ABLEGLOB Stock Overview
An investment holding company, manufactures and sells tin cans and dairy products in Malaysia.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Able Global Berhad Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM2.04 |
| 52 Week High | RM2.15 |
| 52 Week Low | RM1.24 |
| Beta | 0.62 |
| 1 Month Change | 17.24% |
| 3 Month Change | 19.30% |
| 1 Year Change | 56.92% |
| 3 Year Change | 28.30% |
| 5 Year Change | 51.11% |
| Change since IPO | 306.03% |
Recent News & Updates
Recent updates
Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.015
Sep 05
Able 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 | -3.8% | -1.3% | -1.5% |
| 1Y | 56.9% | 7.5% | 19.6% |
Return vs Industry: ABLEGLOB exceeded the MY Food industry which returned 7.5% over the past year.
Return vs Market: ABLEGLOB exceeded the MY Market which returned 19.6% over the past year.
Price Volatility
| ABLEGLOB volatility | |
|---|---|
| ABLEGLOB Average Weekly Movement | 3.8% |
| Food Industry Average Movement | 4.1% |
| Market Average Movement | 5.3% |
| 10% most volatile stocks in MY Market | 11.2% |
| 10% least volatile stocks in MY Market | 2.6% |
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
| 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 | RM627.43m |
| Earnings (TTM) | RM59.94m |
| Revenue (TTM) | RM673.21m |
10.5x
P/E Ratio0.9x
P/S RatioIs ABLEGLOB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABLEGLOB income statement (TTM) | |
|---|---|
| Revenue | RM673.21m |
| Cost of Revenue | RM512.75m |
| Gross Profit | RM160.46m |
| Other Expenses | RM100.52m |
| Earnings | RM59.94m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 23.84% |
| Net Profit Margin | 8.90% |
| Debt/Equity Ratio | 57.3% |
How did ABLEGLOB perform over the long term?
See historical performance and comparison