company background image
WTHORSE logo

White Horse Berhad KLSE:WTHORSE Stock Report

Last Price

RM 0.78

Market Cap

RM 172.0m

7D

0%

1Y

6.8%

Updated

12 Jun, 2025

Data

Company Financials

White Horse Berhad (WTHORSE) Stock Overview

An investment holding company, engages in the manufacture and distribution of ceramic and homogeneous tiles in Malaysia, Vietnam, Indonesia, the Philippines, Singapore, Thailand, and China. More details

WTHORSE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

WTHORSE Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

White Horse Berhad Competitors

Price History & Performance

Summary of share price highs, lows and changes for White Horse Berhad
Historical stock prices
Current Share PriceRM 0.78
52 Week HighRM 0.81
52 Week LowRM 0.66
Beta0.28
1 Month Change0%
3 Month Change4.70%
1 Year Change6.85%
3 Year Change21.88%
5 Year Change14.71%
Change since IPO-22.00%

Recent News & Updates

Impressive Earnings May Not Tell The Whole Story For White Horse Berhad (KLSE:WTHORSE)

Dec 04
Impressive Earnings May Not Tell The Whole Story For White Horse Berhad (KLSE:WTHORSE)

Recent updates

Impressive Earnings May Not Tell The Whole Story For White Horse Berhad (KLSE:WTHORSE)

Dec 04
Impressive Earnings May Not Tell The Whole Story For White Horse Berhad (KLSE:WTHORSE)

White Horse Berhad (KLSE:WTHORSE) Looks Inexpensive But Perhaps Not Attractive Enough

Mar 01
White Horse Berhad (KLSE:WTHORSE) Looks Inexpensive But Perhaps Not Attractive Enough

We Think That There Are Some Issues For White Horse Berhad (KLSE:WTHORSE) Beyond Its Promising Earnings

Aug 30
We Think That There Are Some Issues For White Horse Berhad (KLSE:WTHORSE) Beyond Its Promising Earnings

Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?

Mar 09
Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?

Health Check: How Prudently Does White Horse Berhad (KLSE:WTHORSE) Use Debt?

Oct 26
Health Check: How Prudently Does White Horse Berhad (KLSE:WTHORSE) Use Debt?

Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?

May 18
Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?

Is White Horse Berhad (KLSE:WTHORSE) Using Too Much Debt?

Jan 22
Is White Horse Berhad (KLSE:WTHORSE) Using Too Much Debt?

Shareholder Returns

WTHORSEMY BuildingMY Market
7D0%1.6%1.2%
1Y6.8%-18.7%-9.9%

Return vs Industry: WTHORSE exceeded the MY Building industry which returned -18.7% over the past year.

Return vs Market: WTHORSE exceeded the MY Market which returned -9.9% over the past year.

Price Volatility

Is WTHORSE's price volatile compared to industry and market?
WTHORSE volatility
WTHORSE Average Weekly Movement2.9%
Building Industry Average Movement5.9%
Market Average Movement6.3%
10% most volatile stocks in MY Market11.9%
10% least volatile stocks in MY Market3.3%

Stable Share Price: WTHORSE has not had significant price volatility in the past 3 months compared to the MY market.

Volatility Over Time: WTHORSE's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19971,219Shen Liaowww.whitehorse.my

White Horse Berhad, an investment holding company, engages in the manufacture and distribution of ceramic and homogeneous tiles in Malaysia, Vietnam, Indonesia, the Philippines, Singapore, Thailand, and China. The company offers ceramic floor and wall, ceramic wall, décor, glazed polished, polished porcelain, and porcelain tiles, as well as related support services activities incidental to transportation. It also distributes ceramic, building materials, and hardware products.

White Horse Berhad Fundamentals Summary

How do White Horse Berhad's earnings and revenue compare to its market cap?
WTHORSE fundamental statistics
Market capRM 172.01m
Earnings (TTM)-RM 16.28m
Revenue (TTM)RM 421.65m
0.4x
P/S Ratio
-10.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WTHORSE income statement (TTM)
RevenueRM 421.65m
Cost of RevenueRM 348.69m
Gross ProfitRM 72.96m
Other ExpensesRM 89.25m
Earnings-RM 16.28m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.074
Gross Margin17.30%
Net Profit Margin-3.86%
Debt/Equity Ratio12.9%

How did WTHORSE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/12 16:04
End of Day Share Price 2025/06/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

White Horse Berhad is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ken ChanKenanga Research
Jade TamMaybank Research Pte. Ltd.