Kumpulan H & L High-Tech Berhad

KLSE:HIGHTEC Stock Report

Market Cap: RM 91.1m

Kumpulan H & L High-Tech Berhad Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: HIGHTEC (MYR0.78) is trading above our estimate of fair value (MYR0.51)

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

Key Valuation Metric

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

Key metric: As HIGHTEC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HIGHTEC. This is calculated by dividing HIGHTEC's market cap by their current earnings.
What is HIGHTEC's PE Ratio?
PE Ratio13.1x
EarningsRM 6.93m
Market CapRM 91.09m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HIGHTEC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.6x
HPMT HPMT Holdings Berhad
23.2xn/aRM 93.6m
CEKD CEKD Berhad
13.2xn/aRM 90.5m
MYTECH MyTech Group Berhad
31xn/aRM 94.0m
MBL Muar Ban Lee Group Berhad
2.8xn/aRM 95.6m
HIGHTEC Kumpulan H & L High-Tech Berhad
13.1xn/aRM 91.1m

Price-To-Earnings vs Peers: HIGHTEC is good value based on its Price-To-Earnings Ratio (13.1x) compared to the peer average (17.6x).

Price to Earnings Ratio vs Industry

How does HIGHTEC's PE Ratio compare vs other companies in the MY Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MBL Muar Ban Lee Group Berhad
2.8xn/aUS$21.41m
JASKITA Jasa Kita Berhad
1.8xn/aUS$15.60m
No more companies available in this PE range
HIGHTEC 13.1xIndustry Avg. 21.0xNo. of Companies4PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HIGHTEC is good value based on its Price-To-Earnings Ratio (13.1x) compared to the MY Machinery industry average (21x).

Price to Earnings Ratio vs Fair Ratio

What is HIGHTEC'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.

HIGHTEC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HIGHTEC's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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