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LUST

Luster Industries BhdKLSE:LUSTER Stock Report

Market Cap

RM390.6m

7D

-3.6%

1Y

-20.6%

Updated

25 Oct, 2021

Data

Company Financials
LUSTER fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

LUSTER Overview

Luster Industries Bhd, an investment holding company, manufactures and sells precision plastic parts and components in Malaysia, Hong Kong, the United Kingdom, Singapore, Cambodia, Australia, the United States, Italy, Indonesia, Cyprus, New Zealand, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Luster Industries Bhd
Historical stock prices
Current Share PriceRM0.14
52 Week HighRM0.13
52 Week LowRM0.27
Beta1.96
1 Month Change3.85%
3 Month Change-25.00%
1 Year Change-20.59%
3 Year Change58.82%
5 Year Change125.00%
Change since IPO-70.81%

Recent News & Updates

Aug 25
Luster Industries Bhd (KLSE:LUSTER) Has A Pretty Healthy Balance Sheet

Luster Industries Bhd (KLSE:LUSTER) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Mar 21
Luster Industries Bhd (KLSE:LUSTER) Seems To Use Debt Quite Sensibly

Luster Industries Bhd (KLSE:LUSTER) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Mar 01
What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?

What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?

The big shareholder groups in Luster Industries Bhd ( KLSE:LUSTER ) have power over the company. Institutions often own...

Shareholder Returns

LUSTERMY ChemicalsMY Market
7D-3.6%0.7%-0.5%
1Y-20.6%42.7%9.3%

Return vs Industry: LUSTER underperformed the MY Chemicals industry which returned 42.7% over the past year.

Return vs Market: LUSTER underperformed the MY Market which returned 9.3% over the past year.

Price Volatility

Is LUSTER's price volatile compared to industry and market?
LUSTER volatility
LUSTER Beta1.96
Industry Beta0.54
Market Beta1

Stable Share Price: LUSTER is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: LUSTER's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aWooi Lianghttps://www.lustergroup.com

Luster Industries Bhd, an investment holding company, manufactures and sells precision plastic parts and components in Malaysia, Hong Kong, the United Kingdom, Singapore, Cambodia, Australia, the United States, Italy, Indonesia, Cyprus, New Zealand, and internationally. It operates through Manufacturing, Construction and Property Development, and Gaming and Leisure segments. The company is also involved in the sub-assembly of plastic parts and products; manufacture of die-casting components, acoustic and consumer’s electronic products; manufacture, sale, and distribution of latex examination gloves; and real estate activities.

Luster Industries Bhd Fundamentals Summary

How do Luster Industries Bhd's earnings and revenue compare to its market cap?
LUSTER fundamental statistics
Market CapRM390.55m
Earnings (TTM)RM7.04m
Revenue (TTM)RM173.99m

55.6x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LUSTER income statement (TTM)
RevenueRM173.99m
Cost of RevenueRM145.79m
Gross ProfitRM28.20m
ExpensesRM21.16m
EarningsRM7.04m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0024
Gross Margin16.21%
Net Profit Margin4.04%
Debt/Equity Ratio6.8%

How did LUSTER perform over the long term?

See historical performance and comparison

Valuation

Is Luster Industries 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: LUSTER (MYR0.14) is trading below our estimate of fair value (MYR0.75)

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


Price To Earnings Ratio

PE vs Industry: LUSTER is poor value based on its PE Ratio (55.6x) compared to the MY Chemicals industry average (17.3x).

PE vs Market: LUSTER is poor value based on its PE Ratio (55.6x) compared to the MY market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LUSTER's PB Ratio (1.4x) is in line with the MY Chemicals industry average.


Future Growth

How is Luster Industries Bhd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.9%

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 Luster Industries 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 Luster Industries Bhd performed over the past 5 years?

55.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LUSTER has high quality earnings.

Growing Profit Margin: LUSTER's current net profit margins (4%) are lower than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: LUSTER has become profitable over the past 5 years, growing earnings by 55.7% per year.

Accelerating Growth: LUSTER's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LUSTER had negative earnings growth (-20.6%) over the past year, making it difficult to compare to the Chemicals industry average (46.8%).


Return on Equity

High ROE: LUSTER's Return on Equity (2.6%) is considered low.


Financial Health

How is Luster Industries Bhd's financial position?


Financial Position Analysis

Short Term Liabilities: LUSTER's short term assets (MYR300.2M) exceed its short term liabilities (MYR107.3M).

Long Term Liabilities: LUSTER's short term assets (MYR300.2M) exceed its long term liabilities (MYR13.7M).


Debt to Equity History and Analysis

Debt Level: LUSTER's debt to equity ratio (6.8%) is considered satisfactory.

Reducing Debt: LUSTER's debt to equity ratio has increased from 0.7% to 6.8% over the past 5 years.

Debt Coverage: LUSTER's debt is well covered by operating cash flow (191.7%).

Interest Coverage: LUSTER's interest payments on its debt are well covered by EBIT (21.4x coverage).


Balance Sheet


Dividend

What is Luster Industries Bhd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.3yrs

Average management tenure


CEO

Wooi Liang (49 yo)

no data

Tenure

RM36,000

Compensation

Mr. Wooi Gee Liang has been Deputy Managing Director of Luster Industries Bhd since June 28, 2013 and serves as its Group Chief Executive Officer and Group Chief Financial Officer. Mr. Liang served as Cont...


Leadership Team

Experienced Management: LUSTER's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: LUSTER's board of directors are considered experienced (4.3 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 been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

Company Information

Luster Industries Bhd's employee growth, exchange listings and data sources


Key Information

  • Name: Luster Industries Bhd
  • Ticker: LUSTER
  • Exchange: KLSE
  • Founded: 1986
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: RM390.551m
  • Shares outstanding: 2.89b
  • Website: https://www.lustergroup.com

Location

  • Luster Industries Bhd
  • Plot 36 & 37, Jalan PKNK Utama
  • Kawasan Perusahaan Sungai Petani
  • Sungai Petani
  • Kedah
  • 8000
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:46
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
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.