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Mieco Chipboard Berhad KLSE:MIECO Stock Report

Last Price

RM 0.69

Market Cap

RM 695.0m

7D

1.5%

1Y

6.9%

Updated

23 Jan, 2025

Data

Company Financials

Mieco Chipboard Berhad

KLSE:MIECO Stock Report

Market Cap: RM 695.0m

MIECO Stock Overview

An investment holding company, engages in the manufacture and sale of wood based products in Malaysia, Hong Kong, China, and internationally. More details

MIECO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Mieco Chipboard Berhad Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mieco Chipboard Berhad
Historical stock prices
Current Share PriceRM 0.69
52 Week HighRM 0.75
52 Week LowRM 0.55
Beta0.68
1 Month Change3.73%
3 Month Change2.21%
1 Year Change6.92%
3 Year Change24.11%
5 Year Change283.45%
Change since IPO86.58%

Recent News & Updates

Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

May 21
Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

Recent updates

Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

May 21
Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

Investors Met With Slowing Returns on Capital At Mieco Chipboard Berhad (KLSE:MIECO)

Apr 13
Investors Met With Slowing Returns on Capital At Mieco Chipboard Berhad (KLSE:MIECO)

Why Mieco Chipboard Berhad's (KLSE:MIECO) Healthy Earnings Aren’t As Good As They Seem

Jun 02
Why Mieco Chipboard Berhad's (KLSE:MIECO) Healthy Earnings Aren’t As Good As They Seem

These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively

May 06
These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively

What Do The Returns On Capital At Mieco Chipboard Berhad (KLSE:MIECO) Tell Us?

Mar 01
What Do The Returns On Capital At Mieco Chipboard Berhad (KLSE:MIECO) Tell Us?

Would Mieco Chipboard Berhad (KLSE:MIECO) Be Better Off With Less Debt?

Feb 01
Would Mieco Chipboard Berhad (KLSE:MIECO) Be Better Off With Less Debt?

Does Mieco Chipboard Berhad's (KLSE:MIECO) CEO Salary Compare Well With Industry Peers?

Dec 28
Does Mieco Chipboard Berhad's (KLSE:MIECO) CEO Salary Compare Well With Industry Peers?

A Look At The Intrinsic Value Of Mieco Chipboard Berhad (KLSE:MIECO)

Dec 01
A Look At The Intrinsic Value Of Mieco Chipboard Berhad (KLSE:MIECO)

Shareholder Returns

MIECOMY ForestryMY Market
7D1.5%0.3%1.6%
1Y6.9%-5.5%6.1%

Return vs Industry: MIECO exceeded the MY Forestry industry which returned -5.5% over the past year.

Return vs Market: MIECO matched the MY Market which returned 6.1% over the past year.

Price Volatility

Is MIECO's price volatile compared to industry and market?
MIECO volatility
MIECO Average Weekly Movement3.3%
Forestry Industry Average Movement4.7%
Market Average Movement4.9%
10% most volatile stocks in MY Market9.9%
10% least volatile stocks in MY Market2.4%

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

Volatility Over Time: MIECO's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972n/aAh Chai Ngmieco.com.my

Mieco Chipboard Berhad, an investment holding company, engages in the manufacture and sale of wood based products in Malaysia, Hong Kong, China, and internationally. It offers chipboards, plainboards, melamine faced boards, and medium density fibreboards. The company is also involved in the procurement and processing of rubberwood timber; and provision of management services.

Mieco Chipboard Berhad Fundamentals Summary

How do Mieco Chipboard Berhad's earnings and revenue compare to its market cap?
MIECO fundamental statistics
Market capRM 695.00m
Earnings (TTM)-RM 22.25m
Revenue (TTM)RM 406.38m

1.7x

P/S Ratio

-31.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIECO income statement (TTM)
RevenueRM 406.38m
Cost of RevenueRM 415.41m
Gross Profit-RM 9.03m
Other ExpensesRM 13.22m
Earnings-RM 22.25m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.022
Gross Margin-2.22%
Net Profit Margin-5.48%
Debt/Equity Ratio74.5%

How did MIECO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 11:08
End of Day Share Price 2025/01/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mieco Chipboard Berhad is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan KohUOB Kay Hian Research Pte Ltd
Kent ChinUOB Kay Hian Research Pte Ltd
Jit Hoong ChanUOB Kay Hian Research Pte Ltd