Eversafe Rubber Berhad, an investment holding company, develops, manufactures, and distributes tire retreading materials to tire retreaders and rubber material traders in Malaysia.
Eversafe Rubber Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.30|
|52 Week High||RM0.20|
|52 Week Low||RM0.43|
|1 Month Change||-6.15%|
|3 Month Change||-22.79%|
|1 Year Change||38.64%|
|3 Year Change||38.64%|
|5 Year Change||n/a|
|Change since IPO||-25.61%|
Recent News & Updates
These 4 Measures Indicate That Eversafe Rubber Berhad (KLSE:ESAFE) Is Using Debt Safely
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Some Investors May Be Worried About Eversafe Rubber Berhad's (KLSE:ESAFE) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Is Eversafe Rubber Berhad (KLSE:ESAFE) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Eversafe Rubber Berhad (KLSE:ESAFE) Could Be Struggling To Allocate Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
|ESAFE||MY Auto Components||MY Market|
Return vs Industry: ESAFE exceeded the MY Auto Components industry which returned 16.3% over the past year.
Return vs Market: ESAFE exceeded the MY Market which returned 9.2% over the past year.
Stable Share Price: ESAFE is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ESAFE's weekly volatility (7%) has been stable over the past year.
About the Company
|2015||211||Siang Tee Cheah||https://www.eversafe.com.my|
Eversafe Rubber Berhad, an investment holding company, develops, manufactures, and distributes tire retreading materials to tire retreaders and rubber material traders in Malaysia. The company offers masterbatches, pre-cured tread liners, camelbacks, cushion gums, repair ropes, sidewall veneers, and orbitreads. It is also involved in the tire retreading operations and provision of after-sales services.
Eversafe Rubber Berhad Fundamentals Summary
|ESAFE fundamental statistics|
Is ESAFE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ESAFE income statement (TTM)|
|Cost of Revenue||RM92.47m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.021|
|Net Profit Margin||4.39%|
How did ESAFE perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is Eversafe Rubber Berhad 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: ESAFE (MYR0.31) is trading above our estimate of fair value (MYR0.05)
Significantly Below Fair Value: ESAFE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ESAFE is good value based on its PE Ratio (14.7x) compared to the MY Auto Components industry average (22.7x).
PE vs Market: ESAFE is good value based on its PE Ratio (14.7x) compared to the MY market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ESAFE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ESAFE is overvalued based on its PB Ratio (1.1x) compared to the MY Auto Components industry average (0.6x).
How is Eversafe Rubber Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Eversafe Rubber Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Eversafe Rubber Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESAFE has high quality earnings.
Growing Profit Margin: ESAFE's current net profit margins (4.4%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: ESAFE's earnings have grown by 18.3% per year over the past 5 years.
Accelerating Growth: ESAFE's earnings growth over the past year (43.3%) exceeds its 5-year average (18.3% per year).
Earnings vs Industry: ESAFE earnings growth over the past year (43.3%) underperformed the Auto Components industry 52.1%.
Return on Equity
High ROE: ESAFE's Return on Equity (7.6%) is considered low.
How is Eversafe Rubber Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: ESAFE's short term assets (MYR75.4M) exceed its short term liabilities (MYR40.1M).
Long Term Liabilities: ESAFE's short term assets (MYR75.4M) exceed its long term liabilities (MYR11.4M).
Debt to Equity History and Analysis
Debt Level: ESAFE's debt to equity ratio (48.1%) is considered high.
Reducing Debt: ESAFE's debt to equity ratio has increased from 28% to 48.1% over the past 5 years.
Debt Coverage: ESAFE's debt is well covered by operating cash flow (20.7%).
Interest Coverage: ESAFE's interest payments on its debt are well covered by EBIT (7.6x coverage).
What is Eversafe Rubber Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ESAFE's dividend (3.28%) is higher than the bottom 25% of dividend payers in the MY market (1.5%).
High Dividend: ESAFE's dividend (3.28%) is low compared to the top 25% of dividend payers in the MY market (4.21%).
Stability and Growth of Payments
Stable Dividend: ESAFE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ESAFE has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as ESAFE has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Siang Tee Cheah (45 yo)
Mr. Siang Tee Cheah has been the Chief Executive Officer and Executive Director at Eversafe Rubber Berhad since May 30, 2016. Mr. Cheah is tasked with managing and overseeing the entire operations of Evers...
CEO Compensation Analysis
Compensation vs Market: Siang Tee's total compensation ($USD139.06K) is about average for companies of similar size in the MY market ($USD124.37K).
Compensation vs Earnings: Siang Tee's compensation has been consistent with company performance over the past year.
Experienced Management: ESAFE's management team is considered experienced (3.8 years average tenure).
Experienced Board: ESAFE's board of directors are considered experienced (5.4 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 not been meaningfully diluted in the past year.
Eversafe Rubber Berhad's employee growth, exchange listings and data sources
- Name: Eversafe Rubber Berhad
- Ticker: ESAFE
- Exchange: KLSE
- Founded: 2015
- Industry: Tires and Rubber
- Sector: Automobiles
- Market Cap: RM73.381m
- Shares outstanding: 240.59m
- Website: https://www.eversafe.com.my
Number of Employees
- Eversafe Rubber Berhad
- Lebuh Portland
- Lot 94
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 11:04|
|End of Day Share Price||2021/10/22 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.