Favelle Favco Berhad, an investment holding company, engages in the design, manufacture, supply, service, trading, and leasing of cranes under the Favelle Favco and Kroll brands in Malaysia and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||RM2.25|
|52 Week High||RM2.07|
|52 Week Low||RM2.39|
|1 Month Change||2.27%|
|3 Month Change||3.21%|
|1 Year Change||-5.06%|
|3 Year Change||-7.03%|
|5 Year Change||-3.43%|
|Change since IPO||226.09%|
Recent News & Updates
Here's Why Favelle Favco Berhad (KLSE:FAVCO) Can Manage Its Debt Responsibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Be Wary Of Favelle Favco Berhad (KLSE:FAVCO) And Its Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Need To Know: Analysts Just Made A Substantial Cut To Their Favelle Favco Berhad (KLSE:FAVCO) Estimates
One thing we could say about the analysts on Favelle Favco Berhad ( KLSE:FAVCO ) - they aren't optimistic, having just...
|FAVCO||MY Machinery||MY Market|
Return vs Industry: FAVCO underperformed the MY Machinery industry which returned 45% over the past year.
Return vs Market: FAVCO underperformed the MY Market which returned 6.2% over the past year.
Stable Share Price: FAVCO is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: FAVCO's weekly volatility (2%) has been stable over the past year.
About the Company
Favelle Favco Berhad, an investment holding company, engages in the design, manufacture, supply, service, trading, and leasing of cranes under the Favelle Favco and Kroll brands in Malaysia and internationally. It operates through Cranes and Intelligent Automation Group segments. The company offers offshore oil and gas pedestal, tower, shipyard, and other heavy lifting equipment cranes.
Favelle Favco Berhad Fundamentals Summary
|FAVCO fundamental statistics|
Is FAVCO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FAVCO income statement (TTM)|
|Cost of Revenue||RM443.71m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.23|
|Net Profit Margin||8.58%|
How did FAVCO perform over the long term?See historical performance and comparison
3.6%Current Dividend Yield
Is Favelle Favco Berhad undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FAVCO (MYR2.25) is trading below our estimate of fair value (MYR3.62)
Significantly Below Fair Value: FAVCO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FAVCO is good value based on its PE Ratio (10x) compared to the MY Machinery industry average (20.1x).
PE vs Market: FAVCO is good value based on its PE Ratio (10x) compared to the MY market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: FAVCO is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: FAVCO is good value based on its PB Ratio (0.7x) compared to the MY Machinery industry average (1.5x).
How is Favelle Favco Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FAVCO's forecast earnings growth (16% per year) is above the savings rate (3.6%).
Earnings vs Market: FAVCO's earnings (16% per year) are forecast to grow faster than the MY market (10.8% per year).
High Growth Earnings: FAVCO's earnings are forecast to grow, but not significantly.
Revenue vs Market: FAVCO's revenue (6.7% per year) is forecast to grow faster than the MY market (6.6% per year).
High Growth Revenue: FAVCO's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FAVCO's Return on Equity is forecast to be low in 3 years time (8.9%).
How has Favelle Favco Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FAVCO has high quality earnings.
Growing Profit Margin: FAVCO's current net profit margins (8.6%) are lower than last year (12.3%).
Past Earnings Growth Analysis
Earnings Trend: FAVCO's earnings have declined by 6.6% per year over the past 5 years.
Accelerating Growth: FAVCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FAVCO had negative earnings growth (-28.9%) over the past year, making it difficult to compare to the Machinery industry average (20.2%).
Return on Equity
High ROE: FAVCO's Return on Equity (7.1%) is considered low.
How is Favelle Favco Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: FAVCO's short term assets (MYR894.3M) exceed its short term liabilities (MYR564.3M).
Long Term Liabilities: FAVCO's short term assets (MYR894.3M) exceed its long term liabilities (MYR58.4M).
Debt to Equity History and Analysis
Debt Level: FAVCO's debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: FAVCO's debt to equity ratio has increased from 5.2% to 14.2% over the past 5 years.
Debt Coverage: FAVCO's debt is well covered by operating cash flow (86.5%).
Interest Coverage: FAVCO earns more interest than it pays, so coverage of interest payments is not a concern.
What is Favelle Favco Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FAVCO's dividend (3.56%) is higher than the bottom 25% of dividend payers in the MY market (1.55%).
High Dividend: FAVCO's dividend (3.56%) is low compared to the top 25% of dividend payers in the MY market (4.17%).
Stability and Growth of Payments
Stable Dividend: FAVCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: FAVCO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.6%), FAVCO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FAVCO's dividends in 3 years are forecast to be covered by earnings (54.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chung Mac (43 yo)
Mr. Chung Hui Mac has been the Chief Executive Officer of Favelle Favco Berhad (“FFB”), a subsidiary of Muhibbah Engineering (M) Bhd. since May 5, 2004 and its Managing Director since August 26, 2013. Mr....
Experienced Management: FAVCO's management team is seasoned and experienced (17.7 years average tenure).
Experienced Board: FAVCO's board of directors are considered experienced (7.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Favelle Favco Berhad's employee growth, exchange listings and data sources
- Name: Favelle Favco Berhad
- Ticker: FAVCO
- Exchange: KLSE
- Founded: 1923
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: RM501.468m
- Shares outstanding: 222.87m
- Website: https://www.favellefavco.com
Number of Employees
- Favelle Favco Berhad
- Lot 586, 2nd Mile
- Jalan Batu Tiga Lama
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:37|
|End of Day Share Price||2021/09/24 00:00|
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.