Pensonic Holdings Berhad (KLSE:PENSONI) - Share price, News & Analysis

PENSONI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

PENSONI Stock Overview

Rewards

Price-To-Earnings ratio (6.2x) is below the MY market (14.1x)

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 3.77% is not well covered by earnings

Does not have a meaningful market cap (MYR67M)

Pensonic Holdings Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pensonic Holdings Berhad
Historical stock prices
Current Share Price	RM0.53
52 Week High	RM0.82
52 Week Low	RM0.51
Beta	0.89
1 Month Change	-2.75%
3 Month Change	-11.67%
1 Year Change	-22.63%
3 Year Change	34.18%
5 Year Change	-16.54%
Change since IPO	-56.56%

Recent News & Updates

Mar 15

Is Pensonic Holdings Berhad (KLSE:PENSONI) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Nov 29

Here's Why Pensonic Holdings Berhad (KLSE:PENSONI) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

	PENSONI	MY Consumer Durables	MY Market
7D	-1.9%	-2.1%	-2.7%
1Y	-22.6%	-12.4%	-9.2%

Return vs Industry: PENSONI underperformed the MY Consumer Durables industry which returned -12.4% over the past year.

Return vs Market: PENSONI underperformed the MY Market which returned -9.2% over the past year.

Price Volatility

Is PENSONI's price volatile compared to industry and market?
PENSONI volatility
PENSONI Average Weekly Movement	5.4%
Consumer Durables Industry Average Movement	5.0%
Market Average Movement	5.5%
10% most volatile stocks in MY Market	11.3%
10% least volatile stocks in MY Market	2.9%

Stable Share Price: PENSONI is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PENSONI's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1965	n/a	Dixon Chew	https://www.pensonic.com

Pensonic Holdings Berhad, an investment holding company, manufactures, assembles, imports, exports, distributes, and markets electrical home appliances in Malaysia, other Asian countries, the Middle East, and internationally. It operates through three segments: Manufacturing, Trading, and Others. The company offers kitchen appliances, including blenders, built-in hobs, gas/rice cookers, water filters, multi cookers, stands/mixers, gas cookers, juice extractors, ovens, jug kettles, coffee makers, toasters, induction cookers, commercial stoves, kettles, portable gas cookers, steamboats, thermo flasks, slow cookers, steamers, water dispensers, sandwich toasters, and food processors.

Pensonic Holdings Berhad Fundamentals Summary

How do Pensonic Holdings Berhad's earnings and revenue compare to its market cap?
PENSONI fundamental statistics
Market Cap	RM66.70m
Earnings (TTM)	RM10.75m
Revenue (TTM)	RM334.82m

6.2x

P/E Ratio

0.2x

P/S Ratio

Is PENSONI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PENSONI income statement (TTM)
Revenue	RM334.82m
Cost of Revenue	RM271.71m
Gross Profit	RM63.11m
Other Expenses	RM52.36m
Earnings	RM10.75m

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.085
Gross Margin	18.85%
Net Profit Margin	3.21%
Debt/Equity Ratio	80.2%

How did PENSONI perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

23%

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

Is PENSONI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PENSONI?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for PENSONI. This is calculated by dividing PENSONI's market cap by their current preferred multiple.
What is PENSONI's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	RM66.70m

PENSONI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.5x
Enterprise Value/EBITDA	8.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does PENSONI's PE Ratio compare to its peers?

PENSONI PE Ratio vs Peers

The above table shows the PE ratio for PENSONI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	25.1x

Forward PE

Price-To-Earnings vs Peers: PENSONI is good value based on its Price-To-Earnings Ratio (6.2x) compared to the peer average (25.1x).

Price to Earnings Ratio vs Industry

How does PENSONI's PE Ratio compare vs other companies in the Malaysian Consumer Durables Industry?

Price-To-Earnings vs Industry: PENSONI is good value based on its Price-To-Earnings Ratio (6.2x) compared to the MY Consumer Durables industry average (14.2x)

Price to Earnings Ratio vs Fair Ratio

What is PENSONI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PENSONI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PENSONI's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of PENSONI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PENSONI (MYR0.53) is trading above our estimate of fair value (MYR0.28)

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

Price to Earnings Growth Ratio

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

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Future Growth

How is Pensonic 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

24.1%

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 Pensonic 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.

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Examine Pensonic Holdings Berhad's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Pensonic Holdings 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

31.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PENSONI has high quality earnings.

Growing Profit Margin: PENSONI's current net profit margins (3.2%) are lower than last year (3.5%).

Past Earnings Growth Analysis

Earnings Trend: PENSONI's earnings have grown significantly by 31.4% per year over the past 5 years.

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

Earnings vs Industry: PENSONI had negative earnings growth (-1%) over the past year, making it difficult to compare to the Consumer Durables industry average (-20.6%).

Return on Equity

High ROE: PENSONI's Return on Equity (7.6%) is considered low.

Discover strong past performing companies

Financial Health

How is Pensonic Holdings Berhad's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: PENSONI's short term assets (MYR166.3M) exceed its short term liabilities (MYR119.5M).

Long Term Liabilities: PENSONI's short term assets (MYR166.3M) exceed its long term liabilities (MYR30.9M).

Debt to Equity History and Analysis

Debt Level: PENSONI's net debt to equity ratio (62.8%) is considered high.

Reducing Debt: PENSONI's debt to equity ratio has reduced from 82.9% to 80.2% over the past 5 years.

Debt Coverage: PENSONI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PENSONI's interest payments on its debt are well covered by EBIT (4.1x coverage).

Balance Sheet

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Dividend

What is Pensonic 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

3.77%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PENSONI's dividend (3.77%) is higher than the bottom 25% of dividend payers in the MY market (2.14%).

High Dividend: PENSONI's dividend (3.77%) is low compared to the top 25% of dividend payers in the MY market (4.98%).

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.4%), PENSONI's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: PENSONI is paying a dividend but the company has no free cash flows.

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Management

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

8.8yrs

Average board tenure

CEO

Dixon Chew (52 yo)

no data

Tenure

RM30,000

Compensation

Mr. Chew Chuon Jin, also known as Dixon, serves as the Chief Executive Officer of the Pensonic Holdings Berhad and served as its Managing Director. Mr. Chew is responsible for the product development, bran...

CEO Compensation Analysis

Compensation vs Market: Dixon's total compensation ($USD6.81K) is below average for companies of similar size in the MY market ($USD113.67K).

Compensation vs Earnings: Dixon's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

Board Members

Experienced Board: PENSONI's board of directors are considered experienced (8.8 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.

Data	Last Updated (UTC time)
Company Analysis	2022/06/24 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/02/28
Annual Earnings	2021/05/31