Harrisons Holdings (Malaysia) Berhad
Market Cap
RM280.8m
Last Updated
2021/05/16 12:36 UTC
Data Sources
Company Financials
Executive Summary
Harrisons Holdings (Malaysia) Berhad, an investment holding company, markets, sells, and distributes building materials, industrial and agricultural chemical products, liquor products, and consumer goods primarily in Malaysia and Singapore. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, good value and pays a dividend.
Similar Companies
Share Price & News
How has Harrisons Holdings (Malaysia) Berhad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HARISON is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HARISON's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-0.5%
HARISON
-2.3%
MY Trade Distributors
-1.0%
MY Market
1 Year Return
13.9%
HARISON
51.1%
MY Trade Distributors
18.0%
MY Market
Return vs Industry: HARISON underperformed the MY Trade Distributors industry which returned 51.1% over the past year.
Return vs Market: HARISON underperformed the MY Market which returned 18% over the past year.
Shareholder returns
| HARISON | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | -2.3% | -1.0% |
| 30 Day | 1.7% | 2.2% | -2.1% |
| 90 Day | 4.9% | 9.8% | -0.5% |
| 1 Year | 20.0%13.9% | 53.9%51.1% | 21.6%18.0% |
| 3 Year | 18.2%1.2% | 9.4%-0.5% | -0.8%-10.1% |
| 5 Year | 73.5%33.1% | 35.1%17.4% | 15.2%-4.2% |
Long-Term Price Volatility Vs. Market
How volatile is Harrisons Holdings (Malaysia) Berhad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Did You Participate In Any Of Harrisons Holdings (Malaysia) Berhad's (KLSE:HARISON) Respectable 77% Return?1 month ago | Simply Wall St
Why Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Should Be In Your Dividend Portfolio1 month ago | Simply Wall St
Returns At Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Are On The Way UpValuation
Is Harrisons Holdings (Malaysia) Berhad undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HARISON (MYR4.1) is trading below our estimate of fair value (MYR16.53)
Significantly Below Fair Value: HARISON is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HARISON is good value based on its PE Ratio (9.5x) compared to the MY Trade Distributors industry average (22.6x).
PE vs Market: HARISON is good value based on its PE Ratio (9.5x) compared to the MY market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HARISON's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HARISON's PB Ratio (0.8x) is in line with the MY Trade Distributors industry average.
Future Growth
How is Harrisons Holdings (Malaysia) Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.3%
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 Harrisons Holdings (Malaysia) 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.
Past Performance
How has Harrisons Holdings (Malaysia) Berhad performed over the past 5 years?
10.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HARISON has high quality earnings.
Growing Profit Margin: HARISON's current net profit margins (1.6%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: HARISON's earnings have grown by 10.6% per year over the past 5 years.
Accelerating Growth: HARISON's earnings growth over the past year (10%) is below its 5-year average (10.6% per year).
Earnings vs Industry: HARISON earnings growth over the past year (10%) underperformed the Trade Distributors industry 14.4%.
Return on Equity
High ROE: HARISON's Return on Equity (9.4%) is considered low.
Financial Health
How is Harrisons Holdings (Malaysia) Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: HARISON's short term assets (MYR633.7M) exceed its short term liabilities (MYR365.9M).
Long Term Liabilities: HARISON's short term assets (MYR633.7M) exceed its long term liabilities (MYR50.9M).
Debt to Equity History and Analysis
Debt Level: HARISON's debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: HARISON's debt to equity ratio has reduced from 56% to 38% over the past 5 years.
Debt Coverage: HARISON's debt is well covered by operating cash flow (81.9%).
Interest Coverage: HARISON's interest payments on its debt are well covered by EBIT (8.5x coverage).
Balance Sheet
Dividend
What is Harrisons Holdings (Malaysia) Berhad current dividend yield, its reliability and sustainability?
4.88%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HARISON's dividend (4.88%) is higher than the bottom 25% of dividend payers in the MY market (1.41%).
High Dividend: HARISON's dividend (4.88%) is in the top 25% of dividend payers in the MY market (3.97%)
Stability and Growth of Payments
Stable Dividend: HARISON's dividend payments have been volatile in the past 10 years.
Growing Dividend: HARISON's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.4%), HARISON'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?
2.8yrs
Average management tenure
CEO
Clement Chang (69 yo)
1.75yrs
Tenure
RM356,000
Compensation
Mr. Kon Sang Chang, also known as Clement, serves as Chief Executive Officer at Harrisons Holdings (Malaysia) Berhad since February 5, 2020 and has been its Executive Director since August 05, 2019. Mr. Ch...
CEO Compensation Analysis
Compensation vs Market: Clement's total compensation ($USD86.29K) is below average for companies of similar size in the MY market ($USD139.42K).
Compensation vs Earnings: Insufficient data to compare Clement's compensation with company performance.
Leadership Team
Experienced Management: HARISON's management team is considered experienced (2.8 years average tenure).
Board Members
Experienced Board: HARISON's board of directors are seasoned and experienced ( 20.5 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
Harrisons Holdings (Malaysia) Berhad's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Harrisons Holdings (Malaysia) Berhad
- Ticker: HARISON
- Exchange: KLSE
- Founded: 1918
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: RM280.752m
- Shares outstanding: 68.48m
- Website: https://www.harrisons.com.my
Number of Employees
Location
- Harrisons Holdings (Malaysia) Berhad
- Wisma Bumi Raya
- 9th Floor
- Kuala Lumpur
- Wilayah Persekutuan
- 50350
- Malaysia
Listings
Biography
Harrisons Holdings (Malaysia) Berhad, an investment holding company, markets, sells, and distributes building materials, industrial and agricultural chemical products, liquor products, and consumer goods p...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/16 12:36 |
| End of Day Share Price | 2021/05/11 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.