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AIMF

Aimflex BerhadKLSE:AIMFLEX Stock Report

Market Cap

RM171.4m

7D

0%

1Y

-33.3%

Updated

26 Oct, 2021

Data

Company Financials
AIMFLEX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends1/6

AIMFLEX Overview

Aimflex Berhad, an investment holding company, designs, manufactures, and modifies specialized automation machines and precision parts.

Price History & Performance

Summary of all time highs, changes and price drops for Aimflex Berhad
Historical stock prices
Current Share PriceRM0.14
52 Week HighRM0.13
52 Week LowRM0.34
Beta2.1
1 Month Change-12.50%
3 Month Change-15.15%
1 Year Change-33.33%
3 Year Changen/a
5 Year Changen/a
Change since IPO-42.86%

Recent News & Updates

Aug 16
Investors Could Be Concerned With Aimflex Berhad's (KLSE:AIMFLEX) Returns On Capital

Investors Could Be Concerned With Aimflex Berhad's (KLSE:AIMFLEX) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...

Mar 29
Aimflex Berhad's (KLSE:AIMFLEX) Returns On Capital Not Reflecting Well On The Business

Aimflex Berhad's (KLSE:AIMFLEX) Returns On Capital Not Reflecting Well On The Business

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Mar 03
Has Aimflex Berhad's (KLSE:AIMFLEX) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Has Aimflex Berhad's (KLSE:AIMFLEX) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Most readers would already be aware that Aimflex Berhad's (KLSE:AIMFLEX) stock increased significantly by 43% over the...

Shareholder Returns

AIMFLEXMY MachineryMY Market
7D0%-0.8%-0.8%
1Y-33.3%35.2%9.6%

Return vs Industry: AIMFLEX underperformed the MY Machinery industry which returned 35.2% over the past year.

Return vs Market: AIMFLEX underperformed the MY Market which returned 9.6% over the past year.

Price Volatility

Is AIMFLEX's price volatile compared to industry and market?
AIMFLEX volatility
AIMFLEX Beta2.1
Industry Beta1.02
Market Beta1

Stable Share Price: AIMFLEX is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: AIMFLEX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007260Rebecca Teehttps://www.aimflex.com.my

Aimflex Berhad, an investment holding company, designs, manufactures, and modifies specialized automation machines and precision parts. It operates through three segments: Manufacturing and Trading, Distribution, and Others. The company also designs and fabricates metal panels and frames, and precision parts; markets and supplies industrial automation test equipment and related parts; and distributes manufacturing automation hardware and software, as well as statistical analysis software, wireless communication devices, and robotic arms.

Aimflex Berhad Fundamentals Summary

How do Aimflex Berhad's earnings and revenue compare to its market cap?
AIMFLEX fundamental statistics
Market CapRM171.38m
Earnings (TTM)RM2.84m
Revenue (TTM)RM70.98m

60.3x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AIMFLEX income statement (TTM)
RevenueRM70.98m
Cost of RevenueRM53.75m
Gross ProfitRM17.24m
ExpensesRM14.39m
EarningsRM2.84m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0023
Gross Margin24.28%
Net Profit Margin4.01%
Debt/Equity Ratio0%

How did AIMFLEX perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

107%

Payout Ratio

Valuation

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

60.34x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AIMFLEX (MYR0.14) is trading above our estimate of fair value (MYR0.04)

Significantly Below Fair Value: AIMFLEX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AIMFLEX is poor value based on its PE Ratio (60.3x) compared to the MY Machinery industry average (18.7x).

PE vs Market: AIMFLEX is poor value based on its PE Ratio (60.3x) compared to the MY market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AIMFLEX is overvalued based on its PB Ratio (2.4x) compared to the MY Machinery industry average (1.4x).


Future Growth

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

20.6%

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 Aimflex 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.


Past Performance

How has Aimflex Berhad performed over the past 5 years?

-11.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AIMFLEX has high quality earnings.

Growing Profit Margin: AIMFLEX's current net profit margins (4%) are lower than last year (9.2%).


Past Earnings Growth Analysis

Earnings Trend: AIMFLEX's earnings have declined by 11.2% per year over the past 5 years.

Accelerating Growth: AIMFLEX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AIMFLEX had negative earnings growth (-55.8%) over the past year, making it difficult to compare to the Machinery industry average (20.2%).


Return on Equity

High ROE: AIMFLEX's Return on Equity (4%) is considered low.


Financial Health

How is Aimflex Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: AIMFLEX's short term assets (MYR59.7M) exceed its short term liabilities (MYR11.5M).

Long Term Liabilities: AIMFLEX's short term assets (MYR59.7M) exceed its long term liabilities (MYR868.0K).


Debt to Equity History and Analysis

Debt Level: AIMFLEX is debt free.

Reducing Debt: AIMFLEX has no debt compared to 5 years ago when its debt to equity ratio was 43%.

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

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


Balance Sheet


Dividend

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

1.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AIMFLEX's dividend (1.79%) is higher than the bottom 25% of dividend payers in the MY market (1.5%).

High Dividend: AIMFLEX's dividend (1.79%) is low compared to the top 25% of dividend payers in the MY market (4.18%).


Stability and Growth of Payments

Stable Dividend: AIMFLEX has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: AIMFLEX has only been paying a dividend for 2 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (107.5%), AIMFLEX's dividend payments are not well covered by earnings.


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.


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Rebecca Tee (40 yo)

3.67yrs

Tenure

Ms. Sook Sing Tee, also known as Rebecca, has been the Group Managing Director of Aimflex Berhad (formerly known as i-Stone Group Berhad) since February 2018 and has been its Director since November 1, 201...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Rebecca's total compensation is reasonable compared to companies of similar size in the MY market.

Compensation vs Earnings: Insufficient data to compare Rebecca's compensation with company performance.


Leadership Team

Experienced Management: AIMFLEX's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: AIMFLEX's board of directors are not considered experienced ( 1.2 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

Aimflex Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Aimflex Berhad
  • Ticker: AIMFLEX
  • Exchange: KLSE
  • Founded: 2007
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: RM171.377m
  • Shares outstanding: 1.22b
  • Website: https://www.aimflex.com.my

Number of Employees


Location

  • Aimflex Berhad
  • 12-2, Jalan Persiaran Teknologi
  • Taman Teknologi Johor
  • Senai
  • Johor
  • 81400
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:31
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.