Annum Berhad (KLSE:ANNUM) - Share price, News & Analysis

ANNUM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

ANNUM Stock Overview

Annum Berhad, an investment holding company, engages in the manufacture and trading of veneer and plywood products.

Rewards

Price-To-Earnings ratio (0.7x) is below the MY market (14.1x)

Earnings grew by 354.8% over the past year

Risk Analysis

High level of non-cash earnings

Does not have a meaningful market cap (MYR41M)

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

Annum Berhad Competitors

Timberwell Berhad

KLSE:TIMWELL

RM44.1m

Minho (M) Berhad

KLSE:MINHO

RM123.1m

Subur Tiasa Holdings Berhad

KLSE:SUBUR

RM199.6m

Dominant Enterprise Berhad

KLSE:DOMINAN

RM152.0m

Price History & Performance

Summary of all time highs, changes and price drops for Annum Berhad
Historical stock prices
Current Share Price	RM0.42
52 Week High	RM1.24
52 Week Low	RM0.29
Beta	1.92
1 Month Change	11.84%
3 Month Change	-37.04%
1 Year Change	-57.50%
3 Year Change	28.79%
5 Year Change	30.77%
Change since IPO	-83.90%

Shareholder Returns

	ANNUM	MY Forestry	MY Market
7D	30.8%	0.5%	1.2%
1Y	-57.5%	10.9%	-6.5%

Return vs Industry: ANNUM underperformed the MY Forestry industry which returned 13% over the past year.

Return vs Market: ANNUM underperformed the MY Market which returned -6.9% over the past year.

Price Volatility

Is ANNUM's price volatile compared to industry and market?
ANNUM volatility
ANNUM Average Weekly Movement	10.2%
Forestry Industry Average Movement	6.6%
Market Average Movement	5.5%
10% most volatile stocks in MY Market	11.5%
10% least volatile stocks in MY Market	2.8%

Stable Share Price: ANNUM is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: ANNUM's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

Founded	Employees	CEO	Website
1960	n/a	n/a	https://www.annumberhad.com

Annum Berhad, an investment holding company, engages in the manufacture and trading of veneer and plywood products. The company is also involved in the purchase and sale of veneer, plywood, and decorative plywood products; general trading of plywood products; construction, project management, and its related activities, including engineering, procurement, construction, and commissioning; manufacture of construction materials; and provision of IT related services. It operates in Malaysia, rest of Asia, Europe, the United States, Australia, and internationally.

Annum Berhad Fundamentals Summary

How do Annum Berhad's earnings and revenue compare to its market cap?
ANNUM fundamental statistics
Market Cap	RM41.44m
Earnings (TTM)	RM60.67m
Revenue (TTM)	RM284.74m

0.7x

P/E Ratio

0.1x

P/S Ratio

Is ANNUM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANNUM income statement (TTM)
Revenue	RM284.74m
Cost of Revenue	RM234.97m
Gross Profit	RM49.77m
Other Expenses	-RM10.90m
Earnings	RM60.67m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.62
Gross Margin	17.48%
Net Profit Margin	21.31%
Debt/Equity Ratio	2.6%

How did ANNUM perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is ANNUM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

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
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ANNUM?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ANNUM. This is calculated by dividing ANNUM's market cap by their current preferred multiple.
What is ANNUM's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	RM41.44m

ANNUM 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/Revenue	0.1x
Enterprise Value/EBITDA	0.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

ANNUM PE Ratio vs Peers

The above table shows the PE ratio for ANNUM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	6.9x
TIMWELL Timberwell Berhad	6.6x	n/a	RM44.1m
MINHO Minho (M) Berhad	12.4x	n/a	RM123.1m
SUBUR Subur Tiasa Holdings Berhad	3.9x	n/a	RM199.6m
DOMINAN Dominant Enterprise Berhad	4.6x	n/a	RM152.0m
ANNUM Annum Berhad	0.7x	n/a	RM41.4m

Forward PE

Price-To-Earnings vs Peers: ANNUM is good value based on its Price-To-Earnings Ratio (0.7x) compared to the peer average (6.9x).

Price to Earnings Ratio vs Industry

How does ANNUM's PE Ratio compare vs other companies in the Asian Forestry Industry?

Price-To-Earnings vs Industry: ANNUM is good value based on its Price-To-Earnings Ratio (0.7x) compared to the MY Forestry industry average (10x)

Price to Earnings Ratio vs Fair Ratio

What is ANNUM'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.

ANNUM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	0.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ANNUM's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate ANNUM's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ANNUM's fair value for valuation analysis.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ANNUM's PEG Ratio to determine if it is good value.

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Future Growth

How is Annum Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-13.4%

Forecasted Materials 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 Annum 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.

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Check out Annum Berhad's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.

Past Performance

How has Annum Berhad performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

68.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ANNUM has a high level of non-cash earnings.

Growing Profit Margin: ANNUM's current net profit margins (21.3%) are higher than last year (18.2%).

Past Earnings Growth Analysis

Earnings Trend: ANNUM has become profitable over the past 5 years, growing earnings by 68.8% per year.

Accelerating Growth: ANNUM's earnings growth over the past year (354.8%) exceeds its 5-year average (68.8% per year).

Earnings vs Industry: ANNUM earnings growth over the past year (354.8%) exceeded the Forestry industry 59.9%.

Return on Equity

High ROE: ANNUM's Return on Equity (45.2%) is considered outstanding.

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Financial Health

How is Annum Berhad's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ANNUM's short term assets (MYR133.4M) exceed its short term liabilities (MYR58.1M).

Long Term Liabilities: ANNUM's short term assets (MYR133.4M) exceed its long term liabilities (MYR103.2M).

Debt to Equity History and Analysis

Debt Level: ANNUM has more cash than its total debt.

Reducing Debt: ANNUM's debt to equity ratio has reduced from 13.6% to 2.6% over the past 5 years.

Debt Coverage: ANNUM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ANNUM's interest payments on its debt are well covered by EBIT (8.9x coverage).

Balance Sheet

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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ANNUM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ANNUM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ANNUM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ANNUM's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ANNUM has not reported any payouts.

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Management

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

2.1yrs

Average management tenure

CEO

Annum Berhad has no CEO, or we have no data on them.

Leadership Team

Experienced Management: ANNUM's management team is considered experienced (2.1 years average tenure).

Board Members

Experienced Board: ANNUM's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

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 been diluted in the past year, with total shares outstanding growing by 30%.

Data	Last Updated (UTC time)
Company Analysis	2022/06/29 00:00
End of Day Share Price	2022/06/29 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31