KLSE:RESINTC

Stock Analysis Report

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Executive Summary

Resintech Berhad, an investment holding company, designs, manufactures, trades, and markets plastic pipes, water tanks, and fittings in Malaysia, Indonesia, Cambodia, Singapore, and internationally. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Resintech Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RESINTC is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: RESINTC's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

0%

RESINTC

-6.3%

MY Machinery

-0.6%

MY Market


1 Year Return

75.0%

RESINTC

83.8%

MY Machinery

10.5%

MY Market

Return vs Industry: RESINTC underperformed the MY Machinery industry which returned 83.8% over the past year.

Return vs Market: RESINTC exceeded the MY Market which returned 10.5% over the past year.


Shareholder returns

RESINTCIndustryMarket
7 Day0%-6.3%-0.6%
30 Day13.8%-1.5%1.8%
90 Day44.4%17.7%-0.6%
1 Year88.6%75.0%87.0%83.8%14.1%10.5%
3 Year68.2%44.4%67.3%55.5%-1.2%-10.2%
5 Year23.6%3.4%45.4%26.9%12.2%-6.3%

Long-Term Price Volatility Vs. Market

How volatile is Resintech Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Resintech 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: RESINTC (MYR0.46) is trading below our estimate of fair value (MYR1.64)

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


Price To Earnings Ratio

PE vs Industry: RESINTC is good value based on its PE Ratio (12.3x) compared to the MY Machinery industry average (21.4x).

PE vs Market: RESINTC is good value based on its PE Ratio (12.3x) compared to the MY market (19.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RESINTC is good value based on its PB Ratio (0.4x) compared to the MY Machinery industry average (1.1x).


Next Steps

Future Growth

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

26.9%

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 Resintech 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.


Next Steps

Past Performance

How has Resintech Berhad performed over the past 5 years?

-11.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RESINTC has high quality earnings.

Growing Profit Margin: RESINTC's current net profit margins (6.9%) are lower than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: RESINTC's earnings have declined by 11.4% per year over the past 5 years.

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

Earnings vs Industry: RESINTC had negative earnings growth (-9.7%) over the past year, making it difficult to compare to the Machinery industry average (-19.8%).


Return on Equity

High ROE: RESINTC's Return on Equity (3.1%) is considered low.


Next Steps

Financial Health

How is Resintech Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: RESINTC's short term assets (MYR81.3M) exceed its short term liabilities (MYR31.4M).

Long Term Liabilities: RESINTC's short term assets (MYR81.3M) exceed its long term liabilities (MYR24.2M).


Debt to Equity History and Analysis

Debt Level: RESINTC's debt to equity ratio (16.4%) is considered satisfactory.

Reducing Debt: RESINTC's debt to equity ratio has reduced from 21.7% to 16.4% over the past 5 years.

Debt Coverage: RESINTC's debt is well covered by operating cash flow (49.9%).

Interest Coverage: RESINTC's interest payments on its debt are well covered by EBIT (8.2x coverage).


Balance Sheet


Next Steps

Dividend

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

3.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RESINTC's dividend (3.3%) is higher than the bottom 25% of dividend payers in the MY market (1.47%).

High Dividend: RESINTC's dividend (3.3%) is low compared to the top 25% of dividend payers in the MY market (4.23%).


Stability and Growth of Payments

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

Growing Dividend: RESINTC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as RESINTC has not reported any payouts.


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?

14.7yrs

Average board tenure


CEO

Kim Teh (69 yo)

no data

Tenure

RM781,793

Compensation

Dr. Kim Poo Teh, DSSA, PJK, JP, DipM., MBA, MCIM Founded Resintech Bhd and serves as its Managing Director. He possesses in-depth knowledge and vast experience in the plastics industry and has fully built ...


CEO Compensation Analysis

Compensation vs Market: Kim's total compensation ($USD192.83K) is above average for companies of similar size in the MY market ($USD143.87K).

Compensation vs Earnings: Kim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Kim Teh
Founderno dataRM781.79k43.21%
MYR 25.5m
Gan Jew
Co-Founder & Executive Director25.92yrsRM342.79k7.19%
MYR 4.2m
Hwei Wei
Financial Controller & Executive Director14.67yrsRM404.12k1.16%
MYR 686.1k
Leng Teh
Executive Director14.67yrsRM614.12k5.43%
MYR 3.2m
Wee Kok
Independent Non-Executive Director13.08yrsRM60.00kno data
Abdul Bin Hj. Iskandar
Chairman & Senior Independent Non-Executive Director3.58yrsRM66.00kno data
Razif Bin Abdullah
Independent Non-Executive Director2.67yrsRM55.50kno data

14.7yrs

Average Tenure

64yo

Average Age

Experienced Board: RESINTC's board of directors are seasoned and experienced ( 14.7 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

Resintech Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Resintech Berhad
  • Ticker: RESINTC
  • Exchange: KLSE
  • Founded: 1978
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: RM58.998m
  • Shares outstanding: 137.20m
  • Website: https://www.resintechmalaysia.my

Location

  • Resintech Berhad
  • Lot 3 & 5
  • Jalan Waja 14
  • Telok Panglima Garang
  • Selangor
  • 42500
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RESINTCKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRDec 2006

Biography

Resintech Berhad, an investment holding company, designs, manufactures, trades, and markets plastic pipes, water tanks, and fittings in Malaysia, Indonesia, Cambodia, Singapore, and internationally. The co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 11:02
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.