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Able Global Berhad KLSE:ABLEGLOB Stock Report

Last Price

RM1.74

Market Cap

RM535.2m

7D

1.8%

1Y

29.9%

Updated

25 Apr, 2024

Data

Company Financials +

ABLEGLOB Stock Overview

Able Global Berhad, an investment holding company, manufactures and sells tin cans and dairy products in Malaysia.

ABLEGLOB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
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 PriceRM1.74
52 Week HighRM1.81
52 Week LowRM1.24
Beta0.62
1 Month Change-1.14%
3 Month Change12.99%
1 Year Change29.85%
3 Year Change7.41%
5 Year Change12.99%
Change since IPO246.32%

Recent News & Updates

Recent updates

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
7D1.8%1.5%1.4%
1Y29.9%6.0%11.8%

Return vs Industry: ABLEGLOB exceeded the MY Food industry which returned 5.3% over the past year.

Return vs Market: ABLEGLOB exceeded the MY Market which returned 12.1% over the past year.

Price Volatility

Is ABLEGLOB's price volatile compared to industry and market?
ABLEGLOB volatility
ABLEGLOB Average Weekly Movement4.3%
Food Industry Average Movement4.1%
Market Average Movement5.1%
10% most volatile stocks in MY Market10.6%
10% least volatile stocks in MY Market2.5%

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

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.

Able Global Berhad Fundamentals Summary

How do Able Global Berhad's earnings and revenue compare to its market cap?
ABLEGLOB fundamental statistics
Market capRM535.16m
Earnings (TTM)RM51.99m
Revenue (TTM)RM648.51m

10.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABLEGLOB income statement (TTM)
RevenueRM648.51m
Cost of RevenueRM541.40m
Gross ProfitRM107.12m
Other ExpensesRM55.13m
EarningsRM51.99m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.17
Gross Margin16.52%
Net Profit Margin8.02%
Debt/Equity Ratio60.9%

How did ABLEGLOB perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

38%

Payout Ratio
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