Astro Malaysia Holdings Berhad, an investment holding company, operates as a content and consumer company in Malaysia and internationally. More Details
Good value average dividend payer.
Share Price & News
How has Astro Malaysia Holdings Berhad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASTRO has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ASTRO matched the MY Media industry which returned -45.1% over the past year.
Return vs Market: ASTRO underperformed the MY Market which returned -3.1% over the past year.
Price Volatility Vs. Market
How volatile is Astro Malaysia Holdings Berhad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShould You Be Excited About Astro Malaysia Holdings Berhad's (KLSE:ASTRO) 51% Return On Equity?
4 weeks ago | Simply Wall StShould Income Investors Look At Astro Malaysia Holdings Berhad (KLSE:ASTRO) Before Its Ex-Dividend?
1 month ago | Simply Wall StThese 4 Measures Indicate That Astro Malaysia Holdings Berhad (KLSE:ASTRO) Is Using Debt Reasonably Well
Is Astro Malaysia Holdings Berhad undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASTRO (MYR0.74) is trading below our estimate of fair value (MYR1.55)
Significantly Below Fair Value: ASTRO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASTRO is good value based on its PE Ratio (7.4x) compared to the XA Media industry average (25.2x).
PE vs Market: ASTRO is good value based on its PE Ratio (7.4x) compared to the MY market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: ASTRO is poor value based on its PEG Ratio (20.2x)
Price to Book Ratio
PB vs Industry: ASTRO is overvalued based on its PB Ratio (4.1x) compared to the MY Media industry average (0.5x).
How is Astro Malaysia Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASTRO's forecast earnings growth (0.4% per year) is below the savings rate (3.9%).
Earnings vs Market: ASTRO's earnings (0.4% per year) are forecast to grow slower than the MY market (17.9% per year).
High Growth Earnings: ASTRO's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASTRO's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: ASTRO's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASTRO's Return on Equity is forecast to be high in 3 years time (38.2%)
How has Astro Malaysia Holdings Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASTRO has high quality earnings.
Growing Profit Margin: ASTRO's current net profit margins (11.3%) are lower than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: ASTRO's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: ASTRO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASTRO had negative earnings growth (-16.2%) over the past year, making it difficult to compare to the Media industry average (-8.2%).
Return on Equity
High ROE: Whilst ASTRO's Return on Equity (50.54%) is outstanding, this metric is skewed due to their high level of debt.
How is Astro Malaysia Holdings Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: ASTRO's short term assets (MYR1.8B) do not cover its short term liabilities (MYR1.8B).
Long Term Liabilities: ASTRO's short term assets (MYR1.8B) do not cover its long term liabilities (MYR3.2B).
Debt to Equity History and Analysis
Debt Level: ASTRO's debt to equity ratio (231.2%) is considered high.
Reducing Debt: ASTRO's debt to equity ratio has reduced from 577.4% to 231.2% over the past 5 years.
Debt Coverage: ASTRO's debt is well covered by operating cash flow (70.5%).
Interest Coverage: ASTRO's interest payments on its debt are well covered by EBIT (4.7x coverage).
What is Astro Malaysia Holdings Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASTRO's dividend (10.2%) is higher than the bottom 25% of dividend payers in the MY market (1.6%).
High Dividend: ASTRO's dividend (10.2%) is in the top 25% of dividend payers in the MY market (5.08%)
Stability and Growth of Payments
Stable Dividend: ASTRO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ASTRO's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.5%), ASTRO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASTRO's dividends in 3 years are forecast to be covered by earnings (70.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Henry Tan (57 yo)
Mr. Poh Hock Tan, also known as Henry, serves as Group Chief Executive Officer at Astro Malaysia Holdings Berhad since April 01, 2020. He served as Chief Executive Officer of Astro Malaysia Holdings Berhad ...
|Group Chief Executive Officer||1.67yrs||no data||0.036% |
|Group Chief Financial Officer||3.75yrs||no data||no data|
|CEO of TV & Group COO||0.50yr||no data||no data|
|Director of Communications||13.08yrs||no data||no data|
|Director of Marketing||1.67yrs||no data||no data|
|Director of People & Workplace||no data||no data||no data|
|Chief Contracting Officer||no data||no data||no data|
|Head of Facilities||no data||no data||no data|
|Chief Executive Officer of Go Shop||7.42yrs||no data||0% |
|VP of Business Development & Head of Astro Shaw||no data||no data||no data|
|Chief Operating Officer of Smart Homes||no data||no data||no data|
|Chief of Malay & Nusantara||no data||no data||no data|
Experienced Management: ASTRO's management team is considered experienced (2.7 years average tenure).
|Independent Non-Executive Chairman||8.17yrs||RM602.00k||0.020% |
|Senior Independent Non-Executive Director||2.83yrs||RM393.00k||0.0057% |
|Non-Independent Non Executive Director||4.08yrs||RM334.00k||0.019% |
|Independent Non Executive Director||2.83yrs||RM362.00k||0.0057% |
|Non-Independent Non-Executive Director||1.08yrs||RM131.00k||no data|
|Non Independent & Non Executive Director||1.67yrs||RM276.00k||0% |
|Non Independent Non Executive Director||3.33yrs||RM297.00k||no data|
|Non-Independent & Non-Executive Director||1.67yrs||RM277.00k||no data|
|Alternate Non Independent & Non Executive Director||1.42yrs||no data||no data|
Experienced Board: ASTRO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Astro Malaysia Holdings Berhad's company bio, employee growth, exchange listings and data sources
- Name: Astro Malaysia Holdings Berhad
- Ticker: ASTRO
- Exchange: KLSE
- Founded: 1996
- Industry: Broadcasting
- Sector: Media
- Market Cap: RM3.833b
- Shares outstanding: 5.21b
- Website: https://corporate.astro.com.my
Number of Employees
- Astro Malaysia Holdings Berhad
- All Asia Broadcast Centre
- Technology Park Malaysia
- Kuala Lumpur
- Wilayah Persekutuan
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASTRO||KLSE (Bursa Malaysia)||Yes||Ordinary Shares||MY||MYR||Oct 2012|
Astro Malaysia Holdings Berhad, an investment holding company, operates as a content and consumer company in Malaysia and internationally. The company operates through Television, Radio, Home-Shopping, and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/24 15:57|
|End of Day Share Price||2020/10/23 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.