Kossan Rubber Industries Bhd., an investment holding company, manufactures and sells latex disposable gloves in Malaysia and internationally. More Details
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Kossan Rubber Industries Bhd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KOSSAN is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: KOSSAN's weekly volatility (6%) has been stable over the past year.
7 Day Return
MY Medical Equipment
1 Year Return
MY Medical Equipment
Return vs Industry: KOSSAN matched the MY Medical Equipment industry which returned -60.3% over the past year.
Return vs Market: KOSSAN underperformed the MY Market which returned -0.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Kossan Rubber Industries Bhd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWill Weakness in Kossan Rubber Industries Bhd's (KLSE:KOSSAN) Stock Prove Temporary Given Strong Fundamentals?
1 month ago | Simply Wall StKossan Rubber Industries Bhd's (KLSE:KOSSAN) Intrinsic Value Is Potentially 83% Above Its Share Price
2 months ago | Simply Wall StWhat Kind Of Shareholders Own Kossan Rubber Industries Bhd (KLSE:KOSSAN)?
Is Kossan Rubber Industries Bhd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KOSSAN (MYR3.46) is trading above our estimate of fair value (MYR2.47)
Significantly Below Fair Value: KOSSAN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KOSSAN is good value based on its PE Ratio (2.9x) compared to the MY Medical Equipment industry average (3.8x).
PE vs Market: KOSSAN is good value based on its PE Ratio (2.9x) compared to the MY market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: KOSSAN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: KOSSAN is good value based on its PB Ratio (2.3x) compared to the MY Medical Equipment industry average (2.6x).
How is Kossan Rubber Industries Bhd forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KOSSAN's earnings are forecast to decline over the next 3 years (-60.9% per year).
Earnings vs Market: KOSSAN's earnings are forecast to decline over the next 3 years (-60.9% per year).
High Growth Earnings: KOSSAN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: KOSSAN's revenue is expected to decline over the next 3 years (-26% per year).
High Growth Revenue: KOSSAN's revenue is forecast to decline over the next 3 years (-26% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KOSSAN's Return on Equity is forecast to be low in 3 years time (18.1%).
How has Kossan Rubber Industries Bhd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KOSSAN has a high level of non-cash earnings.
Growing Profit Margin: KOSSAN's current net profit margins (44.4%) are higher than last year (12.6%).
Past Earnings Growth Analysis
Earnings Trend: KOSSAN's earnings have grown significantly by 61.1% per year over the past 5 years.
Accelerating Growth: KOSSAN's earnings growth over the past year (879.9%) exceeds its 5-year average (61.1% per year).
Earnings vs Industry: KOSSAN earnings growth over the past year (879.9%) exceeded the Medical Equipment industry 41.4%.
Return on Equity
High ROE: KOSSAN's Return on Equity (76.5%) is considered outstanding.
How is Kossan Rubber Industries Bhd's financial position?
Financial Position Analysis
Short Term Liabilities: KOSSAN's short term assets (MYR3.8B) exceed its short term liabilities (MYR1.1B).
Long Term Liabilities: KOSSAN's short term assets (MYR3.8B) exceed its long term liabilities (MYR224.9M).
Debt to Equity History and Analysis
Debt Level: KOSSAN's debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: KOSSAN's debt to equity ratio has reduced from 20.7% to 8.9% over the past 5 years.
Debt Coverage: KOSSAN's debt is well covered by operating cash flow (754.8%).
Interest Coverage: KOSSAN earns more interest than it pays, so coverage of interest payments is not a concern.
What is Kossan Rubber Industries Bhd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: KOSSAN's dividend (6.94%) is higher than the bottom 25% of dividend payers in the MY market (1.49%).
High Dividend: KOSSAN's dividend (6.94%) is in the top 25% of dividend payers in the MY market (4.17%)
Stability and Growth of Payments
Stable Dividend: KOSSAN's dividend payments have been volatile in the past 10 years.
Growing Dividend: KOSSAN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.3%), KOSSAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KOSSAN's dividends in 3 years are forecast to be well covered by earnings (36% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kuang Lim (69 yo)
Dato’ Kuang Sia Lim, D.I.M.P. has been the Chief Executive Officer and Managing Director of Kossan Rubber Industries Bhd since February 22, 2002 and also serves as its Non-Independent Executive Director. D...
Experienced Management: KOSSAN's management team is considered experienced (4.3 years average tenure).
Experienced Board: KOSSAN's board of directors are considered experienced (7.9 years average tenure).
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.
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Kossan Rubber Industries Bhd's company bio, employee growth, exchange listings and data sources
- Name: Kossan Rubber Industries Bhd
- Ticker: KOSSAN
- Exchange: KLSE
- Founded: 1979
- Industry: Health Care Supplies
- Sector: Healthcare
- Market Cap: RM8.650b
- Shares outstanding: 2.55b
- Website: https://www.kossan.com.my
Number of Employees
- Kossan Rubber Industries Bhd
- Wisma Kossan
- Lot 782, Jalan Sungai Putus
Kossan Rubber Industries Bhd., an investment holding company, manufactures and sells latex disposable gloves in Malaysia and internationally. The company operates through four segments: Technical Rubber Pr...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/30 16:30|
|End of Day Share Price||2021/07/30 00:00|
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.