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CEPC

Concrete Engineering Products Berhad KLSE:CEPCO Stock Report

Last Price

RM0.93

Market Cap

RM69.4m

7D

5.7%

1Y

-4.1%

Updated

06 Aug, 2022

Data

Company Financials
CEPCO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

CEPCO Stock Overview

Concrete Engineering Products Berhad manufactures and distributes prestressed spun concrete piles and poles in Malaysia.

Concrete Engineering Products Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Concrete Engineering Products Berhad
Historical stock prices
Current Share PriceRM0.93
52 Week HighRM1.08
52 Week LowRM0.79
Beta-0.23
1 Month Change-7.00%
3 Month Changen/a
1 Year Change-4.12%
3 Year Changen/a
5 Year Change-11.43%
Change since IPO-61.82%

Recent News & Updates

May 21
Is Concrete Engineering Products Berhad (KLSE:CEPCO) A Risky Investment?

Is Concrete Engineering Products Berhad (KLSE:CEPCO) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Jan 05
Increases to CEO Compensation Might Be Put On Hold For Now at Concrete Engineering Products Berhad (KLSE:CEPCO)

Increases to CEO Compensation Might Be Put On Hold For Now at Concrete Engineering Products Berhad (KLSE:CEPCO)

Despite strong share price growth of 37% for Concrete Engineering Products Berhad ( KLSE:CEPCO ) over the last few...

Jan 04
Would Concrete Engineering Products Berhad (KLSE:CEPCO) Be Better Off With Less Debt?

Would Concrete Engineering Products Berhad (KLSE:CEPCO) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

CEPCOMY Basic MaterialsMY Market
7D5.7%2.4%0.5%
1Y-4.1%-13.4%-3.1%

Return vs Industry: CEPCO exceeded the MY Basic Materials industry which returned -13.4% over the past year.

Return vs Market: CEPCO underperformed the MY Market which returned -3.1% over the past year.

Price Volatility

Is CEPCO's price volatile compared to industry and market?
CEPCO volatility
CEPCO Average Weekly Movementn/a
Basic Materials Industry Average Movement3.9%
Market Average Movement5.6%
10% most volatile stocks in MY Market11.5%
10% least volatile stocks in MY Market2.8%

Stable Share Price: Insufficient data to determine CEPCO's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CEPCO's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982n/aKway Wah Leonghttps://www.cepco.com.my

Concrete Engineering Products Berhad manufactures and distributes prestressed spun concrete piles and poles in Malaysia. The company’s spun concrete piles are used in the foundation piles for buildings, pile embankments, bridges, ports, and marine structures; and poles are used for telecommunication, and electric power transmission and distribution lines, as well as traffic signal equipment and street lightings. It also exports its products to Asia, Africa, the Oceania, and the Gulf Region.

Concrete Engineering Products Berhad Fundamentals Summary

How do Concrete Engineering Products Berhad's earnings and revenue compare to its market cap?
CEPCO fundamental statistics
Market CapRM69.40m
Earnings (TTM)-RM9.44m
Revenue (TTM)RM131.89m

0.5x

P/S Ratio

-7.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CEPCO income statement (TTM)
RevenueRM131.89m
Cost of RevenueRM106.84m
Gross ProfitRM25.05m
Other ExpensesRM34.49m
Earnings-RM9.44m

Last Reported Earnings

May 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin18.99%
Net Profit Margin-7.16%
Debt/Equity Ratio40.6%

How did CEPCO perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CEPCO 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CEPCO 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/Revenue0.7x
Enterprise Value/EBITDA-14.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CEPCO's PS Ratio compare to its peers?

CEPCO PS Ratio vs Peers
The above table shows the PS ratio for CEPCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.5x
QUALITY Quality Concrete Holdings Berhad
0.4xn/aRM71.3m
BIG B.I.G. Industries Berhad
1.2xn/aRM44.4m
DFCITY DFCITY Group Berhad
2.9xn/aRM44.3m
OKA OKA Corporation Bhd
1.7xn/aRM191.4m
CEPCO Concrete Engineering Products Berhad
0.5xn/aRM69.4m

Price-To-Sales vs Peers: CEPCO is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.5x).


Price to Earnings Ratio vs Industry

How does CEPCO's PE Ratio compare vs other companies in the Asian Basic Materials Industry?

Price-To-Sales vs Industry: CEPCO is good value based on its Price-To-Sales Ratio (0.5x) compared to the MY Basic Materials industry average (1.2x)


Price to Sales Ratio vs Fair Ratio

What is CEPCO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CEPCO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: CEPCO (MYR0.93) is trading above our estimate of fair value (MYR0.05)

Significantly Below Fair Value: CEPCO is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Concrete Engineering Products 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


17.4%

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 Concrete Engineering Products 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.


Discover growth companies

Past Performance

How has Concrete Engineering Products Berhad performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-27.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CEPCO is currently unprofitable.

Growing Profit Margin: CEPCO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CEPCO is unprofitable, and losses have increased over the past 5 years at a rate of 27.7% per year.

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

Earnings vs Industry: CEPCO is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (-6.4%).


Return on Equity

High ROE: CEPCO has a negative Return on Equity (-16.79%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Concrete Engineering Products Berhad's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CEPCO's short term assets (MYR63.5M) do not cover its short term liabilities (MYR83.0M).

Long Term Liabilities: CEPCO's short term assets (MYR63.5M) exceed its long term liabilities (MYR486.0K).


Debt to Equity History and Analysis

Debt Level: CEPCO's net debt to equity ratio (36.7%) is considered satisfactory.

Reducing Debt: CEPCO's debt to equity ratio has reduced from 46.4% to 40.6% over the past 5 years.


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: Whilst unprofitable CEPCO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CEPCO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.3% per year.


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Dividend

What is Concrete Engineering Products 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

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: CEPCO is not paying a notable dividend for the MY market.


Cash Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

5.3yrs

Average board tenure


CEO

Kway Wah Leong (69 yo)

17.42yrs

Tenure

RM522,428

Compensation

Mr. Kway Wah Leong has been the Managing Director of Concrete Engineering Products Bhd since March 17, 2005. Mr. Leong worked with several commercial and merchant banks and his last posting was Senior Vice...


CEO Compensation Analysis

Compensation vs Market: Kway Wah's total compensation ($USD117.29K) is about average for companies of similar size in the MY market ($USD111.92K).

Compensation vs Earnings: Kway Wah's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: CEPCO's board of directors are considered experienced (5.3 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

Concrete Engineering Products Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Concrete Engineering Products Berhad
  • Ticker: CEPCO
  • Exchange: KLSE
  • Founded: 1982
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: RM69.401m
  • Shares outstanding: 74.62m
  • Website: https://www.cepco.com.my

Location

  • Concrete Engineering Products Berhad
  • Menara KH (Promet)
  • 22nd Floor
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 50250
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/06 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/05/31
Annual Earnings2021/08/31


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.