How does ABLEGLOB's PE Ratio compare to its peers?

ABLEGLOB is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (10.2x).

How does ABLEGLOB's PE Ratio compare vs other companies in the MY Food Industry?

ABLEGLOB is good value based on its Price-To-Earnings Ratio (8.9x) compared to the MY Food industry average (13.6x).

What is ABLEGLOB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ABLEGLOB is good value based on its Price-To-Earnings Ratio (8.9x) compared to the estimated Fair Price-To-Earnings Ratio (12.8x).

What is the Fair Price of ABLEGLOB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ABLEGLOB (MYR1.94) is trading below our estimate of [[fair value]] (MYR11.34)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Able Global Berhad (KLSE:ABLEGLOB) - Stock Price, News & Analysis

ABLEGLOB Stock Overview

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

ABLEGLOB fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 82.9% below our estimate of its fair value

Earnings grew by 96.6% over the past year

Pays a reliable dividend of 4.12%

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 35.2%

Risk Analysis

No risks detected for ABLEGLOB from our risk checks.

Able Global Berhad Competitors

Kawan Food Berhad

KLSE:KAWAN

RM 588.6m

Apollo Food Holdings Berhad

KLSE:APOLLO

RM 520.0m

C.I. Holdings Berhad

KLSE:CIHLDG

RM 437.4m

Teo Seng Capital Berhad

KLSE:TEOSENG

RM 678.6m

Price History & Performance

Summary of all time highs, changes and price drops for Able Global Berhad
Historical stock prices
Current Share Price	RM 1.94
52 Week High	RM 2.23
52 Week Low	RM 1.26
Beta	0.61
11 Month Change	1.57%
3 Month Change	-2.02%
1 Year Change	52.76%
33 Year Change	16.17%
5 Year Change	30.20%
Change since IPO	286.13%

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

Sep 04

Recent updates

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

Jun 03

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

Mar 05

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

Dec 03

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

Jun 05

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

Jun 01

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

May 04

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

Mar 22

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

Mar 09

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

Feb 22

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

Feb 07

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

Jan 23

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

Jan 07

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

Dec 23

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

Dec 08

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

Nov 23

Shareholder Returns

	ABLEGLOB	MY Food	MY Market
7D	3.2%	-1.1%	-0.2%
1Y	52.8%	6.6%	9.7%

Return vs Industry: ABLEGLOB exceeded the MY Food industry which returned 6.6% over the past year.

Return vs Market: ABLEGLOB exceeded the MY Market which returned 9.7% over the past year.

Price Volatility

Is ABLEGLOB's price volatile compared to industry and market?
ABLEGLOB volatility
ABLEGLOB Average Weekly Movement	3.0%
Food Industry Average Movement	4.0%
Market Average Movement	5.0%
10% most volatile stocks in MY Market	10.1%
10% least volatile stocks in MY Market	2.5%

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 (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1973	199	Edward Goh	www.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 cap	RM 596.67m
Earnings (TTM)	RM 67.37m
Revenue (TTM)	RM 696.14m

8.9x

P/E Ratio

0.9x

P/S Ratio

Is ABLEGLOB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABLEGLOB income statement (TTM)
Revenue	RM 696.14m
Cost of Revenue	RM 522.57m
Gross Profit	RM 173.58m
Other Expenses	RM 106.21m
Earnings	RM 67.37m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	24.93%
Net Profit Margin	9.68%
Debt/Equity Ratio	52.9%

How did ABLEGLOB perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

37%

Payout Ratio

ABLEGLOB Stock Overview

Rewards

Risk Analysis

Able Global Berhad Competitors

KLSE:KAWAN

RM 588.6m

KLSE:APOLLO

RM 520.0m

KLSE:CIHLDG

RM 437.4m

KLSE:TEOSENG

RM 678.6m

Price History & Performance

Recent News & Updates

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

Second quarter dividend of RM0.02 announced

Now 20% overvalued

Second quarter 2024 earnings released: EPS: RM0.058 (vs RM0.034 in 2Q 2023)

Able Global Berhad Declares Single Tier 2nd Interim Dividend in Respect of Financial Year Ending 31 December 2024

Price target increased by 9.9% to RM2.33

Recent updates

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

Second quarter dividend of RM0.02 announced

Now 20% overvalued

Second quarter 2024 earnings released: EPS: RM0.058 (vs RM0.034 in 2Q 2023)

Able Global Berhad Declares Single Tier 2nd Interim Dividend in Respect of Financial Year Ending 31 December 2024

Price target increased by 9.9% to RM2.33

First quarter dividend of RM0.02 announced

First quarter 2024 earnings released: EPS: RM0.049 (vs RM0.023 in 1Q 2023)

Able Global Berhad, Annual General Meeting, May 28, 2024

Able Global Berhad Announces Resignation of Yong May Li as Company Secretary

Upcoming dividend of RM0.02 per share

Price target increased by 11% to RM1.84

Able Global Berhad Declares Single Tier Fourth Interim Dividend in Respect of Financial Year Ended 31 December 2023

Full year 2023 earnings released: EPS: RM0.17 (vs RM0.11 in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.053 (vs RM0.027 in 3Q 2022)

Able Global Berhad Declares Single Tier 3Rd Interim Dividend in Respect of Financial Year Ending 31 December 2023

Able Global Berhad Announces Changes in the Composition of the Risk Management Committee

Upcoming dividend of RM0.015 per share at 2.9% yield

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

Second quarter 2023 earnings released: EPS: RM0.034 (vs RM0.041 in 2Q 2022)

Able Global Berhad Declares Single Tier Second Interim Dividend for the Financial Year Ending 31 December 2023

Upcoming dividend of RM0.01 per share at 3.1% yield

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

Able Global Berhad Announces Single Tier 1St Interim Dividend for Year Ending 31 December 2023, Payment Date Is 30 June 2023

Able Global Berhad Declares Single Tier 1st Interim Dividend for the Financial Year Ending 31 December 2023

First quarter 2023 earnings released: EPS: RM0.023 (vs RM0.013 in 1Q 2022)

Upcoming dividend of RM0.01 per share at 3.1% yield

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

Full year 2022 earnings released: EPS: RM0.11 (vs RM0.12 in FY 2021)

Able Global Berhad Announces Change in the Composition of Risk Management Committee

Upcoming dividend of RM0.01 per share

Able Global Berhad Declares Single Tier 3Rd Interim Dividend in Respect of the Financial Year Ending 31 December 2022

Third quarter 2022 earnings released: EPS: RM0.027 (vs RM0.028 in 3Q 2021)

Insufficient new directors

Upcoming dividend of RM0.015 per share

Able Global Berhad Declares Single Tier 2nd Interim Dividend in Respect of Financial Year Ending 31 December 2022

Second quarter 2022 earnings released: EPS: RM0.041 (vs RM0.037 in 2Q 2021)

Able Global Berhad Announces Miss Marieta Binti Abdull Hamid as Independent and Non Executive Director

Able Global to Be Deleted from Other OTC

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

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Able Global Berhad Announces Single Tier First Interim Dividend for the Year Ended December 31, 2022

Price target decreased to RM1.90

Insufficient new directors

Upcoming dividend of RM0.015 per share

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

Able Global Berhad Announces Single Tier Fourth Interim Dividend for the Year Ended December 31, 2021, Payable on March 30, 2022

Price target decreased to RM2.03

Full year 2021 earnings: EPS and revenues miss analyst expectations

Able Global Berhad Declares A Single Tier Fourth Interim Dividend in Respect of Financial Year Ended 31 December 2021

Upcoming dividend of RM0.01 per share

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

Third quarter 2021 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of RM0.015 per share

Second quarter 2021 earnings released: EPS RM0.037 (vs RM0.036 in 2Q 2020)

Upcoming dividend of RM0.01 per share

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

Johore Tin Berhad Declares Single Tier First Interim Dividend for the Financial Year Ending 31 December 2021

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