MAGNI Stock Overview
Magni-Tech Industries Berhad, an investment holding company, manufactures and sells garments.
Magni-Tech Industries Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM1.91|
|52 Week High||RM2.45|
|52 Week Low||RM1.85|
|1 Month Change||-1.55%|
|3 Month Change||-4.50%|
|1 Year Change||-16.23%|
|3 Year Change||13.19%|
|5 Year Change||-8.39%|
|Change since IPO||302.11%|
Recent News & Updates
|MAGNI||MY Luxury||MY Market|
Return vs Industry: MAGNI exceeded the MY Luxury industry which returned -30.7% over the past year.
Return vs Market: MAGNI underperformed the MY Market which returned -3.5% over the past year.
|MAGNI Average Weekly Movement||2.4%|
|Luxury Industry Average Movement||10.5%|
|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: MAGNI is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: MAGNI's weekly volatility (2%) has been stable over the past year.
About the Company
Magni-Tech Industries Berhad, an investment holding company, manufactures and sells garments. The company also manufactures and distributes flexible plastic, corrugated cartons, packaging products. Its packaging products are used by the manufacturing sectors, such as the food, beverage, healthcare, rubber based, consumer household, and electronic sub-sectors.
Magni-Tech Industries Berhad Fundamentals Summary
|MAGNI fundamental statistics|
Is MAGNI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAGNI income statement (TTM)|
|Cost of Revenue||RM867.65m|
Last Reported Earnings
Jan 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.22|
|Net Profit Margin||9.28%|
How did MAGNI perform over the long term?See historical performance and comparison
4.2%Current Dividend Yield
Is Magni-Tech Industries Berhad undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MAGNI (MYR1.91) is trading above our estimate of fair value (MYR1.88)
Significantly Below Fair Value: MAGNI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MAGNI is good value based on its PE Ratio (8.7x) compared to the MY Luxury industry average (11.1x).
PE vs Market: MAGNI is good value based on its PE Ratio (8.7x) compared to the MY market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: MAGNI is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: MAGNI is overvalued based on its PB Ratio (1.1x) compared to the MY Luxury industry average (0.9x).
How is Magni-Tech Industries Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAGNI's forecast earnings growth (18.4% per year) is above the savings rate (3.6%).
Earnings vs Market: MAGNI's earnings (18.4% per year) are forecast to grow faster than the MY market (10.9% per year).
High Growth Earnings: MAGNI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MAGNI's revenue (14% per year) is forecast to grow faster than the MY market (6.6% per year).
High Growth Revenue: MAGNI's revenue (14% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAGNI's Return on Equity is forecast to be low in 3 years time (15.7%).
How has Magni-Tech Industries Berhad performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAGNI has high quality earnings.
Growing Profit Margin: MAGNI's current net profit margins (9.3%) are lower than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: MAGNI's earnings have grown by 2.4% per year over the past 5 years.
Accelerating Growth: MAGNI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAGNI had negative earnings growth (-23.9%) over the past year, making it difficult to compare to the Luxury industry average (8.2%).
Return on Equity
High ROE: MAGNI's Return on Equity (12.9%) is considered low.
How is Magni-Tech Industries Berhad's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MAGNI's short term assets (MYR721.4M) exceed its short term liabilities (MYR54.2M).
Long Term Liabilities: MAGNI's short term assets (MYR721.4M) exceed its long term liabilities (MYR5.6M).
Debt to Equity History and Analysis
Debt Level: MAGNI is debt free.
Reducing Debt: MAGNI has not had any debt for past 5 years.
Debt Coverage: MAGNI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MAGNI has no debt, therefore coverage of interest payments is not a concern.
What is Magni-Tech Industries Berhad current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAGNI's dividend (4.19%) is higher than the bottom 25% of dividend payers in the MY market (1.85%).
High Dividend: MAGNI's dividend (4.19%) is low compared to the top 25% of dividend payers in the MY market (4.6%).
Stability and Growth of Payments
Stable Dividend: MAGNI's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAGNI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), MAGNI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (135.4%), MAGNI's dividend payments are not well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Poay Tan (55 yo)
Mr. Poay Seng Tan has been the Managing Director of Magni-Tech Industries Berhad since 2000. Mr. Tan served as the Managing Director of South Island Garment Sdn Bhd, an export orientated garment manufactur...
CEO Compensation Analysis
Compensation vs Market: Poay's total compensation ($USD1.32M) is above average for companies of similar size in the MY market ($USD159.07K).
Compensation vs Earnings: Poay's compensation has been consistent with company performance over the past year.
Experienced Management: MAGNI's management team is seasoned and experienced (10.3 years average tenure).
Experienced Board: MAGNI's board of directors are seasoned and experienced ( 17.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Magni-Tech Industries Berhad's employee growth, exchange listings and data sources
- Name: Magni-Tech Industries Berhad
- Ticker: MAGNI
- Exchange: KLSE
- Founded: 1997
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Implied Market Cap: RM827.891m
- Shares outstanding: 433.45m
- Website: https://www.magni-tech.com.my
- Magni-Tech Industries Berhad
- Penas Tower
- Level 18
- Pulau Pinang
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 00:00|
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.