KLSE:FIBON

Stock Analysis Report

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Executive Summary

Fibon Berhad, an investment holding company, manufactures, sells, and trades in electrical insulators, electrical enclosures, meter boards, switchboard equipment parts, and other related products. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: FIBON is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: FIBON's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

-6.2%

FIBON

-3.7%

MY Electrical

-0.6%

MY Market


1 Year Return

16.9%

FIBON

112.7%

MY Electrical

10.5%

MY Market

Return vs Industry: FIBON underperformed the MY Electrical industry which returned 112.7% over the past year.

Return vs Market: FIBON exceeded the MY Market which returned 10.5% over the past year.


Shareholder returns

FIBONIndustryMarket
7 Day-6.2%-3.7%-0.6%
30 Day22.6%0.7%1.8%
90 Day24.6%9.7%-0.6%
1 Year19.0%16.9%121.3%112.7%14.1%10.5%
3 Year-27.2%-30.9%59.7%20.5%-1.2%-10.2%
5 Year-22.0%-29.0%48.2%15.7%12.2%-6.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

21.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FIBON (MYR0.38) is trading above our estimate of fair value (MYR0.05)

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


Price To Earnings Ratio

PE vs Industry: FIBON's PE Ratio (21.5x) is in line with the MY Electrical industry average.

PE vs Market: FIBON is poor value based on its PE Ratio (21.5x) compared to the MY market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FIBON's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FIBON is good value based on its PB Ratio (0.7x) compared to the MY Electrical industry average (1.3x).


Next Steps

Future Growth

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

28.7%

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 Fibon 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.


Next Steps

Past Performance

How has Fibon Berhad performed over the past 5 years?

-21.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FIBON has high quality earnings.

Growing Profit Margin: FIBON's current net profit margins (14%) are lower than last year (16.2%).


Past Earnings Growth Analysis

Earnings Trend: FIBON's earnings have declined by 21.6% per year over the past 5 years.

Accelerating Growth: FIBON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FIBON had negative earnings growth (-28.9%) over the past year, making it difficult to compare to the Electrical industry average (-6.1%).


Return on Equity

High ROE: FIBON's Return on Equity (3.4%) is considered low.


Next Steps

Financial Health

How is Fibon Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: FIBON's short term assets (MYR38.7M) exceed its short term liabilities (MYR1.2M).

Long Term Liabilities: FIBON's short term assets (MYR38.7M) exceed its long term liabilities (MYR493.0K).


Debt to Equity History and Analysis

Debt Level: FIBON is debt free.

Reducing Debt: FIBON has not had any debt for past 5 years.

Debt Coverage: FIBON has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FIBON has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

1.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FIBON's dividend (1.42%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.47%).

High Dividend: FIBON's dividend (1.42%) is low compared to the top 25% of dividend payers in the MY market (4.23%).


Stability and Growth of Payments

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

Growing Dividend: FIBON's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.5%), FIBON's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

12.9yrs

Average management tenure


CEO

Eddie Pang (54 yo)

13yrs

Tenure

RM33,000

Compensation

Mr. Fok Seng Pang, also known as Eddie, DPSM, has been Managing Director and Executive Director of FIBON Berhad since March 25, 2008. Mr. Pang has experience in the advanced polymer matrix fibre composite ...


Leadership Team

NamePositionTenureCompensationOwnership
Chee Pang
Executive Chairman13yrsRM174.60k22.06%
MYR 8.2m
Fok Pang
MD & Executive Director13yrsRM33.00k20.85%
MYR 7.7m
Wai Lim
Executive Director12.92yrsRM32.70k1.5%
MYR 558.6k
Nyuk Pang
Executive Director12.92yrsRM42.60k3.42%
MYR 1.3m
Zhu Lim
Joint Secretary1.17yrsno datano data
Sze Tiew
Company Secretary1.17yrsno datano data
Zakaria Bin Abd Karim
Technical Consultantno datano datano data

12.9yrs

Average Tenure

56yo

Average Age

Experienced Management: FIBON's management team is seasoned and experienced (12.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chee Pang
Executive Chairman13yrsRM174.60k22.06%
MYR 8.2m
Fok Pang
MD & Executive Director13yrsRM33.00k20.85%
MYR 7.7m
Wai Lim
Executive Director12.92yrsRM32.70k1.5%
MYR 558.6k
Nyuk Pang
Executive Director12.92yrsRM42.60k3.42%
MYR 1.3m
Chee Chong
Independent Non-Executive Director5.58yrsRM34.80k0.056%
MYR 20.8k
Peng Chong
Independent Non-Executive Director12.42yrsRM35.20k0.00033%
MYR 122.5
Mazlan Bin Awang
Independent Non-Executive Director0.92yrRM4.80kno data

12.9yrs

Average Tenure

54yo

Average Age

Experienced Board: FIBON's board of directors are seasoned and experienced ( 12.9 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

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


Key Information

  • Name: Fibon Berhad
  • Ticker: FIBON
  • Exchange: KLSE
  • Founded: 2008
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: RM37.132m
  • Shares outstanding: 97.72m
  • Website: https://www.fibon.com.my

Location

  • Fibon Berhad
  • 12A, Jalan 20
  • Taman Sri Kluang
  • Kluang
  • Johor
  • 86000
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FIBONKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRDec 2008

Biography

Fibon Berhad, an investment holding company, manufactures, sells, and trades in electrical insulators, electrical enclosures, meter boards, switchboard equipment parts, and other related products. The comp...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 11:02
End of Day Share Price2021/03/04 00:00
Earnings2020/11/30
Annual Earnings2020/05/31


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.