Malayan Cement Berhad, an investment holding company, produces, manufactures, and trades in cement, clinker, ready-mix concrete, and other building materials and related products primarily in Malaysia and Singapore.
Price History & Performance
|Historical stock prices|
|Current Share Price||RM2.95|
|52 Week High||RM1.77|
|52 Week Low||RM3.30|
|1 Month Change||4.98%|
|3 Month Change||-0.67%|
|1 Year Change||63.89%|
|3 Year Change||3.87%|
|5 Year Change||-64.29%|
|Change since IPO||-71.19%|
Recent News & Updates
Malayan Cement Berhad (KLSE:MCEMENT) Strong Profits May Be Masking Some Underlying Issues
The recent earnings posted by Malayan Cement Berhad ( KLSE:MCEMENT ) were solid, but the stock didn't move as much as...
Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 45% Discount?
In this article we are going to estimate the intrinsic value of Malayan Cement Berhad ( KLSE:MCEMENT ) by taking the...
Loss-Making Malayan Cement Berhad (KLSE:MCEMENT) Set To Breakeven
Malayan Cement Berhad ( KLSE:MCEMENT ) is possibly approaching a major achievement in its business, so we would like to...
If You Had Bought Malayan Cement Berhad's (KLSE:MCEMENT) Shares Five Years Ago You Would Be Down 77%
While it may not be enough for some shareholders, we think it is good to see the Malayan Cement Berhad ( KLSE:MCEMENT...
|MCEMENT||MY Basic Materials||MY Market|
Return vs Industry: MCEMENT exceeded the MY Basic Materials industry which returned 37.2% over the past year.
Return vs Market: MCEMENT exceeded the MY Market which returned 6.1% over the past year.
Stable Share Price: MCEMENT is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MCEMENT's weekly volatility (3%) has been stable over the past year.
About the Company
Malayan Cement Berhad, an investment holding company, produces, manufactures, and trades in cement, clinker, ready-mix concrete, and other building materials and related products primarily in Malaysia and Singapore. The company operates through Cement, and Aggregates and Concrete segments. In addition, it trades in and imports cement, other building materials, and aggregates and related products; ships bulk cements and charters vessels; manages and operates a jetty; and quarries and trades in granite and quarry products.
Malayan Cement Berhad Fundamentals Summary
|MCEMENT fundamental statistics|
Is MCEMENT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MCEMENT income statement (TTM)|
|Cost of Revenue||RM1.21b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0085|
|Net Profit Margin||0.53%|
How did MCEMENT perform over the long term?See historical performance and comparison
Is Malayan Cement Berhad undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MCEMENT (MYR2.95) is trading below our estimate of fair value (MYR8.31)
Significantly Below Fair Value: MCEMENT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MCEMENT is poor value based on its PE Ratio (377.2x) compared to the MY Basic Materials industry average (27.6x).
PE vs Market: MCEMENT is poor value based on its PE Ratio (377.2x) compared to the MY market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: MCEMENT is poor value based on its PEG Ratio (15.7x)
Price to Book Ratio
PB vs Industry: MCEMENT's PB Ratio (1.1x) is in line with the MY Basic Materials industry average.
How is Malayan Cement Berhad forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCEMENT's forecast earnings growth (24% per year) is above the savings rate (3.6%).
Earnings vs Market: MCEMENT's earnings (24% per year) are forecast to grow faster than the MY market (10.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MCEMENT's revenue (16.8% per year) is forecast to grow faster than the MY market (6.2% per year).
High Growth Revenue: MCEMENT's revenue (16.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MCEMENT's Return on Equity is forecast to be low in 3 years time (1%).
How has Malayan Cement Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCEMENT has high quality earnings.
Growing Profit Margin: MCEMENT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MCEMENT has become profitable over the past 5 years, growing earnings by -30.4% per year.
Accelerating Growth: MCEMENT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MCEMENT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (28.1%).
Return on Equity
High ROE: MCEMENT's Return on Equity (0.3%) is considered low.
How is Malayan Cement Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: MCEMENT's short term assets (MYR711.6M) exceed its short term liabilities (MYR667.5M).
Long Term Liabilities: MCEMENT's short term assets (MYR711.6M) exceed its long term liabilities (MYR687.5M).
Debt to Equity History and Analysis
Debt Level: MCEMENT's debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: MCEMENT's debt to equity ratio has increased from 12.1% to 28.4% over the past 5 years.
Debt Coverage: MCEMENT's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: MCEMENT's interest payments on its debt are not well covered by EBIT (0.8x coverage).
What is Malayan Cement Berhad current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCEMENT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCEMENT'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 MCEMENT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCEMENT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MCEMENT is not paying a notable dividend for the MY market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCEMENT'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
Michael Yeoh (60 yo)
Mr. Sri Yeoh Sock Siong, also known as Michael, serves as a Director of YTL Industries Berhad. Mr. Sri Michael Yeoh Sock Siong has been Managing Director at Malayan Cement Berhad (formerly known as Lafarge...
Experienced Management: MCEMENT's management team is considered experienced (2.5 years average tenure).
Experienced Board: MCEMENT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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 10%.
Malayan Cement Berhad's employee growth, exchange listings and data sources
- Name: Malayan Cement Berhad
- Ticker: MCEMENT
- Exchange: KLSE
- Founded: 1950
- Industry: Construction Materials
- Sector: Materials
- Market Cap: RM2.757b
- Shares outstanding: 934.70m
- Website: https://ytlcement.my
- Malayan Cement Berhad
- Menara YTL
- 33rd Floor
- Kuala Lumpur
- Wilayah Persekutuan
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/17 15:33|
|End of Day Share Price||2021/09/17 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.