Announcement • Apr 29
HSS Engineers Berhad, Annual General Meeting, Jun 09, 2026 HSS Engineers Berhad, Annual General Meeting, Jun 09, 2026, at 10:00 Singapore Standard Time. Location: banyan room, ground floor, sime darby convention centre (sdcc), 1a, jalan bukit kiara 1, bukit kiara, 60000 kuala lumpur, wilayah persekutuan kuala lumpur, Malaysia New Risk • Apr 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (RM205.9m market cap, or US$52.1m). New Risk • Feb 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (RM218.6m market cap, or US$56.3m). Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: RM0.027 (vs RM0.049 in FY 2024) Full year 2025 results: EPS: RM0.027 (down from RM0.049 in FY 2024). Revenue: RM222.3m (up 11% from FY 2024). Net income: RM13.7m (down 46% from FY 2024). Profit margin: 6.2% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Dec 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (RM213.6m market cap, or US$52.2m). Major Estimate Revision • Dec 03
Consensus revenue estimates fall by 20% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from RM272.5m to RM219.2m. EPS estimate fell from RM0.068 to RM0.04 per share. Net income forecast to grow 57% next year vs 26% growth forecast for Construction industry in Malaysia. Consensus price target down from RM1.00 to RM0.77. Share price fell 6.3% to RM0.38 over the past week. Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: RM0.011 (vs RM0.014 in 3Q 2024) Third quarter 2025 results: EPS: RM0.011 (down from RM0.014 in 3Q 2024). Revenue: RM47.2m (down 6.4% from 3Q 2024). Net income: RM5.34m (down 26% from 3Q 2024). Profit margin: 11% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 21
Second quarter 2025 earnings released: EPS: RM0.013 (vs RM0.006 in 2Q 2024) Second quarter 2025 results: EPS: RM0.013 (up from RM0.006 in 2Q 2024). Revenue: RM57.7m (up 32% from 2Q 2024). Net income: RM6.56m (up 131% from 2Q 2024). Profit margin: 11% (up from 6.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Aug 12
Consensus revenue estimates fall by 15% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from RM357.1m to RM304.5m. EPS estimate fell from RM0.09 to RM0.08 per share. Net income forecast to grow 105% next year vs 29% growth forecast for Construction industry in Malaysia. Consensus price target down from RM1.18 to RM1.12. Share price rose 3.1% to RM0.67 over the past week. New Risk • Jul 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (RM307.6m market cap, or US$72.9m). Upcoming Dividend • Jun 12
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 19 June 2025. Payment date: 18 July 2025. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Malaysian dividend payers (5.6%). In line with average of industry peers (2.5%). Announcement • Jun 11
HSS Engineers Berhad Approves Final Single Tier Dividend for the Financial Year Ended December 31, 2024 HSS Engineers Berhad at its AGM held on June 11, 2025, approved a final single tier dividend of 1.46 sen per ordinary share for the financial year ended 31 December 2024. New Risk • May 28
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (RM338.1m market cap, or US$79.6m). Price Target Changed • May 22
Price target decreased by 23% to RM1.18 Down from RM1.54, the current price target is an average from 2 analysts. New target price is 55% above last closing price of RM0.76. Stock is down 25% over the past year. The company is forecast to post earnings per share of RM0.089 for next year compared to RM0.05 last year. Declared Dividend • May 01
Dividend increased to RM0.015 Dividend of RM0.015 is 21% higher than last year. Ex-date: 19th June 2025 Payment date: 18th July 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.5% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 103% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 29
HSS Engineers Berhad, Annual General Meeting, Jun 11, 2025 HSS Engineers Berhad, Annual General Meeting, Jun 11, 2025, at 10:00 Singapore Standard Time. Location: banyan room, ground floor, sime darby convention centre (sdcc), 1a, jalan bukit kiara 1, bukit kiara, 60000 kuala lumpur, wilayah persekutuan kuala lumpur, Malaysia Announcement • Apr 23
Hss Engineers Berhad Recommends Final Single Tier Dividend for the Financial Year Ended 31 December 2024 The Board of Directors of HSS Engineers Berhad has resolved to recommend a final single tier dividend of 1.46 sen per ordinary share in respect of the financial year ended 31 December 2024, subject to the shareholders' approval at the forthcoming Tenth Annual General Meeting of the Company. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM437.3m (US$97.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: RM0.05 (vs RM0.041 in FY 2023) Full year 2024 results: EPS: RM0.05 (up from RM0.041 in FY 2023). Revenue: RM201.5m (up 7.5% from FY 2023). Net income: RM25.2m (up 23% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. New Risk • Feb 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM444.9m (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 21
Third quarter 2024 earnings released: EPS: RM0.014 (vs RM0.01 in 3Q 2023) Third quarter 2024 results: EPS: RM0.014 (up from RM0.01 in 3Q 2023). Revenue: RM50.4m (up 6.3% from 3Q 2023). Net income: RM7.23m (up 40% from 3Q 2023). Profit margin: 14% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Nov 19
Consensus revenue estimates fall by 15% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from RM277.8m to RM235.7m. EPS estimate fell from RM0.06 to RM0.05 per share. Net income forecast to grow 107% next year vs 37% growth forecast for Construction industry in Malaysia. Consensus price target up from RM1.49 to RM1.54. Share price rose 4.4% to RM1.18 over the past week. Price Target Changed • Aug 26
Price target increased by 11% to RM1.49 Up from RM1.35, the current price target is an average from 2 analysts. New target price is 33% above last closing price of RM1.12. Stock is up 84% over the past year. The company is forecast to post earnings per share of RM0.059 for next year compared to RM0.041 last year. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: RM0.006 (vs RM0.011 in 2Q 2023) Second quarter 2024 results: EPS: RM0.006 (down from RM0.011 in 2Q 2023). Revenue: RM43.8m (down 10% from 2Q 2023). Net income: RM2.84m (down 47% from 2Q 2023). Profit margin: 6.5% (down from 11% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to RM1.12, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Construction industry in Malaysia. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM2.01 per share. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Independent & Non Executive Director Keat Tai was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to RM1.28, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Construction industry in Malaysia. Total returns to shareholders of 149% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.77 per share. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to RM1.07, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Construction industry in Malaysia. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.44 per share. New Risk • Jun 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM470.3m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (RM470.3m market cap, or US$99.8m). Announcement • Jun 08
HSS Engineers Berhad Approves Final Single Tier Dividend for the Financial Year Ended 31 December 2023 HSS Engineers Berhad at its AGM held on June 6, 2024, approved a final single tier dividend of 1.21 sen per ordinary share for the financial year ended 31 December 2023. Upcoming Dividend • Jun 03
Upcoming dividend of RM0.012 per share Eligible shareholders must have bought the stock before 10 June 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Malaysian dividend payers (4.4%). Lower than average of industry peers (2.2%). Price Target Changed • May 25
Price target increased by 7.2% to RM1.35 Up from RM1.26, the current price target is an average from 2 analysts. New target price is 32% above last closing price of RM1.02. Stock is up 104% over the past year. The company is forecast to post earnings per share of RM0.059 for next year compared to RM0.041 last year. Buy Or Sell Opportunity • May 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.3% to RM1.05. The fair value is estimated to be RM1.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 37%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Declared Dividend • May 02
Dividend increased to RM0.012 Dividend of RM0.012 is 32% higher than last year. Ex-date: 10th June 2024 Payment date: 26th June 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.6%. Payout Ratios Payout ratio: 25%. Cash payout ratio: 25%. Announcement • Apr 25
HSS Engineers Berhad Proposes Final Single Tier Dividend in Respect of the Financial Year Ended 31 December 2023 The Board of Directors of HSS Engineers Berhad has resolved to recommend a final single tier dividend of 1.21 sen per ordinary share in respect of the financial year ended 31 December 2023, subject to the shareholders' approval at the forthcoming Ninth Annual General Meeting of the Company. New Risk • Apr 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM460.2m (US$96.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (RM460.2m market cap, or US$96.2m). Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: RM0.041 (vs RM0.031 in FY 2022) Full year 2023 results: EPS: RM0.041 (up from RM0.031 in FY 2022). Revenue: RM187.3m (flat on FY 2022). Net income: RM20.3m (up 34% from FY 2022). Profit margin: 11% (up from 8.1% in FY 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. New Risk • Feb 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jan 23
Now 21% undervalued Over the last 90 days, the stock has risen 26% to RM1.15. The fair value is estimated to be RM1.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 55% in 2 years. Earnings are forecast to grow by 111% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to RM1.12, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Construction industry in Malaysia. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM1.46 per share. Announcement • Dec 08
HSS Engineers Berhad announced that it expects to receive MYR 51.5736 million in funding HSS Engineers Berhad announced a private placement to issue 49,590,000 common shares at a price of MYR 1.04 per share , representing up to 10 per cent of the total issued and paid-up share capital for the aggregate gross proceeds of MYR 51.5736 million on December 8, 2023. New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: RM0.01 (vs RM0.01 in 3Q 2022) Third quarter 2023 results: EPS: RM0.01 (in line with 3Q 2022). Revenue: RM47.4m (up 17% from 3Q 2022). Net income: RM5.17m (up 3.1% from 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 28% per year and the company’s share price has also increased by 28% per year. Price Target Changed • Sep 25
Price target increased by 33% to RM1.01 Up from RM0.75, the current price target is an average from 2 analysts. New target price is 31% above last closing price of RM0.77. Stock is up 96% over the past year. The company is forecast to post earnings per share of RM0.052 for next year compared to RM0.031 last year. Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: RM1.11 (vs RM0.008 in 2Q 2022) Second quarter 2023 results: EPS: RM1.11 (up from RM0.008 in 2Q 2022). Revenue: RM48.9m (up 29% from 2Q 2022). Net income: RM5.31m (up 36% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jun 09
HSS Engineers Berhad Approves Final Single Tier Dividend for the Financial Year Ended 31 December 2022 HSS Engineers Berhad announced that at its Annual General Meeting held on June 8, 2023, declared a final single tier dividend of 0.92 sen per ordinary share for the financial year ended 31 December 2022. Price Target Changed • May 27
Price target increased by 19% to RM0.75 Up from RM0.64, the current price target is an average from 2 analysts. New target price is 51% above last closing price of RM0.50. Stock is up 7.5% over the past year. The company is forecast to post earnings per share of RM0.054 for next year compared to RM0.031 last year. Reported Earnings • May 23
First quarter 2023 earnings released: EPS: RM0.009 (vs RM0.005 in 1Q 2022) First quarter 2023 results: EPS: RM0.009 (up from RM0.005 in 1Q 2022). Revenue: RM45.9m (up 26% from 1Q 2022). Net income: RM4.23m (up 66% from 1Q 2022). Profit margin: 9.2% (up from 7.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: RM0.03 (vs RM0.006 in FY 2021) Full year 2022 results: EPS: RM0.03 (up from RM0.006 in FY 2021). Revenue: RM185.9m (up 13% from FY 2021). Net income: RM15.1m (up 398% from FY 2021). Profit margin: 8.1% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Major Estimate Revision • Nov 30
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from RM193.3m to RM182.3m. EPS estimate rose from RM0.03 to RM0.03. Net income forecast to grow 83% next year vs 33% growth forecast for Construction industry in Malaysia. Consensus price target down from RM0.74 to RM0.64. Share price rose 11% to RM0.46 over the past week. Reported Earnings • Nov 24
Third quarter 2022 earnings released: EPS: RM0.01 (vs RM0 in 3Q 2021) Third quarter 2022 results: EPS: RM0.01 (up from RM0 in 3Q 2021). Revenue: RM40.4m (down 6.0% from 3Q 2021). Net income: RM5.01m (up RM4.78m from 3Q 2021). Profit margin: 12% (up from 0.5% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to RM0.74 Down from RM0.83, the current price target is an average from 2 analysts. New target price is 94% above last closing price of RM0.39. Stock is down 28% over the past year. The company is forecast to post earnings per share of RM0.025 for next year compared to RM0.0061 last year. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: RM0.008 (vs RM0.003 in 2Q 2021) Second quarter 2022 results: EPS: RM0.008 (up from RM0.003 in 2Q 2021). Revenue: RM37.9m (down 2.9% from 2Q 2021). Net income: RM3.89m (up 148% from 2Q 2021). Profit margin: 10% (up from 4.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 52%, compared to a 31% growth forecast for the Construction industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Major Estimate Revision • Aug 16
Consensus revenue estimates fall by 10% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from RM215.4m to RM193.3m. EPS estimate fell from RM0.03 to RM0.03 per share. Net income forecast to grow 295% next year vs 46% growth forecast for Construction industry in Malaysia. Consensus price target up from RM0.73 to RM0.83. Share price fell 3.0% to RM0.48 over the past week. Price Target Changed • Aug 15
Price target increased to RM0.75 Up from RM0.68, the current price target is an average from 2 analysts. New target price is 49% above last closing price of RM0.51. Stock is down 1.0% over the past year. The company is forecast to post earnings per share of RM0.028 for next year compared to RM0.0061 last year. Reported Earnings • May 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: RM0.005 (up from RM0.004 in 1Q 2021). Revenue: RM36.4m (down 17% from 1Q 2021). Net income: RM2.55m (up 29% from 1Q 2021). Profit margin: 7.0% (up from 4.5% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 68%. Over the next year, revenue is forecast to grow 44%, compared to a 29% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • May 21
HSS Engineers Berhad, Annual General Meeting, Jun 08, 2022 HSS Engineers Berhad, Annual General Meeting, Jun 08, 2022, at 10:00 Singapore Standard Time. Agenda: To discus other matters. Price Target Changed • Apr 27
Price target decreased to RM0.68 Down from RM0.76, the current price target is an average from 2 analysts. New target price is 44% above last closing price of RM0.47. Stock is down 23% over the past year. The company is forecast to post earnings per share of RM0.028 for next year compared to RM0.0061 last year. Price Target Changed • Feb 27
Price target decreased to RM0.68 Down from RM0.76, the current price target is an average from 2 analysts. New target price is 37% above last closing price of RM0.50. Stock is down 9.1% over the past year. The company is forecast to post earnings per share of RM0.019 for next year compared to RM0.022 last year. Price Target Changed • Feb 24
Price target decreased to RM0.72 Down from RM0.82, the current price target is an average from 2 analysts. New target price is 45% above last closing price of RM0.50. Stock is down 4.8% over the past year. The company is forecast to post earnings per share of RM0.019 for next year compared to RM0.022 last year. Reported Earnings • Nov 19
Third quarter 2021 earnings released: EPS RM0.001 (vs RM0.006 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: RM42.9m (up 2.1% from 3Q 2020). Net income: RM225.0k (down 92% from 3Q 2020). Profit margin: 0.5% (down from 6.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS RM0.003 (vs RM0.005 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM39.0m (down 4.5% from 2Q 2020). Net income: RM1.57m (down 41% from 2Q 2020). Profit margin: 4.0% (down from 6.5% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Major Estimate Revision • Aug 21
Consensus EPS estimates fall to RM0.026 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from RM194.0m to RM186.0m. EPS estimate also fell from RM0.031 to RM0.026. Net income forecast to grow 33% next year vs 38% growth forecast for Construction industry in Malaysia. Consensus price target down from RM0.82 to RM0.78. Share price fell 5.9% to RM0.48 over the past week. Executive Departure • Jun 24
Group CFO & Company Secretary Kuan Ng has left the company On the 17th of June, Kuan Ng's tenure as Group CFO & Company Secretary ended. We don't have any record of a personal shareholding under Kuan's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Price Target Changed • Jun 09
Price target increased to RM0.82 Up from RM0.76, the current price target is an average from 3 analysts. New target price is 29% above last closing price of RM0.64. Stock is down 2.3% over the past year. Reported Earnings • May 29
First quarter 2021 earnings released: EPS RM0.004 (vs RM0.005 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: RM43.9m (up 4.4% from 1Q 2020). Net income: RM1.98m (down 13% from 1Q 2020). Profit margin: 4.5% (down from 5.4% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Executive Departure • May 03
Senior Independent Non-Executive Director has left the company On the 25th of April, Mohan Ramalingam's tenure as Senior Independent Non-Executive Director ended after 6.0 years in the role. We don't have any record of a personal shareholding under Mohan's name. A total of 2 executives have left over the last 12 months. Price Target Changed • Mar 13
Price target raised to RM0.76 Up from RM0.69, the current price target is an average from 2 analysts. The new target price is 28% above the current share price of RM0.59. As of last close, the stock is up 37% over the past year. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 6.4%, compared to a 23% growth forecast for the Construction industry in Malaysia.