KTC

Kim Teck Cheong Consolidated BerhadKLSE:KTC Stock Report

Market Cap

RM107.2m

7D

-3.0%

1Y

0%

Updated

18 Sep, 2021

Data

Company Financials
KTC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

KTC Overview

Kim Teck Cheong Consolidated Berhad distributes third party and own brands of consumer packaged goods in East Malaysia and Brunei.

Price History & Performance

Summary of all time highs, changes and price drops for Kim Teck Cheong Consolidated Berhad
Historical stock prices
Current Share PriceRM0.16
52 Week HighRM0.13
52 Week LowRM0.20
Beta0.71
1 Month Change3.23%
3 Month Change-15.79%
1 Year Change0%
3 Year Change-8.57%
5 Year Change-46.67%
Change since IPO-50.00%

Recent News & Updates

Aug 24
Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Might Have The Makings Of A Multi-Bagger

Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Might Have The Makings Of A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...

May 12
We Think Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Is Taking Some Risk With Its Debt

We Think Kim Teck Cheong Consolidated Berhad (KLSE:KTC) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Apr 16
Investors Met With Slowing Returns on Capital At Kim Teck Cheong Consolidated Berhad (KLSE:KTC)

Investors Met With Slowing Returns on Capital At Kim Teck Cheong Consolidated Berhad (KLSE:KTC)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...

Mar 20
Read This Before Judging Kim Teck Cheong Consolidated Berhad's (KLSE:KTC) ROE

Read This Before Judging Kim Teck Cheong Consolidated Berhad's (KLSE:KTC) ROE

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

Shareholder Returns

KTCMY Consumer RetailingMY Market
7D-3.0%-0.3%-1.0%
1Y0%6.5%5.9%

Return vs Industry: KTC underperformed the MY Consumer Retailing industry which returned 6.5% over the past year.

Return vs Market: KTC underperformed the MY Market which returned 5.9% over the past year.

Price Volatility

Is KTC's price volatile compared to industry and market?
KTC volatility
KTC Beta0.71
Industry Beta0.43
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1938645Koh Sing Lauhttps://www.kimteckcheong.com

Kim Teck Cheong Consolidated Berhad distributes third party and own brands of consumer packaged goods in East Malaysia and Brunei. It distributes food and beverage, personal care, household, baby care, over-the-counter drugs, and health supplements. The company also manufactures bakery products under the Creamos brand; and manufactures and distributes bread, cakes, and ice-cream under the trademarks of Gardenia.

Kim Teck Cheong Consolidated Berhad Fundamentals Summary

How do Kim Teck Cheong Consolidated Berhad's earnings and revenue compare to its market cap?
KTC fundamental statistics
Market CapRM107.25m
Earnings (TTM)RM4.23m
Revenue (TTM)RM663.72m

25.4x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KTC income statement (TTM)
RevenueRM663.72m
Cost of RevenueRM595.72m
Gross ProfitRM67.99m
ExpensesRM63.76m
EarningsRM4.23m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0065
Gross Margin10.24%
Net Profit Margin0.64%
Debt/Equity Ratio103.4%

How did KTC perform over the long term?

See historical performance and comparison

Valuation

Is Kim Teck Cheong Consolidated Berhad undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KTC (MYR0.16) is trading below our estimate of fair value (MYR8.67)

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


Price To Earnings Ratio

PE vs Industry: KTC is poor value based on its PE Ratio (25.4x) compared to the Asian Consumer Retailing industry average (19.8x).

PE vs Market: KTC is poor value based on its PE Ratio (25.4x) compared to the MY market (16.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KTC is good value based on its PB Ratio (0.9x) compared to the XA Consumer Retailing industry average (1.6x).


Future Growth

How is Kim Teck Cheong Consolidated Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.7%

Forecasted Consumer Retailing 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 Kim Teck Cheong Consolidated 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 Kim Teck Cheong Consolidated Berhad performed over the past 5 years?

33.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KTC has high quality earnings.

Growing Profit Margin: KTC's current net profit margins (0.6%) are lower than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: KTC's earnings have grown significantly by 33.9% per year over the past 5 years.

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

Earnings vs Industry: KTC had negative earnings growth (-49.7%) over the past year, making it difficult to compare to the Consumer Retailing industry average (11.4%).


Return on Equity

High ROE: KTC's Return on Equity (4.5%) is considered low.


Financial Health

How is Kim Teck Cheong Consolidated Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: KTC's short term assets (MYR221.7M) exceed its short term liabilities (MYR169.1M).

Long Term Liabilities: KTC's short term assets (MYR221.7M) exceed its long term liabilities (MYR31.7M).


Debt to Equity History and Analysis

Debt Level: KTC's debt to equity ratio (103.4%) is considered high.

Reducing Debt: KTC's debt to equity ratio has reduced from 120.2% to 103.4% over the past 5 years.

Debt Coverage: KTC's debt is well covered by operating cash flow (57.3%).

Interest Coverage: KTC's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


Dividend

What is Kim Teck Cheong Consolidated Berhad current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KTC's dividend in 3 years as they are not forecast to pay a notable one for the MY market.


Next Steps

Management

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

3.1yrs

Average board tenure


CEO

Koh Sing Lau (76 yo)

6.92yrs

Tenure

RM1,118,000

Compensation

Y. Bhg. Datuk Koh Sing Lau @ Lau Kok Sing has been Managing Director and Non-Independent Director of Kim Teck Cheong Consolidated Berhad since October 17, 2014. Prior to founding KTC Sdn Bhd, Y. Bhg. Datuk...


CEO Compensation Analysis

Compensation vs Market: Koh Sing's total compensation ($USD268.01K) is above average for companies of similar size in the MY market ($USD124.00K).

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


Board Members

Experienced Board: KTC's board of directors are considered experienced (3.1 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

Kim Teck Cheong Consolidated Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Kim Teck Cheong Consolidated Berhad
  • Ticker: KTC
  • Exchange: KLSE
  • Founded: 1938
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: RM107.246m
  • Shares outstanding: 670.29m
  • Website: https://www.kimteckcheong.com

Number of Employees


Location

  • Kim Teck Cheong Consolidated Berhad
  • Lot 73, Jalan Kilang
  • SEDCO Light Industrial Estate
  • Kota Kinabalu
  • Sabah
  • 88450
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 11:01
End of Day Share Price2021/09/17 00:00
Earnings2021/03/31
Annual Earnings2020/06/30


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.