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

MSM is expensive based on its Price-To-Earnings Ratio (52.8x) compared to the peer average (11.3x).

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

MSM is expensive based on its Price-To-Earnings Ratio (52.8x) compared to the MY Food industry average (13.6x).

What is MSM'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.

MSM is expensive based on its Price-To-Earnings Ratio (52.8x) compared to the estimated Fair Price-To-Earnings Ratio (47.8x).

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

MSM (MYR1.21) is trading above our estimate of [[fair value]] (MYR0.26)

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

Target price is less than 20% higher than the current share price.

MSM Malaysia Holdings Berhad (KLSE:MSM) - Stock Price, News & Analysis

MSM Stock Overview

Produces, refines, markets, and sells refined sugar products in Malaysia. More details

MSM fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	2/6
Financial Health	1/6
Dividends	0/6

Rewards

Earnings are forecast to grow 68.64% per year

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Volatile share price over the past 3 months compared to the MY market

MSM Malaysia Holdings Berhad Competitors

Ajinomoto (Malaysia) Berhad

KLSE:AJI

RM 920.5m

CCK Consolidated Holdings Berhad

KLSE:CCK

RM 950.0m

Malayan Flour Mills Berhad

KLSE:MFLOUR

RM 780.7m

Teo Seng Capital Berhad

KLSE:TEOSENG

RM 714.3m

Price History & Performance

Summary of all time highs, changes and price drops for MSM Malaysia Holdings Berhad
Historical stock prices
Current Share Price	RM 1.21
52 Week High	RM 3.70
52 Week Low	RM 1.03
Beta	0.89
11 Month Change	-6.20%
3 Month Change	-18.24%
1 Year Change	-11.68%
33 Year Change	-22.93%
5 Year Change	38.29%
Change since IPO	-75.26%

Is Now An Opportune Moment To Examine MSM Malaysia Holdings Berhad (KLSE:MSM)?

Nov 19

Returns On Capital Are Showing Encouraging Signs At MSM Malaysia Holdings Berhad (KLSE:MSM)

Oct 23

MSM Malaysia Holdings Berhad (KLSE:MSM) Analysts Just Cut Their EPS Forecasts Substantially

Oct 01

Recent updates

Is Now An Opportune Moment To Examine MSM Malaysia Holdings Berhad (KLSE:MSM)?

Nov 19

Returns On Capital Are Showing Encouraging Signs At MSM Malaysia Holdings Berhad (KLSE:MSM)

Oct 23

MSM Malaysia Holdings Berhad (KLSE:MSM) Analysts Just Cut Their EPS Forecasts Substantially

Oct 01

MSM Malaysia Holdings Berhad (KLSE:MSM) Might Not Be As Mispriced As It Looks After Plunging 26%

Aug 19

Is Now An Opportune Moment To Examine MSM Malaysia Holdings Berhad (KLSE:MSM)?

Aug 01

It's Down 26% But MSM Malaysia Holdings Berhad (KLSE:MSM) Could Be Riskier Than It Looks

Jun 05

Impressive Earnings May Not Tell The Whole Story For MSM Malaysia Holdings Berhad (KLSE:MSM)

Jun 04

Even With A 27% Surge, Cautious Investors Are Not Rewarding MSM Malaysia Holdings Berhad's (KLSE:MSM) Performance Completely

Mar 21

Here's Why MSM Malaysia Holdings Berhad (KLSE:MSM) Has A Meaningful Debt Burden

Feb 29

A Piece Of The Puzzle Missing From MSM Malaysia Holdings Berhad's (KLSE:MSM) Share Price

Jan 05

Is MSM Malaysia Holdings Berhad (KLSE:MSM) A Risky Investment?

Sep 14

It's A Story Of Risk Vs Reward With MSM Malaysia Holdings Berhad (KLSE:MSM)

Jul 14

MSM Malaysia Holdings Berhad (KLSE:MSM) Has Debt But No Earnings; Should You Worry?

May 26

Does MSM Malaysia Holdings Berhad (KLSE:MSM) Have A Healthy Balance Sheet?

May 30

MSM Malaysia Holdings Berhad (KLSE:MSM) Will Be Looking To Turn Around Its Returns

Mar 23

Is MSM Malaysia Holdings Berhad (KLSE:MSM) Potentially Undervalued?

Feb 23

Robust Earnings May Not Tell The Whole Story For MSM Malaysia Holdings Berhad (KLSE:MSM)

Sep 01

Shareholder Returns

	MSM	MY Food	MY Market
7D	-6.2%	-2.2%	0.04%
1Y	-11.7%	6.4%	9.3%

Return vs Industry: MSM underperformed the MY Food industry which returned 6.4% over the past year.

Return vs Market: MSM underperformed the MY Market which returned 9.3% over the past year.

Price Volatility

Is MSM's price volatile compared to industry and market?
MSM volatility
MSM Average Weekly Movement	9.2%
Food Industry Average Movement	4.0%
Market Average Movement	5.0%
10% most volatile stocks in MY Market	10.2%
10% least volatile stocks in MY Market	2.5%

Stable Share Price: MSM's share price has been volatile over the past 3 months compared to the MY market.

Volatility Over Time: MSM's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

Founded	Employees	CEO	Website
1964	1,110	Syed Feizal Mohammad	www.msmsugar.com

MSM Malaysia Holdings Berhad produces, refines, markets, and sells refined sugar products in Malaysia. It provides coarse grain, caster, fine granulated, soft brown, icing, cube, and quality cup pack sugar products under the Gula Prai brand name. The company also offers sugar premix, fine grain sugar, liquid sugar, molasses, fine syrup, and sucralose and stevia mix.

MSM Malaysia Holdings Berhad Fundamentals Summary

How do MSM Malaysia Holdings Berhad's earnings and revenue compare to its market cap?
MSM fundamental statistics
Market cap	RM 850.61m
Earnings (TTM)	RM 16.12m
Revenue (TTM)	RM 3.50b

52.8x

P/E Ratio

0.2x

P/S Ratio

Is MSM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSM income statement (TTM)
Revenue	RM 3.50b
Cost of Revenue	RM 3.31b
Gross Profit	RM 189.89m
Other Expenses	RM 173.76m
Earnings	RM 16.12m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.023
Gross Margin	5.43%
Net Profit Margin	0.46%
Debt/Equity Ratio	74.1%

How did MSM perform over the long term?

See historical performance and comparison

MSM Stock Overview

Rewards

Risk Analysis

MSM Malaysia Holdings Berhad Competitors

KLSE:AJI

RM 920.5m

KLSE:CCK

RM 950.0m

KLSE:MFLOUR

RM 780.7m

KLSE:TEOSENG

RM 714.3m

Price History & Performance

Recent News & Updates

Is Now An Opportune Moment To Examine MSM Malaysia Holdings Berhad (KLSE:MSM)?

Returns On Capital Are Showing Encouraging Signs At MSM Malaysia Holdings Berhad (KLSE:MSM)

Investor sentiment improves as stock rises 16%

MSM Malaysia Holdings Berhad (KLSE:MSM) Analysts Just Cut Their EPS Forecasts Substantially

Consensus revenue estimates fall by 10%

Msm Malaysia Holdings Berhad Announces Resignation of Dato' Mohd Nazrul Izam Bin Mansor as Non Independent and Non Executive Director

Recent updates

Is Now An Opportune Moment To Examine MSM Malaysia Holdings Berhad (KLSE:MSM)?

Returns On Capital Are Showing Encouraging Signs At MSM Malaysia Holdings Berhad (KLSE:MSM)

Investor sentiment improves as stock rises 16%

MSM Malaysia Holdings Berhad (KLSE:MSM) Analysts Just Cut Their EPS Forecasts Substantially

Consensus revenue estimates fall by 10%

Msm Malaysia Holdings Berhad Announces Resignation of Dato' Mohd Nazrul Izam Bin Mansor as Non Independent and Non Executive Director

Investor sentiment deteriorates as stock falls 22%

Second quarter 2024 earnings released: RM0.046 loss per share (vs RM0.03 loss in 2Q 2023)

MSM Malaysia Holdings Berhad (KLSE:MSM) Might Not Be As Mispriced As It Looks After Plunging 26%

MSM Malaysia Holdings Berhad Appoints Suzana Idayu Wati Binti Osman as Non Independent and Non Executive Member of Nomination and Remuneration Committee

MSM Malaysia Holdings Berhad Announces Chief Financial Officer Changes

MSM Malaysia Holdings Berhad Appoints Encik Nur Izwan Mohd Nawawi as Interim Chief Financial Officer

Investor sentiment deteriorates as stock falls 18%

Is Now An Opportune Moment To Examine MSM Malaysia Holdings Berhad (KLSE:MSM)?

Msm Malaysia Holdings Berhad Announces Cessation for Office of Puan Nik Fazila Binti Nik Mohamed Shihabuddin as Non Independent and Non Executive Member of Nomination and Remuneration Committee

It's Down 26% But MSM Malaysia Holdings Berhad (KLSE:MSM) Could Be Riskier Than It Looks

Impressive Earnings May Not Tell The Whole Story For MSM Malaysia Holdings Berhad (KLSE:MSM)

MSM Malaysia Holdings Berhad, Annual General Meeting, Jun 06, 2024

Price target increased by 18% to RM3.83

Even With A 27% Surge, Cautious Investors Are Not Rewarding MSM Malaysia Holdings Berhad's (KLSE:MSM) Performance Completely

Here's Why MSM Malaysia Holdings Berhad (KLSE:MSM) Has A Meaningful Debt Burden

Full year 2023 earnings released: RM0.071 loss per share (vs RM0.25 loss in FY 2022)

New minor risk - Share price stability

MSM Malaysia Holdings Berhad Appoints Choy Khai Choon as Independent and Non Executive Member of Nomination and Remuneration Committee

A Piece Of The Puzzle Missing From MSM Malaysia Holdings Berhad's (KLSE:MSM) Share Price

Third quarter 2023 earnings released: RM0.051 loss per share (vs RM0.10 loss in 3Q 2022)

Is MSM Malaysia Holdings Berhad (KLSE:MSM) A Risky Investment?

Second quarter 2023 earnings released: RM0.081 loss per share (vs RM0.048 loss in 2Q 2022)

It's A Story Of Risk Vs Reward With MSM Malaysia Holdings Berhad (KLSE:MSM)

First quarter 2023 earnings released: RM0.051 loss per share (vs RM0.039 loss in 1Q 2022)

Price target increased by 22% to RM1.03

MSM Malaysia Holdings Berhad (KLSE:MSM) Has Debt But No Earnings; Should You Worry?

Full year 2022 earnings released: RM0.25 loss per share (vs RM0.052 profit in FY 2021)

MSM Malaysia Holdings Berhad Announces Resignation of Encik Azman Bin Ahmad as Non Independent and Non Executive Director

MSM Malaysia Holdings Berhad Announces Resignation of AB Aziz Bin Ismail as Chief Financial Officer

Consensus EPS estimates fall by 470%

MSM Malaysia Holdings Berhad Appoints Raja Faridah Binti Raja Ahmad as Non Independent and Non Executive Member of Nomination and Remuneration Committee

Third quarter 2022 earnings released: RM0.10 loss per share (vs RM0.013 profit in 3Q 2021)

High number of new and inexperienced directors

MSM Malaysia Holdings Berhad Announces Resignation of Dato' Amir Hamdan Bin Hj Yusof as Nominee Director of Koperasi Permodalan Felda Malaysia Berhad

Msm Malaysia Holdings Berhad Announces Cessation of Datuk Lim Thean Shiang as Independent and Non Executive Member of Audit Committee

Second quarter 2022 earnings released: RM0.048 loss per share (vs RM0.019 profit in 2Q 2021)

MSM Malaysia Holdings Berhad Announces Cessation of Lim Thean Shiang as Independent and Non Executive Director

MSM Malaysia Holdings Berhad Announces the Resignation of Koo Shuang Yen as Company Secretary

MSM Malaysia Holdings Berhad Appoints Azni Binti Ariffin as Joint Secretary

Does MSM Malaysia Holdings Berhad (KLSE:MSM) Have A Healthy Balance Sheet?

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target decreased to RM1.09

High number of new and inexperienced directors

Consensus forecasts updated

MSM Malaysia Holdings Berhad (KLSE:MSM) Will Be Looking To Turn Around Its Returns

Inaugural dividend of RM0.03 per share

Inaugural dividend of RM0.03 per share

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Is MSM Malaysia Holdings Berhad (KLSE:MSM) Potentially Undervalued?

Consensus forecasts updated

Third quarter 2021 earnings: EPS and revenues exceed analyst expectations

Price target decreased to RM1.54

Investor sentiment deteriorated over the past week