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QL

QL Resources Berhad KLSE:QL Stock Report

Last Price

RM5.15

Market Cap

RM12.5b

7D

3.0%

1Y

-9.6%

Updated

25 Jun, 2022

Data

Company Financials +
QL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends0/6

QL Stock Overview

QL Resources Berhad, an investment holding company, engages in the integrated livestock farming, marine products manufacturing, and palm oil and biomass energy activities in Malaysia, Indonesia, Vietnam, China, and Singapore.

QL Resources Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for QL Resources Berhad
Historical stock prices
Current Share PriceRM5.15
52 Week HighRM5.75
52 Week LowRM4.45
Beta0.16
1 Month Change4.04%
3 Month Change4.68%
1 Year Change-9.65%
3 Year Change12.94%
5 Year Change103.29%
Change since IPO3,191.32%

Recent News & Updates

Jun 20
Is QL Resources Berhad (KLSE:QL) Using Too Much Debt?

Is QL Resources Berhad (KLSE:QL) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Jun 01
QL Resources Berhad Just Beat Revenue By 6.4%: Here's What Analysts Think Will Happen Next

QL Resources Berhad Just Beat Revenue By 6.4%: Here's What Analysts Think Will Happen Next

It's been a good week for QL Resources Berhad ( KLSE:QL ) shareholders, because the company has just released its...

Apr 30
Does QL Resources Berhad (KLSE:QL) Deserve A Spot On Your Watchlist?

Does QL Resources Berhad (KLSE:QL) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Apr 14
Slowing Rates Of Return At QL Resources Berhad (KLSE:QL) Leave Little Room For Excitement

Slowing Rates Of Return At QL Resources Berhad (KLSE:QL) Leave Little Room For Excitement

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

QLMY FoodMY Market
7D3.0%-2.4%-1.2%
1Y-9.6%-1.8%-8.7%

Return vs Industry: QL underperformed the MY Food industry which returned -1.8% over the past year.

Return vs Market: QL matched the MY Market which returned -8.7% over the past year.

Price Volatility

Is QL's price volatile compared to industry and market?
QL volatility
QL Average Weekly Movement3.9%
Food Industry Average Movement4.9%
Market Average Movement5.5%
10% most volatile stocks in MY Market11.4%
10% least volatile stocks in MY Market2.9%

Stable Share Price: QL is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: QL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a12,300Song Chiahttps://www.ql.com.my

QL Resources Berhad, an investment holding company, engages in the integrated livestock farming, marine products manufacturing, and palm oil and biomass energy activities in Malaysia, Indonesia, Vietnam, China, and Singapore. It is also involved in the deep-sea fishing and aquaculture farming activities; manufacture and sale of fishmeal, surimi, and surimi based products, as well as a range of seafood-based consumer foods under the Mushroom and Figo brands. In addition, the company processes and sells animal feed; produces poultry eggs, day old chicks, and broilers; cultivates, processes, and markets oil palm products; and owns approximately 20,000 hectares of plantation in Indonesia.

QL Resources Berhad Fundamentals Summary

How do QL Resources Berhad's earnings and revenue compare to its market cap?
QL fundamental statistics
Market CapRM12.53b
Earnings (TTM)RM217.32m
Revenue (TTM)RM5.25b

57.7x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
QL income statement (TTM)
RevenueRM5.25b
Cost of RevenueRM4.66b
Gross ProfitRM588.78m
Other ExpensesRM371.46m
EarningsRM217.32m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.089
Gross Margin11.22%
Net Profit Margin4.14%
Debt/Equity Ratio50.3%

How did QL perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

39%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

QL 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/Revenue2.6x
Enterprise Value/EBITDA23.5x
PEG Ratio3.9x

Price to Earnings Ratio vs Peers

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

QL PE Ratio vs Peers
The above table shows the PE ratio for QL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average29.9x

Price-To-Earnings vs Peers: QL is expensive based on its Price-To-Earnings Ratio (57.7x) compared to the peer average (29.9x).


Price to Earnings Ratio vs Industry

How does QL's PE Ratio compare vs other companies in the Malaysian Food Industry?

Price-To-Earnings vs Industry: QL is expensive based on its Price-To-Earnings Ratio (57.7x) compared to the MY Food industry average (12.2x)


Price to Earnings Ratio vs Fair Ratio

What is QL'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.

QL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio57.7x
Fair PE Ratio24.6x

Price-To-Earnings vs Fair Ratio: QL is expensive based on its Price-To-Earnings Ratio (57.7x) compared to the estimated Fair Price-To-Earnings Ratio (24.6x).


Share Price vs Fair Value

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

Below Fair Value: QL (MYR5.15) is trading above our estimate of fair value (MYR2.02)

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


Price to Earnings Growth Ratio

PEG Ratio: QL is poor value based on its PEG Ratio (3.9x)


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Future Growth

How is QL Resources Berhad forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QL's forecast earnings growth (15% per year) is above the savings rate (3.6%).

Earnings vs Market: QL's earnings (15% per year) are forecast to grow faster than the MY market (9.9% per year).

High Growth Earnings: QL's earnings are forecast to grow, but not significantly.

Revenue vs Market: QL's revenue (7.4% per year) is forecast to grow faster than the MY market (5.2% per year).

High Growth Revenue: QL's revenue (7.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: QL's Return on Equity is forecast to be low in 3 years time (11.8%).


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Past Performance

How has QL Resources Berhad performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: QL has high quality earnings.

Growing Profit Margin: QL's current net profit margins (4.1%) are lower than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: QL's earnings have grown by 7.6% per year over the past 5 years.

Accelerating Growth: QL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: QL had negative earnings growth (-30.3%) over the past year, making it difficult to compare to the Food industry average (35.1%).


Return on Equity

High ROE: QL's Return on Equity (8.7%) is considered low.


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Financial Health

How is QL Resources Berhad's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: QL's short term assets (MYR2.1B) exceed its short term liabilities (MYR1.5B).

Long Term Liabilities: QL's short term assets (MYR2.1B) exceed its long term liabilities (MYR746.6M).


Debt to Equity History and Analysis

Debt Level: QL's net debt to equity ratio (32.6%) is considered satisfactory.

Reducing Debt: QL's debt to equity ratio has increased from 50.2% to 50.3% over the past 5 years.

Debt Coverage: QL's debt is well covered by operating cash flow (37.7%).

Interest Coverage: QL's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


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Dividend

What is QL Resources 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

  • Future Dividend Coverage


0.68%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: QL's dividend (0.68%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (2.15%).

High Dividend: QL's dividend (0.68%) is low compared to the top 25% of dividend payers in the MY market (4.91%).


Stability and Growth of Payments

Stable Dividend: QL is not paying a notable dividend for the MY market, therefore no need to check if payments are stable.

Growing Dividend: QL is not paying a notable dividend for the MY market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: QL is not paying a notable dividend for the MY market.


Cash Payout to Shareholders

Cash Flow Coverage: QL is not paying a notable dividend for the MY market.


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Management

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

1.7yrs

Average management tenure


CEO

Song Chia (61 yo)

4.17yrs

Tenure

RM2,734,000

Compensation

Mr. Song Kooi Chia has been Managing Director of Ql Resources Berhad since March 31, 2018 and has been its Executive Director since January 3, 2000. He has completed the Premier Business Management Program...


CEO Compensation Analysis

Compensation vs Market: Song's total compensation ($USD621.50K) is below average for companies of similar size in the MY market ($USD1.38M).

Compensation vs Earnings: Song's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: QL's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: QL'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

QL Resources Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: QL Resources Berhad
  • Ticker: QL
  • Exchange: KLSE
  • Founded: NaN
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: RM12.533b
  • Shares outstanding: 2.43b
  • Website: https://www.ql.com.my

Number of Employees


Location

  • QL Resources Berhad
  • No. 16A, Jalan Astaka U8/83
  • Bukit Jelutong
  • Shah Alam
  • Selangor
  • 40150
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.