SCIB

Sarawak Consolidated Industries BerhadKLSE:SCIB Stock Report

Market Cap

RM257.8m

7D

-10.9%

1Y

-48.4%

Updated

20 Sep, 2021

Data

Company Financials
SCIB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends3/6

SCIB Overview

Sarawak Consolidated Industries Berhad, an investment holding company, manufactures and sells concrete products for use in the construction and infrastructure sectors primarily in Malaysia.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SCIB is more volatile than 90% of MY stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: SCIB's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

-10.9%

SCIB

-2.5%

MY Building

-1.0%

MY Market


1 Year Return

-48.4%

SCIB

10.8%

MY Building

5.9%

MY Market

Return vs Industry: SCIB underperformed the MY Building industry which returned 10.8% over the past year.

Return vs Market: SCIB underperformed the MY Market which returned 5.9% over the past year.


Shareholder returns

SCIBIndustryMarket
7 Day-10.9%-2.5%-1.0%
30 Day-20.3%1.1%2.6%
90 Day-37.6%-6.3%0.03%
1 Year-47.6%-48.4%12.6%10.8%10.0%5.9%
3 Year228.5%221.3%21.7%18.8%1.1%-8.5%
5 Year194.6%188.2%-22.2%-26.1%11.7%-7.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Sarawak Consolidated Industries Berhad Fundamentals Summary

How do Sarawak Consolidated Industries Berhad's earnings and revenue compare to its market cap?
SCIB fundamental statistics
Market CapRM257.76m
Earnings (TTM)RM52.17m
Revenue (TTM)RM516.02m

4.9x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SCIB income statement (TTM)
RevenueRM516.02m
Cost of RevenueRM454.43m
Gross ProfitRM61.59m
ExpensesRM9.42m
EarningsRM52.17m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.095
Gross Margin11.94%
Net Profit Margin10.11%
Debt/Equity Ratio25.7%

How did SCIB perform over the long term?

See historical performance and comparison

Dividends

14.7%

Current Dividend Yield

76%

Payout Ratio

Valuation

Is Sarawak Consolidated Industries Berhad undervalued compared to its fair value and its price relative to the market?

18.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SCIB (MYR0.49) is trading below our estimate of fair value (MYR0.6)

Significantly Below Fair Value: SCIB is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SCIB is good value based on its PE Ratio (4.9x) compared to the MY Building industry average (11x).

PE vs Market: SCIB is good value based on its PE Ratio (4.9x) compared to the MY market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SCIB is overvalued based on its PB Ratio (1.7x) compared to the MY Building industry average (0.8x).


Future Growth

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

13.2%

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 Sarawak Consolidated Industries 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 Sarawak Consolidated Industries Berhad performed over the past 5 years?

62.6%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: SCIB's current net profit margins (10.1%) are higher than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: SCIB's earnings have grown significantly by 62.6% per year over the past 5 years.

Accelerating Growth: SCIB's earnings growth over the past year (1541%) exceeds its 5-year average (62.6% per year).

Earnings vs Industry: SCIB earnings growth over the past year (1541%) exceeded the Building industry 192.9%.


Return on Equity

High ROE: SCIB's Return on Equity (34.4%) is considered high.


Financial Health

How is Sarawak Consolidated Industries Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: SCIB's short term assets (MYR479.0M) exceed its short term liabilities (MYR351.7M).

Long Term Liabilities: SCIB's short term assets (MYR479.0M) exceed its long term liabilities (MYR18.4M).


Debt to Equity History and Analysis

Debt Level: SCIB's debt to equity ratio (25.7%) is considered satisfactory.

Reducing Debt: SCIB's debt to equity ratio has reduced from 36.2% to 25.7% over the past 5 years.

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

Interest Coverage: SCIB's interest payments on its debt are well covered by EBIT (32x coverage).


Balance Sheet


Dividend

What is Sarawak Consolidated Industries Berhad current dividend yield, its reliability and sustainability?

14.69%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SCIB's dividend (14.69%) is higher than the bottom 25% of dividend payers in the MY market (1.54%).

High Dividend: SCIB's dividend (14.69%) is in the top 25% of dividend payers in the MY market (4.16%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether SCIB's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if SCIB's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (76.2%), SCIB'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?

1.8yrs

Average management tenure


CEO

Rosland Bin Othman (47 yo)

2yrs

Tenure

RM506,752

Compensation

Mr. Rosland Bin Othman has been Chief Executive Officer of Sarawak Consolidated Industries Berhad since September 10, 2019 and has been its Managing Director and Director since October 01, 2019. Mr. Roslan...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Rosland's total compensation is reasonable compared to companies of similar size in the MY market.

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


Leadership Team

Experienced Management: SCIB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: SCIB's board of directors are not considered experienced ( 2.4 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

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.


Top Shareholders

Company Information

Sarawak Consolidated Industries Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sarawak Consolidated Industries Berhad
  • Ticker: SCIB
  • Exchange: KLSE
  • Founded: 1975
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: RM257.758m
  • Shares outstanding: 526.04m
  • Website: https://www.scib.com.my

Number of Employees


Location

  • Sarawak Consolidated Industries Berhad
  • Pending Industrial Estate
  • Lot 1258
  • Kuching
  • Sarawak
  • 93450
  • Malaysia

Listings


Biography

Sarawak Consolidated Industries Berhad, an investment holding company, manufactures and sells concrete products for use in the construction and infrastructure sectors primarily in Malaysia. The company ope...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 15:27
End of Day Share Price2021/09/20 00:00
Earnings2020/12/31
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.