KLSE:GENTING

Stock Analysis Report

Executive Summary

Genting Berhad, an investment holding company, engages in leisure and hospitality, oil palm plantations, power generation, oil and gas, property development, life sciences, and biotechnology businesses in Malaysia and internationally.

Snowflake

Fundamentals

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Genting Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.6%

GENTING

1.9%

MY Hospitality

1.7%

MY Market


1 Year Return

-23.4%

GENTING

-18.7%

MY Hospitality

-5.9%

MY Market


Shareholder returns

GENTINGIndustryMarket
7 Day1.6%1.9%1.7%
30 Day-1.7%-2.2%-0.5%
90 Day-14.0%-8.7%-4.2%
1 Year-21.9%-23.4%-15.6%-18.7%-2.6%-5.9%
3 Year-22.7%-27.6%-20.7%-27.8%2.9%-9.1%
5 Year-33.8%-38.5%-26.0%-35.7%1.6%-16.0%

Price Volatility Vs. Market

How volatile is Genting Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Genting Berhad undervalued compared to its fair value and its price relative to the market?

34.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: GENTING (MYR5.7) is trading below our estimate of fair value (MYR8.67)

Significantly Undervalued: GENTING is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: GENTING is good value based on its PE Ratio (14.2x) compared to the Hospitality industry average (21.6x).

PE vs Market: GENTING is poor value based on its PE Ratio (14.2x) compared to the MY market (14.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: GENTING is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: GENTING is overvalued based on its PB Ratio (0.6x) compared to the MY Hospitality industry average (0.6x).


Next Steps

Future Growth

How is Genting Berhad forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

5.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GENTING's forecast earnings growth (5.8% per year) is above the savings rate (2.7%).

Earnings vs Market: GENTING's earnings (5.8% per year) are forecast to grow slower than the MY market (10.5% per year).

High Growth Earnings: GENTING's earnings are forecast to grow, but not significantly.

Revenue vs Market: GENTING's revenue (5.9% per year) is forecast to grow faster than the MY market (5.8% per year).

High Growth Revenue: GENTING's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Genting Berhad performed over the past 5 years?

-0.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GENTING's earnings have declined by -0.5% per year over the past 5 years.

Accelerating Growth: GENTING's earnings growth over the past year (17.8%) exceeds its 5-year average (-0.5% per year).

Earnings vs Industry: GENTING earnings growth over the past year (17.8%) exceeded the Hospitality industry -22.9%.


Return on Equity

High ROE: GENTING's Return on Equity (4.3%) is considered low.


Return on Assets

ROA vs Industry: GENTING's Return on Assets is below or equal to the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: GENTING has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Genting Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: GENTING's short term assets (MYR38.0B) exceeds its short term liabilities (MYR9.9B)

Long Term Liabilities: GENTING's short term assets (38.0B) exceeds its long term liabilities (33.3B)


Debt to Equity History and Analysis

Debt Level: GENTING's debt to equity ratio (56.2%) is considered high

Reducing Debt: GENTING's debt to equity ratio has increased from 25.2% to 56.2% over the past 5 years.

Debt Coverage: GENTING's debt is well covered by operating cash flow (21.9%).

Interest Coverage: GENTING's interest payments on its debt are well covered by EBIT (181.7x coverage).


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

What is Genting Berhad's current dividend yield, its reliability and sustainability?

3.42%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Genting Berhad before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company3.4%marketbottom25%2.1%markettop25%4.9%industryaverage4.8%forecastin3Years2.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: GENTING's dividend (3.42%) is higher than the bottom 25% of dividend payers in the MY market (2.1%).

High Dividend: GENTING's dividend (3.42%) is low compared to the top 25% of dividend payers in the MY market (4.92%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.2%), GENTING's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GENTING's dividends in 3 years are forecast to be well covered by earnings (25.9% payout ratio).


Next Steps

Management

What is the CEO of Genting Berhad's salary, the management and board of directors tenure and is there insider trading?

11.5yrs

Average management tenure


CEO

Kok Thay Lim (67yo)

16.9yrs

Tenure

RM58,950,000

Compensation

Mr. Kok Thay Lim serves as a Deputy Chairman of the Board at Genting Plantations Berhad since January 1, 2019. He served as the Chief Executive Officer of Genting Plantations Berhad since February 28, 2008 ...


CEO Compensation Analysis

Information is not available.

Compensation vs Earnings: Kok Thay's compensation has increased by more than 20% in the past year.


Management Age and Tenure

11.5yrs

Average Tenure

53yo

Average Age

Experienced Management: GENTING's management team is seasoned and experienced (11.5 years average tenure).


Board Age and Tenure

1.9yrs

Average Tenure

61yo

Average Age

Experienced Board: GENTING's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kok Thay Lim (67yo)

    Chairman & CEO

    • Tenure: 16.9yrs
    • Compensation: RM58.95m
  • Bee Loh

    Secretary

    • Tenure: 11.5yrs
  • Kong Tan (53yo)

    President & COO

    • Tenure: 12.3yrs
  • Lee Goh

    Senior Vice President of Legal

    • Tenure: 0yrs
  • Tiong Ong (75yo)

    Chief Executive officer of Genting Energy Division

    • Tenure: 0yrs
  • Keong Lim (35yo)

    Deputy CEO & Executive Director

    • Tenure: 7.3yrs
    • Compensation: RM1.40m
  • Yee Wong (48yo)

    Chief Financial Officer

    • Tenure: 0.8yrs

Board Members

  • Kok Thay Lim (67yo)

    Chairman & CEO

    • Tenure: 16.9yrs
    • Compensation: RM58.95m
  • R. Thillainathan (74yo)

    Independent Non-Executive Director

    • Tenure: 16.8yrs
    • Compensation: RM176.00k
  • Swee Koid (61yo)

    Independent Non-Executive Director

    • Tenure: 1.9yrs
    • Compensation: RM13.00k
  • Keong Lim (35yo)

    Deputy CEO & Executive Director

    • Tenure: 7.3yrs
    • Compensation: RM1.40m
  • Cheng Foong (73yo)

    Deputy Chairman

    • Tenure: 0.8yrs
    • Compensation: RM120.00k
  • Manharlal Ratilal (59yo)

    Independent Non-Executive Director

    • Tenure: 0.6yrs
  • Eric Ooi (61yo)

    Independent & Non-Executive Director

    • Tenure: 0.6yrs

Company Information

Genting Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Genting Berhad
  • Ticker: GENTING
  • Exchange: KLSE
  • Founded: 1965
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: RM21.948b
  • Shares outstanding: 3.85b
  • Website: https://www.genting.com

Number of Employees


Location

  • Genting Berhad
  • Wisma Genting
  • 24th Floor
  • Kuala Lumpur
  • 50250
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GENTINGKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJan 1992
GEBH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
GEBH.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDMar 2000

Biography

Genting Berhad, an investment holding company, engages in leisure and hospitality, oil palm plantations, power generation, oil and gas, property development, life sciences, and biotechnology businesses in  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 14:56
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.