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GAMU

Gamuda BerhadKLSE:GAMUDA Stock Report

Market Cap

RM7.7b

7D

3.4%

1Y

-5.5%

Updated

24 Sep, 2021

Data

Company Financials +
GAMUDA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends0/6

GAMUDA Overview

Gamuda Berhad, an investment holding company, engages in the civil engineering construction business in Malaysia and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Gamuda Berhad
Historical stock prices
Current Share PriceRM3.07
52 Week HighRM2.60
52 Week LowRM4.00
Beta0.98
1 Month Change4.07%
3 Month Change-2.85%
1 Year Change-5.54%
3 Year Change-8.63%
5 Year Change-37.35%
Change since IPO598.57%

Recent News & Updates

Sep 14
Is Now The Time To Look At Buying Gamuda Berhad (KLSE:GAMUDA)?

Is Now The Time To Look At Buying Gamuda Berhad (KLSE:GAMUDA)?

Gamuda Berhad ( KLSE:GAMUDA ), is not the largest company out there, but it saw a decent share price growth in the...

Aug 05
Does Gamuda Berhad (KLSE:GAMUDA) Have A Healthy Balance Sheet?

Does Gamuda Berhad (KLSE:GAMUDA) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Jun 11
Gamuda Berhad (KLSE:GAMUDA) Has Some Difficulty Using Its Capital Effectively

Gamuda Berhad (KLSE:GAMUDA) Has Some Difficulty Using Its Capital Effectively

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...

May 29
When Should You Buy Gamuda Berhad (KLSE:GAMUDA)?

When Should You Buy Gamuda Berhad (KLSE:GAMUDA)?

While Gamuda Berhad ( KLSE:GAMUDA ) might not be the most widely known stock at the moment, it saw significant share...

May 16
Calculating The Fair Value Of Gamuda Berhad (KLSE:GAMUDA)

Calculating The Fair Value Of Gamuda Berhad (KLSE:GAMUDA)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Gamuda Berhad...

Shareholder Returns

GAMUDAMY ConstructionMY Market
7D3.4%-0.7%-0.7%
1Y-5.5%1.0%6.2%

Return vs Industry: GAMUDA underperformed the MY Construction industry which returned 1% over the past year.

Return vs Market: GAMUDA underperformed the MY Market which returned 6.2% over the past year.

Price Volatility

Is GAMUDA's price volatile compared to industry and market?
GAMUDA volatility
GAMUDA Beta0.98
Industry Beta1.03
Market Beta1

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

Volatility Over Time: GAMUDA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19764,284Yun Linhttps://www.gamuda.com.my

Gamuda Berhad, an investment holding company, engages in the civil engineering construction business in Malaysia and internationally. It operates through Engineering and Construction, Property Development and Club Operations, and Water and Expressway Concessions segments. The company constructs highways and bridges, airfield facilities, railway, tunnel, water treatment plants, dams, power plants, and marine ports and buildings, as well as offers general and trading services related to construction activities; develops residential and commercial properties; and operates clubs and theme parks.

Gamuda Berhad Fundamentals Summary

How do Gamuda Berhad's earnings and revenue compare to its market cap?
GAMUDA fundamental statistics
Market CapRM7.72b
Earnings (TTM)RM356.89m
Revenue (TTM)RM3.66b

21.6x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GAMUDA income statement (TTM)
RevenueRM3.66b
Cost of RevenueRM2.42b
Gross ProfitRM1.24b
ExpensesRM885.78m
EarningsRM356.89m

Last Reported Earnings

Apr 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin33.94%
Net Profit Margin9.75%
Debt/Equity Ratio60.9%

How did GAMUDA perform over the long term?

See historical performance and comparison

Valuation

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

21.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GAMUDA (MYR3.07) is trading above our estimate of fair value (MYR2.42)

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


Price To Earnings Ratio

PE vs Industry: GAMUDA is poor value based on its PE Ratio (21.6x) compared to the MY Construction industry average (17.5x).

PE vs Market: GAMUDA is poor value based on its PE Ratio (21.6x) compared to the MY market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: GAMUDA is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: GAMUDA's PB Ratio (0.9x) is in line with the MY Construction industry average.


Future Growth

How is Gamuda Berhad forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

18.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GAMUDA's forecast earnings growth (18.4% per year) is above the savings rate (3.6%).

Earnings vs Market: GAMUDA's earnings (18.4% per year) are forecast to grow faster than the MY market (10.8% per year).

High Growth Earnings: GAMUDA's earnings are forecast to grow, but not significantly.

Revenue vs Market: GAMUDA's revenue (14.3% per year) is forecast to grow faster than the MY market (6.6% per year).

High Growth Revenue: GAMUDA's revenue (14.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GAMUDA's Return on Equity is forecast to be low in 3 years time (6.9%).


Past Performance

How has Gamuda Berhad performed over the past 5 years?

-10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GAMUDA has a large one-off loss of MYR146.6M impacting its April 30 2021 financial results.

Growing Profit Margin: GAMUDA's current net profit margins (9.7%) are lower than last year (13%).


Past Earnings Growth Analysis

Earnings Trend: GAMUDA's earnings have declined by 10.2% per year over the past 5 years.

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

Earnings vs Industry: GAMUDA had negative earnings growth (-37.2%) over the past year, making it difficult to compare to the Construction industry average (-1.8%).


Return on Equity

High ROE: GAMUDA's Return on Equity (4.4%) is considered low.


Financial Health

How is Gamuda Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: GAMUDA's short term assets (MYR10.3B) exceed its short term liabilities (MYR5.2B).

Long Term Liabilities: GAMUDA's short term assets (MYR10.3B) exceed its long term liabilities (MYR4.5B).


Debt to Equity History and Analysis

Debt Level: GAMUDA's debt to equity ratio (60.9%) is considered high.

Reducing Debt: GAMUDA's debt to equity ratio has reduced from 64.6% to 60.9% over the past 5 years.

Debt Coverage: GAMUDA's debt is well covered by operating cash flow (22.4%).

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


Balance Sheet


Dividend

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

3.11%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GAMUDA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GAMUDA'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 GAMUDA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GAMUDA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GAMUDA is not paying a notable dividend for the MY market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GAMUDA'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?

5.3yrs

Average management tenure


CEO

Yun Lin (66 yo)

40.58yrs

Tenure

RM5,705,000

Compensation

Y Bhg Dato. Yun Ling Lin has been Group Managing Director of Gamuda Berhad since February 10, 1981. Y Bhg Dato. Lin joined Gamuda Berhad in 1978 as a Senior Project Manager.He is a Civil Engineer with man...


CEO Compensation Analysis

Compensation vs Market: Yun's total compensation ($USD1.36M) is above average for companies of similar size in the MY market ($USD516.45K).

Compensation vs Earnings: Yun's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GAMUDA's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: GAMUDA's board of directors are considered experienced (8.5 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

Gamuda Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Gamuda Berhad
  • Ticker: GAMUDA
  • Exchange: KLSE
  • Founded: 1976
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: RM7.717b
  • Shares outstanding: 2.51b
  • Website: https://www.gamuda.com.my

Number of Employees


Location

  • Gamuda Berhad
  • Menara Gamuda
  • D-16-01, Block D, PJ Trade Centre
  • Petaling Jaya
  • Selangor
  • 47820
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:30
End of Day Share Price2021/09/24 00:00
Earnings2021/04/30
Annual Earnings2020/07/31


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.