HeveaBoard Berhad, an investment holding company, manufactures, trades in, and distributes particleboards and particleboard-based products.
HeveaBoard Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.48|
|52 Week High||RM0.43|
|52 Week Low||RM0.83|
|1 Month Change||1.05%|
|3 Month Change||3.23%|
|1 Year Change||-1.03%|
|3 Year Change||-38.85%|
|5 Year Change||-65.22%|
|Change since IPO||-20.00%|
Recent News & Updates
HeveaBoard Berhad (KLSE:HEVEA) Has A Rock Solid Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
HeveaBoard Berhad's (KLSE:HEVEA) CEO Might Not Expect Shareholders To Be So Generous This Year
Shareholders will probably not be too impressed with the underwhelming results at HeveaBoard Berhad ( KLSE:HEVEA...
|HEVEA||MY Forestry||MY Market|
Return vs Industry: HEVEA underperformed the MY Forestry industry which returned 5.7% over the past year.
Return vs Market: HEVEA underperformed the MY Market which returned 9.2% over the past year.
Stable Share Price: HEVEA is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HEVEA's weekly volatility (4%) has been stable over the past year.
About the Company
HeveaBoard Berhad, an investment holding company, manufactures, trades in, and distributes particleboards and particleboard-based products. It also manufactures and trades in ready-to-assemble furniture. In addition, the company cultivates and trades in gourmet fungi; and trades in and distributes particleboard and wood panel related products.
HeveaBoard Berhad Fundamentals Summary
|HEVEA fundamental statistics|
Is HEVEA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HEVEA income statement (TTM)|
|Cost of Revenue||RM386.64m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.025|
|Net Profit Margin||3.32%|
How did HEVEA perform over the long term?See historical performance and comparison
Is HeveaBoard Berhad undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HEVEA (MYR0.48) is trading above our estimate of fair value (MYR0.14)
Significantly Below Fair Value: HEVEA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HEVEA is poor value based on its PE Ratio (19.3x) compared to the MY Forestry industry average (15.6x).
PE vs Market: HEVEA is poor value based on its PE Ratio (19.3x) compared to the MY market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: HEVEA is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: HEVEA's PB Ratio (0.6x) is in line with the MY Forestry industry average.
How is HeveaBoard Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HEVEA's forecast earnings growth (40% per year) is above the savings rate (3.6%).
Earnings vs Market: HEVEA's earnings (40% per year) are forecast to grow faster than the MY market (10.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HEVEA's revenue (8.5% per year) is forecast to grow faster than the MY market (6.5% per year).
High Growth Revenue: HEVEA's revenue (8.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HEVEA's Return on Equity is forecast to be low in 3 years time (4.4%).
How has HeveaBoard Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HEVEA has high quality earnings.
Growing Profit Margin: HEVEA's current net profit margins (3.3%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: HEVEA's earnings have declined by 45.7% per year over the past 5 years.
Accelerating Growth: HEVEA's earnings growth over the past year (64.7%) exceeds its 5-year average (-45.7% per year).
Earnings vs Industry: HEVEA earnings growth over the past year (64.7%) underperformed the Forestry industry 116.5%.
Return on Equity
High ROE: HEVEA's Return on Equity (3.4%) is considered low.
How is HeveaBoard Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: HEVEA's short term assets (MYR236.3M) exceed its short term liabilities (MYR55.9M).
Long Term Liabilities: HEVEA's short term assets (MYR236.3M) exceed its long term liabilities (MYR14.7M).
Debt to Equity History and Analysis
Debt Level: HEVEA's debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: HEVEA's debt to equity ratio has reduced from 2% to 1.5% over the past 5 years.
Debt Coverage: HEVEA's debt is well covered by operating cash flow (347%).
Interest Coverage: HEVEA earns more interest than it pays, so coverage of interest payments is not a concern.
What is HeveaBoard Berhad current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HEVEA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HEVEA'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 HEVEA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HEVEA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HEVEA is not paying a notable dividend for the MY market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HEVEA's dividend in 3 years as they are not forecast to pay a notable one for the MY market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hau Yoong (45 yo)
Mr. Yoong Hau Chun has been the Managing Director of HeveaBoard Bhd since June 6, 2012 and as its Executive Director since July 21, 2000. Mr. Yoong leads the engineering team in the existing plant and the...
CEO Compensation Analysis
Compensation vs Market: Hau's total compensation ($USD332.49K) is above average for companies of similar size in the MY market ($USD124.37K).
Compensation vs Earnings: Hau's compensation has been consistent with company performance over the past year.
Experienced Management: HEVEA's management team is seasoned and experienced (9.3 years average tenure).
Experienced Board: HEVEA's board of directors are considered experienced (8.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HeveaBoard Berhad's employee growth, exchange listings and data sources
- Name: HeveaBoard Berhad
- Ticker: HEVEA
- Exchange: KLSE
- Founded: 1993
- Industry: Forest Products
- Sector: Materials
- Market Cap: RM271.616m
- Shares outstanding: 565.87m
- Website: https://www.heveaboard.com.my
Number of Employees
- HeveaBoard Berhad
- Batu 3 Jalan Tampin
- Lot 1942
- Negeri Sembilan
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 11:05|
|End of Day Share Price||2021/10/22 00:00|
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.