company background image
ABLEGLOB logo

Able Global Berhad KLSE:ABLEGLOB Stock Report

Last Price

RM 1.96

Market Cap

RM 602.8m

7D

-2.5%

1Y

50.8%

Updated

05 Oct, 2024

Data

Company Financials +

Able Global Berhad

KLSE:ABLEGLOB Stock Report

Market Cap: RM 602.8m

ABLEGLOB Stock Overview

An investment holding company, manufactures and sells tin cans and dairy products in Malaysia.

ABLEGLOB fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

Able Global Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Able Global Berhad
Historical stock prices
Current Share PriceRM 1.96
52 Week HighRM 2.23
52 Week LowRM 1.24
Beta0.62
11 Month Change-0.51%
3 Month Change-5.77%
1 Year Change50.77%
33 Year Change12.64%
5 Year Change42.03%
Change since IPO290.11%

Recent News & Updates

Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.02

Sep 04
Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.02

Recent updates

Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.02

Sep 04
Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.02

Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.015

Sep 05
Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.015

Able Global Berhad (KLSE:ABLEGLOB) Is Due To Pay A Dividend Of MYR0.01

Jun 08
Able Global Berhad (KLSE:ABLEGLOB) Is Due To Pay A Dividend Of MYR0.01

Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To MYR0.01

Mar 17
Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To MYR0.01

Able Global Berhad (KLSE:ABLEGLOB) Is Paying Out Less In Dividends Than Last Year

Jun 03
Able Global Berhad (KLSE:ABLEGLOB) Is Paying Out Less In Dividends Than Last Year

Some Able Global Berhad (KLSE:ABLEGLOB) Analysts Just Made A Major Cut To Next Year's Estimates

Mar 05
Some Able Global Berhad (KLSE:ABLEGLOB) Analysts Just Made A Major Cut To Next Year's Estimates

Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To RM0.01

Dec 03
Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To RM0.01

Johore Tin Berhad's (KLSE:JOHOTIN) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 05
Johore Tin Berhad's (KLSE:JOHOTIN) Shareholders Will Receive A Bigger Dividend Than Last Year

Returns On Capital At Johore Tin Berhad (KLSE:JOHOTIN) Have Stalled

Jun 01
Returns On Capital At Johore Tin Berhad (KLSE:JOHOTIN) Have Stalled

At RM1.61, Is Johore Tin Berhad (KLSE:JOHOTIN) Worth Looking At Closely?

May 04
At RM1.61, Is Johore Tin Berhad (KLSE:JOHOTIN) Worth Looking At Closely?

Johore Tin Berhad (KLSE:JOHOTIN) Shares Could Be 49% Below Their Intrinsic Value Estimate

Mar 22
Johore Tin Berhad (KLSE:JOHOTIN) Shares Could Be 49% Below Their Intrinsic Value Estimate

Is Johore Tin Berhad (KLSE:JOHOTIN) A Risky Investment?

Mar 09
Is Johore Tin Berhad (KLSE:JOHOTIN) A Risky Investment?

Does Johore Tin Berhad (KLSE:JOHOTIN) Have The Makings Of A Multi-Bagger?

Feb 22
Does Johore Tin Berhad (KLSE:JOHOTIN) Have The Makings Of A Multi-Bagger?

Johore Tin Berhad's (KLSE:JOHOTIN) Stock Been Rising: Are Strong Financials Guiding The Market?

Feb 07
Johore Tin Berhad's (KLSE:JOHOTIN) Stock Been Rising: Are Strong Financials Guiding The Market?

Should You Think About Buying Johore Tin Berhad (KLSE:JOHOTIN) Now?

Jan 23
Should You Think About Buying Johore Tin Berhad (KLSE:JOHOTIN) Now?

What Is The Ownership Structure Like For Johore Tin Berhad (KLSE:JOHOTIN)?

Jan 07
What Is The Ownership Structure Like For Johore Tin Berhad (KLSE:JOHOTIN)?

Shareholders Of Johore Tin Berhad (KLSE:JOHOTIN) Must Be Happy With Their 208% Total Return

Dec 23
Shareholders Of Johore Tin Berhad (KLSE:JOHOTIN) Must Be Happy With Their 208% Total Return

Johore Tin Berhad (KLSE:JOHOTIN) Seems To Use Debt Quite Sensibly

Dec 08
Johore Tin Berhad (KLSE:JOHOTIN) Seems To Use Debt Quite Sensibly

Will the Promising Trends At Johore Tin Berhad (KLSE:JOHOTIN) Continue?

Nov 23
Will the Promising Trends At Johore Tin Berhad (KLSE:JOHOTIN) Continue?

Shareholder Returns

ABLEGLOBMY FoodMY Market
7D-2.5%-0.2%-1.2%
1Y50.8%5.0%13.0%

Return vs Industry: ABLEGLOB exceeded the MY Food industry which returned 5% over the past year.

Return vs Market: ABLEGLOB exceeded the MY Market which returned 13% over the past year.

Price Volatility

Is ABLEGLOB's price volatile compared to industry and market?
ABLEGLOB volatility
ABLEGLOB Average Weekly Movement4.5%
Food Industry Average Movement4.4%
Market Average Movement6.0%
10% most volatile stocks in MY Market11.0%
10% least volatile stocks in MY Market3.0%

Stable Share Price: ABLEGLOB has not had significant price volatility in the past 3 months compared to the MY market.

Volatility Over Time: ABLEGLOB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1973199Edward Gohwww.ableglobalbhd.com.my

Able Global Berhad, an investment holding company, manufactures and sells tin cans and dairy products in Malaysia. It operates through Tin Cans Manufacturing; and Food and Beverage (F&B) segments. The Tin Cans Manufacturing segment is involved in the manufacture of various tins, cans, and other containers; and the provision of tinplates printing services to customers of various industries, including biscuit, paint and chemical, edible oil, and food processing industries.

Able Global Berhad Fundamentals Summary

How do Able Global Berhad's earnings and revenue compare to its market cap?
ABLEGLOB fundamental statistics
Market capRM 602.82m
Earnings (TTM)RM 67.37m
Revenue (TTM)RM 696.14m

8.9x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABLEGLOB income statement (TTM)
RevenueRM 696.14m
Cost of RevenueRM 522.57m
Gross ProfitRM 173.58m
Other ExpensesRM 106.21m
EarningsRM 67.37m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin24.93%
Net Profit Margin9.68%
Debt/Equity Ratio52.9%

How did ABLEGLOB perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

37%

Payout Ratio