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TPC

TPC Plus Berhad KLSE:TPC Stock Report

Last Price

RM0.20

Market Cap

RM61.6m

7D

0%

1Y

2.6%

Updated

24 Jun, 2022

Data

Company Financials
TPC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

TPC Stock Overview

TPC Plus Berhad, an investment holding company, engages in the poultry farming business in Malaysia.

TPC Plus Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for TPC Plus Berhad
Historical stock prices
Current Share PriceRM0.20
52 Week HighRM0.25
52 Week LowRM0.18
Beta0.42
1 Month Change0%
3 Month Change2.56%
1 Year Change2.56%
3 Year Change-46.67%
5 Year Change-50.62%
Change since IPO-79.17%

Recent News & Updates

Apr 14
Is TPC Plus Berhad (KLSE:TPC) Using Too Much Debt?

Is TPC Plus Berhad (KLSE:TPC) 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...

Shareholder Returns

TPCMY FoodMY Market
7D0%-2.4%-1.2%
1Y2.6%-1.8%-8.7%

Return vs Industry: TPC exceeded the MY Food industry which returned -1.5% over the past year.

Return vs Market: TPC exceeded the MY Market which returned -9.2% over the past year.

Price Volatility

Is TPC's price volatile compared to industry and market?
TPC volatility
TPC Average Weekly Movementn/a
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: Insufficient data to determine TPC's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine TPC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978n/aYew Limhttps://www.tpc.com.my

TPC Plus Berhad, an investment holding company, engages in the poultry farming business in Malaysia. The company produces, grades, packages, and markets table eggs and feeds to wholesale egg dealers, retailers, fast food restaurants, and food manufacturers. It also engages in the oil palm plantation business; and provision of management services.

TPC Plus Berhad Fundamentals Summary

How do TPC Plus Berhad's earnings and revenue compare to its market cap?
TPC fundamental statistics
Market CapRM61.65m
Earnings (TTM)-RM15.87m
Revenue (TTM)RM332.22m

0.2x

P/S Ratio

-3.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TPC income statement (TTM)
RevenueRM332.22m
Cost of RevenueRM344.03m
Gross Profit-RM11.81m
Other ExpensesRM4.07m
Earnings-RM15.87m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.051
Gross Margin-3.55%
Net Profit Margin-4.78%
Debt/Equity Ratio78.9%

How did TPC perform over the long term?

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

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 TPC?

Other financial metrics that can be useful for relative valuation.

TPC 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/Revenue0.3x
Enterprise Value/EBITDA-15.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does TPC's PS Ratio compare to its peers?

TPC PS Ratio vs Peers
The above table shows the PS ratio for TPC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.4x

Price-To-Sales vs Peers: TPC is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.4x).


Price to Earnings Ratio vs Industry

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

Price-To-Sales vs Industry: TPC is good value based on its Price-To-Sales Ratio (0.2x) compared to the MY Food industry average (1.2x)


Price to Sales Ratio vs Fair Ratio

What is TPC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TPC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: TPC (MYR0.2) is trading below our estimate of fair value (MYR1.67)

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


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TPC's PEG Ratio to determine if it is good value.


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Future Growth

How is TPC Plus 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


-7.1%

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 TPC Plus 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.


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  • Examine whether TPC Plus Berhad is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has TPC Plus Berhad performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-49.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TPC is currently unprofitable.

Growing Profit Margin: TPC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TPC is unprofitable, and losses have increased over the past 5 years at a rate of 49.1% per year.

Accelerating Growth: Unable to compare TPC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TPC is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (35.1%).


Return on Equity

High ROE: TPC has a negative Return on Equity (-24.28%), as it is currently unprofitable.


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Financial Health

How is TPC Plus Berhad's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TPC's short term assets (MYR115.4M) do not cover its short term liabilities (MYR141.7M).

Long Term Liabilities: TPC's short term assets (MYR115.4M) exceed its long term liabilities (MYR16.5M).


Debt to Equity History and Analysis

Debt Level: TPC's net debt to equity ratio (65.2%) is considered high.

Reducing Debt: TPC's debt to equity ratio has increased from 24% to 78.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable TPC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TPC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.4% per year.


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Dividend

What is TPC Plus 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

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TPC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

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


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Management

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

6.6yrs

Average board tenure


CEO

Yew Lim (54 yo)

6.58yrs

Tenure

RM36,000

Compensation

Mr. Yew Chua Lim has been Managing Director at TPC Plus Berhad since November 30, 2015. Mr. Chua served as an Executive of Huat Lai Resources Bhd. Mr. Chua has been a Non-Independent & Executive Director o...


Board Members

Experienced Board: TPC's board of directors are considered experienced (6.6 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

TPC Plus Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: TPC Plus Berhad
  • Ticker: TPC
  • Exchange: KLSE
  • Founded: 1978
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: RM61.647m
  • Shares outstanding: 308.23m
  • Website: https://www.tpc.com.my

Location

  • TPC Plus Berhad
  • Simpang Ampat
  • Lot 942
  • Alor Gajah
  • Melaka
  • 78000
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/23 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.