KLSE:ASTRO

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Astro Malaysia Holdings Berhad

Executive Summary

Astro Malaysia Holdings Berhad, an investment holding company, operates as a content and consumer company in Malaysia and internationally. More Details


Snowflake Analysis

Good value average dividend payer.


Similar Companies

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.


Market Performance


7 Day Return

-3.3%

ASTRO

-3.4%

MY Media

-0.8%

MY Market


1 Year Return

-46.0%

ASTRO

-45.1%

MY Media

-3.1%

MY Market

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.


Shareholder returns

ASTROIndustryMarket
7 Day-3.3%-3.4%-0.8%
30 Day-7.5%-6.9%0.7%
90 Day-8.7%-6.9%-2.5%
1 Year-42.4%-46.0%-41.8%-45.1%-0.06%-3.1%
3 Year-69.0%-74.2%-71.0%-75.2%-6.7%-17.4%
5 Year-66.2%-74.3%-69.7%-76.6%5.0%-12.7%

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

Valuation

Is Astro Malaysia 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: 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).


Next Steps

Future Growth

How is Astro Malaysia Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

0.4%

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%)


Next Steps

Past Performance

How has Astro Malaysia Holdings Berhad performed over the past 5 years?

-2.3%

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.


Next Steps

Financial Health

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).


Balance Sheet


Next Steps

Dividend

What is Astro Malaysia Holdings Berhad current dividend yield, its reliability and sustainability?

10.20%

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).


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Henry Tan (57 yo)

1.67yrs

Tenure

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Poh Tan
Group Chief Executive Officer1.67yrsno data0.036%
MYR 1.4m
Shafiq Bin Abdul Jabbar
Group Chief Financial Officer3.75yrsno datano data
Euan Smith
CEO of TV & Group COO0.50yrno datano data
Seok Toh
Director of Communications13.08yrsno datano data
Yen Lim
Director of Marketing1.67yrsno datano data
Gavin Baxter
Director of People & Workplaceno datano datano data
Futt Fong Kong
Chief Contracting Officerno datano datano data
Kam Tang
Head of Facilitiesno datano datano data
Hwee Lee
Chief Executive Officer of Go Shop7.42yrsno data0%
MYR 0
Najwa Bakar
VP of Business Development & Head of Astro Shawno datano datano data
Vinayan Verenkar
Chief Operating Officer of Smart Homesno datano datano data
Khairul Salleh
Chief of Malay & Nusantarano datano datano data

2.7yrs

Average Tenure

48yo

Average Age

Experienced Management: ASTRO's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Seri Zaki Tun Azmi
Independent Non-Executive Chairman8.17yrsRM602.00k0.020%
MYR 771.9k
Ah Yau
Senior Independent Non-Executive Director2.83yrsRM393.00k0.0057%
MYR 220.4k
Ghee Lim
Non-Independent Non Executive Director4.08yrsRM334.00k0.019%
MYR 735.1k
Renzo Viegas
Independent Non Executive Director2.83yrsRM362.00k0.0057%
MYR 220.4k
Nik Rizal Bin Nik Ibrahim Kamil
Non-Independent Non-Executive Director1.08yrsRM131.00kno data
Yam Tunku Bin Raja Muhammad Alias
Non Independent & Non Executive Director1.67yrsRM276.00k0%
MYR 0
Simon Cathcart
Non Independent Non Executive Director3.33yrsRM297.00kno data
Mazita Binti Mokty
Non-Independent & Non-Executive Director1.67yrsRM277.00kno data
Nurhisham Bin Hussein
Alternate Non Independent & Non Executive Director1.42yrsno datano data

2.8yrs

Average Tenure

51yo

Average Age

Experienced Board: ASTRO's board of directors are not considered experienced ( 2.8 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

Astro Malaysia Holdings Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Astro Malaysia Holdings Berhad
  • All Asia Broadcast Centre
  • Technology Park Malaysia
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 57000
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASTROKLSE (Bursa Malaysia)YesOrdinary SharesMYMYROct 2012

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 15:57
End of Day Share Price2020/10/23 00:00
Earnings2020/07/31
Annual Earnings2020/01/31


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.