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COAS

Coastal Contracts Bhd KLSE:COASTAL Stock Report

Last Price

RM1.63

Market Cap

RM857.3m

7D

-5.8%

1Y

103.8%

Updated

26 Jun, 2022

Data

Company Financials +
COASTAL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends0/6

COASTAL Stock Overview

Coastal Contracts Bhd, an investment holding company, provides integrated marine oil and gas services and solutions in India, Indonesia, Malaysia, Mexico, Saudi Arabia, and internationally.

Coastal Contracts Bhd Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Coastal Contracts Bhd
Historical stock prices
Current Share PriceRM1.63
52 Week HighRM2.09
52 Week LowRM0.70
Beta1.04
1 Month Change-13.76%
3 Month Change-9.44%
1 Year Change103.75%
3 Year Change76.22%
5 Year Change23.49%
Change since IPO11.45%

Recent News & Updates

May 30
What Is Coastal Contracts Bhd's (KLSE:COASTAL) Share Price Doing?

What Is Coastal Contracts Bhd's (KLSE:COASTAL) Share Price Doing?

Coastal Contracts Bhd ( KLSE:COASTAL ), might not be a large cap stock, but it saw a significant share price rise of...

Shareholder Returns

COASTALMY MachineryMY Market
7D-5.8%1.7%-1.2%
1Y103.8%-15.7%-8.7%

Return vs Industry: COASTAL exceeded the MY Machinery industry which returned -15.7% over the past year.

Return vs Market: COASTAL exceeded the MY Market which returned -8.7% over the past year.

Price Volatility

Is COASTAL's price volatile compared to industry and market?
COASTAL volatility
COASTAL Average Weekly Movement5.9%
Machinery Industry Average Movement6.5%
Market Average Movement5.5%
10% most volatile stocks in MY Market11.5%
10% least volatile stocks in MY Market2.9%

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.

About the Company

FoundedEmployeesCEOWebsite
1976194n/ahttps://www.coastalcontracts.com

Coastal Contracts Bhd, an investment holding company, provides integrated marine oil and gas services and solutions in India, Indonesia, Malaysia, Mexico, Saudi Arabia, and internationally. The company operates in two segments, Vessels Manufacturing and Repairing Services, and Vessels Chartering and Equipment Hire. It engages in the fabrication and sale of offshore support and marine transportation vessels, including subsea support and maintenance, platform and utility support, and anchor handling tug supply vessels; accommodation work, oil, and dumb barges; harbor tugs; landing crafts; and tugboats.

Coastal Contracts Bhd Fundamentals Summary

How do Coastal Contracts Bhd's earnings and revenue compare to its market cap?
COASTAL fundamental statistics
Market CapRM857.33m
Earnings (TTM)RM97.03m
Revenue (TTM)RM290.73m

8.8x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
COASTAL income statement (TTM)
RevenueRM290.73m
Cost of RevenueRM163.48m
Gross ProfitRM127.25m
Other ExpensesRM30.22m
EarningsRM97.03m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin43.77%
Net Profit Margin33.38%
Debt/Equity Ratio20.2%

How did COASTAL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is COASTAL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for COASTAL?

Other financial metrics that can be useful for relative valuation.

COASTAL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.5x
Enterprise Value/EBITDA3.7x
PEG Ratio-1.3x

Price to Earnings Ratio vs Peers

How does COASTAL's PE Ratio compare to its peers?

COASTAL PE Ratio vs Peers
The above table shows the PE ratio for COASTAL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average27.7x

Price-To-Earnings vs Peers: COASTAL is good value based on its Price-To-Earnings Ratio (8.8x) compared to the peer average (27.7x).


Price to Earnings Ratio vs Industry

How does COASTAL's PE Ratio compare vs other companies in the Malaysian Machinery Industry?

Price-To-Earnings vs Industry: COASTAL is good value based on its Price-To-Earnings Ratio (8.8x) compared to the MY Machinery industry average (15.8x)


Price to Earnings Ratio vs Fair Ratio

What is COASTAL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

COASTAL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.8x
Fair PE Ratio11.7x

Price-To-Earnings vs Fair Ratio: COASTAL is good value based on its Price-To-Earnings Ratio (8.8x) compared to the estimated Fair Price-To-Earnings Ratio (11.7x).


Share Price vs Fair Value

What is the Fair Price of COASTAL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: COASTAL (MYR1.63) is trading above our estimate of fair value (MYR0.53)

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


Price to Earnings Growth Ratio

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


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Future Growth

How is Coastal Contracts Bhd forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-6.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COASTAL's earnings are forecast to decline over the next 3 years (-6.8% per year).

Earnings vs Market: COASTAL's earnings are forecast to decline over the next 3 years (-6.8% per year).

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

Revenue vs Market: COASTAL's revenue (16.4% per year) is forecast to grow faster than the MY market (5.2% per year).

High Growth Revenue: COASTAL's revenue (16.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COASTAL's Return on Equity is forecast to be high in 3 years time (30.2%)


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Past Performance

How has Coastal Contracts Bhd performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


19.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: COASTAL has high quality earnings.

Growing Profit Margin: COASTAL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: COASTAL has become profitable over the past 5 years, growing earnings by 19.3% per year.

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

Earnings vs Industry: COASTAL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (29.3%).


Return on Equity

High ROE: COASTAL's Return on Equity (8.4%) is considered low.


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Financial Health

How is Coastal Contracts Bhd's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: COASTAL's short term assets (MYR871.8M) exceed its short term liabilities (MYR378.8M).

Long Term Liabilities: COASTAL's short term assets (MYR871.8M) exceed its long term liabilities (MYR138.9M).


Debt to Equity History and Analysis

Debt Level: COASTAL has more cash than its total debt.

Reducing Debt: COASTAL's debt to equity ratio has reduced from 30.4% to 20.2% over the past 5 years.

Debt Coverage: COASTAL's debt is not well covered by operating cash flow (12.1%).

Interest Coverage: COASTAL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Coastal Contracts Bhd current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.09%

Forecast Dividend Yield

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.


Earnings Payout to Shareholders

Earnings Coverage: COASTAL is not paying a notable dividend for the MY market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as COASTAL has not reported any payouts.


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Management

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

21.8yrs

Average management tenure


CEO

Coastal Contracts Bhd has no CEO, or we have no data on them.


Leadership Team

Experienced Management: COASTAL's management team is seasoned and experienced (21.8 years average tenure).


Board Members

Experienced Board: COASTAL's board of directors are seasoned and experienced ( 17.3 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 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
  • Implied Market Cap: RM857.331m
  • Shares outstanding: 525.97m
  • Website: https://www.coastalcontracts.com

Number of Employees


Location

  • Coastal Contracts Bhd
  • Bandar Leila
  • Block G
  • Sandakan
  • Sabah
  • 90009
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.