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NEST

Nestcon Berhad KLSE:NESTCON Stock Report

Last Price

RM0.40

Market Cap

RM257.5m

7D

3.9%

1Y

-1.2%

Updated

26 Sep, 2022

Data

Company Financials
NESTCON fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

NESTCON Stock Overview

Nestcon Berhad, an investment holding company, provides construction services in Malaysia.

Nestcon Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nestcon Berhad
Historical stock prices
Current Share PriceRM0.40
52 Week HighRM0.60
52 Week LowRM0.36
Beta0
1 Month Change0%
3 Month Change-1.23%
1 Year Change-1.23%
3 Year Changen/a
5 Year Changen/a
Change since IPO25.00%

Recent News & Updates

Mar 07
Why Nestcon Berhad's (KLSE:NESTCON) Shaky Earnings Are Just The Beginning Of Its Problems

Why Nestcon Berhad's (KLSE:NESTCON) Shaky Earnings Are Just The Beginning Of Its Problems

The subdued market reaction suggests that Nestcon Berhad's ( KLSE:NESTCON ) recent earnings didn't contain any...

Shareholder Returns

NESTCONMY ConstructionMY Market
7D3.9%-1.1%-2.6%
1Y-1.2%-10.5%-10.2%

Return vs Industry: NESTCON exceeded the MY Construction industry which returned -10.5% over the past year.

Return vs Market: NESTCON exceeded the MY Market which returned -10.2% over the past year.

Price Volatility

Is NESTCON's price volatile compared to industry and market?
NESTCON volatility
NESTCON Average Weekly Movement4.6%
Construction Industry Average Movement5.9%
Market Average Movement5.2%
10% most volatile stocks in MY Market11.3%
10% least volatile stocks in MY Market2.4%

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

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

About the Company

FoundedEmployeesCEOWebsite
2001421Jee Limhttps://www.nestcon.my

Nestcon Berhad, an investment holding company, provides construction services in Malaysia. It constructs various types of buildings, such as residential, commercial, industrial, and leisure properties; and civil engineering and infrastructure works, including earthworks, roadworks, and drainage works. The company was founded in 2001 and is headquartered in Puchong, Malaysia.

Nestcon Berhad Fundamentals Summary

How do Nestcon Berhad's earnings and revenue compare to its market cap?
NESTCON fundamental statistics
Market CapRM257.53m
Earnings (TTM)RM12.05m
Revenue (TTM)RM377.24m

21.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NESTCON income statement (TTM)
RevenueRM377.24m
Cost of RevenueRM348.63m
Gross ProfitRM28.61m
Other ExpensesRM16.56m
EarningsRM12.05m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.019
Gross Margin7.58%
Net Profit Margin3.19%
Debt/Equity Ratio65.5%

How did NESTCON perform over the long term?

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

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 NESTCON?

Other financial metrics that can be useful for relative valuation.

NESTCON 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/Revenue0.7x
Enterprise Value/EBITDA11.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

NESTCON PE Ratio vs Peers
The above table shows the PE ratio for NESTCON vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.8x
GKENT George Kent (Malaysia) Berhad
8.9xn/aRM258.4m
GADANG Gadang Holdings Berhad
5.4x-3.3%RM225.7m
MGB MGB Berhad
13.8x46.7%RM281.0m
CITAGLB Citaglobal Berhad
23.1xn/aRM233.9m
NESTCON Nestcon Berhad
21.4xn/aRM257.5m

Price-To-Earnings vs Peers: NESTCON is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the peer average (12.8x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: NESTCON is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the MY Construction industry average (17.4x)


Price to Earnings Ratio vs Fair Ratio

What is NESTCON'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.

NESTCON PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NESTCON's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate NESTCON's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NESTCON's fair value for valuation analysis.


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.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.2%

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 Nestcon 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.


Discover growth companies

  • Examine Nestcon Berhad's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Nestcon Berhad performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NESTCON has a high level of non-cash earnings.

Growing Profit Margin: NESTCON's current net profit margins (3.2%) are lower than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: NESTCON's earnings have grown by 11% per year over the past 5 years.

Accelerating Growth: NESTCON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NESTCON had negative earnings growth (-9.2%) over the past year, making it difficult to compare to the Construction industry average (-15.3%).


Return on Equity

High ROE: NESTCON's Return on Equity (9.1%) is considered low.


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Financial Health

How is Nestcon 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: NESTCON's short term assets (MYR337.1M) exceed its short term liabilities (MYR282.0M).

Long Term Liabilities: NESTCON's short term assets (MYR337.1M) exceed its long term liabilities (MYR44.6M).


Debt to Equity History and Analysis

Debt Level: NESTCON has more cash than its total debt.

Reducing Debt: Insufficient data to determine if NESTCON's debt to equity ratio has reduced over the past 5 years.

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

Interest Coverage: NESTCON's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


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Dividend

What is Nestcon 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

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: NESTCON is not paying a notable dividend for the MY market.


Cash Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

2.1yrs

Average board tenure


CEO

Jee Lim (48 yo)

no data

Tenure

Dr. Jee Gin Lim is Group Managing Director and Director of Nestcon Berhad. He obtained his Bachelor of Engineering (Civil) (Hons) and Master of Science (Project Management) from Universiti Putra Malaysia i...


Board Members

Experienced Board: NESTCON's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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 NESTCON?
Owner TypeNumber of SharesOwnership Percentage
Institutions8,870,9001.4%
Private Companies11,456,8001.8%
General Public91,789,10014.3%
Individual Insiders531,705,20082.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 85.4% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
59.95%
Jee Lim
385,993,758MYR154.4m0%no data
10.05%
Yong Chuan Ong
64,680,842MYR25.9m0%no data
3.26%
Choo Meng Ong
21,000,000MYR8.4m0%no data
1.4%
Sentosa Jaya Capital Sdn. Bhd.
9,000,000MYR3.6m0%no data
1.23%
Poh Seng Koh
7,900,000MYR3.2m0%no data
1.16%
Aik Kiat Lim
7,500,000MYR3.0m0%no data
1.16%
Aik Fu Lim
7,500,000MYR3.0m0%no data
0.85%
Mei Ling Khoo
5,465,400MYR2.2m0%no data
0.84%
Chee Siang Khoo
5,395,900MYR2.2m0%no data
0.78%
UBS Asset Management
5,046,800MYR2.0m0%no data
0.58%
Yoon Sun Yap
3,750,000MYR1.5m0%no data
0.48%
Jee Kong Kwong
3,060,000MYR1.2m0%no data
0.42%
Kian Hin Lim
2,695,600MYR1.1m0%no data
0.38%
Eco Asia Capital Advisory Sdn Bhd
2,456,800MYR982.7k0%no data
0.31%
Joo Seng Lim
2,000,000MYR800.0k0%no data
0.31%
Yee San Tan
2,000,000MYR800.0k0%no data
0.31%
JPMorgan Chase & Co, Brokerage and Securities Investments
1,990,900MYR796.4k0%no data
0.28%
Barclays Bank PLC, Securities Investments
1,833,200MYR733.3k0%no data
0.28%
Yee Soon Tan
1,800,000MYR720.0k0%no data
0.26%
Cheng Boon Soon
1,700,000MYR680.0k0%no data
0.26%
Kok Weng Ng
1,700,000MYR680.0k0%no data
0.24%
Kak Seng Tan
1,575,500MYR630.2k0%no data
0.22%
Aik Hoe Lim
1,420,200MYR568.1k0%no data
0.19%
Lisa Liong
1,220,000MYR488.0k0%no data
0.18%
Chun Sing Lam
1,152,000MYR460.8k0%no data

Company Information

Nestcon Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Nestcon Berhad
  • Ticker: NESTCON
  • Exchange: KLSE
  • Founded: 2001
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: RM257.529m
  • Shares outstanding: 643.82m
  • Website: https://www.nestcon.my

Number of Employees


Location

  • Nestcon Berhad
  • No. 2-10, Jalan Kenari 13B
  • Bandar Puchong Jaya
  • Puchong
  • Selangor
  • 47180
  • Malaysia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NESTCONKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJun 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/26 00:00
End of Day Share Price2022/09/26 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.