TCS Group Holdings Berhad (KLSE:TCS) - Share price, News & Analysis

TCS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	5/6
Dividends	0/6

TCS Stock Overview

TCS Group Holdings Berhad, an investment holding company, provides construction services for buildings, infrastructure, civil, and structural works in Malaysia.

Risk Analysis

High level of non-cash earnings

Profit margins (1.2%) are lower than last year (6.7%)

Shareholders have been diluted in the past year

Does not have a meaningful market cap (MYR135M)

TCS Group Holdings Berhad Competitors

MGB Berhad

KLSE:MGB

RM369.8m

GDB Holdings Berhad

KLSE:GDB

RM337.5m

Nestcon Berhad

KLSE:NESTCON

RM321.9m

Gagasan Nadi Cergas Berhad

KLSE:NADIBHD

RM207.1m

Price History & Performance

Summary of all time highs, changes and price drops for TCS Group Holdings Berhad
Historical stock prices
Current Share Price	RM0.34
52 Week High	RM0.58
52 Week Low	RM0.28
Beta	0
1 Month Change	-2.82%
3 Month Change	-6.76%
1 Year Change	-27.37%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-23.33%

Shareholder Returns

	TCS	MY Consumer Durables	MY Market
7D	0%	0.4%	0.1%
1Y	-27.4%	-5.9%	-3.1%

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

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

Price Volatility

Is TCS's price volatile compared to industry and market?
TCS volatility
TCS Average Weekly Movement	6.2%
Consumer Durables Industry Average Movement	5.3%
Market Average Movement	5.8%
10% most volatile stocks in MY Market	11.6%
10% least volatile stocks in MY Market	3.1%

Stable Share Price: TCS is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: TCS's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	n/a	Chai Seng Tee	https://tcsgroup.com.my

TCS Group Holdings Berhad, an investment holding company, provides construction services for buildings, infrastructure, civil, and structural works in Malaysia. Its services cover residential buildings, including terrace houses, bungalows, apartments, and condominiums; commercial buildings, such as shop offices, shopping complexes, and high-rise and purpose-built buildings; and civil works comprising construction of roads, water and sewerage treatment plants, electrical substations, water tanks, and reticulation systems for townships. The company was founded in 1999 and is based in Jenjarom, Malaysia.

TCS Group Holdings Berhad Fundamentals Summary

How do TCS Group Holdings Berhad's earnings and revenue compare to its market cap?
TCS fundamental statistics
Market Cap	RM134.55m
Earnings (TTM)	RM2.49m
Revenue (TTM)	RM204.05m

54.2x

P/E Ratio

0.7x

P/S Ratio

Is TCS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCS income statement (TTM)
Revenue	RM204.05m
Cost of Revenue	RM184.34m
Gross Profit	RM19.70m
Other Expenses	RM17.22m
Earnings	RM2.49m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.0064
Gross Margin	9.66%
Net Profit Margin	1.22%
Debt/Equity Ratio	12.6%

How did TCS perform over the long term?

See historical performance and comparison

Valuation

Is TCS Group Holdings Berhad undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

54.16x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TCS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TCS's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: TCS is poor value based on its PE Ratio (54.2x) compared to the MY Consumer Durables industry average (17.9x).

PE vs Market: TCS is poor value based on its PE Ratio (54.2x) compared to the MY market (15.3x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: TCS is overvalued based on its PB Ratio (1.6x) compared to the MY Consumer Durables industry average (1.1x).

Future Growth

How is TCS Group 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

24.0%

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 TCS Group 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.

Past Performance

How has TCS Group Holdings Berhad performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

10.7%

Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: TCS's current net profit margins (1.2%) are lower than last year (6.7%).

Past Earnings Growth Analysis

Earnings Trend: TCS's earnings have grown by 10.7% per year over the past 5 years.

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

Earnings vs Industry: TCS had negative earnings growth (-84.6%) over the past year, making it difficult to compare to the Consumer Durables industry average (-11.3%).

Return on Equity

High ROE: TCS's Return on Equity (2.9%) is considered low.

Financial Health

How is TCS Group Holdings 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: TCS's short term assets (MYR138.8M) exceed its short term liabilities (MYR77.1M).

Long Term Liabilities: TCS's short term assets (MYR138.8M) exceed its long term liabilities (MYR18.4M).

Debt to Equity History and Analysis

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

Reducing Debt: TCS's debt to equity ratio has reduced from 25.2% to 12.6% over the past 5 years.

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

Interest Coverage: TCS's interest payments on its debt are well covered by EBIT (9.9x coverage).

Balance Sheet

Dividend

What is TCS Group Holdings 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 TCS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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

Earnings Payout to Shareholders

Earnings Coverage: TCS is not paying a notable dividend for the MY market.

Cash Payout to Shareholders

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

Discover strong dividend paying companies

Management

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

0.4yrs

Average management tenure

CEO

Chai Seng Tee (60 yo)

3yrs

Tenure

Mr. Chai Seng Tee serves as the Managing Director at TCS Group Holdings Berhad since May 30, 2019 and also serves as its Director. Mr. Tee is responsible for charting business direction and managing strate...

Leadership Team

Experienced Management: TCS's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.

Board Members

Experienced Board: TCS's board of directors are considered experienced (3 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 been diluted in the past year, with total shares outstanding growing by 8.3%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/23 00:00
End of Day Share Price	2022/05/23 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31