Dayang Enterprise Holdings Bhd
Market Cap
RM1.7b
Last Updated
2021/04/11 11:06 UTC
Data Sources
Company Financials +
Executive Summary
Dayang Enterprise Holdings Bhd, an investment holding company, provides offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services to the oil and gas companies in Malaysia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Dayang Enterprise Holdings Bhd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DAYANG is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: DAYANG's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-4.7%
DAYANG
-1.7%
MY Energy Services
1.3%
MY Market
1 Year Return
10.0%
DAYANG
10.8%
MY Energy Services
28.1%
MY Market
Return vs Industry: DAYANG matched the MY Energy Services industry which returned 10.8% over the past year.
Return vs Market: DAYANG underperformed the MY Market which returned 28.1% over the past year.
Shareholder returns
| DAYANG | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.7% | -1.7% | 1.3% |
| 30 Day | -8.3% | -7.5% | 0.5% |
| 90 Day | 24.3% | 1.0% | 3.6% |
| 1 Year | 10.0%10.0% | 11.9%10.8% | 31.9%28.1% |
| 3 Year | 84.4%75.5% | -23.3%-25.3% | 0.4%-8.9% |
| 5 Year | 49.0%7.5% | -43.1%-45.2% | 13.2%-6.1% |
Long-Term Price Volatility Vs. Market
How volatile is Dayang Enterprise Holdings Bhd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?1 month ago | Simply Wall St
Did You Miss Dayang Enterprise Holdings Bhd's (KLSE:DAYANG) 81% Share Price Gain?1 month ago | Simply Wall St
Dayang Enterprise Holdings Bhd (KLSE:DAYANG) Has A Pretty Healthy Balance SheetValuation
Is Dayang Enterprise Holdings Bhd undervalued compared to its fair value and its price relative to the market?
35.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DAYANG (MYR1.43) is trading below our estimate of fair value (MYR2.21)
Significantly Below Fair Value: DAYANG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DAYANG is poor value based on its PE Ratio (26.4x) compared to the MY Energy Services industry average (19.7x).
PE vs Market: DAYANG is poor value based on its PE Ratio (26.4x) compared to the MY market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: DAYANG is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: DAYANG is overvalued based on its PB Ratio (1x) compared to the MY Energy Services industry average (0.8x).
Future Growth
How is Dayang Enterprise Holdings Bhd forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
37.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DAYANG's forecast earnings growth (37% per year) is above the savings rate (3.7%).
Earnings vs Market: DAYANG's earnings (37% per year) are forecast to grow faster than the MY market (16.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DAYANG's revenue (12.3% per year) is forecast to grow faster than the MY market (7.5% per year).
High Growth Revenue: DAYANG's revenue (12.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DAYANG's Return on Equity is forecast to be low in 3 years time (7.8%).
Past Performance
How has Dayang Enterprise Holdings Bhd performed over the past 5 years?
25.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DAYANG has high quality earnings.
Growing Profit Margin: DAYANG's current net profit margins (7.9%) are lower than last year (22.1%).
Past Earnings Growth Analysis
Earnings Trend: DAYANG's earnings have grown significantly by 25.2% per year over the past 5 years.
Accelerating Growth: DAYANG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DAYANG had negative earnings growth (-75.1%) over the past year, making it difficult to compare to the Energy Services industry average (5.5%).
Return on Equity
High ROE: DAYANG's Return on Equity (1.9%) is considered low.
Financial Health
How is Dayang Enterprise Holdings Bhd's financial position?
Financial Position Analysis
Short Term Liabilities: DAYANG's short term assets (MYR756.4M) exceed its short term liabilities (MYR343.7M).
Long Term Liabilities: DAYANG's short term assets (MYR756.4M) exceed its long term liabilities (MYR603.5M).
Debt to Equity History and Analysis
Debt Level: DAYANG's debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: DAYANG's debt to equity ratio has reduced from 125.5% to 39% over the past 5 years.
Debt Coverage: DAYANG's debt is well covered by operating cash flow (49%).
Interest Coverage: DAYANG's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
Dividend
What is Dayang Enterprise Holdings Bhd current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DAYANG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DAYANG'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 DAYANG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DAYANG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DAYANG is not paying a notable dividend for the MY market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DAYANG'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?
7.3yrs
Average board tenure
CEO
Yusof Bin Tengku Ahmad Shahruddin (57 yo)
13.17yrs
Tenure
RM385,000
Compensation
YM Tengku Dato' Yusof Bin Tengku Ahmad Shahruddin serves as Managing Director of Perdana Petroleum Berhad since August 18, 2020. He has been Executive Managing Director of Dayang Enterprise Holdings Berhad...
Board Members
Experienced Board: DAYANG's board of directors are considered experienced (7.3 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 20%.
Top Shareholders
Company Information
Dayang Enterprise Holdings Bhd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Dayang Enterprise Holdings Bhd
- Ticker: DAYANG
- Exchange: KLSE
- Founded: 1980
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: RM1.656b
- Shares outstanding: 1.16b
- Website: https://www.desb.net
Number of Employees
Location
- Dayang Enterprise Holdings Bhd
- Sublot 5–10
- Lot 46, Block 10
- Miri
- Sarawak
- 98000
- Malaysia
Listings
Biography
Dayang Enterprise Holdings Bhd, an investment holding company, provides offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services to the oil and gas co...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 11:06 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.