| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 1/6 |
WTK Overview
W T K Holdings Berhad, an investment holding company, operates in the timber industry.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM0.51 |
| 52 Week High | RM0.39 |
| 52 Week Low | RM0.65 |
| Beta | 1.43 |
| 1 Month Change | 12.09% |
| 3 Month Change | 15.91% |
| 1 Year Change | 15.91% |
| 3 Year Change | 6.25% |
| 5 Year Change | -52.34% |
| Change since IPO | -30.96% |
Recent News & Updates
Is W T K Holdings Berhad (KLSE:WTK) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is W T K Holdings Berhad (KLSE:WTK) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Shareholder Returns
| WTK | MY Forestry | MY Market | |
|---|---|---|---|
| 7D | 5.2% | -0.09% | 2.1% |
| 1Y | 15.9% | 1.9% | 8.9% |
Return vs Industry: WTK exceeded the MY Forestry industry which returned 1.9% over the past year.
Return vs Market: WTK exceeded the MY Market which returned 8.9% over the past year.
Price Volatility
| WTK volatility | |
|---|---|
| WTK Beta | 1.43 |
| Industry Beta | 1.02 |
| Market Beta | 1 |
Stable Share Price: WTK is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: WTK's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1970 | n/a | Patrick Wong | https://wtkholdings.com |
W T K Holdings Berhad, an investment holding company, operates in the timber industry. It operates through Timber, Plantation, Trading, and Manufacturing segments. The Timber segment extracts and sells timber; and manufactures and sells plywood, veneer, and sawn timber, as well as provides reforestation and related services.
W T K Holdings Berhad Fundamentals Summary
| WTK fundamental statistics | |
|---|---|
| Market Cap | RM239.23m |
| Earnings (TTM) | -RM138.95m |
| Revenue (TTM) | RM360.75m |
0.7x
P/S Ratio-1.7x
P/E RatioIs WTK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WTK income statement (TTM) | |
|---|---|
| Revenue | RM360.75m |
| Cost of Revenue | RM363.21m |
| Gross Profit | -RM2.46m |
| Expenses | RM136.49m |
| Earnings | -RM138.95m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.30 |
| Gross Margin | -0.68% |
| Net Profit Margin | -38.52% |
| Debt/Equity Ratio | 33.7% |
How did WTK perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield-3%
Payout RatioValuation
Is W T K Holdings Berhad undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WTK (MYR0.51) is trading below our estimate of fair value (MYR7.25)
Significantly Below Fair Value: WTK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WTK is unprofitable, so we can't compare its PE Ratio to the MY Forestry industry average.
PE vs Market: WTK is unprofitable, so we can't compare its PE Ratio to the MY market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WTK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WTK is good value based on its PB Ratio (0.3x) compared to the MY Forestry industry average (0.6x).
Future Growth
How is W T K Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.4%
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 W T K 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 W T K Holdings Berhad performed over the past 5 years?
-73.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WTK is currently unprofitable.
Growing Profit Margin: WTK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WTK is unprofitable, and losses have increased over the past 5 years at a rate of 73% per year.
Accelerating Growth: Unable to compare WTK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WTK is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (116.5%).
Return on Equity
High ROE: WTK has a negative Return on Equity (-17.74%), as it is currently unprofitable.
Financial Health
How is W T K Holdings Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: WTK's short term assets (MYR480.8M) exceed its short term liabilities (MYR194.8M).
Long Term Liabilities: WTK's short term assets (MYR480.8M) exceed its long term liabilities (MYR169.3M).
Debt to Equity History and Analysis
Debt Level: WTK's debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: WTK's debt to equity ratio has increased from 22.9% to 33.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WTK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WTK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is W T K Holdings Berhad current dividend yield, its reliability and sustainability?
1.96%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WTK's dividend (1.96%) is higher than the bottom 25% of dividend payers in the MY market (1.51%).
High Dividend: WTK's dividend (1.96%) is low compared to the top 25% of dividend payers in the MY market (4.12%).
Stability and Growth of Payments
Stable Dividend: WTK's dividend payments have been volatile in the past 10 years.
Growing Dividend: WTK's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: WTK is paying a dividend but the company is unprofitable.
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?
2.0yrs
Average management tenure
CEO
Patrick Wong (51 yo)
8.58yrs
Tenure
RM497,139
Compensation
Mr. Haw Yeong Wong, also known as Patrick, has been Managing Director of W T K Holdings Berhad since March 1, 2013. Mr. Wong serves as General Manager of Kuching Plywood Berhad. Mr. Wong is responsible for...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD119.55K) is about average for companies of similar size in the MY market ($USD123.96K).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: WTK's management team is considered experienced (2 years average tenure).
Board Members
Experienced Board: WTK's board of directors are not considered experienced ( 2 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
W T K Holdings Berhad's employee growth, exchange listings and data sources
Key Information
- Name: W T K Holdings Berhad
- Ticker: WTK
- Exchange: KLSE
- Founded: 1970
- Industry: Forest Products
- Sector: Materials
- Market Cap: RM239.232m
- Shares outstanding: 469.08m
- Website: https://wtkholdings.com
Number of Employees
Location
- W T K Holdings Berhad
- Bangunan Hung Ann
- No. 1, Jalan Bujang Suntong
- Sibu
- Sarawak
- 96000
- Malaysia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/16 11:04 |
| End of Day Share Price | 2021/10/15 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.