KLSE:CSCSTEL

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CSC Steel Holdings Berhad

Market Cap

RM624.1m

Last Updated

2021/06/15 11:08 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


Snowflake Analysis

Flawless balance sheet average dividend payer.


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

-0.6%

CSCSTEL

-1.1%

MY Metals and Mining

0.1%

MY Market


1 Year Return

76.7%

CSCSTEL

116.7%

MY Metals and Mining

10.5%

MY Market

Return vs Industry: CSCSTEL underperformed the MY Metals and Mining industry which returned 118.9% over the past year.

Return vs Market: CSCSTEL exceeded the MY Market which returned 8.5% over the past year.


Shareholder returns

CSCSTELIndustryMarket
7 Day-0.6%-1.1%0.1%
30 Day-8.7%-6.2%-0.09%
90 Day13.6%3.9%-2.9%
1 Year89.8%76.7%118.6%116.7%14.3%10.5%
3 Year46.5%26.5%116.3%108.8%4.0%-5.8%
5 Year64.0%20.1%433.5%380.5%15.9%-3.5%

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

Valuation

Is CSC Steel Holdings Berhad undervalued compared to its fair value and its price relative to the market?

11.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CSCSTEL (MYR1.69) is trading above our estimate of fair value (MYR1.2)

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


Price To Earnings Ratio

PE vs Industry: CSCSTEL is good value based on its PE Ratio (11.6x) compared to the MY Metals and Mining industry average (14.5x).

PE vs Market: CSCSTEL is good value based on its PE Ratio (11.6x) compared to the MY market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: CSCSTEL is poor value based on its PEG Ratio (7.2x)


Price to Book Ratio

PB vs Industry: CSCSTEL is good value based on its PB Ratio (0.7x) compared to the MY Metals and Mining industry average (0.9x).


Future Growth

How is CSC Steel Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

1.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSCSTEL's forecast earnings growth (1.6% per year) is below the savings rate (3.6%).

Earnings vs Market: CSCSTEL's earnings (1.6% per year) are forecast to grow slower than the MY market (10.2% per year).

High Growth Earnings: CSCSTEL's earnings are forecast to grow, but not significantly.

Revenue vs Market: CSCSTEL's revenue (3.7% per year) is forecast to grow slower than the MY market (5.9% per year).

High Growth Revenue: CSCSTEL's revenue (3.7% 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 (7.1%).


Past Performance

How has CSC Steel Holdings Berhad performed over the past 5 years?

-21.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSCSTEL has high quality earnings.

Growing Profit Margin: CSCSTEL's current net profit margins (4.4%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: CSCSTEL's earnings have declined by 21.8% per year over the past 5 years.

Accelerating Growth: CSCSTEL's earnings growth over the past year (52.9%) exceeds its 5-year average (-21.8% per year).

Earnings vs Industry: CSCSTEL earnings growth over the past year (52.9%) underperformed the Metals and Mining industry 72.5%.


Return on Equity

High ROE: CSCSTEL's Return on Equity (6.3%) is considered low.


Financial Health

How is CSC Steel Holdings Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: CSCSTEL's short term assets (MYR755.7M) exceed its short term liabilities (MYR102.7M).

Long Term Liabilities: CSCSTEL's short term assets (MYR755.7M) exceed its long term liabilities (MYR18.9M).


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


Dividend

What is CSC Steel Holdings Berhad current dividend yield, its reliability and sustainability?

4.19%

Current Dividend Yield


Upcoming Dividend Payment

TodayJun 15 2021Ex Dividend DateJun 24 2021Dividend Pay DateJul 09 202115 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CSCSTEL's dividend (4.14%) is higher than the bottom 25% of dividend payers in the MY market (1.43%).

High Dividend: CSCSTEL's dividend (4.14%) is in the top 25% of dividend payers in the MY market (3.96%)


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 reasonably low payout ratio (48.1%), CSCSTEL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CSCSTEL's dividends in 3 years are forecast to be covered by earnings (50.7% payout ratio).


Next Steps

Management

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

3.0yrs

Average board tenure


CEO

Ping-Tung Chiu (59 yo)

no data

Tenure

Mr. Ping-Tung Chiu serves as Group Managing Director and Executive Director of CSC Steel Holdings Berhad since June 1, 2021. He has experience in the steel manufacturing industries. He joined China Steel C...


Board Members

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

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: RM624.117m
  • 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


Biography

CSC Steel Holdings Berhad, an investment holding company, manufactures and markets steel coils in the Asia Pacific. The company operates through Cold Rolled and Coated Steel Products, and Investment Holdin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/15 11:08
End of Day Share Price2021/06/15 00:00
Earnings2021/03/31
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.