company background image
JAKS

JAKS Resources Berhad KLSE:JAKS Stock Report

Last Price

RM0.25

Market Cap

RM521.8m

7D

-2.0%

1Y

-45.7%

Updated

02 Oct, 2022

Data

Company Financials +
JAKS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends0/6

JAKS Stock Overview

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

JAKS Resources Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for JAKS Resources Berhad
Historical stock prices
Current Share PriceRM0.25
52 Week HighRM0.50
52 Week LowRM0.24
Beta1.43
1 Month Change-1.96%
3 Month Change-5.66%
1 Year Change-45.65%
3 Year Change-67.32%
5 Year Change-80.47%
Change since IPO-80.92%

Recent News & Updates

Jun 13
Does JAKS Resources Berhad (KLSE:JAKS) Have A Healthy Balance Sheet?

Does JAKS Resources Berhad (KLSE:JAKS) Have A Healthy Balance Sheet?

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

Shareholder Returns

JAKSMY ConstructionMY Market
7D-2.0%-0.8%-2.0%
1Y-45.7%-9.8%-11.6%

Return vs Industry: JAKS underperformed the MY Construction industry which returned -9.8% over the past year.

Return vs Market: JAKS underperformed the MY Market which returned -11.6% over the past year.

Price Volatility

Is JAKS's price volatile compared to industry and market?
JAKS volatility
JAKS Average Weekly Movement7.4%
Construction Industry Average Movement5.4%
Market Average Movement5.3%
10% most volatile stocks in MY Market11.1%
10% least volatile stocks in MY Market2.5%

Stable Share Price: JAKS is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: JAKS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960135Lam Anghttps://www.jaks.com.my

JAKS Resources Berhad, an investment holding company, operates as a general contractor in Malaysia. It operates through five segments: Manufacturing, Trading, Construction, Property Development/Property Investment, and Others. The company is engaged in 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.

JAKS Resources Berhad Fundamentals Summary

How do JAKS Resources Berhad's earnings and revenue compare to its market cap?
JAKS fundamental statistics
Market CapRM521.83m
Earnings (TTM)RM39.61m
Revenue (TTM)RM76.66m

13.2x

P/E Ratio

6.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JAKS income statement (TTM)
RevenueRM76.66m
Cost of RevenueRM64.97m
Gross ProfitRM11.69m
Other Expenses-RM27.92m
EarningsRM39.61m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.019
Gross Margin15.25%
Net Profit Margin51.66%
Debt/Equity Ratio32.0%

How did JAKS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

JAKS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue10.9x
Enterprise Value/EBITDA-22x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

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

JAKS PE Ratio vs Peers
The above table shows the PE ratio for JAKS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average31.7x
PGB Propel Global Berhad
86.6xn/aRM224.7m
KKB KKB Engineering Berhad
22.4x19.9%RM404.2m
WIDAD Widad Group Berhad
12.1xn/aRM990.9m
WCT WCT Holdings Berhad
5.5x17.2%RM581.1m
JAKS JAKS Resources Berhad
13.2x34.9%RM521.8m

Price-To-Earnings vs Peers: JAKS is good value based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (31.7x).


Price to Earnings Ratio vs Industry

How does JAKS's PE Ratio compare vs other companies in the MY Construction Industry?

Price-To-Earnings vs Industry: JAKS is good value based on its Price-To-Earnings Ratio (13.2x) compared to the MY Construction industry average (17.3x)


Price to Earnings Ratio vs Fair Ratio

What is JAKS'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.

JAKS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.2x
Fair PE Ratio22.6x

Price-To-Earnings vs Fair Ratio: JAKS is good value based on its Price-To-Earnings Ratio (13.2x) compared to the estimated Fair Price-To-Earnings Ratio (22.6x).


Share Price vs Fair Value

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

Below Fair Value: JAKS (MYR0.25) is trading above our estimate of fair value (MYR0.1)

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


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.


Discover undervalued companies

Future Growth

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

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JAKS's forecast earnings growth (34.9% per year) is above the savings rate (3.6%).

Earnings vs Market: JAKS's earnings (34.9% per year) are forecast to grow faster than the MY market (9.6% per year).

High Growth Earnings: JAKS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JAKS's revenue (30.7% per year) is forecast to grow faster than the MY market (4.8% per year).

High Growth Revenue: JAKS's revenue (30.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if JAKS's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

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

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-26.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JAKS has a large one-off loss of MYR29.9M impacting its June 30 2022 financial results.

Growing Profit Margin: JAKS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: JAKS has become profitable over the past 5 years, growing earnings by -26.7% per year.

Accelerating Growth: JAKS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: JAKS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (-15.3%).


Return on Equity

High ROE: JAKS's Return on Equity (1.3%) is considered low.


Discover strong past performing companies

Financial Health

How is JAKS Resources Berhad's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JAKS's short term assets (MYR646.3M) exceed its short term liabilities (MYR591.1M).

Long Term Liabilities: JAKS's short term assets (MYR646.3M) exceed its long term liabilities (MYR302.2M).


Debt to Equity History and Analysis

Debt Level: JAKS's net debt to equity ratio (27.6%) is considered satisfactory.

Reducing Debt: JAKS's debt to equity ratio has reduced from 75.9% to 32% over the past 5 years.

Debt Coverage: JAKS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if JAKS's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.60%

Forecast Dividend Yield

Dividend Yield vs Market

JAKS Resources Berhad Dividend Yield vs Market
How does JAKS Resources Berhad dividend yield compare to the market?
SegmentDividend Yield
Company (JAKS Resources Berhad)n/a
Market Bottom 25% (MY)2.2%
Market Top 25% (MY)5.3%
Industry Average (Construction)3.3%
Analyst forecast in 3 Years (JAKS Resources Berhad)2.6%

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as JAKS has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

18.8yrs

Average board tenure


CEO

Lam Ang (54 yo)

18.83yrs

Tenure

RM2,255,600

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

Lam Ang's Compensation vs JAKS Resources Berhad Earnings
How has Lam Ang's remuneration changed compared to JAKS Resources Berhad's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

RM40m

Mar 31 2022n/an/a

RM53m

Dec 31 2021RM2mRM2m

RM52m

Sep 30 2021n/an/a

-RM27m

Jun 30 2021n/an/a

-RM32m

Mar 31 2021n/an/a

-RM59m

Dec 31 2020RM15mRM2m

-RM85m

Sep 30 2020n/an/a

RM40m

Jun 30 2020n/an/a

RM38m

Mar 31 2020n/an/a

RM73m

Dec 31 2019RM15mRM2m

RM108m

Sep 30 2019n/an/a

RM78m

Jun 30 2019n/an/a

RM51m

Mar 31 2019n/an/a

RM26m

Dec 31 2018RM2mRM2m

RM15m

Sep 30 2018n/an/a

RM135m

Jun 30 2018n/an/a

RM148m

Mar 31 2018n/an/a

RM137m

Dec 31 2017RM1mRM980k

RM127m

Compensation vs Market: Lam's total compensation ($USD485.34K) is above average for companies of similar size in the MY market ($USD107.07K).

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 ( 18.8 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

What is the ownership structure of JAKS?
Owner TypeNumber of SharesOwnership Percentage
Public Companies8,000,0000.4%
Institutions148,387,2557.1%
Individual Insiders502,440,05624.1%
General Public1,428,490,29668.4%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.


Top Shareholders

Top 23 shareholders own 26.05% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
13.99%
Lam Ang
292,065,356MYR73.0m10.19%no data
1.45%
Tiam Lee Tee
30,330,600MYR7.6m0%no data
1.32%
Dimensional Fund Advisors LP
27,549,808MYR6.9m-0.87%no data
1.1%
Moi Fah Liew
23,000,000MYR5.8m0.88%no data
1%
Chin Hock Ooi
20,817,900MYR5.2m0%no data
0.91%
Eng Piow Tan
18,995,000MYR4.7m25.45%no data
0.74%
Van Eck Associates Corporation
15,519,700MYR3.9m-68.02%no data
0.63%
Seng Huat Koh
13,220,000MYR3.3m4.75%no data
0.62%
Mohamad Bin Abang Hipni
13,000,000MYR3.3m3.59%no data
0.6%
Chee Chor
12,540,000MYR3.1m0%no data
0.51%
Mat Bin Mohamed
10,600,000MYR2.7m0%no data
0.51%
Ken Seng Ang
10,551,000MYR2.6m0%no data
0.48%
AIIMAN Asset Management Sdn. Bhd.
10,015,880MYR2.5m0%0.54%
0.48%
Swee Sek Teo
10,000,000MYR2.5m-39.39%no data
0.4%
Kim Hock Khor
8,280,200MYR2.1m0%no data
0.38%
Eng Tan
8,010,000MYR2.0m0%no data
0.38%
Ooi Koong Tan
8,000,000MYR2.0m0%no data
0.34%
Razali Bin Naina Merican
7,030,000MYR1.8m74.44%no data
0.16%
State Street Global Advisors, Inc.
3,349,587MYR837.4k0.89%no data
0.014%
Phillip Capital Management (S) Ltd.
300,000MYR75.0k0%0.01%
0.014%
UOB-OSK Asset Management Sdn. Bhd.
300,000MYR75.0k0%0.01%
0.0096%
Pacific Mutual Fund Bhd
200,000MYR50.0k0%0.03%
0.0006%
American Century Investment Management Inc
12,480MYR3.1k0%no data

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
  • Implied Market Cap: RM521.829m
  • Shares outstanding: 2.09b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JAKSKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJul 2004

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/02 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.