Coastal Contracts Bhd
Market Cap
RM392.9m
Last Updated
2021/03/04 11:01 UTC
Data Sources
Company Financials
Executive Summary
Coastal Contracts Bhd, an investment holding company, provides integrated marine oil and gas services and solutions in India, Indonesia, Malaysia, Mexico, the United Arab Emirates, and internationally. More Details
Risk Analysis
Snowflake Analysis
Flawless balance sheet and overvalued.
Share Price & News
How has Coastal Contracts Bhd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COASTAL is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: COASTAL's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-8.0%
COASTAL
-1.2%
MY Machinery
0.7%
MY Market
1 Year Return
-29.2%
COASTAL
86.3%
MY Machinery
10.2%
MY Market
Return vs Industry: COASTAL underperformed the MY Machinery industry which returned 86.3% over the past year.
Return vs Market: COASTAL underperformed the MY Market which returned 10.2% over the past year.
Shareholder returns
| COASTAL | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.0% | -1.2% | 0.7% |
| 30 Day | 9.5% | -0.9% | 2.4% |
| 90 Day | 1.4% | 20.1% | -0.9% |
| 1 Year | -29.2%-29.2% | 89.5%86.3% | 13.7%10.2% |
| 3 Year | -40.0%-40.0% | 68.3%56.3% | -1.8%-10.7% |
| 5 Year | -55.2%-56.1% | 51.8%32.3% | 11.8%-6.6% |
Long-Term Price Volatility Vs. Market
How volatile is Coastal Contracts Bhd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Coastal Contracts Bhd (KLSE:COASTAL) Weighed On By Its Debt Load?2 months ago | Simply Wall St
Coastal Contracts Bhd (KLSE:COASTAL) Share Prices Have Dropped 59% In The Last Five Years3 months ago | Simply Wall St
Is Coastal Contracts Bhd (KLSE:COASTAL) Shrinking?Valuation
Is Coastal Contracts Bhd undervalued compared to its fair value and its price relative to the market?
0.37x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate COASTAL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate COASTAL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: COASTAL is unprofitable, so we can't compare its PE Ratio to the MY Machinery industry average.
PE vs Market: COASTAL 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 COASTAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: COASTAL is good value based on its PB Ratio (0.4x) compared to the MY Machinery industry average (1.1x).
Next Steps
Future Growth
How is Coastal Contracts Bhd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.2%
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 Coastal Contracts Bhd 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
- Examine Coastal Contracts Bhd's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Coastal Contracts Bhd performed over the past 5 years?
-32.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COASTAL is currently unprofitable.
Growing Profit Margin: COASTAL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: COASTAL is unprofitable, and losses have increased over the past 5 years at a rate of 32.2% per year.
Accelerating Growth: Unable to compare COASTAL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: COASTAL is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-19.8%).
Return on Equity
High ROE: COASTAL has a negative Return on Equity (-13.04%), as it is currently unprofitable.
Next Steps
Financial Health
How is Coastal Contracts Bhd's financial position?
Financial Position Analysis
Short Term Liabilities: COASTAL's short term assets (MYR604.4M) exceed its short term liabilities (MYR208.5M).
Long Term Liabilities: COASTAL's short term assets (MYR604.4M) exceed its long term liabilities (MYR66.6M).
Debt to Equity History and Analysis
Debt Level: COASTAL's debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: COASTAL's debt to equity ratio has reduced from 32.1% to 10.1% 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: COASTAL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: COASTAL has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 40.6% each year
Next Steps
Dividend
What is Coastal Contracts Bhd current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate COASTAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate COASTAL'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 COASTAL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if COASTAL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: COASTAL is not paying a notable dividend for the MY market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of COASTAL'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?
16.1yrs
Average board tenure
CEO
Coastal Contracts Bhd has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 20.58yrs | RM985.00k | 5.51% MYR 21.7m | |
| Executive Director | 20.58yrs | RM13.00k | 4.53% MYR 17.8m | |
| Executive Director | 20.58yrs | RM424.00k | 4.55% MYR 17.9m | |
| Independent Non-Executive Director | 18.25yrs | RM29.00k | no data | |
| Director of Subsidiary | 38.25yrs | no data | 12.35% MYR 48.5m | |
| Director of Subsidiary | 38.25yrs | no data | 4.61% MYR 18.1m | |
| Independent Non-Executive Director | 7.58yrs | RM56.00k | no data | |
| Independent Non-Executive Director | 6.42yrs | RM28.00k | no data | |
| Director of Subsidiary | 8.5yrs | no data | no data | |
| Director of Subsidiary | 8.5yrs | no data | 0.045% MYR 176.0k | |
| Director of Subsidiary | 13.92yrs | no data | 0.045% MYR 176.0k | |
| Director of Subsidiary | 6.08yrs | no data | no data |
16.1yrs
Average Tenure
60.5yo
Average Age
Experienced Board: COASTAL's board of directors are seasoned and experienced ( 16.1 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
Coastal Contracts Bhd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Coastal Contracts Bhd
- Ticker: COASTAL
- Exchange: KLSE
- Founded: 1976
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: RM392.931m
- Shares outstanding: 523.91m
- Website: https://www.coastalcontracts.com
Number of Employees
Location
- Coastal Contracts Bhd
- Bandar Leila
- Block G
- Sandakan
- Sabah
- 90009
- Malaysia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| COASTAL | KLSE (Bursa Malaysia) | Yes | Ordinary Shares | MY | MYR | Aug 2003 |
Biography
Coastal Contracts Bhd, an investment holding company, provides integrated marine oil and gas services and solutions in India, Indonesia, Malaysia, Mexico, the United Arab Emirates, and internationally. The...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 11:01 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.