KLSE:AGES

Stock Analysis Report

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Executive Summary

Ageson Berhad, an investment holding company, primarily engages in the construction, property development, and general trading businesses. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AGES is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AGES's weekly volatility has decreased from 14% to 7% over the past year.


Market Performance


7 Day Return

0%

AGES

-0.5%

MY Construction

-0.6%

MY Market


1 Year Return

44.4%

AGES

-9.5%

MY Construction

10.5%

MY Market

Return vs Industry: AGES exceeded the MY Construction industry which returned -9.5% over the past year.

Return vs Market: AGES exceeded the MY Market which returned 10.5% over the past year.


Shareholder returns

AGESIndustryMarket
7 Day0%-0.5%-0.6%
30 Day4.0%6.1%1.8%
90 Day0%-5.1%-0.6%
1 Year44.4%44.4%-6.0%-9.5%14.1%10.5%
3 Year-3.7%-3.7%-33.9%-39.7%-1.2%-10.2%
5 Year13.0%13.0%-29.9%-39.5%12.2%-6.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AGES (MYR0.13) is trading below our estimate of fair value (MYR2.21)

Significantly Below Fair Value: AGES is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AGES is good value based on its PE Ratio (2.2x) compared to the MY Construction industry average (20.9x).

PE vs Market: AGES is good value based on its PE Ratio (2.2x) compared to the MY market (19.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AGES is good value based on its PB Ratio (0.6x) compared to the MY Construction industry average (0.9x).


Next Steps

Future Growth

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

33.4%

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 Ageson 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 Ageson Berhad performed over the past 5 years?

62.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AGES has high quality earnings.

Growing Profit Margin: AGES's current net profit margins (32.5%) are higher than last year (10.6%).


Past Earnings Growth Analysis

Earnings Trend: AGES's earnings have grown significantly by 62.5% per year over the past 5 years.

Accelerating Growth: AGES's earnings growth over the past year (237.8%) exceeds its 5-year average (62.5% per year).

Earnings vs Industry: AGES earnings growth over the past year (237.8%) exceeded the Construction industry -43.6%.


Return on Equity

High ROE: AGES's Return on Equity (17.2%) is considered low.


Next Steps

Financial Health

How is Ageson Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: AGES's short term assets (MYR179.8M) exceed its short term liabilities (MYR91.8M).

Long Term Liabilities: AGES's short term assets (MYR179.8M) exceed its long term liabilities (MYR16.6M).


Debt to Equity History and Analysis

Debt Level: AGES is debt free.

Reducing Debt: AGES has no debt compared to 5 years ago when its debt to equity ratio was 53%.

Debt Coverage: AGES has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AGES has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AGES'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 AGES's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AGES'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 AGES'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?

1.6yrs

Average management tenure


CEO

Ageson Berhad has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Kok Foong Chin
Executive Director1.83yrsno data9.07%
MYR 12.3m
Leong Liew Kok
Executive Director1.75yrsno data6.76%
MYR 9.2m
Tong Tan
Company Secretary1.58yrsno datano data
- Vimalraj
Company Secretary0.42yrno datano data

1.6yrs

Average Tenure

Experienced Management: AGES's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kok Foong Chin
Executive Director1.83yrsno data9.07%
MYR 12.3m
Leong Liew Kok
Executive Director1.75yrsno data6.76%
MYR 9.2m
Chuan Chai
Independent Non-Executive Director1.25yrsRM900.00no data
Kok Wah Ng
Independent & Non Executive Director1.5yrsRM1.20kno data
Baharon Bin Talib
Independent Non-Executive Chairman1.42yrsRM1.20kno data

1.5yrs

Average Tenure

43yo

Average Age

Experienced Board: AGES's board of directors are not considered experienced ( 1.5 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 been substantially diluted in the past year, with total shares outstanding growing by 107.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: Ageson Berhad
  • Ticker: AGES
  • Exchange: KLSE
  • Founded: NaN
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: RM135.372m
  • Shares outstanding: 1.04b
  • Website: https://agesonberhad.com

Location

  • Ageson Berhad
  • No. 19-15, Q Sentral
  • 2A, Jalan Stesen Sentral 2
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 50470
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AGESKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRDec 2003
AGES-PAKLSE (Bursa Malaysia)ICPS 10/03/30 MYR0.13MYMYRMar 2020

Biography

Ageson Berhad, an investment holding company, primarily engages in the construction, property development, and general trading businesses. The company’s Construction segment provides sub constructing servi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 11:09
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.