KLSE:MUHIBAH

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Muhibbah Engineering (M) Bhd

Executive Summary

Muhibbah Engineering (M) Bhd. provides oil and gas, marine, infrastructure, civil, and structural engineering contract works in Malaysia and internationally. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has Muhibbah Engineering (M) Bhd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MUHIBAH is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MUHIBAH's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-1.7%

MUHIBAH

-1.2%

MY Construction

-1.5%

MY Market


1 Year Return

-53.4%

MUHIBAH

-21.1%

MY Construction

2.7%

MY Market

Return vs Industry: MUHIBAH underperformed the MY Construction industry which returned -21.1% over the past year.

Return vs Market: MUHIBAH underperformed the MY Market which returned 2.7% over the past year.


Shareholder returns

MUHIBAHIndustryMarket
7 Day-1.7%-1.2%-1.5%
30 Day-6.9%-6.0%-1.0%
90 Day15.0%6.1%7.2%
1 Year-52.0%-53.4%-17.9%-21.1%6.0%2.7%
3 Year-69.9%-72.2%-43.4%-48.2%-5.1%-13.7%
5 Year-56.2%-61.2%-29.6%-39.2%14.4%-4.6%

Long-Term Price Volatility Vs. Market

How volatile is Muhibbah Engineering (M) Bhd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Muhibbah Engineering (M) Bhd 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: MUHIBAH (MYR0.88) is trading below our estimate of fair value (MYR4.99)

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


Price To Earnings Ratio

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

PE vs Market: MUHIBAH 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 MUHIBAH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MUHIBAH is good value based on its PB Ratio (0.4x) compared to the MY Construction industry average (0.7x).


Next Steps

Future Growth

How is Muhibbah Engineering (M) Bhd forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

98.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MUHIBAH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.7%).

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

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

Revenue vs Market: MUHIBAH's revenue (5.4% per year) is forecast to grow slower than the MY market (7.1% per year).

High Growth Revenue: MUHIBAH's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MUHIBAH's Return on Equity is forecast to be low in 3 years time (5.5%).


Next Steps

Past Performance

How has Muhibbah Engineering (M) Bhd performed over the past 5 years?

-18.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MUHIBAH is currently unprofitable.

Growing Profit Margin: MUHIBAH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MUHIBAH is unprofitable, and losses have increased over the past 5 years at a rate of 18.9% per year.

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

Earnings vs Industry: MUHIBAH is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-45.2%).


Return on Equity

High ROE: MUHIBAH has a negative Return on Equity (-4.71%), as it is currently unprofitable.


Next Steps

Financial Health

How is Muhibbah Engineering (M) Bhd's financial position?


Financial Position Analysis

Short Term Liabilities: MUHIBAH's short term assets (MYR2.0B) exceed its short term liabilities (MYR2.0B).

Long Term Liabilities: MUHIBAH's short term assets (MYR2.0B) exceed its long term liabilities (MYR136.7M).


Debt to Equity History and Analysis

Debt Level: MUHIBAH's debt to equity ratio (67.3%) is considered high.

Reducing Debt: MUHIBAH's debt to equity ratio has reduced from 125.5% to 67.3% over the past 5 years.

Debt Coverage: MUHIBAH's debt is not well covered by operating cash flow (7.6%).

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


Balance Sheet


Next Steps

Dividend

What is Muhibbah Engineering (M) Bhd current dividend yield, its reliability and sustainability?

2.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MUHIBAH's dividend (2.84%) is higher than the bottom 25% of dividend payers in the MY market (1.39%).

High Dividend: MUHIBAH's dividend (2.84%) is low compared to the top 25% of dividend payers in the MY market (4.3%).


Stability and Growth of Payments

Stable Dividend: MUHIBAH's dividend payments have been volatile in the past 10 years.

Growing Dividend: MUHIBAH's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: MUHIBAH is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: MUHIBAH's dividends in 3 years are forecast to be well covered by earnings (27.6% payout ratio).


Next Steps

Management

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

4.0yrs

Average management tenure


CEO

Mac Yin Boon Mac (76 yo)

47.67yrs

Tenure

Mr. Ngan Boon Mac, also known as Mac Yin Boon, Co-Founded Muhibbah Engineering (M) Bhd. and has been its Managing Director since May 22, 1973. Mr. Mac started work as an Engineer for a construction company...


Leadership Team

NamePositionTenureCompensationOwnership
Ngan Mac
Co-Founder47.67yrsno data20.2%
MYR 85.5m
Poh Lee
Group Finance Director & Executive Director6.67yrsno data1.39%
MYR 5.9m
Sen Ooi
Executive Director 47.67yrsno data2.89%
MYR 12.2m
Chung Mac
Deputy CEO & Executive Director6.67yrsno data1.39%
MYR 5.9m
Rosfariza Mohd Amin
Corporate HR & Administration1.25yrsno datano data
Uma Kurup
Corporate Legal1.25yrsno datano data
Aminah Mohd Taib
Corporate Communication1.25yrsno datano data
Hwei Tia
Joint Company Secretaryno datano datano data
Mee Kam Choe
Joint Company Secretaryno datano datano data
Chung Mac
CEO & MD of Favelle Favco Berhad16.67yrsno data1.12%
MYR 4.7m
Siau Woo
Joint Company Secretary0.67yrno datano data

4.0yrs

Average Tenure

55yo

Average Age

Experienced Management: MUHIBAH's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ngan Mac
Co-Founder47.67yrsno data20.2%
MYR 85.5m
Poh Lee
Group Finance Director & Executive Director6.67yrsno data1.39%
MYR 5.9m
Sen Ooi
Executive Director 47.67yrsno data2.89%
MYR 12.2m
Chung Mac
Deputy CEO & Executive Director6.67yrsno data1.39%
MYR 5.9m
Abdul bin Ibrahim
Independent & Non Executive Director15yrsno datano data
Zakaria Bin Abdul Hamid
Chairman of the Board & Senior Independent Non-Executive Director6.67yrsno datano data
Mazlan bin Abdul Hamid
Non Independent & Non Executive Director6.67yrsno data0.10%
MYR 437.5k
Sobri bin Abu
Independent Non-Executive Director7.58yrsno datano data
Mohamad Bin Hassan
Independent Non-Executive Director6.67yrsno datano data
Khazali bin Haji Ahmad
Independent & Non Executive Director2.75yrsno datano data

6.7yrs

Average Tenure

66.5yo

Average Age

Experienced Board: MUHIBAH's board of directors are considered experienced (6.7 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Muhibbah Engineering (M) Bhd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Muhibbah Engineering (M) Bhd.
  • Ticker: MUHIBAH
  • Exchange: KLSE
  • Founded: 1972
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: RM423.015m
  • Shares outstanding: 483.45m
  • Website: https://www.muhibbah.com

Location

  • Muhibbah Engineering (M) Bhd.
  • Jalan Batu Tiga Lama
  • Lot 579 and 586
  • Klang
  • Selangor
  • 41300
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MUHIBAHKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRMar 1994

Biography

Muhibbah Engineering (M) Bhd. provides oil and gas, marine, infrastructure, civil, and structural engineering contract works in Malaysia and internationally. The company’s Infrastructure Construction segme...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 11:12
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.