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LATI

Latitude Tree Holdings Berhad KLSE:LATITUD Stock Report

Last Price

RM1.47

Market Cap

RM285.6m

7D

-1.3%

1Y

-20.1%

Updated

19 May, 2022

Data

Company Financials
LATITUD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends4/6

LATITUD Stock Overview

Latitude Tree Holdings Berhad, an investment holding company, manufactures and sells wooden household furniture and components in Malaysia, Vietnam, and Thailand.

Latitude Tree Holdings Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Latitude Tree Holdings Berhad
Historical stock prices
Current Share PriceRM1.47
52 Week HighRM1.94
52 Week LowRM1.46
Beta0.82
1 Month Change-1.34%
3 Month Change-9.26%
1 Year Change-20.11%
3 Year Change-23.64%
5 Year Change-46.15%
Change since IPO-1.69%

Recent News & Updates

Shareholder Returns

LATITUDMY Consumer DurablesMY Market
7D-1.3%0.4%0.5%
1Y-20.1%-4.8%-2.4%

Return vs Industry: LATITUD underperformed the MY Consumer Durables industry which returned -5.6% over the past year.

Return vs Market: LATITUD underperformed the MY Market which returned -2.8% over the past year.

Price Volatility

Is LATITUD's price volatile compared to industry and market?
LATITUD volatility
LATITUD Average Weekly Movement3.5%
Consumer Durables Industry Average Movement5.5%
Market Average Movement5.9%
10% most volatile stocks in MY Market11.7%
10% least volatile stocks in MY Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
19886,024Chin-Hung Linhttps://www.lattree.com

Latitude Tree Holdings Berhad, an investment holding company, manufactures and sells wooden household furniture and components in Malaysia, Vietnam, and Thailand. The company provides bedroom collection sets, including beds, nightstands, chests, armoires, and wardrobes; dining room collection sets comprising tables, chairs, buffets, hutches, curios, sideboards, and servers; and living room collection sets, such as sofas, sofa tables, occasional tables, coffee tables, and cabinets, as well as small and home office sets. It is also involved in the manufacture and sale of polyester boards, and decorative wood panels and papers; and general trading activities.

Latitude Tree Holdings Berhad Fundamentals Summary

How do Latitude Tree Holdings Berhad's earnings and revenue compare to its market cap?
LATITUD fundamental statistics
Market CapRM285.64m
Earnings (TTM)RM21.36m
Revenue (TTM)RM754.03m

13.4x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LATITUD income statement (TTM)
RevenueRM754.03m
Cost of RevenueRM663.02m
Gross ProfitRM91.02m
Other ExpensesRM69.66m
EarningsRM21.36m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin12.07%
Net Profit Margin2.83%
Debt/Equity Ratio16.1%

How did LATITUD perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

37%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


13.37x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: LATITUD (MYR1.47) is trading above our estimate of fair value (MYR0.46)

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


Price To Earnings Ratio

PE vs Industry: LATITUD is good value based on its PE Ratio (13.4x) compared to the MY Consumer Durables industry average (18.3x).

PE vs Market: LATITUD is good value based on its PE Ratio (13.4x) compared to the MY market (15.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LATITUD is good value based on its PB Ratio (0.5x) compared to the MY Consumer Durables industry average (1.1x).


Future Growth

How is Latitude Tree 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


24.0%

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 Latitude Tree 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 Latitude Tree 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


-16.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LATITUD has a large one-off gain of MYR8.5M impacting its December 31 2021 financial results.

Growing Profit Margin: LATITUD's current net profit margins (2.8%) are lower than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: LATITUD's earnings have declined by 16% per year over the past 5 years.

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

Earnings vs Industry: LATITUD had negative earnings growth (-50%) over the past year, making it difficult to compare to the Consumer Durables industry average (-11.3%).


Return on Equity

High ROE: LATITUD's Return on Equity (3.5%) is considered low.


Financial Health

How is Latitude Tree 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: LATITUD's short term assets (MYR501.1M) exceed its short term liabilities (MYR194.2M).

Long Term Liabilities: LATITUD's short term assets (MYR501.1M) exceed its long term liabilities (MYR28.8M).


Debt to Equity History and Analysis

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

Reducing Debt: LATITUD's debt to equity ratio has reduced from 17.4% to 16.1% over the past 5 years.

Debt Coverage: LATITUD's debt is well covered by operating cash flow (34%).

Interest Coverage: LATITUD's interest payments on its debt are well covered by EBIT (100.5x coverage).


Balance Sheet


Dividend

What is Latitude Tree Holdings Berhad current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.72%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LATITUD's dividend (2.72%) is higher than the bottom 25% of dividend payers in the MY market (1.85%).

High Dividend: LATITUD's dividend (2.72%) is low compared to the top 25% of dividend payers in the MY market (4.61%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.5%), LATITUD's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (43.4%), LATITUD's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

15.0yrs

Average board tenure


CEO

Chin-Hung Lin (41 yo)

10.33yrs

Tenure

Mr. Chin-Hung Lin has been Managing Director of Latitude Tree Holdings Bhd since January 18, 2012. Mr. Lin serves as an Assistant to Head of Operations of RK Resources in the procurement and purchases of a...


Board Members

Experienced Board: LATITUD's board of directors are seasoned and experienced ( 15 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

Latitude Tree Holdings Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Latitude Tree Holdings Berhad
  • Ticker: LATITUD
  • Exchange: KLSE
  • Founded: 1988
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Implied Market Cap: RM285.636m
  • Shares outstanding: 194.31m
  • Website: https://www.lattree.com

Number of Employees


Location

  • Latitude Tree Holdings Berhad
  • Lot 3356
  • Batu 7¾
  • Kapar
  • Selangor
  • 42200
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/12/31
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.