company background image
MILU

Milux Corporation Berhad KLSE:MILUX Stock Report

Last Price

RM1.01

Market Cap

RM237.4m

7D

14.1%

1Y

31.2%

Updated

19 May, 2022

Data

Company Financials
MILUX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

MILUX Stock Overview

Milux Corporation Berhad, an investment holding company, manufactures, sales, trades, and deals in a range of gas cookers, electrical household appliances, and related products in Malaysia and the rest of Asia.

Milux Corporation Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Milux Corporation Berhad
Historical stock prices
Current Share PriceRM1.01
52 Week HighRM1.67
52 Week LowRM0.55
Beta0.40
1 Month Change12.85%
3 Month Change40.28%
1 Year Change31.17%
3 Year Change405.00%
5 Year Change361.71%
Change since IPO103.13%

Recent News & Updates

Mar 09
Returns On Capital Are Showing Encouraging Signs At Milux Corporation Berhad (KLSE:MILUX)

Returns On Capital Are Showing Encouraging Signs At Milux Corporation Berhad (KLSE:MILUX)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...

Shareholder Returns

MILUXMY Consumer DurablesMY Market
7D14.1%0.4%0.5%
1Y31.2%-4.8%-2.4%

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

Return vs Market: MILUX exceeded the MY Market which returned -2.8% over the past year.

Price Volatility

Is MILUX's price volatile compared to industry and market?
MILUX volatility
MILUX Average Weekly Movement14.4%
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: MILUX is more volatile than 90% of MY stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: MILUX's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
1977162Teck Khoohttps://www.milux.com.my

Milux Corporation Berhad, an investment holding company, manufactures, sales, trades, and deals in a range of gas cookers, electrical household appliances, and related products in Malaysia and the rest of Asia. It offers home appliances, which include vacuum cleaners, water heaters, hair dryers, electric irons, and trailing socket, as well as ceiling, table, stand, wall, exhaust and ventilation, and industrial fans. The company also provides big appliances, such as chest freezers and washing machines; gas appliance including cast iron products, gas cookers, gas regulators, gas rice cookers, and standing cookers; kitchenware, such as cooker hobs and hoods; kitchen appliance, which include air fryers, blenders, bread toasters, egg steamers, electric and charcoal grills, food processors, ice cream makers, kettles, multi-cookers, ovens, slow cookers, rice cookers, and stand/power mixers; and thermo pots, induction cookers, coffee makers, food steamers, as well as enamel products.

Milux Corporation Berhad Fundamentals Summary

How do Milux Corporation Berhad's earnings and revenue compare to its market cap?
MILUX fundamental statistics
Market CapRM237.41m
Earnings (TTM)RM5.53m
Revenue (TTM)RM63.08m

42.9x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MILUX income statement (TTM)
RevenueRM63.08m
Cost of RevenueRM44.20m
Gross ProfitRM18.88m
Other ExpensesRM13.35m
EarningsRM5.53m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.024
Gross Margin29.93%
Net Profit Margin8.77%
Debt/Equity Ratio9.4%

How did MILUX perform over the long term?

See historical performance and comparison

Valuation

Is Milux 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


41.5%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MILUX (MYR1.01) is trading below our estimate of fair value (MYR1.73)

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


Price To Earnings Ratio

PE vs Industry: MILUX is poor value based on its PE Ratio (42.9x) compared to the MY Consumer Durables industry average (18.3x).

PE vs Market: MILUX is poor value based on its PE Ratio (42.9x) compared to the MY market (15.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MILUX is overvalued based on its PB Ratio (5.6x) compared to the MY Consumer Durables industry average (1.1x).


Future Growth

How is Milux Corporation 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 Milux Corporation 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 Milux Corporation Berhad performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MILUX has a large one-off gain of MYR3.6M impacting its December 31 2021 financial results.

Growing Profit Margin: MILUX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MILUX has become profitable over the past 5 years, growing earnings by 11.7% per year.

Accelerating Growth: MILUX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MILUX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-11.3%).


Return on Equity

High ROE: MILUX's Return on Equity (13%) is considered low.


Financial Health

How is Milux 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: MILUX's short term assets (MYR56.1M) exceed its short term liabilities (MYR18.5M).

Long Term Liabilities: MILUX's short term assets (MYR56.1M) exceed its long term liabilities (MYR1.5M).


Debt to Equity History and Analysis

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

Reducing Debt: MILUX's debt to equity ratio has reduced from 9.9% to 9.4% over the past 5 years.

Debt Coverage: MILUX's debt is well covered by operating cash flow (161.9%).

Interest Coverage: MILUX's interest payments on its debt are well covered by EBIT (7.7x coverage).


Balance Sheet


Dividend

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

9.6yrs

Average management tenure


CEO

Teck Khoo (46 yo)

2.83yrs

Tenure

RM505,615

Compensation

Datuk Teck Kee Khoo has been Group Managing Director and Director of Milux Corporation Berhad since July 5, 2019. He has been Partner and Director of VAMC Group since 2002 and was Senior Auditor of KPMG PL...


CEO Compensation Analysis

Compensation vs Market: Teck's total compensation ($USD115.13K) is about average for companies of similar size in the MY market ($USD118.89K).

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


Leadership Team

Experienced Management: MILUX's management team is seasoned and experienced (9.6 years average tenure).


Board Members

Experienced Board: MILUX's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Milux Corporation Berhad
  • Ticker: MILUX
  • Exchange: KLSE
  • Founded: 1977
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Implied Market Cap: RM237.407m
  • Shares outstanding: 235.06m
  • Website: https://www.milux.com.my

Number of Employees


Location

  • Milux Corporation Berhad
  • No. 31, Lorong Jala 14/KS10
  • Off Jalan Telok Gong
  • Port Klang
  • Selangor
  • 42000
  • 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 Earnings2021/12/31


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.