| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
HLFG Overview
Hong Leong Financial Group Berhad, an investment holding company, provides a range of financial services to consumer, corporate, and institutional customers.
Rewards
Risk Analysis
No risks detected for HLFG from our risk checks.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM18.54 |
| 52 Week High | RM13.96 |
| 52 Week Low | RM18.78 |
| Beta | 0.52 |
| 1 Month Change | 0.98% |
| 3 Month Change | 3.92% |
| 1 Year Change | 27.69% |
| 3 Year Change | 0.76% |
| 5 Year Change | 19.00% |
| Change since IPO | 1,527.92% |
Recent News & Updates
Hong Leong Financial Group Berhad (KLSE:HLFG) Has Announced That It Will Be Increasing Its Dividend To RM0.29
Hong Leong Financial Group Berhad ( KLSE:HLFG ) has announced that it will be increasing its dividend on the 23rd of...
With EPS Growth And More, Hong Leong Financial Group Berhad (KLSE:HLFG) Is Interesting
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
If You Like EPS Growth Then Check Out Hong Leong Financial Group Berhad (KLSE:HLFG) Before It's Too Late
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Shareholder Returns
| HLFG | MY Banks | MY Market | |
|---|---|---|---|
| 7D | 0.3% | 2.1% | 1.3% |
| 1Y | 27.7% | 29.5% | 8.7% |
Return vs Industry: HLFG underperformed the MY Banks industry which returned 29.5% over the past year.
Return vs Market: HLFG exceeded the MY Market which returned 8.7% over the past year.
Price Volatility
| HLFG volatility | |
|---|---|
| HLFG Beta | 0.52 |
| Industry Beta | 0.55 |
| Market Beta | 1 |
Stable Share Price: HLFG is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: HLFG's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1968 | 7,647 | Kong Khoon Tan | https://www.hlfg.com.my |
Hong Leong Financial Group Berhad, an investment holding company, provides a range of financial services to consumer, corporate, and institutional customers. The company operates through Commercial Banking, Investment Banking and Asset Management, Insurance, and Other Operations segments. It offers personal financial, business banking, treasury, transaction banking, and wealth management services; investment banking, futures and stock broking, and fund and unit trust management services, as well as private banking services; and trading products and services, such as treasury, equities, derivatives, and foreign exchange.
Hong Leong Financial Group Berhad Fundamentals Summary
| HLFG fundamental statistics | |
|---|---|
| Market Cap | RM21.02b |
| Earnings (TTM) | RM2.27b |
| Revenue (TTM) | RM5.55b |
9.3x
P/E Ratio0.9x
P/B RatioIs HLFG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HLFG income statement (TTM) | |
|---|---|
| Revenue | RM5.55b |
| Cost of Revenue | RM0 |
| Gross Profit | RM5.55b |
| Expenses | RM3.28b |
| Earnings | RM2.27b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.00 |
| Gross Margin | 100.00% |
| Net Profit Margin | 40.82% |
| Debt/Equity Ratio | 18.9% |
How did HLFG perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield20%
Payout RatioDoes HLFG pay a reliable dividends?
See HLFG dividend history and benchmarks| Hong Leong Financial Group Berhad dividend dates | |
|---|---|
| Ex Dividend Date | Nov 05 2021 |
| Dividend Pay Date | Nov 23 2021 |
| Days until Ex dividend | 15 days |
| Days until Dividend pay date | 33 days |
Does HLFG pay a reliable dividends?
See HLFG dividend history and benchmarksValuation
Is Hong Leong Financial Group Berhad undervalued compared to its fair value and its price relative to the market?
17.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HLFG (MYR18.54) is trading below our estimate of fair value (MYR22.57)
Significantly Below Fair Value: HLFG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HLFG is good value based on its PE Ratio (9.3x) compared to the MY Banks industry average (11.6x).
PE vs Market: HLFG is good value based on its PE Ratio (9.3x) compared to the MY market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: HLFG is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: HLFG's PB Ratio (0.9x) is in line with the MY Banks industry average.
Future Growth
How is Hong Leong Financial Group Berhad forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
6.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HLFG's forecast earnings growth (6.6% per year) is above the savings rate (3.6%).
Earnings vs Market: HLFG's earnings (6.6% per year) are forecast to grow slower than the MY market (11% per year).
High Growth Earnings: HLFG's earnings are forecast to grow, but not significantly.
Revenue vs Market: HLFG's revenue (8.3% per year) is forecast to grow faster than the MY market (6.5% per year).
High Growth Revenue: HLFG's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HLFG's Return on Equity is forecast to be low in 3 years time (10.6%).
Past Performance
How has Hong Leong Financial Group Berhad performed over the past 5 years?
7.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLFG has high quality earnings.
Growing Profit Margin: HLFG's current net profit margins (40.8%) are higher than last year (37.6%).
Past Earnings Growth Analysis
Earnings Trend: HLFG's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: HLFG's earnings growth over the past year (22%) exceeds its 5-year average (7.9% per year).
Earnings vs Industry: HLFG earnings growth over the past year (22%) exceeded the Banks industry 10.8%.
Return on Equity
High ROE: HLFG's Return on Equity (9.9%) is considered low.
Financial Health
How is Hong Leong Financial Group Berhad's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: HLFG's Assets to Equity ratio (8.1x) is low.
Allowance for Bad Loans: HLFG has a sufficient allowance for bad loans (247%).
Low Risk Liabilities: 82% of HLFG's liabilities are made up of primarily low risk sources of funding.
Loan Level: HLFG has an appropriate level of Loans to Assets ratio (54%).
Low Risk Deposits: HLFG's Loans to Deposits ratio (75%) is appropriate.
Level of Bad Loans: HLFG has an appropriate level of bad loans (0.5%).
Dividend
What is Hong Leong Financial Group Berhad current dividend yield, its reliability and sustainability?
2.16%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HLFG's dividend (2.16%) is higher than the bottom 25% of dividend payers in the MY market (1.49%).
High Dividend: HLFG's dividend (2.16%) is low compared to the top 25% of dividend payers in the MY market (4.12%).
Stability and Growth of Payments
Stable Dividend: HLFG's dividends per share have been stable in the past 10 years.
Growing Dividend: HLFG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20%), HLFG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HLFG's dividends in 3 years are forecast to be well covered by earnings (25.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Kong Khoon Tan (64 yo)
5.67yrs
Tenure
RM9,925,000
Compensation
Mr. Kong Khoon Tan has been Chairman of the Board of Hong Leong Bank (Cambodia) Plc since February 8, 2016 and has been Non-Independent and Non-Executive Director since November 20, 2013. He serves as a Ch...
CEO Compensation Analysis
Compensation vs Market: Kong Khoon's total compensation ($USD2.39M) is above average for companies of similar size in the MY market ($USD1.05M).
Compensation vs Earnings: Kong Khoon's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: HLFG's management team is considered experienced (4.1 years average tenure).
Board Members
Experienced Board: HLFG's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Hong Leong Financial Group Berhad's employee growth, exchange listings and data sources
Key Information
- Name: Hong Leong Financial Group Berhad
- Ticker: HLFG
- Exchange: KLSE
- Founded: 1968
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: RM21.020b
- Shares outstanding: 1.13b
- Website: https://www.hlfg.com.my
Number of Employees
Location
- Hong Leong Financial Group Berhad
- Menara Hong Leong
- Level 30
- Kuala Lumpur
- Wilayah Persekutuan
- 50490
- Malaysia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/20 15:15 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.