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LEES

Lee Swee Kiat Group Berhad KLSE:LEESK Stock Report

Last Price

RM0.73

Market Cap

RM118.9m

7D

8.9%

1Y

-16.0%

Updated

26 May, 2022

Data

Company Financials +
LEESK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth6/6
Past Performance4/6
Financial Health5/6
Dividends2/6

LEESK Stock Overview

Lee Swee Kiat Group Berhad, an investment holding company, engages in manufacturing, trading in, and distributing mattresses and bedding accessories primarily in Malaysia.

Lee Swee Kiat Group Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Lee Swee Kiat Group Berhad
Historical stock prices
Current Share PriceRM0.73
52 Week HighRM1.03
52 Week LowRM0.67
Beta0.79
1 Month Change-4.55%
3 Month Change-9.82%
1 Year Change-16.00%
3 Year Change-16.48%
5 Year Change137.10%
Change since IPO58.07%

Recent News & Updates

May 24
Does Lee Swee Kiat Group Berhad (KLSE:LEESK) Have A Healthy Balance Sheet?

Does Lee Swee Kiat Group Berhad (KLSE:LEESK) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

LEESKMY Consumer DurablesMY Market
7D8.9%-0.4%-1.3%
1Y-16.0%-6.3%-4.1%

Return vs Industry: LEESK underperformed the MY Consumer Durables industry which returned -6.3% over the past year.

Return vs Market: LEESK underperformed the MY Market which returned -4.1% over the past year.

Price Volatility

Is LEESK's price volatile compared to industry and market?
LEESK volatility
LEESK Average Weekly Movement8.6%
Consumer Durables Industry Average Movement5.1%
Market Average Movement5.8%
10% most volatile stocks in MY Market11.7%
10% least volatile stocks in MY Market3.0%

Stable Share Price: LEESK is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: LEESK's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
1975342Eric Leehttps://www.lsk.com.my

Lee Swee Kiat Group Berhad, an investment holding company, engages in manufacturing, trading in, and distributing mattresses and bedding accessories primarily in Malaysia. It also offers laminated foam, polyurethane foam, natural latex foam, sofas, and household furniture and related products. The company offers its products under the Napure, Englander, Tempur, Stressless, GOLS Latex, VISCOPEDIC, italhouse, COZYMAX, SULOOPO, Hevea Latex, Meta, and LAMiFOAM brands.

Lee Swee Kiat Group Berhad Fundamentals Summary

How do Lee Swee Kiat Group Berhad's earnings and revenue compare to its market cap?
LEESK fundamental statistics
Market CapRM118.89m
Earnings (TTM)RM8.20m
Revenue (TTM)RM108.93m

14.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LEESK income statement (TTM)
RevenueRM108.93m
Cost of RevenueRM70.05m
Gross ProfitRM38.89m
Other ExpensesRM30.69m
EarningsRM8.20m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.051
Gross Margin35.70%
Net Profit Margin7.52%
Debt/Equity Ratio21.9%

How did LEESK perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

49%

Payout Ratio

Valuation

Is Lee Swee Kiat Group Berhad undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: LEESK (MYR0.74) is trading below our estimate of fair value (MYR3.94)

Significantly Below Fair Value: LEESK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LEESK is good value based on its Price-To-Earnings Ratio (14.5x) compared to the MY Consumer Durables industry average (17.9x).

PE vs Market: LEESK is good value based on its Price-To-Earnings Ratio (14.5x) compared to the MY market (15x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LEESK is overvalued based on its Price-To-Book Ratio (1.9x) compared to the MY Consumer Durables industry average (1x).


Future Growth

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

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


41.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LEESK's forecast earnings growth (41% per year) is above the savings rate (3.6%).

Earnings vs Market: LEESK's earnings (41% per year) are forecast to grow faster than the MY market (10.3% per year).

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

Revenue vs Market: LEESK's revenue (21.5% per year) is forecast to grow faster than the MY market (6.4% per year).

High Growth Revenue: LEESK's revenue (21.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LEESK's Return on Equity is forecast to be high in 3 years time (25.8%)


Past Performance

How has Lee Swee Kiat Group 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


4.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LEESK has high quality earnings.

Growing Profit Margin: LEESK's current net profit margins (7.5%) are lower than last year (7.7%).


Past Earnings Growth Analysis

Earnings Trend: LEESK's earnings have grown by 4.4% per year over the past 5 years.

Accelerating Growth: LEESK's earnings growth over the past year (6.1%) exceeds its 5-year average (4.4% per year).

Earnings vs Industry: LEESK earnings growth over the past year (6.1%) exceeded the Consumer Durables industry -11.3%.


Return on Equity

High ROE: LEESK's Return on Equity (13.2%) is considered low.


Financial Health

How is Lee Swee Kiat Group Berhad's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LEESK's short term assets (MYR52.2M) exceed its short term liabilities (MYR30.9M).

Long Term Liabilities: LEESK's short term assets (MYR52.2M) exceed its long term liabilities (MYR10.1M).


Debt to Equity History and Analysis

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

Reducing Debt: LEESK's debt to equity ratio has reduced from 26.5% to 21.9% over the past 5 years.

Debt Coverage: LEESK's debt is not well covered by operating cash flow (17.5%).

Interest Coverage: LEESK's interest payments on its debt are well covered by EBIT (37.7x coverage).


Balance Sheet


Dividend

What is Lee Swee Kiat Group 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


3.40%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LEESK's dividend (3.4%) is higher than the bottom 25% of dividend payers in the MY market (1.9%).

High Dividend: LEESK's dividend (3.4%) is low compared to the top 25% of dividend payers in the MY market (4.66%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, LEESK has been paying a dividend for less than 10 years.

Growing Dividend: LEESK's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (49.3%), LEESK's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (1107.9%), LEESK's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

12.3yrs

Average management tenure


CEO

Eric Lee (46 yo)

25.33yrs

Tenure

RM24,000

Compensation

Dato’ Kong Sim Lee, also known as Eric, CA (M) FCCA ATII, has been Chief Financial Officer of Lee Swee Kiat Group Bhd., since 1997 and its Managing Director since August 25, 2011. Dato’ Lee joined Lee Swee...


Leadership Team

Experienced Management: LEESK's management team is seasoned and experienced (12.3 years average tenure).


Board Members

Experienced Board: LEESK's board of directors are seasoned and experienced ( 11 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

Lee Swee Kiat Group Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Lee Swee Kiat Group Berhad
  • Ticker: LEESK
  • Exchange: KLSE
  • Founded: 1975
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Implied Market Cap: RM118.890m
  • Shares outstanding: 161.76m
  • Website: https://www.lsk.com.my

Number of Employees


Location

  • Lee Swee Kiat Group Berhad
  • Wisma LSK
  • Lot 6122, Jalan Haji Abdul Manan
  • Klang
  • Selangor
  • 41050
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/26 00:00
End of Day Share Price2022/05/26 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.