Hiap Huat Holdings Berhad (KLSE:HHHCORP) - Share price, News & Analysis

HHHCORP fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

HHHCORP Stock Overview

Rewards

Price-To-Earnings ratio (10.8x) is below the MY market (14x)

Became profitable this year

Risk Analysis

Does not have a meaningful market cap (MYR41M)

Shareholders have been diluted in the past year

Hiap Huat Holdings Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hiap Huat Holdings Berhad
Historical stock prices
Current Share Price	RM0.10
52 Week High	RM0.19
52 Week Low	RM0.10
Beta	1.47
1 Month Change	-16.00%
3 Month Change	-12.50%
1 Year Change	-34.38%
3 Year Change	5.00%
5 Year Change	-4.55%
Change since IPO	-58.00%

Recent News & Updates

Feb 23

Is Hiap Huat Holdings Berhad (KLSE:HHHCORP) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Dec 02

Hiap Huat Holdings Berhad's (KLSE:HHHCORP) Earnings Are Weaker Than They Seem

Hiap Huat Holdings Berhad's ( KLSE:HHHCORP ) robust earnings report didn't manage to move the market for its stock. Our...

Shareholder Returns

	HHHCORP	MY Commercial Services	MY Market
7D	0%	2.0%	-1.2%
1Y	-34.4%	-15.6%	-8.7%

Return vs Industry: HHHCORP underperformed the MY Commercial Services industry which returned -15.6% over the past year.

Return vs Market: HHHCORP underperformed the MY Market which returned -8.7% over the past year.

Price Volatility

Is HHHCORP's price volatile compared to industry and market?
HHHCORP volatility
HHHCORP Average Weekly Movement	5.8%
Commercial Services Industry Average Movement	6.3%
Market Average Movement	5.5%
10% most volatile stocks in MY Market	11.4%
10% least volatile stocks in MY Market	2.9%

Stable Share Price: HHHCORP is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: HHHCORP's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1985	n/a	Say Chan	https://www.hiaphuat.com

Hiap Huat Holdings Berhad, an investment holding company, manufactures, recycles, and refines petroleum based products, industrial paints, oils, solvent chemical products, and other related products in Malaysia, Singapore, Hong Kong, and Vietnam. The company offers scheduled waste management services; laboratory services, including scientific or clinical advice and diagnostic testing services to chemical and manufacturing industries; various distillation tolling services for materials; and information technology services. It also provides lubricants for use in passenger and commercial vehicles, and industrial machinery under the Top Up and AF1 brands; and emulsion and gloss paints, oxide primers, white undercoats, and wood preservatives under the Nekko and Cap Rumah brands.

Hiap Huat Holdings Berhad Fundamentals Summary

How do Hiap Huat Holdings Berhad's earnings and revenue compare to its market cap?
HHHCORP fundamental statistics
Market Cap	RM41.48m
Earnings (TTM)	RM3.85m
Revenue (TTM)	RM68.25m

10.8x

P/E Ratio

0.6x

P/S Ratio

Is HHHCORP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
HHHCORP income statement (TTM)
Revenue	RM68.25m
Cost of Revenue	RM52.74m
Gross Profit	RM15.51m
Other Expenses	RM11.66m
Earnings	RM3.85m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.0097
Gross Margin	22.73%
Net Profit Margin	5.63%
Debt/Equity Ratio	30.8%

How did HHHCORP perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is HHHCORP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HHHCORP?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for HHHCORP. This is calculated by dividing HHHCORP's market cap by their current preferred multiple.
What is HHHCORP's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	RM41.48m

HHHCORP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.7x
Enterprise Value/EBITDA	4.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does HHHCORP's PE Ratio compare to its peers?

HHHCORP PE Ratio vs Peers

The above table shows the PE ratio for HHHCORP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	11.3x

Forward PE

Price-To-Earnings vs Peers: HHHCORP is good value based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (11.3x).

Price to Earnings Ratio vs Industry

How does HHHCORP's PE Ratio compare vs other companies in the Commercial Services Industry?

Price-To-Earnings vs Industry: HHHCORP is good value based on its Price-To-Earnings Ratio (10.8x) compared to the MY Commercial Services industry average (10.8x)

Price to Earnings Ratio vs Fair Ratio

What is HHHCORP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HHHCORP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HHHCORP's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of HHHCORP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate HHHCORP's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate HHHCORP's fair value for valuation analysis.

Price to Earnings Growth Ratio

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

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Future Growth

How is Hiap Huat Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

13.4%

Forecasted Commercial Services 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 Hiap Huat Holdings 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.

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Examine Hiap Huat Holdings Berhad's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Hiap Huat Holdings Berhad performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

3.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HHHCORP has high quality earnings.

Growing Profit Margin: HHHCORP became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: HHHCORP's earnings have grown by 3.2% per year over the past 5 years.

Accelerating Growth: HHHCORP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HHHCORP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (29.9%).

Return on Equity

High ROE: HHHCORP's Return on Equity (5%) is considered low.

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Financial Health

How is Hiap Huat Holdings Berhad's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: HHHCORP's short term assets (MYR33.0M) exceed its short term liabilities (MYR7.5M).

Long Term Liabilities: HHHCORP's short term assets (MYR33.0M) exceed its long term liabilities (MYR30.1M).

Debt to Equity History and Analysis

Debt Level: HHHCORP's net debt to equity ratio (10.4%) is considered satisfactory.

Reducing Debt: HHHCORP's debt to equity ratio has reduced from 37.6% to 30.8% over the past 5 years.

Debt Coverage: HHHCORP's debt is well covered by operating cash flow (28%).

Interest Coverage: HHHCORP's interest payments on its debt are well covered by EBIT (11.1x coverage).

Balance Sheet

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Dividend

What is Hiap Huat Holdings Berhad current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate HHHCORP'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 HHHCORP's dividends per share have been stable in the past.

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

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as HHHCORP has not reported any payouts.

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Management

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

11.6yrs

Average board tenure

CEO

Say Chan (42 yo)

13.5yrs

Tenure

RM672,923

Compensation

Mr. Say Hwa Chan has been the Group Managing Director of Hiap Huat Holdings Berhad since December 2008. Mr. Chan is mainly responsible for Hiap Huat Holdings Berhad's overall strategy and development of th...

CEO Compensation Analysis

Compensation vs Market: Say's total compensation ($USD152.97K) is above average for companies of similar size in the MY market ($USD113.49K).

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

Board Members

Experienced Board: HHHCORP's board of directors are seasoned and experienced ( 11.6 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 20%.

Data	Last Updated (UTC time)
Company Analysis	2022/06/25 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31