MIECO Stock Overview
An investment holding company, engages in the manufacture and sale of wood based products in Malaysia, Hong Kong, China, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Mieco Chipboard Berhad Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM 0.69 |
| 52 Week High | RM 0.71 |
| 52 Week Low | RM 0.60 |
| Beta | 0.71 |
| 11 Month Change | 2.99% |
| 3 Month Change | 6.15% |
| 1 Year Change | 9.52% |
| 33 Year Change | 31.43% |
| 5 Year Change | 268.00% |
| Change since IPO | 85.23% |
Recent News & Updates
Recent updates
Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why
May 21
Investors Met With Slowing Returns on Capital At Mieco Chipboard Berhad (KLSE:MIECO)
Apr 13Why Mieco Chipboard Berhad's (KLSE:MIECO) Healthy Earnings Aren’t As Good As They Seem
Jun 02These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively
May 06What Do The Returns On Capital At Mieco Chipboard Berhad (KLSE:MIECO) Tell Us?
Mar 01Would Mieco Chipboard Berhad (KLSE:MIECO) Be Better Off With Less Debt?
Feb 01Does Mieco Chipboard Berhad's (KLSE:MIECO) CEO Salary Compare Well With Industry Peers?
Dec 28A Look At The Intrinsic Value Of Mieco Chipboard Berhad (KLSE:MIECO)
Dec 01Shareholder Returns
| MIECO | MY Forestry | MY Market | |
|---|---|---|---|
| 7D | 0.7% | 4.5% | 1.2% |
| 1Y | 9.5% | 18.1% | 19.7% |
Return vs Industry: MIECO underperformed the MY Forestry industry which returned 15.8% over the past year.
Return vs Market: MIECO underperformed the MY Market which returned 19.4% over the past year.
Price Volatility
| MIECO volatility | |
|---|---|
| MIECO Average Weekly Movement | 2.3% |
| Forestry Industry Average Movement | 4.7% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in MY Market | 11.6% |
| 10% least volatile stocks in MY Market | 2.6% |
Stable Share Price: MIECO has not had significant price volatility in the past 3 months.
Volatility Over Time: MIECO's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1972 | 638 | Ah Chai Ng | mieco.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
| MIECO fundamental statistics | |
|---|---|
| Market cap | RM 700.00m |
| Earnings (TTM) | -RM 76.77m |
| Revenue (TTM) | RM 399.44m |
1.7x
P/S Ratio-9.0x
P/E RatioIs MIECO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MIECO income statement (TTM) | |
|---|---|
| Revenue | RM 399.44m |
| Cost of Revenue | RM 415.41m |
| Gross Profit | -RM 15.97m |
| Other Expenses | RM 60.80m |
| Earnings | -RM 76.77m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.077 |
| Gross Margin | -4.00% |
| Net Profit Margin | -19.22% |
| Debt/Equity Ratio | 69.0% |
How did MIECO perform over the long term?
See historical performance and comparison