Genting Berhad
Market Cap
RM16.2b
Last Updated
2020/07/02 15:11 UTC
Data Sources
Company Financials +
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.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential 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
Stable Share Price: GENTING has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.5%
GENTING
1.3%
MY Hospitality
2.6%
MY Market
1 Year Return
-38.2%
GENTING
-27.8%
MY Hospitality
-10.6%
MY Market
Return vs Industry: GENTING underperformed the MY Hospitality industry which returned -29.7% over the past year.
Return vs Market: GENTING underperformed the MY Market which returned -11.5% over the past year.
Shareholder returns
| GENTING | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 1.3% | 2.6% |
| 30 Day | -5.0% | -2.5% | 1.0% |
| 90 Day | 11.7% | 14.9% | 17.2% |
| 1 Year | -35.1%-38.2% | -24.0%-27.8% | -7.3%-10.6% |
| 3 Year | -50.0%-54.8% | -42.3%-48.7% | -7.6%-18.8% |
| 5 Year | -41.4%-48.0% | -33.3%-43.6% | 3.8%-14.2% |
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
2 days ago | Simply Wall St
Does This Valuation Of Genting Berhad (KLSE:GENTING) Imply Investors Are Overpaying?2 weeks ago | Simply Wall St
Does Genting Berhad's (KLSE:GENTING) Statutory Profit Adequately Reflect Its Underlying Profit?4 weeks ago | Simply Wall St
Imagine Owning Genting Berhad (KLSE:GENTING) While The Price Tanked 55%Valuation
Is Genting Berhad undervalued compared to its fair value and its price relative to the market?
12.45x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GENTING (MYR4.21) is trading above our estimate of fair value (MYR3.15)
Significantly Below Fair Value: GENTING is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GENTING is good value based on its PE Ratio (12.5x) compared to the Hospitality industry average (13.1x).
PE vs Market: GENTING is good value based on its PE Ratio (12.5x) compared to the MY market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: GENTING is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: GENTING is overvalued based on its PB Ratio (0.5x) compared to the MY Hospitality industry average (0.4x).
Next Steps
Future Growth
How is Genting Berhad forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
53.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GENTING's forecast earnings growth (53.4% per year) is above the savings rate (3.9%).
Earnings vs Market: GENTING's earnings (53.4% per year) are forecast to grow faster than the MY market (16.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GENTING's revenue (18.7% per year) is forecast to grow faster than the MY market (6.2% per year).
High Growth Revenue: GENTING's revenue (18.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GENTING's Return on Equity is forecast to be low in 3 years time (4.6%).
Next Steps
Past Performance
How has Genting Berhad performed over the past 5 years?
2.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GENTING has high quality earnings.
Growing Profit Margin: GENTING's current net profit margins (6.5%) are higher than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: GENTING's earnings have grown by 2% per year over the past 5 years.
Accelerating Growth: GENTING's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GENTING had negative earnings growth (-1.9%) over the past year, making it difficult to compare to the Hospitality industry average (1.9%).
Return on Equity
High ROE: GENTING's Return on Equity (4.1%) is considered low.
Next Steps
Financial Health
How is Genting Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: GENTING's short term assets (MYR40.7B) exceed its short term liabilities (MYR9.2B).
Long Term Liabilities: GENTING's short term assets (MYR40.7B) exceed its long term liabilities (MYR40.0B).
Debt to Equity History and Analysis
Debt Level: GENTING's debt to equity ratio (66.6%) is considered high.
Reducing Debt: GENTING's debt to equity ratio has increased from 24.4% to 66.6% over the past 5 years.
Debt Coverage: GENTING's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: GENTING's interest payments on its debt are well covered by EBIT (23.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Genting Berhad current dividend yield, its reliability and sustainability?
5.23%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GENTING's dividend (5.23%) is higher than the bottom 25% of dividend payers in the MY market (1.95%).
High Dividend: GENTING's dividend (5.23%) is low compared to the top 25% of dividend payers in the MY market (5.43%).
Stability and Growth of Payments
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 (37%), 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 (42% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.7yrs
Average management tenure
CEO
Kok Lim (68yo)
17.67yrs
Tenure
RM50,700,000
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
Compensation vs Market: Kok's total compensation ($USD11.83M) is above average for companies of similar size in the MY market ($USD718.40K).
Compensation vs Earnings: Kok's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.67yrs | RM50.70m | 1.77% MYR286.8m | |
| Deputy CEO & Executive Director | 8.08yrs | RM8.33m | no data | |
| President | 0.50yr | no data | 0.024% MYR3.9m | |
| Chief Financial Officer | 1.5yrs | no data | no data | |
| Senior Vice President of Legal | no data | no data | no data | |
| Chief Executive officer of Genting Energy Division | no data | no data | no data | |
| President of Genting New York State | 0.58yr | no data | no data | |
| Secretary | 12.25yrs | no data | no data |
9.7yrs
Average Tenure
54yo
Average Age
Experienced Management: GENTING's management team is seasoned and experienced (9.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.67yrs | RM50.70m | 1.77% MYR286.8m | |
| Deputy CEO & Executive Director | 8.08yrs | RM8.33m | no data | |
| President | 0.50yr | no data | 0.024% MYR3.9m | |
| Senior Independent Non-Executive Director | no data | RM174.00k | 0.021% MYR3.3m | |
| Independent Non-Executive Director | 2.67yrs | RM149.00k | no data | |
| Independent Deputy Chairman | 1.5yrs | RM143.00k | 0.0018% MYR295.0k | |
| Independent Non-Executive Director | 1.33yrs | RM14.00k | no data | |
| Independent & Non-Executive Director | 1.33yrs | RM17.00k | no data |
1.5yrs
Average Tenure
62yo
Average Age
Experienced Board: GENTING's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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
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: RM16.211b
- Shares outstanding: 3.85b
- Website: https://www.genting.com
Number of Employees
Location
- Genting Berhad
- Wisma Genting
- 24th Floor
- Kuala Lumpur
- Wilayah Persekutuan
- 50250
- Malaysia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GENTING | KLSE (Bursa Malaysia) | Yes | Ordinary Shares | MY | MYR | Jan 1992 |
| GEBH.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| GEBH.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Mar 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 Malaysia and internationally. Its Leisure & Hospitality segment is involved in gaming, hotels, food and beverages, theme parks, retail, entertainment and attractions, and tours and travel related businesses; the development and operation of integrated resorts; and provision of other support services. The company’s Plantation segment engages in oil palm plantations, as well as palm oil milling and related activities. Its Power segment generates and supplies electric power. The company’s Property segment develops and invests in properties. Its Oil & Gas segment explores for, develops, and produces oil and gas. The company also offers offshore financing; advisory, technical, and administrative services to oil and gas companies; risk and insurance management consultancy services; issues private debt securities; and licenses intellectual property rights. In addition, it manufactures and sells biodiesel; and processes fresh fruit bunches. Further, the company provides project management, technical, and other management services; researches and develops technologies for genetic analysis and sequencing for oncology applications; and engages in rent-a-captive offshore insurance business. Additionally, it creates platform for early diagnosis and treatment of Alzheimer’s and other neurodegenerative diseases; and undertakes the collection, analysis, and testing of specimens, samples, and/or data for research and evaluation activities. It also engages in leasing of land rigs; provision of information technology services relating to the gaming and resort industry; and provision of international sales and marketing services, and corporate services. Genting Berhad was founded in 1965 and is headquartered in Kuala Lumpur, Malaysia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/02 15:11 |
| End of Day Share Price | 2020/07/02 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.