KLSE:SUCCESS

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Success Transformer Corporation Berhad

Executive Summary

Success Transformer Corporation Berhad, an investment holding company, engages in the design, manufacture, marketing, and distribution of electrical apparatus and industrial lighting products in Malaysia and internationally. More Details


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-5.2%

SUCCESS

0.8%

MY Electrical

0.7%

MY Market


1 Year Return

2.8%

SUCCESS

111.7%

MY Electrical

10.2%

MY Market

Return vs Industry: SUCCESS underperformed the MY Electrical industry which returned 111.7% over the past year.

Return vs Market: SUCCESS underperformed the MY Market which returned 10.2% over the past year.


Shareholder returns

SUCCESSIndustryMarket
7 Day-5.2%0.8%0.7%
30 Day-8.2%0.2%2.4%
90 Day5.8%7.6%-0.9%
1 Year4.5%2.8%120.3%111.7%13.7%10.2%
3 Year-15.1%-24.0%55.5%16.5%-1.8%-10.7%
5 Year-27.9%-38.9%46.3%14.0%11.8%-6.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Success Transformer Corporation Berhad undervalued compared to its fair value and its price relative to the market?

17.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SUCCESS (MYR0.73) is trading above our estimate of fair value (MYR0.44)

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


Price To Earnings Ratio

PE vs Industry: SUCCESS is good value based on its PE Ratio (17.8x) compared to the MY Electrical industry average (22.9x).

PE vs Market: SUCCESS is good value based on its PE Ratio (17.8x) compared to the MY market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: SUCCESS is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: SUCCESS is good value based on its PB Ratio (0.5x) compared to the MY Electrical industry average (1.3x).


Next Steps

Future Growth

How is Success Transformer Corporation Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

24.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SUCCESS's forecast earnings growth (24.3% per year) is above the savings rate (3.7%).

Earnings vs Market: SUCCESS's earnings (24.3% per year) are forecast to grow faster than the MY market (16.9% per year).

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

Revenue vs Market: SUCCESS's revenue (10.7% per year) is forecast to grow faster than the MY market (7.3% per year).

High Growth Revenue: SUCCESS's revenue (10.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SUCCESS's Return on Equity is forecast to be low in 3 years time (6.1%).


Next Steps

Past Performance

How has Success Transformer Corporation Berhad performed over the past 5 years?

-22.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SUCCESS has high quality earnings.

Growing Profit Margin: SUCCESS's current net profit margins (4.2%) are lower than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: SUCCESS's earnings have declined by 22.2% per year over the past 5 years.

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

Earnings vs Industry: SUCCESS had negative earnings growth (-51.2%) over the past year, making it difficult to compare to the Electrical industry average (-6.1%).


Return on Equity

High ROE: SUCCESS's Return on Equity (3.4%) is considered low.


Next Steps

Financial Health

How is Success Transformer Corporation Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: SUCCESS's short term assets (MYR274.1M) exceed its short term liabilities (MYR32.0M).

Long Term Liabilities: SUCCESS's short term assets (MYR274.1M) exceed its long term liabilities (MYR3.0M).


Debt to Equity History and Analysis

Debt Level: SUCCESS's debt to equity ratio (0.4%) is considered satisfactory.

Reducing Debt: SUCCESS's debt to equity ratio has reduced from 32% to 0.4% over the past 5 years.

Debt Coverage: SUCCESS's debt is well covered by operating cash flow (3259.4%).

Interest Coverage: SUCCESS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Success Transformer Corporation Berhad current dividend yield, its reliability and sustainability?

1.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SUCCESS's dividend (1.37%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.48%).

High Dividend: SUCCESS's dividend (1.37%) is low compared to the top 25% of dividend payers in the MY market (4.22%).


Stability and Growth of Payments

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

Growing Dividend: SUCCESS's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.4%), SUCCESS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SUCCESS's dividends in 3 years are forecast to be well covered by earnings (36.6% payout ratio).


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Ah Tan (69 yo)

no data

Tenure

Mr. Ah Bah Tan @Tan Ah Ping serves as the Managing Director of Success Transformer Corporation Berhad. Mr. Tan serves as Managing Director at Success Transformer Manufacturer Sdn Bhd, Success Electronics &...


Leadership Team

NamePositionTenureCompensationOwnership
Ah Tan
MD & Directorno datano data0.092%
MYR 151.7k
Chiow Lo
Group Finance Controller & Chief Risk Officer5.17yrsno datano data
Wei Tan
COO & Executive Director5.33yrsno data0.070%
MYR 115.5k
Poay Chang
Technical Directorno datano datano data
Yit Sin Fong
Marketing Directorno datano datano data
Chee Siong Chong
Head of Business Development - STC Groupno datano datano data
Chung Tan
Deputy MD & Executive Director5.67yrsno data0.068%
MYR 112.4k
Chung Tan
Executive Director3.67yrsno datano data
Loo Tan
Company Secretary1.08yrsno datano data
Siew Chuan Chua
Company Secretary1.08yrsno datano data

3.7yrs

Average Tenure

50yo

Average Age

Experienced Management: SUCCESS's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ah Tan
MD & Directorno datano data0.092%
MYR 151.7k
Wei Tan
COO & Executive Director5.33yrsno data0.070%
MYR 115.5k
Chung Tan
Deputy MD & Executive Director5.67yrsno data0.068%
MYR 112.4k
Chung Tan
Executive Director3.67yrsno datano data
Kim Yeoh
Non-Independent Non-Executive Director13yrsno data0.57%
MYR 936.8k
Foong Chan
Independent Non-Executive Director4.5yrsno datano data
Ahmad Bin Haji Abdul Razak
Independent Non Executive Chairman0.75yrno datano data

5.3yrs

Average Tenure

49yo

Average Age

Experienced Board: SUCCESS's board of directors are considered experienced (5.3 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

Success Transformer Corporation Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Success Transformer Corporation Berhad
  • Ticker: SUCCESS
  • Exchange: KLSE
  • Founded: 2003
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: RM165.292m
  • Shares outstanding: 227.99m
  • Website: https://www.stcgroup.com.my

Number of Employees


Location

  • Success Transformer Corporation Berhad
  • No. 3, 5 & 7, Jalan TSB 8
  • Taman Industri Sungai Buloh
  • Sungai Buloh
  • Selangor
  • 47000
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SUCCESSKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJan 2005

Biography

Success Transformer Corporation Berhad, an investment holding company, engages in the design, manufacture, marketing, and distribution of electrical apparatus and industrial lighting products in Malaysia a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 11:03
End of Day Share Price2021/03/04 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.