company background image
RSAW

Rimbunan Sawit Berhad KLSE:RSAWIT Stock Report

Last Price

RM0.15

Market Cap

RM326.7m

7D

-3.1%

1Y

-32.6%

Updated

18 Aug, 2022

Data

Company Financials
RSAWIT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends0/6

RSAWIT Stock Overview

Rimbunan Sawit Berhad, an investment holding company, engages in the cultivation of oil palm in Malaysia.

Rimbunan Sawit Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rimbunan Sawit Berhad
Historical stock prices
Current Share PriceRM0.15
52 Week HighRM0.30
52 Week LowRM0.15
Beta1.84
1 Month Change0%
3 Month Change-35.42%
1 Year Change-32.61%
3 Year Change0%
5 Year Change-64.37%
Change since IPO-71.30%

Recent News & Updates

Jun 06
Rimbunan Sawit Berhad's (KLSE:RSAWIT) Promising Earnings May Rest On Soft Foundations

Rimbunan Sawit Berhad's (KLSE:RSAWIT) Promising Earnings May Rest On Soft Foundations

Despite posting some strong earnings, the market for Rimbunan Sawit Berhad's ( KLSE:RSAWIT ) stock hasn't moved much...

May 11
Is Rimbunan Sawit Berhad (KLSE:RSAWIT) A Risky Investment?

Is Rimbunan Sawit Berhad (KLSE:RSAWIT) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

RSAWITMY FoodMY Market
7D-3.1%2.2%1.7%
1Y-32.6%5.1%-4.0%

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

Return vs Market: RSAWIT underperformed the MY Market which returned -4% over the past year.

Price Volatility

Is RSAWIT's price volatile compared to industry and market?
RSAWIT volatility
RSAWIT Average Weekly Movement6.7%
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: RSAWIT is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RSAWIT's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/an/ahttps://www.rsb.com.my

Rimbunan Sawit Berhad, an investment holding company, engages in the cultivation of oil palm in Malaysia. It offers crude palm oil, fresh fruit bunches, and palm kernel. The company owns approximately 69,909 hectares of plantation land in Miri, Kuching, and Sibu, Sarawak; and operates a palm oil mill in Bok Land District, Miri, Sarawak.

Rimbunan Sawit Berhad Fundamentals Summary

How do Rimbunan Sawit Berhad's earnings and revenue compare to its market cap?
RSAWIT fundamental statistics
Market CapRM326.68m
Earnings (TTM)RM7.91m
Revenue (TTM)RM601.19m

40.1x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RSAWIT income statement (TTM)
RevenueRM601.19m
Cost of RevenueRM533.46m
Gross ProfitRM67.74m
Other ExpensesRM59.83m
EarningsRM7.91m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.0039
Gross Margin11.27%
Net Profit Margin1.32%
Debt/Equity Ratio100.7%

How did RSAWIT perform over the long term?

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

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 RSAWIT?

Other financial metrics that can be useful for relative valuation.

RSAWIT 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/Revenue1.1x
Enterprise Value/EBITDA8.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

RSAWIT PE Ratio vs Peers
The above table shows the PE ratio for RSAWIT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.9x
PLS PLS Plantations Berhad
12.2xn/aRM369.7m
KLUANG Kluang Rubber Company (Malaya) Berhad
23.6xn/aRM244.5m
NSOP Negri Sembilan Oil Palms Berhad
8.6xn/aRM249.2m
CEPAT Cepatwawasan Group Berhad
3.2xn/aRM214.7m
RSAWIT Rimbunan Sawit Berhad
40.1xn/aRM316.5m

Price-To-Earnings vs Peers: RSAWIT is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the peer average (11.9x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: RSAWIT is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the MY Food industry average (12x)


Price to Earnings Ratio vs Fair Ratio

What is RSAWIT'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.

RSAWIT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40.1x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: RSAWIT (MYR0.16) is trading below our estimate of fair value (MYR0.48)

Significantly Below Fair Value: RSAWIT is trading below fair value by more than 20%.


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.


Discover undervalued companies

Future Growth

How is Rimbunan Sawit 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 Rimbunan Sawit 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 Rimbunan Sawit 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


26.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RSAWIT has a large one-off gain of MYR4.2M impacting its March 31 2022 financial results.

Growing Profit Margin: RSAWIT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RSAWIT has become profitable over the past 5 years, growing earnings by 26.8% per year.

Accelerating Growth: RSAWIT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RSAWIT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (46%).


Return on Equity

High ROE: RSAWIT's Return on Equity (1.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Rimbunan Sawit Berhad's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RSAWIT's short term assets (MYR71.8M) do not cover its short term liabilities (MYR281.9M).

Long Term Liabilities: RSAWIT's short term assets (MYR71.8M) do not cover its long term liabilities (MYR232.4M).


Debt to Equity History and Analysis

Debt Level: RSAWIT's net debt to equity ratio (98.8%) is considered high.

Reducing Debt: RSAWIT's debt to equity ratio has increased from 71.3% to 100.7% over the past 5 years.

Debt Coverage: RSAWIT's debt is not well covered by operating cash flow (19.5%).

Interest Coverage: RSAWIT's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Rimbunan Sawit 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 RSAWIT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RSAWIT'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 RSAWIT's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

16.5yrs

Average board tenure


CEO

Rimbunan Sawit Berhad has no CEO, or we have no data on them.


Board Members

Experienced Board: RSAWIT's board of directors are seasoned and experienced ( 16.5 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

Rimbunan Sawit Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Rimbunan Sawit Berhad
  • Ticker: RSAWIT
  • Exchange: KLSE
  • Founded: 1993
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: RM326.676m
  • Shares outstanding: 2.04b
  • Website: https://www.rsb.com.my

Location

  • Rimbunan Sawit Berhad
  • Menara Rimbunan Hijau
  • North Wing
  • Sibu
  • Sarawak
  • 96000
  • 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 Earnings2021/12/31


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.