Prestar Resources Berhad (KLSE:PRESTAR) - Stock Price, News & Analysis

PRESTAR Stock Overview

An investment holding company, manufactures and trades in steel related products primarily in Malaysia.

PRESTAR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	5/6

Rewards

Price-To-Earnings ratio (6.9x) is below the MY market (18.1x)

Earnings grew by 1044% over the past year

Risk Analysis

Unstable dividend track record

Does not have a meaningful market cap (MYR178M)

Prestar Resources Berhad Competitors

Leon Fuat Berhad

KLSE:LEONFB

RM 194.4m

Mycron Steel Berhad

KLSE:MYCRON

RM 160.3m

Tashin Holdings Berhad

KLSE:TASHIN

RM 132.6m

Malaysia Steel Works (KL) Bhd

KLSE:MASTEEL

RM 257.4m

Price History & Performance

Summary of all time highs, changes and price drops for Prestar Resources Berhad
Historical stock prices
Current Share Price	RM 0.50
52 Week High	RM 0.58
52 Week Low	RM 0.39
Beta	1.47
11 Month Change	3.09%
3 Month Change	-0.99%
1 Year Change	23.46%
33 Year Change	-23.81%
5 Year Change	60.00%
Change since IPO	-50.00%

We Think Shareholders May Want To Consider A Review Of Prestar Resources Berhad's (KLSE:PRESTAR) CEO Compensation Package

Jun 05

There's Been No Shortage Of Growth Recently For Prestar Resources Berhad's (KLSE:PRESTAR) Returns On Capital

May 30

Investors Don't See Light At End Of Prestar Resources Berhad's (KLSE:PRESTAR) Tunnel

Apr 21

Recent updates

We Think Shareholders May Want To Consider A Review Of Prestar Resources Berhad's (KLSE:PRESTAR) CEO Compensation Package

Jun 05

There's Been No Shortage Of Growth Recently For Prestar Resources Berhad's (KLSE:PRESTAR) Returns On Capital

May 30

Investors Don't See Light At End Of Prestar Resources Berhad's (KLSE:PRESTAR) Tunnel

Apr 21

Returns On Capital Are Showing Encouraging Signs At Prestar Resources Berhad (KLSE:PRESTAR)

Feb 08

Here's Why Prestar Resources Berhad (KLSE:PRESTAR) Has A Meaningful Debt Burden

Jan 03

Here's Why I Think Prestar Resources Berhad (KLSE:PRESTAR) Is An Interesting Stock

Oct 14

We Think Prestar Resources Berhad (KLSE:PRESTAR) Is Taking Some Risk With Its Debt

Sep 01

Increases to Prestar Resources Berhad's (KLSE:PRESTAR) CEO Compensation Might Cool off for now

Jun 15

Prestar Resources Berhad's (KLSE:PRESTAR) Returns On Capital Not Reflecting Well On The Business

Jun 01

Does Prestar Resources Berhad (KLSE:PRESTAR) Have A Healthy Balance Sheet?

May 10

The Trends At Prestar Resources Berhad (KLSE:PRESTAR) That You Should Know About

Mar 01

Prestar Resources Berhad (KLSE:PRESTAR) Is Carrying A Fair Bit Of Debt

Jan 01

Shareholder Returns

	PRESTAR	MY Metals and Mining	MY Market
7D	-2.0%	-6.2%	-1.6%
1Y	23.5%	-1.3%	16.1%

Return vs Industry: PRESTAR exceeded the MY Metals and Mining industry which returned -1.3% over the past year.

Return vs Market: PRESTAR exceeded the MY Market which returned 16.1% over the past year.

Price Volatility

Is PRESTAR's price volatile compared to industry and market?
PRESTAR volatility
PRESTAR Average Weekly Movement	4.4%
Metals and Mining Industry Average Movement	5.2%
Market Average Movement	5.5%
10% most volatile stocks in MY Market	11.7%
10% least volatile stocks in MY Market	2.4%

Stable Share Price: PRESTAR has not had significant price volatility in the past 3 months.

Volatility Over Time: PRESTAR's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1984	619	Yew Peng Toh	www.prestar.com.my

Prestar Resources Berhad, an investment holding company, manufactures and trades in steel related products primarily in Malaysia. The company operates in three segments: Investment, Trading, and Manufacturing. It manufactures, exports, and installs material handling equipment, structural steel works, pallet racking systems, and wheelbarrows and platform hand trucks; manufactures, supplies, and installs guardrails and related products; and manufactures a range of steel pipes, tubes, and hollow sections.

Prestar Resources Berhad Fundamentals Summary

How do Prestar Resources Berhad's earnings and revenue compare to its market cap?
PRESTAR fundamental statistics
Market cap	RM 177.74m
Earnings (TTM)	RM 25.92m
Revenue (TTM)	RM 516.70m

6.9x

P/E Ratio

0.3x

P/S Ratio

Is PRESTAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRESTAR income statement (TTM)
Revenue	RM 516.70m
Cost of Revenue	RM 455.71m
Gross Profit	RM 60.99m
Other Expenses	RM 35.07m
Earnings	RM 25.92m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.072
Gross Margin	11.80%
Net Profit Margin	5.02%
Debt/Equity Ratio	24.9%

How did PRESTAR perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

35%

Payout Ratio

PRESTAR Stock Overview

Rewards

Risk Analysis

Prestar Resources Berhad Competitors

KLSE:LEONFB

RM 194.4m

KLSE:MYCRON

RM 160.3m

KLSE:TASHIN

RM 132.6m

KLSE:MASTEEL

RM 257.4m

Price History & Performance

Recent News & Updates

We Think Shareholders May Want To Consider A Review Of Prestar Resources Berhad's (KLSE:PRESTAR) CEO Compensation Package

There's Been No Shortage Of Growth Recently For Prestar Resources Berhad's (KLSE:PRESTAR) Returns On Capital

First quarter 2024 earnings released: EPS: RM0.012 (vs RM0.013 in 1Q 2023)

New minor risk - Shareholder dilution

Prestar Resources Berhad, Annual General Meeting, Jun 12, 2024

Investors Don't See Light At End Of Prestar Resources Berhad's (KLSE:PRESTAR) Tunnel

Recent updates

We Think Shareholders May Want To Consider A Review Of Prestar Resources Berhad's (KLSE:PRESTAR) CEO Compensation Package

There's Been No Shortage Of Growth Recently For Prestar Resources Berhad's (KLSE:PRESTAR) Returns On Capital

First quarter 2024 earnings released: EPS: RM0.012 (vs RM0.013 in 1Q 2023)

New minor risk - Shareholder dilution

Prestar Resources Berhad, Annual General Meeting, Jun 12, 2024

Investors Don't See Light At End Of Prestar Resources Berhad's (KLSE:PRESTAR) Tunnel

Upcoming dividend of RM0.015 per share

Full year 2023 earnings released: EPS: RM0.072 (vs RM0.042 in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.021 (vs RM0.026 loss in 3Q 2022)

Upcoming dividend of RM0.01 per share at 4.7% yield

Prestar Resources Berhad Announces First Single-Tier Interim Dividend for the Financial Year Ending December 31, 2023, Payable on 06 October 2023

Second quarter 2023 earnings released: EPS: RM0.018 (vs RM0.031 in 2Q 2022)

Prestar Resources Berhad Appoints Andy Toh Jin Hong as Executive Director, Effective from 01 August 2023

Prestar Resources Berhad Announces the Resignation of Toh Yew Chin as Executive Director

New minor risk - Shareholder dilution

Prestar Resources Berhad Announces Retirement of Toh Yew Kar as Executive Director

First quarter 2023 earnings released: EPS: RM0.013 (vs RM0.05 in 1Q 2022)

Less than half of directors are independent

Full year 2022 earnings released: EPS: RM0.044 (vs RM0.28 in FY 2021)

Now 20% undervalued

Prestar Resources Berhad Announces Appointment of Choy Jing Yi as Principal Officer, Effective from 1 January 2023

Third quarter 2022 earnings released: RM0.028 loss per share (vs RM0.072 profit in 3Q 2021)

Less than half of directors are independent

Prestar Resources Berhad Announces Appointment of Dato' Quah Thain Khan as Independent and Non Executive Member of Audit Committee, Effective on October 01, 2022

Prestar Resources Berhad Announces Retirement of Mr. Lou Swee You as Independent and Non Executive Independent Director, Effective October 1, 2022

Second quarter 2022 earnings released: EPS: RM0.033 (vs RM0.06 in 2Q 2021)

Upcoming dividend of RM0.02 per share

Prestar Resources Berhad Appoints DATO' SIEW MUN WAI as Independent and Non Executive Director

Prestar Resources Berhad Announces Retirement of Encik Md Nahar Bin Noordin as Independent and Non Executive Director

First quarter 2022 earnings released: EPS: RM0.05 (vs RM0.059 in 1Q 2021)

Now 21% undervalued after recent price drop

Prestar Resources Berhad Announces Single-Tier Final Dividend for the Financial Year Ended 31 December 2021, Payable on 25 August 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Prestar Resources Berhad Proposes Single-Tier Final Dividend for the Financial Year Ended December 31, 2021

Returns On Capital Are Showing Encouraging Signs At Prestar Resources Berhad (KLSE:PRESTAR)

Here's Why Prestar Resources Berhad (KLSE:PRESTAR) Has A Meaningful Debt Burden

Upcoming dividend of RM0.02 per share

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Here's Why I Think Prestar Resources Berhad (KLSE:PRESTAR) Is An Interesting Stock

We Think Prestar Resources Berhad (KLSE:PRESTAR) Is Taking Some Risk With Its Debt

Second quarter 2021 earnings released: EPS RM0.096 (vs RM0.009 loss in 2Q 2020)

Upcoming dividend of RM0.01 per share

Upcoming dividend of RM0.01 per share

Increases to Prestar Resources Berhad's (KLSE:PRESTAR) CEO Compensation Might Cool off for now

Prestar Resources Berhad has completed a Follow-on Equity Offering in the amount of MYR 19.4032 million.

Prestar Resources Berhad's (KLSE:PRESTAR) Returns On Capital Not Reflecting Well On The Business

Investor sentiment deteriorated over the past week

Co-Founder & Executive Director Yew Toh has left the company

Does Prestar Resources Berhad (KLSE:PRESTAR) Have A Healthy Balance Sheet?

First quarter 2021 earnings released: EPS RM0.095 (vs RM0.021 in 1Q 2020)

Prestar Resources Berhad Declares First Single-Tier Interim Dividend for the Financial Year Ending December 31, 2021

Prestar Resources Berhad Announces Single-Tier Final Dividend for the Financial Year Ended 31 Dec. 2020

Investor sentiment improved over the past week

The Trends At Prestar Resources Berhad (KLSE:PRESTAR) That You Should Know About

Full year 2020 earnings released: EPS RM0.11 (vs RM0.017 in FY 2019)

Investor sentiment improved over the past week

New 90-day high: RM0.91

Prestar Resources Berhad (KLSE:PRESTAR) Is Carrying A Fair Bit Of Debt

New 90-day high: RM0.79