KLSE:UNIMECH

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Executive Summary

Unimech Group Berhad, an investment holding company, engages in the system design, fabrication, installation, and maintenance of boilers, combustion equipment, engineering equipment, and piping systems worldwide. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

1.3%

UNIMECH

-1.2%

MY Machinery

0.7%

MY Market


1 Year Return

28.2%

UNIMECH

86.3%

MY Machinery

10.2%

MY Market

Return vs Industry: UNIMECH underperformed the MY Machinery industry which returned 86.8% over the past year.

Return vs Market: UNIMECH exceeded the MY Market which returned 10.9% over the past year.


Shareholder returns

UNIMECHIndustryMarket
7 Day1.3%-1.2%0.7%
30 Day-3.0%-0.9%2.4%
90 Day18.7%20.1%-0.9%
1 Year33.2%28.2%89.5%86.3%13.7%10.2%
3 Year73.3%54.4%68.3%56.3%-1.8%-10.7%
5 Year64.4%38.3%51.8%32.3%11.8%-6.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Unimech Group Berhad undervalued compared to its fair value and its price relative to the market?

40.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UNIMECH (MYR1.59) is trading below our estimate of fair value (MYR2.67)

Significantly Below Fair Value: UNIMECH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UNIMECH is good value based on its PE Ratio (11.1x) compared to the MY Machinery industry average (20.8x).

PE vs Market: UNIMECH is good value based on its PE Ratio (11.1x) compared to the MY market (18.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UNIMECH is good value based on its PB Ratio (0.9x) compared to the MY Machinery industry average (1.1x).


Next Steps

Future Growth

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

25.2%

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 Unimech 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.


Next Steps

Past Performance

How has Unimech Group Berhad performed over the past 5 years?

23.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UNIMECH has high quality earnings.

Growing Profit Margin: UNIMECH's current net profit margins (8.1%) are higher than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: UNIMECH's earnings have grown significantly by 23.1% per year over the past 5 years.

Accelerating Growth: UNIMECH's earnings growth over the past year (4.1%) is below its 5-year average (23.1% per year).

Earnings vs Industry: UNIMECH earnings growth over the past year (4.1%) exceeded the Machinery industry -19.8%.


Return on Equity

High ROE: UNIMECH's Return on Equity (8.3%) is considered low.


Next Steps

Financial Health

How is Unimech Group Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: UNIMECH's short term assets (MYR319.6M) exceed its short term liabilities (MYR137.0M).

Long Term Liabilities: UNIMECH's short term assets (MYR319.6M) exceed its long term liabilities (MYR24.0M).


Debt to Equity History and Analysis

Debt Level: UNIMECH's debt to equity ratio (33.2%) is considered satisfactory.

Reducing Debt: UNIMECH's debt to equity ratio has reduced from 48.3% to 33.2% over the past 5 years.

Debt Coverage: UNIMECH's debt is well covered by operating cash flow (34.8%).

Interest Coverage: UNIMECH's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Unimech Group Berhad current dividend yield, its reliability and sustainability?

2.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UNIMECH's dividend (2.83%) is higher than the bottom 25% of dividend payers in the MY market (1.48%).

High Dividend: UNIMECH's dividend (2.83%) is low compared to the top 25% of dividend payers in the MY market (4.16%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.4%), UNIMECH'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?

8.6yrs

Average management tenure


CEO

Cheah Lim (71 yo)

8yrs

Tenure

RM530,905

Compensation

Mr. Dato. Cheah Chooi Lim has been the Chief Executive Officer of Unimech Group Bhd since March 18, 2013 and served as its Executive Chairman since March 06, 2000. Dato. Lim served as Group Managing Direct...


CEO Compensation Analysis

Compensation vs Market: Cheah's total compensation ($USD0.00) is below average for companies of similar size in the MY market ($USD143.79K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Cheah Lim
Group CEO & Executive Director8yrsRM530.91k32.9%
MYR 77.5m
Kim Lim
Deputy CEO & Executive Director21yrsRM63.50k7.68%
MYR 18.1m
Mun Han
Executive Director21yrsRM706.58k1.16%
MYR 2.7m
Jun Lim
Executive Director15.58yrsRM349.64k1.14%
MYR 2.7m
Yee Fuan Sim
Group GM & Executive Director11.17yrsRM353.28k0.034%
MYR 79.4k
Yoshikazu Yokochi
Executive Director1.5yrsno datano data
Gaik Cheah
Company Secretary10.92yrsno datano data
Mei-Mei Lee
Company Secretary9.17yrsno datano data
Yew Low
President Director of P.T. Arita Prima Indonesia Tbk.no datano datano data
Chong Lau
Managing Director of Unimech (Asia Pacific) Pty. Ltd. & Unimech Engineering (Aust) Pty. Ltd.no datano datano data
Kok Yew
Executive Director of TM Unimech Co. Ltd.no datano datano data

8.6yrs

Average Tenure

54yo

Average Age

Experienced Management: UNIMECH's management team is seasoned and experienced (8.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Cheah Lim
Group CEO & Executive Director8yrsRM530.91k32.9%
MYR 77.5m
Kim Lim
Deputy CEO & Executive Director21yrsRM63.50k7.68%
MYR 18.1m
Mun Han
Executive Director21yrsRM706.58k1.16%
MYR 2.7m
Jun Lim
Executive Director15.58yrsRM349.64k1.14%
MYR 2.7m
Yee Fuan Sim
Group GM & Executive Director11.17yrsRM353.28k0.034%
MYR 79.4k
Yoshikazu Yokochi
Executive Director1.5yrsno datano data
Yew Low
President Director of P.T. Arita Prima Indonesia Tbk.no datano datano data
Kok Yew
Executive Director of TM Unimech Co. Ltd.no datano datano data
Khairilanuar Bin Tun Abdul Rahman Abbas
Independent Non Executive Director7.42yrsRM41.50k0.067%
MYR 158.9k
Abdul Bin Abdul Karim
Independent Non Executive Director21yrsRM41.50k0.98%
MYR 2.3m
Eng Teh
Senior Independent Non-Executive Director4.58yrsRM53.50kno data
Ching See
Independent Non-Executive Chairman3yrsno datano data

13.4yrs

Average Tenure

59.5yo

Average Age

Experienced Board: UNIMECH's board of directors are seasoned and experienced ( 13.4 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

Unimech Group Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Unimech Group Berhad
  • Ticker: UNIMECH
  • Exchange: KLSE
  • Founded: 1996
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: RM235.471m
  • Shares outstanding: 148.09m
  • Website: https://www.unimechgroup.com

Location

  • Unimech Group Berhad
  • Wisma Unimech
  • No. 4934, Jalan Chain Ferry
  • Butterworth
  • Pulau Pinang
  • 12100
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UNIMECHKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJun 2000

Biography

Unimech Group Berhad, an investment holding company, engages in the system design, fabrication, installation, and maintenance of boilers, combustion equipment, engineering equipment, and piping systems wor...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 11:03
End of Day Share Price2021/03/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.