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
|Historical stock prices|
|Current Share Price||RM0.015|
|52 Week High||RM0.055|
|52 Week Low||RM0.01|
|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
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...
|DOLMITE||MY Real Estate||MY Market|
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.
|DOLMITE Average Weekly Movement||n/a|
|Real Estate Industry Average Movement||5.0%|
|Market Average Movement||5.3%|
|10% most volatile stocks in MY Market||11.0%|
|10% least volatile stocks in MY Market||2.4%|
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
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
|DOLMITE fundamental statistics|
Is DOLMITE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DOLMITE income statement (TTM)|
|Cost of Revenue||RM17.66m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.07|
|Net Profit Margin||-1,574.64%|
How did DOLMITE perform over the long term?See historical performance and comparison
Is DOLMITE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is DOLMITE's n/a Ratio?|
Price to Sales Ratio vs Peers
How does DOLMITE's PS Ratio compare to its peers?
|DOLMITE PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
MPCORP Malaysia Pacific Corporation Berhad
BERTAM Bertam Alliance Berhad
MERIDIAN Meridian Berhad
ENCORP Encorp Berhad
DOLMITE Dolomite Corporation Berhad
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.
|Current PS Ratio||3.4x|
|Fair PS Ratio||n/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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How is Dolomite Corporation Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
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- 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.
How has Dolomite Corporation Berhad performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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.
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How is Dolomite Corporation Berhad's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
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.
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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What is Dolomite Corporation Berhad current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Dolomite Corporation Berhad Dividend Yield vs Market|
|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.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Choong Lew (63 yo)
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...
Experienced Management: DOLMITE's management team is seasoned and experienced (9.3 years average tenure).
Experienced Board: DOLMITE's board of directors are seasoned and experienced ( 19.2 years average tenure).
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Dolomite Corporation Berhad's employee growth, exchange listings and data sources
- 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
- Dolomite Corporation Berhad
- 19, Dolomite Park Avenue
- Jalan Batu Caves
- Batu Caves
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DOLMITE||KLSE (Bursa Malaysia)||Yes||Ordinary Shares||MY||MYR||Jul 2003|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/29 00:00|
|End of Day Share Price||2022/09/27 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.