How does HEVEA's PE Ratio compare to its peers?

HEVEA is expensive based on its Price-To-Earnings Ratio (49.4x) compared to the peer average (14.4x).

How does HEVEA's PE Ratio compare vs other companies in the Asian Forestry Industry?

HEVEA is expensive based on its Price-To-Earnings Ratio (49.4x) compared to the Asian Forestry industry average (15.3x).

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

HEVEA is expensive based on its Price-To-Earnings Ratio (49.4x) compared to the estimated Fair Price-To-Earnings Ratio (23.1x).

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

HEVEA (MYR0.28) is trading above our estimate of [[fair value]] (MYR0.02)

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

Insufficient data to show price forecast.

HeveaBoard Berhad (KLSE:HEVEA) - Stock Price, News & Analysis

HEVEA Stock Overview

An investment holding company, manufactures, trades in, and distributes particleboards and particleboard-based products. More details

HEVEA fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

Rewards

Earnings are forecast to grow 51.57% per year

Became profitable this year

Risk Analysis

Dividend of 3.57% is not well covered by earnings or free cash flows

Does not have a meaningful market cap (MYR158M)

HeveaBoard Berhad Competitors

Minho (M) Berhad

KLSE:MINHO

RM 103.5m

Dominant Enterprise Berhad

KLSE:DOMINAN

RM 137.1m

Topmix Berhad

KLSE:TOPMIX

RM 193.0m

Eksons Corporation Berhad

KLSE:EKSONS

RM 93.7m

Price History & Performance

Summary of all time highs, changes and price drops for HeveaBoard Berhad
Historical stock prices
Current Share Price	RM 0.28
52 Week High	RM 0.38
52 Week Low	RM 0.27
Beta	0.81
11 Month Change	-3.45%
3 Month Change	-9.68%
1 Year Change	-23.29%
33 Year Change	-37.78%
5 Year Change	-48.15%
Change since IPO	-53.33%

HeveaBoard Berhad's (KLSE:HEVEA) Analyst Just Slashed This Year's Estimates

Aug 30

When Should You Buy HeveaBoard Berhad (KLSE:HEVEA)?

Aug 07

Recent updates

HeveaBoard Berhad's (KLSE:HEVEA) Analyst Just Slashed This Year's Estimates

Aug 30

When Should You Buy HeveaBoard Berhad (KLSE:HEVEA)?

Aug 07

HeveaBoard Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 27

HeveaBoard Berhad (KLSE:HEVEA) Could Be At Risk Of Shrinking As A Company

Jan 30

HeveaBoard Berhad's (KLSE:HEVEA) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Sep 29

When Should You Buy HeveaBoard Berhad (KLSE:HEVEA)?

Jun 14

HeveaBoard Berhad (KLSE:HEVEA) Has A Rock Solid Balance Sheet

Oct 12

HeveaBoard Berhad's (KLSE:HEVEA) CEO Might Not Expect Shareholders To Be So Generous This Year

Jun 22

HeveaBoard Berhad's(KLSE:HEVEA) Share Price Is Down 51% Over The Past Five Years.

Feb 11

HeveaBoard Berhad (KLSE:HEVEA) Could Easily Take On More Debt

Jan 27

Is Now The Time To Look At Buying HeveaBoard Berhad (KLSE:HEVEA)?

Jan 12

A Quick Analysis On HeveaBoard Berhad's (KLSE:HEVEA) CEO Compensation

Dec 28

HeveaBoard Berhad's (KLSE:HEVEA) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Dec 15

Should You Use HeveaBoard Berhad's (KLSE:HEVEA) Statutory Earnings To Analyse It?

Dec 03

Here's What HeveaBoard Berhad's (KLSE:HEVEA) Shareholder Ownership Structure Looks Like

Nov 20

Shareholder Returns

	HEVEA	MY Forestry	MY Market
7D	0%	-2.8%	-0.2%
1Y	-23.3%	-1.5%	9.5%

Return vs Industry: HEVEA underperformed the MY Forestry industry which returned -1.5% over the past year.

Return vs Market: HEVEA underperformed the MY Market which returned 9.5% over the past year.

Price Volatility

Is HEVEA's price volatile compared to industry and market?
HEVEA volatility
HEVEA Average Weekly Movement	4.1%
Forestry Industry Average Movement	4.8%
Market Average Movement	5.0%
10% most volatile stocks in MY Market	10.1%
10% least volatile stocks in MY Market	2.6%

Stable Share Price: HEVEA has not had significant price volatility in the past 3 months compared to the MY market.

Volatility Over Time: HEVEA's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1993	1,790	Hau Yoong	www.heveaboard.com.my

HeveaBoard Berhad, an investment holding company, manufactures, trades in, and distributes particleboards and particleboard-based products. The company manufactures, trades, distributes, and markets ready-to-assemble furniture. It also cultivates and trades in gourmet fungi; and trades in and distributes wood panel related products.

HeveaBoard Berhad Fundamentals Summary

How do HeveaBoard Berhad's earnings and revenue compare to its market cap?
HEVEA fundamental statistics
Market cap	RM 158.44m
Earnings (TTM)	RM 3.21m
Revenue (TTM)	RM 317.26m

49.4x

P/E Ratio

0.5x

P/S Ratio

Is HEVEA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEVEA income statement (TTM)
Revenue	RM 317.26m
Cost of Revenue	RM 294.98m
Gross Profit	RM 22.28m
Other Expenses	RM 19.07m
Earnings	RM 3.21m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0057
Gross Margin	7.02%
Net Profit Margin	1.01%
Debt/Equity Ratio	4.1%

How did HEVEA perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

177%

Payout Ratio

HEVEA Stock Overview

Rewards

Risk Analysis

HeveaBoard Berhad Competitors

KLSE:MINHO

RM 103.5m

KLSE:DOMINAN

RM 137.1m

KLSE:TOPMIX

RM 193.0m

KLSE:EKSONS

RM 93.7m

Price History & Performance

Recent News & Updates

Consensus revenue estimates fall by 19%

HeveaBoard Berhad's (KLSE:HEVEA) Analyst Just Slashed This Year's Estimates

Second quarter 2024 earnings released: RM0.001 loss per share (vs RM0 in 2Q 2023)

When Should You Buy HeveaBoard Berhad (KLSE:HEVEA)?

Upcoming dividend of RM0.01 per share

First quarter 2024 earnings released: EPS: RM0.002 (vs RM0.012 loss in 1Q 2023)

Recent updates

Consensus revenue estimates fall by 19%

HeveaBoard Berhad's (KLSE:HEVEA) Analyst Just Slashed This Year's Estimates

Second quarter 2024 earnings released: RM0.001 loss per share (vs RM0 in 2Q 2023)

When Should You Buy HeveaBoard Berhad (KLSE:HEVEA)?

Upcoming dividend of RM0.01 per share

First quarter 2024 earnings released: EPS: RM0.002 (vs RM0.012 loss in 1Q 2023)

Dividend reduced to RM0.01

HeveaBoard Berhad, Annual General Meeting, Jun 28, 2024

Full year 2023 earnings released: RM0.006 loss per share (vs RM0.016 profit in FY 2022)

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0.006 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0 (vs RM0.005 in 2Q 2022)

Upcoming dividend of RM0.012 per share at 3.4% yield

Heveaboard Berhad Approves First and Final Single-Tier Dividend in Respect of the Financial Year Ended 31 December 2022

First quarter 2023 earnings released: RM0.012 loss per share (vs RM0.009 profit in 1Q 2022)

HeveaBoard Berhad appoints Chin Pik Yuen as Independent and Non Executive Chairman of Audit Committee

HeveaBoard Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Full year 2022 earnings released: EPS: RM0.017 (vs RM0.002 loss in FY 2021)

HeveaBoard Berhad (KLSE:HEVEA) Could Be At Risk Of Shrinking As A Company

Third quarter 2022 earnings released: RM0.006 loss per share (vs RM0.007 loss in 3Q 2021)

Consensus EPS estimates fall by 58%

Insufficient new directors

HeveaBoard Berhad Appoints Miss Chin Pik Yuen as Independent and Non Executive Director

HeveaBoard Berhad's (KLSE:HEVEA) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Second quarter 2022 earnings released: EPS: RM0.005 (vs RM0.007 loss in 2Q 2021)

Consensus forecasts updated

Upcoming dividend of RM0.01 per share

When Should You Buy HeveaBoard Berhad (KLSE:HEVEA)?

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

HeveaBoard Berhad, Annual General Meeting, Jun 24, 2022

Price target increased to RM0.63

Insufficient new directors

HeveaBoard Berhad Recommends First and Final Single-Tier Dividend in Respect of the Financial Year Ended 31 December 2021

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target increased to RM0.63

Insufficient new directors

Insufficient new directors

Third quarter 2021 earnings: EPS and revenues exceed analyst expectations

HeveaBoard Berhad (KLSE:HEVEA) Has A Rock Solid Balance Sheet

Second quarter 2021 earnings released: RM0.007 loss per share (vs RM0.008 loss in 2Q 2020)

Price target decreased to RM0.54

HeveaBoard Berhad's (KLSE:HEVEA) CEO Might Not Expect Shareholders To Be So Generous This Year

Consensus EPS estimates fall to RM0.025

Heveaboard Berhad Announces Final Dividend for the Financial Year Ended 31 December 2020, Payable on July 29, 2021

Consensus forecasts updated

First quarter 2021 earnings released: RM0.002 loss per share (vs RM0.003 profit in 1Q 2020)

HeveaBoard Berhad (KLSE:HEVEA) Could Easily Take On More Debt

When Should You Buy HeveaBoard Berhad (KLSE:HEVEA)?

What These Trends Mean At HeveaBoard Berhad (KLSE:HEVEA)

Revenue and earnings beat expectations

Full year 2020 earnings released: EPS RM0.028 (vs RM0.026 in FY 2019)

Estimating The Intrinsic Value Of HeveaBoard Berhad (KLSE:HEVEA)

HeveaBoard Berhad's(KLSE:HEVEA) Share Price Is Down 51% Over The Past Five Years.

HeveaBoard Berhad (KLSE:HEVEA) Could Easily Take On More Debt

Is Now The Time To Look At Buying HeveaBoard Berhad (KLSE:HEVEA)?

A Quick Analysis On HeveaBoard Berhad's (KLSE:HEVEA) CEO Compensation

Analysts update estimates

HeveaBoard Berhad's (KLSE:HEVEA) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Should You Use HeveaBoard Berhad's (KLSE:HEVEA) Statutory Earnings To Analyse It?