IJM Corporation Berhad engages in the construction, property development, manufacturing and quarrying, infrastructure concessions, and plantations businesses in Malaysia, India, Indonesia, the United Kingdom, and internationally. More Details
Adequate balance sheet and slightly overvalued.
Share Price & News
How has IJM Corporation Berhad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IJM is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: IJM's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: IJM underperformed the MY Construction industry which returned 16.8% over the past year.
Return vs Market: IJM underperformed the MY Market which returned 25.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is IJM Corporation Berhad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Type Of Shareholders Make Up IJM Corporation Berhad's (KLSE:IJM) Share Registry?
4 weeks ago | Simply Wall StIs IJM Corporation Berhad (KLSE:IJM) A Risky Investment?
Is IJM Corporation Berhad undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IJM (MYR1.89) is trading above our estimate of fair value (MYR0.55)
Significantly Below Fair Value: IJM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IJM is good value based on its PE Ratio (21.7x) compared to the MY Construction industry average (25.8x).
PE vs Market: IJM is poor value based on its PE Ratio (21.7x) compared to the MY market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: IJM is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: IJM is good value based on its PB Ratio (0.6x) compared to the MY Construction industry average (0.9x).
How is IJM Corporation Berhad forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IJM's forecast earnings growth (18.5% per year) is above the savings rate (3.7%).
Earnings vs Market: IJM's earnings (18.5% per year) are forecast to grow faster than the MY market (16.5% per year).
High Growth Earnings: IJM's earnings are forecast to grow, but not significantly.
Revenue vs Market: IJM's revenue (7.3% per year) is forecast to grow slower than the MY market (7.5% per year).
High Growth Revenue: IJM's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IJM's Return on Equity is forecast to be low in 3 years time (3.8%).
How has IJM Corporation Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IJM has high quality earnings.
Growing Profit Margin: IJM's current net profit margins (5.2%) are lower than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: IJM's earnings have declined by 22.4% per year over the past 5 years.
Accelerating Growth: IJM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IJM had negative earnings growth (-24.3%) over the past year, making it difficult to compare to the Construction industry average (-29.9%).
Return on Equity
High ROE: IJM's Return on Equity (3.8%) is considered low.
How is IJM Corporation Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: IJM's short term assets (MYR13.0B) exceed its short term liabilities (MYR5.6B).
Long Term Liabilities: IJM's short term assets (MYR13.0B) exceed its long term liabilities (MYR6.3B).
Debt to Equity History and Analysis
Debt Level: IJM's debt to equity ratio (59.6%) is considered high.
Reducing Debt: IJM's debt to equity ratio has increased from 59.5% to 59.6% over the past 5 years.
Debt Coverage: IJM's debt is well covered by operating cash flow (23.7%).
Interest Coverage: IJM's interest payments on its debt are well covered by EBIT (13.3x coverage).
What is IJM Corporation Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IJM's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.31%).
High Dividend: IJM's dividend (1.06%) is low compared to the top 25% of dividend payers in the MY market (3.99%).
Stability and Growth of Payments
Stable Dividend: IJM's dividend payments have been volatile in the past 10 years.
Growing Dividend: IJM's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.4%), IJM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IJM's dividends in 3 years are forecast to be well covered by earnings (36.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hau Liew (55 yo)
Mr. Liew Hau Seng, B. Eng. (Civil) (Hons), MBA has been Chief Executive Officer, Managing Director & Director of IJM Corporation Berhad, September 1, 2019. Mr. Liew serves as Non-Independent and Non-Execut...
Experienced Management: IJM's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: IJM's board of directors are considered experienced (4.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IJM Corporation Berhad's company bio, employee growth, exchange listings and data sources
- Name: IJM Corporation Berhad
- Ticker: IJM
- Exchange: KLSE
- Founded: 1983
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: RM6.834b
- Shares outstanding: 3.62b
- Website: https://www.ijm.com
Number of Employees
- IJM Corporation Berhad
- Wisma IJM
- Jalan Yong Shook Lin
- Petaling Jaya
IJM Corporation Berhad engages in the construction, property development, manufacturing and quarrying, infrastructure concessions, and plantations businesses in Malaysia, India, Indonesia, the United Kingd...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/14 11:01|
|End of Day Share Price||2021/04/14 00:00|
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.