| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
FGV Stock Overview
FGV Holdings Berhad engages in the agri-business in Malaysia and internationally.
FGV Holdings Berhad Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM1.52 |
| 52 Week High | RM1.67 |
| 52 Week Low | RM1.27 |
| Beta | 1.4 |
| 1 Month Change | 2.70% |
| 3 Month Change | 5.56% |
| 1 Year Change | 16.92% |
| 3 Year Change | 49.02% |
| 5 Year Change | -18.72% |
| Change since IPO | -71.32% |
Recent News & Updates
We Think FGV Holdings Berhad (KLSE:FGV) Is Taking Some Risk With Its Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Shareholder Returns
| FGV | MY Food | MY Market | |
|---|---|---|---|
| 7D | 2.0% | -1.2% | -1.7% |
| 1Y | 16.9% | -9.2% | -4.4% |
Return vs Industry: FGV exceeded the MY Food industry which returned -9.2% over the past year.
Return vs Market: FGV exceeded the MY Market which returned -4.4% over the past year.
Price Volatility
| FGV volatility | |
|---|---|
| FGV Average Weekly Movement | 2.0% |
| Food Industry Average Movement | 4.6% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in MY Market | 12.4% |
| 10% least volatile stocks in MY Market | 2.7% |
Stable Share Price: FGV is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: FGV's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1956 | 15,660 | Mohd Nazrul Bin Mansor | https://www.fgvholdings.com |
FGV Holdings Berhad engages in the agri-business in Malaysia and internationally. The company’s Plantation segment cultivates, harvests, produces, and processes fresh fruit bunches into crude palm oil (CPO) and palm kernel (PK); refines CPO; fractionates refined bleached deodorized palm oil and olein; crushes PK; processes and sells biodiesel products; and produces fatty acids and glycerin, graphene and nanotubes, and consumer bulk and packed products. It is also involved in trading CPO, bulking, and transportation facilities, engineering, information technology, security, and travel operations; rubber processing; research and development activities; processing fertilizers; and selling planting materials.
FGV Holdings Berhad Fundamentals Summary
| FGV fundamental statistics | |
|---|---|
| Market Cap | RM5.55b |
| Earnings (TTM) | RM833.85m |
| Revenue (TTM) | RM17.40b |
6.7x
P/E Ratio0.3x
P/S RatioIs FGV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FGV income statement (TTM) | |
|---|---|
| Revenue | RM17.40b |
| Cost of Revenue | RM15.12b |
| Gross Profit | RM2.28b |
| Expenses | RM1.44b |
| Earnings | RM833.85m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.23 |
| Gross Margin | 13.09% |
| Net Profit Margin | 4.79% |
| Debt/Equity Ratio | 62.2% |
How did FGV perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield13%
Payout RatioValuation
Is FGV Holdings Berhad undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FGV (MYR1.52) is trading below our estimate of fair value (MYR4.79)
Significantly Below Fair Value: FGV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FGV is good value based on its PE Ratio (6.7x) compared to the MY Food industry average (13.7x).
PE vs Market: FGV is good value based on its PE Ratio (6.7x) compared to the MY market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: FGV's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FGV is overvalued based on its PB Ratio (1.1x) compared to the MY Food industry average (1x).
Future Growth
How is FGV Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
-29.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FGV's earnings are forecast to decline over the next 3 years (-29.8% per year).
Earnings vs Market: FGV's earnings are forecast to decline over the next 3 years (-29.8% per year).
High Growth Earnings: FGV's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FGV's revenue is expected to decline over the next 3 years (-4.5% per year).
High Growth Revenue: FGV's revenue is forecast to decline over the next 3 years (-4.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FGV's Return on Equity is forecast to be low in 3 years time (5.7%).
Past Performance
How has FGV Holdings Berhad performed over the past 5 years?
11.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FGV has high quality earnings.
Growing Profit Margin: FGV's current net profit margins (4.8%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: FGV has become profitable over the past 5 years, growing earnings by 11.6% per year.
Accelerating Growth: FGV's earnings growth over the past year (859.6%) exceeds its 5-year average (11.6% per year).
Earnings vs Industry: FGV earnings growth over the past year (859.6%) exceeded the Food industry 47.5%.
Return on Equity
High ROE: FGV's Return on Equity (13.9%) is considered low.
Financial Health
How is FGV Holdings Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: FGV's short term assets (MYR5.4B) exceed its short term liabilities (MYR4.8B).
Long Term Liabilities: FGV's short term assets (MYR5.4B) do not cover its long term liabilities (MYR6.1B).
Debt to Equity History and Analysis
Debt Level: FGV's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: FGV's debt to equity ratio has reduced from 65.8% to 62.2% over the past 5 years.
Debt Coverage: FGV's debt is well covered by operating cash flow (35.1%).
Interest Coverage: FGV's interest payments on its debt are well covered by EBIT (14.9x coverage).
Balance Sheet
Dividend
What is FGV Holdings Berhad current dividend yield, its reliability and sustainability?
1.97%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FGV's dividend (1.97%) is higher than the bottom 25% of dividend payers in the MY market (1.69%).
High Dividend: FGV's dividend (1.97%) is low compared to the top 25% of dividend payers in the MY market (4.44%).
Stability and Growth of Payments
Stable Dividend: FGV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FGV has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.1%), FGV's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FGV's dividends in 3 years are forecast to be well covered by earnings (38% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
Mohd Nazrul Bin Mansor (45 yo)
0.42
Tenure
Enick Mohd Nazrul Izam Bin Mansor is Group Chief Executive Officer at FGV Holdings Berhad since August 23, 2021. He had been the Chief Executive Officer of Felcra Berhad since October 22, 2018. He is a tra...
Leadership Team
Experienced Management: FGV's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: FGV's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
FGV Holdings Berhad's employee growth, exchange listings and data sources
Key Information
- Name: FGV Holdings Berhad
- Ticker: FGV
- Exchange: KLSE
- Founded: 1956
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: RM5.545b
- Shares outstanding: 3.65b
- Website: https://www.fgvholdings.com
Number of Employees
Location
- FGV Holdings Berhad
- Wisma FGV
- Level 21
- Kuala Lumpur
- Wilayah Persekutuan
- 50350
- Malaysia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 11:01 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.