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SOP

Sarawak Oil Palms Berhad KLSE:SOP Stock Report

Last Price

RM4.23

Market Cap

RM2.5b

7D

-9.4%

1Y

21.2%

Updated

25 Jun, 2022

Data

Company Financials +
SOP fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends4/6

SOP Stock Overview

Sarawak Oil Palms Berhad, an investment holding company, cultivates oil palms and operates palm oil mills in Malaysia, the Asia Pacific, and internationally.

Sarawak Oil Palms Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Sarawak Oil Palms Berhad
Historical stock prices
Current Share PriceRM4.23
52 Week HighRM7.22
52 Week LowRM3.30
Beta0.92
1 Month Change-28.18%
3 Month Change-26.69%
1 Year Change21.20%
3 Year Change76.25%
5 Year Change18.82%
Change since IPO895.30%

Recent News & Updates

Jun 14
Is Sarawak Oil Palms Berhad (KLSE:SOP) Potentially Undervalued?

Is Sarawak Oil Palms Berhad (KLSE:SOP) Potentially Undervalued?

While Sarawak Oil Palms Berhad ( KLSE:SOP ) might not be the most widely known stock at the moment, it received a lot...

May 24
Forecast: Analysts Think Sarawak Oil Palms Berhad's (KLSE:SOP) Business Prospects Have Improved Drastically

Forecast: Analysts Think Sarawak Oil Palms Berhad's (KLSE:SOP) Business Prospects Have Improved Drastically

Sarawak Oil Palms Berhad ( KLSE:SOP ) shareholders will have a reason to smile today, with the analysts making...

May 06
Sarawak Oil Palms Berhad (KLSE:SOP) Has Re-Affirmed Its Dividend Of RM0.06

Sarawak Oil Palms Berhad (KLSE:SOP) Has Re-Affirmed Its Dividend Of RM0.06

Sarawak Oil Palms Berhad's ( KLSE:SOP ) investors are due to receive a payment of RM0.06 per share on 15th of July. The...

Shareholder Returns

SOPMY FoodMY Market
7D-9.4%-2.4%-1.2%
1Y21.2%-1.8%-8.7%

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

Return vs Market: SOP exceeded the MY Market which returned -8.7% over the past year.

Price Volatility

Is SOP's price volatile compared to industry and market?
SOP volatility
SOP Average Weekly Movement6.6%
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: SOP is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19687,513Hee Wonghttps://www.sop.com.my

Sarawak Oil Palms Berhad, an investment holding company, cultivates oil palms and operates palm oil mills in Malaysia, the Asia Pacific, and internationally. It operates through two segments, Oil Palm and Property Development. The company processes fresh fruit bunches into crude palm oil.

Sarawak Oil Palms Berhad Fundamentals Summary

How do Sarawak Oil Palms Berhad's earnings and revenue compare to its market cap?
SOP fundamental statistics
Market CapRM2.51b
Earnings (TTM)RM625.83m
Revenue (TTM)RM5.08b

4.0x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOP income statement (TTM)
RevenueRM5.08b
Cost of RevenueRM3.83b
Gross ProfitRM1.25b
Other ExpensesRM623.14m
EarningsRM625.83m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.05
Gross Margin24.60%
Net Profit Margin12.33%
Debt/Equity Ratio26.3%

How did SOP perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

9%

Payout Ratio

Does SOP pay a reliable dividends?

See SOP dividend history and benchmarks
When do you need to buy SOP by to receive an upcoming dividend?
Sarawak Oil Palms Berhad dividend dates
Ex Dividend DateJun 29 2022
Dividend Pay DateJul 15 2022
Days until Ex dividend3 days
Days until Dividend pay date19 days

Does SOP pay a reliable dividends?

See SOP dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 SOP?

Other financial metrics that can be useful for relative valuation.

SOP 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/Revenue0.4x
Enterprise Value/EBITDA2.2x
PEG Ratio-0.2x

Price to Earnings Ratio vs Peers

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

SOP PE Ratio vs Peers
The above table shows the PE ratio for SOP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average6.5x

Price-To-Earnings vs Peers: SOP is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (6.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: SOP is good value based on its Price-To-Earnings Ratio (4x) compared to the MY Food industry average (12.2x)


Price to Earnings Ratio vs Fair Ratio

What is SOP'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.

SOP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4x
Fair PE Ratio11.3x

Price-To-Earnings vs Fair Ratio: SOP is good value based on its Price-To-Earnings Ratio (4x) compared to the estimated Fair Price-To-Earnings Ratio (11.3x).


Share Price vs Fair Value

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

Below Fair Value: SOP (MYR4.23) is trading below our estimate of fair value (MYR8.55)

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


Price to Earnings Growth Ratio

PEG Ratio: SOP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is Sarawak Oil Palms Berhad forecast to perform in the next 1 to 3 years based on estimates from 5 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


-21.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOP's earnings are forecast to decline over the next 3 years (-21.5% per year).

Earnings vs Market: SOP's earnings are forecast to decline over the next 3 years (-21.5% per year).

High Growth Earnings: SOP's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SOP's revenue is expected to decline over the next 3 years (-13.1% per year).

High Growth Revenue: SOP's revenue is forecast to decline over the next 3 years (-13.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SOP's Return on Equity is forecast to be low in 3 years time (9.7%).


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Past Performance

How has Sarawak Oil Palms Berhad performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


25.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SOP has high quality earnings.

Growing Profit Margin: SOP's current net profit margins (12.3%) are higher than last year (7%).


Past Earnings Growth Analysis

Earnings Trend: SOP's earnings have grown significantly by 25.4% per year over the past 5 years.

Accelerating Growth: SOP's earnings growth over the past year (195.2%) exceeds its 5-year average (25.4% per year).

Earnings vs Industry: SOP earnings growth over the past year (195.2%) exceeded the Food industry 35.1%.


Return on Equity

High ROE: SOP's Return on Equity (21%) is considered high.


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Financial Health

How is Sarawak Oil Palms Berhad's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SOP's short term assets (MYR2.0B) exceed its short term liabilities (MYR667.8M).

Long Term Liabilities: SOP's short term assets (MYR2.0B) exceed its long term liabilities (MYR907.8M).


Debt to Equity History and Analysis

Debt Level: SOP has more cash than its total debt.

Reducing Debt: SOP's debt to equity ratio has reduced from 73.8% to 26.3% over the past 5 years.

Debt Coverage: SOP's debt is well covered by operating cash flow (99.4%).

Interest Coverage: SOP's interest payments on its debt are well covered by EBIT (65.6x coverage).


Balance Sheet


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Dividend

What is Sarawak Oil Palms Berhad current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.84%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 26 2022Ex Dividend DateJun 29 2022Dividend Pay DateJul 15 202216 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: SOP's dividend (2.84%) is higher than the bottom 25% of dividend payers in the MY market (2.15%).

High Dividend: SOP's dividend (2.84%) is low compared to the top 25% of dividend payers in the MY market (4.91%).


Stability and Growth of Payments

Stable Dividend: SOP's dividend payments have been volatile in the past 10 years.

Growing Dividend: SOP's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.1%), SOP's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (10.3%), SOP's dividend payments are thoroughly covered by cash flows.


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Management

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

3.9yrs

Average management tenure


CEO

Hee Wong (59 yo)

24.42yrs

Tenure

Mr. Hee Kwong Wong has been the Group Chief Executive Officer of Sarawak Oil Palms Bhd since 2010. Mr. Wong served as Chief Executive Officer of Sarawak Oil Palms Berhad Group since 1998 until 2010. He wor...


Leadership Team

Experienced Management: SOP's management team is considered experienced (3.9 years average tenure).


Board Members

Experienced Board: SOP's board of directors are considered experienced (9.7 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 been diluted in the past year, with total shares outstanding growing by 3.8%.


Top Shareholders

Company Information

Sarawak Oil Palms Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Sarawak Oil Palms Berhad
  • Ticker: SOP
  • Exchange: KLSE
  • Founded: 1968
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: RM2.510b
  • Shares outstanding: 593.43m
  • Website: https://www.sop.com.my

Number of Employees


Location

  • Sarawak Oil Palms Berhad
  • No. 124-126, Jalan Bendahara
  • P.O. Box 547
  • Miri
  • Sarawak
  • 98007
  • 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 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.