MNRB Holdings Berhad, an investment holding company, engages in the general reinsurance, takaful, and retakaful businesses in Malaysia and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||RM1.27|
|52 Week High||RM0.82|
|52 Week Low||RM1.47|
|1 Month Change||-1.55%|
|3 Month Change||-0.78%|
|1 Year Change||46.82%|
|3 Year Change||24.51%|
|5 Year Change||-41.02%|
|Change since IPO||-55.70%|
Recent News & Updates
Do Insiders Own Lots Of Shares In MNRB Holdings Berhad (KLSE:MNRB)?
If you want to know who really controls MNRB Holdings Berhad ( KLSE:MNRB ), then you'll have to look at the makeup of...
|MNRB||MY Insurance||MY Market|
Return vs Industry: MNRB exceeded the MY Insurance industry which returned 2.5% over the past year.
Return vs Market: MNRB exceeded the MY Market which returned 8.9% over the past year.
Stable Share Price: MNRB is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MNRB's weekly volatility (4%) has been stable over the past year.
About the Company
MNRB Holdings Berhad, an investment holding company, engages in the general reinsurance, takaful, and retakaful businesses in Malaysia and internationally. It offers general reinsurance, and family and general retakaful services; family and investment-linked takaful products; and general takaful solutions comprising motor and non-motor general takaful protection products. MNRB Holdings Berhad distributes its products through agents, brokers, financial institutions, motor franchise holders, and co-operatives, as well as a digital platform.
MNRB Holdings Berhad Fundamentals Summary
|MNRB fundamental statistics|
Is MNRB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MNRB income statement (TTM)|
|Cost of Revenue||RM2.01b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.24|
|Net Profit Margin||7.27%|
How did MNRB perform over the long term?See historical performance and comparison
6.3%Current Dividend Yield
Is MNRB Holdings Berhad undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MNRB (MYR1.27) is trading below our estimate of fair value (MYR1.52)
Significantly Below Fair Value: MNRB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MNRB is good value based on its PE Ratio (5.4x) compared to the MY Insurance industry average (12.1x).
PE vs Market: MNRB is good value based on its PE Ratio (5.4x) compared to the MY market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MNRB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MNRB is good value based on its PB Ratio (0.4x) compared to the MY Insurance industry average (0.6x).
How is MNRB Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance 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 MNRB Holdings 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.
How has MNRB Holdings Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNRB has high quality earnings.
Growing Profit Margin: MNRB's current net profit margins (7.3%) are higher than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: MNRB has become profitable over the past 5 years, growing earnings by 26% per year.
Accelerating Growth: MNRB's earnings growth over the past year (27.1%) exceeds its 5-year average (26% per year).
Earnings vs Industry: MNRB earnings growth over the past year (27.1%) exceeded the Insurance industry 6.5%.
Return on Equity
High ROE: MNRB's Return on Equity (7.5%) is considered low.
How is MNRB Holdings Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: MNRB's short term assets (MYR1.2B) exceed its short term liabilities (MYR477.7M).
Long Term Liabilities: MNRB's short term assets (MYR1.2B) do not cover its long term liabilities (MYR7.3B).
Debt to Equity History and Analysis
Debt Level: MNRB's debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: MNRB's debt to equity ratio has reduced from 23.4% to 12.9% over the past 5 years.
Debt Coverage: MNRB's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: MNRB's interest payments on its debt are well covered by EBIT (14.1x coverage).
What is MNRB Holdings Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MNRB's dividend (6.3%) is higher than the bottom 25% of dividend payers in the MY market (1.51%).
High Dividend: MNRB's dividend (6.3%) is in the top 25% of dividend payers in the MY market (4.12%)
Stability and Growth of Payments
Stable Dividend: MNRB's dividend payments have been volatile in the past 10 years.
Growing Dividend: MNRB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.6%), MNRB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zaharudin Daud (55 yo)
Mr. Encik Zaharudin Daud serves as Non-Independent Executive Director at Malaysian Reinsurance Bhd. since November 23, 2020. He serves as President and Group Chief Executive Officer at MNRB Holdings Berhad...
CEO Compensation Analysis
Compensation vs Market: Zaharudin's total compensation ($USD196.71K) is about average for companies of similar size in the MY market ($USD182.07K).
Compensation vs Earnings: Insufficient data to compare Zaharudin's compensation with company performance.
Experienced Management: MNRB's management team is considered experienced (2.4 years average tenure).
Experienced Board: MNRB's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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.
MNRB Holdings Berhad's employee growth, exchange listings and data sources
- Name: MNRB Holdings Berhad
- Ticker: MNRB
- Exchange: KLSE
- Founded: 1972
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: RM994.520m
- Shares outstanding: 783.09m
- Website: https://www.mnrb.com.my
Number of Employees
- MNRB Holdings Berhad
- Bangunan Malaysian Re
- 12th Floor
- Kuala Lumpur
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 11:03|
|End of Day Share Price||2021/10/15 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.