Eurospan Holdings Berhad (KLSE:EUROSP) - Share price, News & Analysis

EUROSP fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

EUROSP Stock Overview

Eurospan Holdings Berhad, an investment holding company, manufactures and trades in furniture and wood-based products in Malaysia.

Risk Analysis

Earnings have declined by 9.6% per year over past 5 years

Has less than 1 year of cash runway

Does not have a meaningful market cap (MYR52M)

Eurospan Holdings Berhad Competitors

Sern Kou Resources Berhad

KLSE:SERNKOU

RM630.6m

Lii Hen Industries Bhd

KLSE:LIIHEN

RM543.6m

Poh Huat Resources Holdings Berhad

KLSE:POHUAT

RM394.8m

Latitude Tree Holdings Berhad

KLSE:LATITUD

RM289.5m

Price History & Performance

Summary of all time highs, changes and price drops for Eurospan Holdings Berhad
Historical stock prices
Current Share Price	RM1.16
52 Week High	RM1.62
52 Week Low	RM0.86
Beta	-0.35
1 Month Change	-7.20%
3 Month Change	3.57%
1 Year Change	26.09%
3 Year Change	182.93%
5 Year Change	56.76%
Change since IPO	-7.94%

Shareholder Returns

	EUROSP	MY Consumer Durables	MY Market
7D	7.4%	-0.6%	-0.2%
1Y	26.1%	-6.1%	-3.5%

Return vs Industry: EUROSP exceeded the MY Consumer Durables industry which returned -5.4% over the past year.

Return vs Market: EUROSP exceeded the MY Market which returned -3.4% over the past year.

Price Volatility

Is EUROSP's price volatile compared to industry and market?
EUROSP volatility
EUROSP Average Weekly Movement	n/a
Consumer Durables Industry Average Movement	5.6%
Market Average Movement	6.0%
10% most volatile stocks in MY Market	11.9%
10% least volatile stocks in MY Market	3.1%

Stable Share Price: Insufficient data to determine EUROSP's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine EUROSP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1972	n/a	Kok Guan	https://www.eurospan.com.my

Eurospan Holdings Berhad, an investment holding company, manufactures and trades in furniture and wood-based products in Malaysia. It offers ready-to-assemble and assembled furniture products, such as dining tables, dining chairs, cabinets, dining sets, and benches. The company also exports its products to Europe, the United Kingdom, the United States, Canada, South America, Australia, Africa, Japan, Singapore, China, Russia, New Zealand, Korea, Hong Kong, Taiwan, and the Middle East.

Eurospan Holdings Berhad Fundamentals Summary

How do Eurospan Holdings Berhad's earnings and revenue compare to its market cap?
EUROSP fundamental statistics
Market Cap	RM51.53m
Earnings (TTM)	-RM3.17m
Revenue (TTM)	RM42.00m

1.2x

P/S Ratio

-16.2x

P/E Ratio

Is EUROSP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
EUROSP income statement (TTM)
Revenue	RM42.00m
Cost of Revenue	RM36.07m
Gross Profit	RM5.93m
Other Expenses	RM9.10m
Earnings	-RM3.17m

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.071
Gross Margin	14.11%
Net Profit Margin	-7.56%
Debt/Equity Ratio	6.5%

How did EUROSP perform over the long term?

See historical performance and comparison

Valuation

Is Eurospan Holdings Berhad undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

1.28x

Price to Book (PB) ratio

Share Price vs. Fair Value

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

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

Price To Earnings Ratio

PE vs Industry: EUROSP is unprofitable, so we can't compare its PE Ratio to the MY Consumer Durables industry average.

PE vs Market: EUROSP 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 EUROSP's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: EUROSP is overvalued based on its PB Ratio (1.3x) compared to the MY Consumer Durables industry average (1.1x).

Future Growth

How is Eurospan 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

24.1%

Forecasted Consumer Durables 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 Eurospan 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.

Past Performance

How has Eurospan Holdings Berhad performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

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

-9.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EUROSP is currently unprofitable.

Growing Profit Margin: EUROSP is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: EUROSP is unprofitable, and losses have increased over the past 5 years at a rate of 9.6% per year.

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

Earnings vs Industry: EUROSP is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-11.3%).

Return on Equity

High ROE: EUROSP has a negative Return on Equity (-7.92%), as it is currently unprofitable.

Financial Health

How is Eurospan Holdings Berhad's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: EUROSP's short term assets (MYR33.3M) exceed its short term liabilities (MYR11.2M).

Long Term Liabilities: EUROSP's short term assets (MYR33.3M) exceed its long term liabilities (MYR3.5M).

Debt to Equity History and Analysis

Debt Level: EUROSP has more cash than its total debt.

Reducing Debt: EUROSP's debt to equity ratio has increased from 3.1% to 6.5% 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: EUROSP has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EUROSP has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.4% each year.

Dividend

What is Eurospan 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 EUROSP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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

Earnings Payout to Shareholders

Earnings Coverage: EUROSP is not paying a notable dividend for the MY market.

Cash Payout to Shareholders

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

Next Steps

Explore strong dividend paying companies in the Consumer Durables industry.

Management

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

14.1yrs

Average management tenure

CEO

Kok Guan (69 yo)

22.08yrs

Tenure

RM50,000

Compensation

Mr. Kok Beng Guan has been the Executive Chairman of Eurospan Holdings Berhad since May 19, 2000 and serves as its Managing Director since April 30, 2000. Mr. Guan has many years of experience in the furni...

CEO Compensation Analysis

Compensation vs Market: Kok's total compensation ($USD11.38K) is below average for companies of similar size in the MY market ($USD118.68K).

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

Leadership Team

Experienced Management: EUROSP's management team is seasoned and experienced (14.1 years average tenure).

Board Members

Experienced Board: EUROSP's board of directors are seasoned and experienced ( 11.8 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2022/02/28
Annual Earnings	2021/05/31