TASHIN Stock Overview
Tashin Holdings Berhad, an investment holding company, processes, manufactures, and trades in steel products in Malaysia.
Tashin Holdings Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.49|
|52 Week High||RM0.68|
|52 Week Low||RM0.40|
|1 Month Change||17.86%|
|3 Month Change||-10.00%|
|1 Year Change||-16.81%|
|3 Year Change||67.80%|
|5 Year Change||n/a|
|Change since IPO||2.06%|
Recent News & Updates
Tashin Holdings Berhad (KLSE:TASHIN) Seems To Use Debt Quite Sensibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Market Still Lacking Some Conviction On Tashin Holdings Berhad (KLSE:TASHIN)
Tashin Holdings Berhad's ( KLSE:TASHIN ) price-to-earnings (or "P/E") ratio of 2.6x might make it look like a strong...
|TASHIN||MY Metals and Mining||MY Market|
Return vs Industry: TASHIN underperformed the MY Metals and Mining industry which returned -1.7% over the past year.
Return vs Market: TASHIN underperformed the MY Market which returned -3.5% over the past year.
|TASHIN Average Weekly Movement||5.6%|
|Metals and Mining Industry Average Movement||6.3%|
|Market Average Movement||5.5%|
|10% most volatile stocks in MY Market||11.7%|
|10% least volatile stocks in MY Market||2.7%|
Stable Share Price: TASHIN is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TASHIN's weekly volatility (6%) has been stable over the past year.
About the Company
|2017||n/a||Choon Teik Lim||https://www.tashin.com.my|
Tashin Holdings Berhad, an investment holding company, processes, manufactures, and trades in steel products in Malaysia. The company offers slit coils, steel plates and sheets, steel pipes, flat and square bars, expanded metals, checkered plates, and C purlins for use in the electronics and electrical, industrial stamping, automobiles, furniture, fabrications, and engineering industries. It also manufactures and trades in steel material and general hardware products.
Tashin Holdings Berhad Fundamentals Summary
|TASHIN fundamental statistics|
Is TASHIN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TASHIN income statement (TTM)|
|Cost of Revenue||RM309.49m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.18|
|Net Profit Margin||15.12%|
How did TASHIN perform over the long term?See historical performance and comparison
12.1%Current Dividend Yield
Is TASHIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TASHIN?
Other financial metrics that can be useful for relative valuation.
|What is TASHIN's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does TASHIN's PE Ratio compare to its peers?
|TASHIN PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
MYCRON Mycron Steel Berhad
EMETALL Eonmetall Group Berhad
PRESTAR Prestar Resources Berhad
LEONFB Leon Fuat Berhad
TASHIN Tashin Holdings Berhad
Price-To-Earnings vs Peers: TASHIN is good value based on its Price-To-Earnings Ratio (2.8x) compared to the peer average (2.9x).
Price to Earnings Ratio vs Industry
How does TASHIN's PE Ratio compare vs other companies in the MY Metals and Mining Industry?
Price-To-Earnings vs Industry: TASHIN is good value based on its Price-To-Earnings Ratio (2.8x) compared to the MY Metals and Mining industry average (4.9x)
Price to Earnings Ratio vs Fair Ratio
What is TASHIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.8x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TASHIN's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of TASHIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TASHIN (MYR0.5) is trading below our estimate of fair value (MYR0.85)
Significantly Below Fair Value: TASHIN is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Tashin Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tashin Holdings Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine whether Tashin Holdings Berhad is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
How has Tashin Holdings Berhad performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TASHIN has a high level of non-cash earnings.
Growing Profit Margin: TASHIN's current net profit margins (15.1%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: TASHIN's earnings have grown significantly by 55.3% per year over the past 5 years.
Accelerating Growth: TASHIN's earnings growth over the past year (200.4%) exceeds its 5-year average (55.3% per year).
Earnings vs Industry: TASHIN earnings growth over the past year (200.4%) exceeded the Metals and Mining industry 87.4%.
Return on Equity
High ROE: TASHIN's Return on Equity (23.3%) is considered high.
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How is Tashin Holdings Berhad's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TASHIN's short term assets (MYR313.7M) exceed its short term liabilities (MYR113.3M).
Long Term Liabilities: TASHIN's short term assets (MYR313.7M) exceed its long term liabilities (MYR11.7M).
Debt to Equity History and Analysis
Debt Level: TASHIN's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: TASHIN's debt to equity ratio has reduced from 29.9% to 24.1% over the past 5 years.
Debt Coverage: TASHIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TASHIN's interest payments on its debt are well covered by EBIT (51x coverage).
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What is Tashin Holdings Berhad current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TASHIN's dividend (12.12%) is higher than the bottom 25% of dividend payers in the MY market (2%).
High Dividend: TASHIN's dividend (12.12%) is in the top 25% of dividend payers in the MY market (4.87%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether TASHIN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TASHIN's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), TASHIN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TASHIN is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Choon Teik Lim (69 yo)
Mr. Lim Choon Teik serves as Managing Director and Director at Tashin Holdings Berhad and has been its Director since April 18, 2018. He served as an Executive Director of Tashin Steel Sdn. Bhd.(tssB) and...
CEO Compensation Analysis
Compensation vs Market: Choon Teik's total compensation ($USD8.55K) is below average for companies of similar size in the MY market ($USD112.38K).
Compensation vs Earnings: Choon Teik's compensation has been consistent with company performance over the past year.
Experienced Board: TASHIN's board of directors are considered experienced (4.3 years average tenure).
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 not been meaningfully diluted in the past year.
Tashin Holdings Berhad's employee growth, exchange listings and data sources
- Name: Tashin Holdings Berhad
- Ticker: TASHIN
- Exchange: KLSE
- Founded: 2017
- Industry: Steel
- Sector: Materials
- Implied Market Cap: RM172.751m
- Shares outstanding: 348.99m
- Website: https://www.tashin.com.my
- Tashin Holdings Berhad
- Plot 40, Lorong Perusahaan Maju 7
- Kawasan Perusahaan 4
- Pulau Pinang
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/13 00:00|
|End of Day Share Price||2022/08/12 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.