NOVA Stock Overview
Nova Wellness Group Berhad, through its subsidiary, Nova Laboratories Sdn Bhd, engages in the development, production, and sale of nutraceutical and skincare products in Malaysia.
Nova Wellness Group Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.95|
|52 Week High||RM1.07|
|52 Week Low||RM0.80|
|1 Month Change||13.77%|
|3 Month Change||6.74%|
|1 Year Change||16.56%|
|3 Year Change||123.53%|
|5 Year Change||n/a|
|Change since IPO||25.00%|
Recent News & Updates
Should You Be Adding Nova Wellness Group Berhad (KLSE:NOVA) To Your Watchlist Today?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
|NOVA||MY Personal Products||MY Market|
Return vs Industry: NOVA exceeded the MY Personal Products industry which returned -18.3% over the past year.
Return vs Market: NOVA exceeded the MY Market which returned -3.5% over the past year.
|NOVA Average Weekly Movement||4.2%|
|Personal Products Industry Average Movement||5.0%|
|Market Average Movement||5.5%|
|10% most volatile stocks in MY Market||11.7%|
|10% least volatile stocks in MY Market||2.7%|
Stable Share Price: NOVA is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NOVA's weekly volatility (4%) has been stable over the past year.
About the Company
Nova Wellness Group Berhad, through its subsidiary, Nova Laboratories Sdn Bhd, engages in the development, production, and sale of nutraceutical and skincare products in Malaysia. The company offers natural supplements, including herbal, vitamin and mineral, and specialty supplements; functional and healthy food products comprising oil powders, smoothies, loaf, vegetable oil blend, sunflower oil, chia seeds, coffee, and oat beta-glucan; skin care products, such as cleansing bars, face and body wash, shampoos and conditioners, feminine intimate wash, herbal essence spray and ointment, body balm, and head wash; calcium tablet, fish oil, vit-c chewable tablet, multivitamins tablets, oral powders, and nutritional drinks for children; and hand sanitizers, face masks, and disinfectant cleaners. It offers its products under the NOVA, ActivMax, SP8, Novavis, Healthy Joy, Sustinex, and NOVTIC brand names.
Nova Wellness Group Berhad Fundamentals Summary
|NOVA fundamental statistics|
Is NOVA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NOVA income statement (TTM)|
|Cost of Revenue||RM13.78m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.059|
|Net Profit Margin||37.89%|
How did NOVA perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Is NOVA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NOVA?
Other financial metrics that can be useful for relative valuation.
|What is NOVA's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NOVA's PE Ratio compare to its peers?
|NOVA PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SUNZEN Sunzen Biotech Berhad
RUBEREX Rubberex Corporation (M) Berhad
NTPM NTPM Holdings Berhad
1796 GeneFerm Biotechnology
NOVA Nova Wellness Group Berhad
Price-To-Earnings vs Peers: NOVA is good value based on its Price-To-Earnings Ratio (16x) compared to the peer average (37.7x).
Price to Earnings Ratio vs Industry
How does NOVA's PE Ratio compare vs other companies in the Asian Personal Products Industry?
Price-To-Earnings vs Industry: NOVA is good value based on its Price-To-Earnings Ratio (16x) compared to the Asian Personal Products industry average (25.4x)
Price to Earnings Ratio vs Fair Ratio
What is NOVA'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.
|Current PE Ratio||16x|
|Fair PE Ratio||13.2x|
Price-To-Earnings vs Fair Ratio: NOVA is expensive based on its Price-To-Earnings Ratio (16x) compared to the estimated Fair Price-To-Earnings Ratio (13.2x).
Share Price vs Fair Value
What is the Fair Price of NOVA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NOVA (MYR0.95) is trading above our estimate of fair value (MYR0.45)
Significantly Below Fair Value: NOVA is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Nova Wellness Group Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOVA's forecast earnings growth (14.3% per year) is above the savings rate (3.6%).
Earnings vs Market: NOVA's earnings (14.3% per year) are forecast to grow faster than the MY market (10.5% per year).
High Growth Earnings: NOVA's earnings are forecast to grow, but not significantly.
Revenue vs Market: NOVA's revenue (16.2% per year) is forecast to grow faster than the MY market (5.3% per year).
High Growth Revenue: NOVA's revenue (16.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOVA's Return on Equity is forecast to be low in 3 years time (18%).
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How has Nova Wellness Group Berhad performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOVA has high quality earnings.
Growing Profit Margin: NOVA's current net profit margins (37.9%) are higher than last year (37.8%).
Past Earnings Growth Analysis
Earnings Trend: NOVA's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: NOVA's earnings growth over the past year (25%) exceeds its 5-year average (13.4% per year).
Earnings vs Industry: NOVA earnings growth over the past year (25%) exceeded the Personal Products industry -1.4%.
Return on Equity
High ROE: NOVA's Return on Equity (19.2%) is considered low.
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How is Nova Wellness Group Berhad's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NOVA's short term assets (MYR60.7M) exceed its short term liabilities (MYR5.9M).
Long Term Liabilities: NOVA's short term assets (MYR60.7M) exceed its long term liabilities (MYR6.5M).
Debt to Equity History and Analysis
Debt Level: NOVA is debt free.
Reducing Debt: NOVA has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: NOVA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NOVA has no debt, therefore coverage of interest payments is not a concern.
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What is Nova Wellness Group Berhad current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NOVA's dividend (2.11%) is higher than the bottom 25% of dividend payers in the MY market (2%).
High Dividend: NOVA's dividend (2.11%) is low compared to the top 25% of dividend payers in the MY market (4.87%).
Stability and Growth of Payments
Stable Dividend: NOVA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NOVA's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.7%), NOVA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.4%), NOVA's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nyie Phang (66 yo)
Mr. Nyie Lin Phang serves as Group Managing Director, Chief Research Officer and Director at Nova Wellness Group Berhad since October 31, 2017. Mr. Phang holds Bachelor of Pharmacy from Universiti Sains Ma...
CEO Compensation Analysis
Compensation vs Market: Nyie's total compensation ($USD131.88K) is about average for companies of similar size in the MY market ($USD112.24K).
Compensation vs Earnings: Nyie's compensation has been consistent with company performance over the past year.
Experienced Management: NOVA's management team is considered experienced (4.8 years average tenure).
Experienced Board: NOVA's board of directors are considered experienced (4.8 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: Shareholders have not been meaningfully diluted in the past year.
Nova Wellness Group Berhad's employee growth, exchange listings and data sources
- Name: Nova Wellness Group Berhad
- Ticker: NOVA
- Exchange: KLSE
- Founded: 1989
- Industry: Personal Products
- Sector: Household
- Implied Market Cap: RM301.992m
- Shares outstanding: 317.89m
- Website: https://nova.my
Number of Employees
- Nova Wellness Group Berhad
- Lot 708, Nova Avenue
- Sungai Pelek
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/15 00:00|
|End of Day Share Price||2022/08/12 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.