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SYF

SYF Resources Berhad KLSE:SYF Stock Report

Last Price

RM0.30

Market Cap

RM173.5m

7D

1.7%

1Y

-17.6%

Updated

23 May, 2022

Data

Company Financials
SYF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

SYF Stock Overview

SYF Resources Berhad, an investment holding company, manufactures and trades in rubber wood furniture and component parts in Malaysia, the Asia Pacific, other Asian countries, Europe, North America, and internationally.

SYF Resources Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SYF Resources Berhad
Historical stock prices
Current Share PriceRM0.30
52 Week HighRM0.46
52 Week LowRM0.28
Beta0.55
1 Month Change-4.69%
3 Month Change1.67%
1 Year Change-17.57%
3 Year Change56.41%
5 Year Change-46.02%
Change since IPO-86.07%

Recent News & Updates

Oct 05
Statutory Profit Doesn't Reflect How Good SYF Resources Berhad's (KLSE:SYF) Earnings Are

Statutory Profit Doesn't Reflect How Good SYF Resources Berhad's (KLSE:SYF) Earnings Are

Even though SYF Resources Berhad's ( KLSE:SYF ) recent earnings release was robust, the market didn't seem to notice...

Shareholder Returns

SYFMY Consumer DurablesMY Market
7D1.7%0.4%0.1%
1Y-17.6%-5.9%-3.1%

Return vs Industry: SYF underperformed the MY Consumer Durables industry which returned -3.5% over the past year.

Return vs Market: SYF underperformed the MY Market which returned -1.6% over the past year.

Price Volatility

Is SYF's price volatile compared to industry and market?
SYF volatility
SYF Average Weekly Movement4.6%
Consumer Durables Industry Average Movement5.3%
Market Average Movement5.8%
10% most volatile stocks in MY Market11.6%
10% least volatile stocks in MY Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
1995n/aAh Nghttps://www.syf.com.my

SYF Resources Berhad, an investment holding company, manufactures and trades in rubber wood furniture and component parts in Malaysia, the Asia Pacific, other Asian countries, Europe, North America, and internationally. It operates through Rubberwood Furniture, Property Development and Construction, and Other segments. The company produces kiln dried sawn timber, lamination board, and dining furniture, as well as develops industrial factories, residential houses, condominiums, and commercial properties.

SYF Resources Berhad Fundamentals Summary

How do SYF Resources Berhad's earnings and revenue compare to its market cap?
SYF fundamental statistics
Market CapRM173.51m
Earnings (TTM)RM2.32m
Revenue (TTM)RM246.54m

75.1x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SYF income statement (TTM)
RevenueRM246.54m
Cost of RevenueRM223.15m
Gross ProfitRM23.38m
Other ExpensesRM21.07m
EarningsRM2.32m

Last Reported Earnings

Jan 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.0041
Gross Margin9.49%
Net Profit Margin0.94%
Debt/Equity Ratio13.9%

How did SYF perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

0%

Payout Ratio

Valuation

Is SYF Resources 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


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: SYF (MYR0.31) is trading below our estimate of fair value (MYR0.78)

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


Price To Earnings Ratio

PE vs Industry: SYF is poor value based on its PE Ratio (75.1x) compared to the MY Consumer Durables industry average (17.9x).

PE vs Market: SYF is poor value based on its PE Ratio (75.1x) compared to the MY market (15.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SYF is good value based on its PB Ratio (0.9x) compared to the MY Consumer Durables industry average (1.1x).


Future Growth

How is SYF Resources 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 SYF Resources 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 SYF Resources 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


-34.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SYF has high quality earnings.

Growing Profit Margin: SYF became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SYF's earnings have declined by 34.3% per year over the past 5 years.

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

Earnings vs Industry: SYF 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: SYF's Return on Equity (2%) is considered low.


Financial Health

How is SYF Resources 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: SYF's short term assets (MYR232.2M) exceed its short term liabilities (MYR49.9M).

Long Term Liabilities: SYF's short term assets (MYR232.2M) exceed its long term liabilities (MYR28.3M).


Debt to Equity History and Analysis

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

Reducing Debt: SYF's debt to equity ratio has reduced from 33.2% to 13.9% over the past 5 years.

Debt Coverage: SYF's debt is well covered by operating cash flow (144.5%).

Interest Coverage: SYF's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Dividend

What is SYF Resources Berhad current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.10%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SYF's dividend (4.1%) is higher than the bottom 25% of dividend payers in the MY market (1.86%).

High Dividend: SYF's dividend (4.1%) is low compared to the top 25% of dividend payers in the MY market (4.6%).


Stability and Growth of Payments

Stable Dividend: SYF has been paying a dividend for less than 10 years and during this time payments have been volatile.

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


Earnings Payout to Shareholders

Earnings Coverage: Unable to calculate sustainability of dividends as SYF has not reported any payouts.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.9%), SYF's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

9.0yrs

Average management tenure


CEO

Ah Ng (59 yo)

16.67yrs

Tenure

RM1,538,282

Compensation

Dato' Sri Ah Chai Ng serves as Managing Director at Mieco Chipboard Berhad since November 15, 2016 and has been its Director since November 15, 2016. Dato' Sri Ng had been Chief Executive Officer of SYF Re...


CEO Compensation Analysis

Compensation vs Market: Ah's total compensation ($USD350.49K) is above average for companies of similar size in the MY market ($USD119.44K).

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


Leadership Team

Experienced Management: SYF's management team is seasoned and experienced (9 years average tenure).


Board Members

Experienced Board: SYF's board of directors are considered experienced (5.2 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

SYF Resources Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: SYF Resources Berhad
  • Ticker: SYF
  • Exchange: KLSE
  • Founded: 1995
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Implied Market Cap: RM173.506m
  • Shares outstanding: 568.87m
  • Website: https://www.syf.com.my

Number of Employees


Location

  • SYF Resources Berhad
  • Kawasan Perindustrian Sungai Lalang
  • Lot 974, Jalan Vill
  • Semenyih
  • Selangor
  • 43500
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/01/31
Annual Earnings2021/07/31


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.