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Mieco Chipboard Berhad KLSE:MIECO Stock Report

Last Price

RM 0.71

Market Cap

RM 710.0m

7D

5.2%

1Y

9.2%

Updated

21 Nov, 2024

Data

Company Financials

Mieco Chipboard Berhad

KLSE:MIECO Stock Report

Market Cap: RM 710.0m

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

Mieco Chipboard Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mieco Chipboard Berhad
Historical stock prices
Current Share PriceRM 0.71
52 Week HighRM 0.75
52 Week LowRM 0.55
Beta0.65
11 Month Change5.19%
3 Month Change5.97%
1 Year Change9.23%
33 Year Change57.78%
5 Year Change298.60%
Change since IPO90.60%

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
7D5.2%0.8%-0.2%
1Y9.2%-1.0%9.7%

Return vs Industry: MIECO exceeded the MY Forestry industry which returned -1% over the past year.

Return vs Market: MIECO matched the MY Market which returned 9.7% over the past year.

Price Volatility

Is MIECO's price volatile compared to industry and market?
MIECO volatility
MIECO Average Weekly Movement3.6%
Forestry Industry Average Movement4.7%
Market Average Movement5.0%
10% most volatile stocks in MY Market10.1%
10% least volatile stocks in MY Market2.5%

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 (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972638Ah 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 710.00m
Earnings (TTM)-RM 22.25m
Revenue (TTM)RM 409.39m

1.7x

P/S Ratio

-31.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIECO income statement (TTM)
RevenueRM 409.39m
Cost of RevenueRM 415.41m
Gross Profit-RM 6.03m
Other ExpensesRM 16.23m
Earnings-RM 22.25m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.022
Gross Margin-1.47%
Net Profit Margin-5.44%
Debt/Equity Ratio74.5%

How did MIECO perform over the long term?

See historical performance and comparison