Hiap Teck Venture Berhad, through its subsidiaries, manufactures, rents, distributes, and sells steel pipes, hollow sections, scaffolding equipment, accessories, steel slabs, and other steel products in Malaysia.
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.68|
|52 Week High||RM0.17|
|52 Week Low||RM0.70|
|1 Month Change||15.25%|
|3 Month Change||30.77%|
|1 Year Change||267.57%|
|3 Year Change||86.30%|
|5 Year Change||122.95%|
|Change since IPO||4.62%|
Recent News & Updates
We Think Hiap Teck Venture Berhad (KLSE:HIAPTEK) Can Manage Its Debt With Ease
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
I Ran A Stock Scan For Earnings Growth And Hiap Teck Venture Berhad (KLSE:HIAPTEK) Passed With Ease
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Calculating The Intrinsic Value Of Hiap Teck Venture Berhad (KLSE:HIAPTEK)
Today we will run through one way of estimating the intrinsic value of Hiap Teck Venture Berhad ( KLSE:HIAPTEK ) by...
|HIAPTEK||MY Metals and Mining||MY Market|
Return vs Industry: HIAPTEK exceeded the MY Metals and Mining industry which returned 142% over the past year.
Return vs Market: HIAPTEK exceeded the MY Market which returned 8.9% over the past year.
Stable Share Price: HIAPTEK is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: HIAPTEK's weekly volatility (6%) has been stable over the past year.
About the Company
Hiap Teck Venture Berhad, through its subsidiaries, manufactures, rents, distributes, and sells steel pipes, hollow sections, scaffolding equipment, accessories, steel slabs, and other steel products in Malaysia. The company operates through five segments: Trading, Manufacturing, Property and Investment, Transportation, and Mining and Exploration. It also operates as an importer, exporter, lessor, and a general dealer of steel products, hardware, and building materials.
Hiap Teck Venture Berhad Fundamentals Summary
|HIAPTEK fundamental statistics|
Is HIAPTEK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HIAPTEK income statement (TTM)|
|Cost of Revenue||RM912.04m|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.095|
|Net Profit Margin||15.11%|
How did HIAPTEK perform over the long term?See historical performance and comparison
1.5%Current Dividend Yield
Is Hiap Teck Venture 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: HIAPTEK (MYR0.68) is trading above our estimate of fair value (MYR0.4)
Significantly Below Fair Value: HIAPTEK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HIAPTEK is good value based on its PE Ratio (7.2x) compared to the MY Metals and Mining industry average (7.9x).
PE vs Market: HIAPTEK is good value based on its PE Ratio (7.2x) compared to the MY market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: HIAPTEK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HIAPTEK is overvalued based on its PB Ratio (1x) compared to the MY Metals and Mining industry average (0.8x).
How is Hiap Teck Venture 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: HIAPTEK's earnings are forecast to decline over the next 3 years (-3.5% per year).
Earnings vs Market: HIAPTEK's earnings are forecast to decline over the next 3 years (-3.5% per year).
High Growth Earnings: HIAPTEK's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HIAPTEK's revenue (4.2% per year) is forecast to grow slower than the MY market (6.5% per year).
High Growth Revenue: HIAPTEK's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HIAPTEK's Return on Equity is forecast to be low in 3 years time (12.9%).
How has Hiap Teck Venture Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HIAPTEK has high quality earnings.
Growing Profit Margin: HIAPTEK's current net profit margins (15.1%) are higher than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: HIAPTEK has become profitable over the past 5 years, growing earnings by 55.8% per year.
Accelerating Growth: HIAPTEK's earnings growth over the past year (3712.2%) exceeds its 5-year average (55.8% per year).
Earnings vs Industry: HIAPTEK earnings growth over the past year (3712.2%) exceeded the Metals and Mining industry 243.6%.
Return on Equity
High ROE: HIAPTEK's Return on Equity (14.5%) is considered low.
How is Hiap Teck Venture Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: HIAPTEK's short term assets (MYR841.0M) exceed its short term liabilities (MYR464.6M).
Long Term Liabilities: HIAPTEK's short term assets (MYR841.0M) exceed its long term liabilities (MYR17.8M).
Debt to Equity History and Analysis
Debt Level: HIAPTEK's debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: HIAPTEK's debt to equity ratio has reduced from 67.6% to 36.5% over the past 5 years.
Debt Coverage: HIAPTEK's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: HIAPTEK's interest payments on its debt are well covered by EBIT (10x coverage).
What is Hiap Teck Venture Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HIAPTEK's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.51%).
High Dividend: HIAPTEK's dividend (1.47%) is low compared to the top 25% of dividend payers in the MY market (4.12%).
Stability and Growth of Payments
Stable Dividend: HIAPTEK's dividend payments have been volatile in the past 10 years.
Growing Dividend: HIAPTEK's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.7%), HIAPTEK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HIAPTEK's dividends in 3 years are forecast to be well covered by earnings (33.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hiap Teck Venture Berhad has no CEO, or we have no data on them.
Experienced Management: HIAPTEK's management team is seasoned and experienced (7.5 years average tenure).
Experienced Board: HIAPTEK's board of directors are considered experienced (8.8 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 been diluted in the past year, with total shares outstanding growing by 25.7%.
Hiap Teck Venture Berhad's employee growth, exchange listings and data sources
- Name: Hiap Teck Venture Berhad
- Ticker: HIAPTEK
- Exchange: KLSE
- Founded: 1993
- Industry: Steel
- Sector: Materials
- Market Cap: RM1.174b
- Shares outstanding: 1.73b
- Website: https://www.htgrp.com.my
- Hiap Teck Venture Berhad
- Lot 6096, Jalan Haji Abdul Manan
- Batu 5-1/2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 11:03|
|End of Day Share Price||2021/10/15 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.