ABLEGLOB Stock Overview
An investment holding company, manufactures and sells tin cans and dairy products in Malaysia. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for ABLEGLOB from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Able Global Berhad Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM 1.88 |
| 52 Week High | RM 2.23 |
| 52 Week Low | RM 1.42 |
| Beta | 0.59 |
| 1 Month Change | -3.09% |
| 3 Month Change | -6.93% |
| 1 Year Change | 32.39% |
| 3 Year Change | 17.50% |
| 5 Year Change | 6.82% |
| Change since IPO | 274.19% |
Recent News & Updates
Able Global Berhad (KLSE:ABLEGLOB) Will Pay A Dividend Of MYR0.02
Dec 01
Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.02
Sep 04Recent updates
Able Global Berhad (KLSE:ABLEGLOB) Will Pay A Dividend Of MYR0.02
Dec 01Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.02
Sep 04Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.015
Sep 05Able Global Berhad (KLSE:ABLEGLOB) Is Due To Pay A Dividend Of MYR0.01
Jun 08Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To MYR0.01
Mar 17Able Global Berhad (KLSE:ABLEGLOB) Is Paying Out Less In Dividends Than Last Year
Jun 03Some Able Global Berhad (KLSE:ABLEGLOB) Analysts Just Made A Major Cut To Next Year's Estimates
Mar 05Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To RM0.01
Dec 03Johore Tin Berhad's (KLSE:JOHOTIN) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 05Returns On Capital At Johore Tin Berhad (KLSE:JOHOTIN) Have Stalled
Jun 01At RM1.61, Is Johore Tin Berhad (KLSE:JOHOTIN) Worth Looking At Closely?
May 04Johore Tin Berhad (KLSE:JOHOTIN) Shares Could Be 49% Below Their Intrinsic Value Estimate
Mar 22Is Johore Tin Berhad (KLSE:JOHOTIN) A Risky Investment?
Mar 09Does Johore Tin Berhad (KLSE:JOHOTIN) Have The Makings Of A Multi-Bagger?
Feb 22Johore 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 23What Is The Ownership Structure Like For Johore Tin Berhad (KLSE:JOHOTIN)?
Jan 07Shareholders Of Johore Tin Berhad (KLSE:JOHOTIN) Must Be Happy With Their 208% Total Return
Dec 23Johore Tin Berhad (KLSE:JOHOTIN) Seems To Use Debt Quite Sensibly
Dec 08Will the Promising Trends At Johore Tin Berhad (KLSE:JOHOTIN) Continue?
Nov 23Shareholder Returns
| ABLEGLOB | MY Food | MY Market | |
|---|---|---|---|
| 7D | -1.6% | -2.0% | -1.0% |
| 1Y | 32.4% | 3.4% | 10.0% |
Return vs Industry: ABLEGLOB exceeded the MY Food industry which returned 3.4% over the past year.
Return vs Market: ABLEGLOB exceeded the MY Market which returned 10% over the past year.
Price Volatility
| ABLEGLOB volatility | |
|---|---|
| ABLEGLOB Average Weekly Movement | 3.1% |
| Food Industry Average Movement | 4.2% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in MY Market | 10.5% |
| 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
| ABLEGLOB fundamental statistics | |
|---|---|
| Market cap | RM 578.22m |
| Earnings (TTM) | RM 68.88m |
| Revenue (TTM) | RM 713.33m |
8.4x
P/E Ratio0.8x
P/S RatioIs ABLEGLOB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABLEGLOB income statement (TTM) | |
|---|---|
| Revenue | RM 713.33m |
| Cost of Revenue | RM 531.13m |
| Gross Profit | RM 182.20m |
| Other Expenses | RM 113.32m |
| Earnings | RM 68.88m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.22 |
| Gross Margin | 25.54% |
| Net Profit Margin | 9.66% |
| Debt/Equity Ratio | 53.2% |
How did ABLEGLOB perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield36%
Payout RatioDoes ABLEGLOB pay a reliable dividends?
See ABLEGLOB dividend history and benchmarks| Able Global Berhad dividend dates | |
|---|---|
| Ex Dividend Date | Dec 12 2024 |
| Dividend Pay Date | Dec 30 2024 |
| Days until Ex dividend | 10 days |
| Days until Dividend pay date | 8 days |
Does ABLEGLOB pay a reliable dividends?
See ABLEGLOB dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Able Global Berhad is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Minwei Mak | Inter-Pacific Research Sdn Bhd |
| Tzu Chan | OSK-DMG |
| null null | Public Investment Bank Berhad |