Buy Or Sell Opportunity • Jun 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.7% to RM0.07. The fair value is estimated to be RM0.089, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 73%. Reported Earnings • May 21
First quarter 2026 earnings released: RM0.005 loss per share (vs RM0.007 loss in 1Q 2025) First quarter 2026 results: RM0.005 loss per share (improved from RM0.007 loss in 1Q 2025). Revenue: RM18.2m (down 43% from 1Q 2025). Net loss: RM1.14m (loss narrowed 28% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Board Change • Apr 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. Independent Non-Executive Director Beow Chieh Ong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 17
Eversafe Rubber Berhad, Annual General Meeting, May 19, 2026 Eversafe Rubber Berhad, Annual General Meeting, May 19, 2026, at 11:00 Singapore Standard Time. Location: conference 2, level 2, weil hotel, 292, jalan sultan idris shah, 30000 ipoh, perak, darul ridzuan, Malaysia New Risk • Apr 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (RM20.5m market cap, or US$5.08m). Minor Risk High level of debt (45% net debt to equity). Reported Earnings • Mar 01
Full year 2025 earnings released: RM0.034 loss per share (vs RM0.016 loss in FY 2024) Full year 2025 results: RM0.034 loss per share (further deteriorated from RM0.016 loss in FY 2024). Revenue: RM109.3m (up 12% from FY 2024). Net loss: RM8.29m (loss widened 114% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 21
Third quarter 2025 earnings released: RM0.009 loss per share (vs RM0.014 loss in 3Q 2024) Third quarter 2025 results: RM0.009 loss per share (improved from RM0.014 loss in 3Q 2024). Revenue: RM23.8m (up 4.4% from 3Q 2024). Net loss: RM2.13m (loss narrowed 37% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 21
Second quarter 2025 earnings released: RM0.011 loss per share (vs RM0.005 loss in 2Q 2024) Second quarter 2025 results: RM0.011 loss per share (further deteriorated from RM0.005 loss in 2Q 2024). Revenue: RM32.7m (up 43% from 2Q 2024). Net loss: RM2.57m (loss widened 121% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 05
Now 35% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to RM0.14. The fair value is estimated to be RM0.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jul 22
Now 37% overvalued Over the last 90 days, the stock has fallen 3.4% to RM0.14. The fair value is estimated to be RM0.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 23
Now 20% overvalued Over the last 90 days, the stock has fallen 14% to RM0.13. The fair value is estimated to be RM0.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • May 26
Now 32% overvalued Over the last 90 days, the stock has fallen 6.7% to RM0.14. The fair value is estimated to be RM0.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. New Risk • May 17
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (RM31.3m market cap, or US$7.28m). Reported Earnings • Apr 18
Full year 2024 earnings released: RM0.016 loss per share (vs RM0.005 profit in FY 2023) Full year 2024 results: RM0.016 loss per share (down from RM0.005 profit in FY 2023). Revenue: RM98.0m (down 16% from FY 2023). Net loss: RM3.89m (down 412% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Apr 15
Eversafe Rubber Berhad, Annual General Meeting, May 15, 2025 Eversafe Rubber Berhad, Annual General Meeting, May 15, 2025, at 11:00 Singapore Standard Time. Location: conference 3, level 2, weil hotel, 292, jalan sultan idris shah, 30000 perak, darul ridzuan, ipoh Malaysia Board Change • Apr 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. Independent Non-Executive Director Beow Chieh Ong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Full year 2024 earnings released: RM0.016 loss per share (vs RM0.005 profit in FY 2023) Full year 2024 results: RM0.016 loss per share (down from RM0.005 profit in FY 2023). Revenue: RM98.0m (down 16% from FY 2023). Net loss: RM3.89m (down 412% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • Feb 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. Independent Non-Executive Director Beow Chieh Ong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 21
Third quarter 2024 earnings released: RM0.014 loss per share (vs RM0.002 profit in 3Q 2023) Third quarter 2024 results: RM0.014 loss per share (down from RM0.002 profit in 3Q 2023). Revenue: RM22.8m (down 24% from 3Q 2023). Net loss: RM3.37m (down RM3.86m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 23
Second quarter 2024 earnings released: RM0.005 loss per share (vs RM0.005 profit in 2Q 2023) Second quarter 2024 results: RM0.005 loss per share (down from RM0.005 profit in 2Q 2023). Revenue: RM22.8m (down 26% from 2Q 2023). Net loss: RM1.16m (down 203% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. New Risk • Aug 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM43.3m (US$9.68m) This is considered a major 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 Risks Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (RM43.3m market cap, or US$9.68m). Reported Earnings • May 30
First quarter 2024 earnings released: EPS: RM0.001 (vs RM0.002 in 1Q 2023) First quarter 2024 results: EPS: RM0.001 (down from RM0.002 in 1Q 2023). Revenue: RM37.9m (up 20% from 1Q 2023). Net income: RM194.6k (down 64% from 1Q 2023). Profit margin: 0.5% (down from 1.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 59% 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. Announcement • Apr 28
Eversafe Rubber Berhad, Annual General Meeting, May 28, 2024 Eversafe Rubber Berhad, Annual General Meeting, May 28, 2024, at 11:00 Singapore Standard Time. Location: Conference 1, Level 2, WEIL Hotel, 292, Jalan Sultan Idris Shah 30000 Ipoh, Perak Darul Ridzuan Malaysia Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 and the Reports of the Directors and Auditors thereon; to re-elect Directors; to approve the Directors' fees of RM300,000.00 for the financial year ending 31 December 2024; to approve the Directors' benefits of up to RM1,500,000.00 for the period from 1 July 2024 to 30 June 2025 and to consider other matters. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: RM0.005 (vs RM0.019 loss in FY 2022) Full year 2023 results: EPS: RM0.005 (up from RM0.019 loss in FY 2022). Revenue: RM116.3m (down 20% from FY 2022). Net income: RM1.25m (up RM5.71m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 18
Third quarter 2023 earnings released: EPS: RM0.002 (vs RM0 in 3Q 2022) Third quarter 2023 results: EPS: RM0.002 (up from RM0 in 3Q 2022). Revenue: RM29.8m (down 21% from 3Q 2022). Net income: RM488.1k (up RM491.8k from 3Q 2022). Profit margin: 1.6% (up from 0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. New Risk • Oct 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM46.9m (US$9.85m) This is considered a major 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 Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 32% per year over the past 5 years. Market cap is less than US$10m (RM46.9m market cap, or US$9.85m). Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: RM0.005 (vs RM0.005 loss in 2Q 2022) Second quarter 2023 results: EPS: RM0.005 (up from RM0.005 loss in 2Q 2022). Revenue: RM30.9m (down 19% from 2Q 2022). Net income: RM1.13m (up RM2.22m from 2Q 2022). Profit margin: 3.6% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • May 25
First quarter 2023 earnings released: EPS: RM0.002 (vs RM0.004 loss in 1Q 2022) First quarter 2023 results: EPS: RM0.002 (up from RM0.004 loss in 1Q 2022). Revenue: RM31.7m (down 8.2% from 1Q 2022). Net income: RM538.7k (up RM1.53m from 1Q 2022). Profit margin: 1.7% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 03
Full year 2022 earnings released: RM0.018 loss per share (vs RM0.011 profit in FY 2021) Full year 2022 results: RM0.018 loss per share (down from RM0.011 profit in FY 2021). Revenue: RM144.9m (up 26% from FY 2021). Net loss: RM4.44m (down 261% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: RM0 (vs RM0 in 3Q 2021) Third quarter 2022 results: EPS: RM0 (in line with 3Q 2021). Revenue: RM37.8m (up 34% from 3Q 2021). Net loss: RM3.7k (down 157% from profit in 3Q 2021). Profit margin: 0% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • Nov 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non-Executive Director Beow Chieh Ong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 26
Second quarter 2022 earnings released: RM0.005 loss per share (vs RM0.006 profit in 2Q 2021) Second quarter 2022 results: RM0.005 loss per share (down from RM0.006 profit in 2Q 2021). Revenue: RM38.0m (up 20% from 2Q 2021). Net loss: RM1.10m (down 181% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jun 25
Eversafe Rubber Berhad Declares Single Tier Interim Dividend in Respect of the Financial Year Ending 31 December 2022, Payable on 22 July 2022 Eversafe Rubber Berhad declared a single tier interim dividend of 0.8 sen per ordinary share in respect of the financial year ending 31 December 2022. The single tier interim dividend will be paid on 22 July 2022 to the shareholders names appear in the record of depositors on 8 July 2022. Ex- date for the dividend is July 07, 2022. Reported Earnings • May 29
First quarter 2022 earnings released: RM0.004 loss per share (vs RM0.009 profit in 1Q 2021) First quarter 2022 results: RM0.004 loss per share (down from RM0.009 profit in 1Q 2021). Revenue: RM34.5m (up 27% from 1Q 2021). Net loss: RM994.7k (down 145% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non-Executive Director Beow Chieh Ong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 22
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: RM0.012 (down from RM0.014 in FY 2020). Revenue: RM114.8m (up 11% from FY 2020). Net income: RM2.78m (down 18% from FY 2020). Profit margin: 2.4% (down from 3.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS RM0.006 (vs RM0.001 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM31.7m (up 66% from 2Q 2020). Net income: RM1.36m (up RM1.15m from 2Q 2020). Profit margin: 4.3% (up from 1.1% 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 60% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 28
First quarter 2021 earnings released: EPS RM0.009 (vs RM0.007 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: RM27.2m (down 7.9% from 1Q 2020). Net income: RM2.23m (up 25% from 1Q 2020). Profit margin: 8.2% (up from 6.0% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS RM0.014 (vs RM0.007 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: RM103.4m (down 11% from FY 2019). Net income: RM3.40m (up 110% from FY 2019). Profit margin: 3.3% (up from 1.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 26
New 90-day low: RM0.24 The company is down 14% from its price of RM0.28 on 27 November 2020. The Malaysian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: RM0.30 The company is up 33% from its price of RM0.23 on 07 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 Auto Components industry, which is up 21% over the same period. Reported Earnings • Nov 20
Third quarter 2020 earnings released: EPS RM0.011 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: RM30.5m (down 8.8% from 3Q 2019). Net income: RM2.60m (up 72% from 3Q 2019). Profit margin: 8.5% (up from 4.5% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 18
New 90-day high: RM0.26 The company is up 11% from its price of RM0.23 on 19 August 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 39% over the same period.