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NTPM

NTPM Holdings Berhad KLSE:NTPM Stock Report

Last Price

RM0.43

Market Cap

RM482.9m

7D

0%

1Y

-25.2%

Updated

30 Jun, 2022

Data

Company Financials +
NTPM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends3/6

NTPM Stock Overview

NTPM Holdings Berhad, an investment holding company, manufactures and trades in tissue paper and personal care products in Malaysia and internationally.

NTPM Holdings Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NTPM Holdings Berhad
Historical stock prices
Current Share PriceRM0.43
52 Week HighRM0.57
52 Week LowRM0.42
Beta0.65
1 Month Change-5.50%
3 Month Change-2.27%
1 Year Change-25.22%
3 Year Change0%
5 Year Change-46.25%
Change since IPO56.37%

Recent News & Updates

Dec 19
NTPM Holdings Berhad (KLSE:NTPM) Has Affirmed Its Dividend Of RM0.008

NTPM Holdings Berhad (KLSE:NTPM) Has Affirmed Its Dividend Of RM0.008

The board of NTPM Holdings Berhad ( KLSE:NTPM ) has announced that it will pay a dividend of RM0.008 per share on the...

Shareholder Returns

NTPMMY Household ProductsMY Market
7D0%2.3%1.2%
1Y-25.2%-18.1%-6.5%

Return vs Industry: NTPM underperformed the MY Household Products industry which returned -18.1% over the past year.

Return vs Market: NTPM underperformed the MY Market which returned -6.5% over the past year.

Price Volatility

Is NTPM's price volatile compared to industry and market?
NTPM volatility
NTPM Average Weekly Movement2.9%
Household Products Industry Average Movement5.3%
Market Average Movement5.5%
10% most volatile stocks in MY Market11.5%
10% least volatile stocks in MY Market2.8%

Stable Share Price: NTPM is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: NTPM's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19753,516Chong Leehttps://www.ntpm.com.my

NTPM Holdings Berhad, an investment holding company, manufactures and trades in tissue paper and personal care products in Malaysia and internationally. The company operates through two segments, Tissue Paper and Personal Care. It offers tissue products consisting of facial tissues, toilet papers, kitchen towel rolls, serviettes, and napkins under the PREMIER, ROYAL GOLD, Cutie, Soft Baby Wipes, and Sanitizing Wipes brands; and personal care products, such as feminine hygienic products, cotton products, facial cottons, wet tissues, baby and adult diapers, sanitary products, and incontinent products under the INTIMATE, DIAPEX, and PREMIER Cotton brands, as well as semi-finished goods.

NTPM Holdings Berhad Fundamentals Summary

How do NTPM Holdings Berhad's earnings and revenue compare to its market cap?
NTPM fundamental statistics
Market CapRM482.91m
Earnings (TTM)RM28.25m
Revenue (TTM)RM764.90m

17.1x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NTPM income statement (TTM)
RevenueRM764.90m
Cost of RevenueRM0
Gross ProfitRM764.90m
Other ExpensesRM736.65m
EarningsRM28.25m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.025
Gross Margin100.00%
Net Profit Margin3.69%
Debt/Equity Ratio70.8%

How did NTPM perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

90%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is NTPM 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings 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 NTPM?

Other financial metrics that can be useful for relative valuation.

NTPM 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/Revenue1.1x
Enterprise Value/EBITDA9.2x
PEG Ratio1.5x

Price to Earnings Ratio vs Peers

How does NTPM's PE Ratio compare to its peers?

NTPM PE Ratio vs Peers
The above table shows the PE ratio for NTPM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average35x
RUBEREX Rubberex Corporation (M) Berhad
4.6xn/aRM464.8m
NOVA Nova Wellness Group Berhad
14.5xn/aRM273.3m
4465 Niitaka
47.9xn/aJP¥12.7b
9919 KNH Enterprise
73xn/aNT$3.6b
NTPM NTPM Holdings Berhad
17.1x11.6%RM482.9m

Price-To-Earnings vs Peers: NTPM is good value based on its Price-To-Earnings Ratio (17.1x) compared to the peer average (35x).


Price to Earnings Ratio vs Industry

How does NTPM's PE Ratio compare vs other companies in the Asian Household Products Industry?

Price-To-Earnings vs Industry: NTPM is good value based on its Price-To-Earnings Ratio (17.1x) compared to the Asian Household Products industry average (17.8x)


Price to Earnings Ratio vs Fair Ratio

What is NTPM'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.

NTPM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.1x
Fair PE Ratio13.4x

Price-To-Earnings vs Fair Ratio: NTPM is expensive based on its Price-To-Earnings Ratio (17.1x) compared to the estimated Fair Price-To-Earnings Ratio (13.4x).


Share Price vs Fair Value

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

Below Fair Value: NTPM (MYR0.43) is trading below our estimate of fair value (MYR1.18)

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


Price to Earnings Growth Ratio

PEG Ratio: NTPM is poor value based on its PEG Ratio (1.5x)


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Future Growth

How is NTPM Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NTPM's forecast earnings growth (11.6% per year) is above the savings rate (3.6%).

Earnings vs Market: NTPM's earnings (11.6% per year) are forecast to grow faster than the MY market (9.9% per year).

High Growth Earnings: NTPM's earnings are forecast to grow, but not significantly.

Revenue vs Market: NTPM's revenue (6.3% per year) is forecast to grow faster than the MY market (5.2% per year).

High Growth Revenue: NTPM's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NTPM's Return on Equity is forecast to be low in 3 years time (7.1%).


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Past Performance

How has NTPM Holdings Berhad performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


5.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NTPM has a large one-off gain of MYR7.3M impacting its April 30 2022 financial results.

Growing Profit Margin: NTPM's current net profit margins (3.7%) are lower than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: NTPM's earnings have grown by 5.2% per year over the past 5 years.

Accelerating Growth: NTPM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NTPM had negative earnings growth (-55.4%) over the past year, making it difficult to compare to the Household Products industry average (-13.1%).


Return on Equity

High ROE: NTPM's Return on Equity (5.4%) is considered low.


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Financial Health

How is NTPM Holdings Berhad's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NTPM's short term assets (MYR437.2M) do not cover its short term liabilities (MYR464.7M).

Long Term Liabilities: NTPM's short term assets (MYR437.2M) exceed its long term liabilities (MYR73.3M).


Debt to Equity History and Analysis

Debt Level: NTPM's net debt to equity ratio (61.4%) is considered high.

Reducing Debt: NTPM's debt to equity ratio has increased from 35.3% to 70.8% over the past 5 years.

Debt Coverage: NTPM's debt is not well covered by operating cash flow (10.9%).

Interest Coverage: NTPM's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


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Dividend

What is NTPM Holdings Berhad current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.58%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NTPM's dividend (5.58%) is higher than the bottom 25% of dividend payers in the MY market (2.08%).

High Dividend: NTPM's dividend (5.58%) is in the top 25% of dividend payers in the MY market (4.94%)


Stability and Growth of Payments

Stable Dividend: NTPM's dividend payments have been volatile in the past 10 years.

Growing Dividend: NTPM's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (90%), NTPM's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (985.5%), NTPM's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

11.3yrs

Average management tenure


CEO

Chong Lee (56 yo)

no data

Tenure

RM2,739,016

Compensation

Mr. Chong Choon Lee served as Financial Controller of Nibong Tebal Paper Mill Sdn Bhd (NTPM) from 1995 to 1997 and also served as the Country Sales Manager of NTPM from 1997 to 1999. Mr. Lee has extensive...


CEO Compensation Analysis

Compensation vs Market: Chong's total compensation ($USD622.38K) is above average for companies of similar size in the MY market ($USD112.96K).

Compensation vs Earnings: Chong's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: NTPM's management team is seasoned and experienced (11.3 years average tenure).


Board Members

Experienced Board: NTPM's board of directors are seasoned and experienced ( 18.7 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

NTPM Holdings Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: NTPM Holdings Berhad
  • Ticker: NTPM
  • Exchange: KLSE
  • Founded: 1975
  • Industry: Household Products
  • Sector: Household
  • Implied Market Cap: RM482.907m
  • Shares outstanding: 1.12b
  • Website: https://www.ntpm.com.my

Number of Employees


Location

  • NTPM Holdings Berhad
  • No. 886, Jalan Bandar Baru
  • Sungai Kecil
  • Nibong Tebal
  • Pulau Pinang
  • 14300
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/04/30
Annual Earnings2022/04/30


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.