Ann Joo Resources Berhad, an investment holding company, manufactures and trades in iron, steel, and steel related products in Malaysia and Singapore.
Price History & Performance
|Historical stock prices|
|Current Share Price||RM2.44|
|52 Week High||RM0.56|
|52 Week Low||RM3.18|
|1 Month Change||13.49%|
|3 Month Change||20.20%|
|1 Year Change||275.39%|
|3 Year Change||37.85%|
|5 Year Change||17.87%|
|Change since IPO||83.00%|
Recent News & Updates
|ANNJOO||MY Metals and Mining||MY Market|
Return vs Industry: ANNJOO exceeded the MY Metals and Mining industry which returned 135.3% over the past year.
Return vs Market: ANNJOO exceeded the MY Market which returned 6.2% over the past year.
Stable Share Price: ANNJOO is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ANNJOO's weekly volatility (8%) has been stable over the past year.
About the Company
Ann Joo Resources Berhad, an investment holding company, manufactures and trades in iron, steel, and steel related products in Malaysia and Singapore. It operates through Manufacturing Division; Trading Division; and Investment Holding, Property Management and Others segments. The company manufactures hot metal and pig iron products; granulated slag and blast furnace off-gas products; billets; mild steel round, yield deformed, and deformed reinforcing bars; wire rods; equal angle, angle, round, flat, square, and engineering round bars; and black shafts.
Ann Joo Resources Berhad Fundamentals Summary
|ANNJOO fundamental statistics|
Is ANNJOO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ANNJOO income statement (TTM)|
|Cost of Revenue||RM2.03b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.27|
|Net Profit Margin||6.15%|
How did ANNJOO perform over the long term?See historical performance and comparison
2.5%Current Dividend Yield
Is Ann Joo Resources 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: ANNJOO (MYR2.44) is trading below our estimate of fair value (MYR27.61)
Significantly Below Fair Value: ANNJOO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ANNJOO is poor value based on its PE Ratio (9.2x) compared to the MY Metals and Mining industry average (8.7x).
PE vs Market: ANNJOO is good value based on its PE Ratio (9.2x) compared to the MY market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: ANNJOO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ANNJOO is overvalued based on its PB Ratio (1x) compared to the MY Metals and Mining industry average (0.8x).
How is Ann Joo Resources Berhad forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ANNJOO's earnings are forecast to decline over the next 3 years (-8.4% per year).
Earnings vs Market: ANNJOO's earnings are forecast to decline over the next 3 years (-8.4% per year).
High Growth Earnings: ANNJOO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ANNJOO's revenue is expected to decline over the next 3 years (-0.5% per year).
High Growth Revenue: ANNJOO's revenue is forecast to decline over the next 3 years (-0.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ANNJOO's Return on Equity is forecast to be low in 3 years time (13%).
How has Ann Joo Resources Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANNJOO has high quality earnings.
Growing Profit Margin: ANNJOO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ANNJOO has become profitable over the past 5 years, growing earnings by -37.4% per year.
Accelerating Growth: ANNJOO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ANNJOO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (237.9%).
Return on Equity
High ROE: ANNJOO's Return on Equity (11.4%) is considered low.
How is Ann Joo Resources Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: ANNJOO's short term assets (MYR1.5B) exceed its short term liabilities (MYR1.1B).
Long Term Liabilities: ANNJOO's short term assets (MYR1.5B) exceed its long term liabilities (MYR67.8M).
Debt to Equity History and Analysis
Debt Level: ANNJOO's debt to equity ratio (76.3%) is considered high.
Reducing Debt: ANNJOO's debt to equity ratio has reduced from 84.4% to 76.3% over the past 5 years.
Debt Coverage: ANNJOO's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: ANNJOO's interest payments on its debt are well covered by EBIT (8.9x coverage).
What is Ann Joo Resources Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ANNJOO's dividend (2.46%) is higher than the bottom 25% of dividend payers in the MY market (1.55%).
High Dividend: ANNJOO's dividend (2.46%) is low compared to the top 25% of dividend payers in the MY market (4.17%).
Stability and Growth of Payments
Stable Dividend: ANNJOO's dividend payments have been volatile in the past 10 years.
Growing Dividend: ANNJOO's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.1%), ANNJOO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ANNJOO's dividends in 3 years are forecast to be well covered by earnings (37% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hong Lim (46 yo)
Mr. Hong Thye Lim serves as the Managing Director of Ann Joo Steel Berhad since June 30, 2008 and served as its President and Vice President of Finance and Investment. He serves as a Group Managing Directo...
Experienced Management: ANNJOO's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: ANNJOO's board of directors are seasoned and experienced ( 13.3 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.
Ann Joo Resources Berhad's employee growth, exchange listings and data sources
- Name: Ann Joo Resources Berhad
- Ticker: ANNJOO
- Exchange: KLSE
- Founded: 1946
- Industry: Steel
- Sector: Materials
- Market Cap: RM1.324b
- Shares outstanding: 542.63m
- Website: https://www.annjoo.com.my
Number of Employees
- Ann Joo Resources Berhad
- Wisma Ann Joo
- Lot 19391
- Petaling Jaya
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:30|
|End of Day Share Price||2021/09/24 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.