TEXCHEM Stock Overview
Texchem Resources Bhd, an investment holding company, engages in industrial, polymer engineering, food, restaurant, and venture businesses.
Texchem Resources Bhd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM2.96|
|52 Week High||RM3.99|
|52 Week Low||RM0.71|
|1 Month Change||6.86%|
|3 Month Change||6.09%|
|1 Year Change||246.20%|
|3 Year Change||474.76%|
|5 Year Change||171.56%|
|Change since IPO||81.70%|
Recent News & Updates
Texchem Resources Bhd (KLSE:TEXCHEM) Has Some Way To Go To Become A Multi-Bagger
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
|TEXCHEM||MY Industrials||MY Market|
Return vs Industry: TEXCHEM exceeded the MY Industrials industry which returned 2.3% over the past year.
Return vs Market: TEXCHEM exceeded the MY Market which returned -3.1% over the past year.
|TEXCHEM Average Weekly Movement||10.3%|
|Industrials Industry Average Movement||4.5%|
|Market Average Movement||5.6%|
|10% most volatile stocks in MY Market||11.5%|
|10% least volatile stocks in MY Market||2.8%|
Stable Share Price: TEXCHEM is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: TEXCHEM's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of MY stocks.
About the Company
Texchem Resources Bhd, an investment holding company, engages in industrial, polymer engineering, food, restaurant, and venture businesses. The company offers plastic resins, rubber/latex chemicals, PVC and coating/ink resins and additives, adhesive chemicals, food ingredients, personal care and pharmaceutical additives, dyestuffs and textile auxiliaries, hand sanitizers and surface disinfectants, 3-ply face masks, and face shields. It also provides polymer solutions and designs to the data storage, semiconductor, consumer electronics and electrical, telecommunications, and medical devices/life science industries.
Texchem Resources Bhd Fundamentals Summary
|TEXCHEM fundamental statistics|
Is TEXCHEM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TEXCHEM income statement (TTM)|
|Cost of Revenue||RM886.90m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.27|
|Net Profit Margin||2.82%|
How did TEXCHEM perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Is TEXCHEM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TEXCHEM?
Other financial metrics that can be useful for relative valuation.
|What is TEXCHEM's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does TEXCHEM's PE Ratio compare to its peers?
|TEXCHEM PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
KFIMA Kumpulan Fima Berhad
BSTEAD Boustead Holdings Berhad
HLIND Hong Leong Industries Berhad
SUNWAY Sunway Berhad
TEXCHEM Texchem Resources Bhd
Price-To-Earnings vs Peers: TEXCHEM is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (11.7x).
Price to Earnings Ratio vs Industry
How does TEXCHEM's PE Ratio compare vs other companies in the Asian Industrials Industry?
Price-To-Earnings vs Industry: TEXCHEM is good value based on its Price-To-Earnings Ratio (11x) compared to the MY Industrials industry average (15.4x)
Price to Earnings Ratio vs Fair Ratio
What is TEXCHEM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||11x|
|Fair PE Ratio||16.4x|
Price-To-Earnings vs Fair Ratio: TEXCHEM is good value based on its Price-To-Earnings Ratio (11x) compared to the estimated Fair Price-To-Earnings Ratio (16.4x).
Share Price vs Fair Value
What is the Fair Price of TEXCHEM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TEXCHEM (MYR2.96) is trading below our estimate of fair value (MYR3.69)
Significantly Below Fair Value: TEXCHEM is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Texchem Resources Bhd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TEXCHEM's forecast earnings growth (15.7% per year) is above the savings rate (3.6%).
Earnings vs Market: TEXCHEM's earnings (15.7% per year) are forecast to grow faster than the MY market (10.2% per year).
High Growth Earnings: TEXCHEM's earnings are forecast to grow, but not significantly.
Revenue vs Market: TEXCHEM's revenue (5.5% per year) is forecast to grow faster than the MY market (5.1% per year).
High Growth Revenue: TEXCHEM's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TEXCHEM's Return on Equity is forecast to be low in 3 years time (15.6%).
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How has Texchem Resources Bhd performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TEXCHEM has a large one-off gain of MYR6.8M impacting its March 31 2022 financial results.
Growing Profit Margin: TEXCHEM's current net profit margins (2.8%) are higher than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: TEXCHEM's earnings have grown significantly by 39.8% per year over the past 5 years.
Accelerating Growth: TEXCHEM's earnings growth over the past year (184.3%) exceeds its 5-year average (39.8% per year).
Earnings vs Industry: TEXCHEM earnings growth over the past year (184.3%) exceeded the Industrials industry 26.2%.
Return on Equity
High ROE: TEXCHEM's Return on Equity (10.7%) is considered low.
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How is Texchem Resources Bhd's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TEXCHEM's short term assets (MYR398.2M) exceed its short term liabilities (MYR321.3M).
Long Term Liabilities: TEXCHEM's short term assets (MYR398.2M) exceed its long term liabilities (MYR155.2M).
Debt to Equity History and Analysis
Debt Level: TEXCHEM's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: TEXCHEM's debt to equity ratio has reduced from 52.7% to 52% over the past 5 years.
Debt Coverage: TEXCHEM's debt is well covered by operating cash flow (33.4%).
Interest Coverage: TEXCHEM's interest payments on its debt are well covered by EBIT (4.2x coverage).
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What is Texchem Resources Bhd current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TEXCHEM's dividend (3.38%) is higher than the bottom 25% of dividend payers in the MY market (2%).
High Dividend: TEXCHEM's dividend (3.38%) is low compared to the top 25% of dividend payers in the MY market (4.84%).
Stability and Growth of Payments
Stable Dividend: TEXCHEM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TEXCHEM has only been paying a dividend for 7 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), TEXCHEM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29%), TEXCHEM's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kee Yap (58 yo)
Mr. Kee Keong Yap has been President and Chief Operating Officer of Texchem-Pack (M) Bhd., a subsidiary of Texchem Resources Bhd since 2005. Mr. Yap has been the Chief Executive Officer of Texchem-Pack Hol...
CEO Compensation Analysis
Compensation vs Market: Kee's total compensation ($USD174.44K) is above average for companies of similar size in the MY market ($USD111.82K).
Compensation vs Earnings: Kee's compensation has increased by more than 20% in the past year.
Experienced Management: TEXCHEM's management team is considered experienced (2.3 years average tenure).
Experienced Board: TEXCHEM's board of directors are seasoned and experienced ( 10.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Texchem Resources Bhd's employee growth, exchange listings and data sources
- Name: Texchem Resources Bhd
- Ticker: TEXCHEM
- Exchange: KLSE
- Founded: 1973
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Implied Market Cap: RM350.215m
- Shares outstanding: 118.32m
- Website: https://texchemgroup.com
Number of Employees
- Texchem Resources Bhd
- Menara Boustead Penang
- Level 18
- Pulau Pinang
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/07 00:00|
|End of Day Share Price||2022/08/05 00:00|
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.