TH Plantations Berhad (KLSE:THPLANT) - Stock Price, News & Analysis

THPLANT Stock Overview

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

THPLANT fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	2/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 84.1% below our estimate of its fair value

Earnings are forecast to grow 15.98% per year

Risk Analysis

Debt is not well covered by operating cash flow

Unstable dividend track record

TH Plantations Berhad Competitors

Rimbunan Sawit Berhad

KLSE:RSAWIT

RM 439.0m

MKH Oil Palm (East Kalimantan) Berhad

KLSE:MKHOP

RM 578.3m

Innoprise Plantations Berhad

KLSE:INNO

RM 694.3m

Chin Teck Plantations Berhad

KLSE:CHINTEK

RM 698.0m

Price History & Performance

Summary of all time highs, changes and price drops for TH Plantations Berhad
Historical stock prices
Current Share Price	RM 0.56
52 Week High	RM 0.89
52 Week Low	RM 0.48
Beta	0.77
11 Month Change	-8.20%
3 Month Change	-15.79%
1 Year Change	2.75%
33 Year Change	3.70%
5 Year Change	72.31%
Change since IPO	-32.80%

Recent updates

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

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

Feb 15

New Forecasts: Here's What Analysts Think The Future Holds For TH Plantations Berhad (KLSE:THPLANT)

Nov 25

Shareholder Returns

	THPLANT	MY Food	MY Market
7D	-1.8%	-0.6%	0.2%
1Y	2.8%	0.7%	11.3%

Return vs Industry: THPLANT exceeded the MY Food industry which returned 0.7% over the past year.

Return vs Market: THPLANT underperformed the MY Market which returned 11.3% over the past year.

Price Volatility

Is THPLANT's price volatile compared to industry and market?
THPLANT volatility
THPLANT Average Weekly Movement	5.2%
Food Industry Average Movement	4.2%
Market Average Movement	6.1%
10% most volatile stocks in MY Market	10.9%
10% least volatile stocks in MY Market	2.9%

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

Volatility Over Time: THPLANT's weekly volatility (5%) 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 494.96m
Earnings (TTM)	RM 35.73m
Revenue (TTM)	RM 788.47m

13.9x

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 788.47m
Cost of Revenue	RM 582.81m
Gross Profit	RM 205.67m
Other Expenses	RM 169.94m
Earnings	RM 35.73m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.04
Gross Margin	26.08%
Net Profit Margin	4.53%
Debt/Equity Ratio	61.8%

How did THPLANT perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

49%

Payout Ratio

THPLANT Stock Overview

Rewards

Risk Analysis

TH Plantations Berhad Competitors

KLSE:RSAWIT

RM 439.0m

KLSE:MKHOP

RM 578.3m

KLSE:INNO

RM 694.3m

KLSE:CHINTEK

RM 698.0m

Price History & Performance

Recent News & Updates

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

Recent updates

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

TH Plantations Berhad Appoints IR Mohamed Ajmel Hafiz Bin Jamaludin as Independent and Non Executive Director

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

TH Plantations Berhad Announces Resignation of Dato' Shari Bin Haji Osman as Independent and Non Executive Independent Director

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

TH Plantations Berhad Appoints Encik Muhammad Ramizu Bin Mustaffa as Independent and Non Executive Chairman of Audit Committee

TH Plantations Berhad Announces Resignation of Encik Mohd Adzahar Bin Abdul Wahid as Chairman of Audit Committee with Effect from May 11, 2022

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

Full year 2021 earnings: EPS and revenues exceed analyst expectations

High number of new directors

Investor sentiment improved over the past week