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KENA

Kenanga Investment Bank BerhadKLSE:KENANGA Stock Report

Market Cap

RM913.8m

7D

-0.8%

1Y

39.7%

Updated

27 Nov, 2021

Data

Company Financials
KENANGA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

KENANGA Stock Overview

Kenanga Investment Bank Berhad, together with its subsidiaries, provides equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment and wealth management, structured lending, and trade financing products and services primarily in Malaysia.

Price History & Performance

Summary of all time highs, changes and price drops for Kenanga Investment Bank Berhad
Historical stock prices
Current Share PriceRM1.25
52 Week HighRM1.97
52 Week LowRM0.90
Beta0.89
1 Month Change-3.10%
3 Month Change-4.58%
1 Year Change39.67%
3 Year Change98.41%
5 Year Change184.09%
Change since IPO163.16%

Recent News & Updates

Aug 23
Here's Why We Think Kenanga Investment Bank Berhad (KLSE:KENANGA) Is Well Worth Watching

Here's Why We Think Kenanga Investment Bank Berhad (KLSE:KENANGA) Is Well Worth Watching

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Apr 10
Do Kenanga Investment Bank Berhad's (KLSE:KENANGA) Earnings Warrant Your Attention?

Do Kenanga Investment Bank Berhad's (KLSE:KENANGA) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Mar 19
How Does Kenanga Investment Bank Berhad (KLSE:KENANGA) Stand Up To These Simple Dividend Safety Checks?

How Does Kenanga Investment Bank Berhad (KLSE:KENANGA) Stand Up To These Simple Dividend Safety Checks?

Is Kenanga Investment Bank Berhad ( KLSE:KENANGA ) a good dividend stock? How can we tell? Dividend paying companies...

Shareholder Returns

KENANGAMY Capital MarketsMY Market
7D-0.8%-2.4%-1.6%
1Y39.7%-13.5%-2.6%

Return vs Industry: KENANGA exceeded the MY Capital Markets industry which returned -13.5% over the past year.

Return vs Market: KENANGA exceeded the MY Market which returned -2.6% over the past year.

Price Volatility

Is KENANGA's price volatile compared to industry and market?
KENANGA volatility
KENANGA Average Weekly Movement2.0%
Capital Markets Industry Average Movement5.7%
Market Average Movement5.6%
10% most volatile stocks in MY Market12.1%
10% least volatile stocks in MY Market2.6%

Stable Share Price: KENANGA is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: KENANGA's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19731,282Wai Chayhttps://www.kenanga.com.my

Kenanga Investment Bank Berhad, together with its subsidiaries, provides equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment and wealth management, structured lending, and trade financing products and services primarily in Malaysia. It operates through Investment Banking, Stockbroking, Futures Broking, Money Lending and Financing, and Investment and Wealth Management segments. The company offers equity broking services, global equity trading, structured warrants, equity structured solutions, and securities borrowing and lending to retail and institutional investors; investment banking products and services, including corporate banking, corporate finance, debt and equity capital markets, and private equity services; and Islamic financing, treasury, stockbroking, and margin financing products, as well as Shariah committee.

Kenanga Investment Bank Berhad Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
KENANGA income statement (TTM)
RevenueRM829.34m
Cost of RevenueRM4.04m
Gross ProfitRM825.30m
ExpensesRM699.83m
EarningsRM125.46m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.17
Gross Margin99.51%
Net Profit Margin15.13%
Debt/Equity Ratio24.1%

How did KENANGA perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is Kenanga Investment Bank Berhad undervalued compared to its fair value and its price relative to the market?

7.28x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KENANGA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KENANGA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KENANGA is good value based on its PE Ratio (7.3x) compared to the MY Capital Markets industry average (8.5x).

PE vs Market: KENANGA is good value based on its PE Ratio (7.3x) compared to the MY market (15.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KENANGA is overvalued based on its PB Ratio (0.9x) compared to the MY Capital Markets industry average (0.5x).


Future Growth

How is Kenanga Investment Bank Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.9%

Forecasted Diversified Financials 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 Kenanga Investment Bank 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 Kenanga Investment Bank Berhad performed over the past 5 years?

46.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KENANGA has high quality earnings.

Growing Profit Margin: KENANGA's current net profit margins (15.1%) are higher than last year (10.5%).


Past Earnings Growth Analysis

Earnings Trend: KENANGA's earnings have grown significantly by 46.3% per year over the past 5 years.

Accelerating Growth: KENANGA's earnings growth over the past year (75.5%) exceeds its 5-year average (46.3% per year).

Earnings vs Industry: KENANGA earnings growth over the past year (75.5%) underperformed the Capital Markets industry 140.4%.


Return on Equity

High ROE: KENANGA's Return on Equity (12.1%) is considered low.


Financial Health

How is Kenanga Investment Bank Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: KENANGA's short term assets (MYR5.0B) exceed its short term liabilities (MYR1.6B).

Long Term Liabilities: KENANGA's short term assets (MYR5.0B) exceed its long term liabilities (MYR4.3B).


Debt to Equity History and Analysis

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

Reducing Debt: KENANGA's debt to equity ratio has increased from 12.1% to 24.1% over the past 5 years.

Debt Coverage: KENANGA's debt is well covered by operating cash flow (48.3%).

Interest Coverage: Insufficient data to determine if KENANGA's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Kenanga Investment Bank Berhad current dividend yield, its reliability and sustainability?

3.20%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KENANGA's dividend (3.2%) is higher than the bottom 25% of dividend payers in the MY market (1.61%).

High Dividend: KENANGA's dividend (3.2%) is low compared to the top 25% of dividend payers in the MY market (4.57%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23%), KENANGA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

10.5yrs

Average management tenure


CEO

Wai Chay (57 yo)

10.5yrs

Tenure

RM211,715

Compensation

Mr. Wai Leong Chay has been Group Managing Director of K & N Kenanga Holdings Berhad and Kenanga Investment Bank Bhd. since May 17, 2011. Datuk Chay served as First Chief Executive Officer and Managing Dir...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Wai's total compensation is reasonable compared to companies of similar size in the MY market.

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


Leadership Team

Experienced Management: KENANGA's management team is seasoned and experienced (10.5 years average tenure).


Board Members

Experienced Board: KENANGA's board of directors are considered experienced (3.9 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 2.8%.


Top Shareholders

Company Information

Kenanga Investment Bank Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Kenanga Investment Bank Berhad
  • Ticker: KENANGA
  • Exchange: KLSE
  • Founded: 1973
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: RM913.843m
  • Shares outstanding: 731.07m
  • Website: https://www.kenanga.com.my

Number of Employees


Location

  • Kenanga Investment Bank Berhad
  • Kenanga Tower
  • Level 17
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 50400
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 11:04
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.