KLSE:BSTEAD

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Boustead Holdings Berhad

Market Cap

RM1.2b

Last Updated

2021/07/31 11:06 UTC

Data Sources

Company Financials

Executive Summary

Boustead Holdings Berhad, an investment holding company, engages in property and industrial; plantation; pharmaceutical; heavy industries; and trading, finance, and investment business activities in Malaysia. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BSTEAD is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: BSTEAD's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

-10.5%

BSTEAD

-1.9%

MY Industrials

-1.9%

MY Market


1 Year Return

-5.6%

BSTEAD

-1.7%

MY Industrials

-1.5%

MY Market

Return vs Industry: BSTEAD underperformed the MY Industrials industry which returned -1.7% over the past year.

Return vs Market: BSTEAD underperformed the MY Market which returned -1.5% over the past year.


Shareholder returns

BSTEADIndustryMarket
7 Day-10.5%-1.9%-1.9%
30 Day-9.8%-1.5%-1.3%
90 Day0.8%-3.3%-6.6%
1 Year-5.6%-5.6%1.9%-1.7%2.1%-1.5%
3 Year-74.4%-74.8%-11.1%-19.6%-3.7%-12.8%
5 Year-66.7%-70.4%23.2%-44.3%8.6%-9.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

23.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BSTEAD (MYR0.6) is trading below our estimate of fair value (MYR0.78)

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


Price To Earnings Ratio

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

PE vs Market: BSTEAD 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 BSTEAD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BSTEAD's PB Ratio (0.3x) is in line with the MY Industrials industry average.


Future Growth

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

18.0%

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 Boustead Holdings 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 Boustead Holdings Berhad performed over the past 5 years?

-59.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BSTEAD is currently unprofitable.

Growing Profit Margin: BSTEAD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BSTEAD is unprofitable, and losses have increased over the past 5 years at a rate of 59.5% per year.

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

Earnings vs Industry: BSTEAD is unprofitable, making it difficult to compare its past year earnings growth to the Industrials industry (-18.6%).


Return on Equity

High ROE: BSTEAD has a negative Return on Equity (-6.6%), as it is currently unprofitable.


Financial Health

How is Boustead Holdings Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: BSTEAD's short term assets (MYR4.1B) do not cover its short term liabilities (MYR7.8B).

Long Term Liabilities: BSTEAD's short term assets (MYR4.1B) exceed its long term liabilities (MYR3.3B).


Debt to Equity History and Analysis

Debt Level: BSTEAD's debt to equity ratio (146.4%) is considered high.

Reducing Debt: BSTEAD's debt to equity ratio has increased from 112.8% to 146.4% over the past 5 years.


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: Whilst unprofitable BSTEAD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BSTEAD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.4% per year.


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: BSTEAD is not paying a notable dividend for the MY market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BSTEAD'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?

2.8yrs

Average management tenure


CEO

Mohammed Bin Ramly (60 yo)

no data

Tenure

RM1,860,000

Compensation

Mr. Mohammed Shazalli Bin Ramly has been Non-Independent & Non-Executive Director at Boustead Heavy Industries Corporation Berhad since March 4, 2021. He has been Chairman and Non-Independent Non-Executive...


CEO Compensation Analysis

Compensation vs Market: Mohammed's total compensation ($USD440.27K) is above average for companies of similar size in the MY market ($USD191.77K).

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


Leadership Team

Experienced Management: BSTEAD's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: BSTEAD'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

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


Key Information

  • Name: Boustead Holdings Berhad
  • Ticker: BSTEAD
  • Exchange: KLSE
  • Founded: 1828
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: RM1.206b
  • Shares outstanding: 2.03b
  • Website: https://www.boustead.com.my

Number of Employees


Location

  • Boustead Holdings Berhad
  • Menara Boustead
  • 28th Floor
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 50200
  • Malaysia

Listings


Biography

Boustead Holdings Berhad, an investment holding company, engages in property and industrial; plantation; pharmaceutical; heavy industries; and trading, finance, and investment business activities in Malays...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 11:06
End of Day Share Price2021/07/30 00:00
Earnings2021/03/31
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.