AYS

AYS Ventures BerhadKLSE:AYS Stock Report

Market Cap

RM266.3m

7D

0%

1Y

250.0%

Updated

16 Sep, 2021

Data

Company Financials
AYS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends3/6

AYS Overview

AYS Ventures Berhad, an investment holding company, engages in the trading and distribution of steel products and building materials in Malaysia, Singapore, the Asia-Pacific economic cooperation countries, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for AYS Ventures Berhad
Historical stock prices
Current Share PriceRM0.70
52 Week HighRM0.17
52 Week LowRM0.74
Beta1.5
1 Month Change81.82%
3 Month Change72.84%
1 Year Change250.00%
3 Year Change77.22%
5 Year Change79.49%
Change since IPO37.26%

Recent News & Updates

Aug 26
Returns on Capital Paint A Bright Future For AYS Ventures Berhad (KLSE:AYS)

Returns on Capital Paint A Bright Future For AYS Ventures Berhad (KLSE:AYS)

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...

Jun 10
Here's Why AYS Ventures Berhad (KLSE:AYS) Has A Meaningful Debt Burden

Here's Why AYS Ventures Berhad (KLSE:AYS) Has A Meaningful Debt Burden

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Apr 19
Here's What's Concerning About AYS Ventures Berhad's (KLSE:AYS) Returns On Capital

Here's What's Concerning About AYS Ventures Berhad's (KLSE:AYS) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...

Shareholder Returns

AYSMY Trade DistributorsMY Market
7D0%1.2%-0.9%
1Y250.0%-3.5%6.1%

Return vs Industry: AYS exceeded the MY Trade Distributors industry which returned -3.5% over the past year.

Return vs Market: AYS exceeded the MY Market which returned 6.1% over the past year.

Price Volatility

Is AYS's price volatile compared to industry and market?
AYS volatility
AYS Beta1.5
Industry Beta0.96
Market Beta1

Stable Share Price: AYS is more volatile than 90% of MY stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: AYS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
1982236Chiew Ohhttps://www.ays-group.com

AYS Ventures Berhad, an investment holding company, engages in the trading and distribution of steel products and building materials in Malaysia, Singapore, the Asia-Pacific economic cooperation countries, and internationally. It operates through three divisions: Trading & Services, Manufacturing, and Others. The company distributes steel plates, beams and columns, pipes and tubes, structural welded hollow sections, rods, angles, square bars, channels, flat bars, sheet piles, light rails, deformed bars, round bars, and pilesto finishing products, as well as bricks, wire mesh, cement, tiles, steel bars, basin, and water closet.

Valuation

Is AYS Ventures 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: AYS (MYR0.7) is trading below our estimate of fair value (MYR9.4)

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


Price To Earnings Ratio

PE vs Industry: AYS is good value based on its PE Ratio (4.6x) compared to the MY Trade Distributors industry average (13.2x).

PE vs Market: AYS is good value based on its PE Ratio (4.6x) compared to the MY market (16.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AYS's PB Ratio (0.9x) is in line with the MY Trade Distributors industry average.


Future Growth

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

4.2%

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 AYS Ventures 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 AYS Ventures Berhad performed over the past 5 years?

-18.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AYS has high quality earnings.

Growing Profit Margin: AYS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AYS's earnings have declined by 18.9% per year over the past 5 years.

Accelerating Growth: AYS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AYS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (50.2%).


Return on Equity

High ROE: AYS's Return on Equity (21.8%) is considered high.


Financial Health

How is AYS Ventures Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: AYS's short term assets (MYR631.5M) exceed its short term liabilities (MYR411.8M).

Long Term Liabilities: AYS's short term assets (MYR631.5M) exceed its long term liabilities (MYR35.6M).


Debt to Equity History and Analysis

Debt Level: AYS's debt to equity ratio (94.9%) is considered high.

Reducing Debt: AYS's debt to equity ratio has increased from 79.2% to 94.9% over the past 5 years.

Debt Coverage: AYS's debt is not well covered by operating cash flow (19.8%).

Interest Coverage: AYS's interest payments on its debt are well covered by EBIT (9.2x coverage).


Balance Sheet


Dividend

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

4.29%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 16 2021Ex Dividend DateOct 08 2021Dividend Pay DateOct 25 202117 days from Ex DividendBuy in the next 21 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: AYS's dividend (4.29%) is higher than the bottom 25% of dividend payers in the MY market (1.51%).

High Dividend: AYS's dividend (4.29%) is in the top 25% of dividend payers in the MY market (4.09%)


Stability and Growth of Payments

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

Growing Dividend: AYS's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.8%), AYS's dividend payments are thoroughly 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?

1.3yrs

Average management tenure


CEO

Chiew Oh (74 yo)

1.25yrs

Tenure

RM36,000

Compensation

Mr. Chiew Ho Oh serves as Senior Group Managing Director at AYS Ventures Berhad since June 2, 2020. Mr. Oh had been the Group Managing Director of AYS Ventures Berhad since November 17, 2011 until June 2,...


Leadership Team

Experienced Management: AYS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: AYS's board of directors are considered experienced (9.8 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

AYS Ventures Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: AYS Ventures Berhad
  • Ticker: AYS
  • Exchange: KLSE
  • Founded: 1982
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: RM266.292m
  • Shares outstanding: 380.42m
  • Website: https://www.ays-group.com

Number of Employees


Location

  • AYS Ventures Berhad
  • Lot 6488
  • Jalan Haji Abdul Manan
  • Klang
  • Selangor
  • 42100
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 11:02
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.