Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves and rubber goods in Malaysia. More Details
Outstanding track record with flawless balance sheet and pays a dividend.
Share Price & News
How has Top Glove Corporation Bhd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5OU is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 5OU's weekly volatility has decreased from 15% to 7% over the past year.
7 Day Return
DE Medical Equipment
1 Year Return
DE Medical Equipment
Return vs Industry: Insufficient data to determine how 5OU performed against the German Medical Equipment industry.
Return vs Market: Insufficient data to determine how 5OU performed against the German Market.
Long-Term Price Volatility Vs. Market
How volatile is Top Glove Corporation Bhd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Top Glove Corporation Bhd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 5OU (€4.14) is trading above our estimate of fair value (€3.34)
Significantly Below Fair Value: 5OU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 5OU is good value based on its PE Ratio (6.3x) compared to the DE Medical Equipment industry average (46.5x).
PE vs Market: 5OU is good value based on its PE Ratio (6.3x) compared to the German market (27.8x).
Price to Earnings Growth Ratio
PEG Ratio: 5OU's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 5OU is good value based on its PB Ratio (5.1x) compared to the DE Medical Equipment industry average (8x).
How is Top Glove Corporation Bhd forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5OU's earnings are forecast to decline over the next 3 years (-75.7% per year).
Earnings vs Market: 5OU's earnings are forecast to decline over the next 3 years (-75.7% per year).
High Growth Earnings: 5OU's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 5OU's revenue is expected to decline over the next 3 years (-21.5% per year).
High Growth Revenue: 5OU's revenue is forecast to decline over the next 3 years (-21.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 5OU's Return on Equity is forecast to be high in 3 years time (28.1%)
How has Top Glove Corporation Bhd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5OU has high quality earnings.
Growing Profit Margin: 5OU's current net profit margins (45.1%) are higher than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: 5OU's earnings have grown significantly by 61.7% per year over the past 5 years.
Accelerating Growth: 5OU's earnings growth over the past year (1613.2%) exceeds its 5-year average (61.7% per year).
Earnings vs Industry: 5OU earnings growth over the past year (1613.2%) exceeded the Medical Equipment industry 44.3%.
Return on Equity
High ROE: 5OU's Return on Equity (83.6%) is considered outstanding.
How is Top Glove Corporation Bhd's financial position?
Financial Position Analysis
Short Term Liabilities: 5OU's short term assets (MYR7.4B) exceed its short term liabilities (MYR3.9B).
Long Term Liabilities: 5OU's short term assets (MYR7.4B) exceed its long term liabilities (MYR309.9M).
Debt to Equity History and Analysis
Debt Level: 5OU's debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 5OU's debt to equity ratio has reduced from 26.5% to 5.8% over the past 5 years.
Debt Coverage: 5OU's debt is well covered by operating cash flow (1867%).
Interest Coverage: 5OU earns more interest than it pays, so coverage of interest payments is not a concern.
What is Top Glove Corporation Bhd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5OU's dividend (19.27%) is higher than the bottom 25% of dividend payers in the German market (1.07%).
High Dividend: 5OU's dividend (19.27%) is in the top 25% of dividend payers in the German market (3.21%)
Stability and Growth of Payments
Stable Dividend: 5OU's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5OU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.9%), 5OU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 5OU's dividends in 3 years are forecast to be covered by earnings (52.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kim Meow Lee (61 yo)
Mr. Kim Meow Lee has been the Managing Director of Top Glove Corporation Bhd. since April 7, 2009 and Medi-Flex Ltd. since March 15, 2007. Mr. Lee served as an Executive Officer of Top Glove Corporation Bh...
Experienced Management: 5OU's management team is seasoned and experienced (12 years average tenure).
Experienced Board: 5OU's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.
Top Glove Corporation Bhd.'s company bio, employee growth, exchange listings and data sources
- Name: Top Glove Corporation Bhd.
- Ticker: 5OU
- Exchange: DB
- Founded: 1991
- Industry: Health Care Supplies
- Sector: Healthcare
- Market Cap: RM41.861b
- Listing Market Cap: RM8.536b
- Shares outstanding: 8.00b
- Website: https://www.topglove.com
Number of Employees
- Top Glove Corporation Bhd.
- Top Glove Tower
- Level 21
- Shah Alam
Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves and rubber goods in Malaysia. The company offers medical examination, surgical, vinyl, an...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/10 20:25|
|End of Day Share Price||2021/04/09 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.