ARTR

Artroniq BerhadKLSE:ARTRONIQ Stock Report

Market Cap

RM93.9m

7D

-5.8%

1Y

97.0%

Updated

16 Sep, 2021

Data

Company Financials
ARTRONIQ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ARTRONIQ Overview

Artroniq Berhad, an investment holding company, manufactures and sells polyethylene compounds for wire and cable insulation, and jacketing in Malaysia, Asia, the Middle East, Americas, and internationally.

Share Price & News

How has Artroniq Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ARTRONIQ is more volatile than 90% of MY stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: ARTRONIQ's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

-5.8%

ARTRONIQ

-0.4%

MY Chemicals

-0.9%

MY Market


1 Year Return

97.0%

ARTRONIQ

39.9%

MY Chemicals

6.1%

MY Market

Return vs Industry: ARTRONIQ exceeded the MY Chemicals industry which returned 39.9% over the past year.

Return vs Market: ARTRONIQ exceeded the MY Market which returned 6.1% over the past year.


Shareholder returns

ARTRONIQIndustryMarket
7 Day-5.8%-0.4%-0.9%
30 Day-11.0%1.4%2.7%
90 Day0%0.2%-0.7%
1 Year97.0%97.0%44.6%39.9%10.2%6.1%
3 Year66.7%66.7%-2.3%-11.1%1.6%-8.0%
5 Year124.1%124.1%46.4%25.0%12.1%-6.8%

Long-Term Price Volatility Vs. Market

How volatile is Artroniq Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Artroniq Berhad Fundamentals Summary

How do Artroniq Berhad's earnings and revenue compare to its market cap?
ARTRONIQ fundamental statistics
Market CapRM93.90m
Earnings (TTM)-RM3.59m
Revenue (TTM)RM218.96m

0.4x

P/S Ratio

-26.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARTRONIQ income statement (TTM)
RevenueRM218.96m
Cost of RevenueRM212.26m
Gross ProfitRM6.70m
ExpensesRM10.30m
Earnings-RM3.59m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin3.06%
Net Profit Margin-1.64%
Debt/Equity Ratio0%

How did ARTRONIQ perform over the long term?

See historical performance and comparison

Valuation

Is Artroniq Berhad undervalued compared to its fair value and its price relative to the market?

2.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ARTRONIQ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ARTRONIQ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ARTRONIQ is unprofitable, so we can't compare its PE Ratio to the MY Chemicals industry average.

PE vs Market: ARTRONIQ is unprofitable, so we can't compare its PE Ratio to the MY market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ARTRONIQ is overvalued based on its PB Ratio (2.8x) compared to the MY Chemicals industry average (1.3x).


Future Growth

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

-9.4%

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 Artroniq 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.


Past Performance

How has Artroniq Berhad performed over the past 5 years?

-33.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARTRONIQ is currently unprofitable.

Growing Profit Margin: ARTRONIQ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARTRONIQ is unprofitable, and losses have increased over the past 5 years at a rate of 33.6% per year.

Accelerating Growth: Unable to compare ARTRONIQ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ARTRONIQ is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (70.8%).


Return on Equity

High ROE: ARTRONIQ has a negative Return on Equity (-10.65%), as it is currently unprofitable.


Financial Health

How is Artroniq Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: ARTRONIQ's short term assets (MYR23.1M) exceed its short term liabilities (MYR6.1M).

Long Term Liabilities: ARTRONIQ's short term assets (MYR23.1M) exceed its long term liabilities (MYR2.8M).


Debt to Equity History and Analysis

Debt Level: ARTRONIQ is debt free.

Reducing Debt: ARTRONIQ has no debt compared to 5 years ago when its debt to equity ratio was 33.5%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ARTRONIQ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ARTRONIQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.3% each year


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ARTRONIQ'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 ARTRONIQ's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ARTRONIQ's dividend in 3 years as they are not forecast to pay a notable one for the MY market.


Next Steps

Management

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

0.4yrs

Average management tenure


CEO

Seng Leong (47 yo)

2.67yrs

Tenure

Mr. Seng Kin Leong has been Group Chief Executive Officer of Artroniq Berhad (formerly known as Plastrade Technology Berhad) since January 03, 2019. Mr. Leong served as Group Chief Executive Officer at Tec...


Leadership Team

Experienced Management: ARTRONIQ's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: ARTRONIQ's board of directors are not considered experienced ( 2.1 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 10%.


Top Shareholders

Company Information

Artroniq Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Artroniq Berhad
  • Ticker: ARTRONIQ
  • Exchange: KLSE
  • Founded: 2002
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: RM93.903m
  • Shares outstanding: 288.93m
  • Website: https://www.plastrade-technology.com

Location

  • Artroniq Berhad
  • Tower 2, Avenue 3
  • Wisma N2N, Level 3A
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 59200
  • Malaysia

Listings


Biography

Artroniq Berhad, an investment holding company, manufactures and sells polyethylene compounds for wire and cable insulation, and jacketing in Malaysia, Asia, the Middle East, Americas, and internationally....


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 11:01
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.