THPLANT Stock Overview

An investment holding company, engages in the cultivation of oil palm in Malaysia and Indonesia. More details

THPLANT fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 74.8% below our estimate of its fair value

Earnings grew by 96.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Has a high level of debt

Unstable dividend track record

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

TH Plantations Berhad Competitors

MKH Oil Palm (East Kalimantan) Berhad

KLSE:MKHOP

RM 645.5m

Sungei Bagan Rubber Company (Malaya) Berhad

KLSE:SBAGAN

RM 539.0m

Rimbunan Sawit Berhad

KLSE:RSAWIT

RM 418.6m

Harn Len Corporation Bhd

KLSE:HARNLEN

RM 354.2m

Price History & Performance

Summary of share price highs, lows and changes for TH Plantations Berhad
Historical stock prices
Current Share Price	RM 0.60
52 Week High	RM 0.79
52 Week Low	RM 0.55
Beta	0.43
1 Month Change	1.69%
3 Month Change	-9.77%
1 Year Change	-16.08%
3 Year Change	-36.51%
5 Year Change	130.77%
Change since IPO	-28.00%

TH Plantations Berhad's (KLSE:THPLANT) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 07

Recent updates

TH Plantations Berhad's (KLSE:THPLANT) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 07

Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?

Nov 04

TH Plantations Berhad Just Recorded A 29% EPS Beat: Here's What Analysts Are Forecasting Next

Mar 03

TH Plantations Berhad's (KLSE:THPLANT) 41% Price Boost Is Out Of Tune With Earnings

Feb 16

Is There An Opportunity With TH Plantations Berhad's (KLSE:THPLANT) 49% Undervaluation?

May 31

Here's Why I Think TH Plantations Berhad (KLSE:THPLANT) Is An Interesting Stock

May 09

Does TH Plantations Berhad (KLSE:THPLANT) Have A Healthy Balance Sheet?

Mar 08

Improved Earnings Required Before TH Plantations Berhad (KLSE:THPLANT) Stock's 38% Jump Looks Justified

Feb 23

Shareholder Returns

	THPLANT	MY Food	MY Market
7D	1.7%	0.4%	0.2%
1Y	-16.1%	-6.5%	-4.1%

Return vs Industry: THPLANT underperformed the MY Food industry which returned -6.5% over the past year.

Return vs Market: THPLANT underperformed the MY Market which returned -4.1% over the past year.

Price Volatility

Is THPLANT's price volatile compared to industry and market?
THPLANT volatility
THPLANT Average Weekly Movement	3.9%
Food Industry Average Movement	3.9%
Market Average Movement	5.4%
10% most volatile stocks in MY Market	10.6%
10% least volatile stocks in MY Market	2.7%

Stable Share Price: THPLANT has not had significant price volatility in the past 3 months compared to the MY market.

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

About the Company

Founded	Employees	CEO	Website
1972	6,777	n/a	www.thplantations.my

TH Plantations Berhad, an investment holding company, engages in the cultivation of oil palm in Malaysia and Indonesia. It operates in two segments, Oil Palm Plantations and Forestry. The company processes, markets, trades, and sells fresh fruit bunches; markets crude palm oil and palm kernel; harvests latex and rubber wood; and provides management services.

TH Plantations Berhad Fundamentals Summary

How do TH Plantations Berhad's earnings and revenue compare to its market cap?
THPLANT fundamental statistics
Market cap	RM 530.31m
Earnings (TTM)	RM 57.19m
Revenue (TTM)	RM 877.73m

9.3x

P/E Ratio

0.6x

P/S Ratio

Is THPLANT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THPLANT income statement (TTM)
Revenue	RM 877.73m
Cost of Revenue	RM 630.84m
Gross Profit	RM 246.90m
Other Expenses	RM 189.71m
Earnings	RM 57.19m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.065
Gross Margin	28.13%
Net Profit Margin	6.52%
Debt/Equity Ratio	58.0%

How did THPLANT perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

46%

Payout Ratio

Does THPLANT pay a reliable dividends?

See THPLANT dividend history and benchmarks

When do you need to buy THPLANT by to receive an upcoming dividend?
TH Plantations Berhad dividend dates
Ex Dividend Date	Apr 04 2025
Dividend Pay Date	May 02 2025
Days until Ex dividend	11 days
Days until Dividend pay date	39 days

Does THPLANT pay a reliable dividends?

See THPLANT dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/23 00:33
End of Day Share Price	2025/03/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TH Plantations Berhad is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Huey Gan	AmInvestment Bank Berhad
Saffa Binti Mohd Anwar	BIMB Securities Sdn. Bhd
Benedictus Benjamin Santoso	DBS Vickers Research

THPLANT Stock Overview

Rewards

Risk Analysis

TH Plantations Berhad Competitors

KLSE:MKHOP

RM 645.5m

KLSE:SBAGAN

RM 539.0m

KLSE:RSAWIT

RM 418.6m

KLSE:HARNLEN

RM 354.2m

Price History & Performance

Recent News & Updates

TH Plantations Berhad's (KLSE:THPLANT) Shareholders Will Receive A Bigger Dividend Than Last Year

Price target decreased by 15% to RM0.58

Dividend increased to RM0.03

New major risk - Revenue and earnings growth

Full year 2024 earnings released: EPS: RM0.065 (vs RM0.033 in FY 2023)

TH Plantations Berhad announces Annual dividend, payable on May 02, 2025

Recent updates

TH Plantations Berhad's (KLSE:THPLANT) Shareholders Will Receive A Bigger Dividend Than Last Year

Price target decreased by 15% to RM0.58

Dividend increased to RM0.03

New major risk - Revenue and earnings growth

Full year 2024 earnings released: EPS: RM0.065 (vs RM0.033 in FY 2023)

TH Plantations Berhad announces Annual dividend, payable on May 02, 2025

TH Plantations Berhad Announces Appointment of Encik Alikamal Bin Abu Hassan as Chief Operating Officer

Consensus EPS estimates increase by 46%

Third quarter 2024 earnings released: EPS: RM0.019 (vs RM0.015 in 3Q 2023)

Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?

Second quarter 2024 earnings released: EPS: RM0.007 (vs RM0.001 in 2Q 2023)

TH Plantations Berhad Announces Appointment of Nurmazilah Binti Dato' Mahzan as Independent and Non Executive Member of Nomination and Remuneration Committee

First quarter 2024 earnings released: EPS: RM0.01 (vs RM0.008 in 1Q 2023)

Th Plantations Berhad Announces Retirement of Tuan Haji Bakri Bin Jamaluddin as Independent and Non Executive Member of Audit Committee

Th Plantations Berhad Approves Retirement of Haji Bakri bin Jamaluddin as Director

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of RM0.02 per share

TH Plantations Berhad, Annual General Meeting, May 06, 2024

New minor risk - Profit margin trend

TH Plantations Berhad Just Recorded A 29% EPS Beat: Here's What Analysts Are Forecasting Next

Full year 2023 earnings released: EPS: RM0.033 (vs RM0.068 in FY 2022)

TH Plantations Berhad's (KLSE:THPLANT) 41% Price Boost Is Out Of Tune With Earnings

TH Plantations Berhad Announces the Appointment of Puan Fahda Nur Binti Ahmad Kamar as Independent and Non Executive Independent Director

TH Plantations Berhad Announces Appointment of Encik Kasmuri Bin Sukardi as Independent and Non Executive Member of Nomination and Remuneration Committee

TH Plantations Berhad Announces Appointment of Encik Kasmuri Bin Sukardi as Independent and Non Executive Director

Third quarter 2023 earnings released: EPS: RM0.015 (vs RM0.011 in 3Q 2022)

Th Plantations Berhad Appoints Dr. Shahril Bin Simon as Non Independent and Non Executive Director

High number of new and inexperienced directors

TH Plantations Berhad Appoints Dr. Nurmazilah Binti Dato' Mahzan as Independent and Non Executive Independent Director

Th Plantations Berhad Appoints Tuan Syed Hamadah Bin Syed Othman as Non Independent and Non Executive Non Executive Director

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.011 in 2Q 2022)

TH Plantations Berhad Announces Resignation of Encik Dzul Effendy Bin Ahmad Hayan as Non Independent and Non Executive Director

New minor risk - Market cap size

Should You Investigate TH Plantations Berhad (KLSE:THPLANT) At RM0.59?

TH Plantations Berhad Announces Resignation of Dzul Effendy Bin Ahmad Hayan as Non Independent and Non Executive Member of Nomination and Remuneration Committee

TH Plantations Berhad Announces Retirement of Datuk Dr Kamilia Binti Ibrahim as Independent and Non-Executive Chairman of Nomination and Remuneration Committee

Consensus EPS estimates fall by 45%, revenue upgraded

First quarter 2023 earnings released: EPS: RM0.008 (vs RM0.024 in 1Q 2022)

TH Plantations Berhad Announces Change in Name of Audit & Risk Management Committee to Board Audit & Risk Management Committee

Upcoming dividend of RM0.015 per share at 5.6% yield

TH Plantations Berhad Appoints Encik Dzul Effendy Bin Ahmad Hayan as Non Independent and Non Executive Member of Audit Committee

Th Plantations Berhad Announces Resignation of Dato' Sri Amrin Bin Awaluddin Non Independent and Non Executive Director

What Does TH Plantations Berhad's (KLSE:THPLANT) Share Price Indicate?

Full year 2022 earnings released: EPS: RM0.068 (vs RM0.079 in FY 2021)

Price target decreased to RM0.55

High number of new and inexperienced directors

TH Plantations Berhad Announces Resignation of Encik Shahrizal Bin Suhainy, as Chief Financial Officer

Third quarter 2022 earnings released: EPS: RM0.011 (vs RM0.03 in 3Q 2021)

Is TH Plantations Berhad (KLSE:THPLANT) A Risky Investment?

Upcoming dividend of RM0.015 per share

Consensus forecasts updated

TH Plantations Berhad Declares First Interim Single-Tier Dividend for the Year Ending 31 December 2022

Second quarter 2022 earnings released: EPS: RM0.011 (vs RM0.03 in 2Q 2021)

TH Plantations Berhad Announces Re-Designation of Encik Bakri Bin Jamaluddin from Chairman of Nomination and Remuneration Committee to Member of Nomination and Remuneration Committee

TH Plantations Berhad Announces Resignation of Ahmad Kushairi Bin Din as Independent and Non Executive Member of Nomination and Remuneration Committee

TH Plantations Berhad Appoints Kamilia Binti Ibrahim as Member of Nomination and Remuneration Committee, Date of Changes Is July 20, 2022

Price target decreased to RM0.55

TH Plantations Berhad Announces Redesignation of Ahmad Kushairi Bin Din from Independent and Non Executive Director to Independent and Non Executive Chairman