KLSE:SLVEST

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Solarvest Holdings Berhad

Market Cap

RM881.2m

Last Updated

2021/07/31 11:13 UTC

Data Sources

Company Financials +

Executive Summary

Solarvest Holdings Berhad, an investment holding company, operates as an engineering, procurement, construction, and commissioning service provider in Malaysia. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SLVEST is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SLVEST's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

13.9%

SLVEST

0.9%

MY Electrical

-1.9%

MY Market


1 Year Return

61.6%

SLVEST

1.2%

MY Electrical

-1.5%

MY Market

Return vs Industry: SLVEST exceeded the MY Electrical industry which returned 1.2% over the past year.

Return vs Market: SLVEST exceeded the MY Market which returned -1.5% over the past year.


Shareholder returns

SLVESTIndustryMarket
7 Day13.9%0.9%-1.9%
30 Day17.8%2.2%-1.3%
90 Day-9.7%-25.4%-6.6%
1 Year62.5%61.6%9.9%1.2%2.1%-1.5%
3 Yearn/a40.6%-11.0%-3.7%-12.8%
5 Yearn/a1.5%-30.9%8.6%-9.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Solarvest Holdings Berhad undervalued compared to its fair value and its price relative to the market?

35.04x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SLVEST (MYR1.39) is trading above our estimate of fair value (MYR0.17)

Significantly Below Fair Value: SLVEST is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SLVEST is poor value based on its PE Ratio (35x) compared to the MY Electrical industry average (25.4x).

PE vs Market: SLVEST is poor value based on its PE Ratio (35x) compared to the MY market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: SLVEST is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: SLVEST is overvalued based on its PB Ratio (6.7x) compared to the MY Electrical industry average (1.1x).


Future Growth

How is Solarvest Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

25.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLVEST's forecast earnings growth (25.5% per year) is above the savings rate (3.6%).

Earnings vs Market: SLVEST's earnings (25.5% per year) are forecast to grow faster than the MY market (10.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SLVEST's revenue (27.6% per year) is forecast to grow faster than the MY market (6.1% per year).

High Growth Revenue: SLVEST's revenue (27.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SLVEST's Return on Equity is forecast to be low in 3 years time (16.3%).


Past Performance

How has Solarvest Holdings Berhad performed over the past 5 years?

19.5%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: SLVEST's current net profit margins (7.2%) are higher than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: SLVEST's earnings have grown by 19.5% per year over the past 5 years.

Accelerating Growth: SLVEST's earnings growth over the past year (3%) is below its 5-year average (19.5% per year).

Earnings vs Industry: SLVEST earnings growth over the past year (3%) underperformed the Electrical industry 23.1%.


Return on Equity

High ROE: SLVEST's Return on Equity (12.4%) is considered low.


Financial Health

How is Solarvest Holdings Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: SLVEST's short term assets (MYR201.5M) exceed its short term liabilities (MYR77.6M).

Long Term Liabilities: SLVEST's short term assets (MYR201.5M) exceed its long term liabilities (MYR16.0M).


Debt to Equity History and Analysis

Debt Level: SLVEST's debt to equity ratio (8.2%) is considered satisfactory.

Reducing Debt: SLVEST's debt to equity ratio has reduced from 190.7% to 8.2% over the past 5 years.

Debt Coverage: SLVEST's debt is well covered by operating cash flow (50.1%).

Interest Coverage: SLVEST's interest payments on its debt are well covered by EBIT (13.4x coverage).


Balance Sheet


Dividend

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

0.96%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SLVEST's dividend (0.96%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.51%).

High Dividend: SLVEST's dividend (0.96%) is low compared to the top 25% of dividend payers in the MY market (4.17%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.9%), SLVEST's dividend payments are well 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?

2.8yrs

Average board tenure


CEO

Davis Chong (41 yo)

no data

Tenure

Mr. Chun Shiong Chong, also known as Davis, is Group Chief Executive Officer of Solarvest Holdings Berhad. He began his career with Intel Technology Sdn Bhd as a Failure Analysis Engineer in 2003 where he ...


Board Members

Experienced Board: SLVEST's board of directors are not considered experienced ( 2.8 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 8.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: Solarvest Holdings Berhad
  • Ticker: SLVEST
  • Exchange: KLSE
  • Founded: 2012
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: RM881.196m
  • Shares outstanding: 633.95m
  • Website: https://www.solarvest.my

Number of Employees


Location

  • Solarvest Holdings Berhad
  • L1-01, Pacific Centre
  • No. 5, Jalan 13/6
  • Petaling Jaya
  • Selangor
  • 46200
  • Malaysia

Listings


Biography

Solarvest Holdings Berhad, an investment holding company, operates as an engineering, procurement, construction, and commissioning service provider in Malaysia. It specializes in solar photovoltaics (PV) s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 11:13
End of Day Share Price2021/07/30 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.