the position of General Manager. Subsequently, in 2016 he was promoted to Vice President where he served until December 2023. Currently he is the Managing Director of KITZ Asia Pacific Pte. Lte. Reported Earnings • May 30
First quarter 2024 earnings released: EPS: RM0.03 (vs RM0.046 in 1Q 2023) First quarter 2024 results: EPS: RM0.03 (down from RM0.046 in 1Q 2023). Revenue: RM72.5m (down 8.1% from 1Q 2023). Net income: RM4.37m (down 36% from 1Q 2023). Profit margin: 6.0% (down from 8.6% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 02
Final dividend reduced to RM0.039 Dividend of RM0.039 is 7.1% lower than last year. Ex-date: 15th July 2024 Payment date: 30th July 2024 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 8.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: RM0.20 (vs RM0.21 in FY 2022) Full year 2023 results: EPS: RM0.20 (down from RM0.21 in FY 2022). Revenue: RM330.7m (flat on FY 2022). Net income: RM29.0m (down 7.6% from FY 2022). Profit margin: 8.8% (down from 9.4% in FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 28
Unimech Group Berhad Proposes Final Single Tier Dividend for the Financial Year Ended 31 December 2023 The Board of Directors of Unimech Group Berhad proposed a final single tier dividend of 3.9 sen per share in respect of the year ended 31 December 2023 which is subject to the approval of the shareholders at the forthcoming 27th Annual General Meeting of the Company. Upcoming Dividend • Dec 05
Upcoming dividend of RM0.02 per share at 3.4% yield Eligible shareholders must have bought the stock before 12 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Malaysian dividend payers (5.1%). In line with average of industry peers (3.3%). Aankondiging • Nov 29
Unimech Group Berhad Announces First Interim Single-Tier Dividend for the Financial Year Ending 31 December 2023, Payable on 29 December 2023 Unimech Group Berhad announced first interim single-tier dividend of 2.0 Sen per share for the financial year ending 31 December 2023. Ex-date is 12 December 2023. Payment date is 29 December 2023. Reported Earnings • Nov 28
Third quarter 2023 earnings released: EPS: RM0.05 (vs RM0.074 in 3Q 2022) Third quarter 2023 results: EPS: RM0.05 (down from RM0.074 in 3Q 2022). Revenue: RM84.5m (down 6.7% from 3Q 2022). Net income: RM7.34m (down 33% from 3Q 2022). Profit margin: 8.7% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to RM1.95, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 21x in the Machinery industry in Malaysia. Total returns to shareholders of 86% over the past three years. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: RM0.055 (vs RM0.046 in 2Q 2022) Second quarter 2023 results: EPS: RM0.055 (up from RM0.046 in 2Q 2022). Revenue: RM82.0m (down 3.2% from 2Q 2022). Net income: RM8.12m (up 19% from 2Q 2022). Profit margin: 9.9% (up from 8.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 02
Now 20% undervalued Over the last 90 days, the stock is up 2.5%. The fair value is estimated to be RM2.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 18%. Buying Opportunity • Jul 07
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be RM2.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 18%. Upcoming Dividend • Jul 06
Upcoming dividend of RM0.042 per share at 3.8% yield Eligible shareholders must have bought the stock before 13 July 2023. Payment date: 27 July 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (2.7%). Reported Earnings • May 30
First quarter 2023 earnings released: EPS: RM0.046 (vs RM0.041 in 1Q 2022) First quarter 2023 results: EPS: RM0.046 (up from RM0.041 in 1Q 2022). Revenue: RM79.0m (up 4.7% from 1Q 2022). Net income: RM6.82m (up 13% from 1Q 2022). Profit margin: 8.6% (up from 8.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: RM0.21 (vs RM0.16 in FY 2021) Full year 2022 results: EPS: RM0.21 (up from RM0.16 in FY 2021). Revenue: RM332.4m (up 15% from FY 2021). Net income: RM30.7m (up 28% from FY 2021). Profit margin: 9.2% (up from 8.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year. Upcoming Dividend • Dec 05
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 12 December 2022. Payment date: 29 December 2022. Payout ratio is a comfortable 23% and the cash payout ratio is 78%. Trailing yield: 3.1%. Lower than top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (2.7%). Aankondiging • Nov 25
Unimech Group Berhad Announces First Interim Single-Tier Dividend for the Financial Year Ending 31 Dec. 2022, Payment Date 29 Dec. 2022 Unimech Group Berhad announced First interim single-tier dividend of 2 sen per share for the financial year ending 31 Dec. 2022. Ex-Date 12 Dec. 2022. Entitlement date 13 Dec. 2022. Payment Date 29 Dec. 2022. Reported Earnings • Nov 25
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: RM90.5m (up 24% from 3Q 2021). Net income: RM10.9m (up 83% from 3Q 2021). Profit margin: 12% (up from 8.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. 1 independent director (6 non-independent directors). Independent Non-Executive Chairman Ching See was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Sep 12
Now 21% undervalued Over the last 90 days, the stock is up 2.9%. The fair value is estimated to be RM1.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 7.3%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 2.2% in the next 2 years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: RM0.046 (vs RM0.032 in 2Q 2021) Second quarter 2022 results: EPS: RM0.046 (up from RM0.032 in 2Q 2021). Revenue: RM84.8m (up 29% from 2Q 2021). Net income: RM6.85m (up 45% from 2Q 2021). Profit margin: 8.1% (up from 7.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.1%, compared to a 26% growth forecast for the Machinery industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • Jun 18
Unimech Group Berhad Appoints Khoo Gim See as Independent and Non Executive Member of Nomination and Remuneration Committee Unimech Group Berhad announced appointment of Madam Khoo Gim See, age 54, as Independent and Non Executive Member of Nomination and Remuneration Committee. Date of change is June 17, 2022. Composition of Nomination and Remuneration Committee: Encik Khairilanuar Bin Tun Abdul Rahman (Chairman), Mr. Teh Eng Aun (Member), Dato' Seri Abdul Rafique Bin Abdul Karim (Member), and Mdm Khoo Gim See (Member). Reported Earnings • May 27
First quarter 2022 earnings released: EPS: RM0.041 (vs RM0.032 in 1Q 2021) First quarter 2022 results: EPS: RM0.041 (up from RM0.032 in 1Q 2021). Revenue: RM75.4m (up 7.4% from 1Q 2021). Net income: RM6.05m (up 28% from 1Q 2021). Profit margin: 8.0% (up from 6.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.1%, compared to a 45% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 02
Unimech Group Berhad, Annual General Meeting, Jun 29, 2022 Unimech Group Berhad, Annual General Meeting, Jun 29, 2022, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the year ended 31 December 2021 together with the reports of the Directors and Auditors thereon; to declare a Final Single Tier Dividend of 3.0 sen per share for the year ended 31 December 2021; to re-elect the Directors; to appoint Messrs. UHY as Auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration; to consider the payment of Directors' Fees and benefits for the financial year ending 31 December 2022; to consider the authority to Issue Shares; and to consider the renewal of Authority to Purchase its own Shares. Price Target Changed • Apr 28
Price target increased to RM2.05 Up from RM0.75, the current price target is provided by 1 analyst. New target price is 47% above last closing price of RM1.39. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of RM0.17 for next year compared to RM0.15 last year. Board Change • Apr 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Non-Executive Chairman Ching See was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 02
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: RM0.15 (up from RM0.11 in FY 2020). Revenue: RM289.9m (up 12% from FY 2020). Net income: RM22.0m (up 33% from FY 2020). Profit margin: 7.6% (up from 6.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Aankondiging • Mar 01
Unimech Group Berhad Proposes Final Single Tier Dividend for the Year Ended 31 December 2021 The Board of Directors of Unimech Group Berhad proposed a final single tier dividend of 3.0 sen per share in respect of the year ended 31 December 2021 which is subject to the approval of the shareholders at the forthcoming 25th Annual General Meeting of the Company. Upcoming Dividend • Dec 01
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 08 December 2021. Payment date: 29 December 2021. Trailing yield: 2.3%. Lower than top quartile of Malaysian dividend payers (4.6%). Higher than average of industry peers (1.0%). Reported Earnings • Nov 25
Third quarter 2021 earnings: EPS and revenues miss analyst expectations Third quarter 2021 results: EPS: RM0.04 (up from RM0.039 in 3Q 2020). Revenue: RM73.1m (up 1.8% from 3Q 2020). Net income: RM5.95m (up 1.2% from 3Q 2020). Profit margin: 8.2% (in line with 3Q 2020). Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) also missed analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Sep 16
Second quarter 2021 earnings released: EPS RM0.032 (vs RM0.019 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM65.7m (up 24% from 2Q 2020). Net income: RM4.74m (up 66% from 2Q 2020). Profit margin: 7.2% (up from 5.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Aug 19
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Non-Executive Chairman Ching See was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Jul 08
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 15 July 2021. Payment date: 30 July 2021. Trailing yield: 2.5%. Lower than top quartile of Malaysian dividend payers (4.1%). Higher than average of industry peers (1.1%). Aankondiging • May 29
Unimech Group Berhad Proposes Final Single Tier Dividend in Respect of Financial Year Ended 31 December 2020 The Board of Directors of Unimech Group Berhad proposed a final single tier dividend of 2.0 sen per share in respect of the financial year ended 31 December 2020. The proposed dividend payment is amounting to MYR 2.970 million if based on the issued and paid-up capital as at 31 December 2020 of 148,501,500 ordinary shares (excluding treasury shares held by the Company). The proposed dividend is subject to the shareholders' approval at the forthcoming Annual General Meeting. Reported Earnings • May 29
First quarter 2021 earnings released: EPS RM0.032 (vs RM0.028 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM70.2m (up 6.9% from 1Q 2020). Net income: RM4.73m (up 11% from 1Q 2020). Profit margin: 6.7% (up from 6.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS RM0.12 (vs RM0.16 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM262.5m (down 5.4% from FY 2019). Net income: RM17.2m (down 27% from FY 2019). Profit margin: 6.6% (down from 8.5% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 16% per year. Is New 90 Day High Low • Feb 04
New 90-day high: RM1.73 The company is up 40% from its price of RM1.24 on 06 November 2020. The Malaysian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 32% over the same period. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 16% share price gain to RM1.73, the stock is trading at a trailing P/E ratio of 12.1x, up from the previous P/E ratio of 10.4x. This compares to an average P/E of 22x in the Machinery industry in Malaysia. Total returns to shareholders over the past three years are 92%. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 16% share price gain to RM1.56, the stock is trading at a trailing P/E ratio of 10.9x, up from the previous P/E ratio of 9.4x. This compares to an average P/E of 20x in the Machinery industry in Malaysia. Total returns to shareholders over the past three years are 67%. Is New 90 Day High Low • Jan 20
New 90-day high: RM1.56 The company is up 32% from its price of RM1.18 on 22 October 2020. The Malaysian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 29% over the same period.