Unimech Group Berhad
Market Cap
RM235.5m
Last Updated
2021/03/03 11:03 UTC
Data Sources
Company Financials
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
Rewards
Risk Analysis
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
| UNIMECH | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | -1.2% | 0.7% |
| 30 Day | -3.0% | -0.9% | 2.4% |
| 90 Day | 18.7% | 20.1% | -0.9% |
| 1 Year | 33.2%28.2% | 89.5%86.3% | 13.7%10.2% |
| 3 Year | 73.3%54.4% | 68.3%56.3% | -1.8%-10.7% |
| 5 Year | 64.4%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
1 week ago | Simply Wall St
Unimech Group Berhad's (KLSE:UNIMECH) Stock Is Going Strong: Have Financials A Role To Play?1 month ago | Simply Wall St
What To Know Before Buying Unimech Group Berhad (KLSE:UNIMECH) For Its Dividend1 month ago | Simply Wall St
Here's Why Unimech Group Berhad (KLSE:UNIMECH) Can Manage Its Debt ResponsiblyValuation
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
- Examine whether Unimech Group Berhad is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Capital Goods industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 8yrs | RM530.91k | 32.9% MYR 77.5m | |
| Deputy CEO & Executive Director | 21yrs | RM63.50k | 7.68% MYR 18.1m | |
| Executive Director | 21yrs | RM706.58k | 1.16% MYR 2.7m | |
| Executive Director | 15.58yrs | RM349.64k | 1.14% MYR 2.7m | |
| Group GM & Executive Director | 11.17yrs | RM353.28k | 0.034% MYR 79.4k | |
| Executive Director | 1.5yrs | no data | no data | |
| Company Secretary | 10.92yrs | no data | no data | |
| Company Secretary | 9.17yrs | no data | no data | |
| President Director of P.T. Arita Prima Indonesia Tbk. | no data | no data | no data | |
| Managing Director of Unimech (Asia Pacific) Pty. Ltd. & Unimech Engineering (Aust) Pty. Ltd. | no data | no data | no data | |
| Executive Director of TM Unimech Co. Ltd. | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 8yrs | RM530.91k | 32.9% MYR 77.5m | |
| Deputy CEO & Executive Director | 21yrs | RM63.50k | 7.68% MYR 18.1m | |
| Executive Director | 21yrs | RM706.58k | 1.16% MYR 2.7m | |
| Executive Director | 15.58yrs | RM349.64k | 1.14% MYR 2.7m | |
| Group GM & Executive Director | 11.17yrs | RM353.28k | 0.034% MYR 79.4k | |
| Executive Director | 1.5yrs | no data | no data | |
| President Director of P.T. Arita Prima Indonesia Tbk. | no data | no data | no data | |
| Executive Director of TM Unimech Co. Ltd. | no data | no data | no data | |
| Independent Non Executive Director | 7.42yrs | RM41.50k | 0.067% MYR 158.9k | |
| Independent Non Executive Director | 21yrs | RM41.50k | 0.98% MYR 2.3m | |
| Senior Independent Non-Executive Director | 4.58yrs | RM53.50k | no data | |
| Independent Non-Executive Chairman | 3yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UNIMECH | KLSE (Bursa Malaysia) | Yes | Ordinary Shares | MY | MYR | Jun 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 11:03 |
| End of Day Share Price | 2021/03/02 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.