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PRTA

Protasco BerhadKLSE:PRTASCO Stock Report

Market Cap

RM115.6m

7D

2.1%

1Y

11.6%

Updated

24 Sep, 2021

Data

Company Financials
PRTASCO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

PRTASCO Overview

Protasco Berhad, an investment holding company, provides integrated engineering and infrastructure services in Malaysia.

Protasco Berhad Competitors

IJM Corporation Berhad

KLSE:IJM

RM6.7b

Sunway Construction Group Berhad

KLSE:SUNCON

RM2.1b

Kerjaya Prospek Group Berhad

KLSE:KERJAYA

RM1.5b

Ekovest Berhad

KLSE:EKOVEST

RM1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Protasco Berhad
Historical stock prices
Current Share PriceRM0.24
52 Week HighRM0.20
52 Week LowRM0.34
Beta1.73
1 Month Change2.13%
3 Month Change-2.04%
1 Year Change11.63%
3 Year Change-34.25%
5 Year Change-77.56%
Change since IPO-80.98%

Recent News & Updates

May 10
Here's What's Concerning About Protasco Berhad's (KLSE:PRTASCO) Returns On Capital

Here's What's Concerning About Protasco Berhad's (KLSE:PRTASCO) Returns On Capital

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...

Mar 02
Is Protasco Berhad (KLSE:PRTASCO) A Risky Investment?

Is Protasco Berhad (KLSE:PRTASCO) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Jan 26
Is There More Growth In Store For Protasco Berhad's (KLSE:PRTASCO) Returns On Capital?

Is There More Growth In Store For Protasco Berhad's (KLSE:PRTASCO) Returns On Capital?

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

PRTASCOMY ConstructionMY Market
7D2.1%-0.7%-0.7%
1Y11.6%1.0%6.2%

Return vs Industry: PRTASCO exceeded the MY Construction industry which returned 1% over the past year.

Return vs Market: PRTASCO exceeded the MY Market which returned 6.2% over the past year.

Price Volatility

Is PRTASCO's price volatile compared to industry and market?
PRTASCO volatility
PRTASCO Beta1.73
Industry Beta1.03
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
19911,510Kenny Chonghttps://www.protasco.com.my

Protasco Berhad, an investment holding company, provides integrated engineering and infrastructure services in Malaysia. It operates through Maintenance, Construction, Property Development, Engineering Services, Trading and Manufacturing, Education, and Clean Energy segments. The company offers routine maintenance, periodic maintenance, and emergency work services for federal and state roads; and designs, constructs, upgrades, and rehabilitates roads, bridges, and buildings.

Protasco Berhad Fundamentals Summary

How do Protasco Berhad's earnings and revenue compare to its market cap?
PRTASCO fundamental statistics
Market CapRM115.62m
Earnings (TTM)-RM22.15m
Revenue (TTM)RM1.08b

0.1x

P/S Ratio

-5.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRTASCO income statement (TTM)
RevenueRM1.08b
Cost of RevenueRM926.24m
Gross ProfitRM149.61m
ExpensesRM171.76m
Earnings-RM22.15m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.046
Gross Margin13.91%
Net Profit Margin-2.06%
Debt/Equity Ratio62.8%

How did PRTASCO perform over the long term?

See historical performance and comparison

Valuation

Is Protasco 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: PRTASCO (MYR0.24) is trading below our estimate of fair value (MYR38.14)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PRTASCO is good value based on its PB Ratio (0.4x) compared to the MY Construction industry average (0.9x).


Future Growth

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

17.4%

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 Protasco 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 Protasco Berhad performed over the past 5 years?

-61.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRTASCO is currently unprofitable.

Growing Profit Margin: PRTASCO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRTASCO is unprofitable, and losses have increased over the past 5 years at a rate of 61% per year.

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

Earnings vs Industry: PRTASCO is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-1.8%).


Return on Equity

High ROE: PRTASCO has a negative Return on Equity (-1.42%), as it is currently unprofitable.


Financial Health

How is Protasco Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: PRTASCO's short term assets (MYR480.4M) exceed its short term liabilities (MYR407.3M).

Long Term Liabilities: PRTASCO's short term assets (MYR480.4M) exceed its long term liabilities (MYR121.7M).


Debt to Equity History and Analysis

Debt Level: PRTASCO's debt to equity ratio (62.8%) is considered high.

Reducing Debt: PRTASCO's debt to equity ratio has reduced from 96.9% to 62.8% over the past 5 years.

Debt Coverage: PRTASCO's debt is well covered by operating cash flow (118.6%).

Interest Coverage: PRTASCO's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: PRTASCO is not paying a notable dividend for the MY market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRTASCO's dividend in 3 years as they are not forecast to pay a notable one for the MY market.


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Kenny Chong (37 yo)

1.67yrs

Tenure

RM466,200

Compensation

Dato' Ir. Ther Nen Chong has been Group Managing Director of Protasco Berhad since January 1, 2020 and served as its Managing Director of Property & Infrastructure Division from January 2010 to January 1,...


CEO Compensation Analysis

Compensation vs Market: Kenny's total compensation ($USD111.39K) is about average for companies of similar size in the MY market ($USD124.66K).

Compensation vs Earnings: Insufficient data to compare Kenny's compensation with company performance.


Leadership Team

Experienced Management: PRTASCO's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: PRTASCO's board of directors are considered experienced (3.7 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

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


Key Information

  • Name: Protasco Berhad
  • Ticker: PRTASCO
  • Exchange: KLSE
  • Founded: 1991
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: RM115.618m
  • Shares outstanding: 481.74m
  • Website: https://www.protasco.com.my

Number of Employees


Location

  • Protasco Berhad
  • Corporate Block
  • Unipark Suria
  • Kajang
  • Selangor
  • 43000
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:34
End of Day Share Price2021/09/24 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.