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WMG

WMG Holdings BhdKLSE:WMG Stock Report

Market Cap

RM86.7m

7D

0%

1Y

-20.0%

Updated

26 Nov, 2021

Data

Company Financials
WMG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

WMG Stock Overview

WMG Holdings Bhd., an investment holding company, primarily engages in the property development activities.

Price History & Performance

Summary of all time highs, changes and price drops for WMG Holdings Bhd
Historical stock prices
Current Share PriceRM0.10
52 Week HighRM0.20
52 Week LowRM0.10
Beta1.88
1 Month Change-13.04%
3 Month Change-9.09%
1 Year Change-20.00%
3 Year Change-28.57%
5 Year Changen/a
Change since IPO-76.74%

Recent News & Updates

May 18
WMG Holdings Bhd (KLSE:WMG) Is Doing The Right Things To Multiply Its Share Price

WMG Holdings Bhd (KLSE:WMG) Is Doing The Right Things To Multiply Its Share Price

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Mar 16
WMG Holdings Bhd (KLSE:WMG) Has No Shortage Of Debt

WMG Holdings Bhd (KLSE:WMG) Has No Shortage Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

WMGMY Trade DistributorsMY Market
7D0%-2.1%-1.6%
1Y-20.0%-2.4%-2.6%

Return vs Industry: WMG underperformed the MY Trade Distributors industry which returned -2.4% over the past year.

Return vs Market: WMG underperformed the MY Market which returned -2.6% over the past year.

Price Volatility

Is WMG's price volatile compared to industry and market?
WMG volatility
WMG Average Weekly Movement8.3%
Trade Distributors Industry Average Movement7.0%
Market Average Movement5.6%
10% most volatile stocks in MY Market12.1%
10% least volatile stocks in MY Market2.6%

Stable Share Price: WMG is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: WMG's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
1979n/aSiew Quekhttps://www.wmghb.com.my

WMG Holdings Bhd., an investment holding company, primarily engages in the property development activities. The company operates in two segments, Property Development; and Hardware, Building Materials and Related Goods. It develops housing projects, including low-cost apartments, starter homes, and luxurious detached and semi-detached houses, as well as multi-storey luxury condominiums in Sandakan and Kota Kinabalu.

WMG Holdings Bhd Fundamentals Summary

How do WMG Holdings Bhd's earnings and revenue compare to its market cap?
WMG fundamental statistics
Market CapRM86.71m
Earnings (TTM)-RM15.11m
Revenue (TTM)RM66.29m

1.3x

P/S Ratio

-5.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WMG income statement (TTM)
RevenueRM66.29m
Cost of RevenueRM46.76m
Gross ProfitRM19.52m
ExpensesRM34.63m
Earnings-RM15.11m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.017
Gross Margin29.45%
Net Profit Margin-22.79%
Debt/Equity Ratio141.6%

How did WMG perform over the long term?

See historical performance and comparison

Valuation

Is WMG Holdings Bhd undervalued compared to its fair value and its price relative to the market?

3.32x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: WMG (MYR0.1) is trading above our estimate of fair value (MYR0.09)

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


Price To Earnings Ratio

PE vs Industry: WMG is unprofitable, so we can't compare its PE Ratio to the MY Trade Distributors industry average.

PE vs Market: WMG is unprofitable, so we can't compare its PE Ratio to the MY market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WMG is overvalued based on its PB Ratio (3.3x) compared to the MY Trade Distributors industry average (0.8x).


Future Growth

How is WMG Holdings Bhd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.3%

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 WMG Holdings Bhd 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 WMG Holdings Bhd performed over the past 5 years?

2.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WMG is currently unprofitable.

Growing Profit Margin: WMG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WMG is unprofitable, but has reduced losses over the past 5 years at a rate of 2.8% per year.

Accelerating Growth: Unable to compare WMG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WMG is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (69.7%).


Return on Equity

High ROE: WMG has a negative Return on Equity (-2.45%), as it is currently unprofitable.


Financial Health

How is WMG Holdings Bhd's financial position?


Financial Position Analysis

Short Term Liabilities: WMG's short term assets (MYR172.4M) do not cover its short term liabilities (MYR175.3M).

Long Term Liabilities: WMG's short term assets (MYR172.4M) exceed its long term liabilities (MYR100.4M).


Debt to Equity History and Analysis

Debt Level: WMG's net debt to equity ratio (134.4%) is considered high.

Reducing Debt: Insufficient data to determine if WMG's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable WMG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: WMG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.2% per year.


Dividend

What is WMG Holdings Bhd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WMG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WMG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WMG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WMG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WMG's dividend in 3 years as they are not forecast to pay a notable one for the MY market.


Next Steps

Management

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

6.0yrs

Average board tenure


CEO

Siew Quek (66 yo)

no data

Tenure

RM10,000

Compensation

Mr. Quek Siew Hau serves as Managing Director of WMG Holdings Berhad. He served as an Executive of Tekala Corp. Bhd. Mr. Quek has extensive experience and knowledge in the housing development and timber-re...


Board Members

Experienced Board: WMG's board of directors are considered experienced (6 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 been diluted in the past year, with total shares outstanding growing by 2.2%.


Top Shareholders

Company Information

WMG Holdings Bhd.'s employee growth, exchange listings and data sources


Key Information

  • Name: WMG Holdings Bhd.
  • Ticker: WMG
  • Exchange: KLSE
  • Founded: 1979
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: RM86.715m
  • Shares outstanding: 867.15m
  • Website: https://www.wmghb.com.my

Location

  • WMG Holdings Bhd.
  • Wisma WMG, Lot 1 & 2
  • Jalan Indah Jaya
  • Sandakan
  • Sabah
  • 90000
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 16:09
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
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.