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MTAG

MTAG Group Berhad KLSE:MTAG Stock Report

Last Price

RM0.47

Market Cap

RM320.4m

7D

2.2%

1Y

-29.3%

Updated

25 Jun, 2022

Data

Company Financials +
MTAG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance1/6
Financial Health6/6
Dividends3/6

MTAG Stock Overview

MTAG Group Berhad, an investment holding company, provides labels and stickers printing, and material converting services primarily in Malaysia and internationally.

MTAG Group Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for MTAG Group Berhad
Historical stock prices
Current Share PriceRM0.47
52 Week HighRM0.72
52 Week LowRM0.41
Beta1.92
1 Month Change-8.74%
3 Month Change-4.08%
1 Year Change-29.32%
3 Year Changen/a
5 Year Changen/a
Change since IPO6.82%

Recent News & Updates

May 26
MTAG Group Berhad (KLSE:MTAG) Has Re-Affirmed Its Dividend Of RM0.02

MTAG Group Berhad (KLSE:MTAG) Has Re-Affirmed Its Dividend Of RM0.02

The board of MTAG Group Berhad ( KLSE:MTAG ) has announced that it will pay a dividend of RM0.02 per share on the 21st...

Shareholder Returns

MTAGMY Commercial ServicesMY Market
7D2.2%2.0%-1.2%
1Y-29.3%-15.6%-8.7%

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

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

Price Volatility

Is MTAG's price volatile compared to industry and market?
MTAG volatility
MTAG Average Weekly Movement4.2%
Commercial Services Industry Average Movement6.3%
Market Average Movement5.5%
10% most volatile stocks in MY Market11.4%
10% least volatile stocks in MY Market2.9%

Stable Share Price: MTAG is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MTAG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995180Kam Shiang Chawhttps://mtaggroup.com

MTAG Group Berhad, an investment holding company, provides labels and stickers printing, and material converting services primarily in Malaysia and internationally. It operates through Converting and Distribution segments. The company converts adhesive tapes and papers, mesh materials, metals, polyethylene plastics, foams, and cardboards for the electrical and electronics, precision tooling, automotive, mechanical, engineering, and construction industries.

MTAG Group Berhad Fundamentals Summary

How do MTAG Group Berhad's earnings and revenue compare to its market cap?
MTAG fundamental statistics
Market CapRM320.36m
Earnings (TTM)RM29.47m
Revenue (TTM)RM170.54m

10.9x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTAG income statement (TTM)
RevenueRM170.54m
Cost of RevenueRM121.93m
Gross ProfitRM48.60m
Other ExpensesRM19.14m
EarningsRM29.47m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.043
Gross Margin28.50%
Net Profit Margin17.28%
Debt/Equity Ratio0%

How did MTAG perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

69%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 MTAG?

Other financial metrics that can be useful for relative valuation.

MTAG 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/Revenue1.1x
Enterprise Value/EBITDA5.2x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

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

MTAG PE Ratio vs Peers
The above table shows the PE ratio for MTAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26.8x

Price-To-Earnings vs Peers: MTAG is good value based on its Price-To-Earnings Ratio (10.9x) compared to the peer average (26.8x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: MTAG is expensive based on its Price-To-Earnings Ratio (10.9x) compared to the MY Commercial Services industry average (10.8x)


Price to Earnings Ratio vs Fair Ratio

What is MTAG'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.

MTAG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.9x
Fair PE Ratio22.8x

Price-To-Earnings vs Fair Ratio: MTAG is good value based on its Price-To-Earnings Ratio (10.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.8x).


Share Price vs Fair Value

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

Below Fair Value: MTAG (MYR0.47) is trading above our estimate of fair value (MYR0.41)

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


Price to Earnings Growth Ratio

PEG Ratio: MTAG is good value based on its PEG Ratio (0.4x)


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Future Growth

How is MTAG Group Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTAG's forecast earnings growth (24.8% per year) is above the savings rate (3.6%).

Earnings vs Market: MTAG's earnings (24.8% per year) are forecast to grow faster than the MY market (9.9% per year).

High Growth Earnings: MTAG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MTAG's revenue (23.1% per year) is forecast to grow faster than the MY market (5.2% per year).

High Growth Revenue: MTAG's revenue (23.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MTAG's Return on Equity is forecast to be high in 3 years time


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Past Performance

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

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MTAG has high quality earnings.

Growing Profit Margin: MTAG's current net profit margins (17.3%) are lower than last year (17.3%).


Past Earnings Growth Analysis

Earnings Trend: MTAG's earnings have declined by 2.5% per year over the past 5 years.

Accelerating Growth: MTAG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MTAG had negative earnings growth (-6.6%) over the past year, making it difficult to compare to the Commercial Services industry average (29.9%).


Return on Equity

High ROE: MTAG's Return on Equity (14.1%) is considered low.


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Financial Health

How is MTAG Group 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: MTAG's short term assets (MYR203.4M) exceed its short term liabilities (MYR16.8M).

Long Term Liabilities: MTAG's short term assets (MYR203.4M) exceed its long term liabilities (MYR2.5M).


Debt to Equity History and Analysis

Debt Level: MTAG is debt free.

Reducing Debt: MTAG has no debt compared to 5 years ago when its debt to equity ratio was 49.9%.

Debt Coverage: MTAG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MTAG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.38%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MTAG's dividend (6.38%) is higher than the bottom 25% of dividend payers in the MY market (2.15%).

High Dividend: MTAG's dividend (6.38%) is in the top 25% of dividend payers in the MY market (4.91%)


Stability and Growth of Payments

Stable Dividend: MTAG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MTAG's dividend payments have increased, but the company has only paid a dividend for 3 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (69.4%), MTAG's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (128.6%), MTAG's dividend payments are not well covered by cash flows.


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Management

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

3.4yrs

Average management tenure


CEO

Kam Shiang Chaw (60 yo)

4.42yrs

Tenure

RM3,050,000

Compensation

Mr. Kam Shiang Chaw serves as Group Managing Director and Executive Director of MTAG Group Berhad since January 2, 2018. He was Managing Director at MTAG Group Berhad. Equipped with an experience in the la...


CEO Compensation Analysis

Compensation vs Market: Kam Shiang's total compensation ($USD693.34K) is above average for companies of similar size in the MY market ($USD113.49K).

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


Leadership Team

Experienced Management: MTAG's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: MTAG's board of directors are considered experienced (3.7 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

MTAG Group Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: MTAG Group Berhad
  • Ticker: MTAG
  • Exchange: KLSE
  • Founded: 1995
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Implied Market Cap: RM320.360m
  • Shares outstanding: 681.62m
  • Website: https://mtaggroup.com

Number of Employees


Location

  • MTAG Group Berhad
  • PLO 226, Jalan Kencana Mas
  • Kawasan Perindustrian Tebrau III
  • Johor Bahru
  • Johor
  • 81100
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.