KLSE:ABLEGRP

Stock Analysis Report

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Executive Summary

AbleGroup Berhad, an investment holding company, engages in the processing, trading, export, and contract workmanship of marble and granite slabs in Malaysia and internationally. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has AbleGroup Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ABLEGRP is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: ABLEGRP's weekly volatility has decreased from 20% to 14% over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

-5.7%

ABLEGRP

-2.5%

MY Building

0.7%

MY Market


1 Year Return

153.8%

ABLEGRP

84.0%

MY Building

10.2%

MY Market

Return vs Industry: ABLEGRP exceeded the MY Building industry which returned 83.1% over the past year.

Return vs Market: ABLEGRP exceeded the MY Market which returned 10.9% over the past year.


Shareholder returns

ABLEGRPIndustryMarket
7 Day-5.7%-2.5%0.7%
30 Day32.0%-10.6%2.4%
90 Day37.5%26.4%-0.9%
1 Year153.8%153.8%85.8%84.0%13.7%10.2%
3 Year43.5%43.5%25.2%22.3%-1.8%-10.7%
5 Year57.1%57.1%-4.6%-9.9%11.8%-6.6%

Long-Term Price Volatility Vs. Market

How volatile is AbleGroup Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AbleGroup Berhad undervalued compared to its fair value and its price relative to the market?

1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ABLEGRP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ABLEGRP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ABLEGRP is unprofitable, so we can't compare its PE Ratio to the MY Building industry average.

PE vs Market: ABLEGRP is unprofitable, so we can't compare its PE Ratio to the MY market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ABLEGRP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ABLEGRP is overvalued based on its PB Ratio (1x) compared to the MY Building industry average (0.6x).


Next Steps

Future Growth

How is AbleGroup Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.0%

Forecasted Capital Goods 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 AbleGroup 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.


Next Steps

Past Performance

How has AbleGroup Berhad performed over the past 5 years?

11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ABLEGRP is currently unprofitable.

Growing Profit Margin: ABLEGRP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ABLEGRP is unprofitable, but has reduced losses over the past 5 years at a rate of 11.5% per year.

Accelerating Growth: Unable to compare ABLEGRP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ABLEGRP is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (20.5%).


Return on Equity

High ROE: ABLEGRP has a negative Return on Equity (-1.6%), as it is currently unprofitable.


Next Steps

Financial Health

How is AbleGroup Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: ABLEGRP's short term assets (MYR8.1M) exceed its short term liabilities (MYR2.5M).

Long Term Liabilities: ABLEGRP's short term assets (MYR8.1M) exceed its long term liabilities (MYR282.0K).


Debt to Equity History and Analysis

Debt Level: ABLEGRP is debt free.

Reducing Debt: ABLEGRP has no debt compared to 5 years ago when its debt to equity ratio was 12.7%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ABLEGRP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ABLEGRP has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 30.6% each year


Next Steps

Dividend

What is AbleGroup Berhad current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ABLEGRP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ABLEGRP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ABLEGRP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ABLEGRP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ABLEGRP's dividend in 3 years as they are not forecast to pay a notable one for the MY market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.5yrs

Average management tenure


CEO

Allan Lim (60 yo)

11.5yrs

Tenure

RM135,000

Compensation

Mr. Kim Huat Lim, also known as Allan, has been a Managing Director of AbleGroup Berhad (also known as Gefung Holdings Bhd) since September 15, 2009 and serves as its Executive Director. He served as the M...


CEO Compensation Analysis

Compensation vs Market: Allan's total compensation ($USD33.27K) is below average for companies of similar size in the MY market ($USD143.79K).

Compensation vs Earnings: Allan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kim Lim
MD & Executive Director11.5yrsRM135.00k53.36%
MYR 26.8m
Jeffery Seo
no datano datano data
Anthony Toh
Chief Operating Officer12.75yrsno datano data
Fei Lim
Company Secretary10.08yrsno datano data
Fong Shian Tan
Company Secretaryno datano datano data

11.5yrs

Average Tenure

60yo

Average Age

Experienced Management: ABLEGRP's management team is seasoned and experienced (11.5 years average tenure).


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

AbleGroup Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AbleGroup Berhad
  • Ticker: ABLEGRP
  • Exchange: KLSE
  • Founded: NaN
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: RM50.141m
  • Shares outstanding: 263.90m
  • Website: https://www.ablegroup.com.my

Location

  • AbleGroup Berhad
  • Block D4-U2-10
  • Level 2
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 50480
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ABLEGRPKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRNov 2006

Biography

AbleGroup Berhad, an investment holding company, engages in the processing, trading, export, and contract workmanship of marble and granite slabs in Malaysia and internationally. It operates through three ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 11:01
End of Day Share Price2021/03/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.