JAKS

JAKS Resources BerhadKLSE:JAKS Stock Report

Market Cap

RM990.5m

7D

-4.0%

1Y

-41.2%

Updated

18 Sep, 2021

Data

Company Financials +
JAKS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

JAKS Overview

JAKS Resources Berhad, an investment holding company, operates as a general contractor in Malaysia.

Price History & Performance

Summary of all time highs, changes and price drops for JAKS Resources Berhad
Historical stock prices
Current Share PriceRM0.48
52 Week HighRM0.41
52 Week LowRM0.97
Beta1.51
1 Month Change2.11%
3 Month Change-5.83%
1 Year Change-41.21%
3 Year Change-53.81%
5 Year Change-51.98%
Change since IPO-62.98%

Recent News & Updates

May 27
Is JAKS Resources Berhad (KLSE:JAKS) A Risky Investment?

Is JAKS Resources Berhad (KLSE:JAKS) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Apr 04
News Flash: One Analyst Just Made A Huge Upgrade To Their JAKS Resources Berhad (KLSE:JAKS) Forecasts

News Flash: One Analyst Just Made A Huge Upgrade To Their JAKS Resources Berhad (KLSE:JAKS) Forecasts

JAKS Resources Berhad ( KLSE:JAKS ) shareholders will have a reason to smile today, with the covering analyst making...

Shareholder Returns

JAKSMY ConstructionMY Market
7D-4.0%-1.4%-1.0%
1Y-41.2%-2.5%5.9%

Return vs Industry: JAKS underperformed the MY Construction industry which returned -2.5% over the past year.

Return vs Market: JAKS underperformed the MY Market which returned 5.9% over the past year.

Price Volatility

Is JAKS's price volatile compared to industry and market?
JAKS volatility
JAKS Beta1.51
Industry Beta1.03
Market Beta1

Stable Share Price: JAKS is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: JAKS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960146Lam Anghttps://www.jaks.com.my

JAKS Resources Berhad, an investment holding company, operates as a general contractor in Malaysia. It operates through four segments: Manufacturing, Trading, Construction, and Property Development/Property Investment. The company involved in the trading of sheet piles, steel bars, mild steel and special pipes, other steel related products, and building materials; and supply of products for water supply industry.

Valuation

Is JAKS Resources 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: JAKS (MYR0.49) is trading below our estimate of fair value (MYR1.04)

Significantly Below Fair Value: JAKS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JAKS is unprofitable, so we can't compare its PE Ratio to the MY Construction industry average.

PE vs Market: JAKS is unprofitable, so we can't compare its PE Ratio to the MY market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JAKS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JAKS's PB Ratio (0.8x) is in line with the MY Construction industry average.


Future Growth

How is JAKS Resources Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

55.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JAKS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: JAKS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: JAKS's is expected to become profitable in the next 3 years.

Revenue vs Market: JAKS's revenue (15% per year) is forecast to grow faster than the MY market (6.3% per year).

High Growth Revenue: JAKS's revenue (15% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JAKS's Return on Equity is forecast to be low in 3 years time (7.1%).


Past Performance

How has JAKS Resources Berhad performed over the past 5 years?

-18.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JAKS is currently unprofitable.

Growing Profit Margin: JAKS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JAKS is unprofitable, and losses have increased over the past 5 years at a rate of 18.5% per year.

Accelerating Growth: Unable to compare JAKS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JAKS is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-2%).


Return on Equity

High ROE: JAKS has a negative Return on Equity (-5.36%), as it is currently unprofitable.


Financial Health

How is JAKS Resources Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: JAKS's short term assets (MYR664.8M) exceed its short term liabilities (MYR600.3M).

Long Term Liabilities: JAKS's short term assets (MYR664.8M) exceed its long term liabilities (MYR319.0M).


Debt to Equity History and Analysis

Debt Level: JAKS's debt to equity ratio (31.9%) is considered satisfactory.

Reducing Debt: JAKS's debt to equity ratio has reduced from 84.3% to 31.9% over the past 5 years.

Debt Coverage: JAKS's debt is not well covered by operating cash flow (7.1%).

Interest Coverage: JAKS's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

17.8yrs

Average board tenure


CEO

Lam Ang (53 yo)

no data

Tenure

RM14,668,524

Compensation

Mr. Lam Poah Ang serves as Chief Executive Officer and MD of JAKS Resources Berhad. Mr. Ang served as Managing Director and Group Chief Executive Officer of JAKS Resources Berhad. Mr. Ang provides the visi...


CEO Compensation Analysis

Compensation vs Market: Lam's total compensation ($USD3.52M) is above average for companies of similar size in the MY market ($USD184.03K).

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


Board Members

Experienced Board: JAKS's board of directors are seasoned and experienced ( 17.8 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 been substantially diluted in the past year, with total shares outstanding growing by 211.7%.


Top Shareholders

Company Information

JAKS Resources Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: JAKS Resources Berhad
  • Ticker: JAKS
  • Exchange: KLSE
  • Founded: 1960
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: RM990.524m
  • Shares outstanding: 2.04b
  • Website: https://www.jaks.com.my

Number of Employees


Location

  • JAKS Resources Berhad
  • Pacific Towers
  • Unit B-09-28, Tower B
  • Petaling Jaya
  • Selangor
  • 46200
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 11:02
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.