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DNON

D'nonce Technology BhdKLSE:DNONCE Stock Report

Market Cap

RM100.6m

7D

-6.6%

1Y

-50.9%

Updated

03 Dec, 2021

Data

Company Financials
DNONCE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

DNONCE Stock Overview

D'nonce Technology Bhd., an investment holding company, engages in the manufacture, sale, and distribution of advanced packaging materials, electronics products, and consumables in Malaysia and Thailand.

Price History & Performance

Summary of all time highs, changes and price drops for D'nonce Technology Bhd
Historical stock prices
Current Share PriceRM0.28
52 Week HighRM0.67
52 Week LowRM0.28
Beta0.47
1 Month Change-19.72%
3 Month Change-47.71%
1 Year Change-50.86%
3 Year Change-31.32%
5 Year Change1.79%
Change since IPO-65.24%

Recent News & Updates

Nov 26
D'nonce Technology Bhd's (KLSE:DNONCE) Returns On Capital Are Heading Higher

D'nonce Technology Bhd's (KLSE:DNONCE) Returns On Capital Are Heading Higher

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Oct 03
D'nonce Technology Bhd. (KLSE:DNONCE) Stock's 29% Dive Might Signal An Opportunity But It Requires Some Scrutiny

D'nonce Technology Bhd. (KLSE:DNONCE) Stock's 29% Dive Might Signal An Opportunity But It Requires Some Scrutiny

D'nonce Technology Bhd. ( KLSE:DNONCE ) shareholders won't be pleased to see that the share price has had a very rough...

Shareholder Returns

DNONCEMY PackagingMY Market
7D-6.6%-2.2%-1.6%
1Y-50.9%-2.0%-5.6%

Return vs Industry: DNONCE underperformed the MY Packaging industry which returned -2% over the past year.

Return vs Market: DNONCE underperformed the MY Market which returned -5.6% over the past year.

Price Volatility

Is DNONCE's price volatile compared to industry and market?
DNONCE volatility
DNONCE Average Weekly Movement8.3%
Packaging Industry Average Movement5.8%
Market Average Movement5.6%
10% most volatile stocks in MY Market11.9%
10% least volatile stocks in MY Market2.7%

Stable Share Price: DNONCE is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: DNONCE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
1989n/aYow Thohttps://www.dnoncetech.com

D'nonce Technology Bhd., an investment holding company, engages in the manufacture, sale, and distribution of advanced packaging materials, electronics products, and consumables in Malaysia and Thailand. It operates through three segments: Healthcare, Electrical and Electronics, and Other Industries. The company offers end-to-end packaging and design solutions, and supply of goods and services for healthcare, automotive, food and beverage, and other manufacturing industries.

D'nonce Technology Bhd Fundamentals Summary

How do D'nonce Technology Bhd's earnings and revenue compare to its market cap?
DNONCE fundamental statistics
Market CapRM100.64m
Earnings (TTM)RM12.30m
Revenue (TTM)RM181.60m

8.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DNONCE income statement (TTM)
RevenueRM181.60m
Cost of RevenueRM104.67m
Gross ProfitRM76.93m
ExpensesRM64.63m
EarningsRM12.30m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.035
Gross Margin42.36%
Net Profit Margin6.77%
Debt/Equity Ratio18.1%

How did DNONCE perform over the long term?

See historical performance and comparison

Valuation

Is D'nonce Technology Bhd 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: DNONCE (MYR0.29) is trading below our estimate of fair value (MYR1.17)

Significantly Below Fair Value: DNONCE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DNONCE is good value based on its PE Ratio (8.2x) compared to the MY Packaging industry average (11.9x).

PE vs Market: DNONCE is good value based on its PE Ratio (8.2x) compared to the MY market (15.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: DNONCE is good value based on its PB Ratio (0.7x) compared to the MY Packaging industry average (1.2x).


Future Growth

How is D'nonce Technology Bhd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.3%

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 D'nonce Technology Bhd 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 D'nonce Technology Bhd performed over the past 5 years?

67.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DNONCE has high quality earnings.

Growing Profit Margin: DNONCE's current net profit margins (6.8%) are higher than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: DNONCE has become profitable over the past 5 years, growing earnings by 67.3% per year.

Accelerating Growth: DNONCE's earnings growth over the past year (229.8%) exceeds its 5-year average (67.3% per year).

Earnings vs Industry: DNONCE earnings growth over the past year (229.8%) exceeded the Packaging industry 28.9%.


Return on Equity

High ROE: DNONCE's Return on Equity (8.4%) is considered low.


Financial Health

How is D'nonce Technology Bhd's financial position?


Financial Position Analysis

Short Term Liabilities: DNONCE's short term assets (MYR122.7M) exceed its short term liabilities (MYR35.3M).

Long Term Liabilities: DNONCE's short term assets (MYR122.7M) exceed its long term liabilities (MYR24.3M).


Debt to Equity History and Analysis

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

Reducing Debt: DNONCE's debt to equity ratio has reduced from 116.2% to 18.1% over the past 5 years.

Debt Coverage: DNONCE's debt is well covered by operating cash flow (54.4%).

Interest Coverage: DNONCE's interest payments on its debt are well covered by EBIT (11.3x coverage).


Balance Sheet


Dividend

What is D'nonce Technology Bhd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if DNONCE'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 DNONCE'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?

2.4yrs

Average management tenure


CEO

Yow Tho (64 yo)

2.42yrs

Tenure

RM1,509,403

Compensation

Mr. Yow Yin Tho has been Chief Executive Officer of D'nonce Technology Bhd. since July 22, 2019 and served as its Executive Director since July 12, 2019 until September 14, 2021. Mr. Tho served as an Indep...


CEO Compensation Analysis

Compensation vs Market: Yow's total compensation ($USD356.61K) is above average for companies of similar size in the MY market ($USD122.48K).

Compensation vs Earnings: Yow's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: DNONCE's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: DNONCE's board of directors are not considered experienced ( 1.3 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 been diluted in the past year, with total shares outstanding growing by 12.8%.


Top Shareholders

Company Information

D'nonce Technology Bhd.'s employee growth, exchange listings and data sources


Key Information

  • Name: D'nonce Technology Bhd.
  • Ticker: DNONCE
  • Exchange: KLSE
  • Founded: 1989
  • Industry: Paper Packaging
  • Sector: Materials
  • Market Cap: RM100.641m
  • Shares outstanding: 353.13m
  • Website: https://www.dnoncetech.com

Location

  • D'nonce Technology Bhd.
  • 51-14-B&C, Menara BHL
  • Jalan Sultan Ahmad Shah
  • Georgetown
  • Pulau Pinang
  • 10050
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/03 11:02
End of Day Share Price2021/12/02 00:00
Earnings2021/07/31
Annual Earnings2021/04/30


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.