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PLS

PLS Plantations Berhad KLSE:PLS Stock Report

Last Price

RM0.93

Market Cap

RM369.7m

7D

-0.5%

1Y

1.6%

Updated

18 Aug, 2022

Data

Company Financials
PLS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

PLS Stock Overview

PLS Plantations Berhad, an investment holding company, primarily engages in the operation and management of oil palm plantation in Malaysia.

PLS Plantations Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PLS Plantations Berhad
Historical stock prices
Current Share PriceRM0.93
52 Week HighRM1.17
52 Week LowRM0.86
Beta0.64
1 Month Change-1.07%
3 Month Change-9.31%
1 Year Change1.65%
3 Year Change12.81%
5 Year Change-9.31%
Change since IPO-32.48%

Recent News & Updates

Apr 15
Does PLS Plantations Berhad (KLSE:PLS) Deserve A Spot On Your Watchlist?

Does PLS Plantations Berhad (KLSE:PLS) Deserve A Spot On Your Watchlist?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

PLSMY FoodMY Market
7D-0.5%2.2%1.7%
1Y1.6%5.1%-4.0%

Return vs Industry: PLS underperformed the MY Food industry which returned 5.1% over the past year.

Return vs Market: PLS exceeded the MY Market which returned -4% over the past year.

Price Volatility

Is PLS's price volatile compared to industry and market?
PLS volatility
PLS Average Weekly Movementn/a
Food Industry Average Movement4.5%
Market Average Movement5.6%
10% most volatile stocks in MY Market11.8%
10% least volatile stocks in MY Market2.7%

Stable Share Price: Insufficient data to determine PLS's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine PLS's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987549Hun Leehttps://www.plsplantations.my

PLS Plantations Berhad, an investment holding company, primarily engages in the operation and management of oil palm plantation in Malaysia. It operates through Construction, Plantation, Investment Holding, and Trading segments. The company is also involved in the operation and management of a forest plantation, logging, saw milling, chipping, and other downstream manufacturing and related activities; and operation and management, maintenance, and harvesting of durian plantation.

PLS Plantations Berhad Fundamentals Summary

How do PLS Plantations Berhad's earnings and revenue compare to its market cap?
PLS fundamental statistics
Market CapRM369.68m
Earnings (TTM)RM30.37m
Revenue (TTM)RM168.79m

12.2x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PLS income statement (TTM)
RevenueRM168.79m
Cost of RevenueRM103.30m
Gross ProfitRM65.49m
Other ExpensesRM35.13m
EarningsRM30.37m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.076
Gross Margin38.80%
Net Profit Margin17.99%
Debt/Equity Ratio33.0%

How did PLS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PLS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PLS?

Other financial metrics that can be useful for relative valuation.

PLS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3x
Enterprise Value/EBITDA6.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

PLS PE Ratio vs Peers
The above table shows the PE ratio for PLS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.3x
RSAWIT Rimbunan Sawit Berhad
40.1xn/aRM316.5m
TDM TDM Berhad
4.8xn/aRM361.8m
KLUANG Kluang Rubber Company (Malaya) Berhad
23.6xn/aRM244.5m
RVIEW Riverview Rubber Estates Berhad
8.9xn/aRM216.0m
PLS PLS Plantations Berhad
12.2xn/aRM369.7m

Price-To-Earnings vs Peers: PLS is good value based on its Price-To-Earnings Ratio (12.2x) compared to the peer average (19.3x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: PLS is expensive based on its Price-To-Earnings Ratio (12.2x) compared to the MY Food industry average (12x)


Price to Earnings Ratio vs Fair Ratio

What is PLS'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.

PLS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PLS's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: PLS (MYR0.93) is trading above our estimate of fair value (MYR0.33)

Significantly Below Fair Value: PLS is trading above our estimate of fair value.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is PLS Plantations Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-7.5%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PLS Plantations Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has PLS Plantations Berhad performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


47.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PLS has high quality earnings.

Growing Profit Margin: PLS's current net profit margins (18%) are higher than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: PLS has become profitable over the past 5 years, growing earnings by 47.2% per year.

Accelerating Growth: PLS's earnings growth over the past year (403.9%) exceeds its 5-year average (47.2% per year).

Earnings vs Industry: PLS earnings growth over the past year (403.9%) exceeded the Food industry 46%.


Return on Equity

High ROE: PLS's Return on Equity (11.5%) is considered low.


Discover strong past performing companies

Financial Health

How is PLS Plantations Berhad's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PLS's short term assets (MYR118.4M) exceed its short term liabilities (MYR63.3M).

Long Term Liabilities: PLS's short term assets (MYR118.4M) do not cover its long term liabilities (MYR134.7M).


Debt to Equity History and Analysis

Debt Level: PLS's net debt to equity ratio (22.2%) is considered satisfactory.

Reducing Debt: PLS's debt to equity ratio has increased from 18% to 33% over the past 5 years.

Debt Coverage: PLS's debt is well covered by operating cash flow (22.7%).

Interest Coverage: PLS's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


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Dividend

What is PLS Plantations Berhad current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PLS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PLS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PLS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PLS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PLS has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average board tenure


CEO

Hun Lee (45 yo)

0.083yr

Tenure

RM22,500

Compensation

Mr. Hun Kheng Lee has been Group Chief Executive Officer of PLS Plantations Berhad since July 01, 2022. He has been an Executive Director of PLS Plantations Berhad since August 1, 2008. He has been the Chi...


Board Members

Experienced Board: PLS's board of directors are considered experienced (3.5 years average tenure).


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

PLS Plantations Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: PLS Plantations Berhad
  • Ticker: PLS
  • Exchange: KLSE
  • Founded: 1987
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: RM369.682m
  • Shares outstanding: 399.66m
  • Website: https://www.plsplantations.my

Number of Employees


Location

  • PLS Plantations Berhad
  • Menara TSR
  • Unit 9-01, Level 9
  • Petaling Jaya
  • Selangor
  • 47810
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.