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UMS-Neiken Group Berhad

Market Cap

RM104.9m

Last Updated

2021/05/16 11:04 UTC

Data Sources

Company Financials

Executive Summary

UMS-Neiken Group Berhad, an investment holding company, designs, manufactures, wholesales, distributes, and trades in electrical wiring accessories and related products in Malaysia, Vietnam, and Singapore. More Details


Snowflake Analysis

Flawless balance sheet with proven track record and pays a dividend.

Share Price & News

How has UMS-Neiken Group Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UMSNGB is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: UMSNGB's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

2.3%

UMSNGB

-3.5%

MY Electrical

-1.0%

MY Market


1 Year Return

69.6%

UMSNGB

86.3%

MY Electrical

18.0%

MY Market

Return vs Industry: UMSNGB underperformed the MY Electrical industry which returned 86.3% over the past year.

Return vs Market: UMSNGB exceeded the MY Market which returned 18% over the past year.


Shareholder returns

UMSNGBIndustryMarket
7 Day2.3%-3.5%-1.0%
30 Day30.1%-9.3%-2.1%
90 Day31.4%-15.3%-0.5%
1 Year75.0%69.6%94.9%86.3%21.6%18.0%
3 Year44.7%31.4%71.2%28.1%-0.8%-10.1%
5 Year37.9%18.6%28.4%-3.4%15.2%-4.2%

Long-Term Price Volatility Vs. Market

How volatile is UMS-Neiken Group Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is UMS-Neiken Group Berhad undervalued compared to its fair value and its price relative to the market?

17.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UMSNGB (MYR1.34) is trading above our estimate of fair value (MYR0.37)

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


Price To Earnings Ratio

PE vs Industry: UMSNGB is good value based on its PE Ratio (17.4x) compared to the MY Electrical industry average (23.3x).

PE vs Market: UMSNGB is good value based on its PE Ratio (17.4x) compared to the MY market (19.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UMSNGB's PB Ratio (1x) is in line with the MY Electrical industry average.


Future Growth

How is UMS-Neiken Group Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.7%

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 UMS-Neiken Group 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 UMS-Neiken Group Berhad performed over the past 5 years?

-17.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UMSNGB has high quality earnings.

Growing Profit Margin: UMSNGB's current net profit margins (9.6%) are higher than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: UMSNGB's earnings have declined by 17.2% per year over the past 5 years.

Accelerating Growth: UMSNGB's earnings growth over the past year (49.9%) exceeds its 5-year average (-17.2% per year).

Earnings vs Industry: UMSNGB earnings growth over the past year (49.9%) exceeded the Electrical industry -6.1%.


Return on Equity

High ROE: UMSNGB's Return on Equity (5.9%) is considered low.


Financial Health

How is UMS-Neiken Group Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: UMSNGB's short term assets (MYR66.0M) exceed its short term liabilities (MYR8.2M).

Long Term Liabilities: UMSNGB's short term assets (MYR66.0M) exceed its long term liabilities (MYR2.8M).


Debt to Equity History and Analysis

Debt Level: UMSNGB's debt to equity ratio (1.5%) is considered satisfactory.

Reducing Debt: UMSNGB's debt to equity ratio has reduced from 7.3% to 1.5% over the past 5 years.

Debt Coverage: UMSNGB's debt is well covered by operating cash flow (377.9%).

Interest Coverage: UMSNGB's interest payments on its debt are well covered by EBIT (56.6x coverage).


Balance Sheet


Dividend

What is UMS-Neiken Group Berhad current dividend yield, its reliability and sustainability?

2.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UMSNGB's dividend (2.24%) is higher than the bottom 25% of dividend payers in the MY market (1.41%).

High Dividend: UMSNGB's dividend (2.24%) is low compared to the top 25% of dividend payers in the MY market (3.97%).


Stability and Growth of Payments

Stable Dividend: UMSNGB's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.9%), UMSNGB'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 management tenure


CEO

Wong Cheng (70 yo)

16.33yrs

Tenure

RM1,099,988

Compensation

Mr. Cheng Wong serves as the Managing Director of Ums-Neiken Group Berhad. Mr. Wong started his career at Seng Electric Co. where he served as an Electrical Wholesaler and Distributor, since 1970 and as a...


CEO Compensation Analysis

Compensation vs Market: Wong's total compensation ($USD266.63K) is above average for companies of similar size in the MY market ($USD139.42K).

Compensation vs Earnings: Wong's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: UMSNGB's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: UMSNGB's board of directors are seasoned and experienced ( 12.7 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

UMS-Neiken Group Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: UMS-Neiken Group Berhad
  • Ticker: UMSNGB
  • Exchange: KLSE
  • Founded: 1980
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: RM104.880m
  • Shares outstanding: 78.27m
  • Website: https://www.ums-neiken.com

Location

  • UMS-Neiken Group Berhad
  • Rawang Integrated Industrial Park
  • Lot 48, Jalan Industri 2/1
  • Rawang
  • Selangor
  • 48000
  • Malaysia

Listings


Biography

UMS-Neiken Group Berhad, an investment holding company, designs, manufactures, wholesales, distributes, and trades in electrical wiring accessories and related products in Malaysia, Vietnam, and Singapore....


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 11:04
End of Day Share Price2021/05/12 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.