CSC Steel Holdings Berhad
Market Cap
RM502.2m
Last Updated
2021/03/05 11:10 UTC
Data Sources
Company Financials +
Executive Summary
CSC Steel Holdings Berhad, an investment holding company, manufactures and markets steel coils in the Asia Pacific. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, good value and pays a dividend.
Similar Companies
Share Price & News
How has CSC Steel Holdings Berhad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSCSTEL is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CSCSTEL's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
CSCSTEL
-1.2%
MY Metals and Mining
-0.6%
MY Market
1 Year Return
33.3%
CSCSTEL
94.2%
MY Metals and Mining
10.5%
MY Market
Return vs Industry: CSCSTEL underperformed the MY Metals and Mining industry which returned 94.9% over the past year.
Return vs Market: CSCSTEL exceeded the MY Market which returned 10.2% over the past year.
Shareholder returns
| CSCSTEL | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -1.2% | -0.6% |
| 30 Day | 17.2% | 21.1% | 1.8% |
| 90 Day | 15.3% | 25.7% | -0.6% |
| 1 Year | 43.2%33.3% | 96.2%94.2% | 14.1%10.5% |
| 3 Year | 10.1%-4.9% | 66.0%59.5% | -1.2%-10.2% |
| 5 Year | 40.7%3.0% | 515.1%451.1% | 12.2%-6.3% |
Long-Term Price Volatility Vs. Market
How volatile is CSC Steel Holdings Berhad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
The Returns At CSC Steel Holdings Berhad (KLSE:CSCSTEL) Provide Us With Signs Of What's To Come1 month ago | Simply Wall St
Reflecting on CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Share Price Returns Over The Last Three Years1 month ago | Simply Wall St
What Is The Ownership Structure Like For CSC Steel Holdings Berhad (KLSE:CSCSTEL)?Valuation
Is CSC Steel Holdings Berhad undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CSCSTEL (MYR1.36) is trading below our estimate of fair value (MYR2.74)
Significantly Below Fair Value: CSCSTEL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CSCSTEL is good value based on its PE Ratio (13.6x) compared to the MY Metals and Mining industry average (20.5x).
PE vs Market: CSCSTEL is good value based on its PE Ratio (13.6x) compared to the MY market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: CSCSTEL is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: CSCSTEL's PB Ratio (0.6x) is in line with the MY Metals and Mining industry average.
Next Steps
Future Growth
How is CSC Steel Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
12.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSCSTEL's forecast earnings growth (12.9% per year) is above the savings rate (3.7%).
Earnings vs Market: CSCSTEL's earnings (12.9% per year) are forecast to grow slower than the MY market (16.9% per year).
High Growth Earnings: CSCSTEL's earnings are forecast to grow, but not significantly.
Revenue vs Market: CSCSTEL's revenue (8.6% per year) is forecast to grow faster than the MY market (7.3% per year).
High Growth Revenue: CSCSTEL's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CSCSTEL's Return on Equity is forecast to be low in 3 years time (6%).
Next Steps
Past Performance
How has CSC Steel Holdings Berhad performed over the past 5 years?
-23.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSCSTEL has high quality earnings.
Growing Profit Margin: CSCSTEL's current net profit margins (3.4%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: CSCSTEL's earnings have declined by 23.5% per year over the past 5 years.
Accelerating Growth: CSCSTEL's earnings growth over the past year (6.3%) exceeds its 5-year average (-23.5% per year).
Earnings vs Industry: CSCSTEL earnings growth over the past year (6.3%) underperformed the Metals and Mining industry 6.3%.
Return on Equity
High ROE: CSCSTEL's Return on Equity (4.4%) is considered low.
Next Steps
Financial Health
How is CSC Steel Holdings Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: CSCSTEL's short term assets (MYR689.3M) exceed its short term liabilities (MYR64.3M).
Long Term Liabilities: CSCSTEL's short term assets (MYR689.3M) exceed its long term liabilities (MYR17.8M).
Debt to Equity History and Analysis
Debt Level: CSCSTEL is debt free.
Reducing Debt: CSCSTEL has not had any debt for past 5 years.
Debt Coverage: CSCSTEL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CSCSTEL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is CSC Steel Holdings Berhad current dividend yield, its reliability and sustainability?
5.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CSCSTEL's dividend (5.15%) is higher than the bottom 25% of dividend payers in the MY market (1.48%).
High Dividend: CSCSTEL's dividend (5.15%) is in the top 25% of dividend payers in the MY market (4.22%)
Stability and Growth of Payments
Stable Dividend: CSCSTEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSCSTEL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.9%), CSCSTEL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CSCSTEL's dividends in 3 years are forecast to be covered by earnings (57.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Shou-Kang Yin (59 yo)
1.92yrs
Tenure
Mr. Shou-Kang Yin has been Group Managing Director and Executive Director of CSC Steel Holdings Berhad since April 30, 2019. He has many years’ experience in the steel manufacturing industries. He joined C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group MD & Executive Director | 1.92yrs | no data | no data | |
| VP of Finance Division & Executive Director | 0.17yr | no data | no data | |
| Company Secretary | 4.92yrs | no data | no data | |
| Joint Secretary | 0.17yr | no data | no data |
1.9yrs
Average Tenure
Experienced Management: CSCSTEL's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group MD & Executive Director | 1.92yrs | no data | no data | |
| VP of Finance Division & Executive Director | 0.17yr | no data | no data | |
| Non-Independent Non-Executive Director | 14.58yrs | no data | no data | |
| Independent Non-Executive Director | 6yrs | no data | no data | |
| Senior Independent Non-Executive Director | no data | no data | no data | |
| Non Independent & Non Executive Director | 2.75yrs | no data | no data | |
| Non Independent & Non Executive Director | 1.33yrs | no data | no data |
2.3yrs
Average Tenure
59yo
Average Age
Experienced Board: CSCSTEL's board of directors are not considered experienced ( 2.3 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CSC Steel Holdings Berhad's company bio, employee growth, exchange listings and data sources
Key Information
- Name: CSC Steel Holdings Berhad
- Ticker: CSCSTEL
- Exchange: KLSE
- Founded: 2004
- Industry: Steel
- Sector: Materials
- Market Cap: RM502.248m
- Shares outstanding: 369.30m
- Website: https://www.cscmalaysia.com
Number of Employees
Location
- CSC Steel Holdings Berhad
- 180, Kawasan Perindustrian Ayer Keroh
- Ayer Keroh
- Melaka
- 75450
- Malaysia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CSCSTEL | KLSE (Bursa Malaysia) | Yes | Ordinary Shares | MY | MYR | Dec 2004 |
Biography
CSC Steel Holdings Berhad, an investment holding company, manufactures and markets steel coils in the Asia Pacific. It operates through Cold Rolled and Coated Steel Products, and Investment Holding segment...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 11:10 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.