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TOYO

Toyo Ventures Holdings BerhadKLSE:TOYOVEN Stock Report

Market Cap

RM251.9m

7D

-14.4%

1Y

197.2%

Updated

24 Sep, 2021

Data

Company Financials
TOYOVEN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

TOYOVEN Overview

Toyo Ventures Holdings Berhad, an investment holding company, engages in the manufacture and sale of printing inks in Malaysia.

Price History & Performance

Summary of all time highs, changes and price drops for Toyo Ventures Holdings Berhad
Historical stock prices
Current Share PriceRM2.14
52 Week HighRM0.68
52 Week LowRM4.31
Beta1.25
1 Month Change-10.83%
3 Month Change4.39%
1 Year Change197.22%
3 Year Change174.36%
5 Year Change296.30%
Change since IPO14.44%

Recent News & Updates

May 13
Calculating The Intrinsic Value Of Toyo Ventures Holdings Berhad (KLSE:TOYOVEN)

Calculating The Intrinsic Value Of Toyo Ventures Holdings Berhad (KLSE:TOYOVEN)

How far off is Toyo Ventures Holdings Berhad ( KLSE:TOYOVEN ) from its intrinsic value? Using the most recent financial...

Mar 15
Will Toyo Ink Group Berhad (KLSE:TOYOVEN) Multiply In Value Going Forward?

Will Toyo Ink Group Berhad (KLSE:TOYOVEN) Multiply In Value Going Forward?

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...

Shareholder Returns

TOYOVENMY ChemicalsMY Market
7D-14.4%1.0%-0.7%
1Y197.2%41.3%6.2%

Return vs Industry: TOYOVEN exceeded the MY Chemicals industry which returned 41.3% over the past year.

Return vs Market: TOYOVEN exceeded the MY Market which returned 6.2% over the past year.

Price Volatility

Is TOYOVEN's price volatile compared to industry and market?
TOYOVEN volatility
TOYOVEN Beta1.25
Industry Beta0.57
Market Beta1

Stable Share Price: TOYOVEN is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TOYOVEN's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
2020n/aKok Songhttps://www.toyoventures.com.my

Toyo Ventures Holdings Berhad, an investment holding company, engages in the manufacture and sale of printing inks in Malaysia. It manufactures color pigment, colorants for plastic, EDM cut wire and graphic art, and CNC machining of graphite and copper EDM electrodes, files, chemicals, and equipment for lithography and allied industries. The company also supplies, distributes, and deals in printing ink, color pigment, colorants for plastic and other printing materials, electrical discharge machining tools, graphite materials, and 3D profile metal components, as well as invests in properties.

Toyo Ventures Holdings Berhad Fundamentals Summary

How do Toyo Ventures Holdings Berhad's earnings and revenue compare to its market cap?
TOYOVEN fundamental statistics
Market CapRM251.88m
Earnings (TTM)RM2.52m
Revenue (TTM)RM77.14m

99.9x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOYOVEN income statement (TTM)
RevenueRM77.14m
Cost of RevenueRM60.35m
Gross ProfitRM16.78m
ExpensesRM14.26m
EarningsRM2.52m

Dividends

0.9%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Toyo Ventures Holdings Berhad undervalued compared to its fair value and its price relative to the market?

99.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TOYOVEN (MYR2.14) is trading above our estimate of fair value (MYR0.24)

Significantly Below Fair Value: TOYOVEN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TOYOVEN is poor value based on its PE Ratio (99.9x) compared to the MY Chemicals industry average (16.6x).

PE vs Market: TOYOVEN is poor value based on its PE Ratio (99.9x) compared to the MY market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TOYOVEN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TOYOVEN is overvalued based on its PB Ratio (2x) compared to the MY Chemicals industry average (1.3x).


Future Growth

How is Toyo Ventures Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-9.8%

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 Toyo Ventures 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.


Past Performance

How has Toyo Ventures Holdings Berhad performed over the past 5 years?

36.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TOYOVEN has a large one-off gain of MYR3.9M impacting its March 31 2021 financial results.

Growing Profit Margin: TOYOVEN's current net profit margins (3.3%) are lower than last year (7.7%).


Past Earnings Growth Analysis

Earnings Trend: TOYOVEN's earnings have grown significantly by 36.7% per year over the past 5 years.

Accelerating Growth: TOYOVEN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TOYOVEN had negative earnings growth (-61.1%) over the past year, making it difficult to compare to the Chemicals industry average (70.8%).


Return on Equity

High ROE: TOYOVEN's Return on Equity (2%) is considered low.


Financial Health

How is Toyo Ventures Holdings Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: TOYOVEN's short term assets (MYR481.8M) exceed its short term liabilities (MYR25.3M).

Long Term Liabilities: TOYOVEN's short term assets (MYR481.8M) exceed its long term liabilities (MYR354.2M).


Debt to Equity History and Analysis

Debt Level: TOYOVEN's debt to equity ratio (6%) is considered satisfactory.

Reducing Debt: TOYOVEN's debt to equity ratio has reduced from 21.3% to 6% over the past 5 years.

Debt Coverage: TOYOVEN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if TOYOVEN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Toyo Ventures Holdings Berhad current dividend yield, its reliability and sustainability?

0.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TOYOVEN's dividend (0.93%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.55%).

High Dividend: TOYOVEN's dividend (0.93%) is low compared to the top 25% of dividend payers in the MY market (4.17%).


Stability and Growth of Payments

Stable Dividend: TOYOVEN has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TOYOVEN's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average board tenure


CEO

Kok Song (69 yo)

no data

Tenure

RM46,600

Compensation

Mr. Kok Cheong Song serves as Group Managing Director of Toyo Ventures Holdings Berhad and has been its Director since August 4, 2003. Mr. Song has experience in the printing ink and printing related busin...


CEO Compensation Analysis

Compensation vs Market: Kok's total compensation ($USD11.13K) is below average for companies of similar size in the MY market ($USD124.66K).

Compensation vs Earnings: Kok's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

Experienced Board: TOYOVEN's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10%.


Top Shareholders

Company Information

Toyo Ventures Holdings Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Toyo Ventures Holdings Berhad
  • Ticker: TOYOVEN
  • Exchange: KLSE
  • Founded: 2020
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: RM251.883m
  • Shares outstanding: 117.70m
  • Website: https://www.toyoventures.com.my

Location

  • Toyo Ventures Holdings Berhad
  • PT 3477, Jalan 6/1
  • Kawasan Perusahaan Seri Kembangan
  • Seri Kembangan
  • Selangor
  • 43300
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:35
End of Day Share Price2021/09/24 00:00
Earnings2021/03/31
Annual Earnings2020/06/30


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.