NAIM

Naim Holdings BerhadKLSE:NAIM Stock Report

Market Cap

RM325.5m

7D

0%

1Y

-17.2%

Updated

17 Sep, 2021

Data

Company Financials
NAIM fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

NAIM Overview

Naim Holdings Berhad, an investment holding company, engages in the property development and construction businesses in Malaysia and Fiji.

Price History & Performance

Summary of all time highs, changes and price drops for Naim Holdings Berhad
Historical stock prices
Current Share PriceRM0.65
52 Week HighRM0.60
52 Week LowRM0.95
Beta1.17
1 Month Change3.18%
3 Month Change-16.13%
1 Year Change-17.20%
3 Year Change22.64%
5 Year Change-62.86%
Change since IPO-64.67%

Recent News & Updates

Jul 28
Returns Are Gaining Momentum At Naim Holdings Berhad (KLSE:NAIM)

Returns Are Gaining Momentum At Naim Holdings Berhad (KLSE:NAIM)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...

Jun 17
Naim Holdings Berhad's (KLSE:NAIM) CEO Compensation Is Looking A Bit Stretched At The Moment

Naim Holdings Berhad's (KLSE:NAIM) CEO Compensation Is Looking A Bit Stretched At The Moment

Under the guidance of CEO Hasmi Bin Hasnan, Naim Holdings Berhad ( KLSE:NAIM ) has performed reasonably well recently...

May 20
Naim Holdings Berhad (KLSE:NAIM) Could Easily Take On More Debt

Naim Holdings Berhad (KLSE:NAIM) Could Easily Take On More Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Shareholder Returns

NAIMMY ConstructionMY Market
7D0%-1.4%-1.0%
1Y-17.2%-2.5%5.9%

Return vs Industry: NAIM underperformed the MY Construction industry which returned -2.4% over the past year.

Return vs Market: NAIM underperformed the MY Market which returned 6.1% over the past year.

Price Volatility

Is NAIM's price volatile compared to industry and market?
NAIM volatility
NAIM Beta1.17
Industry Beta1.03
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1993n/aHasmi Bin Hasnanhttps://www.naim.com.my

Naim Holdings Berhad, an investment holding company, engages in the property development and construction businesses in Malaysia and Fiji. It operates through three segments: Property Development, Construction, and Others. The Property Development segment develops and constructs residential and commercial properties, as well as sells vacant land.

Valuation

Is Naim Holdings 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: NAIM (MYR0.65) is trading below our estimate of fair value (MYR15.48)

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


Price To Earnings Ratio

PE vs Industry: NAIM is good value based on its PE Ratio (5.7x) compared to the MY Construction industry average (18.3x).

PE vs Market: NAIM is good value based on its PE Ratio (5.7x) compared to the MY market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NAIM is good value based on its PB Ratio (0.2x) compared to the MY Construction industry average (0.9x).


Future Growth

How is Naim Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.1%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Naim Holdings Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Naim Holdings Berhad performed over the past 5 years?

35.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NAIM has high quality earnings.

Growing Profit Margin: NAIM's current net profit margins (9.5%) are lower than last year (11.7%).


Past Earnings Growth Analysis

Earnings Trend: NAIM's earnings have grown significantly by 35.6% per year over the past 5 years.

Accelerating Growth: NAIM's earnings growth over the past year (46%) exceeds its 5-year average (35.6% per year).

Earnings vs Industry: NAIM earnings growth over the past year (46%) exceeded the Construction industry -2%.


Return on Equity

High ROE: NAIM's Return on Equity (3.9%) is considered low.


Financial Health

How is Naim Holdings Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: NAIM's short term assets (MYR1.1B) exceed its short term liabilities (MYR526.8M).

Long Term Liabilities: NAIM's short term assets (MYR1.1B) exceed its long term liabilities (MYR110.4M).


Debt to Equity History and Analysis

Debt Level: NAIM's debt to equity ratio (22.9%) is considered satisfactory.

Reducing Debt: NAIM's debt to equity ratio has reduced from 32.6% to 22.9% over the past 5 years.

Debt Coverage: NAIM's debt is well covered by operating cash flow (110.1%).

Interest Coverage: NAIM's interest payments on its debt are well covered by EBIT (14.1x coverage).


Balance Sheet


Dividend

What is Naim Holdings Berhad current dividend yield, its reliability and sustainability?

12.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NAIM's dividend (12.15%) is higher than the bottom 25% of dividend payers in the MY market (1.51%).

High Dividend: NAIM's dividend (12.15%) is in the top 25% of dividend payers in the MY market (4.09%)


Stability and Growth of Payments

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

Growing Dividend: NAIM's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.1%), NAIM's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Hasmi Bin Hasnan (68 yo)

no data

Tenure

RM2,069,251

Compensation

YBhg. Datuk Hasmi Bin Hasnan has been Non Independent Non Executive Director at Perdana Petroleum Berhad since September 1, 2018. He has been the Managing Director of Naim Holdings Berhad (alternate name,...


CEO Compensation Analysis

Compensation vs Market: Hasmi's total compensation ($USD497.26K) is above average for companies of similar size in the MY market ($USD124.03K).

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


Leadership Team

Experienced Management: NAIM's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: NAIM's board of directors are considered experienced (7.3 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

Naim Holdings Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Naim Holdings Berhad
  • Ticker: NAIM
  • Exchange: KLSE
  • Founded: 1993
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: RM325.483m
  • Shares outstanding: 500.74m
  • Website: https://www.naim.com.my

Number of Employees


Location

  • Naim Holdings Berhad
  • Wisma Naim
  • 9th Floor
  • Kuching
  • Sarawak
  • 93200
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 15:36
End of Day Share Price2021/09/17 00:00
Earnings2021/03/31
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.