NORTHERN logo

Northern Solar Holdings BerhadKLSE:NORTHERN Stock Report

Market Cap RM 278.9m
Share Price
RM 0.70
My Fair Value
RM 1.00
29.5% undervalued intrinsic discount
1Yn/a
7D2.9%
Portfolio Value
View

Northern Solar Holdings Berhad

KLSE:NORTHERN Stock Report

Market Cap: RM 278.9m

Northern Solar Holdings Berhad (NORTHERN) Stock Overview

Engages in the engineering, procurement, construction, and commissioning of solar photovoltaic (PV) systems for commercial, industrial, and residential buildings in Malaysia. More details

NORTHERN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends0/6

NORTHERN Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Northern Solar Holdings Berhad Competitors

Price History & Performance

Summary of share price highs, lows and changes for Northern Solar Holdings Berhad
Historical stock prices
Current Share PriceRM 0.70
52 Week HighRM 0.95
52 Week LowRM 0.46
Beta0
1 Month Change-0.70%
3 Month Change16.53%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-10.76%

Recent News & Updates

Northern Solar Holdings Berhad (KLSE:NORTHERN) Seems To Use Debt Rather Sparingly

Aug 12
Northern Solar Holdings Berhad (KLSE:NORTHERN) Seems To Use Debt Rather Sparingly

Recent updates

Northern Solar Holdings Berhad (KLSE:NORTHERN) Seems To Use Debt Rather Sparingly

Aug 12
Northern Solar Holdings Berhad (KLSE:NORTHERN) Seems To Use Debt Rather Sparingly

Shareholder Returns

NORTHERNMY ElectricalMY Market
7D2.9%0.04%0.8%
1Yn/a6.7%-5.7%

Return vs Industry: Insufficient data to determine how NORTHERN performed against the MY Electrical industry.

Return vs Market: Insufficient data to determine how NORTHERN performed against the MY Market.

Price Volatility

Is NORTHERN's price volatile compared to industry and market?
NORTHERN volatility
NORTHERN Average Weekly Movement4.9%
Electrical Industry Average Movement4.3%
Market Average Movement4.8%
10% most volatile stocks in MY Market10.3%
10% least volatile stocks in MY Market2.4%

Stable Share Price: NORTHERN has not had significant price volatility in the past 3 months compared to the MY market.

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

About the Company

FoundedEmployeesCEOWebsite
2019110Sk Lewwww.northernsolar.com.my

Northern Solar Holdings Berhad engages in the engineering, procurement, construction, and commissioning of solar photovoltaic (PV) systems for commercial, industrial, and residential buildings in Malaysia. It owns, operates, and maintains solar PV systems that generates and sells the electricity to net energy metering and self-consumption customers; and provides operation and maintenance services for solar PV equipment and systems. The company was formerly known as Northern Solar Holdings Sdn Bhd.

Northern Solar Holdings Berhad Fundamentals Summary

How do Northern Solar Holdings Berhad's earnings and revenue compare to its market cap?
NORTHERN fundamental statistics
Market capRM 278.90m
Earnings (TTM)RM 11.41m
Revenue (TTM)RM 84.87m
24.4x
P/E Ratio
3.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORTHERN income statement (TTM)
RevenueRM 84.87m
Cost of RevenueRM 52.79m
Gross ProfitRM 32.07m
Other ExpensesRM 20.66m
EarningsRM 11.41m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.029
Gross Margin37.80%
Net Profit Margin13.45%
Debt/Equity Ratio15.1%

How did NORTHERN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/20 19:33
End of Day Share Price 2025/08/20 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Northern Solar Holdings Berhad is covered by 0 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.