Malaysian Resources Corporation Berhad, an investment holding company, operates as a property and construction company in Malaysia, Australia, and Hong Kong.
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.38|
|52 Week High||RM0.34|
|52 Week Low||RM0.53|
|1 Month Change||-2.60%|
|3 Month Change||-12.79%|
|1 Year Change||-22.68%|
|3 Year Change||-47.92%|
|5 Year Change||-71.59%|
|Change since IPO||-44.62%|
Recent News & Updates
Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Weighed On By Its Debt Load?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|MRCB||MY Construction||MY Market|
Return vs Industry: MRCB underperformed the MY Construction industry which returned -2.5% over the past year.
Return vs Market: MRCB underperformed the MY Market which returned 5.9% over the past year.
Stable Share Price: MRCB is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MRCB's weekly volatility (5%) has been stable over the past year.
About the Company
|1968||1,770||Mohamad Bin Mohamad Salim||https://www.mrcb.com.my|
Malaysian Resources Corporation Berhad, an investment holding company, operates as a property and construction company in Malaysia, Australia, and Hong Kong. It operates through Property Development & Investment; Engineering, Construction & Environment; Facilities Management & Parking; and Other segments. The company invests in and develops a portfolio of integrated commercial and residential properties anchored around transportation hubs; and owns an urban development land bank of 323 acres.
Is Malaysian Resources 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: MRCB (MYR0.38) is trading above our estimate of fair value (MYR0.09)
Significantly Below Fair Value: MRCB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MRCB is poor value based on its PE Ratio (1171.9x) compared to the MY Construction industry average (18.3x).
PE vs Market: MRCB is poor value based on its PE Ratio (1171.9x) compared to the MY market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: MRCB is poor value based on its PEG Ratio (15.5x)
Price to Book Ratio
PB vs Industry: MRCB is good value based on its PB Ratio (0.4x) compared to the MY Construction industry average (0.9x).
How is Malaysian Resources Corporation Berhad forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MRCB's forecast earnings growth (75.6% per year) is above the savings rate (3.6%).
Earnings vs Market: MRCB's earnings (75.6% per year) are forecast to grow faster than the MY market (10.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MRCB's revenue (14.7% per year) is forecast to grow faster than the MY market (6.4% per year).
High Growth Revenue: MRCB's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MRCB's Return on Equity is forecast to be low in 3 years time (1%).
How has Malaysian Resources Corporation Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRCB has a large one-off gain of MYR6.9M impacting its June 30 2021 financial results.
Growing Profit Margin: MRCB became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MRCB's earnings have declined by 56.8% per year over the past 5 years.
Accelerating Growth: MRCB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MRCB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (-2%).
Return on Equity
High ROE: MRCB's Return on Equity (-0.2%) is considered low.
How is Malaysian Resources Corporation Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: MRCB's short term assets (MYR2.7B) exceed its short term liabilities (MYR1.6B).
Long Term Liabilities: MRCB's short term assets (MYR2.7B) exceed its long term liabilities (MYR2.0B).
Debt to Equity History and Analysis
Debt Level: MRCB's debt to equity ratio (43.2%) is considered high.
Reducing Debt: MRCB's debt to equity ratio has reduced from 126.5% to 43.2% over the past 5 years.
Debt Coverage: MRCB's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: Insufficient data to determine if MRCB's interest payments on its debt are well covered by EBIT.
What is Malaysian Resources Corporation Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MRCB's dividend (2.67%) is higher than the bottom 25% of dividend payers in the MY market (1.54%).
High Dividend: MRCB's dividend (2.67%) is low compared to the top 25% of dividend payers in the MY market (4.16%).
Stability and Growth of Payments
Stable Dividend: MRCB's dividend payments have been volatile in the past 10 years.
Growing Dividend: MRCB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (3048.8%), MRCB's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MRCB's dividends in 3 years are forecast to be covered by earnings (75.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mohamad Bin Mohamad Salim (39 yo)
Mr. Mohamad Imran Bin Mohamad Salim serves as Group Managing Director at Malaysian Resources Corporation Berhad and also served as Managing Director since July 2, 2018 and as its Executive Director since M...
CEO Compensation Analysis
Compensation vs Market: Mohamad's total compensation ($USD372.94K) is about average for companies of similar size in the MY market ($USD302.22K).
Compensation vs Earnings: Mohamad's compensation has been consistent with company performance over the past year.
Experienced Management: MRCB's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: MRCB's board of directors are considered experienced (3.1 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.
Malaysian Resources Corporation Berhad's employee growth, exchange listings and data sources
- Name: Malaysian Resources Corporation Berhad
- Ticker: MRCB
- Exchange: KLSE
- Founded: 1968
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: RM1.675b
- Shares outstanding: 4.47b
- Website: https://www.mrcb.com.my
Number of Employees
- Malaysian Resources Corporation Berhad
- Menara Allianz Sentral
- Level 30
- Kuala Lumpur
- Wilayah Persekutuan
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 15:25|
|End of Day Share Price||2021/09/20 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.