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DOLM

Dolomite Corporation Berhad KLSE:DOLMITE Stock Report

Last Price

RM0.015

Market Cap

RM8.9m

7D

-25.0%

1Y

-62.5%

Updated

29 Sep, 2022

Data

Company Financials
DOLMITE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

DOLMITE Stock Overview

Dolomite Corporation Berhad, an investment holding company, primarily engages in the property development business in Malaysia.

Dolomite Corporation Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Dolomite Corporation Berhad
Historical stock prices
Current Share PriceRM0.015
52 Week HighRM0.055
52 Week LowRM0.01
Beta2.39
1 Month Change-25.00%
3 Month Change-25.00%
1 Year Change-62.50%
3 Year Change-90.91%
5 Year Change-94.23%
Change since IPO-98.37%

Recent News & Updates

Jul 25
Dolomite Corporation Berhad (KLSE:DOLMITE) Has Debt But No Earnings; Should You Worry?

Dolomite Corporation Berhad (KLSE:DOLMITE) Has Debt But No Earnings; Should You Worry?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

DOLMITEMY Real EstateMY Market
7D-25.0%-3.1%-2.9%
1Y-62.5%-14.1%-12.1%

Return vs Industry: DOLMITE underperformed the MY Real Estate industry which returned -14.1% over the past year.

Return vs Market: DOLMITE underperformed the MY Market which returned -12.1% over the past year.

Price Volatility

Is DOLMITE's price volatile compared to industry and market?
DOLMITE volatility
DOLMITE Average Weekly Movementn/a
Real Estate Industry Average Movement5.0%
Market Average Movement5.3%
10% most volatile stocks in MY Market11.0%
10% least volatile stocks in MY Market2.4%

Stable Share Price: Insufficient data to determine DOLMITE's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine DOLMITE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a29Choong Lewhttps://www.dolomite.com.my

Dolomite Corporation Berhad, an investment holding company, primarily engages in the property development business in Malaysia. It operates through Manufacturing, Construction, Property Development, and Thermal Power Generation segments. The Manufacturing segment manufactures and sells quarry products, hotmixes, and ready mixed concrete products, as well as engages in sand and mineral mining.

Dolomite Corporation Berhad Fundamentals Summary

How do Dolomite Corporation Berhad's earnings and revenue compare to its market cap?
DOLMITE fundamental statistics
Market CapRM8.86m
Earnings (TTM)-RM41.54m
Revenue (TTM)RM2.64m

3.4x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DOLMITE income statement (TTM)
RevenueRM2.64m
Cost of RevenueRM17.66m
Gross Profit-RM15.02m
Other ExpensesRM26.52m
Earnings-RM41.54m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.07
Gross Margin-569.26%
Net Profit Margin-1,574.64%
Debt/Equity Ratio2,199.5%

How did DOLMITE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is DOLMITE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DOLMITE?

Other financial metrics that can be useful for relative valuation.

DOLMITE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue82.7x
Enterprise Value/EBITDA-18.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does DOLMITE's PS Ratio compare to its peers?

DOLMITE PS Ratio vs Peers
The above table shows the PS ratio for DOLMITE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.5x
MPCORP Malaysia Pacific Corporation Berhad
2.9xn/aRM10.1m
BERTAM Bertam Alliance Berhad
1.4xn/aRM13.6m
MERIDIAN Meridian Berhad
1.4xn/aRM22.6m
ENCORP Encorp Berhad
0.4xn/aRM66.4m
DOLMITE Dolomite Corporation Berhad
3.4xn/aRM8.9m

Price-To-Sales vs Peers: DOLMITE is expensive based on its Price-To-Sales Ratio (3.4x) compared to the peer average (1.5x).


Price to Earnings Ratio vs Industry

How does DOLMITE's PE Ratio compare vs other companies in the MY Real Estate Industry?

Price-To-Sales vs Industry: DOLMITE is expensive based on its Price-To-Sales Ratio (3.4x) compared to the MY Real Estate industry average (1.4x)


Price to Sales Ratio vs Fair Ratio

What is DOLMITE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DOLMITE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate DOLMITE's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of DOLMITE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate DOLMITE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate DOLMITE's fair value for valuation analysis.


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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Future Growth

How is Dolomite Corporation Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.7%

Forecasted Real Estate 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 Dolomite Corporation 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.


Discover growth companies

  • Take a look at our analysis of DOLMITE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Dolomite Corporation Berhad performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-4.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DOLMITE is currently unprofitable.

Growing Profit Margin: DOLMITE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DOLMITE is unprofitable, and losses have increased over the past 5 years at a rate of 4.4% per year.

Accelerating Growth: Unable to compare DOLMITE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DOLMITE is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (7.7%).


Return on Equity

High ROE: DOLMITE has a negative Return on Equity (-435.83%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Dolomite Corporation Berhad's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: DOLMITE's short term assets (MYR170.6M) do not cover its short term liabilities (MYR334.5M).

Long Term Liabilities: DOLMITE's short term assets (MYR170.6M) exceed its long term liabilities (MYR10.9M).


Debt to Equity History and Analysis

Debt Level: DOLMITE's net debt to equity ratio (2195.1%) is considered high.

Reducing Debt: DOLMITE's debt to equity ratio has increased from 175.7% to 2199.5% 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: DOLMITE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DOLMITE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.6% each year


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Dividend

What is Dolomite Corporation Berhad current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Dolomite Corporation Berhad Dividend Yield vs Market
How does Dolomite Corporation Berhad dividend yield compare to the market?
SegmentDividend Yield
Company (Dolomite Corporation Berhad)n/a
Market Bottom 25% (MY)2.1%
Market Top 25% (MY)5.3%
Industry Average (Real Estate)4.0%
Analyst forecast in 3 Years (Dolomite Corporation Berhad)n/a

Notable Dividend: Unable to evaluate DOLMITE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DOLMITE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DOLMITE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DOLMITE's dividend payments have been increasing.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DOLMITE has not reported any payouts.


Discover strong dividend paying companies

Management

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

9.3yrs

Average management tenure


CEO

Choong Lew (63 yo)

20.67yrs

Tenure

Mr. Choong Keong Lew has been the Managing Director of DOLOMITE CORPORATION BERHAD since July 17, 2003. Mr. Lew has over 19 years of experience in the quarry and construction sector. He started his career...


Leadership Team

Experienced Management: DOLMITE's management team is seasoned and experienced (9.3 years average tenure).


Board Members

Experienced Board: DOLMITE's board of directors are seasoned and experienced ( 19.2 years average tenure).


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

What is the ownership structure of DOLMITE?
Owner TypeNumber of SharesOwnership Percentage
Institutions2,522,3000.4%
Public Companies2,588,5590.4%
General Public96,724,64616.4%
Individual Insiders237,777,20140.2%
Private Companies251,179,50242.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 82.1% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
23.4%
Bong Sin Rubber Estates Co Sdn Bhd
138,240,342MYR2.1m0%no data
17.88%
Jen Huang
105,619,102MYR1.6m0%no data
7.62%
Beng Lim
45,011,626MYR675.2k0%no data
7.62%
Fadzilah & Fikri Sdn Bhd
45,000,000MYR675.0k0%no data
4.72%
Euroway Construction Sdn Bhd
27,871,754MYR418.1k0%no data
4.36%
Bong Sin Construction Company Sdn. Bhd.
25,759,960MYR386.4k0%no data
2.3%
Beng Teck Lim
13,577,254MYR203.7k0%no data
2.03%
Koon Khow Chai
11,980,200MYR179.7k0%no data
1.69%
Geok Wah Ng
10,000,000MYR150.0k0%no data
1.46%
Huang Nam Lau
8,625,850MYR129.4k0%no data
1.41%
Huan Yeong Lau
8,311,669MYR124.7k0%no data
0.99%
Thiam Poh Lai
5,836,000MYR87.5k0%no data
0.95%
Ang Yoke Lian Construction Sdn Bhd
5,625,001MYR84.4k0%no data
0.85%
Lay Tin Chan
5,000,000MYR75.0k0%no data
0.59%
Jun Han Tay
3,500,000MYR52.5k0%no data
0.58%
Universal Drillers Sdn Bhd
3,415,200MYR51.2k0%no data
0.57%
Ping Ho Ng
3,380,000MYR50.7k0%no data
0.48%
Teck Huat Lim
2,808,700MYR42.1k0%no data
0.47%
Kuasamas Letrik Sdn Bhd
2,801,938MYR42.0k0%no data
0.46%
Siew Eng Chiang
2,725,700MYR40.9k0%no data
0.44%
Artefact Projects Limited
2,588,559MYR38.8k0%no data
0.43%
Bank of Singapore Limited, Asset Management Arm
2,522,300MYR37.8k0%no data
0.42%
Perunding Timur Sdn Bhd
2,465,307MYR37.0k0%no data
0.34%
Kuai Hong Long
2,000,000MYR30.0k0%no data
0.068%
Koon Wah Yap
400,000MYR6.0k0%no data

Company Information

Dolomite Corporation Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Dolomite Corporation Berhad
  • Ticker: DOLMITE
  • Exchange: KLSE
  • Founded: NaN
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: RM8.862m
  • Shares outstanding: 590.79m
  • Website: https://www.dolomite.com.my

Number of Employees


Location

  • Dolomite Corporation Berhad
  • 19, Dolomite Park Avenue
  • Jalan Batu Caves
  • Batu Caves
  • Selangor
  • 68100
  • Malaysia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DOLMITEKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJul 2003

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.