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Homeritz Corporation Berhad KLSE:HOMERIZ Stock Report

Last Price

RM0.56

Market Cap

RM235.8m

7D

-1.8%

1Y

-5.1%

Updated

16 May, 2022

Data

Company Financials +
HOMERIZ fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends4/6

HOMERIZ Stock Overview

Homeritz Corporation Berhad, an investment holding company, designs, manufactures, and sells upholstery furniture products in Malaysia.

Homeritz Corporation Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Homeritz Corporation Berhad
Historical stock prices
Current Share PriceRM0.56
52 Week HighRM0.62
52 Week LowRM0.50
Beta0.60
1 Month Change5.71%
3 Month Change-4.31%
1 Year Change-5.13%
3 Year Change10.12%
5 Year Change-26.20%
Change since IPO58.88%

Recent News & Updates

Dec 25
Homeritz Corporation Berhad (KLSE:HOMERIZ) Has Re-Affirmed Its Dividend Of RM0.006

Homeritz Corporation Berhad (KLSE:HOMERIZ) Has Re-Affirmed Its Dividend Of RM0.006

Homeritz Corporation Berhad ( KLSE:HOMERIZ ) has announced that it will pay a dividend of RM0.006 per share on the 11th...

Shareholder Returns

HOMERIZMY Consumer DurablesMY Market
7D-1.8%-1.0%-1.6%
1Y-5.1%-6.8%-4.2%

Return vs Industry: HOMERIZ exceeded the MY Consumer Durables industry which returned -6.8% over the past year.

Return vs Market: HOMERIZ matched the MY Market which returned -4.2% over the past year.

Price Volatility

Is HOMERIZ's price volatile compared to industry and market?
HOMERIZ volatility
HOMERIZ Average Weekly Movement4.1%
Consumer Durables Industry Average Movement5.5%
Market Average Movement6.0%
10% most volatile stocks in MY Market11.8%
10% least volatile stocks in MY Market3.1%

Stable Share Price: HOMERIZ is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1997n/aFen Chuahttps://www.homeritzcorp.com

Homeritz Corporation Berhad, an investment holding company, designs, manufactures, and sells upholstery furniture products in Malaysia. The company provides upholstery home furniture products, including leather and fabric-based sofas, dining chairs, and bed frames; other home furniture, such as cushion seats, sofa beds, and tables; and lifestyle furniture products under the eritz brand, as well as furniture parts. It is also involved in the property investment business.

Homeritz Corporation Berhad Fundamentals Summary

How do Homeritz Corporation Berhad's earnings and revenue compare to its market cap?
HOMERIZ fundamental statistics
Market CapRM235.81m
Earnings (TTM)RM27.51m
Revenue (TTM)RM184.34m

8.6x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HOMERIZ income statement (TTM)
RevenueRM184.34m
Cost of RevenueRM91.95m
Gross ProfitRM92.39m
Other ExpensesRM64.88m
EarningsRM27.51m

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.065
Gross Margin50.12%
Net Profit Margin14.93%
Debt/Equity Ratio0.0%

How did HOMERIZ perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

9%

Payout Ratio

Valuation

Is Homeritz Corporation Berhad undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


8.57x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: HOMERIZ (MYR0.56) is trading above our estimate of fair value (MYR0.44)

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


Price To Earnings Ratio

PE vs Industry: HOMERIZ is good value based on its PE Ratio (8.6x) compared to the MY Consumer Durables industry average (17.9x).

PE vs Market: HOMERIZ is good value based on its PE Ratio (8.6x) compared to the MY market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: HOMERIZ is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: HOMERIZ's PB Ratio (1.1x) is in line with the MY Consumer Durables industry average.


Future Growth

How is Homeritz Corporation Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HOMERIZ's forecast earnings growth (8.5% per year) is above the savings rate (3.6%).

Earnings vs Market: HOMERIZ's earnings (8.5% per year) are forecast to grow slower than the MY market (10.8% per year).

High Growth Earnings: HOMERIZ's earnings are forecast to grow, but not significantly.

Revenue vs Market: HOMERIZ's revenue (7.2% per year) is forecast to grow faster than the MY market (6.6% per year).

High Growth Revenue: HOMERIZ's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HOMERIZ's Return on Equity is forecast to be low in 3 years time (13.4%).


Past Performance

How has Homeritz Corporation Berhad performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HOMERIZ has high quality earnings.

Growing Profit Margin: HOMERIZ's current net profit margins (14.9%) are higher than last year (12.7%).


Past Earnings Growth Analysis

Earnings Trend: HOMERIZ's earnings have declined by 1.9% per year over the past 5 years.

Accelerating Growth: HOMERIZ's earnings growth over the past year (18.2%) exceeds its 5-year average (-1.9% per year).

Earnings vs Industry: HOMERIZ earnings growth over the past year (18.2%) exceeded the Consumer Durables industry -11.3%.


Return on Equity

High ROE: HOMERIZ's Return on Equity (12.3%) is considered low.


Financial Health

How is Homeritz Corporation 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: HOMERIZ's short term assets (MYR177.3M) exceed its short term liabilities (MYR28.8M).

Long Term Liabilities: HOMERIZ's short term assets (MYR177.3M) exceed its long term liabilities (MYR3.3M).


Debt to Equity History and Analysis

Debt Level: HOMERIZ is debt free.

Reducing Debt: HOMERIZ had no debt 5 years ago.

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

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


Balance Sheet


Dividend

What is Homeritz Corporation 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


2.88%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: HOMERIZ's dividend (2.88%) is higher than the bottom 25% of dividend payers in the MY market (1.85%).

High Dividend: HOMERIZ's dividend (2.88%) is low compared to the top 25% of dividend payers in the MY market (4.62%).


Stability and Growth of Payments

Stable Dividend: HOMERIZ's dividend payments have been volatile in the past 10 years.

Growing Dividend: HOMERIZ's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9%), HOMERIZ's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (40.9%), HOMERIZ's dividend payments are well covered by cash flows.


Next Steps

Management

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

12.5yrs

Average board tenure


CEO

Fen Chua (49 yo)

no data

Tenure

RM4,200

Compensation

Mr. Fen Fatt Chua serves as Managing Director of Homeritz Corporation Berhad and has been its Executive Director since November 2, 2009. He is one of the Founders of HUI in 1997 and since then, he has been...


Board Members

Experienced Board: HOMERIZ's board of directors are seasoned and experienced ( 12.5 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 2.9%.


Top Shareholders

Company Information

Homeritz Corporation Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Homeritz Corporation Berhad
  • Ticker: HOMERIZ
  • Exchange: KLSE
  • Founded: 1997
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Implied Market Cap: RM235.815m
  • Shares outstanding: 424.89m
  • Website: https://www.homeritzcorp.com

Location

  • Homeritz Corporation Berhad
  • Lot 8726
  • PTD 6023
  • Muar
  • Johor
  • 84200
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/13 00:00
Earnings2022/02/28
Annual Earnings2021/08/31


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.