Able Global Berhad Past Earnings Performance

Past criteria checks 4/6

Able Global Berhad's earnings have been declining at an average annual rate of -2.7%, while the Food industry saw earnings growing at 24.6% annually. Revenues have been growing at an average rate of 1.9% per year. Able Global Berhad's return on equity is 11.8%, and it has net margins of 8%.

Key information

-2.7%

Earnings growth rate

-2.5%

EPS growth rate

Food Industry Growth	24.5%
Revenue growth rate	1.9%
Return on equity	11.8%
Net Margin	8.0%
Last Earnings Update	31 Dec 2023

Recent past performance updates

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

Revenue & Expenses Breakdown
Beta

How Able Global Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KLSE:ABLEGLOB Revenue, expenses and earnings (MYR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	649	52	41
30 Sep 23	607	42	42
30 Jun 23	569	34	40
31 Mar 23	565	36	40
31 Dec 22	550	33	40
30 Sep 22	570	32	38
30 Jun 22	548	33	39
31 Mar 22	517	32	40
31 Dec 21	500	37	40
30 Sep 21	490	38	43
30 Jun 21	513	45	43
31 Mar 21	508	44	42
31 Dec 20	502	39	43
30 Sep 20	518	43	38
30 Jun 20	520	42	38
31 Mar 20	547	41	41
31 Dec 19	580	47	41
30 Sep 19	583	48	42
30 Jun 19	564	46	40
31 Mar 19	538	40	40
31 Dec 18	501	36	37
30 Sep 18	460	24	34
30 Jun 18	468	20	37
31 Mar 18	476	23	36
31 Dec 17	475	26	34
30 Sep 17	477	36	36
30 Jun 17	460	39	31
31 Mar 17	452	41	28
31 Dec 16	441	36	29
30 Sep 16	438	28	26
30 Jun 16	420	21	26
31 Mar 16	418	18	27
31 Dec 15	417	17	26
30 Sep 15	408	19	26
30 Jun 15	401	19	26
31 Mar 15	346	12	25
31 Dec 14	317	13	24
30 Sep 14	275	12	23
30 Jun 14	248	14	20
31 Mar 14	251	20	21
31 Dec 13	241	21	21
30 Sep 13	243	23	20
30 Jun 13	244	25	21

Quality Earnings: ABLEGLOB has high quality earnings.

Growing Profit Margin: ABLEGLOB's current net profit margins (8%) are higher than last year (6.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ABLEGLOB's earnings have declined by 2.7% per year over the past 5 years.

Accelerating Growth: ABLEGLOB's earnings growth over the past year (55.7%) exceeds its 5-year average (-2.7% per year).

Earnings vs Industry: ABLEGLOB earnings growth over the past year (55.7%) exceeded the Food industry -21.6%.

Return on Equity

High ROE: ABLEGLOB's Return on Equity (11.8%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Able Global Berhad Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

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)

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

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

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

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

Recent updates

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

Full year 2020 earnings released: EPS RM0.13 (vs RM0.15 in FY 2019)

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

Upcoming dividend of RM0.01 per share

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

Johore Tin Berhad Declares Single Tier 4Th Interim Dividend for the Financial Year Ended 31 December 2020

Full year 2020 earnings released: EPS RM0.13 (vs RM0.15 in FY 2019)

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

New 90-day low: RM1.77

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?

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

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

New 90-day high: RM2.03

Price target raised to RM2.21

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

Upcoming Dividend of RM0.02 Per Share

Third quarter 2020 earnings released: EPS RM0.051

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

Revenue & Expenses Breakdown
Beta