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PANA

Panasonic Manufacturing Malaysia Berhad KLSE:PANAMY Stock Report

Last Price

RM28.00

Market Cap

RM1.7b

7D

-1.1%

1Y

-10.3%

Updated

15 May, 2022

Data

Company Financials +
PANAMY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends3/6

PANAMY Stock Overview

Panasonic Manufacturing Malaysia Berhad manufactures and sells electrical home appliances and related components under the Panasonic brand name in Malaysia, Japan, rest of Asia, Europe, the Middle East, and internationally.

Panasonic Manufacturing Malaysia Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Panasonic Manufacturing Malaysia Berhad
Historical stock prices
Current Share PriceRM28.00
52 Week HighRM33.40
52 Week LowRM27.30
Beta0.41
1 Month Change-2.44%
3 Month Change-2.03%
1 Year Change-10.26%
3 Year Change-26.32%
5 Year Change-23.58%
Change since IPO157.51%

Recent News & Updates

Shareholder Returns

PANAMYMY Consumer DurablesMY Market
7D-1.1%-1.0%-1.6%
1Y-10.3%-6.8%-4.2%

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

Return vs Market: PANAMY underperformed the MY Market which returned -4.2% over the past year.

Price Volatility

Is PANAMY's price volatile compared to industry and market?
PANAMY volatility
PANAMY Average Weekly Movement1.4%
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: PANAMY is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: PANAMY's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19651,956Kenji Kamadahttps://pmma.panasonic.com.my

Panasonic Manufacturing Malaysia Berhad manufactures and sells electrical home appliances and related components under the Panasonic brand name in Malaysia, Japan, rest of Asia, Europe, the Middle East, and internationally. The company operates in Home Appliances and Fan Products segments. It offers electric, ceiling, and ventilating fans; and home appliances, such as home showers, vacuum cleaners, rice and slow cookers, blenders, juicers, food processors and grinders, electric irons, dish dryers, and bidets.

Panasonic Manufacturing Malaysia Berhad Fundamentals Summary

How do Panasonic Manufacturing Malaysia Berhad's earnings and revenue compare to its market cap?
PANAMY fundamental statistics
Market CapRM1.70b
Earnings (TTM)RM81.30m
Revenue (TTM)RM925.57m

20.9x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PANAMY income statement (TTM)
RevenueRM925.57m
Cost of RevenueRM782.81m
Gross ProfitRM142.76m
Other ExpensesRM61.46m
EarningsRM81.30m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.34
Gross Margin15.42%
Net Profit Margin8.78%
Debt/Equity Ratio0%

How did PANAMY perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

122%

Payout Ratio

Valuation

Is Panasonic Manufacturing Malaysia 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


45.3%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PANAMY (MYR28) is trading below our estimate of fair value (MYR51.23)

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


Price To Earnings Ratio

PE vs Industry: PANAMY is poor value based on its PE Ratio (20.9x) compared to the MY Consumer Durables industry average (17.9x).

PE vs Market: PANAMY is poor value based on its PE Ratio (20.9x) compared to the MY market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: PANAMY is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: PANAMY is overvalued based on its PB Ratio (2.2x) compared to the MY Consumer Durables industry average (1.1x).


Future Growth

How is Panasonic Manufacturing Malaysia Berhad forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


25.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PANAMY's forecast earnings growth (25.1% per year) is above the savings rate (3.6%).

Earnings vs Market: PANAMY's earnings (25.1% per year) are forecast to grow faster than the MY market (10.8% per year).

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

Revenue vs Market: PANAMY's revenue (8.7% per year) is forecast to grow faster than the MY market (6.6% per year).

High Growth Revenue: PANAMY's revenue (8.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PANAMY's Return on Equity is forecast to be low in 3 years time (15.8%).


Past Performance

How has Panasonic Manufacturing Malaysia 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


-5.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PANAMY has a high level of non-cash earnings.

Growing Profit Margin: PANAMY's current net profit margins (8.8%) are lower than last year (11.1%).


Past Earnings Growth Analysis

Earnings Trend: PANAMY's earnings have declined by 5.8% per year over the past 5 years.

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

Earnings vs Industry: PANAMY had negative earnings growth (-19.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (-11.3%).


Return on Equity

High ROE: PANAMY's Return on Equity (10.7%) is considered low.


Financial Health

How is Panasonic Manufacturing Malaysia 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: PANAMY's short term assets (MYR618.5M) exceed its short term liabilities (MYR132.6M).

Long Term Liabilities: PANAMY's short term assets (MYR618.5M) exceed its long term liabilities (MYR657.0K).


Debt to Equity History and Analysis

Debt Level: PANAMY is debt free.

Reducing Debt: PANAMY has not had any debt for past 5 years.

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

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


Balance Sheet


Dividend

What is Panasonic Manufacturing Malaysia 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


5.82%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PANAMY's dividend (5.82%) is higher than the bottom 25% of dividend payers in the MY market (1.85%).

High Dividend: PANAMY's dividend (5.82%) is in the top 25% of dividend payers in the MY market (4.62%)


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (121.8%), PANAMY's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (2239.2%), PANAMY's dividend payments are not well covered by cash flows.


Next Steps

Management

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

4.2yrs

Average management tenure


CEO

Kenji Kamada (55 yo)

1.08yrs

Tenure

Mr. Kenji Kamada has been Managing Director & Executive Director at Panasonic Manufacturing Malaysia Berhad since April 1, 2021. He joined Matsushita Electric Works Company, Ltd (now known as Panasonic Ele...


Leadership Team

Experienced Management: PANAMY's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: PANAMY's board of directors are not considered experienced ( 2.7 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

Panasonic Manufacturing Malaysia Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Panasonic Manufacturing Malaysia Berhad
  • Ticker: PANAMY
  • Exchange: KLSE
  • Founded: 1965
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Implied Market Cap: RM1.701b
  • Shares outstanding: 60.75m
  • Website: https://pmma.panasonic.com.my

Number of Employees


Location

  • Panasonic Manufacturing Malaysia Berhad
  • No. 3, Jalan Sesiku 15/2
  • Section 15
  • Shah Alam
  • Selangor
  • 40200
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


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.