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CB Industrial Product Holding Berhad

Market Cap

RM680.1m

Last Updated

2021/05/16 11:01 UTC

Data Sources

Company Financials +

Executive Summary

CB Industrial Product Holding Berhad, an investment holding company, manufactures and sells palm oil mill equipment, machinery, and related spare parts in Indonesia, Malaysia, Papua New Guinea, Central America, Africa, Liberia, and internationally. More Details


Snowflake Analysis

Excellent balance sheet with proven track record and pays a dividend.

Share Price & News

How has CB Industrial Product Holding Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CBIP is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CBIP's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

4.5%

CBIP

-2.8%

MY Machinery

-1.0%

MY Market


1 Year Return

58.2%

CBIP

91.3%

MY Machinery

18.0%

MY Market

Return vs Industry: CBIP underperformed the MY Machinery industry which returned 91.3% over the past year.

Return vs Market: CBIP exceeded the MY Market which returned 18% over the past year.


Shareholder returns

CBIPIndustryMarket
7 Day4.5%-2.8%-1.0%
30 Day10.2%-9.1%-2.1%
90 Day32.1%-12.3%-0.5%
1 Year64.2%58.2%95.5%91.3%21.6%18.0%
3 Year2.4%-6.7%68.2%54.6%-0.8%-10.1%
5 Year-25.4%-36.1%61.3%32.0%15.2%-4.2%

Long-Term Price Volatility Vs. Market

How volatile is CB Industrial Product Holding Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CB Industrial Product Holding Berhad undervalued compared to its fair value and its price relative to the market?

12.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CBIP (MYR1.4) is trading above our estimate of fair value (MYR0.46)

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


Price To Earnings Ratio

PE vs Industry: CBIP is good value based on its PE Ratio (12.1x) compared to the MY Machinery industry average (20.8x).

PE vs Market: CBIP is good value based on its PE Ratio (12.1x) compared to the MY market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: CBIP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CBIP is good value based on its PB Ratio (0.9x) compared to the MY Machinery industry average (1.3x).


Future Growth

How is CB Industrial Product Holding Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-2.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBIP's earnings are forecast to decline over the next 3 years (-2.5% per year).

Earnings vs Market: CBIP's earnings are forecast to decline over the next 3 years (-2.5% per year).

High Growth Earnings: CBIP's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CBIP's revenue (3.3% per year) is forecast to grow slower than the MY market (6.9% per year).

High Growth Revenue: CBIP's revenue (3.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CBIP's Return on Equity is forecast to be low in 3 years time (6.5%).


Past Performance

How has CB Industrial Product Holding Berhad performed over the past 5 years?

-29.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBIP has high quality earnings.

Growing Profit Margin: CBIP's current net profit margins (10.4%) are higher than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: CBIP's earnings have declined by 29% per year over the past 5 years.

Accelerating Growth: CBIP's earnings growth over the past year (59.5%) exceeds its 5-year average (-29% per year).

Earnings vs Industry: CBIP earnings growth over the past year (59.5%) exceeded the Machinery industry -9.7%.


Return on Equity

High ROE: CBIP's Return on Equity (5.8%) is considered low.


Financial Health

How is CB Industrial Product Holding Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: CBIP's short term assets (MYR533.6M) exceed its short term liabilities (MYR143.9M).

Long Term Liabilities: CBIP's short term assets (MYR533.6M) exceed its long term liabilities (MYR130.5M).


Debt to Equity History and Analysis

Debt Level: CBIP's debt to equity ratio (21%) is considered satisfactory.

Reducing Debt: CBIP's debt to equity ratio has increased from 3.7% to 21% over the past 5 years.

Debt Coverage: CBIP's debt is well covered by operating cash flow (24.7%).

Interest Coverage: CBIP's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


Dividend

What is CB Industrial Product Holding Berhad current dividend yield, its reliability and sustainability?

2.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CBIP's dividend (2.86%) is higher than the bottom 25% of dividend payers in the MY market (1.41%).

High Dividend: CBIP's dividend (2.86%) is low compared to the top 25% of dividend payers in the MY market (3.97%).


Stability and Growth of Payments

Stable Dividend: CBIP's dividend payments have been volatile in the past 10 years.

Growing Dividend: CBIP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.6%), CBIP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CBIP's dividends in 3 years are forecast to be well covered by earnings (36.4% payout ratio).


Next Steps

Management

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

15.7yrs

Average board tenure


CEO

Chai Lim (62 yo)

no data

Tenure

RM29,000

Compensation

Mr. Lim Chai Beng serves as the Managing Director of CB Industrial Product Holding Berhad and has been its Subsidiary C B Industrial Product Sdn Bhd since February 3, 1999. Mr. Lim has many years of experi...


Board Members

Experienced Board: CBIP's board of directors are seasoned and experienced ( 15.7 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

CB Industrial Product Holding Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CB Industrial Product Holding Berhad
  • Ticker: CBIP
  • Exchange: KLSE
  • Founded: 1980
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: RM680.117m
  • Shares outstanding: 485.80m
  • Website: https://www.cbip.com.my

Number of Employees


Location

  • CB Industrial Product Holding Berhad
  • No. 1, Jalan Astaka U8/83
  • Section 8
  • Shah Alam
  • Selangor
  • 40150
  • Malaysia

Listings


Biography

CB Industrial Product Holding Berhad, an investment holding company, manufactures and sells palm oil mill equipment, machinery, and related spare parts in Indonesia, Malaysia, Papua New Guinea, Central Ame...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 11:01
End of Day Share Price2021/05/12 00:00
Earnings2020/12/31
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.